
Archive: Vol-19-No-14-April-21-2021






Black is Black
Richard Schuetz believes the black market is the gift that keeps on giving. Why? Because no matter how you slice it, there is little hope of dismantling illegal offshore betting no matter how hard you try.





Foxwoods’ First Native CEO: Appointment ‘Means Everything’
In March, Jason Guyot (l.), a veteran of Foxwoods Resort Casino, made history, becoming the resort’s first-ever Pequot chief executive. Guyot had filled the role on an interim basis for more than a year.





Mobile Sports Betting Coming to New York
It’s short on details, but a deal has been finally reached between New York legislators and Governor Andrew Cuomo (l.) to bid out two sports betting licenses and select the winners by the end of the year. But the deal has many hurdles to overcome and lots of criticism.
Featured Stories More
WEEKLY FEATURE : MotorCity Comes to Atlantic City
The Ilitch family, owners of the MotorCity Casino Hotel, the Detroit Tigers and the Detroit Red Wings, has Atlantic City on their radar. The family agreed to buy as much as 50 percent of Ocean Casino Resort (l.).
Macau’s Casinos Finish Strong in March
Macau gaming revenue topped US$1 billion in March. It was a 58 percent improvement over March 2020 and the second straight month of year-on-year increases.
Crown On the Road to NSW License
Australia’s Crown Resorts, battered by revelations that it tolerated money laundering and operated in a culture of noncompliance, could recover sufficiently to win a gaming license for its Barangaroo casino (l.) in Sydney, New South Wales this year.
Manhattan Casino Plan In N.Y. State Budget
New York’s 2021-22 spending plan calls for a community advisory board to consider locations for New York City casino. Most city leaders remain dead-set against the idea.
Maryland Senate Considering Unlimited Sports Betting
Amendments to sports betting enactment legislation in the Maryland Senate would open sport betting licenses to an unlimited number of retail and online businesses.
Brazilian President Supports Casino Legalization
Brazil’s President Jair Bolsonaro (l.) supports a bill introduced by Senator Ciro Nogueira to allow casinos to reopen. It has been a misdemeanor to operate casinos for 80 years. Brazil’s hotels support the change.
Osaka RFP Attracts No New Bidders
Osaka, Japan reopened its RFP process in hopes of luring new developers to build an integrated resort there. It didn’t work; the partnership of MGM Resorts and Orix Corp. stand alone as bidders in the region.
Cannae Holdings Invests in Sightline Payments
Cannae Holdings, Inc. announced a $32 million investment in fintech company Sightline Payments, fulfilling a commitment totaling $100 million in funding. Cannae Chairman Bill Foley (l.) says the company’s Play+ system is a game-changer.
Alabama Lottery Bill Dead For Now
Alabama state Senator Jim McClendon (l.) has pulled his lottery legislation, knowing it wouldn’t get enough votes to pass. Senators could revisit the bill later on.
U.K. Gambling Commission Unveils Three Year Plan
The Gambling Commission in the U.K. has released its three-year strategy plan, along with a business plan for coming 12 months. The plan focuses on problem gambling, crime, regulations, among others.
Mohegan Sun Signs Three-Year Deal with Miss America Organization
The Mohegan Sun Casino in Connecticut last week agreed to a partnership to host the milestone Miss America 2021 Pageant for the next three years. The event, which will be held in December, will be the 100th anniversary of the pageant which started in Atlantic City.
GLOBAL GAMING BUSINESS PODCAST: Jonathan Jossel, CEO, Plaza Casino Hotel
This week, the GGB Podcast sits down with Jonathan Jossel, the chief executive officer of the Plaza Hotel Casino in Downtown Las Vegas on the 50th anniversary of the legendary property and its role in the Vegas market.
ASIAN GAMING More
Korean Tourism Fell to a Trickle in February
Tourism to South Korea fell 90.4 percent year-on-year in February with few travelers coming through Incheon Airport (l.). There were massive declines in visitation from China and Japan, the nation’s largest tourism markets. Casinos in the country took a heavy hit.
Japan Casinos Won’t Offer Pachinko or Roulette
Japan casino regulators have announced the nine types of casino games that will be permitted inside the nation’s casinos. Traditional games like pachinko, pachislot and mahjong aren’t on the list, but Sic Bo (l.) is.
Sri Lanka Moves Forward on Billion Dollar Development
Sri Lanka's Economic Commission will regulate gaming activities and license procedures in light of a $1.4 billion project (l.) by the state-owned Chinese engineering firm.
