Month: April 2024
Prominent District Attorney in Pennsylvania Calls for Skill Gaming Clarity
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A prominent county prosecutor in Pennsylvania is urging state lawmakers in Harrisburg to pass a regulatory bill for skill games, the controversial slot-like gaming machines that the casino industry claims constitute illegal gambling. Skill gaming terminals branded “Pennsylvania Skill” are seen in a bowling alley near a children’s amusement claw machine in Hawley, Pa. A…
Read MoreInflation, Interest Rates Weighing on Gaming Industry M&A, Says Analyst
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Entering this year, it was widely expected that the Federal Reserve would pare interest rates from 20-year highs, potentially unleashing a wave of mergers and acquisitions activity in the casino gaming industry, but that scenario hasn’t materialized. The Las Vegas Strip. High interest rates are weighing on gaming industry mergers and acquisitions activity, says an…
Read MoreCrown Resorts Retains Coveted Sydney Casino License After Corp. Transformation
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Australian casino giant Crown Resorts has been deemed suitable to continue possessing a gaming license in New South Wales (NSW) after the embattled organization underwent a corporate overhaul in recent years. Crown Sydney has been found suitable to continue holding a casino license in New South Wales. The regulatory inquiry outcome is a major win…
Read MorePennsylvania Online Gaming Amendment Bill Filed to Remove Credit Card Deposits
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Legislation in Pennsylvania seeking to amend rules regarding how players fund their online gaming accounts has been filed in the Harrisburg capital. Online gamblers in Pennsylvania can use their credit cards to fund their internet wagering accounts. Several state senators are concerned online gambling on credit is only worsening the state’s consumer credit card debt…
Read MoreChickasaw Nation to Open Lakecrest Casino Hotel in Oklahoma
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The Chickasaw Nation will open its newest casino hotel on Wednesday, April 24. Oklahoma’s Chickasaw Nation will hold a soft opening of the Lakecrest Casino & Hotel on Wednesday, April 24. The tribe says a grand opening and ribbon cutting will be held at a later date. (Image: Lakecrest Casino & Hotel) Continuing its…
Read MoreSunset Station Casino Workers Ask That Culinary Union No Longer Represent Them
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More than half of the approximately 600 unionized workers at Sunset Station Hotel and Casino reportedly want to drop the Culinary Union Local 226 as their labor representative. Scott Kreeger, president of Red Rock Resorts, pictured above. Workers at one of the company’s properties reportedly no longer want to be represented by the Culinary Union.…
Read MoreAlabama Gaming Conference Committee Gathers to Find Resolution
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A special committee in Alabama formed of three state senators and three House lawmakers gathered this week in Montgomery to try and iron out differences between the two legislative chambers on how to go about expanding gaming in the Cotton State. Alabama Sen. Greg Albritton (left) talks with Senate Minority Leader Bobby Singleton (D-Greensboro). Albritton…
Read MoreMuckleshoot Casino Accused Murderer Is Held on $5M Bail After Random Stabbing
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The man who fatally stabbed a stranger early Sunday at Washington State’s Muckleshoot Casino chose his victim on the gaming floor after he couldn’t locate his intended target, authorities revealed. Washington State’s Muckleshoot Casino, pictured above. A man accused of stabbing another patron at the gaming property is now in jail. (Image: Seattle and Sound)…
Read MoreOnline Betting, Marijuana Altering State Tax Bases
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US states have long applied “sin taxes” to items such as alcohol, beer, cigarettes, other tobacco products, and wine as avenues for bolstering revenue. More recently, marijuana and sports wagering have been added to the mix, representing alterations to some states’ revenue compositions. Illinois Gov. J.B. Pritzker arrives at the State Capitol to deliver his…
Read MoreIowa Casino Moratorium to Lift, Clear Way for Cedar Rapids Resort
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New casinos could soon come to Iowa after state senators opted not to extend a moratorium that had pumped the brakes on the Iowa Racing and Gaming Commission (IRGC) issuing new gaming licenses. A rendering of the long-proposed Cedar Crossing casino in Cedar Rapids, Iowa. The $250 million development has been resurrected after Iowa lawmakers…
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