
Archive: Vol-22-No-11-March-18-2024







Policymakers Do Not Have ‘Luxury’ of Ignoring iGaming
Currently, the debate as to whether the emergence of iGaming is to be viewed as a blessing or a curse by its land-based counterparts is one of the hottest in the entire industry, with research and hot takes coming from both sides. In today’s Daily Update, industry expert and former regulator Michael Pollock (l.) makes the case that both verticals can indeed benefit from each other.






The Gaming Impact of New European Legislation on Apple's App Store
Apple’s App Store recently came under the purview of updated European legislation—Stuart Godfree (l.), managing director of gaming software provider and app builder mkodo, breaks down how these changes affect the betting and gaming space.






Study: Influencers ‘Enhance Appeal’ of Gambling
Celebrities and social media influencers in gambling ads are giving the pastime legitimacy, increasing its social acceptance and otherwise normalizing the activity for young people, says new research.






Bally’s Considers New Takeover Bid Amid Flurry of Developments
If there was a phrase to describe the recent activity surrounding Bally’s Corp., it would likely be, “when it rains, it pours.” The operator has several high-profile developments cooking at once, both online and land-based, and recently received another takeover bid from Standard General, heavily discounted from the first just two years ago.
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WEEKLY FEATURE: Alabama Continues Gaming Push as Senate Approves Modified Bill
The Alabama Senate approved a bill allowing a state lottery and historical horse racing machines at seven locations. The measure now returns to the House, which could approve the measure or send it to a conference committee.
Related Companies, Wynn Detail Hudson Yards Proposal
Real estate developer Related Companies and Wynn Resorts have unveiled new renderings of its proposed casino resort development (l.) at Hudson Yards West in New York City.
Missouri Legislator Proposes Gaming Machine Regulation
Missouri House Minority Leader Crystal Quade (l.) introduced a bill to legalize and regulate gaming machines that continue to spread statewide. The measure also would legalize and regulate sports betting.
Macau Operators Work to Strengthen Premium Mass
Casino operators in Macau, buoyed by post-pandemic visitation, are working to solidify their positions in the competitive marketplace. All are focused on catering to high-end premium mass customers.
Chilean Senate Begins Work on new Gambling Framework
Last year, Chile’s government departments failed to hammer together a new federal gambling structure. This year the Senate and National Congress hope to finalize the new Federal Gambling Bill.
Lithuania Moves Toward Banning Gaming Ads
Lithuania is moving toward legislation that would completely ban gaming marketing and require operators to track problem gambling. This would amend the existing Gambling Law.
Minnesota Senate Committee Doubles Tax Rate in Bill
Minnesota lawmakers want to double the proposed wagering tax rate after previously eliminating in-game wagers.
Florida Parimutuels Ask Courts to Stop Online Sports Betting
For Florida and the Seminoles, online sports betting has been a huge success. You’d never know the two parimutuel companies are still suing. They await decisions as to whether high courts will bring up their case.
Maryland Operators Split on iGaming
At recent hearings before lawmakers, four of six Maryland casino operators came out in support of legal iGaming, but two were unconvinced. Several bills on the docket would place iGaming under control of the state lottery.
FANTINI’S FINANCE: Get in Where You Fit in
The IGT-Everi megadeal has not exactly sent the tickers spinning as of yet, and although long-term prospects still look promising, it represents a stark reminder that more deals, more bids and more M&A proposals will be coming as the industry matures and executives look for new ways to create value.
GGB PODCAST: Tim Miller, Executive Director of Research, U.K. Gambling Commission
For many months, there has been a lot of conversation and debate surrounding every aspect of the U.K. gaming industry, and the U.K. Gambling Commission has been at or near the center of all of it as stakeholders work to come together on various reforms. Tim Miller (l.), the commission’s executive director of research, has played a pivotal role in helping to move the process forward.
GGB Podcast sponsored by Pavilion Payments.
ASIAN GAMING More
Nagasaki Partner Won’t Appeal IR Decision
The head of Kyushu Resorts, which partnered with Nagasaki Prefecture and Casinos Austria in a bid for an integrated resort, says the firm will not appeal the Japanese government’s decision to reject the proposal.
Thai Casino Study Set for Release
A second feasibility study on legal casinos in Thailand is expected to reach the House of Representatives next week. An initial study, completed in 2022, recommended up to five “entertainment complexes” with casinos.
Macau Casino Execs Tout ‘Multi-Stop’ Cultural Tours
Pansy Ho of MGM China and Francis Lui of Galaxy Entertainment Group are promoting broad-based cultural tourism that would include stops in Macau, Hong Kong, and Mainland Chinese cities.
EUROPEAN GAMING More
UKGC Names New Industry Forum Board
New members of the U.K. Gambling Commission’s “Industry Forum” are scheduled to begin meeting March 21. They join Forum chairman Nick Rust, who was appointed late last year.
Iran Dismantles U.K.-Linked Gaming Network
The Ministry of Intelligence and Security (MOIS) of the Islamic Republic of Iran has shut down an illegal online gambling ring linked to the U.K. It also arrested five people who it alleges were managers in the network.
GLOBAL GAMING More
Crown CEO Optimistic on Profitability Outlook for Crown Sydney
Crown Resorts CEO Ciarán Carruthers (l.) recently gave new comments on the future of Crown Sydney, affirming that the property can regain profitability if the casino component can find a new, successful business model moving forward.
Argentine Mayor Lobbies for Atlantic Coast Casino
