Macau Stands by Junket Tax

The Macau government will not waive a 5 percent tax on commissions paid by casinos to junkets. An industry trade group had appealed for relief, saying junkets in the...

Published May 15, 2023

Macau to Operators: Obey New Credit Rule or Pay

Gaming operators in Macau will be fined if they run afoul of a proposed new amendment to the gaming law. If passed, the law would prohibit management and sub-concessionaires...

Published May 15, 2023

Macau Mass Gaming Picks Up Steam

With mass gaming on a roll in Macau, Morgan Stanley analysts are projecting the segment could almost equal revenues for 2019. April numbers were “circa 100 percent” of pre-pandemic...

Published May 15, 2023

New York Throws Lifeline to Catskill OTB

The Catskill off-track betting corporation, recently threatened with closure by New York Governor Kathy Hochul (l.), will be able to funnel money earmarked for capital expenses to continue operating.

Published May 15, 2023

Virginia Casino Fined For Alleged Violations

Rivers Casino (l.) in Portsmouth, Virginia was fined $275,000 by the Virginia Lottery for alleged violations including underage and voluntarily excluded individuals, slot-machine licensing requirements and unauthorized games.

Published May 15, 2023

IPI Sued for Failing to Return Casino Deposits

A junket operator, BigBang Entertainment LLC, is suing Chinese-based Imperial Pacific International (IPI.) The plaintiff alleges that IPI kept funds that had been deposited at IPI’s Imperial Palace Saipan...

Published May 15, 2023

Several States Introduce Anti-Gambling Addiction Education

Five years since the U.S. Supreme Court lifted the federal ban against sports betting, the industry has expanded like a wildfire. Now some states want to throw a little...

Published May 15, 2023

Ground Broken for LVCC Renovation

The Las Vegas Convention and Visitors Authority recently held a groundbreaking ceremony to kick off the $600 million renovation of the Las Vegas Convention Center (l.).

Published May 15, 2023

Red Rock Says Durango Costs to Grow an Extra $30 Million

Red Rock Resorts has indicated that the costs for its Durango Station (l.) project have increased by approximately $30 million. Company officials said the added expenses are attributable to...

Published May 15, 2023

Colorado House Revives Bill Allowing Casino Loans

A bill to allow casinos in Colorado to extend credit to players was saved from the grave on May 6. The Colorado House originally voted 34-31 to kill the...

Published May 15, 2023

Illinois City Updates 1957 Gambling Laws

An Evanston, Illinois city council committee voted 3-2 to change its gambling laws, passed in 1957, to allow video gambling terminals in bars and restaurants.

Published May 15, 2023

Lawsuit Alleges Room Price-Gouging in AC

A proposed class-action lawsuit from Atlantic City casino-hotel customers alleges that the city’s operators colluded to artificially boost room rates.

Published May 15, 2023

Malaysian Operator Tips NY Plans

Genting Malaysia will use $1 billion from the sale of Miami assets within 48 months from the completion of the deal, according to a filing. The receipts are likely...

Published May 15, 2023

Bally’s May Offer Casino Shares To Chicago Residents

Bally’s said it may offer shares in its $1.7 billion Chicago casino (l.) to residents who “satisfy the qualification agreements.” No details have been released about the plan. Meanwhile,...

Published May 15, 2023

Kentucky Derby Wagering Sets Record

The 149th running of the Kentucky Derby set records for betting, and wagering was up as a whole for the week leading up to the famed Triple Crown race....

Published May 15, 2023

WEEKLY FEATURE: Iowa Universities Face Sports Betting Scrutiny

In the latest college betting scandal, Iowa and Iowa State universities have been notified by various organizations that their student athletes may not have acted on the straight and...

Published May 15, 2023

A’s Nix Red Rock Deal, Pivot Back to Tropicana Site

In a shocking turn of events, the Oakland A’s have pulled out of its previously announced deal with Red Rock Resorts and have decided to instead partner with Bally’s...

Published May 15, 2023

A Stupid, College-Educated White Boy

In today’s world, navigating business and politics is difficult enough, but that’s especially true if the industry is tribal gaming and the politics are in California. It’s certainly a...

Published May 8, 2023

Connecticut Tribes Seek Bill to Increase Funds for Towns

Under new legislation by Connecticut lawmakers, cities that receive tribal gaming funds could get a big increase if the bill passes.

Published May 8, 2023

Betting Scandal Rocks University of Alabama Baseball

The University of Alabama baseball program has been embroiled in controversy after head coach Brad Bohannon (l.) was fired in relation to suspicious betting activity involving the Crimson Tide....

Published May 8, 2023