New York Set to License Three Casinos

The first three casinos that were chosen by the New York Gaming Commission are likely to get their licenses next week at a meeting of the commission. Empire Resorts’...

Published December 21, 2015

Why DFS Matters to Gaming

What is at stake in the DFS trouble is nothing short of the credibility of gaming not just legality of daily fantasy sports. The integrity of gaming overall is...

Published December 14, 2015

WEEKLY FEATURE: RAWA History?

A hearing on the Restore America’s Wire Act held before the U.S. House Committee on Oversight and Government Reform and Chairman Jason Chaffetz (l.) is being heralded as a...

Published December 14, 2015

Ukraine to OK Gaming

Ukraine is poised to legalize and regulate gaming after a six-year prohibition (at left, a Kiev casino before the industry was shuttered in 2009). The Eastern European country reportedly...

Published December 14, 2015

More Trouble for California Card Clubs

Hundreds of FBI agents smashed an illegal gambling ring is seven states last week, raiding two card rooms in Southern California, including the Seven Mile Casino in Chula Vista...

Published December 14, 2015

New Jersey Could See Two Northern Casinos

New Jersey lawmakers led by Senate President Steve Sweeney (l.) have reached an agreement on a proposal to put before voters that would allow two casinos to be built...

Published December 14, 2015

New York Judge Shuts Down DFS

A New York state Supreme Court Judge last week ruled that all daily fantasy sports activities would be shut down until further notice. New York Attorney General Eric Schneiderman...

Published December 14, 2015

Washburn Steps Down at BIA

Assistant Secretary for Indian Affairs Kevin Washburn is wrapping up a successful tenure at the Interior Department. He plans to return to teaching at the University of New Mexico....

Published December 14, 2015

Chinese Company to Loan Baha Mar $50 Million

China Harbour Engineering Company has provided $50 million in financing to bank-appointed receivers of the stalled Baha Mar Resort in the Bahamas. The money will be used to maintain...

Published December 14, 2015

AGA Initiatives Come Fast and Furious

The American Gaming Association has been busy. Just last week the organization issued a questionnaire to Republican presidential candidates ahead of this week’s debate in Las Vegas, part of...

Published December 14, 2015

FANTINI’S FINANCE: Funny Fundamentals

Two recent cases where casino stocks took huge turns demonstrate how fickle investors can be. The fundamentals of the business in both instances changed not an iota, yet the...

Published December 14, 2015

GLOBAL GAMING BUSINESS PODCAST: Chris Stearns, Chairman, Washingon State Gambling Commission

This week, the GGB podcast features a regulatory slant, sitting down the Christ Stearns, the chairman of the Washington State Gambling Commission on the unique structure in his state....

Published December 14, 2015

WEEKLY FEATURE: Poarch Band Debuts Alabama Casino Expansion

The $65 million expansion at the renamed Wind Creek Casino & Hotel Montgomery in Alabama debuted December 1. The upgrade includes an expanded gaming floor with 2,200 machines, BB...

Published December 7, 2015

35 Casinos in Brazil?

That’s the proposed number of large-scale gaming halls that could be developed in Brazil if Senator Blairo Maggi (l.) has his way. Maggi’s so-called “Brazil Agenda” would legalize casino...

Published December 7, 2015

Massachusetts Mulls iGaming

A new bill to legalize iGaming in Massachusetts has been submitted by Senate Minority Leader Bruce Tarr (l.), who believes that online casinos will help the still-to-open state casinos...

Published December 7, 2015

China’s Anti-Corruption Laws Hit Singapore Casinos

Anti-corruption policies in the Peoples Republic of China have created tidal effects on Singapore’s casinos, with Genting Singapore’s Resorts World Sentosa (l.) reporting nearly a 50 percent decline in...

Published December 7, 2015

Florida Supreme Court Takes On Slots

In a case that could significantly impact Florida gambling, the state Supreme Court announced it will rule if Gretna Racing in Gadsden County can install slots without legislative approval....

Published December 7, 2015

Rumors on Bermuda Casino Timeline Rejected

The leaders of the Bermuda Casino Gaming Commission denied rumors of a quick timeline on the establishment of casinos on the island, and that sites had been selected. Alan...

Published December 7, 2015

Fantasy Sports Companies Face Uncertain Future

With few legislative developments in the daily fantasy sports battle this week, several small fantasy companies, such as European-based Mondogoal, have quietly taking actions to prepare for changes that...

Published December 7, 2015

Coral’s Leaver on Merger: ‘A Great Deal’

Coral Gala CEO Carl Leaver (l.) has responded to criticism by Irish billionaire Dermot Desmond, who said a merger of the UK bookmaker with rival Ladbrokes would be disastrous...

Published December 7, 2015