The Arizona Department of Gaming (ADG) has announced a significant boost in tribal gaming contributions for the third quarter of Fiscal Year 2025, totaling $30,845,042. This marks an approximate 7.9% increase from the same quarter in FY 2024, reflecting a robust growth in the sector’s revenue. Strategic allocation for statewide improvement: The Arizona Benefits Fund, the primary recipient of these contributions, allocates 88% of the received...
In a significant legislative move, the Victorian Parliament has passed the Gambling Legislation Amendment (Pre-commitment and Carded Play) Bill 2024. This bill, which recently advanced to the Legislative Council after a 53 to 25 vote in the Legislative Assembly, seeks to drastically alter the landscape of electronic gaming machines across Victoria. A step towards responsible gaming: Under the new legislation, a mandatory pre-commitment system will be integrated...
Amid ongoing challenges with the state’s gaming compact, Niagara County’s Republican legislators are actively campaigning to renew a crucial revenue-sharing agreement to support local institutions with casino-generated funds. State Sen. Minority Leader Rob Ortt and state Assemblyman Angelo Morinello emphasized the necessity of this during a press event at the Niagara Falls Memorial Medical Center. Urgent call for legislative renewal: The legislators are striving to revive the 99-H...
Louis Trombetta, Florida’s pioneering gambling regulator, has sparked ethical debates with his recent transition to a major industry player, leading to legislative efforts aimed at tightening employment restrictions for state regulators. Regulatory revolving door draws scrutiny: Louis Trombetta, recognized for his rigorous oversight of fantasy sports betting in Florida, compelled three emerging companies to cease operations before unexpectedly joining a competitor. His move to FanDuel, a...
In a persistent move to modernize sports betting regulations, bipartisan co-chairs of the Congressional Gaming Caucus, Democratic Representative Dina Titus of Nevada and Republican Representative Guy Reschenthaler of Pennsylvania, have reignited efforts to repeal a federal excise tax on sports wagers, citing its obsolescence and unfair advantage to illegal operators. Persistent legislative challenges: Introduced in 1951 to combat illegal gambling activities, the 0.25% excise tax on...
February 2025 witnessed a notable decrease in tourist arrivals in Macau, recording a 4.4 percent year-on-year decline to approximately 3.15 million visitors. This downturn is largely ascribed to the high base effect from last year’s extended Chinese New Year celebration, which lasted eight days in mainland China. Analysis of visitor trends: The drop in arrivals contrasts sharply with the surge experienced during the...
Star Entertainment’s largest investor, billionaire pub and gaming magnate Bruce Mathieson, has thrown his support behind a buyout proposal from Bally’s Corporation, the American casino giant. The move comes as Star struggles to navigate financial troubles and regulatory challenges, leaving the company in search of a viable rescue plan. Mathieson, who holds a 10% stake in Star, has committed to...
A majority of Thai citizens are voicing apprehension over the government’s proposal to establish entertainment complexes that would include casinos, according to a recent survey conducted by the National Institute of Development Administration (Nida Poll). The study, conducted from March 18-20 among 1,310 respondents nationwide and cited by Bangkok Post, revealed widespread concern regarding the policy’s potential social, economic, and...
On April 10, the Grand Island Casino Resort will officially open its doors at Fonner Park, marking a significant moment for the local community and the broader region of central Nebraska. The $185 million development will commence operations with a VIP event scheduled for 4 p.m., followed by public access from 6 p.m. The Nebraska Racing and Gaming Commission signed off...
The ambitious project proposed by Las Vegas Sands Corp. for a high-density development in Irving has taken a new direction after a significant change in plans. Originally envisioned as a “destination resort” featuring a casino, the company has now stripped away the gambling component. This move came after public pushback, community concerns, and the current legal landscape of gambling in...