#New York

The Nevada Independent

Indy Gaming: Research gives AGA ammunition in fight with illegal gambling operations

American Gaming Association CEO Bill Miller said in October that the legal casino industry misses out on $300 billion annually that gamblers wager with illegal betting operations. The study conducted by The Innovation Group found that illegal gambling costs the industry $44.2 billion in potential gaming revenue. AGA asked the U.S. Department of Justice to crack down on illegal, online sportsbooks and casinos as well as unregulated “skill game” slot machines. It's unclear whether Congress will jump on the issue. A vice president of AGA said the research was sent to all 535 members of Congress.
Industry
Indy Gaming: Research gives AGA ammunition in fight with illegal gambling operations
The Street

Casino Giant Has Huge Off-the-Las-Vegas-Strip Plans

Red Rock Resorts has big plans for expansion, including a bold Strip-like property. The company has taken a do things differently approach by working hard to build a local clientele instead of relying on tourists. The Company uses the Station Casinos name on its properties. It is also competing with Caesars Entertainment, MGM Resort International, Wynn Reserves and Get Free Report.
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Sports Bets in New York Generate $540 Million

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Atlas Copco has acquired a New York-based compressor distributor

essence.com

JAY-Z, Roc Nation Join Bid for Times Square Casino

Jay-Z and Roc Nation will be the official entertainment partner of SL Green and Caesars Entertainment in their bid for a new, state-of-the-art gaming facility at 1515 Broadway in Times Square. If approved, the casino is poised to make local business owners millions. It will also be a tourist attraction. If it's approved it will bring 130 million annual pedestrians to Times square. The casino will complement and elevate the current Timessquare experience.
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JAY-Z, Roc Nation Join Bid for Times Square Casino
US Bets

Jay-Z In Times Square Casino State Of Mind

Jay-Z and his Roc Nation entertainment agency are involved in a Times Square casino project. The project is a three-way partnership involving Jay-z's company, SL Green development firm and Caesars Entertainment. Saratoga Casino and Raceway has added its bid to the Coney Island casino license selection process. It is one of the New York City-area casino licenses being dangled by the State Gaming Commission.
Law
Jay-Z In Times Square Casino State Of Mind
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New Jersey Online Gambling

Smoking Inside Casinos In Atlantic City Will End, But When?

New Jersey politicians are trying to pass a bill to ban smoking inside casinos. The casinos are worried about losing money. A study suggests they would take an 11% revenue haircut and have to lay off 2,500 employees. C3 Gaming says they wouldn't lose money and would make money anyway.   i.e. non-smoking properties perform better than those that continue to allow smoking. Gov. Phil Murphy has agreed to sign the bill.
Politics
Smoking Inside Casinos In Atlantic City Will End, But When?
Best Stocks

Short Interest in Gambling.com Group Limited (NASDAQ:GAMB) Has Significantly Declined

Gambling.com Group Limited (NASDAQ:GAMB) saw a decline in short interest in November. There were 146,000 shares overall as of October 31, a reduction of 17.5% and 120,400 shares as as November 15. The short-interest ratio is now 3.3 days. Stifel Nicolaus raised their “buy” rating for Gamblingcom. com Group from $11.00 to $12.000. Kamunting Street Capital Management L.P. bought 192,724 shares of the company and owns $1.465 million. Bank of New York Mellon Corp. grew its stake in G.ambling com group by 21.8% during the third quarter. BlackRock Inc. boosted its holdings by 8,759.
Finance
Short Interest in Gambling.com Group Limited (NASDAQ:GAMB) Has Significantly Declined
Daily Sentinel

With $53B jackpot, casinos post best year ever

America's commercial casinos won $53 billion in 2021. In-person gambling is the main source of revenue for the gambling industry. Sports betting continued its rapid growth, with more than $57 billion wagered legally on games last year. Two new internet gambling markets opened in the U.S. in 2011. Business and leisure travel during the pandemic has slowed down. The group is concerned about the full recovery of destination markets like Las Vegas. It is also concerned that business and business travel spending is down 20% from pre-pandemic levels.
Industry
With $53B jackpot, casinos post best year ever
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iGaming Business

Macau misses casino concession jackpot

Macau will keep its same six casino operators. Macau has made progress since the first concession awards in 2002. The former Portuguese colony has gone from high unemployment and gangland shootings to contending for the world's highest per capita GDP.
Industry
Macau misses casino concession jackpot
Review Journal

