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Gambling in the USA

Juniper Research estimates that online bets would surge to $700B

Athira A

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The latest Juniper Research data reveals that when an escalated taking up of digital products go hand in hand with favourable online gambling regulation would prompt a considerable hike in the number of digital wagers in 2018. The Juniper’s Mobile & Online Gambling: Casinos, Lotteries, Betting & VR 2018-2022 affirms that there will be a huge leap in the total online wagers at least by 11.4 percent to $700 billion this year than just over $620 billion last year.

As per the findings of Gambling analysts the casino vertical will stay at the forefront of driving online wagers this year. Juniper forecasts that by 2022 when the global online gambling wagers reach a total of $1 trillion the number of online gambling users would double to 684 million.

According to the news outlet, Analyst Lauren Foye, said:  “We believe new channels, such as chatbots, have the potential to drive customer engagement, through the delivery of personalised offers, alongside 24/7 player support.”

In making its conclusions, Juniper accounted for the raft of global legislative changes such as the recent poker ban in Australia and significant disruption from social offerings.

Juniper portrays a rosy picture for online gambling, as they believe that new opportunities will emerge across the globe. It cited the North American market as ripe for future growth after seeing a number of U.S. states taking initiatives to legalize online gambling.

In October 2017, Pennsylvania authorised online casino and poker sites, daily fantasy sports, online lottery sales, mobile gambling at airports after legislators approved a sweeping expansion of gambling.

Pennsylvania joins Delaware, Nevada and New Jersey as the only U.S. states that currently permit some form of non-lottery online gambling.

Meanwhile, Juniper hailed LetsBet as one of the innovative start-ups that will shake up the current status quo in the online gambling market. It also expressed confidence that “providers in the online gambling industry, particularly in the casino space, will increasingly offer engaging products to drive user adoption and player spend.”

Athira is a self-described “logophile” – a lover of words. She loves updating her vocabulary and playing around with words, to frame a sensible world of letters. Letters come alive when they become words and when words become sentences. And that’s her job, to put them together in a meaningful way without loosing its essence.

She has written content for websites, articles and poems for an international magazine, and press releases as well. She also loves writing on social media.

She holds a Masters degree in bio-technology, but she has always been interested in the organic farming of words. Besides writing content for our daily news feed, she is also working as staff writer/editor with Impressions Content Management, based in Kerala, India, which offers writing and editing services to clients around the world.

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Gambling in the USA

Resorts World Catskills opened to the public – an array of innovative table games waiting to be explored

Niji Ng

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Resorts World Catskills, Catskills highly anticipated Las Vegan-style casino resort, which offers unmatched experience in excitement, entertainment, and luxury has come up with a massive array of live table games, on the blissful occasion of its opening to the public on February 8th.These games were introduced intending the players in Las Vegas. The live gaming expanse makes playing at the brand-new luxury resort casino property a world-class experience.

Upon completion, Resorts World Catskills will feature more than 150 live table gaming options, including blackjack, craps, baccarat, roulette and Pai Gow Tiles, bringing energy, excitement and high stakes to its casino floor.

Taking full advantage of the approximately 100,000 square feet of Las Vegas-style gaming, the casino resort also offers areas for both domestic and Asian slot machines. A poker room and luxurious private gaming salons are expected to open in March and will enable Resorts World Catskills to offer the very best in resort gaming.

Jack Kennedy, the Executive Director of Table Games for Resorts World Catskills, said: “With more than 150 table games, we are thrilled to offer our guests the region’s most extensive luxury gaming experiences. Providing innovative live table games and high limit opportunities that are unique to the region, coupled with our impeccable level of service and amenities to players of various cultural backgrounds and skills, allows us to offer an unmatched gaming experience for our guests.”

Kennedy joins an executive team with a wealth of experience leading casinos throughout the country. A 20-year veteran of gaming operations, Kennedy provides unique insight into table game operations that enhance the guest experience. Kennedy began his career in Las Vegas as a valet and quickly moved up through the ranks to become a table games Shift Manager at The Venetian/The Palazzo in 1998. He was Table Games Director at Sands Bethlehem in 2010, where he stayed until joining Resorts World Catskills.

Kevin Kline, the Chief Operating Officer and General Manager at Resorts World Catskills added: “With his extensive background at some of the top casinos around the country, Jack brings invaluable knowledge and insight to the team. Jack is an integral part of our team, and we are confident that his knowledge and skills will help make Resorts World Catskills the ultimate gaming destination.”

The luxury gaming options offered at Resorts World Catskills appeal to the most discerning, competitive and upscale of casino guests looking for the ultimate in thrill and adventure at the tables. The high limit room is available for VIP players who wish to stay off the main casino floor and includes an array of table games and slot machines. The exclusive third floor VIP lounge, scheduled to open in March, is designed for top-tier players, and will offer a private restaurant and gaming area to include six luxurious gaming salons with private decks adjacent to the lush pool area with elegant palace suites and villas.

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Gambling in the USA

Wynn Resorts to move up a gear – with regard to its extension in US and Macau

Niji Ng

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Irrespective of the controversies that lead to the stepping down of Steve Wynn, Wynn Resorts is trying to move up a gear. As Wynn Resorts executives who gave a nod on Steve Wynn’s resignation and set the conditions for his departure confirmed that it is persisting on developing its plans in the United States and Macau.

Post the scandal comprising sexual allegations against the Founder and Chief Executive Officer of Wynn Resorts, the casino operators are now determined to expand the company’s services globally. In view of this, the newly-appointed Chief Executive, Matt Maddox stated this week:  “The idea is that our future projects are going to continue to be leading in innovation and creativity. We are continuing to move forward as fast as we can.”

Wynn Resort’s officials revealed yesterday that they have arrived at an agreement with former CEO and founder of the company regarding this as he faces legal allegations against him. Steve Wynn’s resignation will be completed by June when he will leave his residence adhering to the demands of the agreement. Furthermore, he will not receive any severance, nor financial compensation.

Maddox’s announcement also revealed that the company is planning to create an “innovation advisory team” to present unique development ideas for its future gaming salons in Asia and the US. Wynn Resorts is aiming to obtain a gaming license to install an integrated resort in the recently approved Japanese market.

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Gambling in the USA

End Obama-era overreach of the Wire Act gambling policy

Zoltan Tundik

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Photo Credits: Billboard.com
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ANALYSIS/OPINION: In 1961, Congress passed and the president signed a law called the Wire Act. The purpose of the Wire Act, which was proposed by then-Attorney General Robert Kennedy, was simple: to prevent the use of telephones and telegraphs in the use of gambling. Gambling included all forms of gambling, from sports betting to lotteries to… (more…)

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