Fierce, savvy and shrewd; Seminole Tribe of Florida rarely tastes defeatBy Howard Stutz, Executive Editor, CDC Gaming Reports • June 20, 2018Florida’s Seminole Indian tribe is a gaming industry success story. Not only does the tribe own and operate six of Florida’s seven casinos, the Seminole influence is felt worldwide through its groundbreaking ownership of Hard Rock International, which was acquired… [continue reading]
A trip to a California card room (with inexpensive lodging as an option)By Nick Sortal, CDC Gaming Reports • June 19, 2018I check out of my hotel on my recent trip to California and an acquaintance picks me up. We’re going gambling. I’ve been covering gambling for more than 10 years, and I frequented casinos for years before that. I won’t… [continue reading]
Signs of Growth in Italian Casinos?By Luke Haward, CDC Gaming Reports • June 19, 2018Despite some concern for the future as the new government displays what some are calling a degree of animosity toward the gaming market, land-based casinos across Italy are actually showing positive signs of growth in several recent cases. One Italian… [continue reading]
Oddsmaker Roxborough: Getting legalized sports betting right will take timeBy John L. Smith, CDC Gaming Reports • June 18, 2018It should come as no surprise, but legendary oddsmaker Michael “Roxy” Roxborough’s predictions about the legalization of sports betting are already proving true. Not the U.S. Supreme Court’s decision in May to repeal the Professional and Amateur Sports Protection Act… [continue reading]
Airplanes and the Racing FormBy Bernard Kroviak, CDC Gaming Reports • June 16, 2018Before we get up in the air, though, we should take a moment to recognize how good Justify is already, and how good he could possibly become. Winning the Kentucky Derby without first running as a two-year-old, the first time… [continue reading]
Who is Going to Pay the Cost of Parking on the Strip?By Ken Adams, CDC Gaming Reports • June 14, 2018In the midst of the national hoopla around the legalization of sports betting, a minor, but intriguing, story from the Las Vegas Strip appeared. On June 7th, Wynn and Encore Resorts announced an end to parking fees for hotel guests… [continue reading]
Marina Bay Sands becomes a photo op on Kim Jong-Un’s night on the town in SingaporeBy Howard Stutz, Executive Editor, CDC Gaming Reports • June 14, 2018We should have expected Singapore’s Marina Bay Sands to make a cameo appearance during this week’s historic summit between the U.S. and North Korea. Developed by Sheldon Adelson’s Las Vegas Sands Corp at a cost of more than $5.7 billion,… [continue reading]
A casino gaming revival is taking place in ParisBy Andrew Tottenham, Managing Director, Tottenham & Co • June 14, 2018Something has been happening in Paris, and few in the international gaming industry have heard about it. Casino gambling has historically not been legal in the city of Paris. In 1920, a French government decree stated that no casinos could… [continue reading]
VR Gaming & The High StreetBy Luke Haward, CDC Gaming Reports • June 14, 2018Virtual Reality has come too far by now for it not to be the future. The sad unspoken fact behind the curtain is that it has too many military applications to ever suffer a total short out in investment; if only… [continue reading]
Mixing the past with the future: Schleswig-Holstein introduces new quasi-licensing regime for sports bettingBy Joerg Hofmann and Jessica Maier, MELCHERS Law Firm, Germany • June 14, 2018Headlines about German gambling regulations usually relate to Germany’s core legal framework on gambling, the Interstate Treaty on Gambling (Interstate Treaty), as well as the questionable applicability of some of its key restrictions under EU law. This article, however, will… [continue reading]
Pechanga: A major success story for Indian gamingBy Nick Sortal, CDC Gaming Reports • June 13, 2018For Exhibit A illustrating how Indian gaming has soared from bingo-and-tents to hotels-and-pools, head to Pechanga Resort & Casino, just outside the city limits of Temecula, California. “Our goal here is for us to be the premier casino resort destination… [continue reading]
Adeus, Stanley Ho: master builder of modern Macau leaves own company a messBy Muhammad Cohen, Forbes • June 12, 2018An era ends Tuesday. Stanley Ho steps down as chairman of Macau casino concession holder SJM Holdings, his last remaining post in a public company. Ho, 96, has reportedly not been active in business since falling at home in July… [continue reading]
