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Illinois Governor Pritzker Quashes DraftKings, FanDuel TV Campaign Attacking Rush Street Gaming

DraftKings

An Illinois TV spot bankrolled by DraftKings and FanDuel that attacked casino owner Neil Bluhm has been axed just a day after its launch, apparently at the behest of the state’s governor J.B. Pritzker. It seems Pritzker doesn’t want Illinois’ conversation about sports betting to descend into a pitched battle between rival stakeholders. Bluhm’s Rush…Read More

BC Calls for Canada-Wide Probe to Establish Extent of Money-Laundering, Federal Government Declines

Money laundering

British Columbia has launched an official investigation into how its casinos were able to become a dirty-money laundromat for Chinese criminal gangs, but Bill Blair, Canada’s federal minister for organized crime reduction, said this week a nationwide probe was not necessary. That’s despite a report by the BC government’s Expert Panel on Money Laundering in…Read More

No Pot Near Casinos: Nevada Gov. Steve Sisolak Pushes New Bill to Keep Marijauna Away from Gaming

Nevada Gov. Steve Sisolak (D) wants the state to regulate its ever-growing legal marijuana industry, calling for possible cannabis lounges to be located well away from casinos, churches, synagogues, and mosques, as well as parks and schools. His new bill — AB533 —  pushes to have any future pot lounges located at least 300 feet…Read More

Japanese Government Delays Casinos Fearing Voter Backlash

Osaka casino

The Japanese government has mothballed plans to establish a regulatory body to oversee its new gambling industry until after summer elections, fearing that any moves related to the impending casino market could hurt it at the ballot box. That’s bad news for officials in the prospective host cities of Osaka, who are desperate to get…Read More

Death Valley Tribe Sues DOI Over Stalled Casino Land Application, Alleging ‘Undue Political Influence’

Timbisha Shoshone

The Timbisha Shoshone Tribe of Death Valley is suing the US Department of the Interior for its failure to sign off on an application take to land into trust for the tribe in Ridgecrest, California. The Timbisha want to build a casino on the Ridgecrest plot but accuses Associate Deputy Secretary of the Department of…Read More

Dutch Government Junks Holland Casino Privatization Plans

Holland Casino

The Dutch government has withdrawn a bill that would have broken up the country’s sole casino chain, the state-owned Holland Casino, and sold its properties off in chunks to the highest bidder. The privatization plan has been eight years in the making and was approved by the House two years ago. But the Casino Gaming…Read More

Steve Wynn Donates $400K to GOP in April, No Plans for Party to Return Money

Steve Wynn — the controversial former chairman of Wynn Resorts and one-time Republican National Commitee (RNC) Finance Chair — reportedly donated nearly $400,000 to two national GOP committees in April, and the party appears unlikely to refund those contributions despite the multiple sexual assault allegations swirling around the billionaire. Wynn has always denied the allegations….Read More

Terre Haute Casino Proposal Moving Forward as Local Officials Begin Planning November Vote

A proposed casino in Terre Haute, Indiana is becoming increasingly likely as Vigo County election officials move forward on holding a referendum this November, following approval of a far-reaching state gambling bill. Three members of the Vigo County Election Board would like the vote in November — when residents head to the polls for election…Read More

Bill to Restore Mashpee Land Rights and Casino Ambitions Passed by US House, Despite Trump Opposition

Mashpee

A bill that would secure the federal trust status of the Mashpee Wampanoag tribe of Massachusetts’ land was approved by the US House Wednesday. The Democrat-backed HR 312 was approved by 275-146, in a vote broadly split across party lines, although 42 Republicans jumped ship. It faces a tougher test in the GOP-controlled Senate and…Read More

MGM China CEO Grant Bowie Confident in Macau Despite US-China Trade War

MGM China US trade war

MGM China CEO Grant Bowie told reporters this week that he remains bullish on Macau’s economy and gaming industry despite the ongoing trade war between the United States and China. Speaking with reporters at the Nam Van Lake Nautical Center where regional executives and employees will compete in dragon boat races next month, Bowie said…Read More

Seminoles End $350 Million Annual Casino Revenue-Share Payments to State of Florida

Seminoles

The Seminole tribe of Florida will cease making paying $350 million a year in revenue-share payments to the state, effective immediately. Local media reports the tribe — which operates Florida’s Hard Rock-branded casinos — hand-delivered a letter from Seminole chairman Marcellus Osceola Jr. to Gov. Ron DeSantis Tuesday announcing that one of the biggest tribal…Read More

Horse Racing Won’t Be Excluded from New York Sports Betting Legislation: Sen. Addabbo

New York mobile sports betting

New York mobile sports betting bill sponsor Sen. Joseph Addabbo (D-15th) has denied his legislation would freeze the state’s racetracks out of a future sports-betting market. Speaking during at a hearing for the bill Monday by the Senate Racing, Gaming and Wagering Committee, which he chairs, Addabbo agreed his bill in its current form appears…Read More

US Gaming Industry Exposure to China Drives Stocks Down Amid Trade War

US gaming industry China trade war

The US gaming industry is feeling the consequences of the escalating trade war with China, as both countries impose hundreds of billions of dollars in tariffs. With China unwilling to compromise on a trade deal with the US, President Donald Trump elevated tariffs on $200 billion worth of Chinese goods effective May 10. The increase…Read More

Nevada, Illinois Pols Call on US Treasury to Raise Tax-Reporting Threshold for Slot Jackpots to $5,000

Reporting Threshold

Congressmembers from Nevada and Illinois have petitioned the US Treasury to up the tax-reporting threshold on slot-machine jackpots, which has been frozen in time at $1,200 since 1977, in defiance of inflation. In a letter dated May 13, US Reps. Dina Titus (D-Nevada) and Darin LaHood (R-Illinois) wrote to Assistant Treasury Secretary David Kautter to…Read More

One Year After PASPA Overturn, Is US Sports Betting State-by-State Growth Living Up to the Hype?

May 14, 2018: that’s the day the sports betting world changed forever in the United States. It’s been a year since the overturn of the Professional and Amateur Sports Protection Act (PASPA), and the push for massive US sports betting expansion has had a tumultuous 12 months. The US Supreme Court (SCOTUS) ruled a year…Read More