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Review Journal

Lottery, iGaming shunned in Nevada

Nevada does not have a state lottery or access to big-ticket multistate lotteries. Internet gambling is barely on Nevada's radar. Lotterie and iGaming were topics at the National Council of Legislators from Gaming States conference. i gaming is legal in New Jersey, Delaware, Pennsylvania, West Virginia, Michigan and Connecticut. Gross gaming revenue for iCasinos from January through November 2022 is up 36.3 percent year-over-year to an estimated $4.5 billion. igaming industry analyst Carlo Santarelli of Deutsche Bank reports that it's growing.
Industry
Lottery, iGaming shunned in Nevada
Review Journal

Nevada lacks an appetite for state lottery, online gaming

In post-COVID America, state revenue isn't as important as it once was. New York, Indiana, Illinois, Iowa, Maryland, Ohio, Colorado, Louisiana and Kansas are looking at iGaming bill introductions. Casino companies are resistant to i gaming because they fear an abundance of online customers would cannibalize patronage of brick-and-mortar properties. igaming proponents say law enforcement can track and stop illegal online operators easier. The American Gaming Association is pressing for this. iGambling is an opportunity for some states.
Law
Nevada lacks an appetite for state lottery, online gaming
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Golden Casino News Golden Casino News 15 days
@GoldenCasinoNws

New Jersey: Hard Rock Unveils New Management in Atlantic City

New Jersey: Hard Rock Unveils New Management in Atlantic City
CDC Gaming Reports CDC Gaming Reports 3 days
@CDCNewswire

“I was so excited, I couldn’t sleep” Portsmouth, Virginia, has a casino; the Rivers is the first freestanding permanent casino in Virginia. Rush Street Gaming operates casinos in Pennsylvania, New York, and...

ThisWeekInGambling ThisWeekInGambling 1 day
@TWiGFeed

More Record Gambling Revenue in New Jersey, Pennsylvania & Tennessee: - New Jersey generates over $5.2 billion last year! Pennsylvania $5.2 billion!

New York Post

NY could net $400M if pols legalized internet casino gaming

NY could net $400M if pols legalized internet casino gaming. New York is on the cusp of opening up the bidding process for three valuable, downstate commercial casino licenses. New Yorkers are expected to make at least $1.5B for all three casino licences. iGaming allows individuals to play slot and table games on their phones. The state's already booming mobile sports wagering industry netted over $300M in six months. Nevada allows a limited option, by permitting online poker. In 2021, combined tax revenue from those six states amounted to an industry worth a total of $970M.
Law
The Bond Buyer

Online casinos make a pitch to patch New York State's revenue woes

VIXIO report says states are leaving billions of dollars in tax revenue on the table. The states in which online casino game wagering is legal are Connecticut, New Jersey, Pennsylvania, Delaware, West Virginia and Michigan. According to the American Gaming Association, the states that have online casinos saw $970 million in revenue in 2021. In the 30 states with sports betting, revenue was $560 million. New York generated over $347 million of taxes from online sports wags from January through June. DiNapoli says the city should continue to identify areas for savings and track how its services are delivered.
Finance
Online casinos make a pitch to patch New York State's revenue woes
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Yogonet

Gambling executives predict expansion of online casino gaming at ECGC

Gambling executives predict expansion of online casino gaming at ECGC. Internet gambling is legal in six states and more than a dozen states sell lottery tickets over the internet. iGaming's growth is still in its infancy stages in the U.S. and there is plenty of room for growth. iGaming is not legal yet in Indiana, Illinois, Iowa and New York.
Lottery
St. Louis Today

US internet casino gambling is poised for expansion, industry execs say

Internet casino games have grown slowly, but there's potential for growth and expansion. It's legal in six states: New Jersey, Pennsylvania, Michigan, West Virginia, Delaware and Connecticut. Panelists predicted three or four additional states could adopt internet gambling. Since it launched internet casinos nine years ago, New York's casinos have won $4.79 billion from gamblers online. Nevada offers online poker. The revenue is reported separately from the in-person revenue casinos report to the state. There are 31 states plus Washington, D.C., offer legal sports betting.
Industry
Corvallis Gazette Times

