MrCasinoGames
Posted by MrCasinoGames
May 08, 2019

Gaming-News This-Week 5/Sun/May/2019

Todays Gaming-News: 11/May/2019.
* Anyone is Welcome to DISCUSS, ADD or TAKE Gaming-News from HERE.

9. Prospects for the Development of the Mobile Gaming Market. http://bit.ly/2WwNied
From year to year, the mobile gaming market is gaining momentum. Will this trend change its direction in 2019?

8. As the Playoffs Heat Up, the NBA Looks to Profit From Gambling. https://bloom.bg/2LENsPI
A new reality is setting in for U.S. sportsbooks: Some will lose access to official NBA data in the coming days, right in the middle of the playoffs.

7. How the California Hotel shaped Las Vegas into Hawaii’s ‘ninth island’. https://nbcnews.to/2vThTH6
When Harriet Shobu first stepped foot in the California Hotel and Casino in Las Vegas in 1983...

6. NASCAR’s in-race betting plan might stall at sportsbooks. http://bit.ly/2Yn0dA0
NASCAR hopes to rev up interest in its sport by offering in-race wagering.

5. New Hampshire Sports Betting Bill Has Clear Path to Passage After Senator Steps Back. http://bit.ly/2Yn0dA0
It appears NH sports betting is on its way to legislative approval after a key senator backed down from a game of chicken to attach a doomed casino expansion to the proposal.

4. NCAA to consider Las Vegas for future Frozen Four, committee chairman says. http://bit.ly/2Hmlnrc
For years, Las Vegas sports fans have bemoaned the NCAA’s archaic ban of national championship events in the area because of gambling.

3. Are Atlantic City casinos cashing in on Vans Warped Tour? http://bit.ly/2Jd0JNn
The final weekend in June is shaping up to be a major tourism draw and the resort’s nine casinos have priced their hotel rooms accordingly.

2. The New Gold Rush: Illinois Lawmakers Are Growing Worried as Neighbors Move to Expand Gambling. http://bit.ly/2E4whkj
As part of an ongoing investigation into video gambling and its impact in Illinois...

1. How Football Index is betting on a different future in soccer gambling. http://bit.ly/2JyDwVl
Football Index marks a new venture into the sports betting world. Rather than gamble on the short-lived outcome of a single match.

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Todays Gaming-News: 10/May/2019 NTG.
* Anyone is Welcome to DISCUSS, ADD or TAKE Gaming-News from HERE.

28. GVC gets closer to obtaining a Nevada gaming license. http://bit.ly/2VqMCup

27. Wynn Resorts revenue drops nearly by 4%, hit by VIP operations' decline. http://bit.ly/2PYT2Lb

26. Illinois lawmakers discuss higher sports betting fees and video gambling tax. http://bit.ly/2vQyuLO

25. New Hampshire House throws out casino bill once more. http://bit.ly/2YnxhaP

24. New research finds a link between loot boxes and gambling. http://bit.ly/2WCvj6e

23. BtoBet launches portfolio of advanced and tailored content for Africa. http://bit.ly/30abHIU

22. With investigation behind them, Wynn focuses on Encore Boston Harbor opening, Macau. http://bit.ly/2Hd8NKL

21. MGM Springfield casino project wins highest Leadership in Energy and Environmental Design certification. http://bit.ly/2Jdd6Jm

20. Tourism spending in New Jersey hit $44.7 billion in 2018. http://bit.ly/30c7Dry

19. Golden Entertainment posts quarterly loss; Strat project on schedule and on budget. http://bit.ly/2vSbZWG

18. New York) Through more than four hours of testimony during a legislative hearing Wednesday on how sports betting might work in New York State... http://bit.ly/2EcoMYT

17. Pennsylvania) Don’t jump the gun. In the case of the Sands Bethlehem Casino Resort sale, local officials expected to see the item taken up for state approval at the Pennsylvania Gaming Control Board’s May 15 meeting in Harrisburg. http://bit.ly/2LBxrdt

16. Indiana) A table game dealer at Hollywood Casino Lawrenceburg is facing criminal charges after he was allegedly caught cheating. http://bit.ly/2YldjxG

15. Illinois) If the state of Illinois wants more revenue from video gambling, one gaming industry executive said Thursday... http://bit.ly/2Jt8zSe

