After founder announces exit, Galaxy Gaming reverses quarterly lossMatthew Crowley, CDC Gaming Reports · November 15, 2018 at 7:20 pmJust two weeks after announcing the exit of its founder and controlling shareholder, Galaxy Gaming reported record revenue and reversed its loss for the third quarter. On Nov. 5, Galaxy, a Las Vegas-based developer, manufacturer and distributor of casino table… [continue reading]
Valley Forge Casino jumps into Pa. sports-betting competitionAndrew Maykuth, The Inquirer · November 15, 2018 at 3:55 pmValley Forge Casino Resort in King of Prussia has applied to become the sixth Pennsylvania casino to offer sports betting, and picked Betfair Interactive US LLC, a subsidiary of FanDuel Group Inc., as its operator. Valley Forge filed papers Wednesday… [continue reading]
Mississippi: Vision revealed for Long Beach casinoMary Perez, Sun Herald · November 15, 2018 at 3:51 pmThe first pictures of a proposed casino in Long Beach were revealed Thursday, but those for and against the resort will wait at least another month to learn if the old K-Mart property will become a legal casino site. The… [continue reading]
Here’s what sports betting looks like in the future, according to Ted LeonsisErik Brady, USA Today · November 15, 2018 at 3:47 pmThe best way to foresee the future, Ted Leonsis says, is to invent it. The arena where his Washington Capitals and Wizards play opens an hour or so before games and empties out quickly after, but he expects all that… [continue reading]
Nearly $600M bet on sports in New Jersey in 4 ½ monthsWayne Parry, Associated Press · November 15, 2018 at 3:27 pmATLANTIC CITY, N.J. (AP) – New Jersey’s red-hot sports betting market blew past the half-billion dollar mark in October, with nearly $600 million worth of bets having been made in just four and a half months. Figures released Thursday by… [continue reading]
Two involved in Bellagio cheating scheme placed in Nevada’s Black BookCDC Gaming Reports · November 15, 2018 at 3:12 pmTwo of the four individuals who conspired to cheat a Las Vegas Strip casino out of more than $1 million between 2012 and 2014 were placed on the Nevada List of Excluded Persons Thursday by state gaming regulators. Anthony Granito… [continue reading]
Revenues dip at MGM’s Massachusetts casino in 2nd month openAssociated Press · November 15, 2018 at 2:40 pmBOSTON (AP) – Gambling revenues at MGM Springfield have dropped in the second full month of operation at Massachusetts’ first resort casino. The state Gaming Commission reported Thursday the casino near Connecticut generated $22 million revenues from gambling, down 18.5… [continue reading]
Everi Holdings strikes slot machine deal with British Columbia Lottery Corp. casinosHoward Stutz, CDC Gaming Reports · November 15, 2018 at 11:29 amGaming equipment provider Everi Holdings announced a deal Thursday with the British Columbia Lottery Corporation to deploy the company’s slot tournament product to the province’s 35 casinos. Las Vegas-based Everi said in a statement that it will provide its TournEvent… [continue reading]
ICE London grows again with 2019 event confirmed as the biggest on recordCDC Newswire · November 15, 2018 at 10:07 amClarion Gaming, organisers of the world leading ICE London (5-7 February, ExCeL London, UK), has confirmed the 2019 edition will be the biggest on record, with net floor space growing from the 2018 figure of 43,500 sqm to 45,500 sqm,… [continue reading]
Minnesota announces more than $2 billion in charitable gambling sales for fiscal year 2018CDC Gaming Reports · November 15, 2018 at 8:47 amThe Minnesota Gambling Control Board’s report for fiscal year 2018, released Thursday, reveals that the Land of 10,000 Lakes remains the No. 1 state in the country for charitable gambling: gaming activity conducted by registered nonprofit organizations, generally in bars… [continue reading]
2 dead, more than 40 injured after casino-bound tour bus overturns on icy road in MississippiAllyson Chiu, The Washington Post · November 15, 2018 at 3:16 amA tour bus traveling along an icy highway in northern Mississippi overturned Wednesday afternoon, killing two people and injuring 44 others in what authorities are calling a “weather related” crash. The bus, which had 46 people on board, was on… [continue reading]
Londoner Macao designs ongoing: Wilfred WongInside Asian Gaming · November 15, 2018 at 12:12 amSands China President and Chief Operating Officer Wilfred Wong says that final designs for transformation of its Cotai Strip property Sands Cotai Central into Londoner Macao are ongoing following the company’s recent announcement of a US$1 billion increase in its… [continue reading]
Changes to Nevada regulations concerning sexual harassment sent to the Gaming Commission after governor expresses supportHoward Stutz, CDC Gaming Reports · November 15, 2018 at 12:11 amProposed policy changes to Nevada gaming regulations governing sexual harassment awareness and prevention were forward to the Nevada Gaming Commission Wednesday, after a public hearing drew as many participants as all previous hearings had combined. The eight speakers – including… [continue reading]
