Events & Reports

Portuguese Government Initiates Gambling Tax Review

Portuguese Government Initiates Gambling Tax Review

by March 20, 2019

Portugal’s heavy gambling tax to finally be reviewed by the government as the local regulated market faces channelization issuesThe government of Portugal has tasked a working group with analyzing the state of the country’s online gambling industry and assessing whether chang ...

Casinos Splitting from NV Energy Could Be Imposed Higher Impact Fees

Casinos Splitting from NV Energy Could Be Imposed Higher Impact Fees

by March 20, 2019

Nevada’s public utility calls for higher impact fees to be imposed on departing corporate customersMajor companies leaving NV Energy could be required to pay a higher “impact fee” if Nevada regulators agree to consider the state public utility’s recent call for the formula us ...

Pennsylvania Sports Betting Revenue Takes Massive Slide in February

Pennsylvania Sports Betting Revenue Takes Massive Slide in February

by March 19, 2019

Pennsylvania’s sportsbooks took a beating in February with disappointing handle and revenue, despite Super BowlPennsylvania’s February sports betting revenue took a disappointing 25.4% slide from January, figures released Monday by the Pennsylvania Gaming Control Board showed ...

Hard Rock among Shortlisted Bidders for Cairns Casino License

Hard Rock among Shortlisted Bidders for Cairns Casino License

by March 18, 2019

The Government of Queensland has shortlisted three bidders for a development project that will transform the Cairns waterfront and the region’s tourism industryFlorida-based gaming and hospitality giant Hard Rock International, Australian casino operator The Star Entertainmen ...

New Trust to Raise Funds from Irish Bookmakers for Gambling Addiction Research

New Trust to Raise Funds from Irish Bookmakers for Gambling Addiction Research

by March 17, 2019

A new trust will direct funds to gambling addiction research and counseling services, as Ireland struggles to regulate its gambling industryThe Irish Bookmakers Association will pledge €1 million a year to help a newly established body to tackle problem gambling and gambling ...

Rhode Island Casinos Add Self-Betting Kiosks

Rhode Island Casinos Add Self-Betting Kiosks

by March 16, 2019

Rhode Island’s two sportsbooks install self-betting kiosks to streamline the betting process right ahead of this year’s March MadnessRhode Island’s sportsbooks are getting an important upgrade ahead of this year’s March Madness, news emerged Friday. The state’s two casinos – ...

Caesars Trims Corporate Workforce to Cut Annual Costs

Caesars Trims Corporate Workforce to Cut Annual Costs

by March 15, 2019

Caesars Entertainment Corp. is trimming its corporate workforce to cut annual costs, the company announced amid investor pressure to sell itself or merge with another hotel and casino operatorThe Las Vegas gambling giant said in statement issued this past Thursday that it has ...

New Jersey Sportsbooks Lose $4.5 Million on Super Bowl; Market Still Going Strong

New Jersey Sportsbooks Lose $4.5 Million on Super Bowl; Market Still Going Strong

by March 14, 2019

New Jersey’s sportsbooks handled $320 million in wagers in February, FanDuel dominated the market for another monthNew Jersey’s sportsbooks had another very good month, February financial data posted by the New Jersey Division of Gaming Enforcement showed. The state’s sports ...

Rhode Island Could Soon Have Mobile Sports Betting

Rhode Island Could Soon Have Mobile Sports Betting

by March 13, 2019

Rhode Island House lawmakers overwhelmingly pass a mobile betting bill, the piece heads to Gov. Raimondo’s deskThe Rhode Island House of Representatives passed Tuesday a House-sponsored bill and its Senate twin that call for the authorization of mobile sports betting. It is n ...

MGM to Seek Full-Scale Casino License for Empire City

MGM to Seek Full-Scale Casino License for Empire City

by March 13, 2019

Gambling giants lobby for the authorization of Las Vegas-style casino gambling in the New York City areaThe new owner of Empire City Casino at Yonkers Raceway in Yonkers, New York is now looking to start unlocking value and believes that one of the ways to do this is by being ...

Third Version of Germany’s Interstate Treaty on Gambling Surfaces

Third Version of Germany’s Interstate Treaty on Gambling Surfaces

by March 12, 2019

After two unsuccessful attempts to pass a federal sports betting legislation, Germany launches renewed effortGermany is making a fresh push to adopt a nationwide sports betting legislation after similar attempts failed in recent years. The third version of the Interstate Trea ...

Spelinspektionen Issues 116 Casino, Betting Licenses Since Market Liberalization

Spelinspektionen Issues 116 Casino, Betting Licenses Since Market Liberalization

by March 11, 2019

As many as 72 gambling companies are competing for a bigger share in Sweden’s gaming and betting space, Spelinspektionen revealedSpelinspektionen has issued 116 licenses for the provision of gambling services under Sweden’s new gambling regime, the Swedish gambling regulator ...

GVC Chief Kenny Alexander Slashes Personal Stake, Giving the Shivers to Investors

GVC Chief Kenny Alexander Slashes Personal Stake, Giving the Shivers to Investors

by March 9, 2019

A duo of the gambling powerhouse’s top executives cut their personal stakes, causing shares to tumble more than 18%Gambling giant GVC Holdings had its worst day on the stock market in nine years after the company’s top bosses offloaded massive chunks of their personal stakes ...

Soho House Owner Rumored To Be Buying Caesars’ Rio Casino

Soho House Owner Rumored To Be Buying Caesars’ Rio Casino

by March 8, 2019

The owner of a chain of private member clubs is reportedly courting Caesars to buy its Rio CasinoCalifornia businessman Ron Burkle has reportedly set eyes on Rio All-Suite Hotel & Casino, the Caesars-owned casino resort best known for hosting the World Series of Poker sin ...

Japan Enhances Problem Gambling Measures ahead of New Casinos

Japan Enhances Problem Gambling Measures ahead of New Casinos

by March 8, 2019

Japanese lawmakers craft new rules to curb problem gambling ahead of the opening of the country’s first legal land-based casinosThe Japanese government announced Thursday plans to roll out a set of measures aiming to address widespread gambling addiction concerns as part of a ...