
Archive: Vol-21-No-40-October-9-2023






PH Resorts May Sell Off Cebu IR
Philippines gaming firm PH Resorts has signed an MOU with property developer AppleOne Properties that would bring the latter in as investor or even owner of a stalled Cebu IR development called Emerald Bay (l.).





Fluharty Replaces Ford As Gaming Council President
The National Council of Legislators from Gaming States announced its president, Indiana state Senator Jon Ford, is taking a job in the private sector and will be replaced by West Virginia state Rep. Shawn Fluharty (l.).





Virginia Casino Developer Faces Stock Exchange Delisting
Maryland-based Urban One, one of the developers of a Richmond, Virginia casino resort, could be delisted by NASDAQ for noncompliance with federal reporting rules. A referendum on the casino, rejected by voters in 2021, will occur November 7
Featured Stories More
Online Casinos: The Key U.S. Battleground People May be Missing
Paddy Casey (l.), co-founder of leading product development and digital marketing supplier The Unit, outlines the importance of future online casino regulation, what operators can do to find their place in U.S. markets and how this provides opportunities, while sports betting appears to be more of a closed shop.
WEEKLY FEATURE: CEOs Positive on Present, Neutral on Future
The American Gaming Association’s survey of gaming CEOs revealed that many expect improved balance sheets and continuing capital investment, but against a backdrop of slowing revenue growth.
Union Workers Authorize Detroit Casinos Strike
Union members working at Detroit’s three casinos overwhelmingly approved authorizing striking for higher wages, if necessary. The strike could occur as soon as mid-October when contracts expire.
NY Regulators Look at Sibella on Casino Bids
Regulators in New York are investigating the past of Scott Sibella (l.), who recently was fired by Genting’s Resorts World Vegas, and also was president and COO of MGM Grand, in probes related to downstate casino bids.
Hong Kong’s IEC Moves on Billion-Dollar Philippines Resort
International Entertainment Corp. of Hong Kong has signed a provisional agreement to develop a new casino resort in Manila. The property would take advantage of robust post-Covid travel to the Philippines.
UAE State Gaming Could Surpass Singapore
The UAE could generate about $6.6 billion annually if it allows casino gambling at Ras Al Khaimah. Wynn Resorts has said it expects to receive a license for that property very soon.
Norway Increases Pressure on Illegal Online Casinos
Lotteritilsynet, Norway’s gambling regulator, is cracking down on illegal online gambling sites. It has targeted nine banks and forced them to not process payments from such sites.
NFL, Players Association Agree to Tougher Gambling Policy
A small but growing list of players have paid a penalty for violations of the league gambling policy. So the NFL and the NFL Players Association have hammered out amendments that make it tougher.
Kansas City Enjoys Gains in Bets, Sales From Kelce-Swift Intrigue
The budding romance between the hottest singer and the All-Pro tight end has developed an added benefit. Sales of Travis Kelce jerseys up 400 percent. Prop bets up more than 100 percent.
US Integrity and Odds On Compliance to Merge
Two of the most respected names in the sports betting and gambling compliance industry, U.S. Integrity and Odds On Compliance, announced they are merging.
GLOBAL GAMING BUSINESS PODCAST: Sean Sauter and Rachelle Rabago, VP of System Sales and VP of Casino Systems Technology, IGT
IGT has long been synonymous with gaming excellence, and its Advantage CMS system continues to innovate and perform. Two figures who know all about this performance are Sean Sauter and Rachelle Rabago (l. to r.), the company’s vice president of system sales and vice president of casino systems technology, respectively.
GGB Podcast sponsored by IGT.
ASIAN GAMING More
SJM to Renovate Macau Palace
Macau officials have announced that Big 6 operator SJM Resorts will undertake improvements of Avenida Almeida Ribeiro, a main peninsula thoroughfare, and upgrade the Macau Palace, its “floating casino.”
U.N. Concerned about Mekong Money Laundering
The United Nations has expressed reservations about casinos in Southeast Asia’s Mekong region, concerned they are channels for organized crime entities to “traffic various illicit goods and launder money.”
Macau CE Applauds Casinos’ Non-Gaming Efforts
Macau Chief Executive Ho Iat Seng (l.) says he’s satisfied with efforts by the city’s Big 6 casino operators to bring more non-gaming amenities to the Chinese SAR.
