Industry News and Headlines
Industry
December 30, 2021
British Columbia Sees Record Ticket Sales, Winnings Paid out in 2021
While 2021 didn’t give us much to be cheerful about, the lottery winnings in British Columbia, Canada, managed to set a record in total winnings paid out to players. The British Columbia Lottery Corporation (BCLC) reported that it paid out over $891 million in total prizes, which includes $23 million paid specifically to players from […]
Industry
December 30, 2021
Nevada Casinos Confirmed in November the Industry Is Recovering
The mecca of casino gambling, Nevada, is firmly on its path to full recovery, revealed the November gaming report by the Nevada Gaming Control Board (NGCB), posting a record 9th consecutive month of gross gaming win above $1 billion. Gross Gaming Win Non-restricted gaming license holders in Nevada reported in November a total gaming win […]
Industry
December 30, 2021
IDenfy Verifies Phones to Protect Consumers and Gambling Firms
As the onus is increasingly shifting from regulators on license holders, more companies are scrambling to secure the best tools that would allow them to meet all prerequisites for retaining their licenses and providing customers with the expected level of safety and trust. Growing Regulatory Pressure Prompts Companies into Action Thankfully, gaming operators don’t have […]
Industry
December 29, 2021
Genting Singapore to Dissolve Its Subsidiaries in Japan
Genting Singapore, the operator of Resorts World Sentosa integrated casino resort in Singapore, announced this week that a plan that would see 8 Japanese subsidiaries shut down was put in motion. Japanese Subsidiaries on the Chopping Block According to Genting Singapore’s announcement Tuesday as reported by GGRAsia, the company placed its Japanese units “under members’ […]
Industry
December 29, 2021
New US Defense Bill Includes Protection for Catawba Nation Casino
If there were any chance, even the slightest, that a South Carolina tribe’s construction of a casino in North Carolina could face a new challenge, it has been eliminated. Federal law now recognizes a bill that supports the Two Kings Casino project of the Catawba Indian Nation. POTUS Protects Tribal Casino Project President Joe Biden […]
Industry
December 29, 2021
Retired Nevada Senator, former NGC Chair Harry Reid Passes Away
Harry Reid, the former Senate Majority leader, has died at the age of 82. He served in Congress between 1983 until his retirement in 2017. Reid was diagnosed with pancreatic cancer in 2018 and declared in 2019 that his cancer had returned. In addition to his tenure as a federal politician, he was also once […]
Industry
December 28, 2021
Wynn Macau and Melco Resorts Severed Ties with Junkets
Two of the six casino licensees in Macau, Wynn Macau and Melco Resorts, confirmed to have completely cut their ties with junket operators, an article in GGRAsia revealed. Wynn Macau and Melco Resorts The junket sector has been seriously hit after the arrest of Suncity chief executive officer Alvin Chao last month when analysts predicted […]
Industry
December 28, 2021
Osaka’s IR Project Gets Support from Political Heavyweight
The final leg of Japan’s integrated resort (IR) plans is rapidly approaching. With only a few months remaining until proposals must be submitted, Osaka is bringing in a well-connected individual. City and prefectural authorities have appointed Hiroto Izumi, a former adviser to two Japanese prime ministers, as their aide in Osaka’s urban planning. This includes […]
Industry
December 28, 2021
Economists in Ohio Confused Over Sports Betting
Despite already having several years of data upon which to build conclusions, some people still have difficulty grasping the role legalized sports betting plays in the US. As Ohio becomes the latest to embrace the industry, a survey conducted by economists in the state shows that the number-crunchers are divided over the economic benefits that […]
Industry
December 28, 2021
Las Vegas Feels the Sting as More Flights Canceled
What should normally be a busy time for Las Vegas has turned into a troublesome spell for the city. The gambling city was hoping to end the year on a high note, but the cancelation of flights around the US is causing problems. If the Omicron variant of COVID-19 continues to spread, things could get […]