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Gambling in the USA

From video gambling to home rule, Southland voters will face variety of questions on primary ballot

George Miller

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From video gambling to home rule, Southland voters will face variety of questions on primary ballot
Reading Time: 2 minutes

From legalizing marijuana and video gambling, to raising taxes, area voters will face a variety of questions when they cast a ballot in the March 20 primary.

Along with a list of candidates vying to be on the November ticket, are several referendum questions that will determine the fates of local communities.

In an advisory referendum, Cook County wants to know how its folks feel about the state legalizing the cultivation, manufacture, distribution, testing, and sale of marijuana and marijuana products for recreational use by adults 21 and older.

Since it is an advisory question, officials do not have to adhere to the results of the vote.

Closer to home, Orland Park has two advisory referendum questions on the ballot — one to prohibit video gambling in the village limits and the second to approve and license gambling for restaurants with liquor licenses that have been in business for at least 18 months.

Orland Park prohibited the machines by ordinance in December 2009, but last year, officials revisited the issue, partly in response to declining sales tax revenue, with some business owners saying that they are at a competitive disadvantage by not being able to provide video gambling to their customers.

A consultant estimated that the village could receive about $415,000 in annual revenue from video gambling.

Officials have proposed an ordinance that would charge a business an initial application fee of $2,500, an annual fee of $1,000 per gambling terminal — state law allows a maximum of five machines per establishment — and a $1,000 annual license renewal fee.

The separate referendum, for which residents petitioned, will ask voters if video gambling should remain banned within village limits.

Two towns — Homewood and Merrionette Park — are seeking increased power through home rule referendums.

Homewood would use home rule to increase sales taxes by .25 percent, to 9.25 percent, to generate $1 million annually in new revenue, which the village would share with local schools, library and park districts, according to the village’s webpage.

With home rule, Homewood could reduce the time and money it takes to hire new fire and police personnel by hiring experienced police officers and firefighters from other departments.

With the increase in rental properties, Homewood plans to use home rule authority to implement a crime-free housing program and conduct inspections of rental units to make sure they are maintained.

Voters overwhelmingly rejected a home rule referendum in the 2004 primary.

Merrionette Park also is seeking voter approval to become a Home Rule Unit, but officials there could not be reached for comment.

The village of Flossmoor wants to raise its sales tax by 1 percent — to 10 percent — to fill a budget deficit of $560,000, diversify its tax base and relieve the financial burden on its residents, according to information on the village’s website.

The added revenue — estimated to be $550,000 — would go into the general fund and be used for police, fire, public works and other general personnel, and for snow removal and sidewalk replacement.

 

Source: chicagotribune.com

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Gambling in the USA

Tim Wilmott Steps Down as Chairman of AGA

Niji Narayan

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Tim Wilmott Steps Down as Chairman of AGA
Photo Source: linkedin.com
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Tim Wilmott has retired from the American Gaming Association as its chairman. The legalisation and expansion of sports betting has been a key marker of Wilmott’s term.

He told AGA members: “Once PASPA happened everything changed,” referring to a Supreme Court ruling that overturned a ban on sports betting. Since then, 13 states so far have launched legalised sports betting operations in casinos, racetracks and on mobile devices.

Wilmott, CEO of casino company Penn National Gaming, said the industry’s relations with the government had become even more important with the advent of sports betting. A bill seeking federal sports betting control is now in the Senate.

Wilmott said that during his tenure and that of his previous chairman, the profile of AGA membership had changed and it had broadened as a result of work headed by CEO Bill Miller and his predecessor.

He was speaking to members at the conclusion of the 2019 G2E trade show that had attracted 30,000 gaming professionals to Las Vegas.

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Compliance Updates

DC Judge Refuses to Halt DC Lottery’s Controversial Deal with Intralot

Niji Narayan

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DC Judge Refuses to Halt DC Lottery’s Controversial Deal with Intralot
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DC Superior Court Judge John Campbell has refused to halt the DC Lottery’s controversial deal with tech provider Intralot.

Last month, a different DC judge issued a temporary restraining order on Intralot’s deal based on a request by DC resident Dylan Carragher, a software developer who filed a lawsuit to force DC to hold a competitive tender for the betting contract.

Judge Campbell justified his refusal to honour Carragher’s injunction request by saying he did not think Carragher’s lawsuit will succeed. Campbell added that “it clearly and unquestionably was within the Council’s authority” to waive the competitive bidding requirement. Carragher has already indicated that he will appeal Campbell’s ruling, so the action now shifts to the DC Court of Appeals.

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Gambling in the USA

GAN Reports September 2019 Internet Gambling Growth For Pennsylvania

George Miller

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GAN Reports September 2019 Internet Gambling Growth For Pennsylvania
Reading Time: 2 minutes

 

GAN plc, an award-winning developer and supplier of enterprise-level B2B Internet gambling software, services and online gaming content in the United States, today updated the market following the publication on October 17, 2019, by the Pennsylvania Gaming Control Board (“PGCB”) of Internet gaming and Internet sports betting financial information for the calendar month of September 2019 in Pennsylvania.

Highlights from the PGCB include:

  • Internet Gaming Win was $6.0 million in September, compared to $4.0 million in the prior sequential month, reflecting an increase of 48.2%.
  • Total Internet Sports Wagering Handle(1) was approximately $153.6 million for the month of September, compared to:

– $83.2 million for the month of August;

– $39.0 million for the month of July; and

– $19.3 million for the month of June.

  • Internet Sports Wagering Gross Revenues(2) (after payouts) for the month of September were $13.4 million, compared to:

– $6.3 million for the month of August;

– $2.9 million for the month of July; and

– $1.4 million for the month of June.

  1. Gross amount of money accepted in wagers
  2. Internet Sports Wagering Gross Revenues may vary from month to month due to the payouts for future events occurring months after the original wager was made and unredeemed winning wagers from prior months will become deductible upon redemption in future months

This information will be updated and published each month, following publication by the PGCB, in order to enable the investor community to readily monitor growth of Internet gambling in Pennsylvania, which remains a key market for GAN.

 

About GAN Plc:

GAN is a leading business-to-business (“B2B”) supplier of internet gambling software-as-a-service solutions (“SaaS”) to the US land-based casino industry. The Company has developed a proprietary internet gambling enterprise software system, GameSTACK™, which it licenses principally to land-based US casino operators as a turnkey technology solution for regulated real-money internet gambling, encompassing internet gaming, internet sports gaming and virtual Simulated Gaming. The Company has also launched digital user acquisition & retention marketing in support of the Internet Casino (https://casino.winstar.com) provided by GAN’s Digital Marketing Agency in Tel Aviv, Israel.

GAN is listed on the London Stock Exchange (LSE: GAN).

For more information please visit www.GAN.com.

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