EUROPEAN GAMING More
Germany Looks Closer at Loot Boxes
German lawmakers are increasingly interested in regulating the loot boxes commonly found in video games. This was a hot topic at the Federal Congress on Gaming and Gambling.
Paddy Power Shutters 21 Irish Shops
Seventy-eight jobs at 21 Irish wagering shops are at risk as Paddy Power recently announced their closure. Flutter UK and Ireland, which owns them, says it’s an economic move.
Greek Gaming Company Challenges €24.5 Million Fine
OPAP, based in Athens, is fighting a €24.5 million fine imposed by the Hellenic Gaming Commission (HGC). It is accused of violating Greek and EU competition terms.
GLOBAL GAMING More
Pressure on Brazil’s Senate to Approve Sports Betting Bill
Brazil’s Senate is under the gun to pass sports betting legislation that was recently passed by the Chamber of Deputies. It has 45 days to pass Bill 3626/23.
Star Looks to Put Treasury Brisbane Back Up for Sale
After an initial deal fell through earlier this summer, Star Entertainment is once again exploring options to sell its Treasury Casino and Hotel Brisbane property (l.).
Victorian Govt. Introduces Bill to Expand Gaming Oversight
The Victorian state government has introduced the Gambling Legislation Amendment Bill 2023, which would introduce a number of new harm minimization measures. It would also allow the government to step in and take control of Crown Melbourne (l.) should its remediation efforts fall short.
Colombian Regulators Seek New Advertising Standards
A bill sponsored by Coljuegos, the Gambling Authority of Colombia, seeks to regulate gambling advertising and raise industry standards.
ONLINE GAMING More
Playtech Live Secures Family Feud Franchise
Playtech has signed an exclusive deal with Fremantle to develop a live-streamed online casino game based on the legendary game show Family Feud.
SPORTS BETTING More
JPM: DraftKings, FanDuel Dominance Persists Despite Competition
A recent survey by J.P. Morgan showed that customers have a deep loyalty to DraftKings and FanDuel despite business practices by their competitors.
Maine Could Launch Sports Betting in November
The process is moving ahead, fast enough that state regulators think operators may be ready to accept wagers by mid-November. Certainly before the playoffs begin. It’s up to sportsbooks once licenses are in hand.
Aussie’s Betr To Pay Record Amount on Rugby win by Penrith
On October 1, the Penrith Panthers won their third grand final. As a result, bettors should divvy up AU$72 million on 100-1 odds for new clients. But gross profit from new customers exceeded AU$225 million.
PrizePicks, Vetnos Volley Over Charges and Counter-Charges
Vetnos LLC filed a lawsuit against PrizePicks for ripping off software. Prize Picks filed a motion to dismiss the case. And so it goes back and forth.
MLB Commish Predicts Bettors Will Wager During Games
In an interview on the Marchand and Ourand Podcast, Major League Baseball Commissioner Rob Manfred (l.) acknowledged change is coming. The game will be open to intimate wagers directly on the screen during shows.
Caesars Sportsbook Launches Fire Bets
Patterning itself after the NFL RedZone, Caesars Sportsbook launched Fire Bets this week that features microbetting.
NV Books See Profits Decline in August with Football’s Arrival
Nevada sportsbooks saw a boost in handle for August, but the start of football season was not kind to bookmakers, as profits declined almost 25 percent from July.
UNITED STATES GAMING More
NV Regulators, Suppliers Continue Talks About Approval Process
Gaming suppliers and regulators from the Nevada Gaming Control Board recently held another meeting to try and advance their ongoing conversation about potentially changing or removing regulations surrounding the equipment approval process in the state.
Pennsylvania Posts Record-Breaking Revenues for 2022-23
The Pennsylvania Gaming Control Board has recorded record-breaking revenues and taxes for 2022-23. During the period, the Keystone State opened a new land-based casino and launched several online casinos.
Atlantic City Casinos Return $504 Million-Plus to State
Atlantic City’s casinos have returned more than $504 million to the state this fiscal year, a record amount that will fund public projects around New Jersey.
