Tag: state
Three States Predicted to Legalize Online Gambling in 2017
The queue of states looking to legalize online gambling is growing larger by the day. By all accounts, 2017 is going to be the year the number of states with legalized online gaming will increase. According to industry analysts Chris Grove and Adam Krejcik of Eilers & Krejcik Gaming, at least one, and perhaps as many as three states will legalize online gaming in 2017. No state has authorized iGaming since 2013. The prediction was part of Eilers & Krejcik Gaming’s U.S. iGaming Industry Update – 2017. When it comes to continued online gaming legalization in the United States, everything…
These 13 states raked in $34B in gaming revenue
CNBC – Las Vegas is easily America’s city that is most synonymous with recreational risk-taking. Atlantic City, especially for those on the East Coast, has also long been known as a place to take a chance on blackjack or drop coins in a slot machine. But in truth, the United States is dotted with gambling havens from coast to coast. With tax rates up to 40 percent, these businesses can generate hundreds of millions in state revenues. We decided to look at the states with the most revenue from commercial gambling in 2012. Some of the 13 states that made…
In rush to legalize states outsourcing regulation
Las Vegas Sun – When Springfield, Mass., needed to choose who would build its first casino, the city hired an outside adviser to help with the process. The consulting firm Shefsky & Froelich recommended the deal go to MGM Resorts International. At the same time, the consulting firm also was working as a registered lobbyist in Illinois for MGM Resorts. The arrangement highlights an often-overlooked trend as more cities and states embrace legalized gambling around the country: Private companies are being hired to write regulations and vet casinos, even as the same firms work the other side of the fence,…