
Archive: Vol-20-No-25-June-20-2022







“Outhouse to the Penthouse”: Long Island’s Dark Horse Just Keeps Growing
Jake’s 58 Hotel & Casino didn’t exist 10 years ago. Now, it’s one of the biggest VLT operators in the country, and it just secured the licenses to double its inventory of machines. Suffolk County OTB CEO Anthony Pancella III has been there for the entire ride, from the humble beginnings to the Long Island casino’s promising future.






Where the Buffalo Don’t Roam
Is the attempt by commercial sports betting companies to legalize online wagering (and eventually iGaming) just another attempt to strip Native Americans of their hard-earned gains and sustainable livelihoods?






Shapes of Things
The most recent ‘State of the States’ report issued by the American Gaming Association reveals a rapidly changing gaming industry with more gaming tax revenue, new consumer trends, plunging demographics and an increased emphasis on sports betting and iGaming.






Supreme Court Rules In Favor Of Texas El Tigua Tribe
After decades of legal disputes, the U.S. Supreme Court ruled 5-4 that the El Paso, Texas-based El Tigua Tribe can legally operate bingo-based games on its reservation at its Speaking Rock Entertainment Center (l.). The ruling overturns an appeals court decision.
Featured Stories More
WEEKLY FEATURE: New Gaming Law Imminent in Macau
Lawmakers in Macau could sign off on the city’s new gaming law as early as June 21. The final draft includes a tax increase of 1 percent, with a possible reduction for operators who draw patrons from beyond Mainland China. Of major concern is the fate of the city’s satellite casinos.
Michigan Governor Rejects Tribal Casino
After a 14-year effort to develop a casino in Muskegon County, Michigan, Governor Gretchen Whitmer (l.) dashed the dreams of the Little River Band of Ottawa Indians, which had worked tirelessly for approval of a $180 million casino hotel.
Okada Manila Listing Put on Pause Following Takeover
The planned listing of Okada Manila on the NASDAQ has been postponed by three months to September 30, following the takeover of the Entertainment City property by former head Kazuo Okada (l.).
Blackstone-Crown Deal Receives Approvals from Western Australia, Federal Court
Blackstone’s takeover of Crown Resorts is now complete, following approvals from both the Federal Court of Australia and the Western Australian Gaming and Wagering Commission. Tony Buti (l.), Western Australia’s top regulator, said that Blackstone would have to comply with “stringent conditions” moving forward.
Cullen Report Highly Critical of BCLC
British Columbia’s Cullen Commission, headed by B.C. Supreme Court Justice Austin Cullen (l.), has released its report on money laundering in the Canadian province. It reserves unrelenting criticism for the B.C. Lottery Corporation and numerous other high-level officials.
Concession Agreement Paves way for Greek IR
Greece’s Finance Minister Christos Staikouras (l.) has signed a 30-year concession agreement with Gek Terna and its consortium. This paves the way for the €1.1-billion Inspire Athens casino resort in Ellinikon. After the withdrawal of initial operator Mohegan Gaming, Hard Rock International has stepped forward to operate the project.
AC: Local 54 Votes to Authorize Strike Over Lack of Progress
The contract between Local 54 of Unite Here and Atlantic City casinos expired May 31. Negotiations are not moving the needle, so the union voted to authorize a strike. Whether they follow through or not depends on future talks.
FANTINI’S FINANCE: Federal Fundamentals
Gaming stocks have taken a hit recently because of the perceived discretionary spending that might be impacted by inflation, high gas prices and rising interest rates.
GLOBAL GAMING BUSINESS PODCAST: Virginia Valentine, President, Nevada Resort Association
This week, the podcast features a discussion with Virginia Valentine, the president of the Nevada Resort Association, about how the rebound from the great shutdown has worked for the largest resorts in Nevada.
ASIAN GAMING More
Wynn Parent Loan Seen as Bad Sign for Macau
A $500 million revolving loan to Wynn Macau from its U.S. parent is seen as a sign of ongoing weakness for Macau gaming operators. It suggests the city’s casino giants are finding it hard to borrow from banks.
Sands China: Wong Lawsuit Unrelated to Company
Sands China has issued a statement saying a lawsuit against its president, Wilfred Wong (l.), will have no impact on the company. It also says Wong will “vigorously” defend claims against him by a former employer.
EUROPEAN GAMING More
Sweden Abandons Offshore Enforcement Plans
The Swedish government is giving up on plans to try to block unlicensed gaming platforms from allowing Swedish residents to play. It determined this would be too difficult to enforce, and it might lack the authority.
Entain to Acquire BetCity
Entain has agreed to acquire BetCity, the leading online sports betting and gaming operator in the Netherlands. The purchase price was $887 million. The transaction is expected to be completed before the end of the year.
Kindred Launches Dutch Unibet
The Kindred Group has obtained a license from the regulator Kansspelautoriteit (KSA) to offer online gaming in the Netherlands. Kindred plans to launch its flagship Unibet brand, according to Kindred CEO Henrik Tjärnström (l.).
