Nowadays, artificial intelligence is the phrase on everyone’s minds, especially with the proliferation of AI-based language models like ChatGPT. That gets one thinking, Las Vegas could surely benefit from technology like that! Introducing: ChatLV.
Online gaming operators have begun developing their own in-house games, with games developed and owned by gaming sites accounting for 8 percent of gross gaming revenue.
The American Gaming Association’s annual Gaming Industry Outlook survey of gaming executives shows that top officials remain positive on the prospects of the industry, despite looming economic problems.
Seven major U.S. sports leagues formed the Coalition for Responsible Sports Betting Advertising. As legalization of sports betting spreads nationwide, advertising has come under intense scrutiny and consumer protections must be established.
When the U.K.’s gambling white paper was first announced, no one knew just how much turbulence it would have to go through—including a carousel of lawmakers—to see the light of day. Well, that day has come, as the long-awaited paper was released April 27, under the guidance of Prime Minister Rishi Sunak (l.).
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Lawmakers in Tennessee have approved SB472 that addresses several issues in regards to sports betting. Now it awaits the governor's signature to become law.
The Nevada Resort Association’s latest economic report revealed that the state’s tourism industry generated over $90 billion in overall economic impact in 2022. In March of this year, however, revenue declined despite increased visitation and convention attendance.
New York casinos could pose a threat to Atlantic City by siphoning off gamblers in the Mid-Atlantic and Northeast regions. Operators could offset the competition by bidding on NYC licenses.
Maybank Securities suggests there may be a few bidders for casinos owned by the Philippine Gaming and Amusement Corp. They include operators in Clark, Philippines as well as the Travellers Hotel Group.
The Alberta Court of Appeal has ruled that the province’s establishment of its iGaming site PlayAlberta was not a violation of Canadian law, a ruling that has been well received by the area’s tribes.
Italy’s government, under Prime Minister Giorgia Meloni (l.), seeks to move quickly on legislation that would reform gaming laws for land-based casinos. This is the third attempt in eight years to reform the gaming sector.
Three states—North Carolina, Missouri and Minnesota—are all dealing with roadblocks in regards to sports betting that threaten to push legislation back until 2024.
Michael Rubin (l.) says his e-commerce firm is the key to competing as a sportsbook. He expects to convert as many as 2.5 percent of his customer base into sports bettors. Only time will tell.
The Little River Band has asked Michigan Governor Gretchen Whitmer (l.) to meet and approve their second proposed casino. Whitmer rejected the tribe’s request last June as another tribe with claims to the same land awaited federal recognition.
On April 21, Macau junket kingpin Levo Chan (l.) was sentenced to 14 years behind bars for illegal gaming, fraud, money laundering and other crimes. In January, his rival, Alvin Chau, got 18 years on similar charges.
Macau lawmakers have proposed a new amendment to the city’s recently revised gaming law. It would prohibit management companies from extending credit to gamblers.
Visitation continues to climb in Macau, which reopened its borders in January. For March, arrivals increased 271.4 percent year-on-year and 22.8 percent over February.
Statistics for the first four months of the year by the Ukrainian Commission for the Regulation of Gambling and Lotteries (KRAIL) revealed that the numbers who have self-excluded are rising dramatically. This year there are 687, small in actual numbers, but a large increase percentage wise.
Holland Casino, which operates 14 casinos in the Netherlands, reports that its gross revenues rose 147.7 percent year-over-year. This occurred in spite of the operator having to close its casinos for 25 days during 2022.
The government of Denmark projects that problem gambling will cost the country 10 million kroner a year. According to the Ministry of Tax, that is the amount Denmark is preparing to spend to fight gambling addiction.
Svenska Spel, the former Swedish gaming monopoly that was set free to compete in a competitive market, is doing very well. Its revenues are up 2 percent over the same quarter of last year. This occurred in spite of new responsible gaming measures that were imposed on the industry.
Kenyan lawmakers are considering a bill to take the place of the Betting, Lotteries and Gaming Act. One purpose of the new legislation, says MP Duncan Mathenge (l.), is to discourage the participation of youth in gambling.
Several Ontario, Canada, Gateway Casinos were affected by a computer security breach and have been closed since April 16, but could be reopening this weekend.
The Chamber of Deputies of Chile has approved a ban on sports betting advertising. The Senate will next take up the bill. The proposed ban would apply to online sports betting advertising and sponsorships in sports events and clubs.
