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[toc]A few weeks ago PlayUSA listed fifteen states that are candidates to consider online gambling legislation in 2018.
Aug 09, 2019 This statistic shows the largest casino companies by revenue worldwide in 2018. The extremely successful Las Vegas Sands Corporation, parent-company of famous Las Vegas casino-resorts, The. Online Gaming Companies Online gaming is quite different from other casino brands. A large number of these companies were founded on the internet, primarily in the early 2000s when online gambling was much less scrutinized and the market in the US was booming. Nov 18, 2014 The city, once known as the World’s Playground, had become unclean and unsafe. The number of visitors had fallen, and casino revenues were plummeting. Christie then announced a plan to return Atlantic City to its rightful place as the East Coast’s premier entertainment destination.
One of the stated reasons for this optimism is the belief that the legalization of online gambling in Pennsylvania will have a ripple effect.
One specific way Pennsylvania could spur on legislative action is the growing presence some of the online casino operators in New Jersey and future operators in Pennsylvania have in some of the candidate states.
In this column, Play USA will take a look at five candidate states where current land-based operators could increase their lobbying efforts in favor of online gambling legislation.
The land-based operators with a stake in the game
The following land-based casino operators all have a vested interest in seeing online gambling spread beyond the borders of New Jersey, Nevada, Delaware, and Pennsylvania.
MGM
MGM is currently active in New Jersey. Many expect the company to be a part of Pennsylvania’s online gaming market too. MGM operates casino properties in three of the five candidate states.
Penn National
Penn National is expected to be involved in Pennsylvania online gaming. The company also operates casino properties in three of the five candidate states.
Caesars
Caesars is already active in New Jersey and Nevada. It will almost certainly launch a Pennsylvania online gaming site through its Harrah’s Philadelphia property. Additionally, it operates casino properties in two of the five candidate states.
Rush Street
Rush Street is active in New Jersey. It is a lock to get involved in Pennsylvania where it operates two casinos, Rivers and SugarHouse. The company operates casino properties in two of the five candidate states.
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Tropicana
Tropicana has an online casino in New Jersey, so it might have some interest in becoming a skin of a licensed operator the Pennsylvania market. However, Tropicana operates a casino in just one of the five candidate states.
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The settings
Here’s a look at each operators presence in the five candidate states, and how their lobbying efforts might impact legislative efforts.
Massachusetts
Massachusetts has three casino operators, two of which are from our protagonist list above:
- MGM
- Wynn
- Penn National
Penn National operates the Plainridge Park Casino in Plainville, Massachusetts. The racino opened in June 2015.
MGM Springfield is slated to open in September 2018.
MGM and Penn National are active or likely to be active in at least one state with online gambling, and both have been vocal advocates of online gambling.
Working against their efforts will be the third casino operator, Wynn.
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Refuting earlier reports, a Wynn spokesperson said Wynn Resorts’ online gambling position has not changed in a statement to Online Poker Report in March 2017.
“Among other concerns, we continued to believe that online gambling is unable to effectively identify and authenticate the end user, creating a risk of underage gambling. We still maintain our position on this matter, as communicated by Mr. Wynn over the last several years.”
New York
In February 2017, Rush Street opened a new casino in Schenectady, New York.
Rivers Casino Schenectady was one of four newly authorized casinos in New York to open its doors in the last year, joining the state’s existing commercial racinos and tribal casinos.
How much sway Rush Street will have in New York is unclear. New York has a disparate gaming industry comprised of racing, tribal gaming, commercial casinos and the state lottery, all with different interests and goals.
That said, with the state already on the precipice of legalizing online poker, Rush Street could be the subtle nudge needed to get the Empire State across the finish line.
Michigan
Michigan is another state giving online gambling a serious look.
MGM owns and operates MGM Detroit casino, one of three commercial casinos in the state. MGM is the only national/international gaming operation in the state, so how influential it can be will largely depend on the amount of resources it wants to devote to Michigan.
Illinois
The Illinois legislature could be lobbied by no less than four casino corporations when it revisits online gaming in 2018.
Rush Street operates Rivers Casino in Des Plaines, Illinois.
MGM operates Grand Victoria in Elgin, Illinois in conjunction with Hyatt Hotels.
Penn National operates three Illinois gaming establishments:
- Argosy Casino in Alton, Illinois
- Hollywood Casino in Aurora, Illinois
- Hollywood Casino in Joliet, Illinois
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Caesars also operates three Illinois gaming properties:
- Harrah’s Joliet
- Harrah’s Metropolis
- Horseshoe Hammond
If all four of these companies can get on the same page they could present a strong, unified front capable of convincing the legislature that online gaming should be on its agenda.
Indiana
Like Illinois, Indiana has three land-based casino operators who are advocates for online gaming.
Caesars owns Horseshoe Southern Indiana. Additionally, the company recently completed an acquisition of Centaur Holdings to increase its presence in the state. Centaur owns and operates Anderson, Indiana’s Hoosier Park Racing and Casino and Shelbyville, Indiana’s Indiana Grand Racing and Casino.
