In normal times, a surge in online gambling revenue of 118 percent over the previous year's figure would be something to celebrate. But these are not normal times and the aforementioned good news, which actually did take place in New Jersey during the month of April, is something of a mixed blessing. Last month marked…
The UK Gambling Commission (UKGC) is, once again, throwing down a new set of rules and regulations designed to help problem gamblers from getting in over their heads during the country's months-old COVID-19 lockdown. The new rules include some pretty onerous requirements surrounding reverse withdrawals, bonus offers, and player monitoring. These new guidelines were introduced…
The Carousel Group is entering the freshly minted Colorado sports betting market and they're bringing the weight of their high-powered domain www.sportsbetting.com with them. It's a move that gives them a pretty sweet toehold in the US market, but they'll have to wait out a pretty uncertain future that currently doesn't include any live sports.…
When land-based casinos began shutting down as part of the worldwide effort to mitigate the deadly COVID-19 virus a ripple effect on casino-related businesses was all but inevitable. Last week, two major casino technology and service providers illustrated that impact in a pair of grim earnings calls to investors. Both PlayAGS and TransAct Technologies hosted…
How long will it be before land-based casinos can re-open and what will their business models look like when they do? That's the billion dollar question that's being asked all across the world and it's one that Detroit mayor, Mike Duggan has an unpleasant answer for. In a press conference earlier this week, Dugan suggested…
As the only state that offered regulated sports betting for several decades, Nevada has long been the heart of sports betting innovation in the United States. That point is being driven home this week as the South Point Casino in Las Vegas begins offering a drive-thru option for sports betting. It's the kind of outside-the-box…
Casino owners across the world are, understandably, interested in re-opening their shuttered facilities as soon as it is safely possible to do so. In many cases, they're getting ready to open their doors sooner rather than later using new governmental safety guidelines such as those recently published by the Nevada Gaming Control Board. But while…
Nevada gaming regulators are giving casino operators a glimpse at what re-opening will look like in the form of new guidelines that were released this week. Under the new plan, gamblers will be very spread out and the days of the raucous, jam-packed casino floor will be the thing of the past. But, at the…
As land-based casinos begin planning what their operations will look like when the COVID-19 the Station Casino chain in Nevada issued a stark warning regarding layoffs - expect layoffs. The casino chain's blunt message is one that workers across Nevada, and likely the world, will be facing when they emerge from quarantine. Word of potential…
MGM Resorts CEO Jim Hornbuckle spoke this week with investors about the current state of the company and what casino re-openings might look like in Nevada and Macau. Hornbuckle, who has only been with MGM Resorts since March, painted an optimistic picture and spoke freely of casinos re-opening and travelers walking through their doors, even…
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