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Gambling in the USA

Caesars Entertainment Launches Mobile Sports Betting App in New Jersey

George Miller

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Caesars Entertainment Launches Mobile Sports Betting App in New Jersey
Reading Time: 5 minutes

 

The mobile sports betting feature inside the existing Caesars Casino App is available today, September 6th, just in time start of the professional football season
Players can earn and redeem Total Rewards® Loyalty points for stays and experiences at Caesars Entertainment resorts

Caesars Entertainment Corporation (NASDAQ: CZR) (“Caesars”) announced that it’s taking mobile sports bets today, September 6th, in New Jersey via The Caesars Casino & Sports app which is available through the App Store and on CaesarsCasino.com for Android users. This move allows anyone in NJ who downloads the app to place bets on their favorite sporting events, including professional football whose season kicks off today. They can also play over 400 casino games including slots, table games, and video poker.

“Since New Jersey decided to allow mobile sports betting, we have been working diligently to create the most engaging and fun mobile platform which provides users with the ability to place bets on their favorite sporting events,” said Mark Frissora, CEO and President of Caesars Entertainment. “Players have the opportunity to earn and redeem rewards points through our Total Rewards loyalty program, which they can redeem for memorable experiences inside our world-class resorts. This launch further solidifies our investment into this exciting space.”

Caesars is the leader in legalized gaming in the U.S. and a part of that success has come through our partnership with technology innovator, Scientific Games. Scientific Games, a leading partner to the world’s most powerful iGaming, iLottery and Sports Betting brands will power the Caesars Casinos & Sports mobile app. Its OpenBet technology provides Caesars’ players with intuitive and sleek solutions, enhancing the sports betting experience through the mobile app and at Bally’s, Wild Wild West and Harrah’s Atlantic City.

Partnerships like this allow Caesars Entertainment to generate a seamless and fun experience for the end-user while also preserving shareholder value.

The Caesars Casino & Sports app is available through the App Store and on Caesars website for Android users.  Caesars’ mobile sports betting offering is integrated with Total Rewards.  More information on Total Rewards, including how to become a member, can be found at www.TotalRewards.com. Tri-state area gaming customers can access the mobile application in the state of New Jersey.  Wagers can be placed in the app via VISA, MasterCard, Paypal and select other forms of payment.

Following the Supreme Court’s PASPA ruling and receipt of regulatory approvals, Caesars began taking sports bets at two of its New Jersey properties as well as its two Mississippi properties. As part of its sports betting growth strategy, Caesars plans to introduce retail locations and expand its mobile offerings in additional states when and if it becomes legal and economically attractive for Caesars to do so.

 

About Caesars Entertainment Corporation

Caesars Entertainment is the world’s most diversified casino-entertainment provider and the most geographically diverse U.S. casino-entertainment company. Since its beginning in Reno, Nevada, in 1937, Caesars Entertainment has grown through development of new resorts, expansions and acquisitions. Caesars Entertainment’s resorts operate primarily under the Caesars®, Harrah’s® and Horseshoe® brand names. Caesars Entertainment’s portfolio also includes the Caesars Entertainment UK family of casinos. Caesars Entertainment is focused on building loyalty and value with its guests through a unique combination of great service, excellent products, unsurpassed distribution, operational excellence and technology leadership. Caesars Entertainment is committed to environmental sustainability and energy conservation and recognizes the importance of being a responsible steward of the environment.

Forward-Looking Statements

This release includes “forward-looking statements” intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. You can identify these statements by the fact that they do not relate strictly to historical or current facts. These forward-looking statements are based on current expectations about future events. Further, these statements contain words such as “will” or the negative or other variations thereof or comparable terminology. In particular, they include statements relating to Caesars’ introduction of sports betting in New Jersey and Caesars’ plans and strategy with respect to the sports betting opportunity in the United States.

Investors are cautioned that forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties that cannot be predicted or quantified, and, consequently, the actual performance of Caesars Entertainment may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to, the following factors, and other factors described from time to time in Caesars Entertainment’s reports filed with the Securities and Exchange Commission (including the sections entitled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” contained therein):

