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AGA March Madness Survey Shows Americans Love Watching and Betting on NCAA Tournament, But Not Always Legally

A new survey by the American Gaming Association (AGA) shows just how mad Americans are about college basketball this time of year. The findings, released on Monday, show 47 million adults — or nearly one in five — will make some type of bet on the NCAA Basketball Tournament, which starts this week at various…Read More

Nevada Tourism Industry Delivers State $67.6B Economic Impact During 2018 Fiscal Year

Nevada casinos economic impact Las Vegas

The Nevada tourism industry was responsible for generating a state economic impact of $67.6 billion in the latest fiscal year. The statistics come in the Nevada Resort Association’s (NRA) Fact Book, which is published every two years and assesses the state’s tourism industry – which includes the gaming, hospitality, and leisure sectors. The review concludes…Read More

UK Gambling Commission Survey Shows Possible Decline in Problem Gambling Rates

UK Gambling

Problem gambling in the UK may have dipped slightly in 2018, according to new figures from the country’s gambling regulator, the UK Gambling Commission — but then again, they may not have. While the regulator’s annual Gambling Participation: Behaviour, Awareness and Attitudes survey found that participation in gambling was likely to have risen slightly, the…Read More

10 Percent of Teens in Ireland Illegally Gamble, Government Study Ascertains, But American Kids Are Way Ahead

In the Republic of Ireland, one-tenth of the population between 15 and 17 years old gambled illegally during a 12-month period, according to a survey prepared by NACDA — the country’s National Advisory Committee on Drugs and Alcohol and the UK’s Department of Health (DOH). Released this week by the DOH, research shows that in the…Read More

AGA Gaming Industry Study Shows Charitable Giving, Diversity as Major Tenets

The American Gaming Association (AGA) released a report on Wednesday showing the industry ranks above others when it comes to promoting social responsibility and a diverse workforce. The study — conducted by the US Chamber of Commerce Foundation on behalf of the industry lobbying group —  shows that in 2017, US gaming companies donated $367…Read More

American Gaming Association: 90 Percent of Casino Gamblers Play Responsibly

American Gaming Association responsible gambling

The American Gaming Association (AGA) says new research has concluded that nine out of 10 customers who visit casinos in the US play responsibly. The gaming industry’s leading lobbyist group in DC says the findings come from two separate polls that were conducted late last year. The Mellman Group polled 1,000 registered voters on their…Read More

Voters in New York Support and Oppose Online Sports Betting in Equal Measure, Says Poll

Online sports betting

Voters in New York State are split right down the middle when it comes to the question of legalizing online sports betting. That’s according to a new poll conducted by Siena College, which found that 44 percent favored digital wagering and 44 percent were against it, with 12 percent undecided or indifferent. New York residents…Read More

Another New York Official Joins Call for Study on Problem Gambling

New York problem gambling Thomas DiNapoli

The New York State Comptroller is the latest official to call for a comprehensive study on problem gambling in the Empire State. In an audit released this week, Comptroller Thomas P. DiNapoli said the Office of Alcoholism and Substance Abuse Services (OASAS) has insufficiently studied treatment programs for problem gamblers. “The agency is taking steps to…Read More

New York State Assembly May Launch Gambling Addiction Study, But Is There an Agenda?

In New York, a recent proposal to study gambling addiction is making its way through the State Assembly, even as questions arise if it is a thinly veiled anti-gambling measure. Assembly Bill A00591 calls upon Commissioner Arlene Gonzalez-Sanchez of the State Office of Alcoholism and Substance Abuse Services (OASAS) to commission a statewide evaluation on the…Read More

GVC to Fund Harvard Medical School Problem Gambling Research

GVC

GVC is to plow $5 million into a five-year Harvard Medical School research project to investigate the causes and effects of problem gambling. The UK-based online gaming giant will also provide the school’s Division on Addiction with vast amounts of anonymized player data, collated across the full range of its brands, which include sports betting,…Read More

Black Market Betting Bad for Your Health, Report Warns

Black market betting

Betting on the black market is more injurious to health and wellbeing than betting on regulated markets, a new study by the Asian Racing Federation claims. The research paper looked at six gambling jurisdictions — Hong Kong, Singapore, South Korea, Australia, New Zealand and South Africa — and found there was evidence to suggest that…Read More

Casino Stocks Performing Far Worse Than Indexes, But Analysts Remain Bullish on Gaming Industry

casino stocks gaming industry 2019

Casino stocks have suffered losses much greater than that of many Wall Street general indexes over the past 12 months, but financial analysts remain bullish on numerous gaming companies. The Vaneck Vectors Gaming ETF (exchange-traded fund) is down 26 percent since this time last year. The Dow Jones Industrial Average is down just seven percent…Read More

JPMorgan Forecasts Macau Gross Gaming Revenue Slowdown in 2019

JPMorgan Macau gaming revenue 2019

Gaming analysts at JPMorgan say the days of double-digit gross gambling revenue growth (GGR) for the enclave’s six licensed casino operators are over, at least temporarily. And when it comes to full-year forecasts, the experts have proven to be quite accurate. In their 2019 Macau gaming outlook, JPMorgan analysts DS Kim and Sean Zhuang predict…Read More

Seton Hall University Study on TV Sports Viewership Shows Massive Infusion Likely from Legal Sports Betting

sports betting

As if the US wasn’t sports-crazy enough, TV ratings for sporting events could soar even higher thanks to the emergence of legalized betting, according to the results of a new poll by Seton Hall University. The new survey by Seton Hall Sports Poll suggests that 70 percent of Americans would be more inclined to watch…Read More

Analyst: Las Vegas Not Only Entertainment Capital of World, But Also Sports Capital

Las Vegas sports Golden Knights Raiders

Prominent Las Vegas analyst Jeremy Aguero says the town might need to rethink its tagline as being the “Entertainment Capital of the World” to include sports as well. Aguero, a principal analyst at Applied Analysis, one of Nevada’s leading fiscal and policy research firms, says the NHL Vegas Golden Knights and 2020 arrival of the…Read More