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Gambling in the USA

New Mexico doing little to fight gambling addiction

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New Mexico doing little to fight gambling addiction
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State government is the big winner when it comes to gambling in New Mexico. It raked in more than $156 million in the last budget year from the New Mexico Lottery, horse racing and slot machines at tribal casinos, racetracks, and veterans and fraternal clubs.

But when it comes to preventing and treating problem gambling — one of the aftershocks of widespread wagering in New Mexico — the Legislature and governor have been unwilling to put much money on the table.

In the last budget year, which ended June 30, the state earmarked just $70,250 to specifically address problem gambling. All that money came from the lottery and went to the nonprofit New Mexico Council on Problem Gambling, which operates a telephone hotline and provides free counseling.

The $70,250 amounted to a fraction of 1 percent of the money the state took in last budget year in lottery profits, revenue sharing from tribal casinos and gambling taxes. By comparison, gaming tribes and racetracks were required to spend $2.3 million to combat problem gambling in the last budget year.

Meanwhile, the state Compulsive Gambling Council, created by law in 2006 and attached to the New Mexico Department of Health, hasn’t met for at least seven years despite a legal requirement that it meet regularly.

The council, made up of appointees of the governor, is responsible for implementing a state plan for preventing and treating problem gambling. The council and the Health Department also are supposed to educate seniors on problem gambling and to collect data on gambling-related suicides, bankruptcies and domestic violence.

The stakes are high when it comes to problem gambling.

The last major study of gamblers in New Mexico, in 2006, estimated as many as 29,000 men and women had gambling problems and tens of thousands of more were at risk of developing problems. Suicides and thefts of millions of dollars have been linked to problem gambling in New Mexico since the dramatic expansion of gambling in the state in the 1990s. In one of the most noted cases, Dianna Duran resigned as secretary of state in 2015 and pleaded guilty to charges that she used campaign donations to feed a gambling habit.

Disordered gambling,” the most serious form of problem gambling, is recognized as a mental health condition and addiction by the American Psychiatric Association.

Guy Clark, chairman of Stop Predatory Gambling New Mexico, said the state government’s efforts to combat problem gambling are “pathetic and shameful” and a “major failure.”

No one in the government seems to want to do anything about it,” Clark said. “Could it be that the government receives over a $100 million a year … doesn’t want to bite the hand that feeds it?

Paul Rhien, a Health Department spokesman, said in an email that the Compulsive Gambling Council, which hasn’t met since Republican Gov. Susana Martinez took office in 2011, “appears to be just another legislative unfunded mandate.” He didn’t respond when asked in an email whether Martinez had ever sought funding for the council.

State Senate Finance Committee Chairman John Arthur Smith, D-Deming, said Martinez could fund the council out of the budget of the Health Department.

I don’t think she needs specific money on that,” he said.

Under state law, appointees to the Compulsive Gambling Council aren’t paid for their work on the panel and also don’t receive reimbursement for travel expenses. The Health Department secretary or the secretary’s designee is supposed to chair the council. Other members include representatives of the gaming industry, experts in compulsive gambling and behavioral health professionals.

The Health Department budget totaled more than $550 million in the last fiscal year. While the department budget didn’t include money specifically targeted for problem gambling, it included funds to fight tobacco and alcohol use, obesity, cancer, opioid overdoses, HIV/AIDS infection and more public health concerns.

The Compulsive Gambling Council last met under Martinez’s predecessor, Democrat Bill Richardson.

In a 2009 report, the council made several recommendations to Richardson, including creation and funding of a state Office of Problem Gambling, a new tax on nontribal gambling to pay for problem gambling initiatives, a new study on problem gambling, prevention programs targeted at youth and seniors, and more funding for treatment programs.

While the large majority of citizens will never encounter a problem with gambling, those who do generate a ripple effect of disastrous consequences in their families and communities,” the council said in the report.

None of the council’s recommendations have been adopted by state government.

However, under this administration, the state has a number of initiatives designed to combat problem gambling in New Mexico,” said Rhien, the Health Department spokesman.

The spokesman cited a requirement that gaming tribes spend one-quarter of 1 percent of their slot machine winnings on problem gambling programs. The requirement is in compacts signed by Martinez and gaming tribes, but the requirement also was part of the previous state-tribal gaming compacts.

Rhien also cited a provision in the compacts that requires tribes to create programs that allow gamblers to voluntarily exclude themselves from casinos. Prior to the current compacts, only racetracks were required to have self-exclusion programs for gamblers.

Clark, of Stop Predatory Gambling New Mexico, said Martinez should re-establish the Compulsive Gambling Council to help in the prevention and treatment of problem gambling.

We know that we have thousands of people afflicted,” he said.

Smith, who as a senator played a pivotal role in the expansion of gambling in New Mexico, said efforts to combat problem gambling have slid over the years to the back burner of state government and that the efforts today don’t reflect the seriousness of the issue.