Casino Workers’ Group Enters Macau Legislative Race
The Macau Power of Gaming Association, representing employees at various casinos in the territory, has gathered the required signatures and will campaign for a seat in September’s Legislative Assembly elections.
EUROPEAN GAMING More
Kindred Group Closes on Belgian Casino
The acquisition of Casino Blankenberge (l.) by Kindred Group has closed. Kindred bought the Belgium casino for £25 million from the Rank Group. The company will retain the management team.
U.K. Self-Exclusion Numbers Growing
As a result of an increase in online gambling, GamStop reported an increase in new additions to the self-exclusion list. The company credited the increase to an online betting increase in November and December.
GLOBAL GAMING More
Great Canadian Purchase by U.S. Fund Moves Forward
Various Canadian regulatory agencies have approved of the purchase of Great Canadian Gaming Corp. by the U.S.-based Apollo Global Management Inc. Shareholders have approved of the $45 per share buyout.
ONLINE GAMING More
Netherlands Breaks Into iGaming
The Netherlands has for years been an untapped market for online gaming. That changed April 1 when the Netherlands Gambling Authority began accepted license applications. The market is expected to launch October 1.
North Dakota Senate Unanimously Rejects Online Poker
When a North Dakota Senate committee voted 7-0 to send an online poker bill to the full floor with a “Do Not Pass” recommendation, senators took it seriously and rejected the measure in a 47-0 vote.
SPORTS BETTING More
Illinois Ends Online Sports Betting Registration
Online sports-betting registration ended at midnight on April 10 in Illinois. In-person registration was part of the 2019 sports wagering legislation but Governor J.B. Pritzker suspended it when casinos closed for Covid-19.
Sale of Will Hill to Caesars On Hold
Completion of the sale of William Hill to Caesars will have to wait after two investors objected. Hill and other operators did better than expected in 2020 but face uncertainty from U.K. update of the 2005 Gambling Act.
Kansas Sports Betting Bill Stalls
Efforts to approve sports betting in Kansas stalled when the House said no deal. The two chambers had differing versions, but each version had its opponents. Whether it can be revived this year remains to be seen.
Maine Lawmakers Mull Sports Betting
A bill has been introduced in the Maine Senate to legalize and regulate sports betting. Senator Louis Luchini’s (l.) bill would allow racetracks, OTB venues, casino operators and Indian tribes to operate sportsbooks.
Wyoming Sports Betting to Launch September 2021
The state of Wyoming has legalized sports betting. It became the second state this year to do so when Governor Mark Gordon (l.) signed it into law on April 5. It was Rep. Tom Walters’s second attempt to pass such a bill.
House Bill Would End Excise Tax on Sports Betting
A bill filed in the U.S. House of Representatives by Nevada Congresswoman Dina Titus (l.) seeks to end the 1950s era federal excise tax on sports wagers. The law was originally enacted in an effort to battle illegal gambling. Sponsors say it’s now outdated.
Genius Sports Named Exclusive NFL Data Distributor
The National Football League has named London-based Genius Sports Group as the exclusive distributor of play-by-play, betting and stats data to sportsbooks.
Delaware Sports Betting Revenue Up
Delaware’s sports betting operations, including the sports book at Dover Downs (l., earned $966,752 in revenue for March, a 40.9 percent increase over March 2020, although handle decreased for the month.
Spanish Gaming Regs Could Harm Sports Betting
Spain’s new regulations pertaining to gaming, especially sports betting, could harm both the gaming industry and some sports clubs themselves, say opponents. The government is specifically targeting advertising.
Endeavor Group Plans UFC Public Offering
Endeavor Group Holdings plans to take UFC public, according to an SEC filing. The company also hopes to buy the 49.9 percent share of the mixed martial arts firm it doesn’t own.
Betfred Sports Waits for Nevada License
Betfred has established operations in the U.S. in Colorado, Iowa and Pennsylvania. The U.K.-based company has applied for a Nevada license. While waiting, the company built its sportsbook as a calling card.
Fox Sues Flutter Over FanDuel
Fox Corp. has filed a lawsuit against Flutter over the former’s purchase of 18.6 percent of an 18.6 percent share of FanDuel. The issue revolves around the fair market value on FanDuel; Fox sees it as lower than Flutter does.
Dave & Buster’s to Add Sportsbooks
The Dave & Buster’s chain of sports and entertainment-themed restaurants plans to add sports betting where authorized as part of its bid to recover from the Covid-19 pandemic.
