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ROGA members commit to work together on issues ranging from education, responsible gaming best practices, conscientious advertising and marketing across the industry. Justin Sullivan | Getty ImagesROGA says it will create a certification program to assess members' responsible gaming efforts and provide an incentive for operators to participate. Problem gamblingAn estimated 2 million U.S. adults meet the criteria for a severe gambling problem, according to the National Council on Problem Gambling. Another 5 million to 8 million U.S. adults are considered to have a mild or moderate gambling problem. Problem gambling prompted regulatory crackdowns in Europe and especially in the United Kingdom over the last couple years, impacting sportsbooks' profitability and changing the way they conduct business.

Persons: —, Jennifer Shatley, ROGA, Justin Sullivan, Shohei Ohtani, Ohtani, he's, Jontay Porter, There's, Paul Tonko, Tonko, PrizePicks, FanDuel, Milton Thompson, CNBC it's, it's, Silquia Patel, Eduardo Munoz Organizations: MGM PENN, Penn Entertainment, Online Gaming Association, D.C, Super, Los Angeles Dodgers, NBA, Toronto Raptors, Integrity, Temple University, National Council, . Rep, CNBC, DraftKings, Indiana Gaming, Caesars, American Gaming Association Locations: BetMGM, United States, Washington, Europe, United Kingdom, New York, Indiana, Rhode, Kentucky, East Rutherford , New Jersey, U.S

☆ New York’s Freedom Plaza development will feature skyscrapers joined by daring cantilevered ‘skybridge’
▼ + stars: | 2024-02-15 | by ( Christy Choi | ) edition.cnn.com time to read: +5 min

The "skybridge" connecting the two hotel towers is set to feature a 150,000-gallon rooftop infinity pool. Bjarke Ingels GroupThe development is one of several projects competing for three casino gaming licenses recently approved for downstate New York by the state’s gaming commission. Bjarke Ingels GroupSoloviev Group has also promised that an unspecified percentage of the gaming profits, starting with a minimum $5 million donation, will go to an independently run non-profit community fund. Freedom Plaza will also contain public green space and a new Museum of Freedom and Democracy. Bjarke Ingels GroupUnaffiliated with Long Island University’s Museum of Democracy, the new institution will contain pieces of the Berlin Wall and works from the Soloviev Group’s art collection.

Persons: Bruce Munro, Le Corbusier, Wallace Harrison, Oscar Niemeyer, ”, Ray Pineault, “, Michael Hershman Organizations: CNN, New, United, Museum of Freedom and Democracy, British, Soloviev Group, BIG, UN, downstate, Soloviev, Mohegan, Museum of Freedom, Democracy, of Freedom and Democracy, Ingels Group, University’s Museum of Democracy Locations: New York City, Midtown Manhattan, Madison, Danish, North America, York City, York, New York, Long

☆ ESPN Bet plans launch in New York, the largest U.S. betting market
▼ + stars: | 2024-02-13 | by ( Contessa Brewer | ) www.cnbc.com time to read: +2 min

ESPN Bet is coming to the Big Apple. Wynn Interactive, a subsidiary of Wynn Resorts, was awarded a New York mobile sports betting license in 2021. Penn was not — and it has missed out on the action from the nation's largest sports betting market. But Eilers & Krejcik estimated ESPN Bet came away with 8% market share when it launched in November, good enough to take a third-place position. Now, if New York gaming regulators sign off on the license transfer to Penn, ESPN Bet could provide new and potentially formidable competition in the nation's biggest sports betting market.

Persons: Wynn, Penn, Dave Portnoy, Portnoy, FanDuel, Shaun Kelley, Taylor Swift, Travis Kelce Organizations: ESPN Bet, Big Apple, Penn Entertainment, Wynn Resorts, Wynn Interactive, New, New York, Gaming Commission, ESPN, National Football League, Caesars, Krejcik, Bank of America, NFL, Kansas City Chiefs, Penn, CNBC PRO Locations: New York, Pennsylvania, BetMGM

INDIANAPOLIS (AP) — A former Indiana lawmaker has agreed to plead guilty to a federal charge alleging that he accepted promises of lucrative employment from a gaming company during his time in public office, federal prosecutors said Friday. Sean Eberhart, 57, agreed to plead guilty to conspiracy to commit honest services fraud, according to court documents filed Thursday. The former Republican state representative represented central Indiana's House District 57 for 16 years before leaving office in November 2022. In 2022, longtime casino executive John Keeler was sentenced along with a former Indiana state senator, Brent Waltz, for their role in the illegal funneling of gambling money into the lawmaker's unsuccessful 2016 bid for congress. Keeler, who was a Republican legislator for 16 years in the 1980s and 1990s, was sentenced to two months in federal prison and fined $55,000.

