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Updated: 43 min 58 sec ago
Wynn Interactive LLC filed an application on Jan. 10 with the New Jersey Division of Gaming Enforcement to offer online gaming in the state. The application lists the All American Poker Network and Caesars Interactive Entertainment as partners for the venture; Caesars and Wynn announced in September that though they are competitors, they planned to collaborate on this venture. It is unknown how long it could take Wynn to establish online gaming in the state. The Press of Atlantic City (N.J.) (tiered subscription model) (1/22)
Indian tribes in New Mexico object to the Navajo Nation's gaming compact with the state, which allows the nation to expand beyond its two existing state tribal casinos. The proposal allows three more casinos over a time period of 15 years. Arizona Daily Star (Tucson) (1/22)
An Indian tribe in South Carolina is arguing that the state's Gambling Cruise Act should apply to tribal casinos. The act allows video gambling on cruise ships departing from South Carolina ports, but the Catawba Indian Nation is limited to bingo operations. The case is being heard before the state Supreme Court. The State (Columbia, S.C.) (1/22)
G2E Asia brings you more networking opportunities in its 2014 showing! In keeping with the integration of digital technology into modern business and the networking needs of the industry, pre-registered visitors for G2E Asia 2014 will have the unique option to download their company description, logo and products of interest to the www.g2easia.com website and enjoy unlimited networking opportunities with other participants of the show. Moreover, participants can choose between the G2E Asia website and mobile app, to keep pace with activities and get the most out of the three-day event: see all the important exhibitor information, search for companies and/or products of interest, make appointments, view a detailed floor plan for easier navigation of the site, search a schedule of speakers/events and set up appointments. Held in Macau, the heart of Asian gaming, G2E Asia will take place from May 20-22, 2014, at The Venetian Macao. Visit us at www.g2easia.com. Save the Date for G2E Asia 2014: May 20-22, 2014 at the Venetian Macao, Macau, China. Save the Date for G2E 2014: Sept. 30 - Oct. 2, 2014 at the Sands Expo and Convention Center.
George MacDonald, Scottish writer
The Massachusetts Gaming Commission has postponed a casino presentation by MGM Resorts International because of a snowstorm forecast for the region. MGM was slated to present its proposal for an $800 million resort in Springfield, Mass., today, but the presentation was pushed back to Thursday. The commission will hear presentations by Mohegan Sun and Wynn Resorts today. Boston Herald (1/22)
A Nevada committee formed to study technology's effects on gambling plans to consider other issues as well ahead of legislative sessions. The committee will look at raising the tax rate paid by taverns or other venues with 15 or fewer slot machines, as well as allowing wagering on the outcome of political elections. Las Vegas Review-Journal (1/22)
A Nebraska lawmaker has created a proposal to expand gambling in the state beyond the horse racing, lottery, and keno it currently allows. State Sen. Russ Karpisek introduced a constitutional amendment that would require voter approval. "We're giving so much of this [gambling] money to other states. Why not save it for ourselves?" Karpisek said. Lincoln Journal Star (Neb.) (tiered subscription model) (1/21)
A New Hampshire House committee is considering a bill that requires stricter standards for charitable gambling by requiring background checks and limiting fees imposed by operators. In 2013, charities in the state received $13 million in proceeds from charitable gambling. Charities usually pay a rental fee to an operator who runs the gambling. Concord Monitor (N.H.) (1/21)
A Delaware panel on gaming faces a Jan. 31 deadline to submit recommendations, but members of the panel are still divided on what to recommend and consequently will likely meet again. Delaware's casinos face a 43.5% tax rate from the state, which some officials say should be reduced -- a reduction, however, would require the private casinos to release otherwise confidential information to the state. The Kansas City Star (Mo.) (1/21)
Frank Fahrenkopf, the former president and CEO of the American Gaming Association, will serve as an adviser to CAMS, a software company for online gaming and lottery operations. "Frank's considerable political and gaming acumen will be invaluable as we forge ahead in New Jersey and into other states," said Matthew Katz, CEO of CAMS, in a statement. "He wrote the playbook on how industries like ours can mature and expand within the United States." Reno Gazette-Journal (Nev.) (tiered subscription model) (1/21)
Through a partnership with Zynga, Facebook offers online gambling in the U.K. British Facebook users can play online slots, poker and bingo for real money. In the U.S., Facebook is not yet allowed to offer online gambling. TheStreet.com (1/22)
The Mashantucket Pequot Tribal Nation will not appeal a decision that allowed the government to collect property taxes on slot machines. The tribe, which operates the Foxwoods Resort Casino in Connecticut, said it initially filed a lawsuit "because such taxes are an affront to the tribe's sovereign authority over its territory." The tribe hopes to continue the tax fight in Connecticut, however. The Boston Globe (tiered subscription model) (1/21)
The government of Osaka, Japan, has been holding talks with global gaming companies MGM Resorts International, Caesars Entertainment and Genting Singapore regarding plans to develop a $4.8 billion casino resort. Japan has become a prime growth target among casino firms since Tokyo's selection as the host of the 2020 Olympic Games and subsequent plans by the Japanese legislature to legalize casino gambling in the country. Wynn Resorts, Las Vegas Sands and Galaxy Entertainment have also expressed interest in expanding into the country. Bloomberg Businessweek (1/21)
Beyond the Casino Floor: Economic Impacts of the Commercial Casino Industry, released by the AGA in 2012, is the largest and most comprehensive study of the total impact of the commercial casino industry in nearly 15 years. The report examines not only the direct economic impact on communities where casinos are located, but the indirect and induced impacts of the industry and its employees nationwide. The study also measures the impact of the nongaming amenities that have become a crucial part of casinos' revenue streams. Download the full report.
The official G2E Call For Papers campaign is now closed. However, you may still submit speaker suggestions to Makenzie Lynch, at firstname.lastname@example.org. The G2E Conference Team, the American Gaming Association and the G2E Conference Advisory Board will review all proposals and speaker suggestions to plan for G2E 2014.
Calvin Coolidge, 30th U.S. president
Three major gaming companies, Las Vegas Sands Corp., Wynn Resorts Ltd. and MGM Resorts International, are expected to have a big year in sales as gaming growth continues to soar in Macau and Las Vegas. In addition to the resort and gaming giants, slot machine producer Multimedia Games is also on tap to produce higher net income in 2014 with more of its machines hitting casino floors. Las Vegas Business Press (1/20)
The New Jersey Senate has a new bill on the floor that would allow the state's online gaming operators to accept players from outside state lines and even the U.S. The open gaming borders could increase customer count by the millions as well as state revenue, as each player would be taxed at the same rates of New Jersey residents. State Sen. Raymond Lesniak reintroduced the bill that was first introduced in November. Poker News Daily (Las Vegas) (1/20)
Gaming and resort companies MGM Resorts, Wynn Resorts and Mohegan Sun will have a face-to-face meeting with the Massachusetts gaming commission Wednesday to pitch plans for several resort casinos, the first of their kind for the state. Each company will give a 90-minute presentation in a bid for two casino licenses to build in Springfield, Revere or Everett. Las Vegas Review-Journal (1/20)