Japanese Prime Minister Shinzo Abe is mulling the idea of an October snap election in a bid to consolidate power in the Diet while opposition is weak. But such a move would delay the process of casino regulation until next year, analysts said on Monday. A snap election, which cannot occur under the US political…Read More
NFL ratings were down 13 percent in week one of the regular football season compared to 2016, and supporters of ending sports betting prohibition in all but Nevada are arguing that liberalizing the industry would help stop the declining audience trend. NFL executives are blaming hurricanes Harvey and Irma for their dismal 2017 debut, saying…Read More
Backers of the Maine casino push to place a gambling venue in York County are hyping the economic impact the facility would have on the entire state. A study conducted by Florida-based consulting firm Evans, Carroll & Associates claims the casino would generate 2,767 construction jobs and 2,165 permanent employment opportunities, $6.1 million in lodging…Read More
Online poker became illegal in Australia on Wednesday, as the country’s Interactive Gambling Amendment Bill became a fully enforceable law. But a new proposal floated this week is offering aggrieved online poker players fresh hope for a fix. Communications Minister Mitch Fifield said on Tuesday that the government is “favorably disposed” to the idea of…Read More
Pennsylvania’s Republican-controlled House of Representatives passed a long-awaited budget plan on Wednesday night, and gambling expansion, having been left out of earlier drafts, is now part of the deal. However, this doesn’t mean online gambling legalization is a certainty. The provision adding it to the House budget plan doesn’t specify which of several gambling possibilities…Read More
An Oklahoma gambling expansion plan that could cover a substantial budget shortfall isn’t gaining much traction in the Oklahoma City capital. The state legislature is scheduled to return for a special session on September 25, and when it does, lawmakers will be faced with deciding the best method to fix a deficit that came as…Read More
The Pennsylvania legislature is back in session this week, as lawmakers reconvene to resume squabbling about an ever-elusive budget agreement that could, eventually, legalize online gambling. Urgency is growing, though, as the state could go broke on Friday for the first time in its history. Treasurer Joe Torsella and Auditor General Eugene DePasquale have warned that…Read More
UK bookmakers will take a £150 million annual hit as a result of the UK’s regulatory review into fixed-odds betting terminals (FOBTs). That’s based on the most likely outcome of the review, which is expected to slash maximum stakes on the machines from £100 per spin to either £20 or £30, according to government sources…Read More
Cambodia is the latest nation to introduce tighter regulations for its casino industry, in part to attract new investment from international operators. The move follows a US State Department report that described the country’s casino sector as “unregulated or under-regulated,” a designation that would likely keep away American casino interests. While there has been talk…Read More
MGM Japan, an integrated casino resort that could cost as much as $10 billion, will open sometime around 2025. That’s the word according to CEO Jim Murren, at least, who provided details on the licensing process and timeframe for his company’s resort should MGM be receive one of two available gaming licenses from the Asian…Read More
The Supreme Court received an amicus brief this week filed by the American Gaming Association (AGA) that expresses the casino lobbyist’s views that New Jersey’s arguments against the Professional and Amateur Sports Protection Act (PASPA) have merit, and that the federal sports betting ban should be overturned. An amicus brief is a legal document filed…Read More
Caesars Entertainment and MGM Resorts have urged Congress to move quickly on immigration reform, hoping to ease the fears of casino employees who have been left in limbo by the Trump Administration decision to rescind the Deferred Action for Childhood Arrival (DACA) program . The resolution to phase out DACA was announced early Tuesday by…Read More
Las Vegas Sands Chairman Sheldon Adelson was in Tokyo and Osaka last week to get the inside scoop on Japan’s forthcoming integrated casino resort industry. The billionaire also offered up his company’s expertise on the meetings, incentives, conferences, and events (MICE) industry, telling government officials that Sands was there to help in any way possible….Read More
Sunshine State veterans groups think they’re just as worthy of receiving a portion of the profits generated by the Florida Lottery as public education. And now they’ve banded together to initiate legislation that will push towards making that belief a reality. William Helmich, a lobbyist in the state capital of Tallahassee working on behalf of the…Read More
As the UK government prepares to publish the results of an all-important regulatory review of the gambling industry next month, Ladbrokes Coral appeared at the top of a list of companies wining and dining the country’s politicians. UK members of parliament are required to declare publically gifts of hospitality worth £300 ($389) or more, and,…Read More
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