Nevada casinos’ gaming win down 3.2 percent in July

Nevada casinos’ gaming win down 3.2 percent year over year in July. It was the fourth-best month in history for the state. The Strip was down 2.4 percent, Clark County was 3 percent down, and outlying Clark counties declined 6.6 percent. Elko County's gaming was up 5.1 percent due to special events. The July calendar had one more weekend date than July 2021. This resulted in some revenue being counted later. Las Vegas Locals calendar comparison was unfavorable. July ended on a Sunday.
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Time Out

JAY-Z might open a casino in NYC

JAY Z's Roc Nation has joined SL Green and Caesars Entertainment in a proposal for a new Times Square casino. The project is called Caeresars Palace Times square. It's hoped to generate billions in tax revenue and boost the local economy. The partners hope to catalyze over 7 million new net visits to Timessquare annually. They also hope it will boost local businesses. In April, Mets team owner Steve Cohen proposed to turn the parking lot into a casino as well. He also proposed turning City Field's parking into one. JAY-Z might open a New York casino in NYC.
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JAY-Z might open a casino in NYC
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LV Sports Biz

Stadium Impact: Las Vegas Bowl Shifts To 11:30AM Dec. 17 After NFL Flexes Raiders From Sunday Night Slot Dec. 18

The NFL has moved the Raiders-Patriots game on Dec. 18 from a Sunday Night Football slot to a 1 PM start. The Las Vegas Bowl on December. 17 has been switched to 11:30 AM from 4: 30 PM so that Allegiant Stadium workers can convert the field from the college bowl game to the NFL contest. Washington vs. New York Giants has the prime time TV position on NBC.
Incidents
Stadium Impact: Las Vegas Bowl Shifts To 11:30AM Dec. 17 After NFL Flexes Raiders From Sunday Night Slot Dec. 18
Commercial Observer

New York City Casino Competition Heats Up: The Details

There are only three downstate casino licenses in New York. Developers are trying to win one of them. The application fee is $1 million. Thor Equities is planning a $3 billion casino in Coney Island, Brooklyn. The law allowing for four upstate and three Downstate casinos was passed nine years ago. There was a 10-year delay in granting the ones downstations. It was to provide a competition-free grace period to the upstarts. A request for proposals is expected to be issued before Jan. 6. Some of the requirements for the commission to approve a casino application are obtaining public support from community advisory committees and compliance with state and local zoning.
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New York Post

Jay-Z joins Times Square team bidding for prized NYC casino

Jay-Z joins Times Square team bidding for prized NYC casino. The developer and Caesars Entertainment want to launch a casino at SL Green’s 1515 Broadway office tower. Jay-z and his team will oversee entertainment programming at 15 15 Broadway and at other SLG properties at the “Crossroads of the World”. SLg has interests in six Times square properties with a total of more than four million square feet. A new 800-room, five-star hotel would be created in the building above them. The casino would occupy only eight floors in a 54-story tower between West 43d and 44th streets.
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Jay-Z joins Times Square team bidding for prized NYC casino
Vegas Slots Online

Jay Z Ties-up With Caesars for NYC Times Square Casino

Caesars Entertainment and SL Green have inked a partnership with Jay-Z and his world-famous entertainment agency, Roc Nation. The deal is a strategic move in the race for three casino licenses in New York. The applications for the licenses are due on January 6.
Industry
Jay Z Ties-up With Caesars for NYC Times Square Casino
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Casino Reports

Tioga Downs Patron Triggers Blackjack Jackpot

Tioga Downs Casino Resort in Nichols, New York State, announced that a patron has won more than US$300,000 in Blazing 7’s Hot Shot Progressive jackpot. The patron won the prize with only a US5 bet.
Travel
Review Journal

Influencers cash in on Las Vegas, creating buzz

Francine Maric is behind Lady Luck HQ YouTube channel. Francine films herself playing high-limit slots and reviews hotels. Las Vegas Convention and Visitors Authority uses 100 influencers this year. The global influencer marketing industry reached $10.4 billion last year and is expected to grow to $143.1 billion in 2030. Grey was named LVCVA’s social brand agency last. year, receiving a two-year contract with two two year options valued at $160 million. It works with New York-based Grey Group to determine an influenced”s audience demographics, engagement rate and other factors.
Industry
Influencers cash in on Las Vegas, creating buzz
Gambling

American Gambling Awards Winners Full List

The 2022 edition of the American Gambling Awards has been announced. The winners were recognized for their leadership and innovation within the regulated, online U.S. gambling industry. G.com Group is hosting an exclusive VIP dinner on Dec. 1 in New York at Carbone. Each winner received the exclusive Golden Eagle trophy engraved with their details.
Industry
American Gambling Awards Winners Full List
Times Colonist

