Macau: Local casino exclusion requests increased in first half of 2018Macau Business · July 16, 2018 at 7:32 amThe Gaming Inspection and Co-ordination Bureau (DICJ) received 233 requests for exclusion of access to local casinos in the first six months of the year, 54 more than in the same period last year, it was announced today. Of the… [continue reading]
From casinos to cannabis: how a tiny First Nation forged a big business empireJulia Wright, CBC News · July 16, 2018 at 7:00 amIt’s a blistering July afternoon at the Edmundston Truck Stop. The air vibrates with the low rumbling of a dozen idling 18-wheelers burning fuel. For Chief Patricia Bernard of the Madawaska Maliseet First Nation, that’s the sound of money. The… [continue reading]
AC casinos risk missing football season if sports betting plans aren’t submitted MondayWayne Parry, Associated Press · July 16, 2018 at 6:53 amATLANTIC CITY — New Jersey gambling regulators are warning casinos to submit their plans for sports betting by Monday or risk not being approved in time for the start of football season. David Rebuck, director of the state Division of… [continue reading]
Pa.’s sports betting taxes so high legal bookmakers may shun stateAndrew Maykuth, The Philadelphia Inquirer · July 16, 2018 at 5:00 amWhen the Pennsylvania legislature passed a sports-wagering law last year, it placed an audacious initial bet — it set the highest fees and taxes in the nation for operators to participate in the sports-betting business. Critics say that Pennsylvania’s $10… [continue reading]
Analyst: Eldorado Resorts not done shopping for casinosHoward Stutz, CDC Gaming Reports · July 16, 2018 at 12:01 amAt least one gaming analyst believes the buying spree by Eldorado Resorts is far from over. Reno-based Eldorado has been an active participant in the current regional gaming consolidation, which will see two operators disappear by the end of the… [continue reading]
Police crack China’s first cryptocurrency gambling ringInside Asian Gaming · July 16, 2018 at 12:01 amChinese authorities have cracked an illegal cryptocurrency World Cup gambling syndicate worth more than US$1.5 billion in what is believed to be the first major instance of a cryptocurrency sports betting crime in China. The Guangdong Provincial Public Security Department… [continue reading]
Illegal Gambling Results in Loss of Millions in LebanonAlbawaba.com · July 15, 2018 at 9:27 pmWhile politicians spar over who should have jurisdiction over online gambling, illegal gambling operations remain rampant across the country and the state is believed to be losing millions of dollars as a direct result. A draft decree has been on… [continue reading]
PAGCOR rings the changesInside Asian Gaming · July 15, 2018 at 9:25 pmPhilippines gaming regulator PAGCOR has announced a series of key changes to its Gaming License and Development Department (GLDD), just months after the government called a halt to the issuance of new casino licenses. Most notable is the appointment of… [continue reading]
Magazine accuses Caesars of making “illegal donations” to politiciansAsia Gaming Brief · July 15, 2018 at 9:23 pmJapan’s largest weekly news magazine by circulation, Shukan Bunshun, has published an article accusing Caesars Entertainment of engaging in a practice which they contend effectively amounts to the bribery of Japanese politicians, but which Caesars argues is an accepted and… [continue reading]
Children ‘bombarded’ with betting adverts during World CupPamela Duncan, Rob Davies and Mark Sweney, The Guardian · July 15, 2018 at 9:20 pmBritish World Cup viewers were exposed to almost 90 minutes of betting adverts during the tournament prompting claims that children are being bombarded with messages encouraging them to gamble. From the beginning of the tournament to England’s semi-final clash with… [continue reading]
Sports betting and the Golden Nugget : A season in the sunA. D. Amarosi, Metro.us · July 15, 2018 at 9:14 pmIf any Atlantic City casino has had a roller coaster summer with sports betting, and still come out on top, it’s the Golden Nugget. In July, Golden Nugget won four prizes at the Oscars of the gaming world, the eGaming… [continue reading]
Sports betting no easy fix for U.S. gaming’s most beleaguered industriesLaila Kearney, Reuters · July 15, 2018 at 8:40 pmLong-struggling U.S. gambling industries hope to cash in on newly legal sports betting, but the growing wave of electronic and mobile gaming choices is considered more likely to change the face of those businesses rather than revive them. State lawmakers… [continue reading]
Report finds underage people accessed gaming floor at Rivers Casino in New YorkWRGB-6News Albany · July 15, 2018 at 7:44 pmA new finding from the State Gaming Commission found underage people were able to access the gaming floor at Rivers Casino. The commission report found that in April of 2017, an underage player — under 21 years of age —… [continue reading]