  • Caesars’ ability to respond to changes in the industry, particularly digital transformation, and to take advantage of the opportunity for legalized sports betting in multiple jurisdictions in the United States (which may require third party arrangements and/or regulatory approvals);
  • the effects of local and national economic, credit, and capital market conditions on the economy, in general, and on the gaming industry, in particular;
  • the effect of reductions in consumer discretionary spending due to economic downturns or other factors and changes in consumer demands;
  • the ability to take advantage of opportunities to grow Caesars’ revenue;
  • the ability to effectively compete against Caesars’ competitors;
  • the impact of Caesars’ substantial indebtedness, including its impact on Caesars’ ability to raise additional capital in the future and react to changes in the economy, and lease obligations and the restrictions in Caesars’ debt and lease agreements;
  • the ability to access available and reasonable financing or additional capital on a timely basis, and on acceptable terms or at all, including Caesars’ ability to refinance Caesars’ indebtedness on acceptable terms;
  • the ability of Caesars’ customer tracking, customer loyalty, and yield management programs to continue to increase customer loyalty and same-store or hotel sales;
  • changes in the extensive governmental regulations to which Caesars is subject, and (1) changes in laws, including increased tax rates, smoking bans, regulations or accounting standards, (2) third-party relations and (3) approvals, decisions, disciplines and fines of courts, regulators and governmental bodies;
  • compliance with the extensive laws and regulations to which Caesars is subject, including applicable gaming laws, the Foreign Corrupt Practices Act and other anti-corruption laws, and the Bank Secrecy Act and other anti-money laundering laws;
  • abnormal gaming holds (“gaming hold” is the amount of money that is retained by the casino from wagers by customers);
  • the effects of competition, including locations of competitors, growth of online gaming, competition for new licenses, and operating and market competition;
  • Caesars’ ability to protect Caesars’ intellectual property rights and damages caused to Caesars’ brands due to the unauthorized use of Caesars’ brand names by third parties in ways outside of Caesars’ control;
  • acts of war or terrorist incidents (including the impact of the recent mass shooting in Las Vegas on tourism), severe weather conditions, uprisings, or natural disasters, including losses therefrom, losses in revenues and damage to property, and the impact of severe weather conditions on Caesars’ ability to attract customers to certain of Caesars’ facilities;
  • a disruption, failure, or breach of Caesars’ network, information systems, or other technology, or those of Caesars’ vendors, on which Caesars is dependent;
  • risks and costs associated with protecting the integrity and security of internal, employee and customer data.

Any forward-looking statements are made pursuant to the Private Securities Litigation Reform Act of 1995 and, as such, speak only as of the date made. Caesars Entertainment disclaims any obligation to update the forward-looking statements. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date stated or, if no date is stated, as of the date of this release.

 

Source: Caesars Entertainment Corporation

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

A Sure Bet: Cruise Ship Casinos Pay Off with Jackpots, Friends and Making Guests Feel at Home

Zoltan Tundik

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With slots, low-entry table play and tournaments, cruise ship casinos are more popular than ever for their fun and friendly environment and interactions with crew members and fellow guests . Photo courtesy of Princess Cruises.
Reading Time: 4 minutes

 

When Texan Glenda Ostrokol gets on a ship she has a plan: Get to the casino as soon as it opens. She does not gamble on land. But in cruise ship casinos, she’s a big player, and receives all the perks that go along with that status.

“Carnival Cruise Line just makes it so much fun,” Ostrokol says. “I do love slot machines, and I play them all. And the casino team takes really good care of me.”

David Simpson of Leesburg, Fla., says arriving at a ship casino is akin to coming home. He and fellow Carnival Cruise Line players communicate through a dedicated Casino Fan Facebook page.

“We go in there and meet other friends we cruise with from all over the U.S.,” Simpson says. “There’s always somebody we know, people from TexasIdahoNorth Carolina. And there’s not a ship that we go on that we don’t know the casino team.”

Unlike with casinos on land, cruise guests are typically on board for a week or more, time for relationships to develop.

“We offer them a warm and friendly environment where they can interact with fellow cruisers,” says Marty Goldman, senior vice president of global casino operations for Carnival Corporation. “And we have an engaging casino team that takes the time to understand guest needs. We want to ensure that we are different from a typical casino in that way.”

Since joining Carnival Corporation from Caesars Entertainment in 2012, Goldman has overseen tremendous growth in the casino realm – as the world’s largest cruise company has expanded its gaming operations around the world.

Casino play is popular on all the cruise lines under the Carnival Corporation banner. In addition to Carnival Cruise Line, this includes Princess Cruises, Holland America Line, Cunard, Seabourn, German line AIDA Cruises, Italian line Costa Cruises, British line P&O Cruises and P&O Cruises Australia.

Across the fleet, the most popular gaming option is slots, with Americans and Australians particularly big fans. With more than 100 casinos, Carnival Corporation sees a guest spinning the reels on a slot machine 112 times per second, making it by far the most popular form of gaming.

Tournament play is tremendously popular on ships in North America, and Carnival Corporation has plans to expand slot tournaments elsewhere around the world.

