Gaming veteran Richard Schuetz (l.) delivers a reality check with respect to problem gambling in a piece that recalls his first experience with problem gamblers. He suggests the gaming...
David the Hat
A new sports betting show is about to debut on ESPN, a dramatic reversal of that network’s previous views on gambling. But gaming veteran Richard Schuetz (l.) recalls when...
The Manel
Too often, when attending conferences, the seminar panels consist entirely of men, and should be renamed “manels.” While there certainly are exceptions, it is a disturbing trend that is...
Risk Management for Sports Wagering in a Casino Environment
Casinos don’t carry insurance policies on the money wagered so they must manage the risk themselves. When you throw sports betting into the mix, it gets complicated. Former casino...
The ‘R’ Word
The Washington Redskins organizations has been deluged with pleas to change its name because of its perceived racial slur. Current management has resisted that change. Why should it matter...
Integrity in Gaming Education
The legalization of sports betting has exposed the lack of understanding that most operators and more importantly, educators, have about the issue. And there are so-called “experts” that have...
The Importance of a Bad Example
Pennsylvania has chosen to ignore the proven taxation and regulation of online gaming and sports betting, installing fees and tax rates that—almost—scared off potential participants. Author Richard Schuetz (l.)...
Caesars Entertainment and the Notorious RBG
By appointing the first woman to their board Caesars Entertainment is joining progressive gaming companies who have finally woken up to the distaff sex. Richard Schuetz explains why this...
90-Day Wonders
Suddenly there are dozens of experts in the world of sports wagering who have never taken a bet in their life. While they opine eloquently on the subject, they...
The True Meaning of Labor Day
Unlike May Day in many countries where workers are recognized for the power they hold, Labor Day in the United States honors workers for the services they perform that...
Caught Sleeping: Kicking Butt and Taking Names
The first mobile sports betting application in New Jersey was introduced last week by DraftKings. What happened to the major gaming suppliers? Richard Schuetz explains why a nimble tech-savvy...
You’re Busted: eSports—The Sequel
When the daily fantasy sports industry crashed and burned, it was largely a result of its uncertain legal status. Could the same thing happen with eSports, particularly with the...
We Find these Truths to be Self-Evident
Crime and punishment are not always applied equally. The Nevada Gaming Commission made two decisions earlier this year that make one wonder whose side are they really on. Former...
A Nice Start
Nevada Governor Sandoval last week named Becky Harris as the first chairwoman of the state Gaming Control Board. Harris is only the second woman to sit on the board...
The Scourge of Golf Betting
The logic for legalizing iPoker, DFS and sports betting is that the activities are already happening so why not tax and regulate them? Good point, but what happens when...
WEEKLY FEATURE: A New Day for Caesars
The roots of Caesars Entertainment are proud and resilient. Recent history has been somewhat spotting, and the reformed Caesars Entertainment following the bankruptcy isn’t changing things very much. Richard...
Gambling and Risk Management In the Age of Trump & Twitter
Having a political opinion is usually accepted and condoned in the United States no matter what your perspective. But what happens if your political opinion may conflict with your...
One Is The Loneliest Number
The mystical power of the number one in the gaming industry is only surmounted by the impossibility of the number zero. Yet for many gaming companies, there are only...
Giving New Meaning to the Concept of the Gold Standard
The future of gaming in Nevada is apparently not much different from the past. While the industry is exploring the possibilities of eSports and daily fantasy sports, the “good...
An Interesting Eight Months in California
Former California Gaming Commission member Richard Schuetz (l.) has observed the last few months since his departure (he’s now the executive director of the Bermuda Casino Gaming Commission) and...