Washington Sportsbook Failures Driving Bettors to Virginia

Steve Cimino likes to bet on sports. He also doesn’t own a car. Yet instead of placing a bet from his living room in Washington D.C. he pedals to...

Published November 14, 2022

AGA: Records Fall

Revenues are continuing to flow in to U.S. commercial casinos at unprecedented levels. The third quarter numbers again smashed records but have did we learned about this trend going...

Published November 14, 2022

Wells Fargo, Boston Consultancy Report Offers Tribal Economic Path

A consultant’s report on the financial state of Native American tribes talks about the improvements needed for self-sufficiency. The paper also offers ways to increase entrepreneurial participation.

Published November 14, 2022

GLOBAL GAMING BUSINESS PODCAST: Harald Neumann, Chief Executive Officer, Ainsworth Game Technology

This week, the GGB Podcast features a discussion with Harald Neumann, the CEO of Ainsworth Game Technology on how his company is progressing in the Americas particularly in the...

Published November 14, 2022

North Dakota Tribes Lose Plea to Host iGaming, Sports Betting

Five North American tribes had asked North Dakota Governor Doug Burgum (l.) for permission to run internet gambling and sports betting, but he rejected their request.

Published November 14, 2022

Washington Sportsbook Failures Driving Bettors to Virginia

Steve Cimino likes to bet on sports. He also doesn’t own a car. Yet instead of placing a bet from his living room in Washington D.C. he pedals to...

Published November 14, 2022

Mattress Mack Wins Record $75 Million After Houston Wins Title

Jim “Mattress Mack” McIngvale (l., with Caesars VP of retail sports Dave Grolman) loves every sports team in his hometown of Houston. When the Astros won the World Series...

Published November 14, 2022

U.K. Could Soon End Uncertainty on Stake, Deposit Limits

The U.K. gaming giants are hoping that when the white paper recommending changes to the 2005 Gambling Act is released that it will propose standards that are industry-friendly while...

Published November 14, 2022

Crown Melbourne Issued Record Fines From Victorian Regulators

Victorian regulators have once again hit Crown Melbourne (l.) with massive fines, this time over failures related to responsible gaming initiatives. In total, the penalties add up to UA$77.7...

Published November 14, 2022

Wynn’s Billings Optimistic About Macau, VIP Business

In a third-quarter earnings call, Wynn Resorts CEO Craig Billings (l.) emphasized the positive notes in his assessment of the company’s Macau operations. He pointed to higher volume in...

Published November 14, 2022

Bally’s CEO Hints at A’s Stadium; Sisolak Says No Public Funds

For months, rumors have been connecting the Oakland A’s and the Tropicana Las Vegas (l.), as the team looks for new stadium locations. On a recent earnings call, Bally’s...

Published November 14, 2022

U.S. Commercial Gaming Surpasses $15 Billion Milestone

Commercial gaming revenues in the U.S. surpassed $15.17 billion in the third quarter of 2022, constituting a record in quarterly revenue and the first time it surpassed $15 billion....

Published November 14, 2022

WEEKLY FEATURE: Arbitrator Says Fox Has 10 Years to Buy Stake in FanDuel

In a decision that has both sides claiming victory, an arbitrator in the dispute over purchase by Fox of a major stake in FanDuel held that Fox can buy...

Published November 14, 2022

California Voters Defeat Sports Betting Props By Wide Margins

As expected, both sports betting propositions were defeated in California. Votes were not even close. The legislature may step in, but there’s bad blood between tribes and lawmakers—cardrooms too....

Published November 14, 2022

GGB PODCAST: Ismail Vali, CEO, YieldSec

This week, in a special edition of the GGB Podcast, we feature a discussion with Ismail Vali, the CEO of YieldSec, a company that has a solution to the...

Published November 7, 2022

I Told You So

The enthusiasm surrounding legal sports betting in California was sky high less than one year ago. But those enthusiastic observers didn’t know California or the power of the tribes....

Published November 7, 2022

A Quick Look at Protecting the Alternative Games: Three Card Poker

Alternative games are usually lucrative for the casino operator and are hard to beat, especially when the player is cheating. There are exceptions to the rule, however, and table-game...

Published November 7, 2022

Voters Prepare to End the California Sports Betting Debate

The battle between Props 26 and 27 in California, which would legalize sports betting for either tribes or online bookmakers respectively, has become an epic, months-long fight that has...

Published November 7, 2022

GGB PODCAST: Soo Kim, Chairman, Bally’s Corp.

This week, the GGB Podcast features a discussion with Soo Kim, the chairman of Bally’s Corp., on his efforts to build a company that’s a leader in online gaming,...

Published November 7, 2022

FANTINI’S FINANCE: A Tale of 2 Markets

Even though business remains strong for U.S. casino companies, the onslaught of interest hikes may eat away at some of the market’s progress, representing a long-term value proposition. Macau,...

Published November 7, 2022