Casino executives excited about what the Raiders and a $1.8 billion stadium will bring to Las Vegas visitationBuck Wargo, CDC Gaming Reports · February 21, 2019 at 7:39 pmIt snowed on the Las Vegas Strip Thursday, but the weather’s not getting in the way of construction of the $1.8 billion Las Vegas Stadium, whose steel frame highlights the gray sky. Casino executives are excited about the extra visitors… [continue reading]
Management shake-up; MGM’s CFO departs as part of the company’s cost-cutting effortsHoward Stutz, CDC Gaming Reports · February 21, 2019 at 6:24 pmMGM Resorts International announced Thursday that Chief Financial Officer Dan D’Arrigo was resigning from the casino giant, saying the long-time executive was taking advantage of a voluntary resignation program offered through the company’s MGM 2020 cost cutting effort. D’Arrigo, who… [continue reading]
Lucky Player Wins Largest Jackpot in VGT History at Riverwind CasinoCDC Newswire · February 21, 2019 at 4:43 pmA lucky player hit the jackpot recently, winning $1,117,047.93 playing VGT’s $uper Hit$ Jackpot$ at Riverwind Casino in Norman, Okla. The jackpot is the largest in VGT history. The winner was playing VGT’s Smooth As Silk game when the mechanical… [continue reading]
Arkansas Senate approves funding plan for state’s highwaysAndrew DeMillo, Associated Press · February 21, 2019 at 4:13 pmLITTLE ROCK, Ark. (AP) – The Arkansas Senate has approved a plan to raise fuel taxes and tap into expected casino revenue to increase funding for the state’s highways. The Senate voted 27-8 Thursday for a key part of Gov…. [continue reading]
Other football leagues seek boost from legal sports bettingWayne Parry, Associated Press · February 21, 2019 at 3:43 pmATLANTIC CITY, N.J. (AP) – The National Football League is king when it comes to legal sports bets, but other professional gridiron leagues are looking to embrace and profit from it, too. Casino sportsbooks are already taking action on the… [continue reading]
Sports-Betting Startup Wins Backing From Big League Team OwnersIra Boudway, Bloomberg · February 21, 2019 at 3:32 pmAction Network Inc., a digital startup looking to capitalize on the spread of legal sports betting, completed a funding round that attracted team owners from baseball, basketball and hockey, along with the former owners of the Ultimate Fighting Championship. The… [continue reading]
Reduced lawsuit settlement helps Scientific Games reverse fourth quarter loss; revenue tops forecastMatthew Crowley, CDC Gaming Reports · February 21, 2019 at 3:11 pmA federal lawsuit settlement and an operating income boost helped Scientific Games post a fourth-quarter net income Thursday, reversing a year-earlier loss. The company’s revenue also topped Wall Street forecasts. In a statement, the Las Vegas-based gaming equipment manufacturer said… [continue reading]
LVCVA to sell the 10 acre parcel where Riviera once stoodBryan Horwath, Las Vegas Sun · February 21, 2019 at 3:01 pmA piece of real estate fronting the Strip is expected to go on the market soon. The Las Vegas Convention and Visitors Authority plans to sell a 10-acre parcel where the Riviera once stood, authority CEO Steve Hill said. “We… [continue reading]
Indiana: Gary casino bills clear Senate committeeCraig Lyon, Chicago Tribune · February 21, 2019 at 3:00 pmProposed legislation that would allow a Gary casino to move on land and shift a second gaming license to Terre Haute is moving forward. The Indiana Senate Appropriations Committee on Thursday advanced a pair of bills that would allow Gary’s… [continue reading]
Aristocrat Further Enhances Oasis 360 with Purchase of Digital Assets and IP from SIC InnovationsCDC Newswire · February 21, 2019 at 2:46 pmLAS VEGAS (February 21, 2019) – Aristocrat has purchased the source code and IP of SIC Innovations as it relates to the casino mobile technology known as PlayerMax. The result of the purchase is SIC’s PlayerMax mobile technology is now… [continue reading]
Kentucky lawmakers place their bets on sports gamblingGeoff Mulvihill, Associated Press · February 21, 2019 at 1:49 pmKentucky’s public employee pension system, $39 billion in the red, is among the worst-funded retirement plans in the country and has vexed lawmakers for years as they sought a solution. Now some lawmakers think they’ve found at least a partial… [continue reading]
Snow in Las Vegas! Strip gets first white stuff in decadeKen Ritter, Associated Press · February 21, 2019 at 1:43 pmLAS VEGAS (AP) – A winter storm brought rare snowfall to the Las Vegas Strip, dusting casino marquees and prompting revelers to erect a snowman near the famous “Welcome to Las Vegas” sign. A half-inch (1.3 centimeters) of the white… [continue reading]
AGA report: Oklahoma casino gaming industry provides economic opportunities for local communitiesCDC Gaming Reports · February 21, 2019 at 1:41 pmA new American Gaming Association study has shown that the Oklahoma casino gaming industry supports more than 75,000 jobs in the state and has an annual statewide economic impact of $9.8 billion. The trade group announced its findings Thursday at… [continue reading]
