Category: Land Based Gaming and Casinos
UK’s knee-jerk gambling policy draws fire from all sides
Gaming Intelligence – The publication Wednesday of a set of measures designed to tackle the issue of problem gambling, focused on fixed-odds betting terminals (FOBTs), has been met with criticism from both the industry and the machines’ biggest critics, the Campaign for Fairer Gambling, which said that the government has missed its “single biggest opportunity” to make a real impact on tackling the issue. Following a policy review, the Department of Culture Media and Sport (DCMS) yesterday set out a series of measures to curb irresponsible gambling. These include requiring players that want to stake over £50 to either pay…
Las Vegas Strip is regaining footing
Las Vegas Review Journal – Stop the presses. Steve Wynn declared Las Vegas is on the road to recovery Thursday. At the outset of a first-quarter conference call with analysts, the Wynn Resorts Ltd. chairman and CEO said he was “feeling good about Las Vegas, better than I had in the past.” Wynn based his opinion on the company’s results from Wynn Las Vegas and Encore during the three-month period that ended March 31. The resorts’ overall revenue total — $380.9 million — was a 1.5 percent decline from a year ago and accounted for just 25 percent of the…
IGT Reinforces its Tribal Gaming Commitment
PR Newswire – When the Tribal Gaming industry converges at the Indian Gaming Tradeshow and Convention in San Diego, CA from May 11 -14, IGT (NYSE: IGT) will showcase the gaming industry’s finest portfolio of gaming innovations. The Company’s line-up of all-new, Class II-only titles will complement its fan-favorite library of MegaJackpots® games, captivating core titles and performance-driven systems products. In addition to industry-leading games and systems, IGT will demonstrate the Company’s continued commitment to Indian Gaming through charitable giving. During the Indian Gaming Tradeshow and Convention, IGT will present the American Indian College Fund with a $25,000 check that…
Las Vegas is poised to become the Disneyland of weed
The Verge – They won’t have neon signs, drive-thru windows, or 24-hour wedding chapels attached to them. But Las Vegas marijuana dispensaries will be massively profitable tourist attractions that could deepen the entire nation’s relationship with weed. At least that’s the hope of the 109 applicants who entered the heated competition for Vegas’ first medical marijuana dispensary and grow-room licenses in time for Tuesday’s deadline. Nevada voters legalized medical marijuana way back in 2000, but the state only recently enacted regulations to allow people to open pot businesses legally. Unincorporated Clark County — not to be confused with Clark County,…
Gambling and Lottery Addiction
Liberty Voice – Millions of Americans play the Lottery every day. However, could the hope of winning big jackpots be an even bigger addiction than players realize? Are Lottery players less likely to develop a serious gambling habit compared to slot machines or other forms of casino or sports betting? Many experts claim that Lottery games are just more “socially accepted” as “dollar here, dollar there” harmless fun, however that may not be the case. It has been reported that some folks are spending up to 60 dollars a day on this “harmless” pastime which may explain some of the…
Online Kentucky Derby Betting
Few events in the world of sports are as popular among mainstream fans as online Kentucky Derby betting. Among US based fans its exceeded only by the Super Bowl and March Madness. Since there are always a lot of newcomers to horse betting at this time of year it’s a good time to outline some of the differences and similarities between betting on sports and betting on horses. Despite the fact that betting on horses and betting on sports is inextricably linked in a lot of ways–for example, they usually occupy the same space in most Nevada casinos – there…
Philadelphia Casino plans to seek OK for gambling on smartphones and tablets
Philly.com – In a bid to attract younger crowds, Greenwood Gaming & Entertainment Inc. is planning to introduce gambling on smartphones and tablets at Parx Casino in Bensalem. “The idea is to try to expand our business, create more revenue both for us and the state by offering something that would appeal to a whole new generation of slots players,” John Dixon, Greenwood’s chief technology officer, said Wednesday at a Pennsylvania Gaming Control Board hearing in Harrisburg. Greenwood Gaming’s attorney, Alan C. Kohler of Eckert Seamans, told the board that the company would like to file a petition in the…
GameAccount Network to launch in New York casino
Independent.ie – GameAccount Network, the UK-based gambling software provider headed by Dermot Smurfit Jnr, has inked a deal to provide a simulated gaming website to the famous Yonkers racetrack and casino in New York. GAN also announced that pre-tax profits hit £1.6m (€1.9m) last year compared to a loss of £1m (€1.2m) the year before, as net revenue rose 123pc to £12.3m (€15m). Expansion in the US remains a “strategic priority” for the group, said Mr Smurfit. Shares in the company, which floated on London’s Alternative Investment Market and Dublin’s Enterprise Securities Market last year, jumped 12pc in London yesterday…
















