24 stories from 5 sources
The decision by the Commodity Futures Trading Commission (CFTC) to advance a regulatory overhaul of prediction markets late last Friday did not come as a surprise to Nevada’s top gaming regulator. “Definitely, this is the next step that they have taken to try and continue to do what they can, and by they, I mean... Read more » Source
The Pennsylvania Gaming Control Board on Wednesday moved forward on the renewal of a casino’s license and placed five players on its Involuntary Casino Exclusion list for leaving minors unattended at a casino property while they gambled. The PGCB unanimously voted to renew the Category 4 casino license of Stadium Casino Westmoreland, operator of Live!... Read more » Source
CDC Gaming interviews Mike Darley, CEO of Next Gaming, Patrick Schmit, Founder and CEO of Highbrow Gaming, and Terrance Nichols, Western Regional Manager of VSR Industries, about their collaboration to bring back Sigma Derby, combining the nostalgia of the original mechanical horse racing game with updated technology and improved reliability. 🔷 Reviving a Casino Classic:... Read more » Source
Mobile sports betting operators are facing a deadline next month to answer a series of questions put to them by Massachusetts gaming regulators regarding their use of artificial intelligence and machine learning. Dean Sherpa, executive director of the Massachusetts Gaming Commission (MGC), sent a letter to learn how each licensee uses AI in marketing, promotions,... Read more » Source
Before she works her housekeeping shift at Resorts World Las Vegas, housekeeper Yuritzi Chavez rises at 5 a.m. to clean her home, walk her two huskies, make breakfast for her kids, and ready them for school. When she arrives at work, she’s already put in the equivalent of most people’s day. Only Chavez then works... Read more » Source
Las Vegas and Macau can expect continued economic pressure in the near future, according to Jefferies Equity Research analyst David Katz. Macau’s comeback continues to be subdued, Katz wrote in an investor note published Wednesday. He added, “Seasonal weakness persists in Las Vegas as demand becomes more dependent on marquee events and conventions.” Katz explained... Read more » Source
Businesses and nonprofits have spent the last few weeks removing their skill games after Pennsylvania lawmakers failed to reach agreement on regulating them ahead of the state Supreme Court’s deadline. The Pennsylvania Supreme Court ruled in June that skill games are slot machines under state law and that they are unlawful unless licensed. The court... Read more » Source
Mohegan Sun in Uncasville, Connecticut, celebrated its 30th birthday this past weekend with three nights of concerts, a red-carpet celebration and a birthday party. John Mayer kicked off the weekend at Mohegan Sun Arena on Friday. Saturday, Lainey Wilson took the arena stage, while Flo Rida performed a free show in the Wolf Den. After... Read more » Source
Casinos face some wide-ranging challenges in managing all aspects of operations – from gaming and loyalty programs to hospitality services and regulatory reporting. Keeping up with all that is no easy task, but CasinoTrac works to offer a unified data source to better serve the casino industry in this capacity. The system covers every aspect of... Read more » Source
The most revealing insight into the evolution of KioskTrac, one year shy of three decades since its release, was expressed by Randy Gilbert, Chief Executive Officer and Chief Financial Officer CasinoTrac, saying “KioskTrac is no longer just about being a kiosk.” “Through integration with CasinoTrac, PlayerLINQ, and KTMobile, it now provides a connected engagement experience... Read more » Source
IGT recently announced the debut of Ring of Wealth Holland Casino Anniversary Edition, a customized slot game developed to celebrate Holland Casino’s 50th anniversary. Available for players at each of Holland Casino’s 13 locations in the Netherlands, the slot game features unique Holland Casino symbols and logos on its reels. “IGT Ring of Wealth Holland... Read more » Source
Early data released by researchers from the University of Nevada Las Vegas (UNLV) found that a “high number” of sports bettors in Colorado exhibited signs of serious gambling problems. Shane Kraus, a UNLV psychology professor and lead researcher on the project, said the study used 500 random Coloradans, including gamblers and non-gamblers. According to the... Read more » Source