Nevermind the gambling, Las Vegas is a foodie paradise

Las Vegas is a great foodie destination. New celebrity restaurants opened recently include Ramsay's Kitchen and RPM Italian. Celebrity owners of the RPM restaurant include Giuliana and Bill Rancic. Lisa Vanderpump recently opened VanderPump Paris in the Paris, Las Vegas Hotel & Casino. Las Las Vegans are also known for their great cocktails. The city is famous for its entertainment and casinos. It is also a good food destination with Michelin-starred chefs and top restauranteurs. There are many celebrity owners. They are often associated with their restaurants.
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Nevermind the gambling, Las Vegas is a foodie paradise
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Casino Guru

Jackpocket inks partnership with NHL's Dallas Stars

Jackpocket inks partnership with NHL's Dallas Stars. New deal is valid for the next three years. Jackpocket is the first third-party lottery courier app in the US. It has a presence in several key US markets. In October, Jack pocket became an Official Home Helmet Partner for New York Islanders. Earlier this year, it also teamed up with the New Yorkers. The company is also working with MLB's NewYork Mets. Dallas is only NHL team in Texas. They are excited about Jack Pocket's involvement. He is their trusted partner. In a special promotion, new users of the app can get their first lottery ticket for free.
Industry
Jackpocket inks partnership with NHL's Dallas Stars
CNBC

Big Las Vegas property owner to take full ownership of two casinos

VICI Properties will buy Blackstone's 49.9% stake in MGM Grand Las Vegas and Mandalay Bay for $5.5 billion. VICi is the largest property owner on the Las Las Vegas Strip. The transaction is expected to close in early 2023. Blackstock shares dropped almost 10%. VicI is putting in more than $1 billion in cash and assuming more $3 billion of Blackstones debt. The deal is good for V ICI as it simplifies the company's structure and highlights its multiple growth paths. Vegas is a high conviction market for Blackestone.
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Big Las Vegas property owner to take full ownership of two casinos
The Street

Las Vegas Strip Dream Casino Has a New Owner

Dream Hotel Group has a reputation for quality and Hyatt Hotels Corporation has decided to acquire it. Thee Dream Hotel is one of the main properties in the boutique sector. The other properties are Chatwal Hoteled, which has 1905 style theme and Unscripted Hoteling, with a focus on local cuisine.
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Las Vegas Strip Dream Casino Has a New Owner
Newsday

Las Vegas Sands looking at Long Island sites for casino

Las Vegas Sands Corp. is looking for a casino site on Long Island. The company's senior vice president David Paterson is a former New York governor. He and other executives spoke to local chambers of commerce about the company’s plan to win one of three state licenses to operate a casinos downstate. No licenses are expected to be issued before late 2023. Sands typically invests between $3 billion and $4 billion to construct a Casino. Only about 10% of the floor space has slot machines, card tables and gaming. More than 50% people don't place bets.
Industry
Las Vegas Sands looking at Long Island sites for casino
New York Post

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Bakersfield

New Bragg Content Rollout Continues with Launch at Rush Street Interactive’s Betrivers.com in New Jersey

Bragg Gaming Group has launched its new content and technology with Rush Street Interactive in New Jersey. The new deployment will enable further titles from Bragg’s new U.S. content roadmap to rollout. According to H2 Gambling Capital, the interactive casino market in N.J. is on track to generate US $1.6 billion in Gross Win in 2022. It is the largest regulated iCasino market. Brag launched new RGS technology and content with RSI in Ontario and Michigan earlier this year.
Industry
The Day

Foxwoods’ new $85 million casino project will create “vibrant hub”, CEO says

Foxwoods Resort Casino is planning to add a sixth gaming space. The new space will be located in Grand Pequot, the busiest section of the property. Foxwoods will reduce the number of slot machines in some of its casinos to meet demand. In mid-July, Foxwood's opened a new, 2,200-seat High Stakes Bingo Hall. The 75,000-square-foot Rainmaker Expo Center is scheduled to open in mid November. Construction on the new gaming area will begin then. It will have around 500 slots, 175 high-limit machines and 24 table games.
Bingo
The Courier Express

Online gambling drives $151 million October growth in Pennsylvania

In October, Pennsylvania's online casinos and sports betting had another record month. The industry is expected to grow its revenues to $5 billion. The growth would translate into roughly $2 billion of tax revenues for the commonwealth. Sports betting brought in $183.7 million in tax revenue to the state in October. Other gambling, such as slots and table games, have declined.
Finance
Fortune

Powerball $1.5 billion jackpot drives lottery envy in 5 states where people can't play

