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Gambling in the USA

Hurricane Florence spares Harrahs Cherokee Casino Resort Hotel Room Tours of all 3 Towers! Mountain, Soco & Creek

Niji Narayan

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Photo Source: americancasinoguide.com
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Hurricane Florence, now downgraded to a tropical depression, has devastated normal life in the Carolinas, causing 18 deaths and damage to 575,000 homes. However, the storm did not cause much damage to Harrah’s Cherokee resorts and casino boats.

The deadly storm has finally moved north, as Carolinians begin the painful and costly recovery process. Along with the lives lost, some 575,000 homes remain without power. Rivers and lakes continue to flood, roads are closed, and multiple. The two tribal casinos in North Carolina, Harrah’s Cherokee and sister property Harrah’s Cherokee Valley, owned by the Eastern Band of Cherokee Indians and operated by Caesars Entertainment, escaped the fury of the winds.

South Carolina is home to two casino cruise ships, which dock in Little River near Myrtle Beach. The vessels are named Big M Casino Cruise I and II.

With Myrtle Beach in Florence’s direct path as the hurricane approached the coast, owners of the Big M ships cancelled all cruises effective September 11, three days before the storm made landfall. The vessels, which offer table games and more than 400 slot machines, were transported to nearby inland Bucksport Marina on the Waccamaw River to ride out Florence.

Both Harrah’s properties remained in operation throughout last week with minimal interruption. The only schedule change came at Harrah’s Cherokee Casino Resort, which cancelled a concert from Aaron Lewis that was to take place on September 14.

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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Gambling in the USA

Legislators from Gaming States Announces 35 Expert Speakers for January 10-12 Winter Meeting in San Diego

George Miller

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Legislators from Gaming States Announces 35 Expert Speakers for January 10-12 Winter Meeting in San Diego
Reading Time: 3 minutes

 

 

The National Council of Legislators from Gaming States (NCLGS) announced the roster of speakers for its NCLGS Winter Meeting 2020 that takes place January 10-12, 2020, at the Marriott Marquis San Diego Marina. Registration is open for legislators and the public at http://nclgs.org/index.php/events/nclgs-winter-meeting-san-diego-2020.

“We are excited that so many highly respected experts are joining us this year in San Diego to help legislators, regulators, and industry participants understand the evolving landscape that is gaming across the United States,” said NCLGS President-elect Keith Pickard, a Nevada State Senator. “The lineup of speakers and panelists this year is unprecedented in quality and scope. I can hardly wait for this conference to start.”

The NCLGS Winter Meeting will focus on critical issues that legislative decision makers throughout the United States will confront, ranging from the rollout of sports betting to growing revenues and generating employment, to law enforcement, security and cheating at casinos. Additionally, a major policy initiative will be unveiled by American Gaming Association’s (AGA) Responsible Gambling Collaborative as a special presentation.

Speakers who will address these and other timely issues include:

  • Gerald Aubin, Director, Rhode Island Lottery
  • Joe Briggs, Staff Counsel, Public Policy Counsel, National Football League Players Association
  • Jonodev O. Chaudhuri, Partner, Quarles & Brady
  • William P. Coley II, Senator, Ohio
  • Frank Donaghue, Vice President of Regulatory Affairs, Chief Compliance Officer, Penn National
  • William Egan, Senior Lottery Associate, Spectrum Gaming Group
  • Alan Feldman, Distinguished Fellow, Responsible Gaming, University of Nevada, Las Vegas – International Gaming Institute
  • Jon Ford, Senator, Indiana
  • Steve Geller, Principal, Geller Law Firm
  • Robert Heller, CEO, Spectrum Gaming Capital
  • Jamie Hummingbird, Director, Cherokee Nation Gaming Commission
  • Brandt Iden, Representative, Michigan
  • Robert Jacobson, Executive Director, California Council on Problem Gambling
  • Susan Jensen, Executive Director, California Nations Indian Gaming Association
  • Kate Lowenhar-Fisher, Member, Dickinson Wright
  • John Maloney, Principal Attorney, John K. Maloney Law
  • Marquest Meeks, Senior Counsel, Sports Betting & Investigations, Major League Baseball
  • Cody Martinez, Chairman, Sycuan Band of the Kumeyaay Nation
  • Bill Miller, President & CEO, American Gaming Association (AGA)
  • Steve Norton, CEO, Norton Management
  • Keith Pickard, Senator, Nevada
  • Dan Reaser, Director, Fennemore Craig
  • F. Douglas Reed, Senior Pari-Mutuel Associate, Spectrum Gaming Group
  • Kevin Ryan, Representative, Connecticut
  • May Scheve Reardon, Executive Director, Missouri Lottery
  • Sue Schneider, Editor-in-Chief, Gaming Law Review
  • Judith A. Shapiro, EsquireJudith Shapiro Law
  • Katherine Spilde, Professor, L. Robert Payne School of Hospitality & Tourism Management, San Diego State University
  • Perry Thurston, Senator, Florida
  • Dave Trujillo, Director, Washington State Gambling Commission
  • Joe Verrengia, Representative, Connecticut
  • Rachel Volberg, Research Professor, School of Public Health and Health Sciences, University of Massachusetts Amherst
  • Keith Whyte, Executive Director, National Council on Problem Gambling
  • Robert Zahradnik, Principal Officer, State and Local Fiscal Health, The Pew Charitable Trusts
  • Jane Zerbi, Principal, Law Office of Jane Zerbi

