Illegal betting in the U.S. on the Super Bowl will be about 38 times more by value than Nevada casinos typically accept in wagers on the National Football League championship, the American Gaming Association said. Americans will wager about $3.8 billion illegally on the Feb. 1 game, the Washington-based casino industry trade group said in […]
WASHINGTON (AP) — Macau, the Chinese territory known for casino gambling, outperformed the rest of the world’s major cities economically last year, according to a report out Thursday. Cities in the developing world, especially China, dominated the top of the annual economic rankings of 300 cities worldwide by the Brookings Institution and JPMorgan Chase. One […]
Washington, DC– According to a first-ever estimate by the American Gaming Association (AGA) released today, Americans will make $3.8 billion worth of illegal bets on this year’s Super Bowl between the New England Patriots and Seattle Seahawks. That figure stands in stark contrast to the approximately $100 million bet legally on the Super Bowl each year. […]
Boyd Gaming celebrated the debut of a new restaurant at its flagship downtown Las Vegas casino on Friday, one that company officials say is part of a larger strategic focus on nongambling amenities. The California Noodle House, now open at the California casino, follows the opening of a sports-focused restaurant at Boyd’s Suncoast casino last year. Both […]
Washington, DC –American Gaming Association (AGA) President and Chief Executive Officer Geoff Freeman released the following statement after the Financial Crimes Enforcement Network (FinCEN) released new guidance for sports book operations: “AGA members are committed to robust anti-money laundering measures in every aspect of their operations and invest significant resources to tailor risk-based compliance programs for every corner of the […]
Inside the American Gaming Association’s new headquarters in Washington are a few slot machines to entertain policymakers and other visitors. The free-play games also serve as instructional tools to teach gambling novices about the inner-workings of the casino industry. A large poker table is on order. No word yet on house rules. The offices also […]
Washington, DC –The American Gaming Association (AGA) today announced the addition of six board members and three general members as a part of a new membership structure approved by the AGA Board of Directors in late 2014. The AGA is seeking to unify the gaming industry and is doing so through a policy of inclusivity and […]
Missouri’s 13 casinos contributed more than $3.4 billion to the state’s economy last year and reduced its unemployment rate by more than 1 percent, according to a report issued Wednesday by the American Gaming Association. A similar report earlier this month put the contribution of Kansas’ three big casinos to their state’s economy at $673 […]
Monitoring casino floors for potential money-laundering is a full-time job for the American gaming industry. Casinos, like banks and other institutions that deal with a lot of money, are required by law to vigilantly look out for financial transactions that may be illegal. And a first of its kind report from the industry’s Washington, D.C.-based […]
LAS VEGAS (AP) — A gambling industry group says it’s drafted a first-of-its-kind guide to help casinos prevent money laundering. The American Gaming Associationreleased its best practices Thursday to help casinos and Internet gambling sites comply with anti-money laundering laws. Casinos generally have their own plans but the group says there hasn’t been an industry-wide guide until now. Among […]