CDC Newsroom

City to build observation deck for Las Vegas gateway sign

Ricardo Torres-Cortez, Las Vegas Review-Journal · at

Like tourists who flock to the iconic “Welcome to Fabulous Las Vegas” sign, visitors who want to view or be photographed with the mammoth Gateway Arches in the north Strip as their backdrop will soon have the opportunity to do so without fear of being hit by a car. That’s because the city of Las Vegas on Wednesday approved an agreement with the operators of the Strat to build a pedestrian … [Read more...]

OPINION: Nittany Mall casino is a bad bet for Central Pennsylvania community’s future

Bill Horlacher, StateCollege.com · at

I’ve written something like 125 columns for StateCollege.com over the last six years. But never a “negative” piece. I’ve always felt it was my niche, even my calling, to lift up Happy Valley’s charitable organizations, groups like Strawberry Fields, Out of the Cold and Centre Volunteers in Medicine. And to salute unsung heroes in our community, people like Lydia Abdullah, Doug Arnold, Ellen … [Read more...]

GambleAware says UK cost-of-living crisis ‘to prompt increase in harmful gambling among women’

Emily Atkinson, The Independent · at

The cost of living crisis is expected to spark an increase in harmful gambling among women as they scramble to supplement their income, a charity has cautioned. According to a survey by GambleAware, nearly one in four women (24 per cent) aged 18-49 who gamble are expected to do so more in the coming months due to soaring domestic costs, with 12 per cent already turning to gambling to boost … [Read more...]

Gaming executive Elizabeth Dorgan Bermeosolo joins GLI team in Spain

CDC Gaming Reports · at

Gaming Laboratories International (GLI) has appointed Spanish gaming executive Elizabeth Dorgan Bermeosolo to its Latin America & Caribbean Team as Government Relations and Business Development Executive for Spain. She will be based in Spain, helping GLI’s clients capitalize on the many crossover opportunities throughout Spain, Latin America, and across the globe. “Elizabeth will focus … [Read more...]

Strong B2B performance drives 73% year-over-year revenue growth for Playtech

Ted Orme-Claye, SBC News · at

The onboarding of Snaitech, coupled with positive trading across its B2B operations, contributed heavily to a strong performance for Playtech throughout H1 2022. Publishing its interim report [Thursday], the betting and gaming supplier outlined a revenue increase of 73% to €792.3m [$779.2m] (H1 2021: €457.4m), coupled with EBITDA of €203.8m – a 64% rise on the 2022 figure of … [Read more...]

Bally’s weighs “significant redevelopment” of Tropicana Las Vegas

Buck Wargo, CDC Gaming Reports · at

Bally's Corp. received approval Thursday to take over the operations of the Tropicana Las Vegas and the company said it’s evaluating “the potential for a significant redevelopment” of the Strip property to make it more competitive. The Nevada Gaming Commission’s go-ahead allows Bally’s to close immediately on the purchase from Gaming and Leisure Properties, a gaming-focused real estate … [Read more...]

From busboy to the Gaming Hall of Fame: A conversation with Mike Rumbolz

John L. Smith, CDC Gaming Reports · at

To say Mike Rumbolz has come a long way in his gaming-industry career defines understatement. In a business brimming with remarkable success stories and meteoric flameouts, in some ways his personal journey ranks among the most improbable. He wasn’t the scion of a pioneer green-felt family, but you might easily conclude he was raised in the racket. With that acknowledged, not even many … [Read more...]

Nevada Gaming Commission imposes $100K fine on William Hill sportsbook

Richard N. Velotta, Las Vegas Review-Journal · at

The Nevada Gaming Commission on Thursday unanimously voted to fine the operators of the William Hill sportsbook and several affiliate companies $100,000 to settle a four-count complaint brought by the Nevada Gaming Control Board in August. Three counts of the complaint stemmed from a flaw in the company’s CBS Race and Sports Book mobile wagering system, which produced duplicate wagers on some … [Read more...]