KJ's in Utah sold hundreds of Powerball tickets to Utah residents on Thursday. In Alaska, legislative proposals to generate revenue through lottery games faltered. Hawaii and Utah prohibit all forms of gambling. John Jones of Montgomery, Alabama bought a PowerBall ticket on Friday in Georgia. He voted for an Alabama lottery in 1999. Some argue that legalized gambling would harm Hawaii’s low-income communities. However, gambling is popular among Hawaii residents. It is also popular in Las Vegas. The state legislature regularly fails to pass bills to legalize gambling in Hawaii.
Lottery
Powerball $1.5 billion jackpot drives lottery envy in 5 states where people can't play
The New York Times

Related Companies and Wynn to Bid for New Casino in Midtown Manhattan

The mayor, governor, local officials, borough president, Assembly member and local state senator will have a representative on the committee. The gaming commission will decide on where the casinos will be located. New York City officials and developers have debated what to build in Hudson Yards. The site became the centerpiece to the city’s bid for the Olympics. If a casino were built, it would open at a time of more transformation in the neighborhood. Other casino and real estate companies are eyeing sites throughout the New Year's Eve. One of them is Thor Equities, a real-estate firm interested in building a casinos on Coney Island in Brooklyn.
Law
Propmodo

Do Casinos and Big Cities Mix? Some Major Real Estate Developers Think So

There are seven new casino licenses for New York state. Two of them have already been awarded. The third one is up for grabs. Developers are bidding for it. Some critics think it's a bad idea.  Resorts Worlds New. York in Queens and Empire City Casino in Yonkers are expected to get the last two. They are limited to horse racing and video slot machines. New Yorkers are not keen on casinos in big cities.
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Do Casinos and Big Cities Mix? Some Major Real Estate Developers Think So
The New York Times

A Casino Atop Saks? Lobbyists Push for Manhattan Gambling Site

Gov. Kathy Hochul and legislative leaders may agree to authorize three casino licenses for New York City area. Seven gambling companies are spending roughly $300,000 a month on lobbying to push the state to fast-track the timetable for the final three casinos. The Senate Democrats proposed that operators pay a minimum of $1 billion for each license. It remains unclear if the budget will include a licensing fee. The Assembly, which is controlled by Democrats, did not include the acceleration of casino licences in its initial budget proposal. Hotel workers' union is also pushing to expand gambling in the New Yorkers.
Politics
New York Post

Lottery app Jackpocket creates convenience as Powerball hits $1 billion

Jackpocket app allows you to buy a lottery ticket and win a huge jackpot. The app is available in New York and New Jersey and 11 other states. Ticket sales are up 54% since Oct. 12. Jackpocket is a courier service. It charges a service fee when players fund their accounts. The chances of winning the Powerball jackpots are 1 in 292.2 million. Powerballs are worth about $497 million in cash today and $1 billion over 30 years.
Lottery
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Powerball 10/24/22: Where to buy tickets, how to buy online, cut off time, current jackpot

The next Powerball jackpot is estimated $625 million. It's the eighth largest prize in the lottery game's 30-year history. The next drawing is on Monday, Oct. 24 at 10:59 p.m. ET. Tickets are sold from lottery retailers/agents in 45 states plus the District of Columbia, Puerto Rico and the U.S. Virgin Islands. In New Jersey, the website has a retailer finder so you can find the closest lottery retailer near you. You must be a resident of the state and be physically in their borders to buy tickets online.
Lottery
The New York Times

Smoking and Gambling Go ‘Hand in Hand.’ But Maybe Not for Long.

Nicole Vitola is a dealer at Atlantic City's Borgata casino. She helped found a group called Casino Employees Against Smoking Effects. The group has chapters in Pennsylvania and Rhode Island. A bill to ban casino smoking in New Jersey has enough sponsors to all but guarantee passage. It has stalled, however, because of political issues. The number of smokers in the United States has shrunk by nearly half over the past two decades. They are 12.5 percent of adults in 2020, down from 23.3 percent in 2000. Smokers make up about 21 percent. of visitors to Atlantic city and 32 percent the casino's revenue.
Politics
Smoking and Gambling Go ‘Hand in Hand.’ But Maybe Not for Long.
The Wall Street Journal

As Online Gambling Grows, So Does the Financial Crime Risk

Online casinos are attractive targets for criminals. The AGA publishes best practices for AML compliance. Smaller online gambling startups don't know they need an anti-money-laundering program. U.S. law enforcement hasn't been active in policing online casinos. In Malta, an online company was fined $384,000 for not properly checking where customers were getting money. UK. Gambling Commission announced four fines over online anti money laundering failures in August. One of them was against Entain, which runs ladbrokes.com and other sites.
Incidents
The New York Times

5 Things to Know About NYC-Area Casinos That May Be Coming

New York State approved the issuance of three new casino licenses for the New York City area in April. The state legalized casinos in 2013, but it agreed not to place any in the downstate region until 2023. Gov. Kathy Hochul wanted to move faster and included a provision in budget to advance the timeline.
Law
The New York Times

If New York City Gets Las Vegas-Style Casinos, What Else Will It Get?

