
Archive: Vol-18-No-32-august-17-2020







How’d They Do That? Ohio Casinos Break July Records
Ohio’s four casinos collectively broke records for gaming revenue in the month of July, despite the impact of Covid-19—or because of the virus’ impact on other entertainment options. Hollywood Casino Toledo (l.) has a record month. But now that Detroit’s casinos are open, the revenue picture may change.






Any Takers for Pennsylvania’s Next Mini-Casino License?
Hurting for revenues in the Covid age, Pennsylvania lawmakers will be peddling yet another mini-casino license—the proposed Penn National Hollywood Casino in Morgantown at left—next month. A new report from GGH Morowitz says there may yet be opportunity in the Keystone State—but only for the strategic, prudent investor.






A Failure of Regulation: Women’s Progress Stymied
A century after women won the right to vote in the U.S., the advancement of women in the gaming industry is still not where it should be according to gaming observer Richard Schuetz (l.). Why? He points the finger at regulators.











For Macau, Light at the End of the Tunnel
Analysts are looking for gaming revenues to come back strong now that the Chinese government will again issue tourist visas for individual travel to the casino hub. The program, which is already back in neighboring Zhuhai, will be expanded to all of Guangdong province—up to 70 percent of the Macau market—later this month and will go nationwide in September.
Featured Stories More
WEEKLY FEATURE: Internet Giant IAC Buys Big Stake in MGM
How much potential does online media mogul Barry Diller (l.) see in online gaming? About $1 billion worth. That’s how much he ponied up for 12 percent of MGM Resorts International and a seat on the board of directors.





Eldorado, Caesars Deal Promises Uptick in AC
The acquisition of Caesars Entertainment by Eldorado Resorts Inc. has created the largest casino company in the U.S. The deal also brings three casino resorts under the new Caesars brand in Atlantic City, plus one under a new owner. The dealmaking could be a boon for the local landscape.
IRS Targets DFS
In a new ruling the Internal Revenue Service has said that daily fantasy sports should be subject to the same regulations as sports betting, which means that compines participating in DFS such as DraftKings and FanDuel will have to pay the same 0.25 percent excise tax as sports betting companies do.
Genting: Singapore Expansion on Hold
Genting Singapore has confirmed that a planned US$3.3 billion expansion of Resorts World Sentosa will be delayed and possibly redesigned due to the far-reaching impact on supply chains of Covid-19.
British Casinos Finally Reopen
After a four month absence, British casinos were finally permitted to reopen on August 15. Betting and Gaming Council (BGC) leader Michael Dugher (l.) called the move “welcome relief” for 12,000 casino workers nationwide.
Gambling Soon to Be Legal in Ukraine
Ukrainian President Volodymyr Zelensky (l.) has signed off on a bill to create a regulated gaming industry. Legal gaming was a key campaign issue for Zelensky, whose SoP Party won control of the government last summer.





Sports Books Lose Big as Big Ten, Pac-12 Cancel Seasons
The Big Ten and Pac-12 conferences called it quits for the 2020 sports season, blaming Covid-19. The impact on sports betting will be palpable in sportsbooks all over the country. William Hill US CEO Joe Asher (l.) says the short-term impact will be bad.





