Legalization of Sports Betting Being Discussed in California

It’s been over a year since the Supreme Court lifted the ban on sports betting which opened the option for states to legalize it. States around the country have been taking advantage of the new opportunity since the decision was made in 2018. California is the latest to begin talks on legalizing sports betting as state lawmakers held a preliminary hearing in regards to it.

A Man Stands in Front of a Sportsbook

The push for legalized sports betting was made by Senator Bill Dodd with added support from Assemblyman Adam Gray. In the past, Gray has made unsuccessful attempts to try to get an amendment made to the constitution which allows sports betting. That amendment would need to be passed before California can join the other states where sports betting is legal.

Native American Tribes Pushing for Sports Betting

A coalition of Native American tribes is also pushing for sports betting in California to become legalized. On the heels of Assemblyman Gray and Senator Dodd’s filing of the proposed bill, the coalition filed their own paperwork in favor of legalization.

In June of 2018, it looked like the political influence the tribes held would halt the proposed bill immediately. A case was brought against the state of California and Governor Jerry Brown regarding illegal card rooms that the tribes held exclusive rights over. However, several tribes are now supporting the initiative.

The Bill Has Mainstream Support

The Sacramento Kings of the NBA are among some of the top names in professional sports that are in strong support of the California bill being passed. People in the horse racing industry are also big proponents of enabling sports wagering in California. In the past, many sports leagues were in direct opposition to the legalization of sports betting citing that it would undermine the integrity of the games being played.

Now, as more and more states are legalizing sports betting, some sports leagues are in favor of the proposed changed with one caveat. They’ve suggested that “integrity fees” be added to the bill. In other words, they’re suggesting that any wagers become taxed. Still, having names like the Sacramento Kings backing the bill can only help the initiative as it moves forward.

Which States Have Legal Sports Betting?

Nevada is the most well-known gambling state in the U.S. and sports betting has been legal there for decades. Other states with legalized gambling include Oregon, Arkansas, Delaware, Indiana, Iowa, Mississippi, New Jersey, New Mexico, New York, Pennsylvania, Rhode Island, and West Virginia.

Several other states have either recently legalized sports betting or are very close to it. This includes Colorado, Maine, Montana, Tennessee, Michigan, New Hampshire, North Carolina, Illinois, and Washington D.C.

Legalized sports betting is growing but it will still take time and patience before it is seen in every state.

Rumors of a Las Vegas Tropicana Sale Are Circulating

Over the past year, several of the biggest and most popular hotel-casinos in Las Vegas have been sold. Many companies are now focused on selling properties and reinvesting the money earned into new properties domestically and abroad. This week, rumors of a Las Vegas Tropicana sale began to circulate.

Tropicana Las Vegas

As of now, these are still just rumors. Penn National Gaming, which owns the hotel-casino, has not officially confirmed this sale. Today, we’re going to talk about the history of this popular venue, and why it could soon be sold.

Let’s get into it!

History of the Tropicana Las Vegas Hotel & Casino

For decades, the Tropicana in Las Vegas has been a popular venue for tourists looking to save a little money. Its prices are fantastic, yet the hotel still offers a fantastic casino floor and some solid amenities. It’s impressive, considering it’s been around since 1957.

Back in 1955, Ben Jaffe came up with plans to open a new venue on the Las Vegas Strip. Before long, construction began on this venue and in 1957, it officially opened up. Over the first few years of opening, this property changed hands several times. Las Vegas city officials raised concerns that the owners had ties to organized crime.

By the 1970s, the Tropicana Las Vegas was struggling financially. Major hotel-casinos such as Caesars Palace were attracting the majority of visitors. By 1978, mob activities once again took over Tropicana.

Columbia Sussex acquired Aztar, which owned Tropicana Las Vegas, in 2007. The company then announced a massive $2 billion renovation which was scheduled to be completed in 2010. The financial crisis eventually put a hold on these plans.