New York City could get a new Las Vegas-style casino. The state lawmakers approved up to three casinos in the New York area in April. New Yorkers and tourists visit the city every year. A new casino in NewYork could transform the national gambling landscape. However, the economic benefits of casinos fade over time. The Encore Boston Harbor casino opened in June 2019. It was one of the first Las Las-Vegas-like resort casinos built in a major urban area. In Massachusetts, a Wynn Resorts casino was approved and opened near Boston. Last year, Resort World had the most gambling revenue of any casino property outside Nevada.
Law
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
CNBC

Online lottery ticket firm Jackpot gets funding from top sports execs

Jackpot announced Wednesday that it closed on $35 million in series A funding. The money will enable the company to roll out its website and app later this year in select locations where online lottery ticket sales are allowed. NBA superstars James Harden, Joel Embiid and Martin Brodeur are some of the big name investors. In 2021, 53% of Americans bought lottery tickets but only about 5% were purchased online. Jackpot will make its money by charging a convenience fee on purchases. It's currently working with local regulators in 12 states for clearance to launch the service.
Lottery
The Street

Huge Las Vegas Strip Casino Project Moves Forward

The North Strip is getting closer to opening. Fontainebleau Development has shared the first details of the unique luxury retail shops that will be located inside the resort casino. The project started nearly 20 years ago and went through multiple owners before falling back into the hands of original owners. It will have a "unique integrated design" to create a shopping district spanning 90,000 square feet and featuring about 35 luxury stores on two levels. The resort is expected to open in late-2023. iReport.com will share more information about the Fontainbleu development.
Land-based
Fortune

Americans respond to inflation by turning to gambling as casino industry records best quarter ever

The U.S. commercial casino industry had its best quarter ever, winning over $15 billion from gamblers in the third quarter of this year. The American Gaming Association says the industry is on track to have its biggest year ever in 2022. Five of the six largest markets reported quarterly highs in gambling revenue. Sports betting revenue through September reached an all-time annual high of $4.78 billion. Internet gambling came close to setting a new quarterly record, but was less than 1% away from doing so.
Industry
Play NJ

A decade later, N.J. eyes extending online gaming for another 10 years

Internet gambling is the second largest revenue source for Atlantic City casinos. New Jersey is home to 31 online gaming websites that operate through the nine casinos in Atlantic city. Internet gambling revenue has increased steadily in the state over the last decade. The law legalizing internet gaming in New York and Pennsylvania was changed in 2013. It was passed in hopes it would double casino revenue in a state where Atlantic casinos were struggling. The risk of gambling addiction has doubled since 2018. Online games and sports betting provided a lifeline when Atlantic casino were closed for 3 1/2 months in 2020 because of COVID-19.
Industry
Times Union

Saratoga Casino, Yankees owners, Cowboys, Chickasaw tribe NYC casino license

Saratoga Casino and Raceway is joining forces with a real estate investment group, a Native American tribe and an affiliate of the Yankees baseball team to pursue a license to open a casino in New York City. The group is among a growing number of competitors vying for the three licenses in or around the city. Other potential bidders are looking to build casinos in Times Square, at Willets Point in Queens, Staten Island and the Hudson Yards section of Manhattan. The actual application process begins on Jan. 6. State Gaming Commission could start awarding licenses for three casinos by 2023.
Law
Saratoga Casino, Yankees owners, Cowboys, Chickasaw tribe NYC casino license
Market Screener

BETMGM NAMED AMERICAN GAMBLING AWARDS ONLINE CASINO OF THE YEAR

BetMGM has been named 'Online Casino of the Year' by the 2022 edition of American Gambling Awards. The American Gamblings Awards are produced by G.com Group Limited (Nasdaq: GAMB). BetM MGM has an estimated 30% national online casino market share in its four operational states: New Jersey, West Virginia, Pennsylvania and Michigan. The company is committed to providing its customers with innovative gaming experiences and working with premier partners. It also provides responsible gambling education. GameSense is an industry leading program developed and licensed to MGM Resorts by British Columbia Lottery Corporation.
Industry
high5games.com