Is MaximBet Coming to New Jersey?
The Carousel Group, a late-bloomer in the sports betting business, has partnered with the owners of Maxim, the magazine for MaximBet. The two companies think the combo will appeal to the target audience of bettors.
Las Vegas’ Circa Resort Partners with Padres
Circa Resort & Casino, which opened in October, has formed its first partnership. It will be an official sponsor of the ninth inning for the Padres Baseball club of Major League Baseball.
UNITED STATES GAMING More
Richmond’s Three Competitors Make Their Case
The three finalists for Richmond, Virginia’s gaming license—Bally’s project rendering at left—presented their proposals to residents in virtual meetings. A committee will select the operator and voters will have final approval in November.
Lightfoot Considering Some Chicago Casino Sites
Chicago Mayor Lori Lightfoot (l.) says she has some ideas about where to locate the city’s sole casino. Proposals will be accepted later this month for the casino resort that’s expected to open by 2025.
Nevada Ties Casino Capacity Limits to Employee Vaccinations
The Nevada Gaming Control Board Chairman Brin Gibson (l.) says more casino workers need to be inoculated against the Covid virus, and he won’t relax the current 50 percent capacity restriction on casinos until they are.
PA Mini-Casino Wins Key Approval
Officials of Pennsylvania’s Shippensburg Township unanimously approved the plan of Greenwood Gaming and Entertainment to develop a Parx-branded mini-casino (l.).
Maryland Casinos Log Record March
Maryland’s six casinos recorded the largest single-month revenue in the industry’s history in March, recording a combined $169.2 million and topping the previous record.
WSOP to Return In-Person Play for 2021
The World Series of Poker will return as a live, in-person event at the Rio (l.) in Las Vegas from September through November, with the No-Limit Main Event concluding November 23.
Kentucky Task Force Studies Increasing HHR Tax Rate
Historical horseracing was declared a legal gambling option by the Kentucky legislature late last year. Now a task force will research how to increase the tax rate on HHR without affecting its success.
Appeals Court Sides with Wynn
A federal appeals court has upheld a lower court decision to allow a defamation lawsuit filed by former casino mogul Steve Wynn against attorney Lisa Bloom to move forward.
Sparks, Nevada Casino Breaks Ground
A new casino development has broken ground in Nevada’s Reno-Sparks area. Legends Bay Casino (l.), expected to open in mid-2022, will be the first all-new casino in the vicinity since 1995 broke.
TRIBAL GAMING More
Massachusetts Tribe Rebuffed in Bingo Dispute
A federal court says Massachusetts’ Wampanoag Indian Tribe must obtain state and local building permits before going ahead with a planned bingo hall with machine games in the town of Aquinnah on Martha’s Vineyard.
Nebraska Racino Pledges ‘Good Neighbor’ Policy
Partners in the proposed $200 million WarHorse racino and hotel have promised city council members in Lincoln, Nebraska that they will be good neighbors, committed to reinvesting in the city.
Cherokees Approve Gaming Revenue Allocations
The Eastern Band of Cherokee Indians in North Carolina have approved a plan for allocating revenue it expects from Caesars Southern Indiana (l.), which the tribe purchased for $280 million last December.
Firekeepers Michigan Contributes $15.6 Million to State, Local Governments
The Nottawaseppi Huron Band of the Potawatomi, owners of FireKeepers Casino Hotel in Battle Creek, Michigan, just sent $15.6 million to the state and local governments as part of its revenue-sharing deal.
Navajos Ban Smoking At Two Casinos
Smoking is now prohibited at the Navajo Nation Gaming Enterprise’s two New Mexico casinos, including Fire Rock (l.), that reopened March 19 after Covid-19 closures. Public health officials hope the ban remains permanent.
Kiowa Tribe Gets Final Go-Ahead For Casino
Following approval of its land-trust application last December, the Kiowa Tribe in Hobart, Oklahoma may now act on its agreement with the city to develop the site of its future Kiowa Casino. Tribal Chairman Matthew Komalty (l.) says it will help a distressed area.
Tribe Breaks Ground on California Casino
A groundbreaking was held April 6 in Porterville, California for the relocated Eagle Mountain Casino (l.). The project, delayed for 20 years, includes a 250-room hotel and a casino on 40 acres.
LOTTERY More
North Carolina Lottery Awards $18 Billion
The North Carolina Education Lottery kicked off in 2006 and since then, players have won more than $18 billion in prizes, and statewide education has benefited from $8 billion.
