4. Gaming & Casinos
Smoking Ban at Harrah’s New Orleans
City Ordinance Allows for Study of Policy Impact to Gaming Market On April 22, 2015, a city-wide smoking ban went into effect in New Orleans. Despite protest from its ownership, the ban applies to Louisiana’s only land-based casino, Harrah’s New Orleans Hotel and Casino. Harrah’s, joined by other New Orleans’ businesses, is suing to have […]
Project Planning/Getting the License – First and Fast, or Later and Last
Competition for gaming licenses is fierce. The gaming industry has witnessed licensing battles in Pennsylvania, and those gearing up in Massachusetts and Florida. With licenses in limited supply, applicants must show why their project is the best. They have to engage the public and turn public officials into vocal advocates. Government officials increasingly focus not […]
An Economic Strategy for Casinos in the Land of Pachinko
As we begin the third week of the special autumn parliamentary session in Japan, the focus remains on whether or not substantial progress will be made on casino legalization. Prime Minister Shinzo Abe sees passing the casino bill as a crucial component in his “Abenomics” package of aggressive economic and fiscal policies and reforms. He […]
Japanese Legislators Reconvene to Discuss Casino Bill
Today marks the convocation of the special autumn session of Japan’s parliament (the National Diet). During the previous session which ended last June, a bill was introduced by a cross-party coalition of lawmakers representing both the ruling LDP party as well as opposition parties. Passing this preliminary “enabling bill” is seen as the first step […]
Japan’s Gaming Prospects Heat Up
For years now, many have eagerly speculated that Japan will pass legislation allowing casinos to be opened within the nation. This year, more than in previous years, it looks like Japan may pass such legislation. With things heating up in the Asian gaming market, e.g., in South Korea and The Philippines, and with the 2020 […]
iGaming Goes Live in Three States
Since our last entry on iGaming, Nevada, New Jersey, and Delaware have become the first states with (legal) live online gaming websites within their boundaries. In 2011, the U.S. Justice Department reversed its ruling on internet gambling. Today, legal internet gaming is gradually rolling out across the U.S. How much revenue iGaming will generate and […]
Impact of Sequester: Economic Impact Estimates will Become Less Reliable and More Expensive to Produce
The Bureau of Economic Analysis (BEA) is planning to make significant program cuts as a result of the Budget Control Act of 2011 and the Sequester of funding. One such program that is in danger of being cut is the Regional Input-Output Modeling System (referred to as RIMS II). RIMS II has served as a […]
Status of Internet Gaming in the United States
Since our last entry on Internet gaming (http://tmgconsulting.wordpress.com/2012/03/13/igaming-more-joint-ventures-strategic-alliances-and-mergers-acquisitions-than-you-can-shake-a-stick-at/), much has changed. National-level legislation did not move as quickly as some had hoped, while individual states are considering legalization of online gaming on their own. In service to our clients, TMG continually monitors the progress of Internet gaming in the United States. This blog entry is […]
iGaming: More Joint Ventures, Strategic Alliances, and Mergers & Acquisitions Than You Can Shake a Stick At
We last blogged about the explosive developments that have followed the DOJ’s Wire Act Opinion. States throughout the U.S. have been scrambling to install iGaming legislation and programs. Just as the states have been doing, but far in advance to the DOJ’s Opinion, a broad range of companies in the gaming industry have been scrambling […]
The Future of Internet Gaming in the U.S.: Notes from iGaming North America Conference
The bricks-and-mortar gaming industry wants in, the States want in, Native American Tribes want in, service providers want in . . . the list goes on. But, what is actually on the horizon for Internet Gaming? In the search for answers, I recently attended and participated in iGaming North America. This is the first post […]