14. Oklahoma) The Choctaw Nation of Oklahoma is placing a more than $500 million bet on expanding the Choctaw Casino & Resort in Durant, Oklahoma, more than 330 miles north of Houston. https://abc13.co/2YhV787

13. Las Vegas) Longtime gaming industry executive Alan Feldman has joined the International Gaming Institute at the University of Nevada, Las Vegas as a Distinguished Fellow in Responsible Gaming. http://bit.ly/2WCsJgj

12. Calls for mandatory tax on gambling industry to treat addiction in UK. http://bit.ly/2PYtzBI

11. Falling VIP volume marks tough quarter for Genting Singapore. http://bit.ly/2Jww9xw

10. India) An offshore casino in Goa that recently deployed in River Mandovi in controversial. http://bit.ly/2Vv3OPg

9. Denmark) Danish gambling operator Danske Spil has brokered a deal to take ownership of Tivoli Casino’s online gaming business. http://bit.ly/2VUbUAE

8. Macau) Walt Power, non-executive director and former CEO of South Shore Holdings, owner of THE 13 Hotel in Macau, has moved to deny recent media reports concerning his departure from the company as CEO. http://bit.ly/2VqY4WS

7. Philippines) The sudden surge of offshore gambling firms during Duterte is not surprising. In the 1980s, the widespread inefficiency of and rent-seeking in Philippine government-owned and controlled corporations (GOOCs) limited state investment on public goods that could have reduced the cost of investing... http://bit.ly/2WHgQpL

6. Expanding horizons: Suncity’s global dream.
Andrew Lo, Chief Investment Officer and Executive Director of Hong Kong-listed Suncity Group, provides some unique insight into the ambitious expansion plans for Macau’s leading junket operator. http://bit.ly/2JbWOQZ

5. Deconstructing Donaco
Australia-listed Donaco has falling revenue, no CEO, a multinational legal dispute with a major shareholder, a new largest shareholder that wants out, a gutted share price and a pair of unmatched frontier market border casinos. Otherwise, it’s doing great. http://bit.ly/2Vf9nfN

MGM and Las Vegas Sands Applies for Osaka Casino License. http://bit.ly/2Jv6BB2

4. Genting Spore Q1 beats estimates, but analysts cautious on outlook. http://bit.ly/2He9RxM
Genting Singapore Q1 results topped expectations, mainly helped by a higher luck factor, though analysts say they are cautious about near-term prospects.

3. MGE sees revenue, income fall in first quarter of 2019. http://bit.ly/2LBm3hz
Mohegan Gaming & Entertainment, the company behind the Mohegan Sun in Connecticut and Inspire Korea in Incheon, recorded a fall in net income and revenues for the quarter ended March 31, 2019.

2. Wynn Palace revenues not enough to offset overall revenue decline. http://bit.ly/2Hea0Bk
Strong results for Wynn Palace was not enough to fully offset the total revenue decline for Wynn Resorts in 19Q1, with Wynn Macau and Las Vegas operational revenue falling in the quarter.

1. Robust rules lacking in live casino boom. http://bit.ly/2Vv5Te2
Cambodia is Indochina’s undisputed king of live dealer gaming, with land-based casinos rushing to install dedicated set-ups to stream action from gaming floors to online players.

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Todays Gaming-News: 9/May/2019 NTG.
* Anyone is Welcome to DISCUSS, ADD or TAKE Gaming-News from HERE.