Metropolitan Gaming now owns Park Lane Club London
Metropolitan Gaming has finished the acquisition of Park Lane Club London (l.). This occurred through an asset sale for Silverbond Enterprises Ltd. The club operates on two floors of the Hilton Hotel in Mayfair.
GLOBAL GAMING More
Queensland Announces New Inquiry into Star’s Suitability, Amid NSW Probe
Queensland Attorney General Shannon Fentiman (l.) has confirmed that the state will launch its own inquiry into the dealings of Star Entertainment, after the company was recently ruled unsuitable to operate its Sydney casino in New South Wales.
Tabcorp, Others Push for iGaming Tax Increase for Australian States
Tabcorp CEO Adam Rytenskild (l.) has teamed up with The Alliance for Gambling Reform and the Australian Hotel Association to lobby for synchronized tax rates between online and land-based gaming operators. Most online providers are international, and subject to lower rates.
India Asks Media To Avoid Online Betting Ads
India’s government issued a media advisory requesting they not accept ads promoting online betting. The advisory noted online betting ads are "misleading" and do not "appear to” conform with numerous regulatory acts.
ONLINE GAMING More
Zitro Digital Partners with EveryMatrix
Zitro Digital will partner with EveryMatrix to port its most successful land-based titles for online casinos via CasinoEngine, the EveryMatrix iGaming integration platform.
BetMGM Partners with PokerGO on Poker Championship
BetMGM will partner with PokerGO to host the BetMGM Poker Championship final table and a $25,000 freeroll tournament at Aria Resort in Las Vegas.
Pragmatic Play Launches Betway Live Studio
Pragmatic Play has launched a dedicated live blackjack studio on behalf of Betway Group, which will use the studio to livestream blackjack to its sites.
SPORTS BETTING More
Ohio Opens Sports Betting Application Window
Online and retail sportsbook operators may now apply for sports betting licenses in Ohio, following the Ohio Casino Control Commission’s recent approval of provisional licensing rules.
Audit Uncovers Flaws in Colorado Sports Betting
The Colorado Office of the State Auditor has uncovered flaws in how the state Division of Gaming regulates sports betting. The audit found that the division conducted inadequate background checks of licensed operators during the first year of regulated sports betting.
CA Sports Betting Measure Passes Signature Halfway Mark
The sports betting measure proponents hope to qualify for the November ballot has achieved a landmark: it passed the halfway mark for verifiable signatures. It aims to amend California’s constitution to allow mobile sports betting. Funds raised would go to fight homelessness.
Jai Alai Exec Sees Path to Future for the Dying Sport
Before sports betting and casinos were easily accessible, people bet on the outcome of jai alai matches. Now the sport is on its last leg—but Scott Savin (l.), COO of Magic City, is making a pitch to bring it back.
N.Y. Sports Betting has Slowed but Still Rakes in Tax Dollars
May is a slow time in the world of sports betting. For the week ending June 5, the industry raked in only $270 million in handle. Don’t get too down, however—since the launch of mobile wager, the state has brought in $276 million in taxes, which makes officials such as Gov. Kathy Hochul (l.).
Wyoming Sports Betting Launch: Slow but Steady
Ten months after its sports betting market launched, the Wyoming Gaming Commission is reporting 30,000 unique users. David Carpenter, who oversees the rollout, said, “I think we’re right in line with our numbers compared to other states, we’re just on a different level because of our population.”
N. Carolina Legislator Still Sees Sports Betting in 2022
The North Carolina House Judiciary Committee had yet to put its version of a sports betting bill on the agenda, and it’s mid-June. The session ends for the year at month’s end, but Rep. Jason Saine (l.) remains optimistic.
PointsBet Rejects Offer from News Corp. for Australian Division
Rupert Murdoch (l.) and company came calling for a piece of PointsBet, but the sportsbook turned down $153 million for its Australian division. Turns out, PointsBet didn’t need the money.
More Sports Betting Options in Japan?
Is Japan planning to permit wagers on more types of athletic events, including baseball? Local media say yes, but lawmakers say no. And the country’s baseball league is also against expanded wagers.
Maryland Online Sports Betting Could Be Ready This Fall
Maryland has plenty of locations to place a bet, from large casinos to small taverns. But approval of mobile betting still eludes the state. Officials hope they can convince lawmakers to pass legislation before the NFL ends in ’22.
IGT Partnership With SuperBook Sports Adds Tennessee
IGT used to be known for the slot machines they manufactured. Now they are also known for powering mobile sports betting apps. The latest use of the app is a partnership with SuperBook Sports in Tennessee.
Casino Arizona Partners with OpenBet for Wagering Solutions
Casino Arizona (l.) chose OpenBet for its retail sportsbook. The company provides the sportsbook with a slew of retail betting solutions, from self-serve terminals to screen management.
FuboTV Pick’em Games Integrate Live TV, Sports Betting
FuboTV unveiled pick’em games last weekend, becoming the first company to integrate the popular free-to-play sports contests into the live TV streaming experience.
DraftKings, BetBlocker Partner on Responsible Gaming Tool
The name says it all— BetBlocker is a free software designed to restrict gamblers from going overboard. A partnership with DraftKings will improve access to such software.
