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Rhode Island lawmakers moving forward with 'social wagering'

Rhode Island lawmakers moving forward with 'social wagering'

posted on February 05, 2018 by

In Rhode Island, lawmakers are moving forward with sports wagering legislation that includes “social wagering.” State Representative William O’Brien introduced legislation last week that would legalize sports betting beyond the scope of sports betting plans.

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Bay 101 Casino in San Jose spurs new development

Bay 101 Casino in San Jose spurs new development

posted on February 05, 2018 by

A recently opened casino project in San Jose is spurring new development nearby. Developers said last week they will move forward with plans to build a new office tower in northern part of the city, adjacent to the recently relocated Bay 101 Casino complex.

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Mohegan Gaming reports net income of $29.2M for Q1 of fiscal year

Mohegan Gaming reports net income of $29.2M for Q1 of fiscal year

posted on February 05, 2018 by

Tribal gaming operator Mohegan Gaming and Entertainment is primed for an improved 2018 reporting net income of $29.2 million for the first quarter of its fiscal year ending December 31, 2017, compared to a loss in the prior year period.

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A move is underway in South Dakota to expand gambling

A move is underway in South Dakota to expand gambling

posted on February 03, 2018 by

A move is underway in South Dakota to expand gambling options in the state. Supporters of a proposed casino and entertainment complex in Yankton say a casino would help the community and bring in millions of dollars for the state.

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Harrah’s New Orleans looking to expand its downtown casino/resort

Harrah’s New Orleans looking to expand its downtown casino/resort

posted on February 03, 2018 by

Harrah’s New Orleans officials are telling Louisiana legislators the company wants to significantly expand its downtown casino/resort by building a second high rise hotel adjacent to their current hotel in downtown New Orleans, near the French Quarter.

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Americans will wager $4.76B on super Bowl LII, $4.6B of it illegally

Americans will wager $4.76B on super Bowl LII, $4.6B of it illegally

posted on February 02, 2018 by

The American Gaming Association says Americans will wager approximately $4.76 billion on Sunday’s Super Bowl LII, but that because of a “failed federal law” 97 percent of the total wagers, equaling more than $4.6 billion, will be bet illegally.

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Gambling revenue continues its significant growth in Macau

Gambling revenue continues its significant growth in Macau

posted on February 02, 2018 by

Gambling revenue continued its significant growth in Macau where revenue shot up 36 percent in January. The strong numbers are being attributed not only to high rollers, but also to mass-market players visiting China’s only region with legalized gambling.

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Some Kentucky lawmakers believe casinos should be legalized

Some Kentucky lawmakers believe casinos should be legalized

posted on February 02, 2018 by

Some Kentucky lawmakers believe Gov. Matt Bevin’s proposed 2018-20 state budget confirms the state’s desperate need for more revenue and that lawmakers should consider legalizing casinos.

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Nisqually Red Wind Casino seeking proposals to expand

Nisqually Red Wind Casino seeking proposals to expand

posted on February 01, 2018 by

The rapid expansion of Tribal gaming in the west is continuing in in Olympia, Washington where the Nisqually Red Wind Casino is now seeking proposals to expand its casino, open a new hotel and increase convention space.

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ICE London gaming trade show and seminar will be held Feb. 6-8

ICE London gaming trade show and seminar will be held Feb. 6-8

posted on February 01, 2018 by

More than 400 gaming regulators from 65 jurisdictions will come together in London Feb. 6-8 for the major gaming trade show and seminar, ICE London.

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Clark County’s gambling establishments enjoy strong 2017

Clark County’s gambling establishments enjoy strong 2017

posted on February 01, 2018 by

Clark County’s gambling establishments had a strong 2017, with gaming revenue up 2.7 percent. Statewide the win was up 2.8 percent to $11.57 billion. Slot win was up 3.8 percent to $7.43 billion and table win up 1.1 percent to $4.14 billion

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Florida House revives legislation that could end gambling expansion

Florida House revives legislation that could end gambling expansion

posted on January 31, 2018 by

The Florida House revived legislation Tuesday that could end any expansion of gambling in the state for the next 20 years, force the closure of some card games and protect the Seminole Tribe’s virtual gambling monopoly in the state.

