Investor sues esports gambling startup Unikrn, alleging securities violationJacob Wolf, ESPN · August 18, 2018 at 4:46 pmSeattle-based esports gambling startup Unikrn — which is backed by the likes of Dallas Mavericks owner Mark Cuban and Ashton Kutcher — is being sued by one of its investors, who alleges the company skirted securities law in relation to… [continue reading]
Talking Stick Resort near Phoenix delays reopening after storm damageLorraine Longhi, Arizona Republic · August 18, 2018 at 4:34 pmTalking Stick Resort and Casino near Scottsdale will not reopen Sunday as originally planned because more time is needed to repair extensive damage caused by a monsoon storm, officials said in a statement on Friday. The storm caused a major power outage at… [continue reading]
Author of North Carolina lottery law now governing chairmanAssociated Press · August 18, 2018 at 12:27 pmRALEIGH, N.C. (AP) – A former legislative leader who helped write state laws creating what’s now North Carolina Education Lottery has been elevated to chairman of the lottery’s governing panel. Gov. Roy Cooper announced Friday that Tony Rand of Fayetteville… [continue reading]
Indiana’s private lottery operator generates record profitAssociated Press · August 18, 2018 at 12:24 pmINDIANAPOLIS (AP) – The private company running most of Indiana’s lottery operations generated a record profit this past year, but still fell short of its original contract’s goal. Hoosier Lottery officials say the lottery transferred $306 million into state coffers… [continue reading]
Get a Grip: The week in sports betting and sports: PA, WV, NJ, MSBrett Smiley, SportsHandle.com · August 18, 2018 at 12:23 pmIt’s information overload everywhere, and there’s not time enough to sleep and eat and stay fully apprised of what’s happening on this crazy blue dot of ours (two out of three ain’t bad). Here’s the weekend Sports Handle item, “Get… [continue reading]
Borgata to Phil Ivey: You can pay us that $10 million you owe us nowBart Shirley, PlayNJ · August 17, 2018 at 7:05 pmThe poker world has rejoiced about the re-emergence of Phil Ivey on the tournament poker scene. Borgata Hotel and Casino would simply prefer Ivey pay back the $10 million now. In 2016, a judge ordered the poker star to pay… [continue reading]
Some Las Vegas resorts are adding a new 20 percent fee to spa and salon servicesJay Jones, Los Angeles Times · August 17, 2018 at 7:01 pmPrepare to pay more for a massage or blowout at Aria or Bellagio this month. Some MGM Resorts are adding a 20 percent mandatory fee to services at their in-house spas and salons. Officials at MGM Resorts say the fee… [continue reading]
Louisiana gaming revenue dips 5.5 percent in July, Baton Rouge market down almost 27 percentHoward Stutz, CDC Gaming Reports · August 17, 2018 at 6:50 pmA bad calendar comparison from a year ago and a smoking ban targeting restaurants and casinos in Baton Rouge pummeled Louisiana gaming revenues during July. Statewide, gaming revenue from casinos fell 5.5 percent during the month to $222.4 million compared… [continue reading]
Santa Ana Star Casino promotions mark chile seasonRozanna M. Martinez, Albuquerque Journal · August 17, 2018 at 2:00 pmThe smell of roasted chile will soon fill the air, and Santa Ana Star Casino Hotel is celebrating with some hot promotions. Chile season has arrived at the casino, with its “Roasted Riches.” Guests can earn entries with every 500… [continue reading]
Are Western States Lagging on Sports Betting? Mountain StatesRobert H. Mann, SportsHandle · August 17, 2018 at 12:00 pmThis story is the second of two detailing the latest situations in the west. To read the first installment on the status in the West Coast states, click here. Six states have either legalized sports betting or issued licenses for companies to offer… [continue reading]
Penn National seeks first Pennsylvania sports betting permitAssociated Press · August 17, 2018 at 11:59 amHARRISBURG, Pa. (AP) – Penn National Gaming is the first casino operator in Pennsylvania to apply for a license to offer sports betting in the state, now that regulators cleared it to begin. Penn National submitted a 107-page application to… [continue reading]
Penn National, William Hill US to kick-off legal sports betting in West VirginiaHoward Stutz, CDC Gaming Reports · August 17, 2018 at 11:48 amPenn National Gaming and William Hill US are on track to help West Virginia become the fourth state to launch legal sports wagering since the U.S. Supreme Court opened the gates to the activity in May. The companies announced Friday… [continue reading]
As Las Vegas and Macau Slow, Casinos Look Elsewhere for GrowthRich Duprey, The Motley Fool · August 17, 2018 at 11:08 amThe lights are dimming in Las Vegas and Macau. As a result, casino operators across the world — from the more U.S.-focused operators like Caesars and MGM Resorts to those with a greater international presence like Las Vegas Sands, Melco,… [continue reading]