The problem is much larger than anybody wants to talk about,” Smith said, adding he needs to start asking more questions and hold hearings on government’s response to problem gambling.

 

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Gambling in the USA

Gaming Americas Weekly Roundup – November 11-17

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Welcome to our weekly roundup of American gambling news again! Here, we are going through the weekly highlights of the American gambling industry which include the latest news and new partnerships. Read on and get updated.

Latest News

Golden Entertainment Inc. reported financial results for the third quarter ended September 30. The Company reported third quarter revenue of $161.2 million, net income of $5.2 million and Adjusted EBITDA of $34.0 million. In addition, on November 5, the Company’s Board of Directors authorised the Company’s recurring quarterly cash dividend of $0.25 per share of the Company’s outstanding common stock payable on January 7, 2025 to shareholders of record as of December 20, 2024.

Snoqualmie Casino has announced its rebranding to Snoqualmie Casino & Hotel, reflecting an exciting new chapter in the venue’s history as it embarks on a much-anticipated expansion. Set for completion in mid-2025, this project promises to elevate the guest experience, making Snoqualmie Casino & Hotel a premier destination for entertainment, relaxation and culinary excellence. The cornerstone of the expansion is the construction of a luxurious hotel, which will offer guests unparalleled comfort and stunning views of the Snoqualmie Valley and Mount Si.

Galaxy Gaming Inc., the world’s largest independent developer and distributor of casino table games and technology announced, at a special meeting of its stockholders held on November 12, 2024 (the Special Meeting), Galaxy Gaming stockholders voted to approve the Company’s acquisition by Evolution Malta Holding Limited (Evolution), Evolution AB (publ)’s wholly owned subsidiary. Galaxy Gaming will file a Form 8-K with the U.S. Securities and Exchange Commission reporting the final voting results of the Special Meeting.

Caesars Virginia has announced that its highly anticipated opening date will be Thursday, Dec. 12, 2024. The resort will welcome its first guests beginning at noon. Additional details on the opening festivities will be announced at a later date. Caesars Virginia is a 587,000 square foot casino resort with more than 90,000 square feet of gaming space.

Partnerships

NGX has entered into a strategic partnership with Sportradar, a global leader in sports integrity solutions, which collaborates with more than 180 sports federations and leagues. The agreement aims to support the Brazilian football federations of Rio Grande do Sul, Paraná and Pará, providing detailed reports to ensure the integrity of sporting events and combat fraud.

EvenBet Gaming has announced the launch of its advanced poker solutions in partnership with JugaMax, one of the largest and most respected casino operators in Paraguay. This strategic collaboration marks EvenBet’s debut in the Paraguayan iGaming market, solidifying the company’s expansion within Latin America. The newly established partnership enables the integration of EvenBet Gaming’s poker offering on the JugaMax platform.

Jackpocket, the leading lottery app in the US, and Barstool Sports announced a new collaboration naming Jackpocket as the “Exclusive & Official Digital Lottery Partner of Barstool Sports”. The deal with Barstool follows Jackpocket’s parent company, DraftKings, announcing a similar agreement with the media company in February 2024. This collaboration centers around the integration of Jackpocket in Barstool’s content. Fans can participate in the lottery alongside some of Barstool’s biggest names such as Dave Portnoy, Big Cat & PFT from Pardon My Take – the leading sports podcast in America, Wallo & Gillie from Million Dollaz Worth of Game and more.

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Gambling in the USA

Gaming Americas Weekly Roundup – November 4-10

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Welcome to our weekly roundup of American gambling news again! Here, we are going through the weekly highlights of the American gambling industry which include the latest news and new partnerships. Read on and get updated.

Latest News

PENN Entertainment and ESPN announced that account linking between ESPN BET and ESPN is now available for customers, creating an even more deeply integrated media and betting experience. By linking accounts, fans now have the ability to seamlessly track upcoming, live and settled bets within the ESPN app and on ESPN.com. With this product enhancement, ESPN BET will soon bring fans more personalised bets and timely promotions based on their favourite sports, teams, players and fantasy rosters.

Accel Entertainment Inc. has announced that it has completed the acquisition of 85% of the ownership interests of Toucan Gaming LLC and LSM Gaming LLC, two Louisiana-based route operators and owners of multiple licensed video poker establishments (collectively, “Toucan”), for approximately $40 million. The combined business will operate as Toucan Gaming throughout Louisiana and will be led by Stan Guidroz, an industry-leading gaming executive and current CEO of Toucan Gaming. Mr. Guidroz owns the remaining 15% of Toucan’s ownership interests and will lead the Accel team supporting Toucan’s continued growth.

INTRALOT S.A. has announced the undertaking of a new project between the British Columbia Lottery Corporation (BCLC), the sole lottery operator for the Government of British Columbia in Canada, and INTRALOT, its US subsidiary, for the provision of an online lottery platform. The project also includes the digitalisation of the existing land-based network. The solution will be based on the Player X platform, part of the Lotos X ecosystem, and adds to the company’s overall partnership with BCLC, which has been extended until 2028.