In August of 2015, Penn National Gaming purchased this hotel-casino for $360 million. Hope was that this company could finally turn things around. It now appears another sale is on the horizon. Rumors of a Las Vegas Tropicana sale have been circulating for the past few days.

Is the Las Vegas Tropicana Sale Taking Place in 2020?

This isn’t the first time people have speculated about a Las Vegas Tropicana sale. This hotel-casino continues to struggle against some of the other, larger venues in the city. Rumors of this sale first appeared back in October.

This week, Vital Vegas announced that the sale was nearing completion. Officials within Penn National Gaming refused to comment on the rumors. Nevertheless, many are claiming that this sale will be completed sometime in 2020.

If this sale is completed, it will be the first Las Vegas Strip venue sale of 2020. As we already mentioned, Penn National acquired the property in 2015 for $360 million. Analysts claim that the company could earn $700 million from a Las Vegas Tropicana sale.

It’s still unclear which company will purchase this venue. Several major companies have expressed interest in acquiring a Las Vegas Strip property.

Penn National Gaming is still dealing with billions of dollars in liabilities. Selling the Tropicana could help to put a serious dent in this debt. We’ll need to wait and see whether or not the company decides to officially put this venue on the market.

More Las Vegas Strip Properties Are Coming in 2020

The Las Vegas Tropicana sale seems highly likely for 2020. This is probably not going to be the only Las Vegas Strip sale taking place this year. Based on the way things have been going, there will be several more of these sales that take place in 2020.

MGM Resorts International is still considering more property sales. Last year, this company sold both Circus Circus and The Bellagio. The latter earned the company $4.2 billion, making it the largest hotel-casino sale in Las Vegas history.

Officials within MGM Resorts claim they are interested in putting more of their major venues up for sale soon. This company is focused hard on breaking into Japan. In order to do this, the company needs capital and property sales are the best way to acquire the money.

The Las Vegas Strip is changing fast. Over the next few years, several brand new hotel-casinos will open here. It’s an exciting time for locals and tourists in the city.

Stay tuned for more Las Vegas casino news over the next few months!

Will Tribal Gambling in Oklahoma Be Made Illegal in 2020?

For years, Oklahoma has boasted one of the largest Native American tribal casino markets in the world. A huge number of tribal casinos are operating here, yet they’re in danger of soon being banned. Many are now wondering whether or not tribal gambling in Oklahoma will be made illegal next year.

Governor Kevin Stitt

Oklahoma’s governor is making it clear that he’s against the gambling industry. Today, we’re going to look at exactly why casino gambling could be made illegal here. We’ll also talk about the chances of this happening in 2020.

Let’s get into it!

Oklahoma Lawmakers Continue to Fight With Tribes

As we just mentioned, Oklahoma has a long and rich history of gambling regulation. In the 1980s, lawmakers here began allowing horse race gambling and Class II casino gambling options. It was a major step forward, as in the past, state officials banned almost all forms of traditional gambling.

Unfortunately, these officials seemed unwilling to legalize real casino gambling. Class III games, which include table games and slot machines, were banned for years. In 2000, lawmakers here finally entered into negotiations with tribes over this subject.

In 2004, Class III gambling was officially legalized in Oklahoma. This breathed new life in the state’s gambling industry. Almost immediately after this legalization, a huge number of tribes began immediately pushing to open new gambling venues. Online casinos in Oklahoma remain unregulated but are hugely popular.

The state began benefiting from this industry right away. Hundreds of millions of dollars started flowing into the state. These casinos attracted many visitors from nearby states such as Texas.

Unfortunately, Governor Kevin Stitt may end up killing the state’s gambling industry. Tribal gambling in Oklahoma could actually become illegal soon.

Kevin Stitt is Fighting Against Tribal Gambling in Oklahoma

Native American tribes in Oklahoma have been fighting with certain state lawmakers for months. It all stems from a disagreement with the state’s gambling compacts. Initially, the state granted tribes here a 15-year contract to offer Class III gambling options.

Under this contract, the tribes agreed to pay the state a certain amount of their revenue via taxes. The 15-year contracts are now expired, and Kevin Stitt believes that it’s time to renegotiate the terms of the agreement. The tribes in this state disagree.