Smoking ban talk nixed at East Coast Gaming Congress, but workers get loud outside

Wayne Parry, Associated Press · at

ATLANTIC CITY, N.J. (AP) - Irate that a session to discuss a proposed smoking ban during a major casino industry conference was snuffed out, casino workers and patrons opposed to smoking in the gambling halls held a noisy protest outside the meeting Thursday. About 100 people rallied in the rain underneath a walkway outside the Hard Rock casino, demanding that the state Legislature act on a … [Read more...]

Online gaming operators collaborate for responsible gaming standards

Rege Behe, CDC Gaming Reports · at

Responsible-gaming programs and initiatives took a step toward standardization on Thursday. Bally's Corporation, BetMGM, DraftKings, Entain, FanDuel, and MGM Resorts International announced a collaboration on industry-led responsible gaming standards The six gambling companies have agreed to a 12-point pledge committing to principles of responsible online gaming. The principles are also … [Read more...]

Arkansas Racing Commission approves system for mutli-state machine gambling jackpots

Max Brantley, Arkansas Times · at

The Arkansas Racing Commission today approved a proposal from the Saracen Casino in Pine Bluff for a system that links gambling machines in Arkansas to machines in other states and thus creates a potential for large jackpots,sometimes as high as six or seven figures. The machine vendor IGT would oversee the so-called wide area progressive system. Other casinos in Arkansas would be able to take … [Read more...]

Billionaire-backed ‘sports stock market’ venture looks to join gambling craze

Josh Schafer, Yahoo Finance · at

Sports gamblers in New Jersey now have a new way to profit off their favorite NFL player's success. Mojo, a startup backed by billionaire Mark Lore, former New York Yankee Alex Rodriguez, and Tiger Global Management, allows investors to buy shares of stock in professional athletes with future statistics driving potential price appreciation. “It’s a sports stock market, and the premise is for … [Read more...]

MGM shortchanges gamblers by millions of dollars, suit alleges

Julie Steinberg, Bloomberg Law · at

MGM Resorts International literally keeps the change when casino players cash out slot machine credits, shorting them by millions of dollars, a new proposed class action in Mississippi federal court alleges. Slot machine players pay for credits on the machine with cash or a credit card. If a play generates a winning combination, the player’s credits increase. A losing play decreases the credit … [Read more...]

Execs: US casinos learned some useful lessons from pandemic

Wayne Parry, Associated Press · at

ATLANTIC CITY, N.J. (AP) - The COVID pandemic forced most U.S. casinos to close for months, causing payrolls, revenue and earnings to tumble. But the forced shutdowns and highly regulated recoveries also taught the industry useful lessons that will endure even after the pandemic is a distant memory, panelists at a major casino conference said Thursday. Speaking at the East Coast Gaming … [Read more...]

Potawatomi Hotel & Casino announces appointments of new chief financial and chief information officers

Rege Behe, CDC Gaming Reports · at

Potawatomi Hotel & Casino Thursday announced the appointments of Kerry Janovitch as chief financial officer and Garret Finocchiaro as the Milwaukee, Wisconsin-property’s first chief information officer. Janovitch has been the property’s accounting director since joining Potawatomi in 2015, after working as a financial leader in the Pacific Northwest hospitality and entertainment industry. … [Read more...]

GeoComply analysis of early NFL season reveals high wagering volumes at games

Rege Behe, CDC Gaming Reports · at

The NFL season is only two weeks old, but the site of this year’s Super Bowl is already looking like a boon for sports betting. During the Arizona Cardinals’ Sept. 11 home game versus the Kansas City Chiefs at State Farm Stadium, GeoComply analysis recorded more than 66,000 geolocation checks from more than 7,300 accounts. The site of Super Bowl LVII is near the top of GeoComply’s analysis of … [Read more...]

Scientific Games named South Dakota Lottery’s exclusive instant games partner

CDC Newswire · at

Scientific Games is the South Dakota Lottery’s exclusive provider of instant scratch games with the award of a new, six-year contract, delivering more “good fun” to players in the state. Following several years of record scratch game sales benefitting South Dakota K-12 schools, state universities and technical institutes, the contract significantly expands Scientific Games work with the Lottery as … [Read more...]

