DC Arena Outpaces Mobile Sportsbook
Results in New Jersey and elsewhere indicate that mobile sports betting rakes in far more money than retail operations, thanks to the convenience factor. Indeed, the percentage of mobile revenue accounts for 85 percent to 90 percent of the total in many cases. That situation is not happening in Washington, based on August results. Bettors […]
Ohio Lawmakers Negotiate Sports Betting Bill
In Ohio, state Senate and House leaders, sports betting operators and Governor Mike DeWine’s office have been negotiating a sports betting bill, HB 194, which would allow statewide mobile and retail sports betting. The measure could be taken up in the Senate after the general election, before the end of the year. Sports wagering wouldn’t […]
Sports Betting, iGaming Boost PA Revenues
Sports betting and online gaming shored up Pennsylvania’s revenue numbers last month, as a full sports calendar saw sports wagering handle hit a record $365 million in August. That’s a 234.7 percent increase over August 2019, and a 121.5 percent jump over July 2020. It also is 4.8 percent higher than the state’s previous all-time […]
Philadelphia Casino Workers Pan Covid-19 Secrecy
Employees at Rush Street Gaming’s Rivers Casino Philadelphia have revealed a casino policy of secrecy and cover-ups related to workers who have become infected with the Covid-19 virus, in anonymous comments to the Philadelphia Inquirer. The report also quoted employees complaining that the casino has been lax in enforcing state-mandated safety guidelines, including inconsistent cleaning […]
AC Relief Bill Moves Forward in Trenton
The Assembly Appropriations Committee unanimously voted for a bill to permit casinos and racetracks to deduct a portion of sports betting revenue taxes. And the Budget Committee approved temporary tax breaks two days later. The first bill lets casinos and tracks deduct promotional gaming credits from gross sports betting revenue beyond $12 million for online […]
Virginia To Ban Electronic Gaming Machines In 2021
At the start of 2020, the Virginia General Assembly discussed banning the 9,000-plus electronic gaming machines operating in the state. However, in April, lawmakers decided to allow the machines to continue to operate for one more year to provide additional revenue for Covid-19 services. Legislators determined the companies making the machines could place them in […]
Five Strip Casinos Top List for Covid Infections
Nevada health investigators have ranked Las Vegas casinos higher than other businesses in the surrounding region as “possible exposure sites” for Covid-19. Data obtained by the Las Vegas Review-Journal show The Cosmopolitan on the Las Vegas Strip at the top of the list of exposure sites based on five analyses conducted in July and August, […]
Caesars Gets $400 Million From VICI
VICI Properties, the real estate investment trust affiliated with Caesars Entertainment, is lending the gaming giant $400 million. The five-year loan is payable at 7.7 percent interest and is secured by a mortgage on the new $375 million Caesars Forum Convention Center on the Las Vegas Strip. The loan, which VICI said it funded with […]
Station Loses Another Union Battle, But War Drags On
The running battle between Station Casinos and the Las Vegas local of the Culinary Union has shifted to three more Station properties. At the Fiesta Henderson, whose workers have been waiting a year for contract negotiations with Station management, a hearing officer with the National Labor Relations Board (NLRB) has recommended the full board reject […]
In Absence of Casinos, Colombia OKs Online Prize Drawings
The running battle between Station Casinos and the Las Vegas local of the Culinary Union has shifted to three more Station properties. At the Fiesta Henderson, whose workers have been waiting a year for contract negotiations with Station management, a hearing officer with the National Labor Relations Board (NLRB) has recommended the full board reject […]
Analyst: Aristocrat will Enter iGaming
An analyst from JP Moran Securities Australia Ltd. said in an investor note last week that the prospect of Australian slot manufacturing giant Aristocrat Leisure Limited entering the real-money online slot market in the U.S. is a “matter of when and how, not if.” Aristocrat was one of the first manufacturers to place its game […]
NetEnt Partners with Wind Creek in PA
NetEnt has launched its portfolio of casino games in Pennsylvania through a partnership with Wind Creek Hospitality, which owns the Wind Creek Bethlehem casino. The new partnership is part of NetEnt’s plan to expand its iGaming footprint in Pennsylvania, expanding the fast-growing U.S. state market. Having added RMG options to its existing social offering in […]
