Industry Headlines

By Sadonna Price

Mississippi Lawmakers Considering Coastal Casino Rule Revision

February 26, 2024

Summary: A project by RW Development has spurred the legislation. The company has secured a site near the waterfront. . SB 2780 would clarify how the Public Trust Tidelands are treated. . In Mississippi, players can access a nice selection of casino locations, most dotted along the coastline. New gaming options pop up from time […]

By Sadonna Price

Churchill Downs To Open The Rose Gaming Resort in September

February 23, 2024

Summary: The Rose Gaming Resort will include 1,650 historical racing machines. The number is a big increase from the original 500 machines. The venue will open in September 2024. The Town of Dumfries, Virginia, is set to receive a brand-new gaming venue this September. Churchill Downs was approved to open Phase One of a new […]

By Sadonna Price

US Commercial Gaming Industry Sets New Revenue Record

February 22, 2024

Summary: A total of $66.52 billion was earned in 2023. The amount is a 10% increase from last year. The industry enjoyed single-quarter and single-month records. The 2023 revenue totals are in, and the United States has experienced yet another record-setting year. The American Gaming Association has released the data it compiled from last year […]

By Sadonna Price

IRSAC Shows Support for US Slot Jackpot Tax Report Change

February 20, 2024

Summary: The tax threshold would go from $1,200 to $5,000 for reporting. Two Representatives are behind the Shifting Limits on Thresholds Act. The IRSAC has suggested a higher threshold of $5,800. The Internal Revenue Service Advisory Council (IRSAC) not only supports the Shifting Limits on Thresholds (SLOT) Act introduced by United States Representatives Guy Reschenthaler […]

By Sadonna Price

Queens Casino Employees Speak Out Against Online Gambling Bill

February 19, 2024

Summary The employees feel their jobs are at risk due to iGaming. Casino workers feel players won’t visit anymore. Senator Addabbo says he does not seek to harm his constituents. New York Senator Joe Addabbo has favored online gambling for years, having pushed for legislation in several states. This year, Addabbo is fighting yet again […]

By Sadonna Price

New Jersey Senator Introduces Slot Legislation for Racetracks

February 16, 2024

Summary: SCR14 would create an Atlantic City casino consortium to run the games. The tax rate is set at a high 50% on the new games. Larger casinos would receive a higher cut of the profits. New Jersey Senator Joe Pennacchio is back again with a bill to bring slots to the state’s horse racetracks. […]

By Sadonna Price

Record Low Monthly Revenue for Detroit Casinos This January

February 14, 2024

Summary: Casinos earned just over $93 million. The decrease was more than 9% from last year. The revenues are the lowest earned since 2005. Casino revenues dropped around 9.1% for the month, much lower than the $103.4 million earned in 2023. This is the lowest monthly total the Detroit area has seen since June 2005, […]

By Sadonna Price

Met’s Owner Adds $8bn to Community Investment in Casino Proposal

February 9, 2024

Summary: Cohen has teamed up with Hard Rock International. A casino project would be located in Flushing Meadows Corona Park. The $8 billion would include 25 acres of open public space at the park and community investment. With so many proposals on the table regarding a New York City casino license, operators must add incentives […]

By Sadonna Price

New Gambling Legislation Introduced by Alabama House

February 8, 2024

Summary: The bills would be major changes to the gambling landscape. The measures would need support to push past the more conservative lawmakers. Casinos would be authorized in areas with bingo-style gaming. This year seems to be the year that every state is trying to make changes to its gambling legislation. We have seen states […]

By Sadonna Price

Senator Kouchi Introduces Online Gambling Bill in Hawaii

February 2, 2024

Summary: Revenues would go towards the wildfire relief fund. A Hawaii Gaming Control Commission would be created. The tax framework seeks to also deal with illegal gambling activity. Hawaii may be a conservative state regarding gambling, but that hasn’t stopped one senator from trying to introduce legislation. This week, Senator Ronald D. Kouchi announced Senate […]