SBC Barcelona: Heightened regulation threatens to kill innovation

Hannah Gannagé-Stewart, CDC Gaming Reports · at

Gambling-industry leaders are having to divert too many resources toward complying with increasing regulatory requirements for them to continue to innovate their products. A panel of five industry leaders agreed that the level of resources they must dedicate to compliance means that it is the only area that sees any innovation. Speaking on the "SBC Leaders: Navigating The Opportunities And … [Read more...]

SBC Barcelona: Player protection will make or break operators in regulated markets

Hannah Gannagé-Stewart, CDC Gaming Reports · at

European Gaming and Betting Association (EGBA) Secretary General Maarten Haijer has argued that casino operators who take player protection seriously are the only ones with a future in the regulated industry. Speaking as part of the Player Protection Symposium at SBC Barcelona Summit on Wednesday, Haijer said that while regulators used to focus on building viable markets, they are now operating … [Read more...]

SBC Barcelona: Operators call for clarity on UK regulatory expectations

Hannah Gannage-Stewart · at

In the absence of the long-awaited UK gambling-reform White Paper, operators are calling on the country’s government to provide some clarity over regulatory expectations. The review of the UK’s Gambling Act kicked off in late 2020; since then, there have been numerous leaked details of what the White Paper might propose. Nearly two years later, however, the document has yet to be … [Read more...]

SBC Barcelona: DAZN CEO lays out vision for global betting and media platform

Jake Pollard, CDC Gaming Reports · at

Shay Segev, CEO of the sports streaming specialist DAZN, opened the SBC Summit Barcelona by saying he was “the living example of the convergence” between sports betting and media and that his company is taking the first steps towards truly disrupting the sports betting and media environments by converging the two into one integrated platform. The ex-Entain CEO said watching sports on most … [Read more...]

Nevada esports-wagering expansion moving forward

Buck Wargo, CDC Gaming Reports · at

Nevada’s Esports Technical Advisory Committee asked the state’s Attorney General’s office Wednesday to draw up regulations that would permit widespread esports betting on tournaments and championships starting in 2023. The committee will meet on Oct. 24 to review and finalize the regulations and forward the package to the Nevada Gaming Control Board and eventually the Nevada Gaming … [Read more...]

Cannabis consumption lounges approved for Las Vegas

Ricardo Torres-Cortez, Las Vegas Review-Journal · at

Cannabis consumption lounges are coming to the city of Las Vegas. In a 5-1 vote, the City Council on Wednesday denied Councilwoman Victoria Seaman’s motion to opt out of allowing such businesses. Mayor Pro Tem Stavros Anthony, who wasn’t at the meeting, did not vote. By not responding to a letter from the state of Nevada earlier this month, the city automatically opted in to the licensing … [Read more...]

Pennsylvania Gaming Control Board issues fines for underage gambling, licensing issues

Rege Behe, CDC Gaming Reports · at

The Pennsylvania Gaming Control Board Wednesday approved three consent agreements during a public meeting resulting in $280,825 in fines for two gaming operators. Two approved consent agreements, producing fines of $160,000 and $100,825, stemmed from negotiations between the Office of Enforcement Counsel and Mount Airy Casino Resort in Monroe County. The third fine of $20,000 resulted from … [Read more...]

Cavaliers, Bengals, Guardians, racinos and more approved for Ohio sports betting licenses

Donald Emmons, OH Bets · at

The Ohio Casino Control Commission (OCCC) approved sports betting licenses for 10 sports gaming proprietor and four sports gaming supplier applicants during its Wednesday morning meeting in Columbus. The Cleveland Cavaliers, Cincinnati Bengals, Cleveland Guardians, Columbus Blue Jackets, and the Football Club of Cincinnati were among those approved for sports gaming proprietor licenses. Also … [Read more...]

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