Category: Regulation
MGM Investor Diller Gets Another Chance at Nevada Gaming License
Barry Diller, whose IAC/InterActiveCorp (NASDAQ: IAC) is the largest shareholder in MGM Resorts International (NYSE:MGM), will get another shot at a full gaming license when he appears before the Nevada Gaming Control Board (NGCB) Wednesday. IAC Chairman and MGM investor Barry Diller. He will appear before Nevada regulators this week in an attempt to gain…
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Downtown Grand Hotel & Casino Settles Federal Disability Claims for $720K
Las Vegas’ Downtown Grand Hotel & Casino will pay $720K to settle employee disability allegations brought against the gaming property. The Downtown Grand Hotel & Casino, pictured above. The gaming property settled a discrimination lawsuit. (Image: Downtown Grand Hotel & Casino) The US Equal Employment Opportunity Commission (EEOC) announced the settlement last week. The agency…
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Nevada Regulators Join Las Vegas Money Laundering Probe as Net Widens
The Nevada Gaming Control Board (NGCB) has joined a sprawling investigation into the possible laundering of proceeds from illegal bookmaking at Las Vegas casinos, the Nevada Current reports. Scott Sibella, above, has pleaded guilty to violating the Bank Secrecy Act in connection to Wayne Nix, the bookie he allowed to gamble at the MGM Grand.…
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Prominent District Attorney in Pennsylvania Calls for Skill Gaming Clarity
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…
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Crown Resorts Retains Coveted Sydney Casino License After Corp. Transformation
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…
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Sunset Station Casino Workers Ask That Culinary Union No Longer Represent Them
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.…
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Online Betting, Marijuana Altering State Tax Bases
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…
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Iowa Casino Moratorium to Lift, Clear Way for Cedar Rapids Resort
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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New York City Council Green Lights Casino Zoning Changes
In a Thursday vote of 35 to 15, the New York City Council signed off on the “Gaming Facility Text Amendment,” which would allow for casino hotels to be constructed in select areas of the five boroughs. New York Mayor Adams (D). On Thursday, the City Council approved his plan for zoning changes to accommodate…
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Embattled New Hampshire Casino is Not Yet Sold, State Must Approve New Owner
Concord Casino has yet to be acquired by another owner as the deadline for the New Hampshire property’s sale is just a few months away. Concord Casino, pictured above. The New Hampshire gaming property must be sold this year. (Image: New Hampshire Bulletin) In January, the charitable casino’s owner, Andy Sanborn, was to start looking…
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