Broadway makes final push against Caesars Times Square casino bid Summary Broadway theatre workers and local residents mounted a final, vocal push against Caesars Palace’s proposal to convert 1515 Broadway into a casino, hotel and entertainment complex. The $5.4 billion project, backed by SL Green, Caesars Entertainment and Roc Nation, faces a decisive Community Advisory […]
U.S. casino visitation falls in August but revenues hold steady, according to new report | Yogonet International Summary Jefferies Equity Research reports that foot traffic at US casinos declined in August — visitation fell 5.4% year-on-year and remained 17.5% below August 2019 levels. July’s sharp 10.1% drop is considered an outlier rather than a sustained […]
Poor relationships: The real cause of growing disability disputes? Summary More employees are being classified as having a disability — conditions such as stress, anxiety, depression, menopause and ADHD are increasingly recognised, and those classifications are driving a rise in workplace discrimination claims. Acas data shows disability-related disputes rose by 31% in the past year, […]
Italy fights against black market with “cybersecurity shield” Summary Italy’s Ministry of Economy and Finance (MEF) is preparing a new measure in the forthcoming Budget Law to tackle illegal gambling by introducing a “cybersecurity shield” that will block connections to unauthorised gambling domains on devices providing public internet access. Businesses that offer public Wi‑Fi or […]
Half a million Danes experience problem gambling states Minister Summary Denmark’s Minister of Taxation, Rasmus Stoklund, has warned that around 500,000 Danes have some degree of gambling problems and that gambling has become part of everyday life — including children gambling during school hours. Stoklund has urged parliamentary talks to review the regulatory framework, focusing […]
Congress Renews Push To Scrap Sports Betting Excise Tax Summary Two senators, Catherine Cortez Masto (D‑NV) and Cindy Hyde‑Smith (R‑MS), have reintroduced the Withdrawing Arduous Gaming Excise Rates Act to repeal the federal excise tax on sports betting handle (0.25%) and the $50 annual per‑employee fee. The tax, dating to 1951, was designed to combat […]
Wall Street Bets: Prediction markets, Las Vegas Strip, Light & Wonder, Caesars Summary This roundup captures recent analyst notes across the gambling sector. JP Morgan and Jefferies weigh in on the growing debate over prediction markets and the legal/regulatory noise around Kalshi. Truist reports a soft Las Vegas summer with signs of modest improvement heading […]
Las Vegas: Golden Gate Hotel & Casino to install Interblock’s electronic table games Summary The Golden Gate Hotel & Casino in downtown Las Vegas has struck an exclusive deal with Interblock to convert its table games pit into the first downtown area powered entirely by electronic table games (ETGs). The new ETG zone will showcase […]
Virginia HHR revenue jumps in August Summary J.P. Morgan analyst Daniel Politzer reports Virginia historical horse racing (HHR) revenue rose notably in August. Same-store HHR winnings increased about 10% year‑on‑year, while figures that include Churchill Downs’s new The Rose and the recently closed Little Rose show a 36% jump versus August 2024. Overall statewide HHR […]
Tribal executives discuss limited cashless gaming adoptions to date Summary Two tribal gaming executives — Colton Barlow of Viejas Casino & Resort and Lon O’Donnell of Grand Casinos Minnesota — discussed why cashless gaming has seen limited uptake across Indian Country. Presenting at TribalNet in Reno, they outlined practical hurdles: regulatory uncertainty, operational changes, customer […]
