At USBookmaking, Walker forges ahead into sports betting’s new frontierBy John L. Smith, CDC Gaming Reports • August 1, 2018Robert Walker may not have known it then, but the bookmaking world was experiencing the end of an era in 1986 when he went behind the counter for the first time at the Fremont casino’s diminutive spots book in downtown… [continue reading]
Las Vegas on the sidelines as regional market casino mergers fall into placeBy Howard Stutz, Executive Editor, CDC Gaming Reports • August 1, 2018More than $8.7 billion of regional casino industry mergers and buyouts are in various stages of completion. It might surprise some that both the Las Vegas Strip and the Las Vegas locals’ market aren’t factored into the current deal making…. [continue reading]
Waiting for GarapanBy Muhammad Cohen, Inside Asian Gaming • August 1, 2018Imperial Pacific International continues to excel at many things. Its monopoly casino on the US Pacific island of Saipan keeps posting extraordinary VIP numbers, more than three times the roll at Wynn Macau on a speck in the ocean, four… [continue reading]
How are Esports being developed in APAC?By Jaccky Chan • July 31, 2018如何在亚太地区开发电子竞技？ – 点击这里阅读中文/Read in Chinese For the first time this year, esports have been listed as a sport in the Asian Games. Specifically, they’re listed as a demonstration event and being treated as an exhibition. That said, this is an… [continue reading]
Big Data in the land-based casino industry in Asia: an absence at the momentBy SL, CDC Oriental Elite Team • July 31, 2018亚洲实体赌场为何不采用大数据？ – 点击这里阅读中文/Read in Chinese Big Data has become more and more visible in the media in recent years, with references in TV programmes and hundreds of articles in newspapers, magazines, and the like. And it’s having a serious impact… [continue reading]
Gambling Responsibility – What Does It Mean In Asia?By KL, CDC Oriental Elite Team • July 31, 2018如何在亚洲实践「负责任博彩」？ – 点击这里阅读中文/Read in Chinese When it comes to responsible gambling, responsibility can be separated into 2 core areas: Responsibility of the individual person Responsibility of the gambling organisation In Asia, the issue of problem gambling has been around for… [continue reading]
Internal Audit – A real third line of defenceBy SL, CDC Oriental Elite Team • July 31, 2018內部審計——真正的第三道防線？ – 点击这里阅读中文/Read in Chinese What do you think of when you think of Internal Audit (IA)? Do you think IA people are our friends or enemies? If you are looking after the business and the marketing functions, do you… [continue reading]
Why We Won’t See A Federal Sports Betting Bill SoonBy Ifrah Law, JD Supra • July 31, 2018Following the Supreme Court decision to overturn The Professional and Amateur Sports Protection Act (PASPA) in Murphy v. NCAA, in June Delaware became the first state to take advantage of the new ruling. Delaware governor John Carney placed the state’s… [continue reading]
Gambling away good senseBy Peter Collins, IOL • July 31, 2018It used to be possible to claim that from 1995 onwards South Africa had some of the best gambling legislation in the world, and that the regulation of casinos in the Western Cape was the best in the world from… [continue reading]
Welcome to Our New Gambling Hell, Sports FansBy Will Leitch, New York Magazine • July 31, 2018Every NFL season has its signature image, the way that year will be remembered forever. 1985 has the Super Bowl Shuffle Chicago Bears. 2001 has U2 singing at the Super Bowl right before Bill Belichick and Tom Brady shocked the… [continue reading]
Moonves sexual harassment scandal recalls Wynn’s rapid fall from graceBy John L. Smith, CDC Gaming Reports • July 30, 2018The subject was sexual harassment at the highest levels of American business, and investigative reporter Ronan Farrow was talking about powerful CBS CEO Leslie Moonves. It was impossible not to think of Steve Wynn. Farrow, whose stunning reporting on high-profile… [continue reading]
America, a Gambling El Dorado? The Odds Are LongBy Lionel Laurent, Bloomberg • July 30, 2018European investors are getting excited about sports betting in the U.S. They should place their wagers carefully. When Mr. Burns draws up plans for a casino in “The Simpsons,” he thinks he’s found the perfect business: “People swarm in, empty… [continue reading]
South Las Vegas Strip has long history of failed projectsBy Eli Segall, Las Vegas Review-Journal • July 29, 2018In a move that could pump more life into the south Strip, Israeli hoteliers this month bought the 1960s-era Motel 8 and plan to tear it down to build a casino. They can only hope the project turns out better… [continue reading]
