Skill Games Makers, Operators Sue Kentucky

Pace-O-Matic and other skill-game operators, locations and players sued Kentucky over a new law banning the games which have proliferated statewide. Plaintiffs claim the law violates numerous aspects of the state constitution.

Down but Not Out: Entain’s Gamble on the Resurgence of Unikrn

After the SEC brought the hammer down on unikrn back in 2020 over an ICO mishap, it seemed as though the up-and-coming esports, iGaming and mobile sports betting platform was nearing its end. However, now that the site has the backing of Entain and esports veteran Justin Dellario (l.), the company looks to regain its position in the market and then some.

Lawmakers: NY Sports Betting Tax Rate Here to Stay

Sportsbooks set up shop in New York with eyes open with the outlandish tax rate. Lawmakers are reluctant to tinker with the rate, but they may go along with letting promotional costs be charged off against revenues.

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Fertitta Slows Las Vegas Momentum, Acquires Hard Rock Lake Tahoe

After making a splash debut in the Las Vegas market last year, Tilman Fertitta appears to be pulling back on development, opting to wait and see how the market pans out. However, he does appear to be bullish on northern Nevada, having just acquired the Hard Rock Lake Tahoe (l,) for an undisclosed price.

Are PAGCOR Casinos Overpriced?

The Philippine Gaming and Amusement Corp. has announced plans to sell off its portfolio of 40-plus casinos and serve only as a gaming regulator. But sticker shock may discourage buyers, say analysts at Morgan Stanley.

Senator Calls for Transparency With College-Bookie Deals

In response to the rising number of partnerships being formed between American universities and bookmakers, Senator Richard Blumenthal (l.) recently sent a request for additional information to over 60 schools around the country.

Philippine Senator Demands End to POGOs

Philippine Senator Sherwin Gatchalian (l.) has joined the call to ban Philippine Offshore Gaming Operations. Gatchalian wants to fast-track the process and shut down POGOs within three months.

DraftKings Prefer to be 2nd in Market Share than 3rd

DraftKings ranks second in online sportsbook market share at 27 percent. While trailing the leader, FanDuel by a wide margin, most sportsbooks are in single digits looking up. But DraftKings position didn’t help in California, and CEO Jason Robins (l.) indicated that it may take more than one legislative cycle to regroup.

IGT’s Asher Receives White House Appointment

President Joe Biden has appointed Joe Asher (l.), president of sports betting for IGT PlaySports, as chairman of the Board of Trustees for the Woodrow Wilson International Center for Scholars.

FANTINI’S FINANCE: Observations and Congratulations

All told, it’s been a rather good week—the latest data from the Nevada gaming industry remains as strong as ever, the IGA show in San Diego went swimmingly and a dear friend was honored with a presidential appointment. What more could you ask for?

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Suntrust Expects to Open Manila IR in 2024

Last week, Suntrust Resort Holdings said it expects to open its Manila hotel casino project in 2024. The integrated resort will be part of the larger Westside City development.

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Denmark Issues Online Gaming Licenses

Spillemyndigheden, Denmark’s gambling authority, has issued gaming licenses to BetConstruct and PopOK gaming. BetConstruct commented, “Obtaining a license from the Danish Gambling Authority is a sublime advantage for businesses to widen their game offerings.”

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India Readies Draft Rules for Online Gaming

India’s draft rules for online gaming are almost ready to release. Minister of State for Electronics and Information Technology (MeitY) Rajeev Chandrasekhar (l.) declared, “We will certainly make it very, very difficult and certainly illegal for any wagering to happen on these games.”

Study: Australians Seeing More Sports Betting Ads than Ever

Data from the Australian Institute of Family Studies is showing that the level of sports betting advertising in the country is higher than ever before, to the extent that the majority of respondents indicated that they wouldn’t mind a potential ban on such ads.

Entain, TAB New Zealand to Partner in Sports Betting

If the New Zealand Minister for Racing agrees, TAB New Zealand will partner with Entain to acquire management rights to the New Zealand sports betting monopoly. Entain will pay as much as $160 million for the strategic relationship, whose term is 25 years.

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Will Japan Legalize iGaming?

Legal iGaming in Japan is a long-term possibility with plenty of ifs, says a Japanese gaming industry official. Until it’s a reality, people who illegally gamble online are subject to fines up to almost $4,000.

Maryland iCasino Bills Dead for 2023

Maryland lawmakers have failed to authorize online casino games during the 2023 legislative session, as prospects for iCasino bills weaken in several states.

NV Bill Targets iPoker Cheating

A bill introduced in the Nevada Assembly is aimed at reducing cheating in online poker by creating a list of people whose accounts have been suspended or banned for cheating.

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Colorado Casino Cashier Suspected Of Stealing $500K

A cashier at Monarch Casino (l.) in Black Hawk, Colorado was arrested on suspicion of stealing $500,000 on March 12. Sabrina Eddy claimed she was instructed to take the money to pay a lawyer. It’s the largest theft since casino gambling began in 1991 in Colorado.

Virginia Will Regulate Electronic Gambling

New rules will take effect soon in Virginia to regulate electronic games offered by fraternal, veterans and other charitable groups in Virginia, as well as the live Texas Hold’ Em poker tournaments they sponsor.

Atlantic City Mayor Moves on Bader Development

Atlantic City Mayor Marty Small Sr. (l.) signed a memorandum of understanding with developer DEEM Enterprises for the development of a residential complex and auto racetrack at Bader Field.

Virginia’s First Casino Continues To Grow

Hard Rock Casino Bristol in Virginia has added 63 new slots since opening last July, for a total of 890 slots plus 29 table games and a sportsbook. The venue’s unexpected success will allow a pool and spa to be included in phase one of the permanent facility, opening in July 2024.

Horseshoe Las Vegas Hosts Grand Opening

The legendary Horseshoe casino brand is alive once more, as Caesars recently held a grand opening (or reopening) ceremony for Horseshoe Las Vegas, which was formerly Bally’s.

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Pascua Yaqui Tribe to Put 30 Acres Into Trust

Congress has passed and President Biden has signed the Old Pascua Community Land Acquisition Act. The legislation puts 30 acres into trust for the Pascua Yaqui Tribe of Arizona. It will enable the tribe to put its third casino on this extension of the original reservation.

CA Assembly Sends Cardroom Moratorium to Senate

The California Assembly has passed a bill that would return a 25-year-old moratorium on new cardrooms in the Golden State. The vote sends AB341 to the Senate. The bipartisan bill, passed by 68-1, was supported by a coalition of cardrooms and gaming tribes.

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Intralot Appoints Bateson as CCO

Lottery supplier Intralot announced the appointment of Richard Bateson (l.) as the company’s new chief commercial officer as the company continues restructuring efforts.

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IGT, Gift & Go Announce Agreement

Through an agreement with UK-based Gift & Go, casino operators using International Game Technology’s Advantage management system an offer players promotional gifts redeemable through Amazon Business.

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