Wire NORTH AMERICA
Governor Breaks Ground on Walker’s Bluff
Gov. Pritzker and State Sen. Dale Fowler took part in a ceremony to celebrate the beginning of construction on a new US$147m casino resort in Cartersville, Illinois.
Te Walker’s Bluff Casino Resort will feature 650 slot machines and 14 table games and an energetic show lounge featuring local and regional acts.
ILLINOIS LAND-BASED
US - Spintec grows presence in US market Spintec and Dynamic Gaming Solutions are proud to confirm that they have signed an exclusive agreement for the distribution of Spintec products in the United States. This represents a significant upgrade to their long-term cooperation and marks a milestone of growth for Spintec’s presence in the US.
The exclusivity agreement promises a steady partnership for both companies, where Spintec is guaranteed a committed and growth-oriented partner in one of the most important markets in the world, while Dynamic Gaming benefits from the primary access to the superior quality and support Spintec offers to its partners.
Goran Sovilj, Managing Director at Spintec Nederland B.V., said: “Spintec’s presence in the USA is of crucial importance to our company. We need a partner that is as devoted to growth and their clients as we are devoted to innovation and superior quality. We have found a match in Dynamic Gaming and we are very excited about this cooperation.”
Canada - AGLC welcome retail sports proposals Alberta Gaming, Liquor & Cannabis is welcoming bids from prospective vendors that wish to enter the province’s sports betting market. Interested parties can apply through Alberta Purchasing Connection.
AGLC is working towards retail and online sports betting options with mobile extensions, to be established in 2022. As a first step in this process, AGLC is seeking two proponents to provide some flexibility and options in the first phase, and will consider additional opportunities as the market continues to develop.
“Continuing this work is an important step in offering consumers convenience and choice in their gambling entertainment options,” said Kandice Machado, President and Chief Executive Officer, AGLC.
New Jersey - PILOT tax relief plan for casinos The New Jersey Legislature has approved a new casino PILOT bill, to provide tax relief to Atlantic City’s casinos and help them recover from the pandemic. With the amendments, the variable payment starts at $110m in 2022 and can range between $100 and $120m based on gaming revenue amounts generated at the casino properties (not including internet revenue).
S4007 proposes a new $5m fixed payment to be paid directly to Atlantic City that is divided among the casinos. This additional payment is not included for 2024-2026 under the current PILOT law. Internet gaming is already taxed at 15 per cent (in addition to the 2.5 per cent tax that goes to the city), and that money goes to the Casino Revenue Fund which supports benefit programmes.
P20 WIRE / PULSE / INSIGHT / REPORTS
Gov. Pritzker and State Sen. Dale Fowler joined Walker’s Bluff Winery owner, Cynde Bunch, and Elite Casino Resorts CEO, Dan Kehl, in a ceremony to celebrate the beginning of construction on a new $147m casino resort investment, located near the Walker’s Bluff Winery in Cartersville, Illinois.
“I was proud to work with the General Assembly to expand gaming and bring jobs and economic opportunity to Southern Illinois. Walker’s Bluff was already a popular attraction, bringing in tourists and business meetings from across the region. Now with the addition of hundreds of slot machines and game tables, and an on-site hotel, this expansion will bring in even more visitors to take advantage of the beauty and hospitality of Southern Illinois,” said Governor JB Pritzker. “Tat also means more opportunity for working families across the region – creating 1,100 construction jobs and 330 permanent roles at the resort.”
Cynde Bunch has been advocating for this economic boost for nearly a decade. Bunch said, “It’s been an effort this community has embraced. We are so excited to get started. We plan to employ 1,000 people to build this beautiful resort complex that will be loaded with amenities.”
Bunch said that more than 80 per cent of the construction jobs will be filled by southern
Horseshoe Casino Baltimore opens Caesars Sportsbook
Maryland
Horseshoe Casino Baltimore, part of Caesars Entertainment, hosted Maryland Governor Larry Hogan and Baltimore Mayor Brandon Scott, for the unveiling of its Caesars Sportsbook.
“Today marks the culmination of more than a year of effort to get sports betting up and running here in the State of Maryland,” said Governor Hogan. “In addition to allowing Marylanders to bet on the NFL, March Madness, and more, sports betting will also help to keep more dollars in-state and will provide another critical revenue source for public
Illinois residents and the casino will look for local vendors and suppliers whenever possible. “It’s just good business sense to buy local,” said Bunch.
Te Walker’s Bluff Casino Resort will feature 650 slot machines and 14 table games and an energetic show lounge featuring local and regional acts. Amenities include a 116-room hotel with full-service salon and spa.
Tere will be multiple food outlets including the Draft Day with ELITE Sportsbook and Ruthie’s Steak & Seafood restaurant. Additionally, an event centre will bring headline acts, corporate meetings, and social events to the property. Once open, the resort will employ nearly 400 people.
Elite Casino Resorts holds majority ownership in the casino resort, which it will operate and manage. Cynde and Dave Bunch will hold a minority ownership. Dan Kehl added: “We specialise in bringing world-class properties to markets similar to this one. We are a family-run business, rooted in the values of our founders, Robert and Ruth Kehl of Dubuque Iowa. We are committed to providing first class guest service, great food and entertainment while treating our employees like our family.”
Construction is expected to take 14 months with a grand opening planned for early 2023.
education without raising taxes on families and small businesses.”
Te new Caesars Sportsbook at Horseshoe Baltimore is a critical element in the transformation of the casino’s first level into a highly immersive entertainment environment.
Te renovation will feature a reconfigured area for table games and Te Brew Brothers Tap House, a dining concept not available anywhere else in Maryland.
In addition to placing wagers at Caesars Sportsbook’s main ticket counter located on the casino’s first level, sports fans can enjoy a betting experience using 14 self-service betting kiosks located throughout the casino.
Ohio
Ohio’s Senate and House have both passed the HB 29 sports betting legislation with a start date of January 1, 2023 earmarked for its launch. Several key changes were made to House Bill 29 before it passed through the Ohio Legislature. Casinos and racinos will lead the charge along with sports teams and leagues who will all be able to launch one online offering or skin each with a chance to operate a second, if the licensee can prove it will bring tax revenue to the state. Te first skin would cost $3m with the second pitched at $10m.
A limit has been set on 25 skins with mobile and retail betting licences lasting for five years instead of three years. Sports betting revenue will be taxed at 10 per cent.
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