Persons: —, Sean Eberhart, ” Eberhart, Eberhart, Todd Huston, Eberhart's, Huston, John Keeler, Brent Waltz, Keeler Organizations: INDIANAPOLIS, Indiana, Republican, central, General, Spectacle Entertainment, Lake Michigan, Public, Spectacle, Attorney's, Associated Press, FBI Locations: central Indiana's, Lake, Gary , Indiana, Gary, Indiana's Vigo County, U.S, Indiana, Greenwood

☆ Native American populations are ‘invisible’ to banks. That needs to change
▼ + stars: | 2023-10-30 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +13 min

Before the Bell: What do investors need to know about investing in Native American and Alaskan Native communities? Dawson Her Many Horses: Native American and Alaskan Native communities are more than an ethnic group or racial category. The National League Gaming Commission, which is the regulator for Native American casinos, publishes a yearly report on gross gaming revenues for casinos. When you look at some of the research that gets done, Native American and Alaskan Native households are almost always the most underbanked. People like to focus on what I call the ‘poverty porn’ aspects of Native American and Alaskan Native communities.

Persons: Dawson, “, “ I’ve, ”, Bell, Banks, Wells, That’s, we’ve, Wells Fargo, they’re, Danielle Wiener, Bronner, Kit Kat, ” Hershey, Michele Buck, It’s, Dan Sadler, Covid shutdowns Organizations: CNN Business, Bell, New York CNN, CNN, Wells, Rosebud Sioux, The National League Gaming Commission, Bank of America, Federal, American Finance, Silicon Valley Bank, Hershey, Consumers, Dow, Federal Reserve, Apple Locations: New York, Rosebud, South Dakota, Wells Fargo, United States, Federal Government, Silicon, New York City, Alaska, Oklahoma, confections

☆ Casino Mogul Steve Wynn Reaches Settlement Over Sexual Misconduct Claims
▼ + stars: | 2023-07-27 | by ( Talmon Joseph Smith | More About Talmon Joseph Smith | ) www.nytimes.com time to read: +1 min

Steve Wynn, the longtime Las Vegas casino magnate and major Republican donor, has agreed to pay Nevada a $10 million fine and to step back from its gambling industry in a settlement related to employee allegations of sexual misconduct, closing his yearslong battle with the state’s gambling regulators. Mr. Wynn, 81, who did not admit wrongdoing in the settlement, agreed to be “entirely removed from any direct or indirect involvement” with financing, advertising and consulting in the state. The agreement appears to end regulators’ investigations into Mr. Wynn’s conduct, though he could face additional fines if he violates its terms. Mr. Wynn resigned as chairman and chief executive of his casino empire, Wynn Resorts, in 2018, when the misconduct allegations began to emerge more publicly. Amid the fallout, he divested company shares and stepped down from his position as finance chairman of the Republican National Committee.

Persons: Steve Wynn, Wynn, Wynn’s Organizations: Las, Nevada, Nevada Gaming Commission, Wynn Resorts, Republican National Committee Locations: Las Vegas

Sandra Douglass Morgan has seen a lot of changes in the five years since she was named to the Nevada Gaming Commission. The same year she became a gaming regulator, the Supreme Court cleared the path for legalized sports betting. During that time, Douglass Morgan went from gaming regulator to chair of the Nevada Gaming Control Board to the corporate board of directors for casino giant Caesars Entertainment . I'm incredibly blessed that I've been given these opportunities, you know, based on my skill set and my experience," Douglass Morgan told CNBC. Douglass Morgan said.

☆ Jay-Z wants New York City to let him open a casino in Times Square
▼ + stars: | 2023-05-13 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

Jay-Z's Roc Nation wants New York City to grant it a gaming license for a casino in Times Square. Roc Nation promised $115 million for Broadway theatre programs if it gets the nod. Roc Nation said its plan includes investing in sanitation and security in the Times Square area and vowed to "protect the interests" of the Broadway theater community. Applicants for the gaming license must pay a non-refundable $1 million fee, according to The New York Times, and be prepared to invest $500 million and an additional $500 million in fees. Roc Nation didn't immediately respond to a request for comment from Insider, made outside normal working hours.

