BOSTON — Millions of dollars in gambling money will begin flowing into local government coffers in earnest now that the state’s casino law survived an Election Day repeal effort. In western Massachusetts, MGM Resorts International is expected to make its first payments to Springfield under the host community agreement negotiated for its proposed $800 million […]
MGM Resorts International is one of the largest and highest profile Las Vegas corporations. And the MGM Resorts Foundation enjoys similar status. MGM started the 501 (c) 3 in 2002 to help its employees give back to the community. Since its inception, the Foundation has raised $59 million. Donations now average almost $5 million a […]
By: Haley Viccaro Casino gaming contributes $3.6 billion to New York’s economy and supports about 14,600 jobs in the state,according to a study conducted by Oxford Economics and released by the American Gaming Association. The gaming industry also generates $1.3 billion in tax revenues to local, state and federal governments, according to the study. Nationwide, casino […]
Washington, DC –American Gaming Association (AGA) President and CEO Geoff Freeman released the following statement today after NBA Commissioner Adam Silver penned an op-ed on sports betting in the New York Times: “Legal, regulated sports betting protects the integrity of casino games and the consumers who partake in them. In some cases, sports books in Nevada have even notified […]
In the spirit of Veterans Day, two Las Vegas casino companies recently announced major charitable contributions to the military community. MGM Resorts International said today it’s committing $250,000 to the Nevada Military Support Alliance to build a house that will host families of patients being treated at the Southern Nevada Veterans Affairs Medical Center in […]
A few years ago, the American Gaming Association would have stayed away from the recent Massachusetts ballot referendum matter, where voters had a chance to kill the state’s nascent casino industry before the first hand of blackjack was dealt. The Washington, D.C.-based association wanted states and cities to decide whether gaming expansion was right for […]
Casinos add $4.8 billion a year to Pennsylvania’s economy and are directly responsible for 17,759 jobs in the state, says a new study sponsored by the American Gaming Association. The impact could grow with a greater “partnership” between policy makers and the industry, the group’s top executive says. “As competition emerges in neighboring states, it […]
Washington, DC – American Gaming Association (AGA) President and CEO Geoff Freeman released the following statement after Massachusetts voted to welcome gaming to the Bay State: “The people of Massachusetts have wisely rejected tired stereotypes about gaming and chosen to welcome a reliable economic engine to the Commonwealth. Massachusetts joins a long line of states that have considered […]
Washington, DC – American Gaming Association (AGA) President and CEO Geoff Freeman released the following statement after an Indiana legislative study committee voted to consider important policies for its gaming industry: “While we encourage further review in certain areas, we applaud Indiana’s study committee for seriously considering important policy issues for an industry that generates vital tax revenue […]
MAYBE IT’S because I retired, but I apparently missed the meeting — the one in which it was decided that liberals should oppose casinos. While I do not enjoy gambling personally — putting my name on the ballot 20 times in 40 years used up my lifetime appetite for risk — I have never understood why […]