AGEM Index ends streak with a November decline CDC Gaming Reports · December 6, 2021 at 12:11 pm A month after setting a new record high, the AGEM Index fell by 117.72 points in November to settle at 960.19, a 10.9 percent decline. Still, year over year, the Index is up 328.47 points for an annual growth rate of 52 percent. The index is at its highest levels in history, tripling in value since the onset of the pandemic in March 2020. In November, all AGEM Index companies reported decreases … [Read more...]
DraftKings and BetMGM triumph at inaugural SBC Awards North America SBC · December 6, 2021 at 11:21 am DraftKings, BetMGM, IGT PlaySports, and Scientific Games were among the big winners at the glittering SBC Awards North America 2021 ceremony in New York City. The inaugural edition of the awards saw an audience of more than 400 executives from the U.S. and Canadian sports betting and igaming sector gather at The Edison Ballroom for a celebration of the industry’s achievements over the last 12 … [Read more...]
AGA adds NY Knicks and Rangers, MSG, to responsible gaming campaign Rege Behe, CDC Gaming Reports · December 6, 2021 at 11:19 am The Big Apple's premier sporting franchises have joined efforts to promote responsible gaming. The American Gaming Association Friday announced that Madison Square Garden Sports and Madison Square Garden Entertainment, parent companies of the New York Knicks, New York Rangers, and Madison Square Garden, will partner in its “Have a Game Plan. Bet Responsibly” campaign. “With the continued … [Read more...]
Grosvenor Casinos embeds Tangam Systems to ensure gaming efficiency CDC Newswire · December 6, 2021 at 9:00 am Waterloo, Canada: December 1st, 2021 – Tangam Systems is delighted to announce its partnership with Grosvenor Casinos to deploy its award-winning, flagship Table Games Management (TYM) software. As the UK’s largest casino operator with operations across Europe, Grosvenor Casinos will utilize TYM to improve efficiency, transparency and decision-making for their table games operations. “We are … [Read more...]
First sports betting bill of 2022 filed in Missouri as neighbor states flourish Jill R. Dorson, Sports Handle · December 5, 2021 at 7:08 pm Legislation that would allow for statewide mobile and retail wagering with digital platforms tethered to gambling boats has been introduced in Missouri. The bill — which appears to the be the first filed for the 2022 legislative season anywhere in the U.S. — marks the fifth consecutive time that Missouri lawmakers will consider legal sports betting since the Professional and Amateur Sports … [Read more...]
Ohio lawmakers are pushing for legal sports betting by end of the month Bennett Wise, WKEF-TV · December 5, 2021 at 7:06 pm Ohio looks to join 32 others in being able to legally bet on professional and collegiate sports on your smartphone, laptop, casinos and restaurants. “The people want this,” Senator Niraj Antani, R-Miamisburg and Sponsor of Senate Bill 176 said. “Everywhere I go, the number one question I get is, ‘when is legalized sports betting coming into Ohio?’” The answer? Hopefully soon says Sen. … [Read more...]
Celine Dion’s return to Las Vegas might not happen until fall 2022 John Katsilometes, Las Vegas Review-Journal · December 5, 2021 at 7:04 pm The Theater at Resorts World Las Vegas is officially a player on the Strip residency scene. Carrie Underwood’s smash-splash opening of “Reflection” at the regal venue, to be followed by Katy Perry and Luke Bryan, has assured the Theater will be an international destination for the long term. What is not in focus is when Celine Dion, her performances shelved for health concerns, will perform in … [Read more...]
Ontario: North Bay casino on schedule to open in early 2022 Chris McKee, North Bay Nugget · December 5, 2021 at 6:59 pm The Cascades Casino in North Bay, originally scheduled to open in 2020, is back on track with an opening date in early in 2022. The company said the official opening date will be announced shortly. The site of the North Bay casino off Pinewood Park Drive broke ground in 2019, but construction was derailed due to the COVID-19 pandemic. However, construction resumed once again in April of this … [Read more...]