☆ WWE wants betting to become legalized as the wrestling organization lobbies state regulators
▼ + stars: | 2023-03-10 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +2 min

WWE reportedly wants its fans to be able to bet on its scripted matches just like other sports. WWE has presented betting on other events where results are predetermined like the Oscars as a comparable example. Under WWE's new proposal, it will keep the results of events secret for months by working with an accounting firm. The first states that WWE approached about the possibility of legalizing the bets included Michigan, Indiana, and Colorado, according to CNBC. In the few states where it's legal, some sportsbooks like DraftKings and FanDuel allow betting on events like the Oscars in their mobile app, CNBC reported.

☆ Betting on WWE matches? 'NFW!' say gaming operators and regulators
▼ + stars: | 2023-03-10 | by ( Contessa Brewer | ) www.cnbc.com time to read: +3 min

"The Colorado Division of Gaming is not currently and has not considered allowing sports betting wagers on WWE matches," they said. It issued a public statement advising WWE to work with the gaming industry. replied Adam Greenblatt, CEO of BetMGM, whether he would be eager to accept wagers on the WWE's scripted matches. The American Gaming Association, which represents both commercial and tribal operators, told CNBC: "Both regulators and operators must have confidence in the integrity of the competitions." "Ultimately, most industry stakeholders seem to view WWE betting as even more optically-challenging than betting on awards shows," Sharp Alpha Advisors managing director Lloyd Danzig said.

☆ Meet Sandra Douglass Morgan, the only Black female president in the NFL: ‘This job is much bigger than me’
▼ + stars: | 2023-02-28 | by ( Morgan Smith | ) www.cnbc.com time to read: +5 min

Growing up in Las Vegas, Sandra Douglass Morgan never dreamed about making history — she just wanted to make herself, and her parents, proud. But Douglass Morgan didn't need to eavesdrop to understand that she and her family would be treated unfairly because of the color of their skin. Douglass Morgan, now 44, made a promise to herself: No matter what she did, she would champion equity and respect. Months later — and after the abrupt departure of two presidents — Davis approached Douglass Morgan about the job. Douglass Morgan sought the counsel of friends and family, including her husband, Don Morgan, who played four years in the NFL with the Minnesota Vikings and Arizona Cardinals.

☆ Trump wants back in the casino biz — as Bally's landlord in the Bronx. Many approvals would still be needed.
▼ + stars: | 2023-02-14 | by ( Laura Italiano | ) www.businessinsider.com time to read: +4 min

Under a deal struck in December, Trump would sub-lease 17 acres of his Bronx golf course to Bally's. Bally's bid for a new casino on the city-owned grounds of Trump Golf Links at Ferry Point was first reported on Sunday by the New York Post. Proposals must be approved by a local community advisory committee that includes the governor, the mayor, the local state senator and assembly member, the borough president, and the local city council member. "We are incredibly excited at the prospect of bringing Bally's community-centered approach to gaming and entertainment to the Bronx," a casino spokesperson told Insider. One of those leaders is local city council member Marjorie Velazquez, who applauded the prospect of bringing jobs to her neighborhood.

☆ Exclusive: FTX's former top lawyer aided U.S. authorities in Bankman-Fried case
▼ + stars: | 2023-01-05 | by ( Angus Berwick | ) www.reuters.com time to read: +5 min

Friedberg gave details about FTX in a Nov. 22 meeting with two dozen investigators, the person said. "THROUGH THICK AND THIN"Prior to his work advising FTX, Friedberg advised a mix of banking, fintech, and online gaming companies. At the time, the source said Friedberg advised Bankman-Fried on running Alameda, which he founded that year. In 2020, when Bankman-Fried launched a separate exchange for U.S. customers called FTX.US, Friedberg moved in-house as FTX's chief regulatory officer. In a now-deleted blog post published that year on FTX's website, Bankman-Fried wrote that Friedberg was FTX's legal advisor "from the very beginning," noting he had been "with us through thick and thin."

☆ North Carolina Tribal Casino Violated Federal Gaming Laws, Regulators Say
▼ + stars: | 2022-12-07 | by ( Mark Maremont | ) www.wsj.com time to read: 1 min

A North Carolina tribal casino violated federal law by allowing deep-pocketed outsiders excessive control over the facility’s expansion, according to the findings of an investigation by the National Indian Gaming Commission made public Wednesday. The NIGC, which has regulatory authority over tribal casinos, issued a formal “Notice of Violation” against the casino and various outside backers of the project, saying the investigation found multiple violations of federal Indian-gaming laws.

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