News September 2024
Pennsylvania casinos accused of greed Operator News
With Pennsylvania casinos beginning to pull out slot machines due to what it deems as ‘unregulated competition’ from skill-based slot machines, Pennsylvania Skill, powered by Pace-O-Matic, has gone in hard on the success of the casino sector. In a statement ‘congratulating’ the Pennsylvania Gaming Control Board (PGCB) and casinos operating in the state for a 7.22 per cent increase in revenue during July 2024 over July 2023, Mike Barley, spokesman for Pennsylvania Skill, said: “We again applaud the casino industry as it continues to break revenue records. Tese numbers prove once again that skill games are not a threat to casino profits. “Sadly, $500.8m a month in revenue is not
enough to satisfy the greedy owners of the casino industry. Instead, they spend their time and money fabricating untrue accusations about skill
Tabcorp issued hefty fine Operator News
Tabcorp has been issued a substantial financial penalty and directed to transform its operations after extensive investigations by the Victorian Gambling and Casino Control Commission into several instances of non-compliance with its regulatory obligations. Te Commission’s findings included instances where Tabcorp sent direct marketing material to
Sports Betting MGM eyes Brazil licence
MGM Resorts has formed a new venture in partnership with Grupo Globo, Latin America's largest media group, to seek a sports betting and iGaming license in Brazil. If its licence is approved later this year, the new venture will launch in Brazil in early 2025 under the BetMGM brand. Te new venture will align MGM Resorts' gaming expertise and LeoVegas technology with Grupo Globo's consumer knowledge in Brazil and reach of around 70 million people.
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games and trying to harm small business owners, veterans and volunteer organisations who count on legal skill games for critical revenue.” Mr. Barley claimed the battle against skill games
has more to do with casino owners wanting to increase the money in their pockets than anything related to skill games. “Casinos recently filed a lawsuit with the state Supreme Court wanting to stop paying taxes to the
a customer six times between October 2022 and February 2023, despite the customer having opted out of receiving promotional materials. On one occasion, a Tabcorp account manager placed a ‘Responsible Gambling Call’ to the customer, whose betting patterns had been flagged as potentially concerning by Tabcorp’s monitoring systems. Te call ended with the Tabcorp account manager communicating that a deposit match promotion of $2000 would be allocated to the customer’s account.
M&A evoke invests in Romania
evoke, whose brands include William Hill, 888 and Mr Green, has bought New Gambling Solutions, which operates
Winner.ro, the number seven online betting and gaming operator in Romania. evoke will inject its Romania business plus a cash consideration of €10m in exchange for a 51 per cent share in the enlarged Romania business, which will bring together
888.ro with Winner to create the number four group in the market.
Sports Betting IGT-Monarch agreement
International Game Technology has expanded its sports betting footprint in Nevada and Colorado after penning a technology and services agreement with Monarch Casino & Resort. IGT PlaySports’ platform and trading advisory services are now powering retail and mobile sports betting at Atlantis Casino Resort Spa in Reno, Nev. and Monarch Casino Resort Spa in Black Hawk, Colo., alongside the launch of two new apps.
$50m expansion at Point Place Casino Tribal Gaming
Te Oneida Indian Nation has held a groundbreaking event at Point Place Casino to kick off a major $50m expansion at the property. Te expansion of Point Place Casino will include doubling the size of the existing gaming floor, a new multi-story hotel with 100 rooms, a new restaurant, a new Perfect Pour Cafe satellite location in the hotel’s lobby, an event space and an update for the Fireside Lounge. Te Oneida Indian Nation has made continuous
investments in Point Place Casino since its opening in 2018, including two expansions of its gaming floor, the introduction of a sportsbook and the creation of the Perfect Pour Cafe. Te Nation’s investments throughout the region include the creation of a new Play On slot parlour at the Verona Crossroads retail plaza and the largest evolution of Turning Stone Resort Casino.
state. Tese same casinos have a fundamental belief that every business that offers an entertainment product — be that a movie theatre, bowling alley, lottery ticket, bingo hall, miniature golf, theme park, etc. — is competition for dollars they believe belong to them. It’s a deeply troubling philosophy that is at the centre and drives the policy agenda of the commercial gambling industry."
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