Gaming Law Education Advances in Pennsylvania With New Classes At Widener
Widener University Commonweal Law School has expanded its gaming law curriculum with a class offered by Adjunct Professor Susan Hensel (l.), director of licensing for the Pennsylvania Gaming Control Board.
IPI Not Charged in U.S. Investigation
Imperial Pacific International, operator of the only casino resort on the Pacific island of Saipan, said it is not part of a U.S. investigation into racketeering, money laundering and more.
G2E Asia Canceled
Once postponed, G2E Asia has now been canceled for 2020. In addition, the first satellite show of G2E Asia to be held in Manila was also canceled. Both will be held in 2021 in May and November respectively.
AGA: Commercial Casino Revenue Down by almost 80 percent
In a new revenue tracker released last week, the American Gaming Association revealed that gross gaming revenue from U.S. commercial casinos plunged almost 80 percent in the second quarter.
FANTINI’S FINANCE: The Bull Within The Bear
Is there a silver lining to the Covid-19 economic meltdown? Gaming stocks have tumbled but some companies are doing better than expected. How can the investor profit?
GLOBAL GAMING BUSINESS PODCAST: Terry Glebocki, CEO, Ocean Casino Resort
This week, the GGB talks with Terry Glebocki, the CEO of Ocean Casino Resort in Atlantic City on how the city’s casinos endured the lockdown and how they’ve been doing since reopening in early July.
ASIAN GAMING More
South Korean Casino on Track to Open in Fall
The Jeju Dream Tower, now in development on Jeju Island in South Korea, is scheduled to open in October 2020. The new resort will include a foreigners-only casino.
Japan’s Universal: Returns Up in First Half
Japanese gaming company Universal Entertainment Corp., which operates Okada Manila in the Philippines’ Entertainment City, saw an almost 25 percent increase in net sales for the first half of 2020, driven by its pachinko and pachislot business.
EUROPEAN GAMING More
GVC: German Regulations Will Drive Bettors to Black Market
Martin Lycka, GVC Holdings’ director of regulatory affairs, says revised German gaming regulations will send more bettors on the hunt for black market bookies.
Gamesys Results Positive in Europe
Gamesys Group has showed positive results across European markets, with especially strong online growth.
GLOBAL GAMING More
Century Casinos Sells Calgary Property
Colorado-based Century Casinos has sold Century Casino Calgary to 2267166 Alberta Ltd. for $7.5 million. The deal is expected to be finalized later this year.
Colombian Casinos OK’d to Reopen
The Colombian government has approved a plan to let gaming venues reopen under the usual safety restrictions, including socially distanced gaming floors and physical barriers between players. Fecoljuegos President Evert Montero Cárdenas (l.) said casinos and bingo halls “are committed to the health and well-being of Colombians.”
Auckland, New Zealand Snapped Shut Again
The government of Auckland, New Zealand closed down businesses including casinos for three days due to a rash of new Covid-19 infections. Just a day before, the country had marked 100 days without a new case.
After Four Months, Australia’s Casino Canberra Reopens
Aquis Entertainment Group reopened its Casino Canberra property in the Australian Capital Territory on Monday, August 10, more than four months after it closed its doors in March.
ONLINE GAMING More
Cordish Launches PA Online Casino
Cordish Companies’ Live! Casino division is launching its online casino brand, Play Live!, in Pennsylvania before its two brick-and-mortar casinos are open.
Everi Expands iGaming Deal with PA’s Parx
Everi Digital has expanded its relationship with Parx Casino’s online gaming, adding more player-preferred slot content for online casinos in Pennsylvania and New Jersey.
Twin River Signs iGaming Deal in AC
Twin River of Rhode Island has signed a deal with sportsbook PointsBet to provide online gaming through Bally’s Atlantic City.
PA’s Wind Creek Launches Pala Interactive iGaming Platform
Wind Creek Hospitality announced the launch of its online gaming platform in Pennsylvania, and the addition of Pala content to its existing social casino platform.
Booongo, Rush Street Partner for Colombian Market
Online slot developer Booongo has signed an agreement to provide iGaming content to Rush Street Interactive for its online casino brand in the Colombian market.
SPORTS BETTING More
Virginia Issues Phase 2 Sports Betting Regulations
A second set of proposed sports betting regulations has been issued by the Virginia Lottery, including rules for operations, internal controls and enforcement. The regulations must be approved by September 15. The first licensed operator could take wagers before the end of the year.
D.C. Sports Betting Starts Slow
Supporters expected big things of sports betting in the District of Columbia. But two months after wagers began, mobile sports betting has produced just $1.2 million in handle.
