At Wynn Resorts, fallout continues from Wynn’s fall from graceBy John L. Smith, CDC Gaming Reports • September 24, 2018A very smart man once said, “If you want to make money in a casino, own one.” The quip is credited to legendary casino man Steve Wynn. It’s probably as true a line as has ever been spoken about gambling…. [continue reading]
A waterfront casino in Toronto? Don’t bet on itBy David Olive, The Star • September 24, 2018Doug Ford, the Ontario premier, remains tight-lipped about his plans for reviving the downtown Toronto waterfront. As recently as five years ago, then-city councillor Ford championed a casino near the waterfront. And Rod Phillips, then-CEO of Ontario Lottery and Gaming… [continue reading]
Analysis: Abe’s re-election is good news for global casino firmsBy Daniel Beitler, Macau Daily Times • September 23, 2018Japanese Prime Minister Shinzo Abe was re-elected as head of his ruling Liberal Democratic Party in a landslide election last week, paving the way for up to three more years as the nation’s leader and a push for his long-awaited… [continue reading]
Football Goes Long on GamblingBy Peter Funt, Wall Street Journal • September 22, 2018Elliot Harrison works for a multibillion-dollar limited-liability company, where he studies research reports, crunches numbers, and prepares weekly forecasts about how well his organization’s 32 units will perform. Odds are you’re thinking Mr. Harrison’s employer is a blue-chip firm and… [continue reading]
U.S. gambling monster lurks under NHL bedBy Paul Wiecek, Winnipeg Free Press • September 20, 2018They’ve yet to play a meaningful game, but already the New Jersey Devils and Las Vegas Golden Knights are the big winners of the 2018-19 NHL season. The Devils and Knights both announced this week they have gone where no… [continue reading]
Here’s How Wynn Won The Gaming License In MassachusettsBy Walter Pavlo, Forbes • September 19, 2018On Monday, Sterling Suffolk Racecourse, LLC filed a $3 billion (not a typo) Racketeer Influenced Corrupt Organization Act (RICO) claim against Paul Lohnes (real estate developer/manager at Laverty and Lohnes), Steve Wynn, Wynn Resorts and others. The basis for the… [continue reading]
Augmented Reality in GamblingBy Luke Haward, CDC Gaming Reports • September 19, 2018In past editions we’ve covered the phenomenon of virtual reality (VR), considering how it may impact on the gambling industry as it is picked up by more consumers and gradually (inevitably, if the budgets behind the tech are to be… [continue reading]
You can’t manage what you don’t measureBy Andrew Tottenham, Managing Director, Tottenham & Co • September 19, 2018That quotation from Peter Drucker goes back a few years, before the advent of the internet and online systems, when customer playing data was notoriously inaccurate and subject to the whims of the people rating the players. Slot machine players… [continue reading]
Internal strife continues to keep California sports betting on the sidelinesBy Howard Stutz, Executive Editor, CDC Gaming Reports • September 18, 2018California could easily be the center of the gaming industry universe. That may sound something like sacrilege coming from a Las Vegas-based journalist. You might even think I’m showing favoritism toward my home state, the place where I spent the… [continue reading]
Wynn Casino Has Its Legal Problems, Massachusetts Host City Everett Has Some TooBy Walter Pavlo, Forbes • September 18, 2018There have been rumors of political corruption in Everett, MA for years. The mayor, Carlo DeMaria has, for the moment, overcome claims of sexual harassment, ties to associates of organized crime and a federal investigation concerning strong-arm tactics used in… [continue reading]
Legalized sports betting would raise pulses and the action at Zia ParkBy John L. Smith, CDC Gaming Reports • September 17, 2018HOBBS, N.M. — It was a beautiful afternoon for a horse race, but the thundering herd hadn’t yet arrived during my recent visit to the Zia Park Casino, Hotel & Racetrack. By that, I mean the track’s annual quarter horse and… [continue reading]
How the Evolution of Games Has Led to a Rise in Gambling ConcernsBy James G. Gatto, National Law Review • September 16, 2018Recently, there has been a frenzy of legal activity with U.S. gambling laws and the number of gambling-related legal issues with video games. U.S. gambling laws have changed more in the past few years than they have in a long… [continue reading]