Golden Knights’ success enough to soften the most cynical Vegas GuysBy John L. Smith, CDC Gaming Reports • June 11, 2018I ran into the Vegas Guy just the other day. To my surprise, instead of his dealer’s black-and-whites he wore a Vegas Golden Knights cap and a replica of goaltender Marc-Andre Fleury’s No. 29 jersey. You know the Vegas Guy…. [continue reading]
How It Felt To Book Delaware’s First Sports BetBy David G. Schwartz, Forbes • June 11, 2018On Tuesday, a lifelong Philly sports fan placed a $10 bet on the Phillies to beat the Cubs. Why is this newsworthy? Because the fan placing the bet was Delaware was the state’s governor, John Carney, and when he made… [continue reading]
Sports betting isn’t a sure thingBy Ken Tingley, Glens Falls Post-Star • June 10, 2018I learned early about sports betting. Before high school on Wednesday mornings during football season, I’d head for my dad’s gray metal lunch pail on the kitchen counter. The betting slip for that weekend’s games would be inside. Every NFL… [continue reading]
Being the CEO of the Grocery Manufacturers Association is certainly a job for SuperFreemanBy Jeffrey Compton, CDC Gaming Reports • June 9, 2018When CDC Gaming Reports first received the news regarding Geoff Freeman’s upcoming departure as President and CEO of the American Gaming Association, I was angry. I was concerned that Geoff was bailing on what has become a very productive working… [continue reading]
Hard Rock’s Spanish casino development set to start soonBy Luke Haward, CDC Gaming Reports • June 9, 2018Renowned US-based entertainment company Hard Rock, which has more than a passing interest in providing casino gaming as well as other leisure facilities around the world, have received the green light to go ahead with their planned venture in the… [continue reading]
Culinary Union contract settlements show maturity on all sidesBy John L. Smith, CDC Gaming Reports • June 7, 2018It was about this time 34 years ago that cooler heads finally prevailed to end a 75-day strike at the major casino-resorts of Las Vegas. Thousands of workers lost time on the job, and casino coffers suffered, too. In all,… [continue reading]
AGS slot executive tries to answer an important questionBy Buddy Frank, CDC Gaming Reports • June 7, 2018What makes a good game? That was a question posed by AGS Senior Vice President of Slot Products Andrew Burke at the AGS GameON conference. Unfortunately, he didn’t have the full answer. He did cite research over the last 18… [continue reading]
Through its REIT, MGM Resorts finds its way into New York’s gaming marketBy Howard Stutz, Executive Editor, CDC Gaming Reports • June 6, 2018Most analysts believe MGM Resorts International’s planned $850 million acquisition of a New York casino and racetrack is all about tapping into the state’s potentially lucrative sports wagering business. But the transaction lends additional credibility to MGM Growth Properties, the… [continue reading]
Implementing sports betting: getting it right the first timeBy Nick Sortal, CDC Gaming Reports • June 6, 2018Casino operators have plenty of control, but only within the parameters set by their state legislatures. And Michael Pollock has some advice for those government officials – legislators and regulators – who will be debating sports gambling at their state… [continue reading]
Tribal AmbitionBy Muhammad Cohen and Ben Blaschke, Inside Asian Gaming • June 5, 2018Mohegan Gaming and Entertainment CEO Mario Kontomerkos believes the Native American casino operator has two aces in the hole for Japan, especially when it comes to the so-called regional markets beyond major areas. In his presentation at last month’s Japan… [continue reading]
Las Vegas Strip transportation: Who will take the wheel of the Taxicab Authority?By John L. Smith, CDC Gaming Reports • June 4, 2018It’s not a glamorous job but having the right person at the wheel of the Nevada Taxicab Authority is essential to keeping the visitors flowing smoothly into the great Las Vegas tourism machine. That job is open these days after… [continue reading]
How casinos use math to make money when you play the slotsBy David G. Schwartz, Forbes • June 4, 2018Back when I worked security in an Atlantic City casino, patrons would often ask me, “Which slot machine is the one that’s going to hit?” My usual response was, “If I knew that, I wouldn’t be working here anymore,” followed… [continue reading]
More gambling fools gold for IllinoisBy Jim Nowlan, Quad Cities Online • June 4, 2018State governments are salivating now that the U.S. Supreme Court has cleared the way for them to authorize sports gambling, a legal (Nevada only right now) and illegal industry that experts say dwarfs the lotteries and casinos in dollars wagered…. [continue reading]