New Hampshire Sportsbook Opens
New Hampshire’s first retail sportsbook has opened. The operation, managed by DraftKings, is located at the Brook at Seabrook, owned by Eureka Casino Resorts.
UNITED STATES GAMING More
Vegas Visitation Down 70 Percent in June
Midweek occupancy remains in the doldrums absent the convention trade for which Las Vegas became famous. All in all, though, compared to April and May’s near-zero visitation, the first month of the gaming industry’s reopening looked pretty good.
Study: PA Shutdown Cost $424 Million in Lost Taxes
An analysis by the Allegheny Institute found that the shutdown of Pennsylvania casinos cost the state $424 million in taxes. The study, co-authored by Institute Executive Director Frank Gamrat (l.) said first-half revenues “didn’t cover a quarter of estimated losses from slot and table games.”
Penn National Chief Optimistic on Regional Markets
Penn National Gaming CEO Jay Snowden (l.) said regional casino markets are seeing encouraging trends, despite the losses due to Covid-19 shutdowns.
Caesars Kicks Off Virginia Referendum Push
Caesars Entertainment has launched the Caesars for Danville campaign to encourage voters in the Virginia town to support the company's proposed $400 million casino resort at a former industrial site. The project, if approved, would provide 900 construction jobs and 1,300 permanent jobs.
Century Casinos Reports Positive Cash Flow
Century Casinos Co-CEO Peter Hoetzinger said the company's casinos in Cape Girardeau and Caruthersville, Missouri have seen "record-breaking" results, despite temporary Covid-19 closures.
Iowa Casino Revenue Off 4 Percent
According to the Iowa Racing and Gaming Commission, the state’s 19 commercial casinos reported adjusted gross revenue in July of $120.4 million, about 4 percent less than in 2019. One-third fewer people visited. Commission spokesman Wes Ehrecke (l.) said, “We’re inching our way back.”
Strange But True: Mississippi Casino Posts Best Month In History
You read that right: the Silver Slipper Casino Hotel in Bay St. Louis, Mississippi posted the best month in its 14-year history in June, said Dan Lee, CEO of Full House Resorts. With only half of the venue's slots in operation, revenue soared by 28 percent.
Ohio Casinos Set July Records
Ohio's four casinos posted a record $86 million in revenue for July, according to the Ohio Casino Control Commission. The closure of Detroit's three casinos, which recently reopened, contributed to the record revenue. On top was the Hollywood Casino in Toledo.
Arkansas Group Ends Push for Casino Referendum
Arkansas voters won’t have the chance to approve 16 more casinos in the state. Arkansas Wins in 2020, the committee behind the proposal, asked the state Supreme Court to dismiss its challenge against Secretary of State John Thurston's (l.) rejection of the ballot issue.
Rhode Island Town Sees Casino Money Again
The casino well ran dry for Tiverton, Rhode Island after the Twin River Tiverton Casino Hotel (l.) was closed by the pandemic. The casino has reopened, and a trickle of payments has resumed.
Massachusetts Still Bans Roulette, Craps at Casinos
At the August 13 meeting of the Massachusetts Gaming Commission the panel turned down the request of the Encore Boston Harbor and MGM Springfield that they be allowed to reintroduce roulette and craps. The commissioners said now is not the time.
A.C. Workers Say Casino Safety Is Lax
An Atlantic City union his calling on New Jersey Governor Phil Murphy to insist casinos follow Covid safety protocols. The union led by Bob McDevitt (l.) says five casinos have failed to take the temperature of all visitors as they enter, and some rooms were not cleaned appropriately.
West Virginia Dogracing Could End
A bill introduced in the U.S. Congress could put an end to greyhound racing at West Virginia's Mardi Gras and Wheeling Island tracks, owned by Delaware North. The bill would amend the Wire Act to ban gambling on commercial dog races.
Horse Racing Enjoys Banner Year
Across the U.S., horse racing has seen a surge despite the impact of the Covid-19 pandemic. The future holds promise for continued success even as major sports come onboard after months of lockdowns.
Wynn Resorts Discloses Covid-19 Test Results
Wynn Resorts is the only major U.S. operator so far to report the number of employees, roughly 300, who have tested positive for Covid-19. Will Wynn’s example induce other companies to open up? Others have refused citing privacy restrictions.
Problem Gaming On the Rise In Kentucky
The Kentucky Council on Problem Gambling's helpline answered more calls in June and July because more people were and searching for distractions, said KCPG Executive Director Mike Stone. He noted those most at risk are people with existing gambling problems.
TRIBAL GAMING More
California Governor Signs Six Gaming Compacts
Governor Gavin Newsom (l.) of California has signed six tribal state gaming compacts and sent them to the legislature for ratification. Newsom also concurred with a recent Interior Department ruling that allows the Tule River Indian tribe to put 40 acres into trust for a relocated casino.