35. NJ) Attorney General files lawsuit claiming DoJ FOIA violation. http://bit.ly/2E03CwH

34. Indiana) Governor signs sports betting bill into law. http://bit.ly/2WBHr7A

33. Colorado) Colorado betting bill headed to Governor’s desk after Senate approval. http://bit.ly/2Wy3s7h

32. Washington DC) Sports betting legislation becomes law. http://bit.ly/2VS27eh

31. Attorney General Gurbir Files Suit to Find Whether Trump Tries to Ban Online Gambling or Not. http://bit.ly/2Hb1pQY

30. Esports Entertainment Group steps towards a securities offering. http://bit.ly/2VstZpM

29. Great Canadian Gaming revenue affected by money-laundering crackdown. http://bit.ly/307HE4v

28. Colombian Congress approves changes in tax regulations affecting gambling. http://bit.ly/2vPsove

27. US House freezes casino bills after opposition from Donald Trump. http://bit.ly/2VMgrFh

26. Rhode Island Lottery cuts expectations for sports betting revenue in half. http://bit.ly/2VthtXa

25. Stadium LLC Philadelphia casino project could include a sportsbook. http://bit.ly/308reJ1

24. Genius Sports Group secures betting data deal with Football DataCo. http://bit.ly/2DXUHMc

23. The Stars Group and Fox Sports announce partnership to launch 'FOX Bet'. http://bit.ly/2H91iW5

22. Indiana legalizes sports betting and green-lights new casinos. http://bit.ly/2Q4witz

21. International) The gambling industry could see more mergers and acquisitions... https://cnb.cx/2VVmZRQ

20. Asia) Macau Legend Development Ltd has warned of the existence of a fraudulent website running lottery operations and making use of the company’s name... http://bit.ly/2H9IciS

19. United Kingdom) The UK advertising watchdog has banned a Paddy Power TV campaign featuring the brother of Ryan Giggs... http://bit.ly/2YnmCx9

18. Connecticut) As gambling negotiations with the Connecticut tribes enter their fifth month, Gov. http://bit.ly/2Vcn2o6

17. Atlantic City) A major U.S. sports network is getting into the sports betting game. http://bit.ly/2VfgHYS

16. Washington D.C) Jonodev Osceola Chaudhuri has a new job lined up now that he’s leaving the National Indian Gaming Commission...http://bit.ly/2V7KBOF

15. Alabama) A proposal to start a state lottery in Alabama is heading to a public hearing in the state House of Representatives. http://bit.ly/2Ho8Ljl

14. Pennsylvania) More than a year after Las Vegas Sands revealed it was selling off its Bethlehem casino to an Alabama-based Indian tribe, the $1.3 billion sale is expected to go before state regulators next week. http://bit.ly/2H9PfXF

13. Oklahoma) After many years of discussion, planning and hard work, today, Wednesday, May 3, 2019, a groundbreaking ceremony for the Lucky Star Casino Watonga Hotel & Convention Center was held in Watonga, OK. http://bit.ly/2vMA5Cp

12. Las Vegas) More than four years after he imploded the Clarion, developer Lorenzo Doumani has received approvals to build a luxury hotel in its place near the north Strip. http://bit.ly/2Yg8ndf

11. New York lawmakers mull sports betting on mobile devices. http://bit.ly/2VWqS97
New York will lose out on hundreds of millions of dollars or more if it doesn’t...

10. Indiana joins list of states legalizing sports betting. http://bit.ly/2vMy5dn
Sports betting will become legal in Indiana and construction of two new casinos will be...

9. Genting Malaysia results could be better than expected: RHB. http://bit.ly/2Lz5HpT

8. Beckham to help design Sands’ Londoner Macau. http://bit.ly/2Lwg39R

7. Asia Pacific may be focus for casino M&A, investor says. http://bit.ly/2V8aC0t
Asia Pacific may become a focus for more mergers and acquisitions in the casino industry...

6. Melco wary of MGM-Orix partnership in Osaka. http://bit.ly/2LHtzYu

5. ASEAN tourism to grow, but challenges remain. http://bit.ly/2Lvlhmh
The ASEAN region is poised for a significant tourism boom...

4. Bloomberry sees net profit shrink 40 percent in 19Q1. http://bit.ly/2VckqGO
Bloomberry Resorts, the operator of the Solaire Resort & Casino...

3. Sands China reveals gaming and non-gaming features of The Londoner Macao. http://bit.ly/2Ho6PY7
Sands China’s transformation of Sands Cotai Central into The Londoner Macao will see the property's main façade…

2. Lawrence Ho says Golden Week volume Melco’s “best in five years”. http://bit.ly/30bDdW6
Melco Resorts and Entertainment Chairman and CEO Lawrence Ho says he expects the company to post significantly...

1. Sasebo mayor confirms intention to move forward with IR bid as fourth term begins. http://bit.ly/2Yg6nlf
Sasebo Mayor Norio Tomonaga has reiterated his intention to push forward with eight key projects, including…​

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Todays Gaming-News: 8/May/2019 NTG.
* Anyone is Welcome to DISCUSS, ADD or TAKE Gaming-News from HERE.

