Richard Schuetz, Author at GGB News

Author: Richard Schuetz

Richard Schuetz started dealing blackjack for Bill Harrah 47 years ago, and has traveled the world as a casino executive, educator and regulator. He is sincerely appreciative of the help he received from his friends and colleagues throughout the gaming world in developing this article, understanding that any and all errors are his own.

The Calculus of Re-Opening

Everything is a calculation in business, but reopening after the Covid-19 shutdowns has a risk assessment that includes deaths and infections. How much is too much? Gaming expert Richard...

Published June 8, 2020

Sports Wagering: A Vector of Death in New Jersey

Could the Covid-19 infection have been crossing from New York to New Jersey with border-crossing sports bettors? Is it still occurring? Gaming industry executive Richard Schuetz (l.) looks at...

Published April 20, 2020

Please Be Nice to Sheldon

Sheldon Adelson (l.) sometimes gets some bad press but when you examine his influence, it may just be a blip. Longtime gaming observer Richard Schuetz suggests that Nevada residents...

Published April 13, 2020

Data! Data! Data! And the Cost of Flying Blind

As the coronavirus pandemic grinds on, thought are naturally on when can we open again. But each state needs to evaluate the data surrounding those decisions and how workers...

Published April 6, 2020

Sold Out

Closing casinos down was the correct call, for not only the customers who would be at risk, but also employees, who would be at even greater risk.

Published March 30, 2020

Bad Regulations Can Leave a Scar

A ridiculous requirement that applicants for gaming licenses must report all “scars” on their bodies to the regulatory authority is a great metaphor for the scars that encircle bad...

Published March 16, 2020

A Problem with Gaming Regulatory Agencies

Noted gaming industry veteran Richard Schuetz (l.), who has held positions as an operator, supplier and regulator, believes the state of gaming regulation is pitiful. He cites his own...

Published March 9, 2020

Give Us A Night & Give Us A Day

Responsible gaming is a priority for every major gaming company these days. Every company has a corporate-level executive responsible for ensuring their organization has a progressive and positive approach...

Published March 3, 2020

Hawaiian Gardens, California: The Money Laundering Capital of the World

In the ongoing saga of card-room corruption in California, one facility stands head and shoulders above the rest: Hawaiian Gardens Casino (l.), located in the town with the same...

Published January 27, 2020

The California Legislature: A Parliament of Whores

The long and winding road of California card rooms must stop with Robert Lytle, a regulator who approved radical changes to card room procedures, and then was booted from...

Published January 20, 2020

Tired of Wynning Yet?

The insistence of Nevada regulators to further punish Steve Wynn could cost the state millions and damage the reputation of the state agencies as the decision to hold him...

Published January 13, 2020

The Boys’ Club

Proposed regulations to codify sexual harassment and workplace discrimination in Nevada don’t go far enough, says former gaming regulator Richard Schuetz (l.). He claims the proposed regulations have been...

Published December 9, 2019

The Myth of Chris Christie

The deification of former New Jersey Governor Chris Christie is under way in the sports betting world. But industry observer Richard Schuetz isn’t a fan. He explains how Christie...

Published November 4, 2019

A No-Wynn Situation

The proposed action of the Nevada Gaming Control Board to ban Steve Wynn (l.) from the state’s gaming industry is misguided and foolish, according to author Richard Schuetz. It...

Published October 28, 2019

Rosa Parks Would Not Stand for a Manel

Are civil rights and women’s rights connected? Undoubtedly says gaming industry veteran Richard Schuetz. Just reflect on the history of Rosa Parks (l.) during the civil rights struggle and...

Published September 30, 2019

Why It Matters

Diversity isn’t just a platitude to be trotted out at employees rallies or shareholder meetings, says casino veteran Richard Schuetz. He points to the difficult road traveled by civil...

Published August 5, 2019

The Weather

There has been lots of news lately on the new “diversity” of boards of directors and C-suite executives. But how much has really changed? Longtime gaming executive Richard Schuetz...

Published July 8, 2019

Las Vegas, Its Dancers and Opiates

Sometimes a problem can be right before your eyes and you don’t see it. That may have been the case with the opiate epidemic. Gaming veteran Richard Schuetz recounts...

Published May 20, 2019

The DNA of Atlantic City

Marketing in the Atlantic City casino industry has always been super-competitive. That hasn’t changed today but gaming veteran Richard Schuetz (l.) explains some of the history behind today’s cutthroat...

Published May 6, 2019

Phoning It In

Does the profitability and success of mobile sports betting have a darker side? Gaming expert Richard Schuetz believes the industry needs to pay attention to the availability of betting...

Published April 22, 2019