SG Grows iLottery in Western Canada
Scientific Games has launched a new online iLottery subscription program it says will open the path to digital modernization for the Western Canada Lottery Corp.
Washington Lottery Warns Against Smartphone App
The Washington Lottery is warning customers that an app that just launched in the state by Lottery Now is not affiliated with the state lottery. The app, Mido Lotto, enables purchases of Mega Millions and Powerball.
PEOPLE More
Everi’s Kilburn to Retire; CEO Rumbolz Named Chairman
Everi Holdings has announced that Mike Kilburn will retire as the company’s chairman, to be replaced in the role by current CEO Mike Rumbolz (l.).
Gaming Arts Announces Key Executive Promotions
Gaming Arts has elevated company President Mike Dreitzer (l.) to chief executive officer and promoted Matt Heyerdahl from director of finance to chief financial officer.
Jamul Casino Names Grady CFO
Jamul Casino has promoted Theresa Grady (l.) to the role of chief financial officer. Grady has been with the California casino for four years and most recently served as director of finance.
Bailey Named VP, GM at Valley Forge
Valley Forge Casino announced last week that Ron Bailey has been named vice president and general manager of the Pennsylvania resort. Bailey comes to Valley Forge from Boyd Gaming, where he spent almost 10 years.
Boyd Leaves Tennessee Lottery
Danielle Boyd has resigned as VP of sports gaming at the Tennessee Education Lottery. No explanation was provided. Jennifer Roberts resigned from the same position in June 2020 after slightly more than six months.
Potawatomi Casino Names Schnering Interim Leader
Potawatomi Hotel & Casino veteran Sheryl Schnering has been named interim CEO/general manager at the property, replacing Rodney Ferguson who resigned. Schnering was CFO at the property for six years.
GAN Names Robert Shore VP of Investor Relations
GAN has named Robert Shore, a veteran casino industry corporate finance executive, as the company’s new vice president of investor relations and capital markets.
Does Bet365 CEO Make Too Much Money?
Denise Coates, one of the U.K.’s richest women, last year was paid a salary of £421 million and £48 million in dividends by the company she founded, Bet365. It’s calculated that Coates makes £1.2 million every day.
Whitbread Retires from NRM
Paul Whitbread (l.), founder of U.K.-based gaming software provider NRM, has announced his decision to retire. Whitbread passed his stake in the company to longtime partner Andrew Ludlow.
GLI Expands Customer Service Teams
GLI has promoted Candi Lopez to manager of client services, Cindy Nguyen to senior account executive, and Kelvin Ortega to account executive, along with other promotions and hires.
GOODS & SERVICES More
TransUnion to Enter U.S. Gaming Market
A company known to U.S. customers for its credit services will bring its gaming subsidiary to the stateside market. TransUnion Gaming Services LLC already has 12 years of experience in the U.K. and Europe.
Synergy Blue Debuts Interactive Game, Area 50 Fun
Synergy Blue, provider of interactive, arcade-style casino gaming experiences, has introduced a new addition to its library: Area 50 Fun, housed on the new 2600 XL cabinet.
JCM to Supply Mohegan Sun Las Vegas
Mohegan Sun Casino at Virgin Hotels Las Vegas will deploy technology from JCM Global including the iVIZION bill validator, GEN5 thermal printer and ICB Intelligent Cash Box system.
US Thrillrides Present Unicoaster Roulette
Florida-based US Thrillrides is now taking orders for its unique amusement park ride, Unicoaster Roulette, “the game you can ride.” The one-of-a-kind attraction resembles a giant roulette wheel.
DraftKings Finalizes BlueRibbon Acquisition
DraftKings has completed the acquisition of jackpot and gamification business BlueRibbon Software, which the company says will improve customer service for its players.
AGEM Index Up in March
The AGEM Index rose by 1.6 percent in March to 64.13 points, led by a significant jump in the share price of Australian slot manufacturer Aristocrat Leisure Limited.
Allied Esports Reaches Agreement for WPT Sale
Allied Esports Entertainment, Inc. has reached an amended agreement to sell the World Poker Tour to Element Partners, LLC for $105 million. Element beat out Bally Corp.’s $100 million offer.
NUTSHELL More
NEWS & NOTES
Small Nuggets of News
THEY SAID IT More
QUOTABLE QUOTES
Outrageous pronouncements, simple statements and words of wisdom.