33. New Jersey sues US for documents on online gambling crackdown linked to Las Vegas Sands. http://bit.ly/2vIfnn8

32. "Esports and sports betting are set to drive America’s biggest tech boom in 20 years". http://bit.ly/2J91l6I

31. Brazilian lawmakers to reopen debate on legalized gambling. http://bit.ly/2VdE8BH

30. "In Colombia, we found customers are looking for interconnection between products in the casino". http://bit.ly/2E07vSy

29. Maine legislators reject several sports betting bills, leaving a single proposal. http://bit.ly/2H8PEeb

28. Maryland casinos have second-best month ever with USD 145.2 M in revenue in April. http://bit.ly/2Jqj34R

27. Sinclair's new deal with Disney aimed at sports betting expansion http://bit.ly/307Rwek

26. Sweden) William Hill has launched its brand in the Swedish igaming market...http://bit.ly/2HaLi4G

25. Australia) The acquisition in December 2018 of a nearly 10-percent stake in Australia-listed Asian casino operator Donaco International Ltd...http://bit.ly/2DTpXfq

24. United Kingdom) The UK Gambling Commission (UKGC) has issued an update reminding all industry stakeholders that new rules on online age...http://bit.ly/2J6ESY5

23. Asia) Melco Resorts & Entertainment Limited booked slight increases in operating revenue and Adjusted EBITDA in the...http://bit.ly/2YaR6SE

22. Alexander? James? Spencer? Name game is on for royal baby. http://bit.ly/2Yg7EJe
Britons love to lay down their bets – and with the birth of a healthy baby boy for Meghan

21. Singapore fills coffers with nearly $1 billion on casino visits. https://bloom.bg/2JbqQnJ

20. Texas) ESPN bring its inaugural Collegiate Esports Championship finals to Houston this...http://bit.ly/2LF2G7w

19. Las Vegas) A spread of land south of the Strip that was eyed for a stadium and an arena during the bubble years...http://bit.ly/2VlAhHQ

18. Las Vegas) MGM Resorts International and nightclub operator Hakkasan Group ended several of their management agreements over locations inside the casino operator’s Las Vegas Strip resorts. http://bit.ly/2Ja3uyS

17 Massachusetts) A vote in the U.S. House of Representatives Wednesday will help decide the fate of the First Light Resort and Casino in Taunton. http://bit.ly/2J7Pk1h

16. North Carolina) A Congressional bill that would make way for a new casino is sparking controversy in western North Carolina. http://bit.ly/2YeEmKW

15. Ohio) Gambling revenue at Ohio’s 11 casinos and racinos totaled $160.2 million in April, down 1.1 percent from a year ago...http://bit.ly/2YgCZLU

14. Michigan) The Michigan House Ways and Means Committee recently held a hearing to discuss several gaming expansions under consideration by the legislature...http://bit.ly/2H8txUS

13. WSOP: NJ online poker players can compete for bracelets despite Wire Act worries. http://bit.ly/2WvsBPL
Despite the looming threat of the Department of Justice’s enforcement of the Wire Act, NJ online poker players will still get the...

12. Germany submits State Treaty to European Commission. http://bit.ly/2V5ulxP
Germany has submitted its third amended State Treaty on Gambling to the European Commission as it seeks to extend a seven-year trial of open competition in the market.

11. UKGC enforces new code on player age & ID. http://bit.ly/2J6ESY5
The UK Gambling Commission has introduced new age-verification rules that...

10. In-play betting and the future of exchanges in the USA. http://bit.ly/2Ja0qmm
It’s news to no one that the US betting market is about to explode, state by state, as betting on sports becomes legal.

9. "At risk" players and the risk of competition. http://bit.ly/2WwVqLC
Recent weeks have seen GVC, Svenska Spel, and number of other online gambling operators all calling for a total ban on broadcast advertising.

8. Melco Q1 revenue gains 4 percent on Macau mass market. http://bit.ly/2JzhVMD
Melco Resorts & Entertainment posted a 4 percent gain in Q1 revenue...

7. MACAU) Japan tourism minister visits Cotai Strip. http://bit.ly/2V9R4bS
As part of his Golden Week travels abroad Minister of Land, Infrastructure...

