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According to Pennsylvania Gaming Control Board, should things go as planned, such a successful “The Keystone State” would become the fourth US jurisdiction to legalize online gambling following in the footsteps of New Jersey, Delaware, and Nevada.

According to the report, seven land-based venues of thirteen operating in the state have already received their licenses to start offering online poker games after the said date. A total of ten casinos have applied for and successfully received licenses to provide and slots electronic table games. Online casinos in Pennsylvania expected to be launched in mid-2019 include Harrah’s, Hollywood, Mount Airy, Mohegan Sun Pocono, Parx, Presque Isle, Rivers, SugarHouse and Valley Forge.

The Canadian iGaming operator’s PokerStars brand, The Stars Group Incorporated, will likely be one of the first gaming sites to go live in Pennsylvania. The launch is likely to happen through a cooperation agreement with Mount Airy Resort and Casino. Another operator likely to follow the suit is PartyPoker, a brand operated by GVC Holdings in cooperation with Valley Forge Casino.

Sports Betting Good to Go as Well

According to the Pennsylvania Gaming Control board, the week starting with Monday, July 15, 2019, will be a timeframe for the start of the iGaming implementation This should provide approximately 90 days for the licensees and operators to meet their obligations and deliver all required information and materials to the state’s Control Board. They will also need to provide the necessary inside controls and to gather all the certifications required to offer online gaming in the state of Pennsylvania.

The PA Gaming Control Board is working hard on reviewing interactive applications, and it will be over soon. Players in 6th-most populous state will have a chance to play playing casino games in the nearest future. This news brought excitement to many casino lovers.

Gov. Tom Wolf accepted and signed the bill in October 2017, turning it into law and making Pennsylvania the fourth state after New Jersey, Nevada, and West Virginia to make online betting on sports legal. This is likely to result in online intrastate services for sports bookmakers going live in the near future, perhaps starting with unique-branded deals from Valley Forge Casino, Mount Airy Resort and Casino, and SugarHouse.

The publication date announcement is reportedly coming after the last month when the Board responded to the Federal Government’s change to the 1961 Wire Act for indefinitely postponing the launch of regulated online poker and other online gambling services. However, the state’s regulator is now happy to move forward with the plans as they sent out a letter in which all licensees are advised that they must fully meet the new legal position by not providing iGaming services across state borders.

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As per reports, late on Friday, January 25^th, the New Jersey Division of Gaming Enforcement authorized the casino to begin so-called “soft-play” testing of systems and equipment, and the casino reportedly started doing so from Saturday.

According to a statement given by the casino president, Joe Lupo, he stated that an official announcement would be given by Hard Rock within the next few days regarding in-person sports betting at the casino.

Lupo also revealed that Hard Rock aims to have in-sports and online betting available before the Feb. 3 Super Bowl.

Out of the nine casinos in the city, Hard Rock would become the eighth to offer sports betting and also reportedly the last Atlantic City Casino to join the sports book race.

Ever-since wagering began in mid-June, nearly $1.24 billion has been bet on sporting events just in the state of New Jersey.

As per reports, till the period when sports betting was legal, it generated roughly $94 million in revenue for casinos and tracks out of which the state reportedly received $10.4 million in sports betting taxes.

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Currently, nearly 1887 gaming tables in 162 casinos, restaurants, bars and other night spots are operated by the company all over Finland.

An official statement was released by the firm on Monday, January 21^st in which it said that it will be holding redundancy talks which will involve nearly 1,300 employees out of its total workforce of roughly 2,000. Sources close to the matter claim that the firm aims to reduce its payroll by nearly 400.

Reports state that nearly half of those facing lay-off negotiations are based out of the Helsinki region, and the remainder of them being spread all over the country.

According to Veikkaus CEO Olli Sarekoski, he feels that due to the highly intense digital competition and business shifting onto digital channels these cuts are a must.

The statement given by Olli Sarekoski reads as follows, “Due to structural changes, our network of sales locations has shrunk considerably in recent years. Therefore we are planning significant overhauls of our gaming locations and an end to the restaurant gaming table business.”

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As per officials of the Casino, they revealed that a portfolio comprising of traditional supermarkets and hypermarkets are to be sold to Fortress Investment Group.

The company further gave another statement stating that it will be receiving an initial 392 million euros from the sale in the first half of 2019 and shall receive the additional 150 million euros in the next couple of years.