It’s become a serious issue. Tribal leaders are under the impression that the 15-year agreement auto-renews. They are continuing to operate in the same way they have for the past decade and a half.

Stitt wants to see the tribes start paying more money to the state. Until this happens, he argues, these tribes are operating illegally. It’s a complicated issue with no real end in sight.

Not long ago, it appeared that the tribes and lawmakers were ready to negotiate. Unfortunately, these negotiations seem to have fallen through. Now, many of these tribes here are taking legal action against Governor Stitt.

Tribes Officially Sue Kevin Stitt Over Casino Dispute

Kevin Stitt isn’t backing down. He maintains that the state deserves more money from its legal casino gambling options. To their credit, the tribes aren’t backing down, either.

This week, the three most powerful tribes in the state officially filed a lawsuit against Governor Stitt. The Cherokee, Chickasaw, and Choctaw tribes are all taking legal action against the governor for not renewing the gambling compacts. The tribes all claim that they’ve met all the requirements to obtain new gambling licenses.

Chuck Hoskin, the Cherokee Nation Chief, commented on why these lawsuits are now taking place.

“For some time, we have tried to establish meaningful intergovernmental engagement regarding our gaming compacts, but you have continued to reject our compacts’ plain terms,” he said. “Recently, you have gone further, stating allegations against us and threats to our operations.”

Stitt is telling the media that he’s still open to negotiations. Until this takes place, he maintains that Class III gambling is illegal here.

Tribal gambling in Oklahoma is still available, despite its legality sitting in a grey area. Make sure to stay tuned for more updates on this situation over the next few months!

US Sports Betting Revenue in 2019 Reached Record Levels

The popularity of sports betting is surging around the United States right now. Today, a huge number of states have legalized this industry. New reports indicate that US sports betting revenue in 2019 hit record levels.Sports Betting

It’s incredible, especially considering how new this industry is in the US. Today, we’re going to look at which states are profiting the most from legal sports gambling. We’ll also discuss where this industry is headed in 2020.

Let’s get into it!

More States Continue to Legalize Sports Gambling

For many years, sports betting was almost completely unavailable in the US. Only Nevada, which set laws on this form of gambling decades ago, was legally able to offer sports gambling options. In May of 2018, this all changed.

That month, the US Supreme Court decided to strike down PASPA. This immediately gave every state in the country the ability to set its own laws on sports gambling. Several states almost immediately decided to legalize sports betting after PASPA was removed.

New Jersey instantly began earning money from this industry. Both land-based and online sports betting are available in this state. Many individuals from nearby New York would make the trip into New Jersey specifically to make sports wagers.

Today, 21 states have decided to legalize this form of gambling. Even states with harsh laws on gambling such as North Carolina have made sports betting legal. Lawmakers in these states recognize how much money can be earned with legal sports betting options.

Over the next few years, it’s likely that almost every state in the country will begin offering legal sports gambling options. There is simply too much money from this industry for states to ignore. US sports betting revenue in 2019 exploded and is likely to continue in 2020.

US Sports Betting Revenue in 2019 Reaches New Heights

It’s clear that sports gambling is growing more popular every single month. It’s also incredible to see so many states embracing this industry. This week, for example, New Hampshire officially legalized sports gambling.

2019 is now over, and revenue reports for the year are beginning to surface. According to some of these reports, US sports betting revenue in 2019 hit new levels. More than $11 billion was spent on sports wagers in the country. Overall, more than $15 billion has been placed on sports bets in the country.

In terms of actual revenue, licensed bookmakers in the country earned more than $750 million. During the summer months, there was an average of $700 million being wagered on sports. It’s an astounding statistic that shows just how fast the US market has grown.

Initially, US sportsbooks planned to retain around a 5% margin on all bets placed. In reality, this number was closer to 7%.

Things aren’t slowing down, either. We’re now less than two months away from the 2020 Super Bowl. Based on the way things are moving, this will be the most-wagered on sporting event of all time.