6. City of Dreams Macau leads the way as Melco Resorts shows improvement in 1Q19. http://bit.ly/2DUXXbg

5. N.J. Attorney General sues DOJ over casino owner’s link to Wire Act opinion. http://bit.ly/2VIFGIz
The state Attorney General has filed a lawsuit against the...

4. Rhode Island lottery cuts expectations for sports betting revenue in half. https://www.cdcgamingreports.com/con...ter-into-2020/
The Rhode Island lottery now says sports betting is expected to bring in about $15 million in the next fiscal year...

3. Maryland casinos generate $145.2 million in revenue in April. http://bit.ly/2Lu9ILW
Maryland’s six casinos generated a combined $145.2 million in revenue in April...

2. MLB’s Gamble On Integrity Fees And Its Official Data Stream Getting Pushback From Gaming Operators. http://bit.ly/2WvDBws
As legalized sports wagering becomes more prevalent outside of Nevada and New Jersey..

1. What is next for Trump Plaza and the Atlantic Club? http://bit.ly/2J7tUl3
Bob Smith is at a loss for words when trying to explain to tourists what is happening with the Boardwalk’s two biggest vacancies.

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Todays Gaming-News: 7/May/2019 NTG.
* Anyone is Welcome to DISCUSS, ADD or TAKE Gaming-News from HERE.


​18. This Week in Gambling. Video: http://bit.ly/2H23Mo6
We've had two addition states pass sports betting regulation, with another two on the edge of legalizing it as well.

17. US states about to legislate should treat eSports betting in a similar way to traditional sports. http://bit.ly/2LvJed2

16. The NHL has taken a progressive approach to sports betting. http://bit.ly/2DVlNnd

15. Colorado sports betting bill heads to Governor after Senate approval. http://bit.ly/303AY7i

14. Governor Signs the Bill to Legalise Sports Betting in Montana. http://bit.ly/2YcPF6u

13. Las Vegas Raiders stadium begins dangerous construction phase. http://bit.ly/2V8vtR8

12. MBS, Genting to pay fair market value for Singapore land. http://bit.ly/2J1ryny
Marina Bay Sands and Genting Singapore will pay fair market value for the land they have been allocated as part of a S$9 billion ($6.65 billion) expansion of their properties in Singapore.

11. Singaporeans pay S$1.3b in casino entry fees. http://bit.ly/2JtgWxr
Singaporean citizens and permanent residents have paid about S$1.3 billion in casino entry fees since the island state’s two IRs opened in 2010.

10. Illegal betting kingpins arrested on Sunday. http://bit.ly/2VhShCW
India’s authorities have arrested two top-bosses of an international betting syndicate...

9. Melco receives workplace accolade. http://bit.ly/3032NNe
Melco Resorts & Entertainment has been named among the Best Companies to Work for in Asia 2019 in the hospitality sector for Hong Kong and Macau.

8. Singapore’s casinos have raised around SG$1.3 billion (US$953 million) from the mandatory entry levy ...

7. Donaco International co-founder Joey Lim says he still has full confidence in the future of the company’s…

6. Inside Asian Gaming*will host the second installment of Macau After Dark (MAD) this Friday 10 May 2019…

5. Macau junket operator Suncity Group will launch its 14th international VIP Club and second in Cambodia…

4. New Nevada Gaming Control Board chair bracing for challenging months ahead. http://bit.ly/2LumlqD
It seems the use of Sandra Douglass Morgan’s array of experience in gaming and in sports couldn’t have come at a better time for state gaming regulation.

3. Why Montana’s Governor vetoed a sports betting bill. http://bit.ly/2VMIVhR
Montana Senator Mark Blasdel was worried this would happen.

2. Maine sports betting legislation faces further study. http://bit.ly/2H17tKD
Lawmakers said Monday they need more time to decide on a push to allow sports betting in Maine that’s been spurred by a U.S. Supreme Court decision.

1. Puerto Rico; A Unique Sports Betting Challenge. http://bit.ly/2V1reXC
In Puerto Rico, gambling happens everywhere from corner bars to corporate-owned casinos to the Hipodrom Camarero.

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Todays Gaming-News: 6/May/2019 NTG.
* Anyone is Welcome to DISCUSS, ADD or TAKE Gaming-News from HERE.