More Betting Links Found on Junior Club WebsitesBy Luke Haward, CDC Gaming Reports • September 15, 2018UKGC Issues Warning, NHS Boss Issues Criticism It is with a sad heart – and a strange sense of déjà vu – that I must report that the UK Gambling Commission has felt it necessary, once again, to issue rules… [continue reading]
Betting on the game is much different than just watching itBy Sam Kouvaris, The Times-Union • September 14, 2018As a boss, “Dirty Carl” was nearly the ideal kind of guy to run a bar in DC. Well dressed and older than the staff, he commanded a level of respect because of his age and he knew the business…. [continue reading]
BMM Testlabs may yet find out whether it will crack tough Illinois marketBy John L. Smith, CDC Gaming Reports • September 12, 2018These should be the best of times for BMM Testlabs. By its own count, the independent gaming device testing laboratory is licensed in more than 420 jurisdictions. It is relied on to provide accurate examination of programs and gaming and… [continue reading]
Dan Gilbert has the right to cash in his casino chips, and the payout could be lucrativeBy Howard Stutz, Executive Editor, CDC Gaming Reports • September 11, 2018As Ohio gaming regulators prepared to put the then-Horseshoe Casino Cleveland though its final test run before opening night six years ago, Dan Gilbert tried to blend in with the 1,600 employees. Dressed in a dark tailored suit and wearing… [continue reading]
The problem with college bettingBy Kevin Bendesky, Yale Daily News • September 11, 2018If I were a betting man looking for a sure thing, I’d probably wager that our men’s lacrosse team wins the Ivy League again. If I wanted a bit of an underdog, I’d take a good hard look at our… [continue reading]
As a good sport, comedian Piscopo might just liven up casino atmosphereBy John L. Smith, CDC Gaming Reports • September 10, 2018CARSON CITY — The Joe Piscopo I remember made me laugh out loud. And I wasn’t alone. I suspect all TV viewers of a certain age cackled at Piscopo’s playfully maniacal sports anchor character on “Saturday Night Live,” as everyone… [continue reading]
How Las Vegas Casinos Are Getting More With Fewer EmployeesBy David G. Schwartz, Forbes • September 10, 2018Las Vegas casinos, like any hospitality business, owe everything to their employees. After all, they are the ones that provide the hospitality that guests are paying for, the link between the product and the people who buy it. And those… [continue reading]
LeoVegas Continues to Battle “Insane” Italian Ad BanBy Luke Haward, CDC Gaming Reports • September 9, 2018It’s hurting every legitimate operator in Italy, but the ad ban looks very much set to take effect as planned on 1st January 2019, with those holding existing contracts able to continue advertising until July of the same year. Ironically… [continue reading]
Our coverage of G2E will be more than just the headlinesBy Howard Stutz, Executive Editor, CDC Gaming Reports • September 8, 2018The rise of legal sports wagering in the U.S. has dominated headlines and newsfeeds since the U.S. Supreme Court invalidated the Professional and Amateur Sports Protection Act. But we at CDC Gaming Reports know the gaming industry is more than… [continue reading]
Mississippi needs mobile sports bettingBy Mark Lipparelli, Clarion Ledger • September 7, 2018Estimates of the illegal sports betting market in the U.S. range anywhere from $60 to $400 billion a year, creating massive potential for states interested in generating tax revenue from a new, legalized betting market. And that’s precisely why states… [continue reading]
What could the mini-casino mean for the York Galleria, Springettsbury Township?By Teresa Boeckel, York Daily Record • September 7, 2018If a casino moves into the York Galleria, it’s expected to have a positive impact on tourism in the township, according to a local impact report. It also will require some traffic improvements and water and sewer upgrades. Penn National… [continue reading]
It Might Walk Like A Duck, But Is It?By Andrew Tottenham, Managing Director, Tottenham & Co • September 6, 2018The European Commission has finally decided to drop its action for illegal State aid against the Greek government in a case about entry fees payable by visitors to the Greek casinos. The background to the case is that each Greek… [continue reading]
Gambling vs. Gaming: Analysing The DriftBy Luke Haward, CDC Gaming Reports • September 6, 2018Kansspelautoriteit, the gaming regulator for the Netherlands (“KSA”, for short), might have a name to tie your tongue in knots, but their finger is on the pulse of the challenges facing the gambling industry. They recently announced a meeting with… [continue reading]