2020 Will Be a Massive Year for the US Sports Betting Industry

It’s great to see US sports betting revenue in 2019 increase so much. A huge number of European sports betting operators are now attempting to break into this market. Some, such as William Hill, are now available in several different states.

2020 will be an absolutely massive year for the US sports betting industry. Many more states are likely to legalize this industry. There’s even a chance that California decides to make sports gambling legal.

At the moment, California lawmakers are debating with Native American tribes over sports betting regulations. These tribes want to ensure that sports betting becomes legal inside their casinos. They also want to ensure that revenue from this industry goes into their hands.

Hopefully, California is able to make this industry legal. More states such as Maine and Massachusetts will almost certainly open their betting markets.

US sports betting revenue in 2019 increased dramatically. It seems highly likely that revenue will increase even more in 2020. Make sure to stay tuned for more US sports betting news over the next few months!

The Sportsbook at Circus Circus is About to Improve

Not long ago, MGM Resorts International officially sold Circus Circus. Since that time, the new owner has claimed he wants to significantly upgrade the property. Recent reports indicate that the sportsbook at Circus Circus is set to improve dramatically.

Circus Circus Hotel-Resort

It’s extremely exciting news for fans of this venue. The new sportsbook is expected to be fantastic. Today, we’re going to take a quick look at why this property was sold, and how it may change in 2020.

Let’s get into it!

The Sale of Circus Circus is Officially Complete

Las Vegas is home to many of the biggest and best casino-resorts in the world. Some of these venues have been open for decades. Others are fairly new. Circus Circus first opened its doors to the public in 1968. Years ago, MGM Resorts International acquired this venue.

For a time, this was a popular hotel-casino that attracted visitors from around the country. Over the past few decades, however, the popularity of Circus Circus has declined. It’s gone through very little renovations and does not offer nearly as many amenities as most other hotel-casinos in the city.

The location of Circus Circus also leaves a lot to be desired. It’s in the northern area of the Las Vegas Strip, which has struggled to attract tourists. Officials within MGM Resorts eventually decided that it was time to sell this property.

Surprisingly, it didn’t take long for MGM to find a buyer. Phil Ruffin immediately expressed his desire to purchase the hotel-casino. He eventually agreed to purchase Circus Circus for $825 million.

Not long ago, members of the Las Vegas Gaming Commission officially approved this sale. Now, Mr. Ruffin can begin to officially come up with new plans for this venue. It now appears that he’s interested in upgrading the sportsbook at Circus Circus. Will this help to bring in more visitors?

Plans to Improve the Sportsbook at Circus Circus Are Announced

Not long after Ruffin purchased Circus Circus, he teamed up with William Hill to operate the casino’s sportsbook. William Hill is one of the largest sports betting operators in the world. It’s based in the UK, yet it’s begun to push heavily into the US market over the past year.

This week, William Hill announced its plans to upgrade the sportsbook at Circus Circus. Joe Asher, CEO of William Hill US, claims the improvements will come after the Super Bowl in February of 2020. He spoke to the media and claimed that the improvements will help to bring new life to the Strip’s northern area.

“The north end of the Strip has so many new and updated offerings opening over the next few years and we’re excited to plant another flag in this part of town,” Asher said.

The upgrades to this sportsbook include updated video screens, odds boards, and direct access to William Hill’s mobile betting application. It will be one of the largest changes to this sportsbook since its opening.

The new sportsbook at Circus Circus will certainly help this venue. It’s been criticized in the past for its outdated amenities. Hopefully, more people begin choosing to stay and gamble here.

The Northern Las Vegas Strip is About to Get Better

As we already mentioned, the northern area of Las Vegas has struggled over the past couple of decades. Many of the city’s most impressive venues are located in the central area. Fewer individuals are now choosing to stay in the north.

This may be changing soon, though. Several impressive projects are underway in the northern Las Vegas Strip that will have a major impact. This includes the upgrades to the sportsbook at Circus Circus.