High 5 Games partners with RSI to debut games in Pennsylvania

High 5 Games partners with RSI to debut games in Pennsylvania. New deal allows High 5 to be directly integrated into Rsi’s iGaming platform. The move brings the two companies closer for enhanced collaboration. High5 Games is growing at a rapid pace.
Industry
High 5 Games partners with RSI to debut games in Pennsylvania
Yogonet

Hyatt acquires Dream Hotel Group amid plans for upcoming Dream Las Vegas development

Hyatt Hotels Corp. has acquired Dream Hotel Group. The buyer is expected to pay $125 million for 12 managed or franchised hotels and up to $175 million over the next six years. Dream Las Vegas is under construction at the south edge of the Strip. It broke ground this summer and is scheduled to open in the first quarter of 2025. The developers initially unveiled plans for the resort in February 2020. They were later forced to make a series of design changes due to the location next to Las Nevada's airport. There are no changes to project's name, timing or programming as a result of Hyatt's acquisition.
Industry
Hyatt acquires Dream Hotel Group amid plans for upcoming Dream Las Vegas development
Guru Focus

Gambling.com Group Announces 2

The 2022 edition of the American+Gambling+Awards is pleased to announce the full list of winners. The American Gambling Awards are produced by G.com Group Limited (Nasdaq: GAMB) and are a leading provider of player acquisition services for the regulated global online gambling industry. G gambling. com Group is hosting an exclusive VIP dinner on December 1 in New York at Carbone to celebrate the year of industry success.
Industry
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The Washington Post

A casino in hectic Times Square? This theater critic says heck no.

Stakes fuel drama. The metaphor of gambling is perfect for Broadway. Broadway houses are concentrated in the 40s and low 50s. The 41 theaters designated as Broadway house stretch from the Nederlander on West 41st Street north to the Vivian Beaumont at Lincoln Center. They are packed with restaurants, souvenir shops, hotels, retail stores and food stands. There are hawkers and panhandlers and workers dressed up as Elmos and Transformers. It's a magical slice of New York. "Guys and Dolls" is the apotheosis of theater’s love affair with holding dice in one”s fist.
Travel
A casino in hectic Times Square? This theater critic says heck no.
Gambling

BetMGM is the AGA Online Casino of the Year

BetMGM is the 2022 winner of the American Gambling Awards. The American gambling awards are produced by G.com Group Limited (Nasdaq: GAMB). G gambling. com is a leading provider of player acquisition services for the regulated global online gambling industry. BetM GMG has an estimated 30% national online casino market share in its four states of operation: New Jersey, West Virginia, Pennsylvania and Michigan.
Industry
BetMGM is the AGA Online Casino of the Year
The Detroit News

Nation's casinos have best quarter despite inflation

Nation's casinos have best quarter despite inflation. American Gaming Association says the gambling halls are on track to have their best year ever in 2022. Five of the six largest markets reported quarterly highs in overall gambling revenue. Sports betting revenue through September reached an all-time annual high of $4.78 billion. Internet gambling came close to setting a new quarterly record, but was less than 1% away from doing so. Seven new sports betting markets were added since Sept. 2021. The association cited a higher than usual sportsbook win percentage and solid growth in existing markets as factors in the increase.
Finance
Nation's casinos have best quarter despite inflation
Review Journal

May gaming win shows $1.3B collected by Nevada casinos

May gaming win shows $1.3B collected by Nevada casinos. It's the best May ever recorded and the fourth highest monthly win total in state history. Most of the money was generated on the Strip. The gaming analyst predicts the Las Vegas locals market will decelerate in June. The state has a maximum 6.75% tax on gross gaming revenue. Tax collections are up 21.2% for the first 11 months of 2021-22 fiscal year. Table, counter and card games win of $429.9 million increased 10.4% and games drop of $3 billion increased 24.8%.
Land-based
Propmodo

Thor Equities Rolls Out $3B Bid For New York City Casino

Thor Equities is the latest developer to bid for a casino license in New York. The company has partnered with Saratoga Casino Holdings, Legends, and the Chickasaw Nation in a bid to develop a new casino and entertainment venue within Brooklyn's Coney Island. New Yorkers approved casinos for the downstate region in 2013. Three casino licenses will be up for grabs starting in January. Two of the licenses are expected to go to operators who are already up and running but do not have a full casino licence. Bally’s is planning to open a $1.7 billion casino in Chicago.
Land-based
Thor Equities Rolls Out $3B Bid For New York City Casino
WSN

American Gambling Awards Winners

The 2022 American Gambling Awards recognize the best players in the online gambling industry. Golden Eagles have been handed out to the winners.
Industry
American Gambling Awards Winners
The Journal Record