Gaming Innovation Group Launches Online Sportsbook in Colombia
Gaming Innovation Group has teamed with an unknown partner to launch an online sportsbook along with player account data services in Colombia, via its subsidiary Sportnco Gaming.
UNITED STATES GAMING More
Judge Orders NM Racing Commission to Act on License Request
The New Mexico Racing Commission has been ordered by a District Judge to act within 90 days on an application by Coronado Partner’s for the state’s sixth and final license. The partners sought a writ of mandamus to force the commission to act on their request to build a racino in Tucumcari.
Connecticut Town Pegs Would-Be Casino Parcel for Eminent Domain
The town of East Windsor, Connecticut has initiated a move to seize land owned by the Mashantucket Pequot and Mohegan tribes via eminent domain, after the tribes abandoned plans for a casino there.
Nebraska Racino Takes Temporary Back Seat
Ho-Chunk’s proposed racino in South Sioux City will have to wait until WarHorse Gaming projects in Lincoln and Omaha, which recently received provisional licenses, are completed. Ho-Chunk CEO Lance Morgan (l.) said that the company has to prioritize its resources over the next year.
NV Regulators Vote in Favor of County Fair Horse Races
Horse racing events at the White Pine County Fair in Ely and the Elko County Fair have received approval from the Nevada Gaming Control Board, even though there were some hiccups at both events last year.
Temporary Illinois Casino Coming This Fall
The Temporary by American Place casino is expected to open in a weather-resistant tent in Waukegan, Illinois this fall. The permanent American Place casino hotel (l.) will open in 2025, according to developer Full House.
Arena Group Signs Execs for Las Vegas Hotel Casino Project
The Oak View Group has made its mark developing arenas. They upped the ante with plans to build a hotel casino in Las Vegas centered around a new arena. The company has signed three heavyweights for the cause, including former Raiders executive Marc Baidan (l.).
AGA Hails U.S.’s Lifting Pre-departure Covid Testing Requirement
The decision by the Biden administration to end the pre-departure Covid-19 testing requirements as of June 12 has gotten an enthusiastic thumbs up from the gaming industry. American Gaming Association’s CEO Bill Miller (l.) said it will help the U.S. gaming industry recover from the pandemic.
AGS Panel: Slot Floors Offer Too Many ‘Dogs’
Nick Hogan (l.), a slot expert at the AGS GameON conference, showed research results that the majority of slot floors contain a disproportionate number of low-performing games.
TRIBAL GAMING More
Oklahoma Casino On Hold As Litigation Proceeds
The opening of the Fort Sill Apache Tribe’s Warm Springs Casino (l.) remains on hold as the Comanche and Kiowa nations’ federal lawsuit moves forward. Those tribes claim Warm Springs was built on land not belonging to the Fort Sill Apache.
CA’s Newsom Approves Tejon Casino
California Governor Gavin Newsom (l.) has signed a tribal state gaming compact with the Tejon Indian Tribe. The compact still needs the legislature’s nod. The tribe wants to build a $600 million casino and hotel in partnership with Hard Rock International.
PEOPLE More
Bragg Names Yaniv Sherman CEO
Bragg Gaming has named Yaniv Sherman, a 20-year veteran in the field of online gaming and top executive of 888 Holdings, as the company’s new chief executive officer.
Bluberi Names Lisa Girard Chief Financial Officer
Lisa Girard has been appointed to the role of chief financial officer at Bluberi. Girard has over 20 years of financial and accounting experience, primarily with manufacturers and defense contractors.
NOVOMATIC Americas promotes Kathleen McLaughlin to VP, North American Sales and Marketing
NOVOMATIC Americas has announced that Kathleen McLaughlin has been promoted to vice president of North American sales, marketing. McLaughlin has been with the company since 2017, in various marketing roles.
GLI Announces Steve May as Client Solutions Executive and Samuel Grunther as Account Executive
Gaming Laboratories International has appointed Steve May (l.) as client solutions executive and Samuel Grunther as account executive. Both have years of experience in both operational and regulatory roles.
Marker Trax Appoints Jason Yeghiayan as Head of Product Development
Jason Yeghiayan is the new director of product development and integration at Marker Trax, a cashless gaming credit and payment company.
Sportradar Appoints Eric Conrad as Head of Partnerships, North America
Veteran sports media executive Eric Conrad has been appointed to oversee Sportradar’s partnerships and content for North America. Conrad will report to COO Eduard Blonk.
Leaders Named for Gila River Arizona Casino
Gila River Resorts & Casinos has announced the leadership team for the new Santan Mountain Casino in Chandler, Arizona. The team includes General Manager Blake Katnelson (l.).
GOODS & SERVICES More
Zitro Debuts Altius Glare in France
Zitro’s Altius Glare cabinet (l.) made its debut at three Barrière Group casinos in France, along with the Wheel of Legends multi-game progressive link.
NUTSHELL More
NEWS & NOTES
Small Nuggets of News
THEY SAID IT More
QUOTABLE QUOTES
Outrageous pronouncements, simple statements and words of wisdom.