Deadwood group to ask lawmakers for sports betting amendmentJames Nord, Associated Press · November 15, 2018 at 12:01 amSIOUX FALLS, S.D. (AP) – Four years after South Dakota enthusiastically voted to allow Deadwood casino patrons to play keno, craps and roulette, a gambling industry group plans to ask state lawmakers for a 2020 ballot measure to bring legal… [continue reading]
UK reverses delay to gambling machine reform after outcryAssociated Press · November 15, 2018 at 12:01 amLONDON (AP) – The British government says it will cut the maximum stake on electronic slot machines from 100 pounds ($130) to 2 pounds ($2.60) in April – reversing an unpopular decision to delay the move. The government agreed to… [continue reading]
Colonial Downs plans June 2019 opening for new gambling facility in South RichmondGraham Moomaw, Richmond Times-Dispatch · November 14, 2018 at 11:51 pmThere was no dirt to shovel in the asphalt expanse of the former Kmart parking lot, so representatives from Colonial Downs and the city of Richmond did the next best thing. They unfurled a “Coming Soon” banner outside the former… [continue reading]
Arkansas becomes casino countryBenjamin Hardy, Arkansas Times · November 14, 2018 at 11:27 pmOn Nov. 6, for the second election cycle in a row, Arkansas voted for vice. Issue 4, a constitutional amendment authorizing four casinos in the state, was approved by 54 percent of voters on Election Day 2018 — an echo… [continue reading]
Company in negotiations to buy former Atlantic Club casinoAvalon Zoppo, Press of Atlantic City · November 14, 2018 at 11:26 pmA consulting company is in negotiations with the owners of the former Atlantic Club Casino Hotel to buy the property, the firm said Wednesday. Advanced Consulting Inc., a New York-based real estate firm, is talking with Florida-based property owner TJM… [continue reading]
‘Little baby casinos’: Huge growth in video gambling boosts Illinois gaming revenue to record levels, but at what cost?Robert McCoppin, Chicago Tribune · November 14, 2018 at 11:24 pmFull meals used to be on the menu at La Cabana Mexican Restaurant in Melrose Park, but now the small storefront sells only steak tacos. These days, many people come not to eat, but to gamble. Customers will typically spend… [continue reading]
Esplanade’s Kravetz bullish on casinos, Apple; sees turbulence for discount storesDavid Randall, Reuters · November 14, 2018 at 11:22 pmStrong U.S. consumer holiday spending will not boost retailers across the board but instead benefit winners like Apple Inc (AAPL.O) that have signature products, Esplanade Capital’s Shawn Kravetz said at the Reuters Global Investment 2019 Outlook Summit in New York… [continue reading]
Man sentenced for using stolen box truck to burglarize Las Vegas casinosJoe Nelson, FOX5Vegas · November 14, 2018 at 11:14 pmA judge sentenced a man to prison for stealing a box truck to burglarize Las Vegas casinos. Danny Salazar, 45, was sentenced Wednesday morning to a minimum of three years and four months in prison for grand larceny and grand… [continue reading]
IGT introduces electronic bingo to Ontario lotteryCDC Gaming Reports · November 14, 2018 at 9:50 pmGaming designer and manufacturer International Game Technology announced Wednesday that it has launched a slate of first-of-its-kind electronic bingo content into the Canadian lottery market. IGT will offer electronic bingo titles Bengal Eyes, Golden Rooster and Pharaoh’s Legacy, among others,… [continue reading]
Swedish Gaming Authority explains new regulatory regimeGaming In Holland · November 14, 2018 at 9:17 pmSwedish gambling authority Lotteriinspektionen has provided a public briefing outlining the organizational changes the regulator will implement to service the re-regulation of Sweden’s gambling market from January 1, 2019. The regulator will be renamed Spelinspektionen (Gaming Inspectorate) and will report to… [continue reading]
Okada Manila books best-yet EBITDA in OctoberGGRAsia · November 14, 2018 at 8:53 pmJapanese gaming company Universal Entertainment Corp says its Okada Manila casino resort (pictured) in the Philippines recorded adjusted segment earnings before interest, taxation, depreciation and amortisation (EBITDA) of PHP370.6 million (US$6.98 million) last month, the most of any month since… [continue reading]
Connecticut casinos see revenue dip amid MGM competitionAssociated Press · November 14, 2018 at 8:47 pmMASHANTUCKET, Conn. (AP) – The Foxwoods Resort Casino is reporting a 10 percent decline in slot-machine revenue for October as it feels effects of competition including the new MGM Springfield casino across the state line in western Massachusetts. The $34.4… [continue reading]