The biggest project here is called Resorts World Las Vegas. This is a massive casino-resort being constructed by the Genting Group. It’s costing more than $4.3 billion to construct, making it the most expensive hotel-casino ever built in the city.

Resorts World is expected to be incredible. Many believe it will completely transform the northern area of the Strip. Resorts World will finally open to the public in 2021.

It’s an exciting time for both locals and tourists in this city. We’ll need to wait and see how much this city changes once Resorts World is built. Stay tuned for updates over the next few months!

Atlantic City’s New Year Celebrations Sound Incredible

2019 is just about to wrap up. Many on the East Coast are now trying to decide how to spend New Year’s Eve. From what we’re hearing, Atlantic City’s New Year celebrations are going to be incredible. Anyone in the area should check them out! Fireworks Show

Atlantic City is having a fantastic year. Gambling venues here have experienced revenue gains almost every single month. Today, we’re going to take a look at what’s happening in this city right now.

Gambling Revenue in Atlantic City Continues to Increase

Over the past year, we’ve reported on the rising revenue earnings in Atlantic City. For almost every month of the year, gambling venues here have experienced rising gambling earnings. Much of this is thanks to the legalization of sports betting.

In May of 2018, the US Supreme Court officially struck down PASPA. This gave every state the ability to legalize sports betting. Almost immediately afterward, officials in New Jersey announced that sports betting was being made legal here.

Both land-based and online sports betting are now legal here. It’s proved to be a highly profitable industry. A huge number of sports bets have already been placed here. At times, sports betting revenue in Atlantic City surpassed the revenue earned in Las Vegas.

Casino revenue has been surging here, as well. Some of the casinos are earning considerably more than others. The Borgata Hotel & Casino continuously earns the most money in Atlantic City.

The year is coming to an end and overall, it was a great one for gambling venues in the city. Atlantic City’s New Year celebrations sound amazing.

Here Are Some Of Atlantic City’s New Year Celebrations

It’s not surprising to see Atlantic City gearing up for a major New Year’s Eve. This city is known for putting on a good party. After such a successful year, it makes sense for casinos here to put on something special.

Atlantic City’s New Year celebrations are kicking off tomorrow! Several major casinos here are offering their customers some fantastic deals. The discounts being offered change from casino to casino.

Interestingly, many of the celebrations are catering primarily to loyal gamblers. Casinos in the city want to reward those who are considered “regulars” with a night to remember. This year, visitors here can expect fireworks, live music, catered food, and more.

The Hard Rock Hotel & Casino is putting on one of the most exciting events of the holiday. Here, guests can purchase the “Rock n’ Roller Package” for $2020. It’s expensive, yet it comes with an ocean-view suite, a custom Fender guitar, champagne and strawberries, a couples massage, and a private dinner with wine pairing.

It’s an extremely exciting time to visit. Atlantic City’s New Year celebrations are expected to be fantastic. If you’re in the area and want something to do, feel free to stop by for a visit!

Will 2020 Be As Successful for Atlantic City?

There is certainly reason to believe so. For almost all of 2019, the city has experienced a massive surge in gambling revenue. Based on the way things are heading, 2020 will be an even more successful month.

Even during the wintertime, gambling revenue is increasing here. In November, for example, casino revenue came to $223,943,722. That’s considerably more than casinos here made just a few years ago.

Of course, competition is increasing around the country. In nearby New York, lawmakers are working to open new forms of gambling. Sports betting is now legal in New York and more casinos are set to open here over the past few years.

In time, Atlantic City could grow to become the hottest gambling destination in the country. Many casinos are undergoing renovations here. A huge number of major US casino companies are investing money here, too.

Atlantic City’s New Year celebrations are expected to be fantastic. Stay tuned for more New Jersey casino news over the next few months!

What’s Happening in Vegas? December 29 – January 4

There’s always something exciting happening in Las Vegas. More entertainment options are available in this city than anywhere else in the world.

