2018 was a very good year if you happened to own a land-based casino in the United States. That's the word from the the American Gaming Association's (AGA) State of the States 2019: The AGA Survey of the Commercial Casino Industry. According to the report, America's casinos clocked in a record-breaking $41.7 billion in revenue…
US District Court Judge Paul Barbadoro handed a major victory to US gambling interests by striking down the Department of Justice's recent reinterpretation of the Federal Wire Act of 1961. In doing so, Judge Barbadoro saved interstate gaming, including the popular Powerball lottery and online poker liquidity pools. In a detailed, 60-page ruling, Judge Barbadoro…
Illinois state lawmakers have finally come up with a sports betting bill that had enough bells and whistles on it to make a trip to the governor's desk for signing. On Sunday night, SB690, which contained a number of capital improvement measures alongside the regulation of sports betting passed both the House and Senate by…
Las Vegas casinos have always been the bulwark of the American casino industry. They've thrived in good times and bad. During recessions and booms the casinos of the Vegas Strip were a reliable source of revenue for their owners. But something very unusual has been happening in Sin City over the last four months, revenue…
Sports betting and New Orleans-style Hurricanes sound like a pretty good combination for the state of Louisiana. But if that's your idea of a good time, you shouldn't rush to the airport. Earlier this week, Louisiana lawmakers killed a bill that would have allowed regulated sports betting in the state's 16 casinos and four racetracks.…
NBA Commissioner David Stern is playing hardball when it comes to extracting revenue from regulated sports betting operators in the United States. Late last week, the league sent out a letter to US sportsbooks threatening to cut them off from the NBA's official data stream (as administered by Sportradar - the league's official datastream provider).…
Earlier this week the Nevada Gaming Commission (NGC) awarded a coveted Nevada gaming license to GVC Holdings, despite serious reservations about the company's activities in grey markets such as Turkey. The recommendation to the NGC came after 2-1 decision by the Nevada Gaming Control Board (NGCB), who also had a few reservations about GVC Holdings…
How addictive are lottery tickets and scratch cards? Though they seem innocuous, they present just as much of a threat to a gambling addict as a slot machine or a craps table. But most people, including gambling addicts, don't see it that way and lawmakers in the state of Florida are looking to change that…
Remember back in the old days when DraftKings swore up and down that it wasn't a gambling company? And do you remember back in the old days when the Walt Disney corporation was a bastion of family values that wouldn't get involved with gambling under any circumstances? Well, those days are officially in the past.…
Ever since regulated sports betting began its march across the state houses of US States, professional sports leagues have wanted a piece of the action in the form of so-called integrity fees. These fees, in the fever dreams of league commissioners, usually involve a .25-.50 percent cut of every wagers that would be used for…
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