BetMGM Poker has become the third US operator to offer multi-state online poker. The company has merged its player pools in Michigan and New Jersey. Both states are a part of the Multi-State Internet Gaming Agreement, which allows online poker networks to share liquidity and players in participating markets. The two-state network went live Wednesday afternoon after morning maintenance.

Betsson Group has celebrated its success at the SBC Awards Latinoamérica 2024, winning two prestigious awards: Sportsbook Operator of the Year and Leader of the Year, which was awarded to Kevin Saliba, Commercial Director (Business Development) for Latin America. This marks the second consecutive year Betsson has earned the Leader of the Year accolade, following Andrea Rossi’s win in 2023 – an achievement that underscores Betsson’s consistent leadership in the region.

Partnerships

Play’n GO has announced a new operator partnership with renowned gaming brand Hard Rock Digital for their top-rated Hard Rock Bet online casino platform in New Jersey. The Hard Rock brand is synonymous with entertainment worldwide, and this partnership will see Hard Rock Bet players in New Jersey gain access to hit Play’n GO titles such as Piggy Blitz, Book of Dead and Rise of Olympus 100.

SCCG Management, a global leader in gaming innovation and advisory, has announced a strategic partnership with Chata.AI, a technology provider specialising in self-service, proactive analytics that enables businesses to access real-time insights without requiring extensive technical expertise. This partnership introduces Chata.AI’s technology to the gaming industry, providing operators with powerful tools to streamline decision-making and increase operational efficiency.

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Gambling in the USA

Gaming Americas Weekly Roundup – October 28-November 3

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Welcome to our weekly roundup of American gambling news again! Here, we are going through the weekly highlights of the American gambling industry which include the latest news and new partnerships. Read on and get updated.

Latest News

Elray Resources Inc. has announced a significant milestone in the company’s growth strategy. The company has completed the sale of proprietary technology to 180 Life Sciences Corp. (NASDAQ:ATNF), a NASDAQ-listed company in exchange for preferred stock convertible into a 40% stake in ATNF and warrants to purchase 3 million shares of ATNF common stock, the conversion/exercise of which is subject to stockholder approval. The technology stack contained within Elray’s technology package will assist ATNF in launching an iGaming Blockchain casino.

PrizePicks, the largest daily fantasy sports operator in North America, has announced that it has been awarded Daily Fantasy Sports Operator Licenses in Delaware and Missouri. The company will launch Arena, its innovative peer-to-peer fantasy sports contest, in both states. With these new state launches, Arena will now be available in 15 states across the US.

The Pennsylvania Gaming Control Board (Board) unanimously voted to renew the Category 2 stand-alone casino license of Wind Creek Bethlehem LLC, operator of Wind Creek Bethlehem casino in Northampton County. In making the decision, the Board determined that Wind Creek Bethlehem LLC had fulfilled the obligations under its previously approved casino operator’s license and therefore qualified to have its license renewed for an additional five-year period.

Aristocrat announced that the company was the first international slot and online technology company to be granted a Gaming-Related Vendor license by The General Commercial Gaming Regulatory Authority (GCGRA), the federal entity overseeing commercial gaming activities in the United Arab Emirates (UAE). This announcement grants Aristocrat the ability to provide the company’s land-based electronic gaming machines (EGMs) and online games and technology solutions to commercial gaming operators licensed by the GCGRA.

Partnerships

SCCG Management, a leading global advisory and consulting firm in the gambling industry, has entered into a strategic partnership with Slot Machines Unlimited, a premier provider of refurbished slot machines and gaming equipment. The partnership between SCCG Management and Slot Machines Unlimited leverages both companies’ strengths: Slot Machines Unlimited’s expertise in refurbished gaming equipment and SCCG’s deep industry insight, global network and strategic growth capabilities. The collaboration will enhance Slot Machines Unlimited’s international sales and service operations, ensuring gaming establishments worldwide have access to high-quality slot machines and support.

Galaxy Gaming Inc. has announced that the Galaxy Operating System (GOS) is now live on over 50 ships worldwide with Carnival Corporation & PLC, the world’s largest leisure travel company. Since the installation, tables powered by GOS have awarded over $5 million in jackpot payouts to players. GOS is the jackpot progressive system for all Carnival Corporation ships, including Carnival Cruise Line, Holland America Line and Princess Cruises. Launched in 2024, GOS is the next-generation game management system developed by the industry’s leading table game experts.

The hottest new game from Aristocrat Gaming, Phoenix Link, is now live on casino floors, with Yaamava’ Resort & Casino being the first in North America to offer the highly-anticipated game. As the next evolution of the international hit game, Dragon Link, Phoenix Link features player-favourite mechanics from top games with all-new themes, features and bonuses.

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