Execs: US internet casino gambling is poised for expansion

Executives at the East Coast Gaming Congress say the internet casino market has potential for growth and expansion. It is legal in six states: New Jersey, Pennsylvania, Michigan, West Virginia, Delaware and Connecticut. Panelists predict three or four additional states could adopt internet gambling. Since New York launched internet casinos nine years ago, they have won $4.79 billion from gamblers online. Since July 2019, the Pennsylvania casinos have also won nearly twice that amount. The figures are for online casino games only. They do not include sports betting revenue.
Politics
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Card Player

Study Makes Projection Of U.S. Online Casino Market

Study Makes Projection Of U.S. Online Casino Market. VIXIO GamblingCompliance commissioned the study. New York is one of the leading candidates to legalize online casino gambling in the next few years. New Jersey, Pennsylvania, Connecticut, Michigan, New Hampshire, and West Virginia are already legal. Indiana is another potential entrant in online gambling. The American Gaming Association estimates that the six states in which online casinos are legal generated $970 million in gaming tax revenue in 2021. It is estimated that if all 42 states that currently allow land-based casinos or mobile sports betting legalized, the potential size of U.,S., online gaming market could reach $30 billion.
Industry
Study Makes Projection Of U.S. Online Casino Market
AGB - Asia Gaming Brief

Light & Wonder to debut next phase of transformation at G2E Las Vegas

Light & Wonder will be unveiling the next phase of its transformation journey at G2E Las Vegas from Oct. 10-13 at booth #1116. On display will are groundbreaking innovations and unparalleled gaming experiences led by L&W employees known as “Creators” and studio talent. L & W is uniquely focused on building great games that the world wants to play across multiple platforms.
Jobs
Light & Wonder to debut next phase of transformation at G2E Las Vegas
The Morning Call

Execs: US internet casino gambling poised for expansion

Internet casino games have grown slowly, but there's potential for growth, according to conference participants. Sports betting has provided ready-made infrastructure and regulatory apparatus for online casino gaming. It's legal in six states: New Jersey, Pennsylvania, Michigan, West Virginia, Delaware and Connecticut. Panelists predict three or four additional states could adopt internet gambling. Since it launched internet gaming nine years ago, New York's casinos have won $4.79 billion from gamblers online. Nevada offers online poker. The revenue is not broken out separately from the in-person revenue casinos report to the state.
Politics
Execs: US internet casino gambling poised for expansion
The Columbian

Execs: U.S. internet casino gambling is poised for expansion

Internet casino games have grown slowly, but there's potential for growth, according to conference participants. Internet gambling is legal in six states: New Jersey, Pennsylvania, Michigan, West Virginia, Delaware and Connecticut. Panelists predict three or four additional states could adopt internet gambling soon. Since it launched internet casinos nine years ago, New York's casinos have won $4.79 billion from gamblers online. Nevada offers online poker. It's not broken out separately from the in-person revenue casinos report to the state.
Politics
Execs: U.S. internet casino gambling is poised for expansion
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Top US Casinos

States Leaving Tax Revenue on the Table By Not Legalizing iGaming, Report Says

States are losing out on an additional $5 billion a year in tax revenues by not legalizing internet casino gambling. In 2021, 30 jurisdictions permitted online sports wagering and just six states allowed full iCasino. icasino generated $3.71 billion in 2021 in the six States that allowed it. Sports betting generated more than $4.29 billion. New York state legalized online betting in January 2022. In the first seven months of 2022, New Yorkers will get more $347 million in state tax money.
Finance
States Leaving Tax Revenue on the Table By Not Legalizing iGaming, Report Says