Maine lawmakers are mulling over an online internet gaming bill that would affect both casinos and sports betting, even though sports betting hasn’t launched in the state.
The New Hampshire House of Representatives is debating a bill passed by the state Senate that would legalize online table games and poker, but not online slot games.
The Illinois Senate passed a bill to lower what sportsbook operators have called outlandish renewal fees but the legislation is facing opposition in the House.
Kentucky approved sports wagering and now the state will attempt to work with the Horse Racing Commission to complete the regulations by an early September launch date. A tall task, but it’s been done that soon in the past.
Vermont was just being careful not to overlook regulations that can minimize problems for the bettors. Now the state Senate is ready to cast the final vote to approve sports betting, the last New England state to do so.
Since Massachusetts went live with online sports betting in March, almost 187,000 bettors outside state borders have attempted to create accounts in the market. Those bettors were foiled by geolocation fences.
Iowa’s 19 casinos reported nearly $160 million in adjusted gross revenue for March, paying $32 million in state taxes. Sportsbooks took in $17.5 million from wagerers, up from $12.5 million February, with nearly 90 percent of bets made online—Horseshoe Casino Council Bluffs (l.) was the top performing sportsbook.
Now that the Athletics have agreed to make the jump to Las Vegas, the team has started the process of procuring the necessary manpower to build and staff its proposed $1.5 billion stadium. The construction is accounted for, but its relationship with the Culinary Union hasn’t gotten off to the best start.
Supporters of unregulated “skill games” rallied at the Pennsylvania Capitol in support of a bill that would establish the legality of the slot-like devices, and regulate and tax the machines.
New York’s Hofstra University is suing Nassau County, seeking to derail a proposal by Las Vegas Sands to license a casino (l.) at the current site of the Nassau Coliseum.
Dennis Newberry (l.), the mayor of Lake Ozark, Missouri, thanked legislators for their support of two bills that would authorize a voter referendum to change the state constitution and allow a casino hotel on the Osage River.
Open for seven months, WarHorse Lincoln and Grand Island Casino (l.) in Nebraska have set tax contribution records for three consecutive months, posting combined tax revenue of $1.55 million in March, $1.34 million in February and $1.2 million in January.
The Nevada Gaming Commission has approved a total of 24 outdated gaming regulations that may be modified or removed altogether down the line.
The state Attorney General Matthew Platkin (l.) delivered a speech at the East Coast Gaming Congress in Atlantic City detailing new efforts to lessen problem gambling. The steps involve gambling ads, exclusion lists, and marketing.
Lawmakers from Nevada and California are joining forces to try and convince U.S. President Joe Biden to allocate billions in funding toward the construction of a high-speed train line that would connect Las Vegas and southern California.
SGMSD and owner John Grant Lincoln have received licenses from the South Dakota Commission on Gaming and now can move forward with purchasing the historic Franklin Hotel and Silverado casino (l.) in Deadwood from Super G Investments.
Michigan charities’ licensed Millionaire Parties generated nearly $5 million in net profit in 2022. The number of events increased by 137 percent in 2022 compared to 2021.
Lawyers for Missouri Attorney General Andrew Bailey (l.) withdrew from a case against the state filed by Torch Electronics and Warrenton Oil after Bailey’s political action committee took donations from the two plaintiffs.
The shuttered Atlantic Club (l.) casino-hotel is in the process of being rebuilt and refurbished into a mixed-use development including hotel towers, condominiums and a retail mall.
The Colorado Economic Development Commission forked over $14 million in tax credits to an unnamed U.K. sports betting firm. The established company figures to spend $40 million on office space.
The Washoe Tribe has bought the Wa She Shu casino (l.) and truck stop near Gardnerville, Nevada from Wind Creek Hospitality, and will take over operations July 1
Rush Street Interactive’s PlaySugarHouse has pulled out as an official sports betting partner in Connecticut and the CT Lottery has put out a request for proposal for their replacement.
Bluberi has named industry veteran Steve Kohon (l.) as its new executive vice president of operations and service.
Rivers Casino in Schenectady, New York, has named Joe Lodise (l.), a longtime executive of Caesars Entertainment, as the property’s new general manager.
Lottomatica, a gaming company based in Italy, is offering an initial public offering. The IPO seeks to raise up to €600 million from an issue of existing shares and newly issued stock, with shares ranging in price from €9 and €11.
Atlas World Sports has launched Version 3.0, which features AI software to offer in-game probabilities and predictions.
Small Nuggets of News
Outrageous pronouncements, simple statements and words of wisdom.