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No Child Left Behind this Holiday Season

Although casinos have been expanding amenities to make them more suitable for whole families, incidents of children being left unattended while their guardians go off to gamble have increased dramatically. The Pennsylvania Gaming Control Board has launched a campaign to bring awareness to the problem ahead of this holiday season, according to PGCB Executive Director Kevin O’Toole (l.).

Status Quo in Macau

The decision about the renewal of the six gaming concessions in Macau was almost a foregone conclusion so the official announcement last week wasn’t a surprise. But it is clear that the SAR’s gaming industry is entering a new and more complicated phase.

Macau Plans Sharp Turn from Gaming Economy

Macau is getting serious about a pivot away from gaming to underpin the city’s economy. At a government policy address last week, Chief Executive Ho Iat Seng (l.) laid out a goal to draw 60 percent (versus 14 percent in 2019) of total GDP from non-gaming. As a result, Macau operators have pledged to reinvest billions in their properties over the next 10 years.

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WEEKLY FEATURE: Ireland Creates Gambling Authority, Centralizes Regulations

While the U.K. struggles to get a grasp on gambling reform and regulation, its neighbors to the west are going full speed ahead. The Irish government recently formed a singular gambling regulator, led by longtime public servant Anne Marie Caulfield (l.), and laid out a regulatory framework as the market looks to expand in the near future.

Texas Legislator Re-Files Gambling Legislation

Texas state Senator Carol Alvarado (l.) introduced legislation similar to a bill she sponsored last year which would allow four resort-casinos plus horse and dog racing, as well as a 25 percent tax on slot revenue and 10 percent for table games.

Stitt Asks Federal Court To Let Oklahoma Compacts Stand

Oklahoma Governor Kevin Stitt’s (l.) new attorneys asked a federal court to let stand four tribal compacts signed in 2020. The state supreme court said the compacts were invalid, but Stitt’s lawyers contend the Interior Department allowed them.

Multiple PM Turnovers have Hurt U.K. Gaming Industry

With three prime ministers this year, including the latest, Rishi Sunak (l.), and eight ministers overseeing gambling regulations since the government began the effort, the industry is understandably uncertain when they will finally get the long-awaited white paper. Some experts expect to see it at the beginning of 2023.

Bally’s Closes On Chicago Casino Site

Bally’s officials expect to close on the $200 million purchase of the Freedom Center print plant (l.) before Thanksgiving, then lease it back to raise money for its $1.74 billion Chicago casino, to be developed on the site.

Apollo Liquidates PlayAGS Stake

AGS announced that it will sell 8.2 million shares representing a 22 percent stake in the company held by private equity firm Apollo Global Management, after which PlayAGS’s share price dropped.

MaximBet Shuts Down U.S. Operations

The highly competitive U.S. sports betting market claimed another victim last week as MaximBet announced to its customers that it was shutting down, becoming the third sportsbook to exit the market this year.

NGCB Chairman Brin Gibson to Step Down at Month’s End

Nevada’s top gaming regulator, Brin Gibson (l.), has announced that he will step down as chairman of the Nevada Gaming Control Board at the end of November to pursue other opportunities. Brittnie Watkins will take over temporarily until a permanent replacement is named.

FANTINI’S FINANCE: Cliches Abound—Which Do You Prefer?

At this point, investors have a bull on one shoulder and a bear on the other, and both make logical arguments, even if they’re laden with assumptions and platitudes. The worst part is that neither can be declared right, so it really comes down to which story you prefer to believe.

ASIAN GAMING More

Saipan Casino Could Reopen in 2023, Says IPI

Imperial Pacific International (IPI) expects to reach an agreement with Commonwealth of the Northern Mariana Islands’ (CNMI) Casino Control Commission to reopen its Imperial Palace Saipan (l.) by early 2023. The casino has been closed for more of a year due to owed back fees.

Okada Parent Foresees Loss Due to Takeover

Universal Entertainment Corp, parent of Tiger Resort, Leisure and Entertainment Inc., predicts it could incur $11.5 million in losses from the short-term occupation of Okada Manila by its founder, Kazuo Okada (l.).

EUROPEAN GAMING More

London’s Westminster City Seeks to Clamp Down on Gambling

Westminster City, a borough of London, U.K. is the first in the nation to introduce a policy aimed at protecting the vulnerable by cutting hours of operation and creating “gambling vulnerability zones.” The policy will need to be approved by Paul Scully (l.), the minister responsible for gambling.

Malta Mulls Innovative Technology Arrangements, VFA policy

Malta’s casino regulator is consulting with gaming industry stakeholders to help in the creation of a policy that will accommodate Innovative Technology Arrangements (ITAs) and allow operators to accept virtual tokens and virtual financial assets. The consultation will continue until December 14.

U.K.’s GambleAware Launches New Campaign

The high cost of living, holiday stress and a deluge of ads for the FIFA World Cup games could create a “perfect storm” for problem gambling, according to the GambleAware charity, which will launch a campaign to raise awareness of gambling problems.

GLOBAL GAMING More

Gambling Legalization in Brazil Still Uncertain

The transition between the outgoing president of Brazil, Jair Bolsonaro, and the incoming president Luiz Inácio Lula da Silva (l.) is creating an “unpredictable” landscape for the approval of gaming legalization by the Senate. It is considered unlikely to come up for a vote before 2023.