Seminole Hard Rock Hotel & Casino Hollywood in Florida recently unveiled Zona de Fuego, Florida’s first fully integrated Latin gaming and entertainment experience, during a preview held as part of its Hispanic Heritage Month celebration, My Rhythm. My Flavor. ¡Mi Gente! Salsa music performer Willy Chirino led the celebration at the roulette table during the... Read more » Source
Macquarie’s Chad Beynon on October 7 looked at third-quarter prospects: “Despite macro concerns (inflation/gas prices) as well as prediction market impacts, we remain positive heading into 3Q prints, particularly with gaming stocks down 12/22% in the last month/quarter as median ’26/27 revisions were flat while multiples fell 0.5x. G2E meetings and public data confirm our... Read more » Source
Iowa casinos generated $128.2 million in revenue for September, down 2.6% year over year. The Iowa Racing and Gaming Commission figures show that slots accounted for most of the combined total, down 3.1% year-over-year to $115.9 million, while table games generated $12.3 million, up 1.8%. Of the state’s 19 casinos, Prairie Meadows Racetrack & Casino... Read more » Source
CDC Gaming gets a hands-on demonstration of eConnect’s new ACE platform with Travis Whidden, CTO, exploring how casino operators can use conversational AI to analyze player activity, access operational data and generate reports while keeping sensitive information on-site. 🔷 Ask Your Data Anything: See how ACE lets casino managers explore player activity and operational performance... Read more »
CDC Gaming speaks with Kurt Williams, CEO and Co-Founder of CCT, about automating casino cage, vault and accounting operations, and how smarter cash management is reducing workloads across properties. 🔷 Beyond Spreadsheets: See how CCT replaces manual paperwork with automated processes across casino cages, vaults and revenue accounting. 🔷 Smarter Cash Replenishment: Williams explains how... Read
CDC Gaming gets a first look at Aristocrat’s Buffalo Boom with Lauren O’Brien Kruczynski, Director of Gaming Operations, featuring a new Boom or Bust bonus and expanded Buffalo free game features. 🔷 Boom or Bust: See how players chase multipliers up to 20X while deciding when to collect. 🔷 More Buffalo Action: Lauren demonstrates how... Read more » Source
The Commodity Futures Trading Commission (CFTC) has strengthened its oversight over prediction markets, issuing two proposals that would formally define event contracts as “swaps” under federal law, while prohibiting traditional gambling. The first proposed rule would expand the definition of “swap” to include event contracts, including those tied to cultural events, weather, politics, and sports.
New York gaming regulators are seeking to prohibit sports betting operators from using artificial intelligence to personalize promotions and wagering recommendations in order to protect consumers. The New York State Gaming Commission (NYSGC) unanimously advanced a revised proposal restricting how mobile sports betting licensees use AI, algorithmic profiling, and other automated systems to provide
The typical prediction market customer wants entertainment and innovation and is interested in different topics and what is happening in the world, according to Laila Mintas, founder and CEO of 365 Prediction. She believes they also have the money to put behind their purchases. While Mintas offered her description of the typical customer, Charles Gasparino,... Read more » Source
For Incredible Technologies, this year’s Global Gaming Expo (G2E) in Las Vegas was a breakthrough event. The design and development manufacturer of entertainment hardware and software for the gaming industry had more content than ever at its booth, according to senior product marketing manager Kelsey Reish. “The hardware looks like a step up from our... Read more » Source
Pavilion Payments has announced two key appointments to its executive leadership team, with Mary Beth Higgins being named chief executive officer and Alyssa Beaver promoted to chief revenue officer. Both appointments are effective immediately, the Las Vegas-based company announced Friday. Higgins joined Pavilion as interim CFO, bringing more than 30 years of executive leadership experience... Read
The Michigan Gaming Control Board (MGCB) has issued cease-and-desist letters to 33 offshore gambling operators found to be illegally offering online-casino and sweepstakes-style games and sports betting in the state. In a statement issued Thursday, the MGCB also warned of the risk to players on the state’s self-exclusion programs who are not protected on unlicensed... Read more » Source