Gambling in the USA
Virginia Casino Bill Set to Go Before Full Senate for First Time
The Virginia casino gambling bill is set to go before the full Virginia State Senate for the first time. A committee voted to drastically increase the proposed tax on casino gaming revenues and the license fee for casino operators in reporting out a bill to allow casinos by referendum in the state.
Senator Louise Lucas’s SB 36 was reported out of the Senate Finance and Appropriations committee, which voted 14–2 to approve a substitute version of that bill, with a few changes.
The revised version would impose a 27% tax on the first $150 million in casino gaming revenue, a 31% tax on revenues between $150 million and $300 million and 40% on revenues above $300 million, Bristol Herald Courier reports. The previous bill would impose rates of 15%, 20% and 28%, respectively.
The latest version of the bill also proposes increasing the local share of tax revenues to 9% on the first $150 million in gaming revenues, 10% from revenues between $150 million and $300 million and 11% from revenues above $300 million. The previous version of the bill specified 5%, 6% and 7%, respectively.
The Bristol Resort and Casino group issued a statement in response to the vote. “We are still reviewing the specific changes to the bill and this is a long process before session ends. That being said, we are pleased to have the legislation that specifically includes the five original cities pass yet another committee and we look forward to the upcoming floor vote,” according to the statement.
Sen. Lucas appeared surprised by some of the changes. “The [tax] rate is causing the most concern. Is there any way we can work out these differences in conference?”
“I am sure the House and the Senate are going to have different versions so it will go to conference. I don’t know what the outcome would be, but it [rates] would certainly be on the table,” Committee Chairwoman Sen. Janet Howell, D-Reston, said.
There were a total of 10 changes to the casino bill, including one that would require that all slot machines in casinos be connected to a central gaming system and another to allow the Colonial Downs Group to have up to 2500 additional historic horse racing games in its locations.
Gambling in the USA
Games Global Launches Custom Slot Game Caesars Palace Frenzy with Caesars Digital
Launch marks the first bespoke game launch in the partnership between gaming operator and premier gaming provider
Games Global today announced the exclusive launch of Caesars Palace Frenzy, a Caesars-branded slot title that marks the first bespoke game launch on behalf of Games Global’s partnership with premier gaming operator Caesars Digital. Caesars Palace Frenzy is now exclusively live on Caesars Palace Online Casino in New Jersey with plans to expand to Michigan and Pennsylvania, offering players another highly engaging, operator-specific gaming experience with iconic Caesars Palace branding.
Caesars Palace Frenzy combines the excitement of the Las Vegas Strip’s iconic casino with innovative gaming dynamics crafted by Games Global. Designed exclusively for Caesars Digital online casino players, this game delivers an online slot experience with engaging gameplay, sophisticated graphics and dynamic features like scatter pays, multiplied free spins selected by a concentric wheel and a seven-tier jackpot line-up.
This launch demonstrates Games Global’s continued emphasis on partnering with top iGaming operators to deliver exclusive and custom gaming products to players.
“Working closely with Caesars Digital to create Caesars Palace Frenzy has been an exciting journey,” the Chief Executive Officer for Games Global, Walter Bugno, said. “This game is more than just an online slot experience, it is an adventure that mirrors the thrill and grandeur of one of the world’s most iconic destinations. We’re thrilled to see it come to life and deliver a unique blend of entertainment and gaming.”
“We’re committed to collaborating with top gaming providers to launch custom online casino experiences for our players that can’t be found anywhere else,” the Senior Vice-President and Chief iGaming Officer for Caesars Digital, Matt Sunderland, said. “Caesars Palace Frenzy delivers on that commitment by providing an elevated gaming experience that we’re certain our players will enjoy.”
Gambling in the USA
Alabama-Coushatta Tribe of Texas Announces Plans to Build New Casino Resort
The Alabama-Coushatta Tribe of Texas has announced the plans to build a brand-new casino resort on its Tribal lands in Polk County.
“We are incredibly excited to embark on this new chapter. This new casino resort will not only provide significant economic benefits for those living and working in the region, but it will also become a vibrant destination for visitors,” Ricky Sylestine, Chairman of the Tribal Council, said.
While specific details are still being finalized, the new resort may offer a variety of amenities including a state-of-the-art casino floor, hotel accommodations, and diverse dining and entertainment options.
The Tribe has engaged the architectural firm FFKR to design the new resort. FFKR is known for its innovative and creative designs. The Tribe is confident the firm will create a truly exceptional destination.
In addition to the new casino resort, the Tribe is planning an extensive remodel to its existing Ischoopa/One Stop Convenience Store and Truck Stop. The remodel will include adding electronic bingo machines.
The Alabama-Coushatta Tribe of Texas will be releasing news related to the new resort and any additional developments in the coming months.
Gambling in the USA
BetConstruct to Display Its Products and Services at Sigma Americas
BetConstruct, a leading company in iGaming technology and services, is heading to Sigma Americas in Sao Paulo, Brazil from April 23-25, 2024.
Sigma Americas is a major event focusing on iGaming with 10,000 delegations and more than 200 professional speakers. This event serves as an exceptional platform for participants to present their innovative offerings, engage with fellow industry leaders, and establish new business relationships.
BetConstruct is poised to introduce its cutting-edge products and solutions to the growing Brazilian market at the upcoming event. As a premier provider of online iGaming solutions, the company will showcase its comprehensive range of services to all attendees, offering diverse solutions tailored to meet their specific needs and preferences.
Moreover, BetConstruct will demonstrate its newest Spettacolare offer by Mr. First, which is a fleeting opportunity to maximise user profits and explore the potential of FTN.
Attendees of the event can find BetConstruct in the Transamerica Expo Center at Stand O60, where they will have the opportunity to gain a comprehensive understanding of BetConstruct’s products and solutions.
-
Latest News2 days ago
Xpoint Launches Groundbreaking New Capability to Reduce Geolocation Costs for Operators
-
Industry News7 days ago
Jennifer Shatley Joins ROGA as Executive Director
-
Canada7 days ago
GiG increases Ontario market presence, powering the launch of Casino Time
-
Latest News6 days ago
Odditt Appoints Elaine Milardo as its New Chief Technology Officer
-
Gambling in the USA7 days ago
Play’n GO announces expansion of BetMGM partnership with Pennsylvania launch
-
Latin America7 days ago
Betby Forges Strategic Partnership With Latam Powerhouse Cactus Gaming
-
Latest News7 days ago
AEG and Yaamava’ Resort & Casino at San Manuel Announce 16th Year in Partnership, Shaping the Future of Sports and Live Entertainment Across Southern California
-
Latest News6 days ago
Broadcast Legend Mike Francesa Renews Exclusive Partnership with BetRivers