This Week in Gambling

Just two months after the record breaking launch of mobile sports betting, the expansion of New York online gambling into casino games is being proposed in new legislation. Well, that didn’t take long did it?! The political force behind the bill which regulated mobile sports bets, State Senator Joseph Addabbo, is now pushing a new bill seeking to do the same for online casinos.However, unlike the somewhat absurd tax rate of 51% imposed on mobile sports books, web based casinos would only be taxed at 25%. Addabbo’s Senate Bill 8412 specifically seeks to “authorize online interactive gaming” and collect a…

This week’s gambling news discusses the possibility of California sports betting as voters there may see legislation this fall. Plus, a new poll shows growing support for California sports betting regulation! We also talk about the latest announcement from Caesars Entertainment about one of their Las Vegas casinos! Hello friends, and welcome to This Week in Gambling, where all the leaves are brown and the sky is grey. But folks are dreamin’ of California sports betting on this winter’s day! And they just might get it this fall! But first, this week’s big story is a follow-up to a show…

We get an first-hand look at the beautiful new Monopoly Lunar New Year slot machine, combining all the elements of Scientific Games beloved Monopoly slot brand with the popular Asian themes so many players enjoy! We speak with Phil Gerber, Vice President of Sales and Marketing at Scientific, about game play and game mechanics! The latest Monopoly slot game from our friends at Scientific Games is sure to bring new riches to many lucky players on casino floors! This is a 5 reel, 3 row game that can expand and comes with medium volatility, where the average return to players…

Should the people get what the people want? If so, California sports betting could become a real thing! The University of California’s Berkeley Institute of Governmental Studies recently collaborated with the Los Angeles Times to find out what citizens really wanted when it comes to betting on sports. The results? Nearly half support it’s regulation int he state! This latest poll of voters in California found a full 45% in favor of legalization, while 22% are still trying to make up their minds on the issue. That leaves about one third of state residents opposed to the idea, which is…

Anyone waiting for Oklahoma sports betting just got a ray hope last week. A bill to bring the activity passed from a House Committee recently, and aims to legalize wagers on sporting events at state tribal casinos. This proposed legislation, House Bill 3008, stops short of regulating mobile betting. All transactions would be required to take place in person at a casino. The Bill was proposed by Representative Ken Luttrell, a Republican, who believes Oklahoma sports betting would be good economically for both the state and tribal gaming. The legislation sets aside 10% of net win for the state. Supported of…

We’ve reported on the big changes coming to the Las Vegas Strip over the past few weeks, and now you can add another name to that list of casinos. We just don’t know what that will be yet. The Chief Executive Officer of Caesars Entertainment, Tom Reeg, recently confirmed that the company is looking to move one of their casinos on Las Vegas Boulevard, but he did not reveal which property that would be. During the company’s Earnings Call last week, Reeg stated Caesars expects to sell a Las Vegas Strip casino, and that they had launched that process earlier…