What's Happening in Vegas Banner

Here’s a quick look at what happens in Las Vegas over the next few days:

Sunday: December 29th

Diplo

One of the hottest names in music right now is set to perform inside the XS Nightclub on Sunday. Diplo has released several major hits over the years including “Revolution.” He’s performed alongside legendary artists such as Major Lazer and Skrillex, yet on Sunday he’ll be holding things down by himself.

XS Nightclub is one of the best venues to watch musicians perform live. It’s located within Wynn Resorts Las Vegas and has hosted a huge number of world-class artists. If you’re in town, make sure to check out Diplo’s performance! Tickets can be purchased starting at just $30.

Tuesday: December 31st

Calvin Harris

Speaking of famous musicians, Calvin Harris is performing his New Year’s Eve set inside Omnia Las Vegas this Tuesday night! Harris is without a doubt one of the most famous EDM musicians in the world today. There’s no better way to kick off 2020 than inside a Las Vegas nightclub listening to some of the best electronic music in the world.

If you’re looking for a fun way to cap off the decade, this is it. Incredibly, tickets are still available. Prices to see Harris inside Omnia are starting at around $150.

High Roller NYE

Want to celebrate the New Year but don’t enjoy nightclubs? Consider checking out the High Roller NYE celebration at The High Roller. Here, guests have an incredible view of the Las Vegas fireworks show from above. Drinks are also included.

This massive Ferris wheel is located inside The LINQ. It’s larger than both the London Eye and Singapore Flyer. As the name suggests, this is one for those with some money to spare. Tickets are currently available for $350.

Thursday: January 2nd

Flyers vs. Golden Knights

Just because New Year’s Eve wraps up doesn’t mean the fun stops in Las Vegas! On Thursday, the Golden Knights will be taking on the Philadelphia Flyers in what should be a highly competitive matchup. A huge number of fans should already be in town for the celebrations and this game’s atmosphere should be electric.

It’s taking place inside the T-Mobile arena and begins at 7 pm. Tickets to see the first home game of 2020 are still available. Seat prices are starting at just $98.

Friday: January 3rd – Saturday: January 4th

The Fortress Invitational

On Friday and Saturday, some of the best collegiate ice hockey teams in the country are competing in The Fortress Invitational. Ohio State, Westpoint, Cornell, and Providence will all be looking to secure the invitational trophy. It’s anyone’s guess which team will reign supreme.

Some fans claim that college hockey is more entertaining than the NHL. If you want to check out the action for yourself, head over to the T-Mobile Arena. Tickets are still available for just $30.

Have a fantastic New Year’s Eve, and enjoy the celebrations in beautiful Las Vegas!

More Casinos in Arkansas Set to Open in 2020

Arkansas’ casino industry has been undergoing some major changes. Several Native American tribes in the state have been pushing to open new gambling venues here. More casinos in Arkansas are now set to open in 2020.Arkansas

The state is dealing with several issues right now. One area, in particular, has been at the center of debate between two different tribes that believe they should be granted a gambling license. Today, we’re going to look at what exactly is happening in Arkansas right now.

Let’s get into it!

Arkansas’ Gambling Industry is Growing

Arkansas isn’t typically thought of as the gambling hub of the United States. To date, only a few gambling venues have opened up here. The state does not allow privately-run casinos to operate here, meaning only Native American tribes have permission to run these venues.

Recently, however, many individuals have looked at Arkansas as a hot casino market. There are several neighboring states that currently ban this form of wagering. That means that many individuals in these states may make the trip to Arkansas in order to gamble.

Some of the Native American tribes in Arkansas realize this, as well. Over the past few months, many of these tribes have begun pushing to open more casinos in Arkansas. In Pope County, a debate is raging over which tribe should be granted a casino to operate a casino here.

It’s an interesting time to be a gambling fan in this state. Never before have so many tribes pushed to operate gambling venues here.

Construction is currently taking place on one major new gambling venue in the state. This week, we were given an update on when this casino will open.

Quapaw Nation Casino Set to Open in June of 2020

In April, lawmakers in Arkansas passed a law that greatly expanded the number of gambling options casinos in the state could offer. This breathed new life into Arkansas’ casino industry. Before long, many tribes here began requesting permission to construct entirely new casinos.