Kansas Sues Interior Over Wyandotte Casino
The state of Kansas, Sumner County, the city of Mulvane and two Indian tribes have sued the U.S. Department of the Interior in an effort to block the Wyandotte Nation of Oklahoma from building a casino in Park City. Interior in May reversed an earlier decision blocking the casino.
Stitt Attorneys Request Rehearing on Compact Issue
Attorneys for Oklahoma Governor Kevin Stitt (l.) have asked the state Supreme Court to rehear its July 21 decision, ruling Stitt's compacts with the Comanche Nation and Otoe-Missouria Tribe were invalid since they included house-banked card games and sports betting.
Interior Appeals Massachusetts Ruling
The U.S. Department of Interior has appealed the reversal of its ruling to remove land put in trust for the Mashpee Wampanoag Tribe of Massachusetts. Tribal Chairman Cedric Cromwell (l.) called the action “consistent with this administration’s constant failure to acknowledge or address the history of injustice against our tribe and all Native Americans.”
Choctaw Casinos Reopen in Mississippi
Casinos at the Mississippi Band of Choctaw Indians' Pearl River Resort in Philadelphia, Mississippi are reopening in phases. New health and safety protocols have been implemented
North Dakota Tribes Cope With Covid-19 Spikes
The Spirit Lake Nation and other tribes in northeastern North Dakota closed their casinos in March due to Covid-19. July 4 celebrations caused a spike in infections, and now the tribes may close the casinos again.
NCPG Recognizes Hard Rock, Seminole Gaming
Hard Rock International and Seminole Gaming has won the Corporate Social Responsibility Award of the National Council of Problem Gambling for their PlayersEdge employee training program.
LOTTERY More
Arkansas Lottery Posts Record July Sales
The Arkansas Scholarship Lottery posted record sales for July, up $8.5 million to $49.7 million. Fiscal 2020 revenue set a new record of $53, beating the previous record of $516.2 million in fiscal 2019. Of that, the scholarship fund got $89.4 million, the sixth-highest total in lottery history.
Scientific Games, InComm Enable In-Lane Lottery Sales
Las Vegas-based Scientific Games has partnered with Atlantic-based InComm to enable shoppers to buy lottery tickets in the checkout lane. It includes such popular games as Powerball and Mega Millions.
PEOPLE More
Grant Bowie Quits MGM China Board
Two months after resigning as CEO of MGM China, Grant Bowie (l.) completed his exit from the Macau gaming operator he led since 2008. Replacing him as a non-executive director is Ayesha Khanna Molino, senior vice president of government affairs for parent MGM Resorts International.
MGE Adds to Leadership Team
Mohegan Gaming & Entertainment has added David Martinelli and Judy Newman-Locke to its executive team. Martinelli will be chief marketing officer and Newman-Locke as vice president of Human Resources Management.
FSB Names Glenn Elliott COO
U.K. online tech company FSB has named Glenn Elliott Chief as its new chief operating officer. Elliott was formerly with OpenBet.
GOODS & SERVICES More
Crown Sydney Selects IGT Advantage System
The new Crown Sydney Hotel Resort has select the IGT Advantage casino management system, citing the system’s “inherent flexibility and proven efficiency.”
AGS Q2 Results Better Than Expected, Despite Loss
AGS has reported a net loss of $42.6 million, but the company beat revenue estimates as its CEO reported potential positive results to come as the industry recovers.
TCSJohnHuxley’s Qorex Solutions Approved in Ontario
The Alcohol and Gaming Commission of Ontario has approved TCSJohnHuxley’s Qorex electronic gaming solutions, which present table games in an electronic multi-game machine.
Konami Logs Second-Quarter Loss
Konami Holdings Corp. reported a loss of JPY925 million for the second quarter for its gaming and systems divisions, citing worldwide casino shutdowns due to the Covid-19 crisis.
Michigan Casino Hires Red Square
The Gun Lake Tribe selected Red Square as agency of record for its Gun Lake Casino in Wayland, Michigan. Chicago-based Red Square will help the casino with brand and promotional advertising, strategic planning over media and digital platforms and promote new amenities in the casino's $100 million expansion.
NASCAR, BetMGM Strike Betting Deal
NASCAR and BetMGM have agreed to a betting and promotion partnership to help both groups.
FeedConstruct, VBET Armenia Premier League Strike Deal
FeedConstruct reached a deal to provide media coverage of the VBET Armenia Premier League.
TRADE SHOWS & CONFERENCES More
ASEAN Gaming Summit Postponed to 2021
The 2020 edition of the ASEAN Gaming Summit has been cancelled, with the next gathering scheduled for the second half of 2021, according to show organizer Asia Gaming Brief.
NUTSHELL More
NEWS & NOTES
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