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Figuring Out the Online Casino Regulations Maze in the US

The online cas ino landscape in t he US is intri cate, shaped by a mix of fed eral and state regula tions. As the popul arity of online gamb ling grows, understanding th ese regulations becomes cru cial for both pla yers and operators. Contents hide 6Licensing and Oversight 10 At the fed eral level, internet cas ino gaming remains ill egal in…
Law
Figuring Out the Online Casino Regulations Maze in the US
AGB - Asia Gaming Brief

Your Daily Asia Gaming eBrief: Laos regulating online gaming

Good Morning. Laos has taken the first steps in regulating its online gambling industry, awarding a license to the Laos Offshore Gambling Authority, a private company that will oversee the business. The model is similar to the one adopted in the Philippines for Philippines Offshore Gaming Operators, or POGOs. Laos is lower cost and aims for a more…
Industry
Your Daily Asia Gaming eBrief: Laos regulating online gaming
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Reuters

Casino SPAC is for hardened gamblers only

HONG KONG, June 7 (Reuters Breakingviews) - Shareholders in blank-cheque firm 26 Capital (ADER.O) are getting more than they bargained for. It agreed in October to buy casino Okada Manila, but a long-running legal battle over the resort turned physical when its ousted boss seized the property last week. If that doesn't scupper the planned merger,…
Covid
Casino SPAC is for hardened gamblers only
Captain Altcoin

New York City Casino Will Include Crypto Trading Floor

The term "cryptocurrency" refers to a type of digital currency. It is possible to manage and exchange traditional currency online, but this is not the same as owning cryptocurrency. Cryptocurrencies are distinct because they are a decentralized and democratic alternative to government-issued currency. Governments control the supply of money in…
Land-based
New York City Casino Will Include Crypto Trading Floor
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Gambling News

NY Casino Pitches Rile Locals Who Oppose Casinos in Their Backyards

The race for a new casino property in New York City is heating up with many properties, companies, and individuals bidding for the rights to open the first casino that will include live gaming. One of those bidders is The Water Club located on 30 Street and the East River in Kips Bay, but the locals wouldn't have it. NIMBYs or otherwise, concerns…
Travel
NY Casino Pitches Rile Locals Who Oppose Casinos in Their Backyards
Forbes

Okada Manila Sees Strong Earnings Momentum As Casino Operator Prepares For U.S. Listing

Okada Manila -which is preparing to list on Nasdaq through a SPAC as soon as this month-expects a strong earnings recovery as the Philippines reopens its borders to international visitors. The casino resort said in January that total revenue increased 24% to $399.6 million in 2021 from the previous year, bolstered by strong gaming revenues…
Covid
Okada Manila Sees Strong Earnings Momentum As Casino Operator Prepares For U.S. Listing
Casino News Daily

Japanese gaming giant and LV Sands Alum want flying cars and a Manhattan crypto floor casino

A three billion dollar casino of the future proposal is expected to land on regulators desks in New York before the end of the week. Jason Ader, a former board member of Las Vegas Sands and UE Resorts International are expected to submit a proposal for a casino resort on Friday under the working name, Mirai, which means "future" in Japanese. The…
Crypto
Japanese gaming giant and LV Sands Alum want flying cars and a Manhattan crypto floor casino
Adotas

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Rush Street, Wynn, LVS Confirm Interest in NYC Casino

More than seven giants of the US gambling industry, including Rush Street Gaming, Wynn Resorts, and Las Vegas Sands (LVS), have now officially expressed their interest in a New York-area casino license. On Wednesday, Capitol Pressroom podcast host David Lombardo shared news of Rush Street officially expressing interest in acquiring one of three New…
Gaming Authorities
Rush Street, Wynn, LVS Confirm Interest in NYC Casino
Yogonet

New York City $3B casino pitch to include world's largest cryptocurrency trading floor

A casino pitch for New York City includes what would be the world's largest cryptocurrency trading floor. The plans will be submitted by money manager Jason Ader on Friday, and also feature a landing pad for flying cars and an esports arena. A site for the project, which would cost about $3 billion or more, has not yet been confirmed, although Ader…
Crypto
New York City $3B casino pitch to include world's largest cryptocurrency trading floor
Input

A new NYC casino leans into crypto gambling

We'd never tell you what to do with your money. Well, alright, that's not necessarily true, but we won't tell you how to invest your cash when it comes to cryptocurrencies... Actually, scratch that one, too. We've even got some tips, namely: don't invest in Dogecoin. Anyways, it's not that we don't believe in the validity or worth of decentralized…
Crypto
A new NYC casino leans into crypto gambling
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$3bn NY City Casino Pitch Features Flying Car Landing Pad

High rollers in their flying cars will flock to Mirai should money manager Jason Ader's $3bn+ pitch win a New York City casino license. [Image: Shutterstock.com] Jason Ader, CEO of asset management firm SpringOwl, plans to put forward a $3bn+ bid for a New York-area casino license, with his proposal including a landing pad for flying cars and the…
Gaming Authorities
$3bn NY City Casino Pitch Features Flying Car Landing Pad
Markets Insider

A plan for a $3 billion casino in New York's Manhattan includes a massive crypto-trading floor and a flying-car landing pad

A Las Vegas-seasoned asset manager is eyeing an addition to New York's famed Manhattan skyline - a multibillion-dollar casino with space for trading cryptocurrencies and a landing pad for flying cars. Jason Ader, a former Las Vegas Sands board member, expects to submit his plans for the casino to the local gambling regulator by Friday, Bloomberg…
Crypto
A plan for a $3 billion casino in New York's Manhattan includes a massive crypto-trading floor and a flying-car landing pad
Business World

Philippine casino operator will pursue Japan expansion, CEO says

Jason Ader, chairman and chief executive officer of 26 Capital Acquisition Corp., plans to pursue casino opportunities in Japan and elsewhere after completing the purchase of a large casino resort in the Philippines. "The company will own assets beyond the Philippines over the next several years," Ader said in an interview Monday. "This company is…
Industry
Philippine casino operator will pursue Japan expansion, CEO says
Market Watch

Okada Manila to go public by merging with gambling investor Jason Ader's SPAC

Okada Manila, which operates Asian-based Tiger Resort, Leisure and Entertainment Inc., is going public by merging with special purpose acquisition corporation 26 Capital Acquisition Corp. ader in a deal with an implied enterprise value of $2.6 billion. 26 Capital is the Miami-based SPAC launched by billionaire gambling investor Jason Ader. The…
Finance
Okada Manila to go public by merging with gambling investor Jason Ader's SPAC
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Nikkei Asia

China shows why Asia's casino bubble was always doomed -Nikkei Asia

William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades." The house always wins. Just not in Macao, where this gaming industry maxim is being turned on its head. A plunge in casino-related stocks has analysts pointing fingers, junket operators reeling and investors…
Politics
China shows why Asia's casino bubble was always doomed -Nikkei Asia
Casino Guardian

Playtech's Second-Largest Investor Insists on Buying Gambling Software Firm's Financial Trading Assets

Yesterday, Playtech investor Gopher Investments made a case regarding its proposal to acquire the financial trading division of the gambling software developer. The move comes weeks after Playtech said yes to another group's offer to buy the assets. Now, Gopher Investments, which is the second-largest shareholder of the British gambling software…
Finance
Playtech's Second-Largest Investor Insists on Buying Gambling Software Firm's Financial Trading Assets