Casino and gambling Industry News & Business Insights

By: Grant MitchellNew York Senator Calls for Faster Casino License Application Reviews
The Gaming Facility Location Board (GFLB) is expected to announce the fates of the three casino license applicants by Dec. 1.

By: Grant MitchellNew York Casino Groups Submit Supplemental Applications following MGM’s Withdrawal
Supplemental applications contain additional information on the casino proposals, such as finances, community plans, and revenues projections.

By: Grant MitchellMGM Shockingly Drops Bid for NY Casino, Mayor Declares “Betrayal”
The gaming giant’s application had long been considered a frontrunner for approval since it already maintains a racino in downstate New York.

By: Grant MitchellCalifornia Gov. Newsom Signs Bill to Shut Down Sweepstakes Casinos
Sweepstakes casino operators, supplies, and affiliates are able to be punished under the scope of the law moving forward.

By: Grant MitchellMass. Councilor Calls for Restoration of $3 Million in Casino Funding
Springfield has received the funds since 2015. They have been used on projects such as public safety, transportation, infrastructural maintenance, and more.

By: Grant MitchellKansas Casinos Continue to Grow Year-Over-Year, But Monthly Revenue Drops
According to the Kansas Racing and Gaming Commission’s monthly revenue report, the state’s four casinos generated $33.1 million, a 2.7% YoY increase.

By: Grant MitchellNew York Board Holds First Casino License Application Review Meeting
Eight casino projects went before six-member Community Advisory Committees, each of which was responsible for voting to recommend or reject the proposals.

By: Grant MitchellGolden Gate Casino Fully Eliminates Human Dealers for Electronic Machines
Co-owner Derek Stevens said that the sharp deviation from the casino’s rich history began during COVID but only recently gained media attention.

By: Grant MitchellOhio Casino Control Commission Sued by Kalshi for Threatening its Business
The company states that it would suffer financial and reputational damage if potential business partners “with millions of active users” adhered to the OCCC’s warning.

By: Grant MitchellPedestrian Struck by Two Vehicles, Killed Near Ohio Casino
A nearby employee said that there was reasonable concern for the safety of pedestrians in the area due to the lack of infrastructure.