Gambling in the USA
Louisiana Senate Committee Approves Tax Break for Casinos
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The Louisiana Senate Revenue and Fiscal Affairs committee has approved legislation to give the gaming industry an $83 million tax break over five years after the major hit it took from the COVID-19 shutdown.
Senate Bill 5 would allow each casino to give customers $5 million in free promotional play wagers without having to pay state taxes on those amounts. Anything above $5 million would be taxed at the normal rate of 21.5%. The tax break would cost the state $11.2 million in revenues in the next fiscal year, starting July 1.
Republican state Sen. Ronnie Johns, who has three casinos in his Lake Charles district, said he brought the latest bill because of the large impact that the gaming industry has on Louisiana’s economy and workforce.
Sen. Karen Carter Peterson, D-New Orleans, opened up about the huge impact the gaming industry has had on her own life, speaking up about her recovery from a gambling addiction and the silent costs of expanding the industry.
“I can take care of myself, but there are so many people, because of poverty, that can’t afford to take care of themselves,” Peterson said.
Johns said the gaming industry employs almost 20,000 people statewide. Including the state lottery, all forms of gaming surpass even the oil and gas industry in terms of bringing in money for the state.
“The casino industry, whether we like it, don’t like it, whatever, has been here for many many years. It was voted on by the people in the locales that it’s located in,” Johns said.
Johns also pointed out the huge blow that the pandemic has taken on the industry and, therefore, the state’s economy.
SB5 now heads to the full Senate for consideration. If approved by the Senate, the measure then would have to clear the House’s review and vote in two weeks before the special session adjourns.
Gambling in the USA
Revo Casino and Social House in Conway Holds Grand Opening
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Revo Casino and Social House in Conway, New Hampshire, has held its grand opening on Tuesday.
The Conway property is the latest addition to Revo’s growing presence in New Hampshire, joining locations in Dover, Lebanon, Manchester, and Keene.
Revo Casino and Social House’s new amenities include:
• Rebels: A bold dining experience with a full bar and great game-day energy. Revo’s signature restaurant serves up flavorful dishes like the Rebel Smash Burger, flatbread pizzas, and prime rib, making it the perfect spot to eat, drink and enjoy the action.
• Rebel Stage: Featuring live music every weekend.
• Revo Studio powered by iHeartMedia: An in-house broadcast center featuring live iHeart broadcasts. The studio also drives the Soundtrack of the Revolution, a curated music selection that sets the energy and vibe of the property.
Gaming Highlights: 75 thrilling casino machines, including Ultimate Fire Link Explosion, Huff N Even More Puff, and Devil’s Lock. Table games, including blackjack, roulette, and poker tables.
Speakers and guests at the event included Revo President Aaron Gomes, Executive Director of Mount Washington Valley Promotions Lisa DuFault, and the Mount Washington Valley Chamber of Commerce.
“It’s exciting to open Revo Casino and Social House and see the community’s enthusiasm for our gaming, entertainment and dining options. Beyond entertainment, Revo Casino and Social House will also support nonprofits across the Mount Washington Valley. We’re proud to be part of this community and contribute to its success,” said Gomes.
“This facility will make such an incredible difference for so many nonprofits in the Mount Washington Valley. The support that Revo Casino and Social House provides allows organizations like ours to better serve our communities and care for those in need. The impact is truly life changing,” said Lisa DuFault, Executive Director of Mount Washington Valley Promotions.
Gambling in the USA
Gila River Resorts & Casinos hosts $5.9 million Big Game prop play contest
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Gambling in the USA
Spinomenal makes US debut with New Jersey market entry
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Spinomenal, the leading iGaming content provider, has made its US debut after launching an exciting collaboration with a leading operator in the state of New Jersey, and is anticipating many more valuable collaborations with top tier online casinos.
Following impressive growth rates, Spinomenal is making a major move into the New Jersey iGaming market, marking a key step in its global expansion. By entering this crucial U.S. region, Spinomenal will bring its innovative games to a new audience, strengthening its presence and leadership in the iGaming industry.
Spinomenal’s specially selected titles will be going live via Pariplay’s Fusion aggregation platform in the New Jersey market. Some of the outstanding titles being made available for NJ players are Demi Gods II, Majestic Wild Buffalo and Kitsune’s Scrolls.
This marks a major milestone in Spinomenal’s strategic expansion plan, as this debut establishes the company’s initial presence within the New Jersey market, with further growth anticipated across the US iGaming ecosystem. This move underscores Spinomenal’s commitment to expanding its global footprint and further solidifying its position as a leader in the online casino industry.
Lior Shvartz, CEO for Spinomenal commented: “After a decade of establishing and positioning Spinomenal as a leading provider in the iGaming industry, we have now taken a big leap and will provide our exciting content to the esteemed New Jersey audience. We are highly optimistic about entering this prominent market, following the process of obtaining approval from the DGE.”
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