Additional speakers will be added in the coming weeks.

The agenda for the three-day NCLGS Winter Meeting includes:

  • Six legislative-chaired Committee sessions that will focus on tribal and commercial casinos, responsible gaming, and lotteries, as well legal, regulatory, and operational aspects related to sports betting
  • Two IMGL masterclass panels conducted by the International Masters of Gaming Law focusing on the legal and regulatory trends of tribal-state gaming compacts and cutting-edge issues related to the surge of sports betting across the U.S.
  • Morning Keynote Address from Robert Zahradnik of The Pew Charitable Trusts
  • Luncheon Keynote Address from Bill Miller of AGA: “State of the Industry”
  • Special presentation featuring the release of the “Responsible Gambling Effectiveness Principles” by AGA’s Responsible Gambling Collaborative
  • General session panel examining what state and local governments can do to capture economic benefits of gaming
  • Thursday evening networking reception
  • Friday evening welcome reception
  • Saturday afternoon offsite event

To view the agenda, register, and book rooms at the host hotel at special attendee rates by the December 11 deadline, visit http://nclgs.org/index.php/events/nclgs-winter-meeting-san-diego-2020.

For sponsorship information, contact [email protected] Legislators and others seeking NCLGS membership information should contact Wayne Marlin at [email protected]

NCLGS is the only organization of state lawmakers that meets on a regular basis to discuss issues relating to gaming. Members of NCLGS serve as chairpersons or members of state legislative committees responsible for the regulation of gaming in their state legislative houses. NCLGS does not promote or oppose gaming but is primarily concerned with the regulation and economic and social impacts of the industry. The NCLGS Foundation is the educational and research arm of NCLGS. The 501(c)(3) non-profit is a source of non-partisan data on issues of gaming legislation and regulation. Learn more about NCLGS at https://www.nclgs.org/.

Spectrum Gaming Group, which has performed advisory and consulting work for gaming operators, regulators, and legislatures in 40 U.S. states and territories and in 48 countries on six continents, serves as Executive Director of NCLGS. Discover more about Spectrum at https://www.spectrumgaming.com/.

SOURCE National Council of Legislators from Gaming States

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Gambling in the USA

New Report Finds California Cardroom Industry Generates Over 32,000 Jobs and Nearly $5.6 Billion in Annual Impact on State’s Economy

George Miller

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New Report Finds California Cardroom Industry Generates Over 32,000 Jobs and Nearly $5.6 Billion in Annual Impact on State's Economy
Reading Time: 2 minutes

 

Cardroom industry supports $1.64 billion in total wages and $500 million in state and local taxes that play a vital role in underserved communities throughout California

A new economic impact analysis report released today found the total annual economic impact of California’s cardroom industry to be $5.6 billion dollars, providing over 32,000 in total local jobs. Commissioned by the California Gaming Association, John Dunham & Associates conducted an in-depth review of the direct, indirect and induced economic impact cardrooms have on California communities. The analysis reviewed jobs, wages, linked industries, state and local tax dollars, and total economic output.