MGM National Harbor unveils $48 million expansion of gambling spacesMeredith Cohn, Baltimore Sun · July 15, 2018 at 7:39 pmMGM National Harbor, the Prince George’s County casino, hotel and entertainment complex, opened a $48 million expansion Sunday in response to strong demand, the casino operator said. The move adds a larger poker room, off-track horse betting in partnership with… [continue reading]
As nearby casino takes shape, Santa Fe Opera patrons sound offDaniel J. Chacón, The New Mexican · July 15, 2018 at 7:37 pmKiley Lawrence lived out a lifelong dream Wednesday from a seat in the nosebleed section of the cavernous Santa Fe Opera. “I wanted to come to the Santa Fe Opera since I was a kid,” Lawrence, 26, said after settling… [continue reading]
FanDuel sportsbook launch marks another legal sports betting milestoneBrett Smiley, SportsHandle.com · July 15, 2018 at 2:27 pmThe metamorphosis from daily fantasy to sports betting operator became complete on Saturday when the FanDuel Sportsbook launched at Meadowlands Racetrack in East Rutherford, N.J., on the same premises as MetLife Stadium, home to the New York Giants and Jets…. [continue reading]
New group enters debate over Florida greyhound-racing banFlorida Politics · July 15, 2018 at 2:25 pmGreyhound Adopters for Racing, a new non-profit group, says it has “formed to share its unique perspective on racing greyhounds.” “Racing is not ‘cruel’ or ‘inhumane’ to the dogs,” the organization said in a press release sent Friday. Amendment 13,… [continue reading]
Wynn Las Vegas adding 25 luxury retail storesWade Tyler Millward, Las Vegas Review-Journal · July 15, 2018 at 2:21 pmTheir hands pressed against the glass was the closest Martin and Michele Jones got to the diamond jewelry inside Wynn Las Vegas. Window shopping on their last full day on the Strip in late June, the couple from Calgary, Alberta,… [continue reading]
John Cynn wins $8.8 million with World Series of Poker titleAssociated Press · July 15, 2018 at 2:19 pmThe 2018 World Series of Poker champion is an Indiana resident and professional player who barely missed the cut for the final table two years ago. John Cynn won the series’ marquee no-limit Texas Hold ’em main event Sunday in… [continue reading]
John Cynn outlasts Tony Miles to win World Series of Poker Main EventCase Keefer, Las Vegas Sun · July 15, 2018 at 9:33 amThis year’s World Series of Poker Main Event final table proved anything but routine over the last three days at the Rio. Chip stacks fluctuated frequently, as moments of great fortune seemed to turn to prolonged droughts for almost all… [continue reading]
Pennsylvania casinos begin preparing for online gambling, though local operators are mum about itGary Rotstein, Pittsburgh Post-Gazette · July 14, 2018 at 11:00 pmThree eastern Pennsylvania casinos have become the first to apply for $10 million state licenses to put their full range of gambling options online, and it will soon be clear whether the local Rivers Casino and Meadows Racetrack & Casino… [continue reading]
Cramer suggests investing in regional gambling plays as trade weighs on China-tied giants like WynnElizabeth Gurdus, CNBC · July 14, 2018 at 4:19 pmScores of industries are affected by the U.S.-China trade war, but for one sector — the international casino operators — the pain is localized, CNBC’s Jim Cramer pointed out on Thursday. Gaming giants like Wynn Resorts, Las Vegas Sands and… [continue reading]
Former Macau gangster ‘Broken Tooth’ signs poker deal with secretive Chinese firm after raising US$750 million in ICOKaren Zhang, South China Morning Post · July 14, 2018 at 4:00 pmFormer Macau triad gangster “Broken Tooth” Wan Kuok-koi has partnered with a mysterious Beijing firm to back chess and poker tournaments in mainland China, as it emerged he raised US$750 million in less than five minutes in an initial coin… [continue reading]
World Series of Poker boots cannabis sponsor Blüm from casinoChris Kudialis, Leafly · July 14, 2018 at 12:58 pmWhen two-time World Series of Poker bracelet-winner Michael Mizrachi signed a six-figure deal with cannabis dispensary Blüm this summer, neither Mizrachi nor Blüm executives thought it would land the two parties in hot water. After cruising to his third-ever WSOP… [continue reading]
Place your bets: Legal sports gambling is coming to these six states in 2018Dustin Gouker, Forbes · July 14, 2018 at 12:50 pmBefore this year, you could only place legal wagers on single sporting events in the United States in one place: Nevada. Thanks to a US Supreme Court decision this spring striking down the federal ban on wagering outside of Nevada,… [continue reading]
