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A Look At US casinos of the future

Monday, April 25, 2016 : RESEARCH FIRM PREDICTS A NEW CASINO FUTURE
 
Casinos will offer different variations on gambling.
 
US casinos of the future will probably offer a wide range of gambling variants that include skill-based slot machines, online gambling, sports betting, fantasy sports and eSports arenas and wagering facilities, the research company Rubin Brown predicts in its new report "Gaming Statistics", based on statistical data from the industry.
 
Gaming practice leader Daniel Holmes, told the publication Players Advantage that in 2015, gamblers lost more than $71 billion at commercial and tribal casinos, state-sanctioned online gaming and what RubinBrown calls the “limited-stakes gaming” in the highest total yet for the industry win, and the sixth straight year of growth.
 
The report attributes the performance to continued organic growth rather than new markets and regional expansion, allied to an expanding job market and lower fuel prices...and it expects the trend to continue.
 
His findings are supported by new figures from the Center for Gaming Research at University of Nevada, which reports that gambling revenue in 20 states with commercial casinos for January and February this year was up by 4.1 percent from 2015.
 
Commercial casinos account for about 54 percent of the gambling industry's revenue, RubinBrown says; tribal casinos contribute 41 percent, with limited-stakes gaming providing 4 percent and the nascent online-gaming market kicking in less than a half-percent.
 
Holmes is less sanguine about the chances for online poker legalisation in California, due he says to the competing factions there. He says Pennsylvania might be quicker to approve online gambling because it is near two states already offering it (Delaware and New Jersey) and has been “very aggressive and welcoming” to legalised gambling over the past decade.
 
Skill based slots will be a feature in the future, and have already been approved by regulators in Nevada and New Jersey, and a proposal is being considered by Pennsylvania, he notes.
 
These and other game and technology developments are driving the gaming industry through a period of change, and operators will have to offer far more than a "row of slots, row of tables and then a buffet at the back.”
 
The RubinBrown report rabks land gambling cities by revenue, with the top five listed as:
 
Las Vegas Strip: $6.35 billion
 
Atlantic City: $2.41 billion
 
Chicago: $1.97 billion
 
New York City: $1.39 billion
 
Detroit: $1.38 billion

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Gambling News :

HeyPoker Closing - The operator is licensed by the UK Gambling Commission and the Malta Gaming Authority, with the registering company listed as Evoke Gaming Ltd.

Can Jack Lam Make Things Right in Philippines - Lam will no doubt seriously consider the offer, having lost access to his Philippines businesses and with charges of attempted bribery and "economic sabotage" and an arrest warrant hanging over his head .

PPA Wants pre-emptive strike against RAWA - It's not just civic associations that are warning against the introduction of a federal ban on online gambling in a denial of states' rights . The Poker Players Alliance action group has begun mustering its over a million US members in a campaign as well.

UK Wants Fixed Odds Betting Terminals Changes - The group, titled FOBT All-Party Parliamentary Group plans to release its full report early in the new year, but for now has claimed that changes to FOBT regulations could help in reducing "associated crime" and problem gambling.

Sportech Wins 8 Year Old VAT case - An eight-year long, GBP 97 million VAT repayment claim dispute between Sportech PLC and HM Revenue and Customs (HMRC) has come to an end with the Supreme Court refusing HMRC permission to appeal a previous Court of Appeal ruling.

2017 MPN Poker Tour - Main Event packages, worth 1,500, are available online and players can qualify via any of the MPN participating card rooms through a variety of satellites, with buy-ins starting as low as 0.25. Each 1,500 package includes:

Realistic Games in deal with Kindred Group - The UK-based online gambling games developer Realistic Games has signed a deal to supply its games to online operator Kindred Group, parent company of quality brands that include Unibet, Stan James and Maria Casino.

Opposition to Anti Online Gambling Bill in Congress Lame Duck Session - Action groups appeal to House Appropriations Subcommittee to ensure that RAWA style language is not attached to unrelated spending bill.

DFS banning bill Introduced in Illinois - The legislative season in Illinois may be drawing to a close, but that hasn't stopped a new bid to ban daily fantasy sports from being assigned to the House Executive Committee; whether there is sufficient time to pass the bill is a matter for speculation.

Cambodia To More Closely Control Online Gambling - Cambodia, where online #gambling is operated by licensed land casinos alone, and Cambodian punters are banned from participating, is to tighten monitoring, control and management of the activity by setting up a centralized server, a Ministry of the Economy official revealed this week in a media interview.

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