NV Supreme Court Orders Hotel Tax Suit to Proceed
A high-profile lawsuit that alleges several online travel firms knowingly evaded room taxes in Nevada may proceed, according to the latest ruling from the Nevada Supreme Court.
Sidewalk Vendors Banned from Las Vegas Strip
The Clark County Commission unanimously approved an ordinance banning sidewalk vendors from selling products within 1,500 feet of prominent Las Vegas attractions.
Video Gambling Revenue May Surpass Illinois Lottery
Tax revenue from Illinois’ 45,000-plus video gambling machines is catching up with the Illinois Lottery, still the state’s main source of gambling revenue. In fiscal 2023, video gambling generated $814 million compared to the Lottery’s $872 million.
Crime at Nebraska Casino a “Non-Issue”
Despite warnings of increased crime at Nebraska casinos, that hasn’t occurred at WarHorse Lincoln (l.). Police were called to the casino only 78 times in its first year of operation, according to department data.
Rio Hotel & Casino Las Vegas Reveals new Loyalty Program
Dreamscape Companies, which recently purchased the Rio Hotel & Casino Las Vegas (l.) from Caesars Entertainment, has announced a new loyalty program. It is called Rio Rewards.
TRIBAL GAMING More
Arizona Tribe’s Fifth Casino Moving Forward
Phase one of the Desert Diamond Casino, the Tohono O’odham Nation’s fifth casino and second Desert Diamond venue, will open near Glendale, Arizona by the end of 2024.
PEOPLE More
BMM Adds to C-Suite with Matthew, Olson-Reyes, Wedderspoon
BMM Innovation Group has named industry veterans Kara Matthew as chief operating officer, Laura Olson-Reyes as chief marketing officer, and payment-technology veteran Brian Wedderspoon chief revenue officer.
Pavilion Payments Names Ritchie Chief Revenue Officer
Pavilion Payments has named Steve Ritchie (l.), a veteran revenue executive, as the company’s new chief revenue officer as part of a major increase of the company’s team.
GAN’s Smurfit Resigns, McGill Assumes CEO Role
GAN Limited announced that 13-year CEO Derek Smurfit has resigned, and Board Chairman Seamus McGill has assumed the CEO role on an interim basis.
Light & Wonder Adds Yoseloff as Consultant
Light & Wonder has added Dr. Mark Yoseloff (l.), former CEO of Shuffle Master and veteran of the table-game business, to the company as a consultant on strategic initiatives.
Incredible Technologies Announces Additions to Gaming Division
Incredible Technologies recently expanded its gaming division with the addition of a new general counsel and two sales managers.
Konami Gaming Announces Sales Leadership Promotions
Konami Gaming has announced key promotions within its sales team, naming Josh Faish and Justin Torres to sales director positions and naming three other executives to director of business development posts.
GOODS & SERVICES More
Entain’s $266 Million Acquisition of Angstrom Sports Complete
Entain recently completed its acquisition of U.S. sports data analytics firm Angstrom Sports which will give the gaming operator a presence in the states.
Svenska Spel Taps Kambi for Long-Term Agreement
Kambi Group and Svenska Spel Sport & Casino recently announced they were joining forces in a long-term agreement.
Marker Trax Unveils Moolah Play
Marker Trax has launched Moolah Play, its latest offering geared towards consumers.
Light & Wonder in Growth Mode in Asia
Light & Wonder CEO Matt Wilson says the land-based casino market in Asia “is strategically very important” for the U.S. company. L&W, formerly Scientific Games, has set its sights on a larger presence in the region.
TRADE SHOWS & CONFERENCES More
Aristocrat to Roll Out New Slot Content for G2E
Aristocrat’s latest offerings for G2E include fan-favorite brands, bold licenses and new cabinets.
Acres to Showcase Latest Enrollment Innovations at G2E
Attendees of this year’s G2E show will get a glimpse into the latest enrollment innovations from Acres Manufacturing and its Foundation HQ system.
Dynamic Gaming, Spintec Join Forces for G2E
Dynamic Gaming Solutions will showcase its partnership with Slovenian ETG manufacturer Spintec Gaming Technology at this year’s Global Gaming Expo.
NUTSHELL More
NEWS & NOTES
Small Nuggets of News
THEY SAID IT More
QUOTABLE QUOTES
Outrageous pronouncements, simple statements and words of wisdom.