Archive for August, 2016

Rutgers University Studied the Online Gambling Industry’s Demographics

Rutgers University Studied the Online Gambling Industry’s Demographics

Written by Steve Larson | Wednesday, August 31st, 2016

Rutgers University released a study of the online gambling industry in New Jersey this week. The study showed that three-fourths of the online gamblers in the state were men, while age was a major determinant in whether players use responsible gaming tools made available by New Jersey’s regulations. The research, which was performed by the […]

Tropicana Entertainment Rejects Last-Minute Offer in Trump Taj Mahal Labor Dispute

Tropicana Entertainment Rejects Last-Minute Offer in Trump Taj Mahal Labor Dispute

Written by Steve Larson | Monday, August 29th, 2016

After an 11th hour attempt to settle issues between management and labor at the Trump Taj Mahal Casino Hotel, owner Carl Icahn said he still plans to close the Atlantic City resort on October 10. When asked about the reported $100 million he would lose on the investment, Carl Icahn told an Associated Press reporter, […]

Detroit Casino Gamblers “Lose” Their Bankroll in Slot Machines Due to Glitch

Detroit Casino Gamblers “Lose” Their Bankroll in Slot Machines Due to Glitch

Written by Steve Larson | Saturday, August 27th, 2016

Gamblers at Motor City Casino in Detroit had to wait for hours to cash out their money after a computer glitch trapped their cash inside electronic gaming machines. Motor City’s officials said a problem with the casino’s “ticket out system” caused the issues. Casino officials discovered the situation around midnight on Friday night. Gamblers were […]

Rob Goldstein of Las Vegas Sands Tells Nevada Commission “We’re Not Negotiable” on NFL Stadium

Rob Goldstein of Las Vegas Sands Tells Nevada Commission “We’re Not Negotiable” on NFL Stadium

Written by Steve Larson | Friday, August 26th, 2016

The Las Vegas Sands Corp. said its offer on bringing a football stadium to Las Vegas is a take-it-or-leave-it proposition. Rob Goldstein, an executive for the Las Vegas casino company, told a committee inside the Nevada Governor’s Office of Economic Development. “We’re not negotiable.” Rob Goldstein Says $750 Million Not Negotiable Rob Goldstein is the […]

Alabama State Senate and House of Representatives Each Pass a Lottery Bill

Alabama State Senate and House of Representatives Each Pass a Lottery Bill

Written by Steve Larson | Thursday, August 25th, 2016

The Alabama State Senate passed a lottery bill last week, setting up a vote in the Alabama House of Representatives on Thursday. The bill passed in the Alabama House by a margin of 64-35, 1 vote more than the 63-vote minimum needed to pass. An initial vote was 61-37, but the House voted to reconsider […]

Antigua’s Prime Minister Issues One Last Warning before Instituting Copyright Sanctions on U.S.

Antigua’s Prime Minister Issues One Last Warning before Instituting Copyright Sanctions on U.S.

Written by Steve Larson | Wednesday, August 24th, 2016

Antigua’s Prime Minister Gaston Browne has issued one final offer and one final warning before instituting copyright sanctions. Antigua’s president hopes to settle a dispute with the United States which has lasted more than 10 years. The dispute has cost Antigua and Barbuda around $200,000,000, by most estimates. In a country with a tiny population, […]

Pennsylvania Is Likely to Have a Senate Vote on a Gaming Bill in the Fall

Pennsylvania Is Likely to Have a Senate Vote on a Gaming Bill in the Fall

Written by Steve Larson | Friday, August 19th, 2016

The Pennsylvania State Senate has not voted on an gambling bill which was passed this summer by the General Assembly, but most believe a vote is forthcoming in the fall session. If passed, Pennsylvania would allow more forms of land-based gambling, as well as online gambling. The optimism stems from the fact that the revenue […]

Former CEO David Baazov Resigns from All Positions at Amaya Gaming

Former CEO David Baazov Resigns from All Positions at Amaya Gaming

Written by Steve Larson | Thursday, August 18th, 2016

David Baazov resigned “from all positions” at Amaya Inc., while dealing with charges of insider trading. Baazov took a voluntary leave of absence as the chairman of the board and CEO when the charges were unsealed back in March 2016, but had remained as Amaya’s president and a member of the board. Rafi Ashkenazi was […]

MGM Resorts CEO Jim Murren Endorses Hillary Clinton in a USA Today Op-Ed Piece

MGM Resorts CEO Jim Murren Endorses Hillary Clinton in a USA Today Op-Ed Piece

Written by Steve Larson | Tuesday, August 16th, 2016

For the second week in a row, a casino executive gave a political endorsement. Last week, Carl Icahn endorsed Donald Trump for US President. This week, the longtime head of MGM Resorts endorsed Trump’s opponent, Hillary Clinton. MGM Resorts Chairman and CEO Jim Murren has gone against his lifelong party affiliation and endorsed Hillary Clinton […]

Daily Fantasy Sports Bill Emerges in the State of Maine

Daily Fantasy Sports Bill Emerges in the State of Maine

Written by Steve Larson | Monday, August 15th, 2016

State Senator Roger Katz is sponsoring a bill to regulate daily fantasy sports in Maine. If passed, the bill would make Maine the 9th U.S. state to pass DFS regulations. Sen. Katz is required to submit a detailed proposal, but not a full itemized bill. Therefore, it is known that Katz wants to legalize, regulate, […]