By Sadonna Price 2% Property Tax Reduction Proposed To Voters for Casino Approval January 25, 2022 Richmond Mayor and City Council members are hopeful that a 2% real estate tax rate reduction will get voters to approve a casino for the capital city. Voters rejected the One Casino project plans last November. The tax cut will not come into play until voters approve the casino via a second referendum. Out of […]
By Sadonna Price Problem Gambling Heats Up As CT Face Calls To Assess iGaming January 24, 2022 Summary Problem gambling funds along with other issues will be covered during the hearing. Currently, taxes paid to the state do not contribute to problem gambling programs. Hotline calls have increased since online gambling went live late last year. Gambling has been prevalent for many years in Connecticut thanks to the casinos operated by the […]
By Sadonna Price PGCB Bans Parents for Leaving Children Alone to Gamble January 20, 2022 Summary The individuals have been placed on the state’s Involuntary Exclusion List. The involved parents can no longer enter a casino to gamble in the state. The children that were left along range in age from 1 to 11. For some odd reason, Pennsylvania has become a state where some gamblers want to play so […]
By Sadonna Price New York Gov. Adds New Casinos to Budget Proposal January 19, 2022 Summary Applications would likely focus on the downstate area. The budget equals $216.3 billion with some of the amount set to come from new casino licensing fees. As much as $1 billion to $2 billion in new revenues, along with more jobs and income tax revenue are expected. After a huge push from lawmakers and […]
By Sadonna Price Iowa Socioeconomic Study Shows Casinos Create Relatively Safe Environments January 18, 2022 Summary Study shows casinos to bring heavy crime to the community Non-violent crime like robbery and theft increases due to the money aspect. The community does not become unsafe due to a casino addition. The Iowa Racing and Gaming Commission recently had a study conducted regarding crime and its connection to casino communities. In general, […]
By Sadonna Price Mississippi Casino Employees Asked to Repay State Unemployment Benefits during COVID January 17, 2022 Staff members filed for unemployment in early 2020 after the pandemic shut down all coast casinos. Employees have now received letters from the state saying that a portion of benefits must be paid back due to fraudulent behavior. Employees claim they used the information available to them at the time to file, which excluded tips. […]
By Sadonna Price HRC Northern Indiana Hits Record Revenue Highs Once Again January 14, 2022 Hard Rock generated over $32 million for the month. Earnings were a 5.7% increase from the previous month. Hard Rock continues to dominate the market surpassing former leader, the Horseshoe. It seems nothing can stop the Hard Rock Casino Northern Indiana from being successful. The brand continues to dominate in Indiana, hitting a new revenue […]
By Mihajlo Ivanovic Are Boston Encore Casino Expansion Plans On Hold? January 13, 2022 Summary Wynn Resorts announces expansion plans in Boston in December 2021 Expansion plans across Boston Encore casino now put on hold Management team considering modification of proposed plans Wynn Resorts seems to be reconsidering its development plans for the land across its Encore Boston Harbor Casino. Located in Everett, it is a major attraction and […]
By Sadonna Price Maryland Sees $16m In Bets Placed For First Month of Sports Betting January 11, 2022 Summary Live! Casino & Hotel Maryland earned the most with over $7m in bets placed. Rocky Gap is the only casino in the state that does not offer sports betting services. Record revenues were earned thanks to sports betting, slots, and table games combined. December was the first month of sports betting in Maryland and […]
By Sadonna Price Casino Proponents Say Now Is the Time to Start in NYC January 10, 2022 Summary Up to three casino licenses can be provided. The push comes just after the State Gaming Commission allowed mobile sports betting to launch. The casino expansion could provide thousands of jobs for New Yorkers who have suffered from loss of employee due to the COVID-19 pandemic. Now that mobile sports betting has launched in […]