International business on board for inaugural ICE North AmericaCDC Gaming Reports · February 21, 2019 at 11:55 amThe inaugural ICE North America, a three-day conference dedicated to sports betting and interactive gaming, is scheduled to run May 13-15 at the Boston Convention and Exhibition Center in Boston. The conference, organized by Clarion Gaming, has so far attracted… [continue reading]
DraftKings Sportsbook’s Johnny Avello Talks Oscars, Identifies Potential UpsetsBrett Smiley, SportsHandle · February 21, 2019 at 11:09 amThe 91st Academy Awards ceremony will mark at least two milestones: it will be the first time since 1989 that the show will go on without a host, and the first time that U.S.-based sportsbooks will be offering legal betting… [continue reading]
Indiana Committee Passes Sports Betting Legislation, Setting Stage For Senate VoteBrian Pempus, USBets · February 21, 2019 at 10:45 amOn Thursday, the Indiana Senate Appropriations Committee voted 12-0 in favor of a piece of legislation that calls for legalizing sports betting, including mobile wagering platforms, in the state. The legislation, SB 552, is a larger gambling expansion package that… [continue reading]
Despite Monmouth Park’s Success, Horse Racing Still Developing Model For Integrating Sports BettingMatt Rybaltowski, USBets · February 21, 2019 at 9:14 amFor the first time in the 148-year history of Monmouth Park, the racetrack in Oceanport, New Jersey opened its doors on Thanksgiving Day for simulcast racing. That was just one of several recent positive signs at the venerable track near… [continue reading]
UK Gambling Watchdog Consults On Gaming Machine Credit Card BanAnna Farley, Alliance News · February 21, 2019 at 7:51 amThe UK Gambling Commission on Thursday launched a consultation on the use of credit cards in online betting, as well as other gaming machine limits. The watchdog is seeking submissions on whether gambling with borrowed money should be restricted or… [continue reading]
Indiana lawmakers could approve a Terre Haute casino. But that may mean picking winners and losersKaitlin Lange, Indianapolis Star · February 21, 2019 at 6:47 amFor years the owners of Rising Star Casino in southeast Indiana have lobbied lawmakers to allow it to open a casino in Terre Haute using some of its excess, unused slots and table games. This year, the odds are looking… [continue reading]
Have casinos helped fund education across Mississippi?Mary Perez, The Sun-Herald · February 21, 2019 at 6:43 amEvery time he speaks to Rotary, Kiwanis or other groups, Larry Gregory says people ask if casino tax revenue isn’t supposed to be pumping millions of dollars into schools across Mississippi. Every time he tells the audience it’s a misconception,… [continue reading]
Massachusetts gambling regulators authorize settlement in Wynn lawsuitPhilip Marcelo, Associated Press · February 21, 2019 at 12:05 amBOSTON (AP) – A settlement is pending in casino mogul Steve Wynn’s lawsuit seeking to block the release of Massachusetts’ investigation into allegations of sexual assault against him. The Massachusetts Gaming Commission voted Wednesday to authorize its legal counsel to… [continue reading]
Melco now planning to include gaming space in Studio City Phase 2Ben Blaschke, Inside Asian Gaming · February 21, 2019 at 12:02 amMelco Resorts and Entertainment has changed its tune on the inclusion of gaming in Studio City Phase 2, revealing that new gaming space is now planned as part of the upcoming expansion of the Macau integrated resort. The addition of… [continue reading]
China slowdown hits high-roller spending at Packer’s Crown casinosNick Toscano, Brisbane Times · February 21, 2019 at 12:01 amJames Packer’s casino giant Crown Resorts has suffered a steep drop in spending by wealthy high-roller gamblers coming from China, as the Chinese economy grinds to its slowest growth in nearly three decades. “Chinese people, like Australian people, are suddenly… [continue reading]
Illinois Governor Pritzker’s $39B budget relies on taxing marijuana, bettingJohn O'Connor, Associated Press · February 21, 2019 at 12:01 amSPRINGFIELD, Ill. (AP) – New Illinois Gov. J.B. Pritzker proposed a budget Wednesday that relies partly on tax revenues from two industries that currently aren’t even legal in the state, which is saddled with billions of dollars in pension obligations… [continue reading]
Becky Harris joins UNLV International Center for Gaming Regulation as academic fellowUNLV News Center · February 20, 2019 at 9:31 pmFormer Nevada Gaming Control Board chairwoman Becky Harris has joined the UNLV International Center for Gaming Regulation (ICGR) as an academic fellow with an emphasis in the study of sports betting. The fellowship will support the ICGR’s expanding role in… [continue reading]