Book Review: Atlantic City and ‘Wrestlemania factored into the making of President TrumpBy David G. Schwartz, CDC Gaming Reports • July 28, 2018A lot was written about Donald Trump before he became President. A good amount has been written since then, with more to surely come. This volume by wrestling enthusiast and writer Lavie Margolin explore Trump’s involvement with professional wrestling via… [continue reading]
Google AdWords bans gambling adverts in ItalyBy Luke Haward, CDC Gaming Reports • July 27, 2018Google has decided to adhere to the recently announced Italian ban on gambling advertising that will kick in beginning in 2019 and has informed operators using Google Adwords that they will not be permitted to offer any AdWords gambling advertising… [continue reading]
The Latest Skirmish in the Tuscarora WarBy Ken Adams, CDC Gaming Reports • July 26, 2018On Monday, July 23, 2018 officers of the Robeson County Sheriff’s office, Federal Bureau of Alcohol, Tobacco, Firearms and Explosives, Department of Homeland Security, North Carolina and Virginia National Guard raided three casino locations in North Carolina. They arrested 26… [continue reading]
Gambling no longer an impediment to pro sportsBy Neal McLelland, The Daily Iberian • July 26, 2018Ever since professional sports began, betting has been a no-no when it comes to the players in the four biggest American sports — football, basketball, baseball and hockey. It’s such a no-no that if you walk into a pro locker… [continue reading]
MGM Resorts should have followed Kerkorian’s example before creating horrible opticsBy Howard Stutz, Executive Editor, CDC Gaming Reports • July 25, 2018Nearly 40 years ago, Kirk Kerkorian reached into his own pockets and paid out $69 million to settle all of the pending death and personal injury claims associated with the devastating fire at the MGM Grand in Las Vegas. In… [continue reading]
Our view: We also must decide how we want to gambleBy Herald & Review Editorial Board • July 25, 2018As we move toward Illinois’ inevitable legalization of gambling on sporting events, there’s another discussion worth having. Of course, there are already discussions about the moral and societal wisdom of expanding gambling from casinos, parimutuel parlors, the lottery and video… [continue reading]
Pari-mutuels form two PACs to fight Florida amendmentBy Nick Sortal, CDC Gaming Reports • July 24, 2018So now there’s some competition: two racetrack casino operators have each created an organization to fight an amendment that would require any gambling expansion in Florida to be approved by the voters. “Voter Control of Gambling in Florida” is on… [continue reading]
Jai-alai in Edgewater would lead to casino complex in OmniBy Michael Lewis, Miami Today News • July 24, 2018Few are saying so, but civic leaders’ objections to a gambling incursion on downtown’s north edge must be more about what will follow than about a tawdry jai-alai fronton and poker parlor. Those bringing gambling to newly burgeoning Edgewater are… [continue reading]
Sports book industry’s Culver was ‘comfortable on both sides of the window’By John L. Smith, CDC Gaming Reports • July 23, 2018The name Russ Culver has been spoken with respect around the sports book industry for so long that it seems I’ve heard it much of my life. Whether it was as a successful player at the top of the leader… [continue reading]
Why don’t integrated resorts seem to work in Europe?By Andrew Tottenham, Managing Director, Tottenham & Co • July 20, 2018Given the success that integrated resorts have found elsewhere in the world, I am often asked why they seem to fail in Europe. Integrated resorts often generate taxes, employment, in-bound tourism and the like. To be clear, an integrated resort… [continue reading]
AI Falls Down on World Cup PredictionsBy Luke Haward, CDC Gaming Reports • July 20, 2018Not long after the World Cup began, I ran a piece in CDC International (AI Predictions for World Cup abound, July 2) detailing some of the latest efforts by academics and financial institutions alike to use artificial intelligence and machine… [continue reading]
Gaming association brings promotional campaign to Des MoinesBy Casey Clark, Des Moines Register • July 19, 2018When companies hold ceremonial groundbreakings to announce facility openings or expansions, oftentimes surrounded by community leaders and public officials, many believe it is a mark of better things to come for local residents. For the gaming industry, we take the… [continue reading]