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Penn National owns Hollywood Casino in Lawrenceburg, Indiana.
Tropicana also has a presence in Indiana, Tropicana Evansville Casino.
Of all the states on this list, Indiana seems like the biggest long shot (the state has never introduced an online gambling bill), but as we’ve seen in previous years, online gaming candidates can come out of nowhere.
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Industry | Online casino |
---|---|
Founded | 2012 |
Headquarters | Swieqi, Malta |
Products | Casino, Games, Table games, Jackpots |
Owner | Casumo Services Limited |
Website | Casumo.com |
Casumo is a Maltese company in the online casino industry that provides games through its desktop and mobile products. Casumo has its headquarters in Malta and has additional offices in Barcelona and Gibraltar.
Background[edit]
Casumo is licensed to operate remote gaming business by the Malta Gaming Authority.[1] In 2015, Casumo received its license[2][3] to operate in the United Kingdom from the UK Gambling Commission. In April 2019, Casumo received a 5 year license to operate in Denmark from the Danish gambling authority.[4][5]
In March 2018, Casumo agreed a deal with sportsbook supplier Kambi, to deliver a gamified sports betting product to its customers.[6]
Regulatory sanctions[edit]
On 10th of May 2018 the UK Gambling commission imposed a financial penalty under section 121 of the gambling act at the sum of £5,850,000 on Casumo Services Limited. The fine was due to breach of Anti money laundering measures and failure to comply with social responsibility code of practice. The licensee has accepted the decision. [7]
Sponsorships[edit]
Casumo has recently partnered with the eSports team Planet Odd[8][9] and has also sponsored Wembley Arena[10] where eSports events are held.
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On 28 June 2019, Casumo announced a two-year principal sponsorship deal with Reading F.C.[11]
Awards[edit]
- 2013 eGaming Review (EGR) Awards: Rising Star
- 2014 eGaming Review (EGR Awards: Innovation in Casino[12]
- 2015 eGaming Review (EGR) Awards: Innovation in Casino
- 2015 eGaming Review (EGR) Awards: Mobile Casino Product of the Year
- 2017 eGaming Review (EGR) Awards: Affiliate Program[13]
- 2017 eGaming Review (EGR) Nordic Awards: Mobile Operator[14]
- 2018 eGaming Review (EGR) Nordic Awards: Mobile Operator[15]
- 2019 International Gaming (IGA) Awards: Online Casino Operator[16]
- 2018 UK Gambling Commission (UKGC) [7]
References[edit]
- ^'Licensed Operators - Malta Gaming Authority'. Mga.org.mt. Archived from the original on 2017-06-06. Retrieved 2017-08-11.
- ^'Casumo continues expansion efforts with UK launch'. igamingbusiness.com. 2 October 2015. Archived from the original on 9 August 2017. Retrieved 2017-08-11.
- ^'Account details'. Secure.gamblingcommission.gov.uk. Archived from the original on 2017-08-09. Retrieved 2017-08-11.
- ^'Casumo launches in Denmark'. egr.global. Archived from the original on 2019-05-09. Retrieved 2019-05-24.
- ^'Casumo Service Ltd'. spillemyndigheden.dk. Archived from the original on 2019-05-24. Retrieved 2019-05-24.
- ^'Casumo Enters Sports Betting Market with Kambi Deal'. 14 March 2018. Archived from the original on 7 August 2018. Retrieved 19 March 2018.
- ^ ab'Gambling Commission takes widespread regulatory action against online casino operators'. gamblingcommission.gov.uk. Archived from the original on 2019-09-14. Retrieved 2019-11-13.
- ^'Planet Odd sign Thunderbirds'. Gosugamers.net. Archived from the original on 2017-08-10. Retrieved 2017-08-11.
- ^'Malta based igaming company Casumo, invests in esports!'. Gamers.com.mt. Archived from the original on 2017-08-10. Retrieved 2017-08-10.
- ^'Casumo secures live partnership with SSE Arena Wembley'. Sbcnews.co.uk. 8 March 2017. Archived from the original on 12 March 2017. Retrieved 2017-08-11.
- ^'Casumo signs two-year partnership deal with Reading Football Club'. readingfc.co.uk/. Reading F.C. 28 June 2019. Archived from the original on 28 June 2019. Retrieved 28 June 2019.
- ^'EGR Rising Star Award 2014'. egrmagazine.com. May 2018.
- ^'EGR Operator Awards Winners 2017'. Archived from the original on 2018-08-07.
- ^'EGR Nordics Awards 2017 - Winners'. egr.global. Archived from the original on 2017-01-28. Retrieved 2017-08-11.
- ^'2018 eGaming Review (EGR) Nordic Awards: Mobile Operator'. egr.global. Archived from the original on 2018-03-23. Retrieved 2018-03-11.
- ^'2019 International Gaming (IGA) Awards: Online Casino Operator'. gaming-awards.com. Archived from the original on 2019-02-07. Retrieved 2019-02-06.