Card Player – The state of Indiana may take a look at its gambling industry this summer with an official legislative study committee, the Associated Press reported. The report said that casino tax revenue has dropped from nearly $876 million in 2009 to about $752 million in fiscal 2013. That decline has been partially due to Indiana’s three casinos near Cincinnati experiencing diminishing revenue since a casino opened in Cincinnati last year. Final decisions on the committee reportedly will come later this month. In addition to Cincinnati, Ohio has put casinos in Cleveland, Toledo and Columbus. Illinois—Indiana’s neighbor to the…

iGaming Business – Malaysian conglomerate Genting Group has unveiled plans for a multi-phased opening of its new Resorts World Las Vegas facility in the US state of Nevada. Genting, which presented the plans to the Nevada Gaming Control Board last week, said the new resort would create “tens of thousands” of jobs and generate “hundreds of millions of dollars” in tax revenue for Southern Nevada. The site will feature 3,500 gaming positions, 3,000 rooms and a number of food and beverage outlets. Construction work on the new resort, which will be located on the site of the old Stardust resort…

New Anti-Money Laundering rules were approved by regulators for Spanish gaming on May 5 to clarify many issues and duties of licensed Spanish gaming and lottery operators. Going forward, gaming and lottery operators will be obliged to verify the player’s identity for any prize or winnings worth €2,500 or more. To further complicate matters, the €2,500 quota can be related to one event or also a series of connected events. At this point in time, however, the definition of how connected events are isn’t clear yet and will be treated on a case by case basis. Spanish gaming betting products…

Inquirer – The state-run Philippine Amusement & Gaming Corp. has struck a deal with gaming operators to cut license fees by 10-percent of gross gaming revenues to neutralize the burden arising from a controversial judicial ruling that changes the gaming tax regime. The reduction in license fee as a percentage of gross gaming revenues from both high-roller VIP (very important person) and mass markets was intended to “make whole” the gaming operators after a Supreme Court order that removed Pagcor’s tax exempt status. As a consequence, the tax regime changes for all private licensees as well.  Instead of paying the…

BBC – Billionaire James Packer and David Gyngell were cited for “offensive behaviour”, which carries a fine of A$500 ($467, £276) if uncontested. Police had launched an investigation into the incident on Sunday although no official complaint was filed. The cause of the brawl between the two friends still remains unclear. “Police today issued a 46-year-old man and a 48-year-old man with a Criminal Infringement Notice for offensive behaviour,” the New South Wales police statement said, without identifying the men by name. The brawl has been widely reported in Australian media, with photos reportedly selling for a six-figure sum. Photographs…

Reuters – Genting Bhd, Southeast Asia’s biggest gaming group, will begin construction of a $4 billion gaming resort on the Las Vegas strip in the second half of this year, it said in a statement on Thursday. The Resorts World Las Vegas, expected to create thousands of jobs and hundreds of millions of dollars in tax revenue for South Nevada, will be built in four phases and take between 24-36 months to complete, Genting said. “Our themed resort will cater to the high-end visitor as well as the budget-minded tourist,” said Genting Chairman Lim Kok Thay. “We will give first-time…