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Gambling News - 'Casino'
Casino
March 22, 2024
New Jersey Court Reexamines Casino Property Tax Amendments
A New Jersey Appellate Court panel recently heard arguments in two cases concerning amendments to the state governing how much money casinos pay in lieu of property taxes. The cases, brought by Atlantic County and the nonprofit Liberty and Prosperity, revolve around changes made in 2021 that excluded internet gaming and online sports betting revenues […]
Industry
March 22, 2024
New Study Suggests Online Gaming Boosts Brick-and-Mortar Casinos
A recent study commissioned by the Sports Betting Alliance (SBA) has shed light on the symbiotic relationship between online and traditional casinos, challenging conventional notions that digital platforms undermine physical establishments. Analysis Group Study Reveals Surprising Growth in Brick-and-Mortar Revenue Amid Legal iGaming Expansion Conducted by the Analysis Group, the study delved into the impact […]
Business
March 21, 2024
Las Vegas Sands CEO Goldstein Divests $5.2M in Company Shares
Recently, Robert Goldstein, Las Vegas Sands’ chief executive officer (CEO), divested a number of his shares in the company. The sale involved 100,000 shares of Class A common stock in the Las Vegas Sands, a Form 144 filing with the Securities and Exchange Commission (SEC) reveals. The SEC filing confirms that the 100,000 shares have […]
Poker
March 21, 2024
Acres Highlights Impact of Advantage Players on Loyalty Programs
Acres Manufacturing Company, a developer of casino tech and loyalty programs, has published a study on poker, which reveals how expert poker players impact the industry’s income. The case study is powered by the company’s Video Poker Analyzer (VPA) product, providing important insights into the ways in which Advantage Players (APs) affect the sector. For […]
Casino
March 21, 2024
Arkansas Attorney General Clears Path for Casino License Amendment
Arkansas Attorney General Tim Griffin has given the green light to revised ballot language for a proposed constitutional amendment. This amendment aims to strip the Arkansas Racing Commission of its authority to issue a casino license in Pope County and mandates local voter approval for any new casino licenses outside of three specified counties. Arkansas […]
Industry
March 20, 2024
New Jersey AG Confirms Launch of Responsible Gaming Awareness Campaign
Currently, March is recognized as Problem Gambling Awareness Month, a period during which organizations across the globe help raise awareness of problem gambling, highlighting the importance of treatment, prevention and recovery from gambling harm. Amid the Problem Gambling Awareness Month, New Jersey Attorney General Matthew J. Platkin announced the launch of a new public awareness […]
Industry
March 20, 2024
Queensland Lawmakers Pass Tough Gambling Regulation
Identified as a serious public health issue, gambling is widely spread across Australia. Known as the country with the highest gambling losses per capita, Australia is currently trying to implement effective changes to gambling regulations that can ultimately protect consumers and reduce the money lost to the activity. There are ongoing efforts in different states, […]
Industry
March 20, 2024
Robbers in Pennsylvania Hit Gambling Machine Money Collection Van
Gambling venues are often targeted by criminals considering they handle large amounts of cash. While betting outlets and casinos invest in security solutions, including live guards, such incidents are not uncommon. Besides casinos, armored cars, typically collecting money from different venues to deposit into bank accounts can also become targets of culprits seeking to get […]
Industry
March 20, 2024
UK: Sheffield Approves Policy Banning Gambling Billboard Ads
Changes to regulations about external advertising via billboards are going to make a big difference to the city of Sheffield in the UK. The City Council’s finance committee met on Monday this week, discussing and approving a new policy that would effectively prohibit the advertising of gambling, fast food, vaping and fossil fuel-related brands. The […]
Casino
March 19, 2024
New Jersey Customer Hits $440K Jackpot via Caesars Palace Online Casino
The leading casino entertainment company with a strong presence within the online gambling sector, Caesars Entertainment, announced that one lucky player from New Jersey secured a whopping $400,000 jackpot while playing at Caesars Palace Online Casino. The player, identified as Craig W., of Newfoundland, New Jersey, was enjoying the Da Vinci Deluxe Ways on his […]