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Behind the Scenes of California’s Soon-to-Expire Moratorium on Cardroom Expansion
The 2022 midterm elections have come and gone. They take with them the latest – and most expensive – failed attempt to bring legalized sports betting to California. Voters in the Golden State had potential options. Despite roughly half a billion dollars in advertising, they rejected both emphatically. Unofficial voting results show that Prop 26, […]
Light & Wonder’s Third Quarter Shows Positive Effects of Strategic Focus on Casino Vertical
Senior executives will often brag to investors about “focus,” “leanness,” or “concentrating on the core business.” That’s been the message from Light & Wonder (L&W) this year. In this case, if the company’s Q3 financial results are any indication, the cliché seems refreshingly sincere. At this time last year, Light & Wonder was still known […]
Former Gambling Industry Attorney Brittnie Watkins Takes Over as NGCB Chair
There’s a new hand on the tiller at the Nevada Gaming Control Board (NGCB). Governor Steve Sisolak’s office announced the resignation of Board chair J. Brin Gibson yesterday. Gibson had informed the Governor of his intentions earlier in the year, but the public announcement was delayed until his departure was imminent. Gibson’s replacement will be Board member Brittnie […]
The Las Vegas Grand Prix is Still a Year Away, But Already Hype is Building
Cities like New York, Los Angeles and Miami have plenty of glitz. However, despite their best efforts, Las Vegas is the ultimate playground for conspicuous consumption in the US. That makes it a natural fit for Formula 1 racing. For all the wealth and star power present in professional sports, no league or tournament on […]
Flutter’s Third Quarter Results Highlight the US Success of FanDuel
Flutter Entertainment plc is the world’s largest online gaming operator, with roughly $7 billion in 2021 revenue. Its portfolio of brands includes Paddy Power, Betfair, PokerStars and Sky Bet, among others. However, its crown jewel at the moment seems to be FanDuel, whose presence is powerful both in the US market and on Flutter’s balance sheet. On […]
High 5 Games Makes Pennsylvania Debut at BetRivers, PlaySugarHouse
Pennsylvania slots lovers finally have access to games from one of the industry’s most prolific developers, High 5 Games. High 5 received its license from the Pennsylvania Gaming Control Board this summer. Contrary to our expectations here at Bonus, however, it has taken several months for its content to come to market. High 5 has plenty of existing partnerships in other […]
No Clear Winner in Fox-Flutter Arbitration Decision, But Fox Bet Might Be the Loser
Arbitration has concluded for Fox Corporation and Flutter Entertainment, on two out of three issues, anyway. One aspect of that decision could mean the future disappearance of yet another US online gambling brand. Fox initiated arbitration in April 2021 because of a difference in how the two companies interpreted a contractual clause. Flutter believed it had granted Fox the option […]
Las Vegas Sands Gives Up on B2B Online Gambling Ambitions, Shutters Division
It has barely been 18 months since Las Vegas Sands (LVS) belatedly waded into the iGaming waters. Already, it appears to have found those waters frosty and is scrambling back to terra firma. In the process, it may be casting its online gaming investment division adrift. At least, that was the word last week from the […]
Parx Shippensburg to Open in Early 2023 Following Supply-Chain Issues
Pennsylvania gamblers in the Shippensburg area have more waiting to do before they get their local retail gaming location. Parx is in the midst of a $65 million project to transform what used to be a Lowe’s Home Supply store into a mini-casino. However, it has just pushed back its expected opening date for a […]
Fertitta’s Vegas Strip Aspirations Now Include a Stake in Wynn Resorts
One could be forgiven for thinking that the age of the celebrity casino impresario in Las Vegas has passed. The industry has recently lost two such figures, thanks to Steve Wynn’s fall from grace and Sheldon Adelson’s passing. However, it looks like Tilman Fertitta intends to take center stage on the Vegas Strip and the resort-casino […]