Sportsbet, Entain Submit Responses to Australian iGaming Inquiry

Entain and Sportsbet have submitted their responses to the Australian government with regards to its ongoing inquiry into the nation’s online gaming industry. The two companies gave their suggestions for future regulations and highlighted their ongoing harm minimization efforts.

Ontario Casinos Can Have Sportsbooks, says OLG

The Ontario Lottery and Gaming Corporation (OLG) announced they will allow sportsbook lounges and kiosks in casinos, and many properties were quick to act, including Caesars Windsor (l.).

ONLINE GAMING More

Rivalry iGaming Attracts Gen X, Millennials with Vintage Computing

Rivalry, an iGaming and sportsbook company that recently began operating in Ontario, Canada, hopes to attract the millennial and Gen X generations to its interactive casino site. The site employs nostalgia for the 1990s with games reminiscent of MP3 players and using a WordArt style logo.

PlayStar Launches App in New Jersey

PlayStar announced the launch of its online casino app in New Jersey, available at Apply and Google Play stores, completing the operator’s entry into the Garden State.

SPORTS BETTING More

Florida Sports Betting Likely Years Away from Launch

For a brief time, sports betting existed in Florida. But a suit charged that the compact between Seminoles and the state violated several laws. The lower court agreed, and now the appeals kick in. The end game? No one knows.

Despite Defeat, Sports Betting Fans in California Will be Back

Trying to find a silver lining in a resounding defeat on November 8, one supporter said it was a beneficial loss—it allows time for sportsbooks to turn positive profits for the next push for the legislature. Pechanga’s Jacob Mejia (l.) says the results confirm what tribes believed: California residents do not want online sports betting.

Wind Creek Teams Up with Chicago Bulls

Wind Creek Hospitality last week announced a new multi-year partnership with the Chicago Bulls NBA team. When it opens, Wind Creek Chicago Southland Casino and Resort will serve as the Bulls’ official casino.

UNITED STATES GAMING More

Strip Deal Back on with Chilean Millionaire

A Chilean millionaire, Claudio Fischer (l.), has plans to build a resort on the Las Vegas Strip, but so far no plans for the 10 acres on the former site of the Riviera that he recently purchased have been revealed.

Demo Work Begins for Fertitta’s New Strip IR Project

Tilman Fertitta’s 43-story Strip casino-resort project is officially underway, now that construction crews have begun clearing the 6-acre plot in preparation for the new building. This comes just weeks after the billionaire also acquired a sizable chunk of his would-be competitor Wynn Resorts Ltd.

Century Set to Acquire Sparks Nugget, with Minimal Renovations

According to co-CEO Peter Hoetzinger, Century Casinos will soon finalize its purchase of the Nugget Casino (l.) in Sparks, Nevada, which will become the company’s flagship property. Once the deal does go through, the company plans to hit the ground running, with minimal renovations.

Temporary Virginia Casino Beats Forecasts

The temporary Bristol Casino (l.) in Virginia, the future home of Hard Rock Bristol, is on track to generate more than $171 million in net revenue in its first year, compared to a legislative study that predicted net gaming revenue of $130 million.

West Virginia Could Be Last Greyhound Racing State

Next year, West Virginia will be the only state offering greyhound racing. Opponents of the sport said revenue and attendance are down, and they hope newly elected lawmakers will eliminate it. But supporters said the industry continues to thrive.

Illinois City Creating Casino TIF District

Officials in Aurora, Illinois have begun working on creating a micro- tax increment financing district for the new $360 million Hollywood Casino (l.). The venue is moving from its current downtown location to a site in the northeast side of the city.

TRIBAL GAMING More

Buu Nygren Elected Navajo Nation President

Nygren (l.) defeated the incumbent Jonathan Nez on election day to take over the Navajo Nation. Nygren also made history by having a woman, Richelle Montoya, as his running mate.

Shoshone-Bannock Tribe Casino Project Up in the Air

A proposed casino by the Shoshone-Bannock Tribe in Idaho is facing several hurdles, including a competing project and resistance by its own people. The tribe operates the Shoshone Rose Casino on its reservation.

PEOPLE More

Sally Denby Named CFO at Aristocrat

Sally Denby has been named chief financial officer at Aristocrat, after nearly a decade with the company. Denby had been serving as deputy chief financial officer since February.

Star Adds Page, Thornton to New-Look Board of Directors

Star Entertainment has appointed two new board members, Deborah Page AM and Toni Thornton, as the company looks to get back in the good graces of regulators across the country. Both have extensive experience in corporate finance.

Beau Rivage Casino Promotes Pelaez

Beau Rivage Resort & Casino in Biloxi, Mississippi has announced the promotion of Kimberly Pelaez (l.) to vice president of human resources. Pelaez has been with the resort in various capacities since 1999.

GOODS & SERVICES More

Comtrade Partners with Arcadem

Comtrade Gaming will supply its RGS (remote game server, gCore technology) to Arcadem to introduce Arcadem game content to online sites.

HungryBear, L&W Ink Distribution Deal

U.K. content supplier HungryBear Gaming has agreed to a global deal with a subsidiary of Light & Wonder Inc. The deal will distribute HungryBear’s multiplayer Slot Masters titles across L&W’s widespread operator network.

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