31. Following reversal at Wynn, is free parking on the Las Vegas Strip making a comeback? http://bit.ly/2Lu5OD2
Free drinks. Free buffets. Free hotel stays. Each perk at one time padded every visit to the Strip and up until a few years ago, that list included free parking.

30. Caesars Entertainment and Caesars Foundation launch Economic Equity Tour. http://bit.ly/2DSnyBy
The six-city tour will provide education and skill development to current and potential employees, suppliers and community members.

29. Golden Nugget Las Vegas presents Honky Tonk at The Tank. http://bit.ly/2LpQUxz
Golden Nugget's revamped poolside bash features a limited residency with local band The Rhyolite Sound.

28. Montana becomes the first state to legalize sports betting in 2019. http://bit.ly/2PLCAxK

27. Phil Ruffin confirms interest in buying Caesars' Strip properties. http://bit.ly/2VfXwDf

26. Paddy Power Betfair's Q1 powered by a nearly 50% increase in the US. http://bit.ly/2DPoWVG

25. Illinois could face a gambling expansion including sports betting and new casinos. http://bit.ly/2ZZOsRD

24. Cirsa acquires Giga Games from Juan Lao's Conei Corporación. http://bit.ly/2PRrJT5

23. Macau's gaming revenue expected to resume growing since May. http://bit.ly/2PQ6JMk

22. Gambling expansion, sports betting on collision course as end of Illinois’ legislative session nears. http://bit.ly/2Lq82Dc
The smart money says that if Illinois lawmakers are going to legalize sports betting this spring, it’s going to be part of a larger gambling expansion deal that also includes new casino licenses and expanded betting options at horse tracks.

21. Treasure Island owner eyeing Caesars’ Las Vegas Strip properties. https://buff.ly/2vFLMdV
Eldorado Resorts, Boyd Gaming and other large casino operators are mum about their possible interest in buying Caesars Entertainment Corp. properties. But not Treasure Island owner Phil Ruffin.

20. Kentucky Derby disqualification costs bettors around $9 million. https://es.pn/2vNamtf
It will go down in betting lore as the $9 million disqualification. Kentucky Derby favorite Maximum Security crossed the finish line first but was subsequently disqualified Saturday, making long shot Country House the winner.

19. (New York) New York lawmakers are considering legislation that would allow wagering on sports on mobile devices, an issue that's also being debated in other states. The Senate Standing Committee on Racing, Gaming and Wagering will hear testimony Wednesday in Albany. http://bit.ly/2YfeEWN

18. (Atlantic City) More than 10,000 casino and hospitality employees will have the opportunity Friday to vote for union leadership, and the choice is between two familiar tickets. Bob McDevitt, president of UNITE HERE Local 54 since 1996, is being challenged by Al Tabei for control of the labor union that represents nearly one-third of casino workers in Atlantic City. http://bit.ly/2vG9CGi

17. (Atlantic City) A perennially challenged Atlantic City casino will finally turn a profit this month and chart the way forward under the ownership of a New York hedge fund. The Ocean Casino Resort, which until a few weeks ago was known as the Ocean Resort Casino, has greatly reduced its debt and will return to profitability in May, according to Eric Matejevich, the interim CEO managing the oceanfront property while an ownership transfer takes place. http://bit.ly/2Y3y94u

16. (Alabama) After clearing the state Senate without a vote to spare, a proposal to establish a state lottery in Alabama faces an uncertain outlook in the House of Representatives. House members are seeking changes to the bill including how the state will use lottery revenue. http://bit.ly/2PRoHhF

15. (Virginia) Local church leaders are not thrilled with the possibility of Danville taking a gamble on luring in a casino. Most ministers who talked to Danville Register & Bee are morally opposed to the idea, saying a betting establishment will encourage residents, especially the poor, to spend money they don’t have and become addicted to gambling. http://bit.ly/2vGbDmb

14. (Tennessee) This week, the Tennessee legislature passed a bill to legalize online sports betting. Here are five things to know about the legalization. http://bit.ly/2PUtAGU

13. (Iowa) As legislators recently cleared the way for the state’s newest gambling expansion into online-based sports wagering, Sen. Joe Bolkcom waved his smartphone on the Senate floor and hailed the alluring device as Iowans’ new pocket casino. http://bit.ly/2vHJWsY