The company paid out more than $1 million in tournaments in the past year. This includes special branded events with tie-ins to Wheel of Fortune and Monopoly, the latter being for the biggest prize money the company ever paid. With guests flocking to these events, they will be expanded across the fleet, with a marquee Spin & Sail event on Carnival Cruise Line in 2019.

Though blackjack is preferred in the United States, the casinos cater to a wide array of tastes for games offering roulette, baccarat and a variety of poker games in different markets.

Goldman says the gaming crowd appreciates innovation, so his team is always on the lookout for what’s new and what people want to play on a regional basis.

Among options trending now are arcade-style games for adults and lottery-style scratch tickets.

“We are always looking at what else may be popular,” Goldman says. “We want to appeal to as broad an audience as possible.”

For frequent players, Carnival Cruise Line’s Carnival Players Club is “unlike anything else anywhere on land or sea,” Goldman says. Players clubs are also available on Princess Cruises, Holland America Line and expanding to some of the corporation’s international brands.

Based on play, perks for players include everything from complimentary drinks to free cabins. Special events see top players invited to participate in unique and exciting experiences, which elevates the energy in the casino for all guests.

“People like engaging with other people who play,” says Goldman.

Behind the scenes, a new casino management system will allow more customized incentives for players.

“We will be able to offer an incentive based on what you are playing in real time,” Goldman says.

As it looks to expand its audience, Carnival Corporation has strategic partnerships with casinos on land, with qualified players offered a certificate for a free cruise. This enables the cruise company to draw new-to-cruise players to its casinos.

There are some differences in cruise ship play. With a more relaxed atmosphere, game table minimums are typically lower, for instance. While they vary by ship, itinerary and even time of day, it’s rare to find a minimum over $25.

In the friendly, guest-centric environment waging limits are adjusted based on a player’s personal preferences. “We have some very high limit players, not much different than you would see with land-based casinos,” Goldman says.

With nearly 60 cruises under her belt since 2002, Ostrokol has stories to tell – like the time earlier this year when she won $14,790 on a slot machine on the Carnival Vista, a ship with more than 250 machines.

“I thought I had won $1,400, and said, ‘Okay, I can play tomorrow.’ When I realized it was more, I screamed,” she says, laughing. She used her payout for a down payment on a wheelchair accessible van.

Simpson, a blackjack player who occasionally dabbles in slots, plays a few times a year in Las Vegas, but says ships are decidedly friendlier places. His biggest shipboard win was a $25,000 blackjack hand, “on the Lucky Ladies.” He also won a slot tournament on the Carnival Breeze.

“The best way to describe what time of day you can find me in the casino, is whenever it’s open,” Simpson says with a laugh. He’s been known to play well into the night and hit a ship’s 24-hour pizzeria to watch the sunrise.

Simpson says in addition to gaming, he enjoys Carnival Cruise Line’s specialty dining, such as La Cucina for Italian and Gigi’s for pan-Asian cuisine.

And then there are all the additional virtues of cruising. In traditional gaming resorts, you are in one place with one focus. On cruise ships, gaming comes with a wealth of other fun entertainment and activities – including visiting several exciting destinations during your vacation.

Carnival Corporation offers a variety of casino experiences, whether guests want to dress up like James Bond or go completely casual. There are classic casinos on Holland America Line and P&O Cruises in the United Kingdom, and smaller, more intimate experiences on ultra-luxury line Seabourn. You can even play while crossing the Atlantic on a luxurious Cunard ocean liner.

“From a casino perspective, we can offer something for everybody, every day, all across the globe, which no one else can do,” Goldman says.

Fun facts from Carnival Corporate Global Casino Operations:

Slot machines on Carnival Corporation ships produce more than 3.5 billion hand pulls per year.

More than 56,000 slots jackpots are paid out each year, an average of more than 155 per day.

On Carnival Corporation ships, blackjack players older than 60 are twice as skillful as players younger than 30.

In the largest annual tournaments, on Carnival Cruise Line and Princess Cruises, players vie for a share of a $200,000 pot.

The 2,600-strong Carnival Corporation shipboard casino team represents 79 nationalities.

SOURCE Carnival Corporation & plc

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Gambling in the USA

AGA Names Bill Miller as New President and Chief Executive Officer

Zoltan Tundik

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Photo source: worldtopinvestors.com
Reading Time: 2 minutes

 

Miller Selected as Next CEO to Lead $261 Billion U.S. Casino Gaming Industry

The American Gaming Association’s (AGA) Board of Directors today named Bill Miller as the trade association’s next president and chief executive officer, effective January 14, 2019, following a comprehensive search and selection process.

During his tenure as senior vice president at the Business Roundtable (BRT), Miller helped grow the organization’s brand and advocacy footprint in Washington, leading the association’s outreach to Capitol Hill and the Administration.

