Legislation set to lower casino taxes in Chicago | Caesars properties in Atlantic City reopen | Red Rock Resorts president passes away
July 6, 2020
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Legislation set to lower casino taxes in Chicago
(Pixabay)
After a Union Gaming study conducted last August had difficulty showing any economical viability for casinos in Illinois, lawmakers decided to make changes. Gov. J.B. Pritzker has put his signature to legislation that should make the Windy City more attractive for casino operators by lowering the taxes on gross gaming revenue owed by a Chicago casino.
Full Story: CalvinAyre (7/2) 
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Gaming Industry News
Innovations and Trends
As Las Vegas resort pools reopen under the second phase of Nevada's reopening plan, safety measures are being implemented to keep guests and staff safe including QR-code food and drink menus, mask requirements and group restrictions. However, many guests have witnessed guidelines ignored as large crowds fill pools and congregate around them.
Full Story: Las Vegas Review-Journal (tiered subscription model) (7/3) 
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    International Gaming
    The casino resort being built at Australia's Queen's Wharf Brisbane is proceeding as planned and has secured $1.1 billion in financing. The project includes a trio of hotel towers in addition to residential space.
    Full Story: GGRAsia (Macao) (7/2) 
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    Online and Social Gaming
    The Michigan Gaming Control Board (MGCB) has begun accepting online gaming and sports betting operator license applications and cleared casino's online technology partners to submit vendor registration applications. MGCB Executive Director Richard Kalm says the state expects to launch online betting and gaming later this year or early next year.
    Full Story: CalvinAyre (7/2) 
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    Sports Betting
    Due to incorrect start times published for Korean and Chinese baseball games, approximately 50 bets were placed after the sporting events had started, reports ESPN. Seven longtime bookmakers can't recall a larger loss in Las Vegas history, as the winning wagers placed June 28 at MGM Resorts amounted to almost $250,000.
    Full Story: The Independent (London) (tiered subscription model) (7/5),  Las Vegas Review-Journal (tiered subscription model) (7/2) 
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    Tribal Gaming
    Oklahoma Governor Kevin Stitt has signed new gaming compacts with the Kialegee Tribal Town and Keetoowah Band of Cherokee Indians to promote economic development. However, the Oklahoma Indian Gaming Association is challenging the legality of the compacts, claiming the governor has violated state law.
    Full Story: The Oklahoman (Oklahoma City) (tiered subscription model) (7/3) 
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    Hospitality Trends
    What changes are in the future for hotels?
    (Chris Jackson/Getty Images)
    Hotels are making changes so that they can continue to operate during the pandemic, and some of those changes may continue afterward. Hotels will likely have larger rooms, exercise bikes in each room, as well as no more minibars or extra linens.
    Full Story: Forbes (7/5) 
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