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China’s Restrictions on Macau Visas is Hurting Gaming Revenue

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11 December

China’s Restrictions on Macau Visas is Hurting Gaming Revenue

By Liev Jackson Blog • No Comments

Implementation of visa restrictions is limiting gamblers’ visits to Macau this month, and that’s crimping monthly gross gaming revenue (GGR), say some analysts. A clampdown by China on Macau visas…

11 December

Penn National Gaming Draws Bullish Commentary From Analyst Greff

By Liev Jackson Blog • No Comments

Up almost 14 percent since the start of the fourth quarter, Penn National Gaming (NASDAQ:PENN) is proving resurgent among regional gaming equities, a theme some analysts believe could be durable….

11 December

Steve Wynn Lawyers Argue No Gaming License to ‘Surrender’

By Liev Jackson Blog • No Comments

Attorneys representing Steve Wynn are adding on to their opinion that the Nevada Gaming Control Board (NGCB) has no jurisdiction to penalize their client, as the billionaire is no longer…

11 December

Two Missouri Sports Betting Bills Would Allocate Royalties for Pro Leagues

By Liev Jackson Blog • No Comments

Two Missouri sports betting bills have been prefiled ahead of the 2020 legislative session, and both measures include royalties for professional leagues. Betting on the Kansas City Chiefs could deliver…

11 December

Multi-State Lottery Association Pays $1.5M Over Rigged Hot Lotto

By Liev Jackson Blog • No Comments

The Multi-State Lottery Association (MUSL) has disclosed it paid $1.5 million to settle a lawsuit brought by a Hot Lotto jackpot winner who claimed he should have won much more….

11 December

House Democrats Unveil Impeachment Charges, Betting Markets Hit Highs

By Liev Jackson Blog • No Comments

Two articles of impeachment – abuse of power and obstruction of Congress – were brought forward by House Democrats on Tuesday. That’s spurring online political betting markets on President Donald…

11 December

Commercial Casinos would Come to Oklahoma ‘Tomorrow’: Gov. Stitt

By Liev Jackson Blog • No Comments

Oklahoma Governor Kevin Stitt says he would be prepared to open the state’s gaming market to private commercial casino companies — and he believes they would jump at the chance….

11 December

Casinos to Watch Out for ‘Mules’ Bearing Bank Drafts

By Liev Jackson Blog • No Comments

Casino money launderers have changed their methods in Canada, where the media’s spotlight on British Columbia’s dirty-cash scandal has forced criminals to adopt new strategies. Cash used to be brought…

11 December

Indiana Sportsbooks Handled $147.3M in Bets for November

By Liev Jackson Blog • No Comments

Sports betting in Indiana continues its meteoric rise as the state’s sportsbooks reported a handle of $147.3 million in November. That’s according to figures released Tuesday by the Indiana Gaming…

11 December

Oddsmakers Make Yankees 2020 World Series Favorite After Cole Deal

By Liev Jackson Blog • No Comments

As reports surfaced regarding ace pitcher Gerrit Cole’s record nine-year deal with the New York Yankees, sportsbooks wasted little time in updating their odds for the 2020 World Series. Gerrit…

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