Investors in defunct casino project sue Louis Cappelli for $3MBill Hetzel, WestFairOnline · August 17, 2018 at 10:41 amResort Group Investors LLC is suing White Plains developer Louis R. Cappelli for $3 million, for refusing to buy back their interests in a casino project. The group sued Cappelli and eight companies he controls on Aug. 3 in Westchester… [continue reading]
You can sign up to exclude yourself from Massachusetts casino floorsMonica Ricci, WWLP · August 17, 2018 at 10:40 amThe Massachusetts Gaming Commission and the Massachusetts Council on Compulsive Gambling are reminding residents of the Voluntary Self-Exclusion Program ahead of MGM Springfield’s opening day. The Voluntary Self-Exclusion Program allows individuals to exclude themselves from the gaming floor of all… [continue reading]
Deutsche Bank Says 3 Battered Casino and Lodging Stocks Have Huge Upside PotentialLee Jackson, 24/7 Wall Street · August 17, 2018 at 9:40 amAs the market continues to trade near all-time highs, the casino stocks have been absolutely murdered, with much of the damage done after some of the top companies reported very poor results from Macau. Once that hit the tape, the… [continue reading]
Ticket to ride: Bacta highlight safety commitment with ADIPSCDC Newswire · August 17, 2018 at 8:43 amBacta has launched an educational campaign to promote awareness of the key safety issues and responsibilities in relation to coin-operated children’s rides. The meeting, held in Peterborough, was attended by the industry’s leading importers, distributors, manufacturers and operators representing the… [continue reading]
Football Association of Ireland ‘will debate’ cutting ties with gambling firmsDaniel McDonnell, The Irish Independent · August 17, 2018 at 7:53 amFootball Association of Ireland chief executive John Delaney has refused to confirm that the association will cut its ties with gambling companies but admitted that it’s a “fair debate” to have. The FAI’s deal with official betting partner Ladbrokes is… [continue reading]
Gambling on Gambling: Will the Action Network make a billion on sports betting or be a total bust?Ben Strauss, Slate · August 17, 2018 at 5:50 amColin Cowherd has a theory about the NFL. When a good quarterback gets blown out on national television, the Fox Sports host believes, he’s likely to lead his team to victory the following week. Cowherd recently shared this hypothesis on… [continue reading]
Down-on-its-luck Atlantic City seems poised for a comebackZoe Rosenberg, New York Post · August 17, 2018 at 12:50 amThe welcome sign that hangs over the Atlantic City Expressway, ahead of its oft-photographed vista of skyscraping casinos and neon signs against an expanse of ocean, used to read “America’s Favorite Playground.” The current, somewhat deflated slogan — “Do AC”… [continue reading]
Woman wins second big jackpot at same NY casino in 5 monthsBob Fredericks, New York Post · August 17, 2018 at 12:12 amLightning struck twice for a Westchester woman who won a $1.4 million jackpot at the Empire City Casino over the weekend — the second time she’s won big at the Yonkers gaming complex in five months. The woman, identified only… [continue reading]
MGM Springfield shakes up gambling industry in Connecticut, New EnglandKenneth R. Gosselin, Hartford Courant · August 17, 2018 at 12:11 amAfter years of build-up, MGM’s $960 million Springfield casino will open on Aug. 24, bringing the deep pockets of Las Vegas to New England and promising a major shake-up in a competitive landscape where the number of casinos has tripled since… [continue reading]
THE 13 on track for August launch after MGTO grants remaining licensesInside Asian Gaming · August 17, 2018 at 12:01 amLuxury Macau hotel THE 13 looks set to open before the end of the month after being granted all required licenses by the Macao Government Tourism Office (MGTO). Macau News Agency is reporting that the MGTO has now issued THE… [continue reading]
Video game loot boxes addictive and a form of ‘simulated gambling’, Australian Senate inquiry toldPatrick Lum, The Guardian · August 17, 2018 at 12:01 amAustralian psychiatrists and researchers have called for greater regulation of video games that encourage players to purchase chance-based items, also known as loot boxes, likening them to poker machines and warning they can lead to overspending. A Senate inquiry, which… [continue reading]
Ridgecrest City Council passes casino municipal services agreement amendment 3-2Jessica Weston, The Ridgecrest Daily Independent · August 17, 2018 at 12:01 amThe Ridgecrest City Council voted three to two Wednesday to approve an amendment to the 2016 casino municipal services agreement between the city and the Timbisha Shoshone tribe. The amendment to the MSA specifies restrictions on groundwater use on the… [continue reading]
