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Legal
December 7, 2021
SCOTUS Denied JAC’s Hollywood Jamul Casino Petition
A case brought up by a group of casino opponents in California against a tribal casino was dismissed by the US Supreme Court twice, putting the end to a nearly decade-long public dispute. Petition to Rehear Denied The petition filed by the Jamul Action Committee (JAC) to the Supreme Court of the United States (SCOTUS) […]
Sports
December 7, 2021
Chicago Proposes 2% Extra City Tax on Sports Wagering
Chicago currently taxes gross revenues resulting from sports betting at 2% for Cook County and 15% for the state. The City Council is currently considering adding an extra 2% city tax that would bring the total tax levels collected from sports betting activities in the city to 19%. Mayor Lightfoot Believes the 2% City Tax […]
Sports
December 7, 2021
BetMGM Extends Its Vegas Golden Knights Partnership for Several More Years
NHL’s very own Vegas Golden Knights have extended their partnership with BetMGM as the professional hockey team has labeled BetMGM a company that represents a key factor to the entertainment and sports industry. With the new multi-year renewal, the NHL franchise will have both MGM Resorts International and Entain as its official betting partners. This […]
Casino
December 7, 2021
Spintec and Dynamic Gaming Strengthen Partnership with US Focus
Developer of electronic table games solutions and content Spintec has teamed up with Dynamic Gaming Solutions through a new exclusive agreement that will allow Spintec to distribute its products in the United States. With the United States shaping up to be one of the most important markets in North America, Spintec is determined to establish […]
Legal
December 7, 2021
MGCB: Consumers Using Unregulated Operators Face Risks
In a statement on Monday, the gambling regulator in Michigan warned residents of the state that placing bets or gambling via unregulated, black market operators hides unexpected dangers. Using Unregulated Operators May Result in Identity Theft Michigan Gaming Control Board’s (MGCB) executive director, Henry Williams, said in a statement earlier this week that residents who […]
Sports
December 7, 2021
NASCAR Committed to Maintaining Responsible Sports Betting in 2022
NASCAR is revving up its commitment to responsible gambling with the 2022 Cup Series, joining the likes of DraftKings and BetMGM, who have signed notable drivers from the sport as their brand ambassadors. NASCAR Committed to Responsible Gambling The sports betting giants added Bubba Wallace and Richard Childress Racing, respectively, as their representatives in motorsports, looking to […]
Business
December 7, 2021
GLPI Purchases Three Cordish Live! Assets for a Price of $1.81B
Pennsylvania-based Gaming and Leisure Properties, Inc makes a massive move as it agrees to purchase a total of three The Cordish Companies’ Live! casino assets for a price of $1.81 billion. Wall Street analysts greeted the developments as the purchase will allow Gaming and Leisure Properties to expand its portfolio. Transactions are Set to Be […]
Legal
December 7, 2021
Rejection of New Jersey PILOT Program Could Lead to Casino Closure
Senate President Steve Sweeney stated Monday that four of Atlantic City’s nine casinos could be closed if the amendments made to the casino PILOT bill are not passed. These comments were made during the Senate Budget and Appropriations hearing on the bill. The bill was approved by the committee and released for a vote by […]
Business
December 7, 2021
CDI Sale of TwinSpires May Already Have a Target
Last week, rumors surfaced that Churchill Downs was considering selling its TwinSpires Racing division. One market observer believes that a familiar name could make a bid. Brian Lichtor, a Roundhill Investments analyst, believes it is likely that TwinSpires will mention Fanatics as a potential suitor. He cites Fanatics’ well-known wagering ambitions. Fanatics Looks For Larger […]
Business
December 7, 2021
Maryland’s Casinos Continue to Impress in November
In November, Maryland’s casino industry contributed significant tax revenue to the state. MGM National Harbor, and Live! were the biggest cash generators. Maryland’s Casino Industry Bounces Back Maryland’s six casinos raked in $160.36 million in November betting revenue. This was an increase of 23% over the same month last year when they were operating under […]