In total, the California cardroom industry directly and indirectly creates about 32,425 living wage jobs with wages and benefits estimated at $1.64 billion. Tax revenue generated by California cardrooms totals roughly $500 million, with $398.8 in state taxes and $100.9 million in local jurisdiction gaming taxes.

“The data is clear – the cardroom industry is a vital part of local economies, creating irreplaceable jobs, needed state and local taxes to support local services, and, all totaled, a significant economic impact on California’s economy,” said John Dunham, President of John Dunham and Associates.

The jobs, wages, and tax dollars provided by cardrooms serve as a vital economic stimulant in communities across California. The local cardrooms support communities, and in some cases, entire cities where over 50% of the local general fund budget is derived from city gaming taxes.

“The economic impact report illustrates what we know and experience every day – local cardrooms are essential to California communities across the state,” said Kyle Kirkland, President of the California Gaming Association. “California cardrooms provide tens of thousands of steady, living wage jobs, providing an opportunity for working Californians to support themselves and their families.  Furthermore, cardrooms across California spark additional economic activity, revenue and jobs by their presence and provide valuable tax revenue to host communities.  In fact, some cardrooms generate over 50% of a city’s general fund revenue, providing the majority of funds for emergency services, fire departments, parks and other critical city programs and services.”

The economic impact analysis defines the cardroom industry as cardrooms and related third parties, associated restaurants, security services, gift shops, bars and hotels. Its findings show that the cardroom industry touches all corners of California, directly employing almost 18,000 people, providing $728.8 million in wages and benefits and generating $3.0 billion in economic activity in the state.

KEY REGIONS IN CALIFORNIA

Region

Total Jobs*

Total Economic Impact*

L.A. County

13,463

$2.3 billion

San Diego County

1,936

$318.6 million

Bay Area

6,196

$1.1 billion

Sacramento Region

1,831

$313.3 million

Fresno County

764

$128.5 million

* includes direct, indirect and induced

Methodology
“This economic impact analysis was developed by JDA based on data collected from the California Gaming Association, Infogroup, the California Gambling Control Commission, and survey information provided by cardrooms and related third parties. The analysis utilizes the IMPLAN model in order to quantify the economic impact of the cardroom industry on the economy of California, as well as in state legislative districts, counties and cities. The model adopts an accounting framework through which the relationships between different inputs and outputs across industries and sectors are computed. This model can show the impact of a given economic decision – such as a factory opening or operating a sports facility – on a predefined, geographic region. It is based on the national income accounts generated by the US Department of Commerce, Bureau of Economic Analysis (BEA).”

To view regional data from the report, please visit: https://californiagamingassociation.org/cardroomimpact/.

To learn more about the California cardroom industry, please visit Calgaming.org.

 

SOURCE California Gaming Association

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Gambling in the USA

Betting Stocks Tank in UK, as MPs Tighten Stand Against Online Gambling

Niji Narayan

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Betting Stocks Tank in UK, as MPs Tighten Stand Against Online Gambling
Reading Time: < 1 minute

 

British gambling companies suffered a bloody Monday that witnessed collective drop of share prices on the London Stock Exchange. The collapse happened after MPs urged for stronger laws against online casinos.

The All-Party Parliamentary Group for Gambling Related Harm recommended restricting maximum stakes in online betting, to mirror the rules that now apply to high-speed, fixed odds betting terminal (FOBT) slot machines, where bets are now restricted to a maximum stake of £2.

They also called for banning the use of credit cards to gamble online.

Shares in GVC closed the day with a fall of 11%, William Hill fell just over 12%, while 888 Holdings ended trading down nearly 13%.

British betting companies are still reeling from the government’s April 1 clampdown on high-speed slot machines when it slashed FOBT stakes from £100.

Critics have likened such machines to the “crack cocaine” of gambling.

Iain Duncan-Smith MP, the group’s vice chair and author of its latest report told Sky News that alongside the success of the gambling industry, there had been “huge levels of growth” in addition to gambling.

He said: “The recommendations today are very simple, which is to get some regulation back into this industry, and give the Gambling Commission more teeth to intervene.”

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