India Approves 28 Percent Gambling Tax

The Goods and Services Tax (GST) Council of India has approved a maximum 28 percent tax on wagers in online gaming, casinos and horse racing. Members of the sector warn the tax could stunt intellectual property and technology.

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WEEKLY FEATURE: Virginia Casinos Moving Forward

In Virginia, the temporary Bristol Casino, future home of Hard Rock, has been open for one year and the temporary Caesars Danville has been operating for two months. Construction may start on Norfolk’s HeadWaters Casino later this year.

Maverick Gaming Appeals WA Sports Betting Ruling

Maverick Gaming CEO Eric Persson (l.) is determined to overturn the sports betting monopoly enjoyed by Washington’s gaming tribes. He has appealed the U.S. federal court ruling dismissing his case that challenged that law.

Florida Battle to Continue Between Seminoles and Opponents

The powerful Seminole Tribe of Florida scored a court victory to strengthen its grip on sports betting. Opponents could toss more legal maneuverings to change the trajectory. Meanwhile, the decision could be a windfall for fellow tribes in California.

FANTINI’S FINANCE: The 2023 Halftime Report

We have reached the halfway point of 2023, and second quarter earnings season is upon us. Not many surprises or unanswered questions are left remaining, but the advancement of artificial intelligence remains the biggest wild card. Oh, and Len Ainsworth turned 100.

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Macau Rejects Chau Appeals

A Macau court has dismissed an appeal by former junket king Alvin Chau (l.), convicted in January of running an illegal gambling network. Chau’s attorneys say some evidence against him was inadmissible.

Shin Hwa World a No-Go in the Philippines

Korean casino developer Shin Hwa World is walking back plans to build a casino resort in the Philippines. The firm, which runs Jeju Shinhwa World in Korea, has been unable to find available land for the development.

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Europe’s First IR Sparks Union Protests

The first integrated casino resort in Europe, City of Dreams Mediterranean (l.), opened July 11 on Cyprus. ICR, which opened the resort, is made up of Melco Resorts & Entertainment and Cyprus Phassouri (Zakaki) Ltd.

BGC CEO Welcomes U.K. Gambling White Paper

The CEO of the U.K.’s Betting and Gaming Council says the industry welcomes the “evidence led” approach used in the government’s White Paper. But Michael Dugher (l.) says evidence doesn’t support a link between sports ads and problem gambling.

Spain Begins Consultation on Updating Gambling Data

Spain has begun a public consultation on updating its “information monitoring system” for Spanish Gambling. The Spanish Directorate General of Gaming wants to begin collecting data to encourage a safer gaming environment.

Denmark Says Betfair Breached AML law

Denmark’s regulator Spillemyndigheden says Flutter Entertainment subsidiary Betfair breached multiple sections of its Anti-Money Laundering (AML) Act. Betfair has been given three months to bring itself into compliance.

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Singapore Cracks Down on Illegal iGaming

Singapore lawmakers have approved a new bill giving them greater authority to shut down illegal online activity and content. The Online Criminal Harms Act includes illegal online gambling as well as scams.

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Bellagio Land Ripe for Sale

Blackstone Group is considering selling some of its stake in the real estate on which the Bellagio (l.) sits on the Las Vegas Strip, and one analyst says there will be no shortage of buyers.

Bally’s Open to Extending More Land to A’s Stadium Project

It looks as though the nine acres the Oakland A’s were given for a new ballpark on the Las Vegas Strip (l.) by Bally’s Corp. may not be enough to accommodate a retractable roof structure, but that’s no biggie, according to Bally’s Chairman Soo Kim.

Iowa City Approves Casino Land Purchase Agreement

Peninsula Pacific Entertainment will pay Cedar Rapids, Iowa $165,000 for the option to purchase land to develop the proposed Cedar Crossing gaming complex. However, Iowa regulators still have a moratorium on new gaming licenses.

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CA Lawmakers Mull Letting Tribes sue Cardrooms

California lawmakers are considering SB 549, which would create a one-time window for gaming tribes to sue to defend the exclusivity of some card games. They could challenge cardrooms who continue to offer house-banked games.

Arizona Tribe Loses Sports Betting License

The Ak-Chin tribe, owners of Harrah’s Casino (l.) in Maricopa County, Arizona, became the first to lose its sports betting license since its mobile wagering partner, Fubo, left the state. Harrah’s still offers a retail sportsbook.

Oklahoma AG, Governor Spar Over Tribal Lawsuit

Oklahoma Attorney General Gentner Drummond (l.) wants to end the 3-year battle over Governor Kevin Stitt’s “unilateral action of negotiating illegal compacts” with four small tribes to pressure others into renegotiating their own compacts.

Wyoming County Approves Tribal Liquor License

In an unusual move, the Northern Arapaho Business Council requested a liquor license for its Wind River Casino (l.) in Fremont County, Wyoming. Even more unusual, the county granted the license, the first in three decades.

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IGT’s Lottery Chief Cairoli Dies

IGT CEO of Global Lottery Fabio Cairoli (l.), who has led all IGT lottery operations since 2012 when he joined IGT legacy company Lottomatica, died suddenly at age 58.

Len Ainsworth Celebrates 100th Birthday

Gaming industry legend Len Ainwsorth (l.), who began building slot machines in the 1950s and went on to found Aristocrat and Ainsworth Game Technology, celebrated his 100th birthday last week.

Maine Regulator Returns After Suspension

Milton Champion (l.) returned to his post as Maine’s chief regulator after being suspended for questionable social media posts. Champion apologized and said the posts were meant to be “humorous” but many question his fitness for the job.

Pennsylvania’s Wind Creek Bethlehem GM Retires

Wind Creek Bethlehem General Manager Kathy McCracken (l.) announced she’ll retire September 30. McCracken led the Pennsylvania property’s Covid-19 response and directed its $160 million addition, which opened in June.

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G2E Asia Emphasizes Non-Gaming

G2E Asia returned to Macau last week, convening for three days at the Venetian Macao in Cotai. The event showcased non-gaming offerings meant to draw greater international tourism to Asian markets.

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