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Thunder Valley Casino remodeling initiative nearing completion

Thunder Valley Casino remodeling initiative nearing completion

posted on January 31, 2018 by

Thunder Valley Casino and Resort near Sacramento is well underway towards completing its $56 million remodeling initiative. Among the improvements is a new 25,000-square-foot, smoke-free poker room and bingo hall, plus a new high-limit slots area.

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Time to rethink taxing strategy

Time to rethink taxing strategy

posted on January 30, 2018 by

Around Town | With the upcoming Supreme Court ruling expected the first half of the year, many states are working on sports betting legislation – just in case the Court’s decision opens the door the Professional and Amateur Sports Protection Act closed in 1992.

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Expect leagues to take small percentage, much less than 1%

Expect leagues to take small percentage, much less than 1%

posted on January 30, 2018 by

The Analyst | Recent articles have stimulated questions from readers on the NBA seeking a piece of the action on sports wagering, Casino resort comps and the $70,000,000 in bad debt casinos reported through the Nevada Gaming Abstract for the 12 months ended June 30, 2017.

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Riverboat laws need hard look

Riverboat laws need hard look

posted on January 30, 2018 by

In Missouri, the St. Louis area’s six riverboat casinos collectively grossed $1,025,443,718 in 2017 amid concerns the various individual state laws regulating riverboat casinos are antiquated and need a massive update.

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Sands talking with MSG about arena

Sands talking with MSG about arena

posted on January 30, 2018 by

The Las Vegas Sands (LVS) last week provided some of the first details about the company’s proposed Las Vegas Sands-Madison Square Garden joint venture arena.

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MGM Cotai opening delayed again

MGM Cotai opening delayed again

posted on January 30, 2018 by

The MGM Cotai opening is delayed once more, according to the Macao Government Tourism Office (MGTO), the body responsible for authorizing hotel operations in the world’s largest gambling hub.

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With nationwide sports betting on the horizon it's important both sides work together

With nationwide sports betting on the horizon it's important both sides work together

posted on January 30, 2018 by

One Mann's Opinion | Last week’s New York State Senate testimony by NBA attorney Dan Spillane suggesting the league receive a one percent share of all wagers on its games should sports betting be legalized has met with various reactions in the sports wagering world, all of it negative.

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Wynn Palace entering design phase two

Wynn Palace entering design phase two

posted on January 30, 2018 by

Gaming Insider | Wynn Palace has managed to successfully take what looks like huge potential in the so-called mass market of wealthy Chinese who have an appetite for a quality experience in the floral-themed resort.

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Law to allow 'historical horseracing' clears Virginia House Appropriations CommitteeLaw to allow 'historical horseracing'…

An effort in Virginia to revive the shuttered Colonial Downs horseracing track near Richmond has resulted in proposed legislation to allow “historical horseracing” clearing the Virginia House Appropriations Committee by a 21-1 vote on Friday.

Caesars Ent. to begin checking guests' hotel rooms every 24 hoursCaesars Ent. to begin checking guests'…

Caesars Entertainment has revealed it will now check its guests' hotel rooms every 24 hours, even if guests have a "Do Not Disturb" sign displayed on the door.

Foxwoods, Mohegan Sun see slot revenue decline in JanuaryFoxwoods, Mohegan Sun see slot revenue…

The two Connecticut casino/resorts, Foxwoods and Mohegan Sun, broke out of the gate slowly in 2018 with Foxwoods posting a 2.5 decrease in slot revenue and Mohegan Sun a 5.3 percent slot revenue decrease for January.

Rhode Island lawmakers now subject to lobbying efforts by NBA, MLBRhode Island lawmakers now subject to…

Rhode Island lawmakers, now considering legalizing sports gambling, will now be subject to official lobbying efforts by the National Basketball Association and Major League Baseball.

Japan considering limiting casino visits to 10 per month for localsJapan considering limiting casino…

A plan, in which Japanese nationals and foreigners living in the country would face significant restrictions on attending proposed casinos, has been floated by the government to the lawmakers of the Liberal Democratic Party, led by Prime Minister Shinzo Abe.

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