New York: Seneca Gaming names Craig Clark chief operating officer Olean Times Herald · December 5, 2021 at 6:51 pm Seneca Gaming Corporation has named Craig Clark, an executive with nearly 30 years of experience in the gaming and hospitality industry, as the company’s chief operating officer. Clark will be responsible for the overall business efficiency, including driving revenue, profitability and growth at Seneca Gaming’s three properties — Seneca Niagara Resort & Casino, Seneca Allegany Resort & … [Read more...]
Louisiana: In St. Tammany casino battle, voters try to discern what’s true – and what’s not Marie Fazio, nola.com · December 5, 2021 at 6:46 pm In the battle royale over the fate of the Camellia Bay Casino, the truth has taken a back seat at times. Or, at least, different versions have competed for attention. It’s been nearly six months since the St. Tammany Parish Council voted to let St. Tammany voters decide whether Peninsula Pacific Entertainment can build and operate a casino and resort near Slidell. Since then, mailboxes have … [Read more...]
EDITORIAL: Court ruling a wake-up call for better approach to gambling in Florida The Palm Beach Post Editorial Board · December 5, 2021 at 6:43 pm Just when it appeared Florida was on its way to becoming a gambling mecca, a federal judge invalidated an agreement between the state and the Seminoles that would have given the tribe a monopoly on online sports betting here. On Nov. 22, U.S. District Court Judge Dabney L. Friedrich ordered the U.S. Department of Interior to throw out the 2021 gaming compact Gov. Ron DeSantis reached with the … [Read more...]
Despite no fiscal analysis for public, PILOT bill on fast track in New Jersey legislature Michelle Brunetti Post, The Press of Atlantic City · December 5, 2021 at 6:39 pm There is no financial analysis available to the public on bills to amend the Atlantic City casino payment-in-lieu-of-taxes legislation, but the Senate version is set to move forward in the budget committee Monday. Former state senator and Superior Court Judge Steven Perskie, who is advising Mayor Marty Small Sr., said last week he and city officials relied on an analysis by the state … [Read more...]
Losses by large companies show pandemic still affects Las Vegas and Macau Richard N. Velotta, Las Vegas Review-Journal · December 5, 2021 at 6:34 pm The theory gaming industry analysts hypothesized months ago appears to be holding true: Companies operating on the Strip and in Macao are struggling more than their regional counterparts. Third-quarter earnings reports wrapped up late last month and the numbers show there’s still a way to go before we can say the pandemic is behind us, even as Nevada continues to break records for monthly … [Read more...]
DraftKings draws a losing hand in 2021, faces challenges in online gambling Aaron Pressman, The Boston Globe · December 5, 2021 at 6:28 pm Like a poker player drawing nothing but rags, DraftKings chief executive Jason Robins has faced a run of bad luck this year that’s cut his company’s stock price in half since March. It’s a rude shock for the CEO, who likes to throw out jaw-dropping goals for the nine-year-old Boston company. After comparing DraftKings a few times to e-commerce titan Amazon, Robins has said his online … [Read more...]
Dutch regulator takes action against 15 affiliate websites Robert Fletcher, iGaming Business · December 5, 2021 at 6:23 pm Dutch regulator de Kansspelautoriteit (KSA) has taken action against 15 affiliate websites it said were advertising illegal online games of chance to players in the country. From a total of 22 investigations, the regulator identified 15 websites that had breached the Dutch Gambling Act and were as such deemed to have broken national law. KSA did not disclose the identity of any of the … [Read more...]
Tombola to charge Dutch affiliates €1125 per website for compliance check Ted Orme-Claye, SBC News · December 5, 2021 at 6:21 pm Tombola has become the first operator to require affiliates to complete a mandatory compliance check before commencing operations with the company, specifically those serving the Dutch market. The international online bingo website now requires all Netherlands-facing affiliates to undergo a compliance check with XY Legal Solutions BV at a cost of €1125 per website, with no other legal firms … [Read more...]
Denmark’s GGR declines by 25.6% in October Gambling Insider · December 5, 2021 at 6:19 pm Denmark’s gambling revenue fell by 25.6% in October, according to figures published by the country’s top regulator Spillemyndigheden. Gross gaming revenue (GGR) from all activities amounted to DKK 525m ($79.8m), down by DKK 40m from September and DKK 181m from the same month last year. This can be attributed to a continued decline in nearly all areas, especially sports betting which has … [Read more...]