Earlier this year, the Quapaw Nation was given permission to open one of these venues. For the past few months, construction of this new gambling venue has been taking place. According to new reports, it’s set to open in June of 2020.

A massive crew of workers has been pushing to get this 500,000 square-foot casino-resort opened by the proposed date. Once it’s completed, the casino will feature more than 2,000 slot machines, 50 table games and several exciting amenities including a spa, theater, and several restaurants.

Allen Dixon, a construction supervisor on the project, commented on what’s taking place to the media this week.

“We’re doing the mechanical piping underground for the chillers, and we need to be out of the way for a crew to come in and pour concrete on the 30th,” he said. 

It’s exciting news. When this venue finally opens, it will become the biggest and best gambling establishment in the state.

Debate Around Pope County Casino License Continues

As we’ve already mentioned, many of Arkansas’ tribes are working to obtain a casino license. For months, two major tribes have been seeking to obtain a casino license in Pope County. This is in the north-west area of the state.

Both the Cherokee and the Choctaw tribes are seeking to obtain a casino license in this area. It’s obviously important, as it’s the last commercial casino set to open in the state. The Choctaw Tribe commented on the licensing application to the media this week.

“The Choctaw Nation of Oklahoma has consistently advocated for a fair, open and transparent process,” he said. We hope that the state will take action to allow all proposals to receive fair consideration.”

On January 6th, the Arkansas Racing Commission will decide on which tribe to offer the license to. Hopefully, more casinos in Arkansas will open next year.

Stay tuned for more Arkansas casino news over the next few weeks!

Canadian Casino is Being Sued for Allowing Man to Lose Too Much Money

Canada is home to a large and profitable casino industry. Most of the country’s provinces allow gambling establishments to operate. This week, a popular Canadian casino is being sued for allowing a man to lose hundreds of thousands of dollars.Canada's Flag

It’s a surprising thing to see. Casinos aren’t often challenged for allowing their patrons to lose. Today, we’re going to look at why exactly this is happening.

Let’s get into it!

Canada’s Laws on Casino Gambling, Explained

As we’ve just mentioned, Canada has a large casino market. Much like the United States, Canada allows its provinces to set most of their own laws on gambling. Of course, the federal government has the ability to set broad laws that affect each province.

Today, most provinces allow casino gambling. This is especially true with the major provinces, including British Columbia, Quebec, and Ontario. Some of the northern provinces simply don’t have specific laws on different forms of gambling.

In Ontario, both land-based and online casino games are perfectly legal. The government has firm control over which companies can offer gambling options. The Ontario Lottery and Gaming Corporation is responsible for ensuring that these companies are doing everything above-board.

There are a huge number of casinos in Ontario right now. Some are small and offer just a few forms of wagering. Others are massive and provide slots, table games, and poker gambling.

Gambling is hugely popular in this territory. Unfortunately, not all locals enjoy the relaxed gaming regulations in the province. This week, a Canadian casino is being sued for allowing a man here to lose too much money.

A Canadian Casino is Being Sued By Compulsive Gambler

It’s common for individuals to lose money gambling inside casinos. Sometimes, these losses can be significant. Losing hundreds of thousands of dollars inside one of these venues, however, it a little extreme. That’s exactly what’s happened with one Ontario native, according to Fox News.

One man claims that he lost $260,000 while playing inside Caesars Windsor. He’s claiming that the money was lost during just two visits to the popular gambling establishment. Now, this Canadian casino is being sued for allowing it to happen.

The man, named Tarwinder Shokar, believes that the casino should have been aware of his issues. He claims that it’s the casino’s responsibility to protect patrons from themselves. Obviously, many are quickly dismissing his lawsuit.

It’s important to note that Mr. Shokar has criminal fraud convictions to his name. He’s asking for $500,000 from the Ontario Lottery and Gaming Corporation. Defense lawyers for the government body responded to the lawsuit in a statement to the media this week.

