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January 25, 2013
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Gaming News By the Industry, For the Industry

  Top of the Deck 
  • Mass. commission outlines timetable for slots parlor licensing process
    Members of the Massachusetts Gaming Commission said they expect to complete background checks on slots parlor license applicants by May. "These are aggressive timetables to complete investigations. We could be looking for early May for slots and late May or June for Category 1," Commissioner Gayle Cameron said. The panel expects to award the license for the sole slots parlor in the state by fall. Taunton Daily Gazette (Mass.) (1/24) LinkedInFacebookTwitterEmail this Story
  Industry Update 
  • Las Vegas Sands ramps up efforts to fight money laundering
    Las Vegas Sands President Mike Leven said the company is overhauling its compliance functions to combat money laundering. "The world is changing. There are more people in government concerned about procedures. There are more international funds moving around and more stress about where the money comes from and where it's going," Leven said. The Wall Street Journal (1/24), Reuters (1/24) LinkedInFacebookTwitterEmail this Story
  Issues, Trends & Technology 
  • Iowa city council weighs 2 casino options
    The Davenport, Iowa, City Council heard two proposals for a casino, one for an interstate facility and one for a downtown location. Aldermen seemed more in favor of the interstate proposal, which would bring in about $91.3 million in gaming revenue and $11 million in net revenue. It could also draw retail to the area. The downtown proposal would generate about $67.2 million in gaming revenue and $10.5 million in net revenue and would offer less opportunity for expansion. Quad-City Times (Davenport, Iowa) (1/23) LinkedInFacebookTwitterEmail this Story
  • Speaker of Assembly could support placing casino in NYC
    New York State Assembly Speaker Sheldon Silver said he would support placing casinos in some parts of New York City but continues to oppose a Las Vegas-style casino in Manhattan. "There are [less densely populated] parts of the city that would qualify for that. Manhattan would not, for example. Central Brooklyn would not. Central Queens would not. But there are places that can qualify as destinations within the city, whether it's Willets Point or Aqueduct or Coney Island," Silver said. The New York Times (tiered subscription model)/City Room blog (1/24) LinkedInFacebookTwitterEmail this Story
  • Analyst: N.J. online gambling is Atlantic City's "lifeline"
    Wells Fargo Securities gaming analyst Dennis Farrell Jr. called New Jersey's online gaming legislation "a lifeline" for Atlantic City casinos in a research report. "We believe the size of the online market could be almost half of the existing New Jersey gaming market's revenue. Online gaming sites operated by state casino operators will lead to job creation and drive visitation to Atlantic City," Farrell said. Las Vegas Review-Journal (1/24) LinkedInFacebookTwitterEmail this Story
  AGA & G2E News 
  • Part of responsible gaming is understanding the odds
    Whether you play slots, craps, blackjack, roulette or any other game in a casino, it is important to remember that games of chance are based on random outcomes and always favor the casino. Understanding this fact is an important part of responsible gaming. Learn more about the "house advantage" here, and pass the information on to your patrons and employees. LinkedInFacebookTwitterEmail this Story
  • G2E Asia 2013 exhibitor spotlight: IndigoVision
    IndigoVision is a leading manufacturer of end-to-end IP video security solutions. In the casino market, more than 40 gaming properties worldwide use a fully digital matrix IP video surveillance system from IndigoVision. These enterprise class systems are used to monitor cheating, theft and fraud on the gaming floors and other areas of the casino resorts. These systems improve operational efficiency, enhance public safety and enable timely emergency response. For more information on IndigoVision, please visit IndigoVision will exhibit at G2E Asia 2013 May 21-23 at The Venetian Macao. LinkedInFacebookTwitterEmail this Story
Learn more about AGA & G2E ->American Gaming Association  |  National Center for Responsible Gaming
Global Gaming Expo (G2E)  |  G2E Asia

In youth we learn; in age we understand."
--Marie von Ebner-Eschenbach,
Austrian writer

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