
Archive: Vol-21-No-15-April-17-2023






Texas House Committee Considers Poker Rooms Legislation
Currently 56 poker clubs operate in Texas without regulation. But a House committee is considering bills that would let local officials approve or ban the clubs, and change state gambling law to include poker clubs under the definition of private games.





Voluntary Exclusion Programs in U.S. Gaming
States make self-exclusion programs confusing with complicated regs and hoops to jump through. Richard Schuetz says keep it simple, stupid.





Sports Betting Dead in North Dakota After Senate Kills Bill
The North Dakota Senate voted against putting sports betting on the 2024 ballot and proponents will have to wait until next year to reintroduce similar legislation.
Featured Stories More
WEEKLY FEATURE: Everi to Acquire Video King
Everi will acquire the assets of Video King, a leading integrated electronic bingo gaming device and systems provider, for cash consideration of approximately $59 million.
Japan Approves Osaka IR, Nagasaki Resort in Doubt
Japanese lawmakers have approved plans for the country’s first casino, an integrated resort to be built on Yumeshima Island in Osaka Bay. The IR will be developed by a unit of MGM Resorts International and its Japanese partner, Orix Corp. A bid from Nagasaki is still under consideration.
Atlantic City Casinos Struggled Last Year
Atlantic City casino profits dropped 4.6 percent in 2022 compared to 2021, with the operators’ association pointing to inflationary pressures and rising expenses.
NV Regulator Raises Eyebrows with Rebuke of MGM Resorts
Former Las Vegas judge George Assad (l.), who was appointed to the Nevada Gaming Control Board in January, recently caused some controversy by questioning the recent business decisions of MGM Resorts International at a hearing involving the company.
Cowlitz Tribe Ends Six-Year Relationship With Mohegans
Washington’s Cowlitz Tribe has announced that it will take the reins of managing its ilani casino (l.) in Ridgefield. The casino was built and managed in its first years by the Mohegan Tribe of Connecticut.
Bell Centre Casino Project Continues to Face Heavy Opposition
A proposed “mini-casino” at the Bell Centre (l.) in Montreal is facing heavy opposition from both resident groups and local officials, due to the large number of both gaming machines and vulnerable populations in the area.
LV Spending Higher Than Ever, but LVCVA Cautious for the Future
The latest economic report from Applied Analysis shows that Las Vegas visitors are spending more than ever, even surpassing pre-Covid averages. Despite this, the Las Vegas Convention and Visitors Authority, led by CEO Steve Hill (l.), is projecting flat tax revenues for next fiscal year, thanks to economic pressures and fears of recession.
Legal Sports Wagering Unlikely In Missouri
The Missouri House passed a sports betting measure last month, but Senators can’t seem to agree on whether they want a sportsbook-only bill, a video-lottery-only bill, a bill that includes both or no expansion of gambling whatsoever.
FANTINI’S FINANCE Zooming All the Way Out
As we await the start of first-quarter earnings season, let’s take a look at some of the trends to keep in mind from a macro perspective.
Lottery Debate Rages On in Nevada Legislature
There have been over 20 attempts to repeal Nevada’s lottery ban, none of which have succeeded. The latest try, in the form of the bill AJR5, is currently being considered by the Nevada Legislature, reigniting the age-old debate once again.
GLOBAL GAMING BUSINESS PODCAST: Chairman E. Sequoyah Simermeyer, National Indian Gaming Commission
This week we sit down with Chairman E. Sequoyah Simermeyer, the chairman of the NICG on his final year in that position to talk about his achievements.
ASIAN GAMING More
J.P. Morgan: Thumbs Up on Macau
J.P. Morgan analysts have upped their projections for Macau’s gaming industry, forecasting $407 in gross gaming revenue for the first three months of 2023, and noting a strong start for the second quarter.
EUROPEAN GAMING More
Europe’s Gaming Authorities Unite to Fight Illegal Gambling
The gaming authorities of Europe are joining forces to fight problem gambling and illegal gambling. They have formed the Gaming Regulators European Forum (GREF), which will meet regularly and share resources.
BOS Supports Fee Hike to Fund Swedish Regulator
Online Gaming Industry Association (BOS) supports the Spelinspektionen’s proposal to increase fees to help the gaming regulator do its job more efficiently. BOS said the regulator needed to be “sufficiently funded.”
GLOBAL GAMING More
Battle Begins Between Ontario, Gambling Ring for $40 Million Assets
Ontario’s court battle to keep $40 million in assets seized from an alleged gambling ring began recently and some of the players include members of the Hells Angels motorcycle group.
Sportsbooks Invest Lion’s Share in Brasileirão
Brazil’s sports betting sector will invest BRL 327 million ($64.75 million) this year in sponsorships for the A Series of the Brazilian Championship, the Brasileirão. Sports marketing agency Neo Brands published the survey.
OLG Releases RFPQ for Caesars Windsor
Ontario Lottery and Gaming Corporation (OLG) has begun the process for finding a company to manage Caesars Windsor casino (l.) near the Canadian-U.S. Border. The process begins with a Request for Pre-Qualification (RFPQ).
ONLINE GAMING More
Indian State Tamil Nadu Bans Online Gambling
The government of Tamil Nadu, a state in India, is near finalizing its process of banning online gambling. The Legislative Assembly had passed the bill and Governor R.N. Ravi has approved it.
Philippine Lawmaker Wants Special Zone for POGOs
Philippine Senator Ronald ‘’Bato’’ dela Rosa (l.), chairman of the Public Order and Dangerous Drugs Committee, says all offshore gaming operations should be relocated to a special zone for better oversight.
