Another exciting week in the legal gaming industry. Unfortunately, no NFL players threw away millions of dollars in salary so they could bet on a second-half three-game parlay. It’s not like he used his name and profession when placing his bet on casino house credit. No, this week we have Steve Wynn unleashing his lawyers, Macau needs to revamp its economic structure and Michigan residents might be able to bet on sports by March Madness. In other stories, casino experts explain the impact of AI, biometrics and big data. Also this week’s tidbits on other stories from the week in the legal gaming industry.
Winn’s Lawyer’s Blast Gaming Control’s Board Logic in Latest Legal Filing:
Steve Wynn is looking to finally get his gaming license. A chain of events beginning in October has currently left Wynn in a position where his gaming license is suspended. According to the complaint launched by the gaming control board, Wynn is “unsuitable to be associated with a gaming enterprise or the gaming industry as a whole.” Essentially the Gaming Control Board is saying Wynn is not current due to his stepping down in 2017 for sexual assault allegations. This should be an interesting case to watch as it drags on and if you are looking for more information the case file can be accessed here.
https://thenevadaindependent.com/article/wynns-lawyers-blast-gaming-control-boards-logic-in-latest-legal-filing
Asia’s Gaming Capital Macau Needs to Revamp its Gaming Structure, Here’s How:
According to the World Bank, Macau is ranked as the world’s third-richest city per capita and the gaming industry contributes to over half of the city’s annual revenue. Macau success or failure does depend on how China is doing as many of the visitors are from the mainland and Hong Kong. Macau is the only place in China where casinos are legal and are part of the ‘One Country, Two Systems.’ If you would like to find out more about gaming in Macau please click the link below.
https://news.cgtn.com/news/2019-12-13/Asia-s-gaming-capital-Macao-needs-to-revamp-its-economic-structure-Mocu89HFwA/index.html
Sports Betting, Online Gambling Could Soon Be Legal in Michigan
Legislation setting the structure for legal gaming in Michigan cleared the Senate on Wednesday. All that is left is for Gov. Gretchen to sign it into law. If it is signed into law soon Michigan could be gambling by March Madness. Of course, Michigan is leaning towards the same rationalization other states have been making about going after the money. “I’m of the belief that providing a legal, safe and regulated option that actually brings in money for the state is a good thing.” At least this statement is concealed a little better than previous versions we have heard from the states such as “we are doing it for the kids.”
https://www.mlive.com/public-interest/2019/12/sports-betting-online-gambling-could-soon-be-legal-in-michigan.html
Casino Experts, Regulators to Explain the Impact of AI, Biometrics and Big Data at UNLV
The conference will explain how this technology applies to surveillance, gaming, marketing, and customer experience. The biggest issue that will be explained, however, is how casinos can prevent data breaches of their customers and limit the potential of bad publicity coming from a data breach. Other uses of the technology including checking for cheaters and surveilling of everything else possible.
https://www.casino.org/news/casino-experts-regulators-to-explain-impact-of-ai-biometrics-and-big-data-at-unlv-event/
TIDBITS:
- Boyd’s gaming casino operator hires a new general counsel.
- Governor Kevin Stitt is getting bad legal advice on tribal gaming compacts.
- California moving on with sports betting hearing.
- Jack Evans, a key member that landed Intralot, was shown his way out the door this week.