“Each time he made a wager, he chose the amount of money he wanted to wager in full knowledge of the risks associated with that wager,” they said. 

The trial is unlikely to begin by the end of 2020 at the earliest. We’ll need to wait and see how it plays out.

Nevada’s November Gaming Revenue Dropped This Year

For most of 2019, gambling revenue in Las Vegas has increased. It’s an exciting statistic, considering casino competition has been increasing around the US. Unfortunately, Nevada’s November gaming revenue dropped. Revenue Drop Picture

It’s not entirely surprising. November is considered one of the least-busy months for Las Vegas. It’s likely that gambling revenue will increase once again in December. Today, we’re going to look at exactly how much gaming revenue fell last month.

Let’s get into it!

2019 Proves to Be a Fantastic Year For Las Vegas Casinos

Las Vegas is still the country’s biggest and best gambling destination. In recent years, however, a huge number of states have begun to expand their casino industries. Many felt that this rise in competition would take a toll on Nevada. This did not turn out to be the case.

As we’ve already mentioned, gambling revenue has increased here for almost the entire year. This is especially true on the Las Vegas Strip. Here, nearly all of the casinos have experienced massive revenue gains.

This Summer was a particularly impressive season for gambling venues in Las Vegas. During June, July, and August, gaming revenue surged in the city. Hotel occupancy was also close to reaching record-breaking levels.

Even during Fall, casino revenue surged here. In October, gambling revenue here surpassed $1 billion. Revenue from the Las Vegas Strip during this month reached $538.5 million.

The next month, gambling revenue finally dropped. Reports on Nevada’s November gaming revenue have just been released. Here’s how the state’s gambling venues performed.

Nevada’s November Gaming Revenue Falls in November

November isn’t typically thought of as a popular gambling month for Las Vegas. Many individuals are gearing up for the holidays and aren’t interested in wagering their money inside casinos. This week, the NV Gaming Control Board released reports on Nevada’s November gaming revenue. Unfortunately, things didn’t turn out great.

According to these reports, gambling revenue was down 3.1% when compared to November of 2018. Overall, the state brought in $937.5 million in gambling revenue. In Clark County, where Las Vegas is located, revenue dropped by 3.4% to $805.2 million.

North Las Vegas casinos performed the worst. Casinos in this area generated just $19.3 million. This represents an astounding 15.3% drop from the same time last year.

Historically speaking, Baccarat is one of the best games for casinos to generate revenue. Interestingly, Baccarat revenue dropped significantly in November. Michael Lawton, a senior research analyst for the state Gaming Control Board, commented on this to the media this week.

“The continued trend of decreased baccarat volumes was the cause for this month’s decline as volumes of $557 million were down $247.4 million or 30.8 percent,” he said. “Baccarat volumes have only increased twice this calendar year and are currently down 14.9 percent through November.”

Sports betting proved to bring in a significant amount of revenue last month. Sports pools won $31 million, up 14.3 percent or $3.9 million compared to 2018. Overall, Nevada’s November gaming revenue drop doesn’t mean much. It’s likely that things have already bounced back in December.

Construction Continues on Resorts World Las Vegas

For years, officials in Las Vegas have discussed the impact that Resorts World will have on the city. It’s the most expensive casino-resort ever built in the city. Most feel it will be one of the best gambling venues ever built.

Initially, the hope was that this venue would open in 2020. Not long ago, former MGM Resorts executive Scott Sibella became president of Resorts World Las Vegas. He pushed the opening of the venue back until 2021.

Sibella claims that he wants to ensure everything is perfect by the time it opens to the public. He also added several entertainment features to the resort including a 5,000-seat theater.

Resorts World Las Vegas is opening in the northern area of the Las Vegas Strip. This is an area of the city that’s struggled to attract tourists. Hopefully, this new casino-resort will bring new life to the area.

Nevada’s November gaming revenue dropped. For most of 2019, however, the state has generated a huge amount of money from its gambling venues. Make sure to stay tuned for an update on December’s revenue earnings!