“I am honored to join a team with a well-earned reputation for advancing the casino gaming industry’s legislative and communications priorities and addressing the issues that matter most to its members,” said Miller. “Much to the AGA’s credit, this is a remarkable time for gaming in America. The industry is growing, acceptance of gaming as mainstream entertainment has never been higher and the opportunities to continue to advance gaming’s agenda are abundant. I am eager to help lead the industry in this next era.”

A broad, seven-member search committee was formed in June, led by Tim Wilmott, CEO of Penn National Gaming and Chairman of the AGA Board of Directors.

“Bill’s extensive work with federal policymakers and as a seasoned leader of membership and industry advocacy organizations was critical to our decision,” said Wilmott. “He joins a successful organization at a time when our industry is enjoying great momentum, thanks in part to a major policy achievement – the ending of the federal sports betting prohibition. On behalf of the AGA Board, I am excited to welcome Bill to the team.

“The Board is extremely thankful for the leadership of Stacy Papadopoulos and Sara Slane, and the commitment of the entire AGA team during this period of transition,” continued Wilmott.

With senior level experience at leading business groups and trade associations including BRT and the U.S. Chamber of Commerce, Miller joins the AGA at a time when the gaming industry is growing both in size and popularity. The May 2018 Supreme Court ruling overturning the federal ban on sports betting was a landmark policy achievement for the industry. Revenue grew in twenty states with commercial casinos in 2017 and the commercial gaming industry as a whole brought in $40.3 billionin gaming revenue, while tribal casinos tallied $32.4 billion in total gaming revenue.

About AGA: The American Gaming Association is the premier national trade group representing the $261 billion U.S. casino industry, which supports 1.8 million jobs nationwide. AGA members include commercial and tribal casino operators, gaming suppliers and other entities affiliated with the gaming industry. It is the mission of the AGA to achieve sound policies and regulations consistent with casino gaming’s modern appeal and vast economic contributions.

SOURCE American Gaming Association

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Gambling in the USA

Record Number of Legislators to Attend Winter Meeting of Legislators from Gaming States, January 4-6 in New Orleans

Zoltan Tundik

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Pictured in the New Orleans skyline is One Shell Square (towards left), New Orleans' tallest building, standing at 697 ft (212 m) as well as Place St. Charles, Plaza Tower, First Bank and Trust Tower, and Energy Centre.
Reading Time: 2 minutes

 

A record number of legislators from a record number of states will attend the National Council of Legislators from Gaming States Winter Meeting, January 4-6 in New Orleans. NCLGS will welcome 42 legislators – and counting – from 18 states during its three-day conference.

Registration for the NCLGS Winter Meeting is open to the public at http://www.nclgs.org/meetings.html. Although the room block at host Harrah’s New Orleans is sold out, numerous nearby hotel options are posted on the conference website.

“After setting the all-time record for attendance at our conference this past summer, I am happy to see that we already have even more legislators confirmed to attend our Winter Meeting in New Orleans,” said NCLGS William P. Coley II, a Senator from Ohio. “These are the legislators who will be determining gaming policy in their respective states throughout the country, and we invite everyone who is interested in great public policy to join us in New Orleans.”

More than 200 attendees are expected to attend the three-day NCLGS Winter Meeting. The conference agenda includes:

  • Keynote Luncheon Address from former New Jersey Governor Chris Christie, whose arguments before the Supreme Court resulted in overturning the federal prohibition on sports betting
  • Six legislative committee sessions: Casinos, Emerging Forms of Gaming, Lotteries, Pari-Mutuels, Sports Betting/iGaming, and State-Federal Relations
  • The Big Picture: Focus on Freshman Class of Legislators – an introduction to gaming
  • Two Masterclasses presented by the International Masters of Gaming Law
  • Thursday evening and Friday evening welcome receptions
  • Saturday afternoon back-of-house tours of Harrah’s New Orleans
  • Sunday general session focusing on the relationship between gaming and tourism

The Winter Meeting has been approved for 10.25 and 10.0 Continuing Legal Education credits by the Louisiana and Nevada bars, respectively, underscoring its importance as a premier gaming policy forum.

To view the NCLGS Winter Meeting agenda, register, and book hotel rooms at the host hotel at special attendee rates, visit http://www.nclgs.org/meetings.html

For sponsorship information, contact events@nclgs.org. Legislators and others seeking NCLGS membership information should contact Wayne Marlin at wayne.marlin@nclgs.org.

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.

Spectrum Gaming Group, which has performed advisory and consulting work for gaming operators, regulators and legislatures in 36 US states and territories and in 47 countries on six continents, serves as the Executive Director of NCLGS.

 

SOURCE National Council of Legislators from Gaming States

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