12. (Uganda) The Uganda Lotteries and Gaming Regulatory Board has prequalified Gaming Laboratories International to provide independent testing laboratory services for the financial years 2018-2022. http://bit.ly/2H6HQcS

11. (Canada) The Ontario government has eliminated funding to an organization that researches problem gambling, ordering it to wind down operations by the summer. http://bit.ly/2PR5Tip

10. (Japan) The education ministry has come up with reference documents for high school teachers to guide them in preventing addiction to gambling and other activities and substances. http://bit.ly/2LALO1k

9. (China) Police in east China's Anhui Province have arrested seven people for organizing cross-border online gambling, which involves 2.1 billion yuan (around 312 million U.S. dollars). http://bit.ly/2LqCihy

8. Macau to face worker shortages. http://bit.ly/2WtbSfQ
Macau is likely to face a shortfall of about 7,525 workers by 2020, with vacancies most likely to be in senior and middle management, according to a government survey.

7. Ian Fok takes over for Stanley Ho at STDM helm. http://bit.ly/2LpEzJJ
Ian Fok, the second son of gaming tycoon Henry Fok, has taken over as the new chairman of Sociedade de Turismo e Diversões (STDM).

6. Macau VIP leakage not a result of ASEAN casino rise. http://bit.ly/2J8nWjZ
Lower VIP gaming tax and the improving quality of casinos in the ASEAN region will see more high-rollers trying their luck in casinos located in Cambodia and the Philippines, say analysts from Morgan Stanley.

5. Visitor arrivals surge during May Labor Day holiday. http://bit.ly/2H5Skck
Visitor arrivals to Macau during the four day Labor Day holiday surged by 37 percent year-on-year, according to provisional statistics.

4. Overseas leakage not to blame for Macau’s VIP revenue slowdown: Morgan Stanley. http://bit.ly/2GZYgCt
Concerns over the loss of VIP business from Macau to increasingly attractive regional destinations are unfounded…

3. South Shore Holdings says talks ongoing over potential HK$1.5 billion investment into THE 13. http://bit.ly/2WrlU13
Hong Kong-listed South Shore Holdings says that negotiations regarding a potential investment of …

2. Macau visitor numbers rise 37.0% during Labour Day holiday. http://bit.ly/2PNW0lK
The number of visitors entering Macau during the first three days of the Labour Day holiday from 1 to 3 May…

1. Sands China continues responsible gaming advanced training programme. http://bit.ly/2YgK3bt
Sands China has continued its Responsible Gaming Ambassador advanced training programme, aimed at educating …

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​Todays Gaming-News: 5/May/2019 NTG.
* Anyone is Welcome to DISCUSS, ADD or TAKE Gaming-News from HERE.

10. Though future online, casinos pour cash into sportsbooks. http://bit.ly/2WoIqaT
Mobile apps might drive the future of sports gambling in the United States, but casinos are still betting big on physical sportsbooks as legal wagering expands to new places.

9. Problem gambling gets less than sought by Nevada governor. http://bit.ly/2ZZ8sDO
Nevada lawmakers Friday voted to reduce what the governor sought for the problem gambling program by more than half and rejected the idea of earmarking Gaming revenue to pay for it.

8. Montana governor signs sports betting bill, state hopes to have wagering by football season. http://bit.ly/2VFwBAd
Montana became the first state to legalize sports betting this year after Gov.

7. Colorado voters could decide on allowing sports betting in casinos. http://bit.ly/2J0QzPR
In the final day of the 2019 Colorado General Assembly, lawmakers have given final approval to asking voters if they’ll allow licensed casinos in Colorado the ability to take wagers on sporting events. The measure will head to Governor Jared Polis for approval.

6. Las Vegas-based sports betting funds run by ex-felon eyed by SEC. http://bit.ly/2vEYCcw
One investor, a retired engineer from Texas, thought of traveling more with his grandchildren as his $50,000 investment in Vegas Basketball Club climbed to more than $700,000 in 15 months.

5. Las Vegas’ latest building boom: NFL stadium and new resorts. https://lat.ms/2GYmWv0
Travelers will see a different Las Vegas in the coming months, including a new NFL stadium for the coming Las Vegas Raiders, two new resort complexes and a convention center expansion.