Chickasaw Nation, partners propose Coney Island casino

Chickasaw Nation, partners propose Coney Island casino. The state of New York planned to issue three new casino licenses in 2023. Chickasaws Nation operates the WinStar World Casino and Resort. Legends and Thor Equities are partners in the proposed entertainment venue.  Saratoga Casino Holdings runs casinos, hotels, restaurants and nightclubs in New Jersey, Colorado and Mississippi. Thor equities has headquarters in London, Mexico and New Zealand. There are others in running for casinos proposed in various New Yorkers.
Industry
Chickasaw Nation, partners propose Coney Island casino
insidehighered.com

Students as ATMs: Online Gambling Edition

The first week of college, he signed up for his first credit card. He was raised with a Midwestern frugality. After graduation, his parents paid his tuition and he saved for graduate school. Many students graduate with credit cards debt between $2,000 and $4,00. The university's incentive for allowing the credit company to operate on campus was the kickbacks from the company. The universities treating their student bodies as sources of revenue is nothing new. For example, campuses sign exclusive deals for a particular soft drink or athletic apparel brand. Students may not see any benefit from these deals, but at least they are not subjected to an additional cost.
Sports
CoStar

Changes in the Cards for Iconic Las Vegas Strip After Big Hotel-Casino Deals

In the past two years, there has been a flurry of hotel investment activity in the Las Vegas market. The total hotel sales volume for the last two year is nearly $16.8 billion. Luxury resort hotels have become a favorite of guests and investors alike. Some of the smaller hotel trades may be overlooked but will likely factor into major property changes in Las Las. The Travelodge Las Vegas Center Strip was sold for $141.5 million in June. Tillman Fertitta, owner of Houston Rockets and Landry's restaurant, bought the hotel and a trio of neighboring commercial properties for a combined $270 million. He also owns the Golden Nugget casino in downtown Las Nevada and recently became one of major shareholders in Wynn Resorts.
Land-based
Changes in the Cards for Iconic Las Vegas Strip After Big Hotel-Casino Deals
Times Square Chronicles

Times Square May Finally Get a Casino

There is talk of a potential casino in Times Square. Gambling is legal in New York from 2023. Several companies are vying to be the first mover.
Travel
Times Square May Finally Get a Casino
Gambling

The Most Influential Women in Gambling

The odds are often stacked against women in male-dominated industries. The most successful women are from the gambling industry. They have gone against gender stereotypes and shown that hiring women creates a positive workplace environment and new opportunities. They also inspire other women to strive for more. Here are the most influential women from gambling. It is a male dominated industry, but they have shown it is not a limiting factor in business. For more information, visit the website of the Gambling Association.
Roulette
The Most Influential Women in Gambling
Gambling

Deutsche Bank is the American Gambling Awards Dealmaker of the Year

Deutsche Bank is the 2022 "Dealmaker of the Year" at the American Gambling Awards. Deutsche Bank was the sole advisor to Caesars Entertainment for its completed acquisition of William Hill PLC for approximately £2.9 billion in April 2021 and the subsequent sale of non-U.S. assets of William HIll to 888 Holdings P.L.
Finance
Deutsche Bank is the American Gambling Awards Dealmaker of the Year
Luxury Lifestyle Magazine

Enjoying the best of luxury Las Vegas in 2023, what’s new in Sin City?

Vegasslots.net outlines how to enjoy Las Vegas in 2023. Las Las Vegas is the entertainment capital of the U.S. with over 40 million annual visitors. Vegasslot's recommends visiting attractions, exploring the highlights of Sin City and relaxing in the luxurious spas and restaurants. . .. The number of tourists visiting Sin Vegas has risen sharply since the pre-pandemic.
Religion
Enjoying the best of luxury Las Vegas in 2023, what’s new in Sin City?
The Washington Times

U.S. casinos had best month ever in March, winning $5.3B

U.S. casinos had best month ever in March, winning $5.3B. Three states set quarterly revenue records to start this year: Arkansas, Florida and New York. The report also shows that commercial casinos paid a record $11.69B in direct gambling tax revenue to state and local governments in 2021. Atlantic City's casino revenue hasn't recovered to pre-pandemic levels. The association's president and CEO says the performance to date is despite headwinds from supply chain constraints, labor shortages and the impact of soaring inflation.
Land-based
U.S. casinos had best month ever in March, winning $5.3B
COGconnected

Are video games loot boxes similar to slot machines?

