New Lawsuit Claims Washington’s Gambling Industry is Run by a Monopoly

Washington And Maverick Gaming Sports Betting Background

Washington is known for being one of the largest gambling hubs on the West Coast. It seems that some groups here feel this industry is not being operated on an even playing field. A federal lawsuit has just been filed claiming Washington’s gambling industry is currently being run by a monopoly.

Many new gaming options have become available in this state over the past few years. Now is a great time to look at what this new lawsuit is alleging.

Let’s get into it!

Federal Lawsuit Argues a Monopoly Controls Washington’s Gambling Industry

The United States is home to a somewhat unusual set of laws toward the regulation of gambling. Essentially, each state is able to set its own laws on this industry. These vary greatly with some areas of the country allowing nearly all forms of gambling and others having a blanket ban on even the most simplistic forms of wagering.

Washington is now home to a large number of tribal-run casinos. These were allowed to operate after the federal passing of the Indian Gaming Regulatory Act of 1988. When sports betting was legalized here in early 2020, lawmakers agreed to give the tribal groups operating casinos exclusive access to run sportsbooks.

Not everyone was pleased with that decision. A federal lawsuit has just been filed, arguing Washington’s gambling industry is operating under a monopoly. The lawsuit was filed by Maverick Gaming LLC, a major card room operator in the state. Maverick official Eric Persson is pushing for sports betting to be allowed outside of just tribal casinos and believes the current laws are unfair to gaming companies like his own.

“I think there’s a big gap between the judiciary and the legislative system,” Persson said. “And I think that as that gets clarified and the legislators understand that IGRA is being applied wrongly in the state of Washington, I think they’re going to engage us. And to me, this is just a logical next step.”

This is the biggest push to change the gambling laws in Washington to date. Will Maverick Gaming’s lawsuit have any effect?

What is This Lawsuit Aiming to Accomplish?

This is not the first major lawsuit to be filed over a state’s gambling regulations. In fact, it’s not the first to focus on how a state is choosing to regulate sports betting. Sports betting is helping to bring in a huge amount of revenue around the country and various groups are doing what they can to enter the market.

Commercial gaming operators are now working to gain a larger foothold in Washington’s gambling industry. At the moment, only tribal groups are legally able to provide sports betting options. If Maverick Gaming is successful, it will be permitted to run sportsbooks, too.

This is a somewhat similar situation to the one Florida finds itself in. The Seminole Tribe was granted the ability to operate sportsbooks fairly early into 2021. Various lawsuits from commercial gaming companies arguing this is unconstitutional have delayed the launch of sports betting in this state.

Maverick Gaming is focusing on more than just sports betting. The group also believes it should have permission to offer the same types of casino games found in tribal casinos inside their card rooms. That includes popular table games such as roulette and craps.

Various individuals, including several tribal leaders in Washington, are already pushing against this lawsuit. It will likely take months to settle. Stay tuned for updates on this situation as the year continues!

How Will Washington’s Gambling Industry Fare in 2022?

The entire US gambling industry surged throughout 2022. Nearly every state with regulated gambling options saw massive revenue surges throughout the year. Washington saw impressive gambling revenue figures throughout the year and most expect that to continue in 2022.

All of Washington’s casinos saw impressive revenue gains when compared to 2020. Certain months proved to be better than others. The summer months were very successful for this state’s casino industry and nearly all others in the United States.

Sports betting continues to grow more popular here, too. Washington only allows bets to be placed inside of tribal casinos. Online sportsbooks are operating, yet they are only accessible while inside these casinos.

It’s unclear if Washington’s gambling industry will be affected in any major way by the lawsuit being filed by Maverick Gaming. If successful, there is reason to believe that gambling revenue will grow. The amount of money being earned by tribal groups will likely decrease.

What do you think of this new federal lawsuit? Should commercial gaming companies be allowed to operate sportsbooks? Let us know in the comments section below.

Maverick Gaming Purchases 3 New Colorado Casinos

Las Vegas-based casino company Maverick Gaming continues to expand. This week, the company has announced that it’s bought three new casino venues in Colorado. It’s clear that this company is working to become a major player in the US casino market. Maverick Gaming Logo

Casino competition is growing quickly around the country. Many companies are now working to capitalize on the liberal laws many states are putting on the gambling industry. Let’s look at why Maverick Gaming has bought these Colorado casinos, and what other states this company may be interested in entering in the future.

Maverick Gaming Breaks Into the Colorado Market

Las Vegas is home to a huge number of casino operators. Some of the biggest in the country are based here including Las Vegas Sands and Wynn Resorts. There are also a huge number of small, independent casino companies such as Maverick Gaming, that are trying to make a name for themselves.

Over the past several months, this company has begun to significantly expand its portfolio. It already owns five casinos in Nevada. Back in August, Maverick announced that it purchased six different card rooms in the state of Washington.

This week, officials at Maverick revealed that they’d acquired CC Gaming LLC. The company has officially taken over CC Gaming’s three casino venues located about an hour west of Denver. Specific terms of this deal were not disclosed to the public and still needs to be approved by the Colorado Limited Gaming Control Commission.

Eric Persson, an executive at Maverick, commented on the news to the media this week.

“I admire the work that John Zimpel, owner and managing member of CC Gaming, has done to grow his casino business and we look forward to building upon the foundation he established,” he said. 

Casino Competition Continues to Grow in the US

The US casino market has never been stronger. In recent months, a huge number of states have begun to open and expand their gambling industries. Even states that, in the past, set tight regulations on casino gambling, are now beginning to allow new gambling venues to open up.

New York is one of these states. Lawmakers in New York have allowed tribal gambling for years. Now, this state also allows commercial casinos and even sports betting. The Upstate New York area is now home to many different casinos. Many are struggling to generate revenue here due to the rise in competition.

Illinois is also set to expand its casino market. Not long ago, Governor JB Pritzker revealed a new capital plan that allows for five new casinos to open in the state. Interestingly, lawmakers here have approved a casino to open in Chicago for the first time ever.

Many states are earning millions of dollars a month from their casino industries. New Jersey’s gambling market has grown significantly over the past few years thanks to new sports gambling options and upgraded casinos. Many now feel that Atlantic City could overtake Las Vegas as the gambling capital of the United States.

Online Casino Gambling Grows More Popular, As Well

Unfortunately, some states around the country still implement old-school laws on the gambling industry that ban land-based casinos. Many residents in these states choose to make their wagers online. Today, there are a huge number of fantastic US casino websites that are available throughout the entire country.

One of the most popular available right now is Cherry Gold Casino. This site has grown extremely popular with hardcore casino gamblers thanks to its huge range of gaming options and safe payment system. It accepts players from around the country and offers hundreds of different games every single day.

Internet casino sites allow players to make wagers from the comfort of home. Most of these websites also offer great mobile platforms, allowing you to play your favorite games using just your phone.

Casino gambling is growing more popular in the US every single year. Maverick Gaming is clearly trying to capitalize on the rise of gambling here. We’ll need to wait and see how successful these Colorado casinos are for the company.

Make sure to stay tuned for more US casino news over the next few months!