Effective Gaming Policy Requires Focus on Capital Investment

The business of gaming is one that requires sound policy in order to succeed and benefit all parties. One of the biggest factors lawmakers should consider in their analyses is how the regulatory structure may impact the level of capital investment the industry could generate.

NIGC has New Acting Chairwoman

The Biden administration has named Sharon M. Avery Acting Chairwoman of the National Indian Gaming Commission (NIGC). She will also act as Associate Commissioner until a permanent chair is appointed.

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Louisiana Casino Contribution Ban Upheld

A Louisiana legislative committee originally approved an amendment submitted by state Sen. Thomas Pressly reversing the ban on casino contributions to political campaigns. However, the amendment was then rescinded due to the backlash it received.

Bell Two, Hard Rock Snafu: Another Tough Week for Star

Star Entertainment suffered PR and regulatory blows last week, when it erroneously believed it was soliciting a bid from a partner of Hard Rock International and then faced stiff criticism from state attorneys who believe it should not be granted suitability for its Star Sydney license.

U.K. Allows Debit Cards in Slots

The U.K. Gambling Commission will reportedly allow slot machines to accept cashless payments. This is considered a necessity for land-based casinos to stay competitive in an increasingly cashless market.

FANTINI’S FINANCE: Time for Regional Rumination

The regional brick-and-mortar casino industry is entering an interesting era, one marked by stiff competition from their big-market counterparts as well as online gaming and increasingly, skill games. Investors must consider which regional operators can meet these challenges and provide experiences that warrant the extra trip.

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Macau CE: Gaming No Longer Dominant in GDP

Macau Chief Executive Ho Iat Seng (l.) says the SAR’s casino industry contributed less than 40 percent of gross domestic product in 2023, indicating that gaming is no longer the primary economic driver.

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German Lawmakers Reject Gambling Sponsorship Ban

A committee of the German Bundestag (parliament) has said no to a ban on sports sponsorships by gambling companies. The sports committee listened to experts who said sponsorships are a vital source of funding for sports.

BGC Endorses U.K. Plans for Casino Modernization

The U.K.’s Department for Culture, Media and Sport’s (DCMS) new framework is badly needed, says the Betting and Gaming Council. It is also overdue and needs to be implemented without delay, says the council.

Entain may Sell ‘Non-core’ Crystalbet

International sports betting and gaming company Entain is considering selling its brand Crystalbet. The brand operates in the Caucasus nation of Georgia and is considered “non-core” to its group.

GLOBAL GAMING More

SkyCity to Pay Millions in AML Fines in Australia, NZ

SkyCity Entertainment has agreed to pay millions in anti-money laundering fines in both Australia and New Zealand. The violations, which date back several years, are said to have been eradicated by years of internal overhaul.

Argentine Lawmakers Mull Banning Gaming Ads

Legislators in Argentina are discussing a proposal to ban online gaming ads. Some call gambling addiction an “epidemic,” with one declaring, “Compulsive gambling is being a global problem . . .”

Brazil Subcommittee Will Regulate Sports Betting

Brazil’s Chamber of Deputies has formed a Permanent Subcommittee on Sports Betting Regulation. It will be the first step towards regulating sports betting since betting legislation was approved last year.

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Entain, Accel Granted Full Nevada Licenses

Entain and Accel Entertainment are now full licensees in the Silver State after the Nevada Gaming Commission granted unlimited licenses to both companies after both resolved previous regulatory issues.

Oklahoma Regulators Reject Governor’s Resolution

The Oklahoma Horse Racing Commission voted against Gov. Kevin Stitt’s (l.) resolution preventing racetracks from offering gambling machines as of January 1, 2035. Attorney General Gentner Drummond said Stitt’s proposal was “wrongheaded.”

Massachusetts Announces AI, Gaming Studies

The Massachusetts Gaming Commission is seeking researchers to study how artificial intelligence can improve the state’s gaming industry and to determine AI’s impact on responsible gaming.

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Chaszar Named Executive VP/GM At Live! Casino Louisiana

Gaming industry veteran John J. Chaszar (l.) was named executive vice president and general manager at the $270 million Live! Casino & Hotel Louisiana, opening in early 2025. It will be the first land-based casino in the Shreveport-Bossier market.

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SBC Summit America Conference to Move to Florida

SBC Summit North America will combine with SBC Summit Latinoamérica in 2025 for the SBC Summit Americas. The combined summit will move to Broward County Convention Center in Fort Lauderdale, Fla.

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