4. Washington to create a statewide no-play list to help gambling addicts. https://kiro.tv/2ViHHvq
Washington lawmakers are trying to step up efforts to address gambling addiction and ensure the resources are available for those in crisis. Governor Jay Inslee signed a bill, sponsored by Democratic Rep.

3. Mount Airy Casino Resort unveils expansion. http://bit.ly/2Y98HdY
A significant investment in the Poconos was unveiled Friday morning, and it has leaders of Mount Airy Casino Resort feeling lucky. A $40 million dollar expansion project has come to life. "It's so incredibly impressive, it's so top shelf," says Chris Barrett, President/CEO, Pocono Mountains Visitors Bureau.

2. Adelson-owned casino scores victory in Pennsylvania’s high court. http://bit.ly/2J0VMHc
A component of Pennsylvania’s 2017 gambling expansion law was struck down late last month. The legal challenge was led by Sands Casino Resort Bethlehem, owned by Las Vegas casino magnate Sheldon Adelson.

1. Parq Vancouver misses debt payment as casino seeks to refinance. https://bloom.bg/2JgnSxH
Luxury casino Parq Vancouver’s parent company missed an interest payment on a second-lien loan as it struggles to refinance debt taken on to build one of the largest-ever private developments in British Columbia. Parq Holdings LP was downgraded to selective default from CCC by S&P Global Ratings Thursday after the expiry of a 30-day grace period.

​This-Weeks Hot-News.

H10. Wynn Resorts ends ‘despised’ paid parking at its Las Vegas Strip resorts. http://bit.ly/2PJ5RJF
Wynn Resorts ended it two-year-old paid parking program in Las Vegas, announcing Monday it was offering free self-parking at its Wynn Las Vegas and Encore garages for all guests, without limitation, and without the need for validation.

H9. MGM: Companywide workforce reduction to cover 1,000 job eliminations by June. http://bit.ly/2H2HvaZ
MGM Resorts International said Monday its total workforce reduction will cover roughly 1,000 employees by June – almost four times the number of positions the company said it eliminated last week. The Las Vegas-based casino giant spent a good portion of first quarter earnings conference call discussing the MGM 2020 cost reduction efforts, which the company believes will lead to an additional $300 million in cash flow by 2021.

H8. Caesars touts quarterly results, offers little insight into company’s future. http://bit.ly/2H2HvaZ

H7. Wynn Resorts fined $35M by Massachusetts for misconduct allegations response. http://bit.ly/2J7R367

H6. ‘Gaming-focused’ Jamul Casino allows Southern California tribe to control its destiny. http://bit.ly/2WqxcTg

H5 What is a gaming regulator’s job? http://bit.ly/2VOEcfC
Gambling regulators in Louisiana, New Jersey and Massachusetts have some big issues on their plates and no one is quite sure what to expect. Big issues in regulation are not uncommon in gaming. Casino gaming is a highly regulated industry and regulators play very prominent roles. As conditions change and the industry evolves, regulators are faced with adapting to new circumstances and that can be challenging.

H4. Murren says the focus is on MGM 2020, downplays any deal for the Cosmopolitan. http://bit.ly/2WtAVzK
Jim Murren attempted on Monday to stamp out speculation that MGM Resorts International wants to acquire the Cosmopolitan of Las Vegas, which was put up for sale two weeks ago. I’m not sure he succeeded. MGM’s CEO would rather have the investment community focus on the MGM 2020 corporate restructuring program, which the company expects will result in $300 million of additional cash flow by 2021.

H3. Too big to fail U.S. Pacific Island casino keeps failing. http://bit.ly/2V0X8Dt
Last Friday’s Marianas Variety newspaper reports the Rotary Club of Saipan raked in US$34,000 from a Las Vegas Night. Perhaps the Rotarians can teach Imperial Pacific International how to operate a profitable casino on the U.S. Pacific island, part of the Commonwealth of Northern Marianas Islands.

H2. Macau’s casino market suffers largest revenue decline in almost three years during April. http://bit.ly/2IVPR6v

H1. Vancouver’s once rollicking casinos hit by dirty money crackdown. https://bloom.bg/2YbQi05

MrCasinoGames
Posted by MrCasinoGames
Jun 16, 2013

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