Caesars Opposes iPoker Cheating Bill
Caesars Entertainment, the only operator of online poker in Nevada, is opposing the state’s legislation that would require operators to provide a list of suspended and banned customers to the state.
SPORTS BETTING More
New York Mobile Sportsbooks Have Record March
Buoyed by the NCAA tournament, New York mobile sportsbook operators raked in big bucks. Sports betting goes into a slowdown in the summer, with no major sporting events until the fall.
Maryland's Sports Betting Generates a Record $5.3 Million
March set a record for sports betting tax revenue for the state of Maryland, thanks to the NCAA Men’s and Women's basketball tournament. The 10 retail and eight mobile sportsbooks produced $5.3 million for the state.
Kentucky Governor Wants Sports Betting by September
Kentucky recently passed legislation that would allow sports betting in the Bluegrass State and Governor Andy Beshear (l.) wants to launch it by September in time for the start of the NFL season.
Ohio Gaming Regulators Consider Gift Cards for Sports Bets
Gift cards may find a new use if the Ohio Casino Control Commission decides to allow people to pay for sports betting with gift cards. If you can use a card to see a movie, why not bet on basketball? ...
IGT Extends Sports Betting Partnership with Rhode Island Lottery
International Game Technology has signed a three-year extension with the Rhode Island Lottery to run the lone sports betting app in the state.
Sportsbook Alliance Urges D.C. Mayor to Use Funds Properly
The Sports Betting Alliance, the trade association for sportsbook operators, has asked D.C. Mayor Muriel Bowser (l.) not to allocate tax revenue for unapproved uses. The Alliance urges them to keep the small pot of money for problem gambling.
Circa Sports in Illinois Itching to Get Sportsbooks Running
Circa Sports has done well in the sportsbook era in Las Vegas, but it’s been slow going in Illinois. Still, the operator sees light at the end of the tunnel these days.
Massachusetts Gaming Commission to Pick Penalties
The infractions committed by MGM Springfield and Encore Boston Harbor involved letting patrons bet on in-state college games. Now the Massachusetts Gaming Commission must decide the punishment.
UNITED STATES GAMING More
NGCB Begins Process of Revising Outdated Regulations
It’s spring cleaning time for the Nevada Gaming Control Board, which is currently undergoing an internal review to look for subsections that could be deemed outdated or irrelevant. Governor Joe Lombardo gave the directive to all state agencies at the beginning of the year.
Alabama Attorney General Closes Illegal Bingo Operations
Fourteen bingo halls in Jefferson County, Alabama were shuttered by teams of state and federal agents, led by state Attorney General Steve Marshall’s (l.) office. The venues offered a total of 2,400 illegal slot machines.
Nevada’s Hospitality Industry Feeling Impacts of ‘Great Resignation’
The hospitality sector in Las Vegas is experiencing the repercussions of the “Great Resignation” and many resorts are finding it challenging to find workers.
PA Board Looks to Regulate Skill Games
Proposed regulation would bring so-called skill games under the oversight of the Pennsylvania Gaming Control Board, creating a tax structure and monitoring-and-control system.
Resorts World Genting Rebuilding Post-Covid
Resorts World Genting in Malaysia is looking to return to pre-Covid operational levels, with a new focus on international tourism, says Genting Malaysia Chairman Alwi Jantan.
Missouri House Committee Passes Casino Bill
Missouri voters may have a chance to vote for a constitutional amendment allowing a 14th casino on the Osage River. Current state law limits casinos to the Mississippi and Missouri Rivers. Meanwhile, the Osage Nation is moving forward on its own Osage River casino.
Judge Dismisses Lawsuit Against MGM Resorts
U.S. District Court Judge Sul Ozerden (l.) dismissed a lawsuit against MGM Resorts International, in which the plaintiff claimed MGM cheats slot players by using a redemption system that only returns whole dollars and no coins.
Another Strip Casino Sale in 2023? Not From Caesars
There has been some speculation recently that a Las Vegas Strip casino could be hitting the auction block before year’s end—the only problem is that none have emerged as serious candidates. Caesars, which was at the heart of such talks last year, looks to have dropped out of consideration.
TRIBAL GAMING More
U.S. Treasurer Discusses Business Development with Lummi Nation
U.S. Treasurer Marilynn Malerba (l.), the first indigenous person to hold that job, March 28 began meeting with tribal leaders in Washington. She started with the Lummi Nation, discussing its needs and business development.
PEOPLE More
Marker Trax Names Val Apoderado VP of IT Ops, Engineering
Cashless casino credit platform Marker Trax has appointed Val Apoderado (l.) as vice president of IT operations and engineering.
GOODS & SERVICES More
AGEM Index Down Slightly
The AGEM Index monthly stock performance guide showed a decrease of 5.1 points in March, despite positive results from Konami and Aristocrat.
MBS Gets Smart with New Hotel App
Marina Bay Sands in Singapore has launched a new Smart Hotel app to enhance the guest experience. Visitors can use the app for mobile check-in and in-room dining and also to communicate with staff.
AXES Establishes HQ at UNLV’s Black Fire Innovation
AXES.ai has signed a new lease to establish its international headquarters and the Black Fire Innovation Campus (l.) at UNLV.
NUTSHELL More
NEWS & NOTES
Small Nuggets of News
THEY SAID IT More
QUOTABLE QUOTES
Outrageous pronouncements, simple statements and words of wisdom.