In-game "loot boxes" are popular in online games. They give randomized virtual goodies to the player. To interact with or open the loot box, the user must meet certain criteria. This may be eliminating an in- game adversary, acquiring a specific virtual object, seeing embedded advertisements, or making a purchase with real-world money.
Games
Are video games loot boxes similar to slot machines?
Black Immigrant Daily News

Online Casino Sites in Latin America

Latin America has become the core of a massive business that generates millions of dollars. Online casino gaming has been fully legalized in Latin America.
Mobile
Online Casino Sites in Latin America
Tioga Publishing

Online casinos could give New York a financial boost

New York has the largest online sports betting market in the country. Regulated New York casino apps could generate $3 billion annually. Online sports wagering is legal in 25 states and the District of Columbia. New Yorkers are interested in online casinos, but there is less interest after state lawmakers approved mobile sports gambling in 2021 and authorized up to three new brick-and-mortar casinos earlier this year. PlayUSA estimated New york's chances of passing online casino legislation is at 33% for next year, and it's possible the state could save a significant portion of its budget deficit.
Politics
Online casinos could give New York a financial boost
dodgerblue.com

Dodgers News: San Manuel Casino and the Dodgers Give Back to the Inland Empire

The Inland Empire is part of the Southern California region. Its most popular cities are San Bernadino County and Riverside County. Yaamava Resort is located in San Bernardino County, and it has many famous partnerships, especially in the sports world. One of its most prominent partnerships is with the well-known baseball team, the LA Dodgers.
Incidents
Dodgers News: San Manuel Casino and the Dodgers Give Back to the Inland Empire
picayuneitem.com

Woman hits big jackpot at Biloxi casino the day after Mattress Mack’s $500,000 wager

Woman from New York won $207,875 at the Beau Rivage Resort and Casino in Biloxi. The day before Mattress Mack came from Texas to the casino to place a $500,000 bet. Jim "Mattress Mac" McIngvale was at Beau Rive on Tuesday evening to bet on Houston to win the NCAA basketball championship in the spring. He also made a bet to make $9 million at DraftKings sportsbook and $1.05 million wager to be a winner at FanDuel sportsbooks.
Winnings
Woman hits big jackpot at Biloxi casino the day after Mattress Mack’s $500,000 wager
Gambling

Simplebet is the American Gambling Awards Online Betting Product of the Year

Simplebet is the 2022 winner of the American Gambling Awards. Simplebet's live in-play micro-betting product is recognized for its innovative technology. The American Gamblers' Awards are produced by G.com Group Limited (Nasdaq: GAMB). They are a leading provider of player acquisition services for the regulated global online gambling industry. Next year the TAM for in play micros is expected to reach $10 billion. The GGA estimates $1 billion of GGR for operators in 2023.
NFL
Simplebet is the American Gambling Awards Online Betting Product of the Year
The New York Times

Coney Island Has a Bit of Everything. Does It Need a Casino?

Joseph J. Sitt, Coney Island landlord, wants to build a beachfront casino. He will announce a proposal on Tuesday in partnership with Saratoga Casino Holdings and the Chickasaw Nation to try to secure one of up to three new casino licenses aimed at the New York City region.
Travel
Coney Island Has a Bit of Everything. Does It Need a Casino?
Magnolia State Live

Woman takes home more than $200,000 with jackpot win at Mississippi casino

Woman takes home more than $200,000 with jackpot win at Mississippi casino. Jim "Mattress Mack" McIngvale was at the Beau Rivage Tuesday evening to place a $500,00 bet on Houston to win the NCAA basketball championship in the spring. McIngeve made a bet to bet $9 million at DraftKings sportsbook and $1.05 million wager to play FanDuel sportsbooks.
Winnings
MarketBeat

Three Ways To Win The Online Gambling Industry

The online gambling industry is growing rapidly and is expected to continue to grow at a high-double-digit CAGR for at least the next 5 years. The industry expects to see an increasing level of profitability as it grows due to leverage of scale and less need for promotional activities.
Industry
Three Ways To Win The Online Gambling Industry
archpaper.com

New photographs mark the 50th anniversary of Learning from Las Vegas

New photographs mark the 50th anniversary of Learning from Las Vegas. Robert Venturi, Denise Scott Brown, and Steven Izenour wrote the book. The first edition wasn't without controversy. It was Bauhaus-influenced and large in size. A second edition was produced in 1977. Today, the first version is a collector's item. The second version can be found in used bookstores across the country. Baan's photographs are on view at the American Academy in Rome. He is the institution's 2023 Richard Grubman and Caroline Mortimer Photographer in Residence.
Travel
New photographs mark the 50th anniversary of Learning from Las Vegas