The Casino Complex in Necochea, Buenos Aires province, Argentina that closed due to structural problems and later partially burned, could get some love from the state government. So promised Governor Axel Kicillof.
José Manssur: Trust the Brazilian Gaming Market
José Manssur (l.), the former advisor of the Ministry of Finance who led the Brazilian effort to legalize online betting and gaming, had a message for the first ever SBC Summit Rio: “Trust the market.”
ONLINE GAMING More
Addabbo: Budget Won’t Include iGaming
New York state Senator Joseph Abbaddo (l.) says the fact that the Senate’s budget does not include reference to online casino revenue means iGaming likely won’t pass this year.
Excitement Grows for Alberta iGaming Growth
The Alberta provincial government has earmarked money in its latest budget for an analysis of its regulatory structure, leading many to wonder whether or not the province could be the next to adopt an open, regulated market like Ontario.
SPORTS BETTING More
FanDuel to Take Over D.C. Lottery Betting Platform
Only folks who live or work in D.C. have to live in a cave to be unaware of the massive problems GambetDC has wrought. Help is on the way in the form of number one operator FanDuel.
North Carolina Launches Sports Betting in time for March Madness
If there's one thing North Carolina knows, it’s college basketball. Call it serendipity that the state launched online sports betting just in time for college basketball’s premiere event.
Georgia Sports Betting a Longshot but Still in Play
Georgia ends its legislative session March 28. The House has just begun talking about the Senate sports betting bill. No vote is planned as of March 15. Do the math. Yet people have hope as long as politics does not intrude.
NCAA to Probe Point Spread at Temple-UAB Game
Temple University has a long, proud basketball history so it seems unlikely their loss against the University of Alabama at Birmingham is an anomaly. Still, the NCAA will look at the point spread and rebounding issues.
UNITED STATES GAMING More
Louisiana Judge Strikes Down HHR
A Louisiana judge has held that historical horse racing machines, now live in state racetracks, constitute an illegal expansion of gambling under the state constitution.
Virginia House Approves Petersburg Casino Referendum
A bill allowing a casino in Petersburg, Virginia cleared the Senate and returned to the House for a second vote. A special session could be held in November, followed by a Petersburg voter referendum.
AC PILOT Suit Picks Up Again March 20; Millions at Stake
An appellate court standoff between the state of New Jersey and Atlantic County over payments to the PILOT program comes back to life March 20. The battle over the fate of casino dollars hangs in the balance.
Arkansas to Open New Casino License Application Period
The Arkansas Racing Commission could start accepting new applications for the state’s fourth and final casino license in Pope County as early as May. It’s the third time the state will grant a Pope County license, since the courts voided the previous two.
West Virginia Legislature Amends Gambling Bill
The West Virginia Legislature amended a bill that would have required gambling operators to provide player activity data to West Virginia University researchers who would analyze problem gambling in the state.
Hard Rock Casino Rockford Opening By Labor Day
The Hard Rock Casino in Rockford, Illinois is expected to open by Labor Day, September 2, officials said. The $310 million, 180,000-square foot venue will offer a casino with 1,300 slots, 44 table games and a sportsbook, plus restaurants, retail and a performance space.
Mississippi Riverboat Gambling Bill Dies
A bill that would have authorized riverboat gambling in Jackson, Mississippi on the Pearl River, or along adjoining bodies of water, died in the Senate Gaming Committee.
Stockton University Graduates First 23 from Casino Program
A new program based at Stockton University in Atlantic City just graduated its first 23-student class. It offers an eight-week Integrated Casino Resorts Operations Certificate.
Bill Would Allow PA go Join Multi-State Poker Compact
A bill introduced in the Pennsylvania Legislature would allow the state to join the Multi-State Internet Gaming Agreement, to pool online poker pots with other states.
TRIBAL GAMING More
Coushatta Tribe Breaks Ground on Resort Expansions
The Coushatta Tribe will hold a groundbreaking ceremony including trial dancers and drummers at its casino resort in Kinder, Louisiana. The $150 million project will include an 8-story, 204-room luxury hotel, half to be suites.
PEOPLE More
KSA Has a New Chairman: Michel Groothuizen
Michel Groothuizen (l.), who conceived of and ultimately passed legislation creating Kansspelautoriteit (KSA,) the Dutch gaming regulator, has been named chairman. He replaces René Jansen, who served six years.
Ari Glazer Appointed CFO of Mohegan
Finance veteran Ari Glazer (l.) has been named chief financial officer of Mohegan after two decades at Citigroup.
New Steve Wynn Biopic in the Works
Steve Wynn (l.), the crestfallen casino mogul who was ousted from his namesake company in 2018 due to widespread sexual harassment allegations, will be the subject of a new biopic depicting his rise and eventual fall from grace.
BMM Testlabs Promotes Elizabeth Orola
BMM Testlabs has promoted service delivery and operations veteran Elizabeth Orola (l.) to vice president of land-based global professional service delivery.
GOODS & SERVICES More
BetMGM Monopolizes Entain’s Time, Says CEO
Entain CEO Stella David said on an earnings call of Entain’s joint venture with MGM: BetMGM took more resources and time than anticipated. It took time to realize how quickly it needed a better U.S.-oriented product.
L&W Debuts Dragon Train Amid Legal Uncertainties
As Light & Wonder debuts its fastest-selling Australian title in North America, Aristocrat pursues a lawsuit alleging it infringes on the rights to its game Dragon Link.
Ainsworth Shareholder Challenges Novomatic Sale
A shareholder of slot supplier Ainsworth Game Technology is challenging the sale of a majority of Ainsworth shares to Austria’s Novomatic AG.
NUTSHELL More
NEWS & NOTES
Small Nuggets of News
THEY SAID IT More
QUOTABLE QUOTES
Outrageous pronouncements, simple statements and words of wisdom.