As per reports, through this deal, the company would be able to achieve its target set out last year of 1.5 billion euros earned through asset sales. Furthermore, Casino also said that it would examine further steps to cut its debt.

According to Standard & Poor back in March 2016, the Credit rating of Casino had a massive cut leading to a 30 percent drop in its shares in 2018.

Additionally, according to the resilient sales figures published back in the previous week, it shows that the stock has risen nearly 10 percent in 2019.

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However, for this deal to go through, it would require sports betting to become legal under Iowa law, subject to the approval of Iowa gaming regulatory authorities.

According to William Hill U.S. CEO Joe Asher, CEO, he said, “We are excited about the prospect of sports betting in Iowa and are thrilled to partner with Prairie Meadows to be ready for the day sports betting gets legalized in the state. We aim to make Prairie Meadows the place to bet and watch the games for which we will be building a first-class sportsbook.”

As per the announcement, once the regulatory and Iowa sports betting legislation approvals are complete, William Hill shall commence with the operation of a more than 8,600-square foot sports book on the casino’s Level 4, which is situated near the property’s racing center.

Sources close to the matter further revealed that a new bar surrounded by state-of-the-art video wall technology for viewing sporting events along with living betting odds are also included in the plans.

Speaking on the announcement, Gary Palmer, the President, and CEO of Prairie Meadows said, “Prairie Meadows is thrilled to partner with William Hill, the best name in sports betting, which will provide our guests with world-class sports betting experience.”

The first time the issue of sports betting was raised was back in the previous year’s legislature however it failed to pass as federal regulations banned any such practice outside Nevada. Given the most recent legal changes and sports betting getting legalized in a few states, Iowa hopes to follow in their footsteps.

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Significantly, as per reports, the original decision taken by Victoria was against the hosting a casino in the city, going as far as to draft a motion to inform B.C Liquor and Gaming of the decision.

Although with the appointment of a newly introduced amendment by councilor Marianne Alto, it has reignited some fuel to the matter. 

Reportedly her proposal has forced the council to reconsider the possibility of the casino bid made by a local First Nation.

In a statement councilor, Marianne Alto said, “In the spirit of the commitments that we’ve made around partnership, and support, and reconciliation that’s a door we shouldn’t close until we’ve had the conversation with them.”

Alto further added, “I think we need to make room for the nations to make their own choices.”

As per reports, The vote on the motion and the amendment shall be done by the Council on Thursday evening.

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As per reports, Okada is charged with illicitly receiving $3.15 million during an abbreviated reign as CEO of the Tiger Resort in Manila.

It was recommended by The Philippines Department of Justice (DoJ) that Okada is charged with three counts of fraud and Judge Rolando How was in agreement.

The DoJ’s allegations first came to light nearly a month ago, however, Okada filed a motion to reconsider due to which he sought to have the charges against him dismissed back then.

Okada has investments in Wynn Resorts. Also, the 76-year-old received most of his wealth by supplying his native country with pachinko machines a couple of decades ago. Currently, Tiger Resort is based out of Okada Manila.

Reportedly, Okada took the $3.15 million in funds as salary and consultancy fees however it was done without the approval of the board.

According to Japan times, Okada had served as CEO of Tiger Resort Leisure & Entertainment for only a month.

This is not the first instance where an arrest warrant has been filed against Okada as back in the previous year he was the center of controversy when the board of Universal Entertainment Corp. – the parent company of Tiger Resort accused him of altering nearly $20 million while he held the position of chairman.

Back in August, Okada was taken into custody in Hong Kong on the basis of those charges, however, he was subsequently released after posting bail. Currently, the whereabouts of Okada is unknown.

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As per reports, back in the previous year, the amount of money kept by the facilities after paying out winnings, basically revenue from Gambling increased by more than 7 percent at the state’s seven racinos amounting to nearly $1 billion.

Additionally, a report published by Cleveland.com suggests that there was more than 2 percent revenue increase to $837 million at the state’s four casinos.

Eligible to have both table games as well as slots under the regulation of the Ohio Casino Control Commission, is being fully utilized by casinos as per sources close to the matter.

However, currently sports gambling is not legal in Ohio, hence, the racinos, regulated by the Ohio Lottery Commission, are permitted to offer only slot machines.

Reports show that the state receives nearly one-third of the gambling revenue in fees or taxes.

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