New casino opens at all-inclusive resort in Antigua Caribbean Journal · December 5, 2021 at 6:18 pm A brand-new casino has officially opened its doors at the Royalton Antigua, Caribbean Journal has learned. It’s called Casino Royale, and it’s the sister gaming operation to the famous Casino Royale in St Maarten, a big new addition to Marriott’s Autograph Collection all-inclusive resort on the island. The 4,305-square-foot casino has more than 80 slot machines; six table games; 10 … [Read more...]
Can fixed odds turn horse racing from sport of kings to king of sports? John Brennan, NJ Online Gambling · December 5, 2021 at 6:03 pm Todd Buckingham, the CEO of Australian-based BetMakers, turned some heads in the horse racing world this summer with his projection for how dramatic a move it would be to bring fixed odds alongside the traditional parimutuel wagering system. “We believe that horse racing has the potential to be the largest sport in the U.S., including basketball, American football, and baseball,” Buckingham … [Read more...]
Macau ‘junket king’ Alvin Chau’s life in the limelight goes bust after arrest Sammy Heung, Gary Cheung and Raquel Carvalho, South China Morning Post · December 4, 2021 at 7:33 pm With his signature slicked-back hair and well-tailored suits, Alvin Chau Cheok-wa looked more like a celebrity than a businessman as he basked in the limelight, often with his beautiful Malaysian-American mistress draped over his arm. Last weekend, Chau, the boss of Macau’s largest casino junket operator, made the headlines again, but this time in handcuffs. The chief executive of Suncity … [Read more...]
Seminole Tribe suspends Florida online sports betting app after appeals court denies stay Associated Press · December 4, 2021 at 6:09 pm HOLLYWOOD, Fla. (AP) - The Seminole Tribe of Florida shut down its online sports betting app Saturday after being dealt its latest legal defeat in a case that has halted a massive expansion of gambling throughout Florida. The tribe said it will temporarily stop taking bets on its Hard Rock Sportsbook app in response to a federal appeals court decision rejecting its request to allow wagering to … [Read more...]
Churchill Downs to explore sale of betting unit TwinSpires Gillian Tan and Christopher Palmeri, Bloomberg · December 4, 2021 at 6:06 pm Churchill Downs Inc. is exploring options including a sale of TwinSpires Racing, the official betting partner of the Kentucky Derby among other races, according to people with knowledge of the matter. The shares rose on the news. The Louisville, Kentucky-based company is working with an adviser to solicit potential interest in the wagering platform, said the people, who requested anonymity … [Read more...]
Scientific Games has growth potential, according to analyst David McKee, CDC Gaming Reports · December 4, 2021 at 5:59 pm Scientific Games' leadership was full of good news for investors when it met with Truist Securities analyst Barry Jonas. Its Kascada game cabinet, launched at Global Gaming Expo, was described as the fastest-selling cabinet in Scientific's history, double the numbers of the predecessor J43. Indeed, the premium-game sector of SGMS products was seeing what were characterized as record numbers and … [Read more...]
IGT reaffirms responsible-gaming leadership with World Lottery Association recertification CDC Gaming Reports · December 4, 2021 at 5:58 pm International Game Technology announced Friday that its lottery operations, including ilottery, have been recertified by the World Lottery Association (WLA) for WLA's Corporate Social Responsibility Standards and Responsible Gaming Framework for Suppliers. WLA created the responsible-gaming standards to minimize the impact of problem gambling by promoting a worldwide accreditation program for … [Read more...]
Desert Diamond Casino joins Arizona’s sports wagering game Arizona Daily Star · December 4, 2021 at 5:56 pm Desert Diamond Casino is joining the sportsbook game, just in time for college football’s championship season. The casino, at 1100 W. Pima Mine Road in Sahuarita, opened six new automated sports betting kiosks during a ribbon-cutting on Thursday morning. The kiosks, located adjacent to Desert Diamond’s sports bar, allow fans to bet on games at any time. The sports gambling will be locally run … [Read more...]
