Industry News
Gaming
Top stories summarized by our editors
7/27/2020

Token wagering, social casino spending and real-money gaming in video games -- which aren't regulated -- have been strongly linked to problem gaming in a study from the University of York. In social casinos, for example, "you can spend real money in them, and the only thing that stops them being regulated as proper gambling is that winnings cannot be converted into cash," study author David Zendle says.

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ScienceDaily
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University of York
7/27/2020

DraftKings and back-end services provider Kambi Group will part ways on Sept. 30 as the sports betting operating shifts to the SBTech platform. "We appreciate the efforts (Kambi Group officials) have made, and will continue to make, in helping to ensure a smooth migration for us as we move on to our own platform," DraftKings' Paul Liberman says.

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Gambling News
7/27/2020

Oklahoma Gov. Kevin Stitt's dispute with the state's tribes over whether gaming compacts expired in December has led to several lawsuits, with the state incurring legal fees of more than $1.5 million. "In each instance, Gov. Stitt was sued by other parties and was forced to hire outside counsel because the Attorney General's office, which would normally represent the State in such a case, declined to represent the governor and the state in the tribal litigation in state and federal court," Baylee Lakey, the governor's communications director, said.

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Tulsa World (Okla.)
7/27/2020

MGM Resorts International's new safety plan is designed to make checking in and other hotel experiences seem as normal as possible for guests who prefer it that way. Many new contactless options are available, but employees can offer a more traditional experience, albeit with social distancing, as well.

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TravelPulse
7/20/2020

Many casinos in Nevada have reopened despite an employee's death, 123 visitors to the state recently testing positive for coronavirus and the White House deeming the state a "red zone" for the virus. "We've been completely overwhelmed with COVID-19 patients, and our hospital is running out of space," one Las Vegas emergency room doctor says.

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White House
7/20/2020

Marina Bay Sands, owned by Sheldon Adelson, will pay Wang Xi $6.5 million and allow him back into its establishments if he follows the rules. This would settle the lawsuit the Chinese player brought after the casino reportedly sent those winnings to other patrons without his approval.

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Sheldon Adelson
7/20/2020

The Philippines expected to benefit from the closures of Las Vegas and Macau casinos with more online-casino traffic. But the closure of its own brick-and-mortar casinos and now many online casinos may lead to an exodus of migrant casino workers that could have a domino effect on real estate and housing.

7/20/2020

Legal sports betting is quickly becoming even more mainstream as operators focus on a stronger brick-and-mortar presence, such as BetMGM's stadium-based arrangement with the Denver Broncos. Idaho, Utah and Wisconsin are the only states without sports betting legalized or under consideration.

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The Motley Fool
7/20/2020

Federal lawmakers provided the 573 tribes in the US with $8 billion in assistance to help with issues stemming from the coronavirus, but Native Americans as a group really need at least $40 billion in relief, Deron Marquez and Ted Gover of the Tribal Administration Program say. Impoverished, often remote Native Americans have suffered heavily from the virus' effects, and their reliance on casinos for a substantial portion of their income has been battered by necessary closures.

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The Hill
7/13/2020

Nevada casinos and hotels aren't required to reveal to the public how many workers or guests have contracted the coronavirus, though they must follow state health guidelines for informing people who may have been exposed to someone who's tested positive. Various lawsuits filed by employees saying their employers haven't done enough in terms of workplace safeguards are moving through the courts.

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