Caesars Shareholders Strongly Reject Smoke-Free Casino Study Idea
Regulation · 2024-06-17

Caesars Shareholders Strongly Reject Smoke-Free Casino Study Idea

Only 18.9% of Caesars Entertainment shareholders voted in favor of commissioning a study looking at the economic impacts of smoke-free casinos. [Image: Shutterstock.com]

No luck

Despite increasing debate in the industry regarding the matter, most shareholders of Caesars Entertainment don’t want to study the possible economic effects of smoke-free casinos.

Healthcare company Trinity Health and Americans for Nonsmokers’ Rights Foundation requested that Caesars commission a study about potential cost savings of a smoke-free policy at the 52 properties it operates across the US. In a vote during the annual shareholder meeting last Tuesday, investors strongly rejected the idea.

only 18.9% of votes favored the measure

The filing with the Securities and Exchange Commission (SEC) related to the meeting shows that only 18.9% of votes favored the measure. The groups behind the idea acknowledged the support the motion did receive and said they plan to pursue another vote next year.

Happy with its current approach

The Caesars Board of Directors said in a statement in April that it believes that carrying out such a study wouldn’t be an efficient way to deploy resources and underlined that the company’s properties are all in line with smoking laws across the country.

Caesars shareholders weren’t the only ones to reject this idea; Boyd Gaming and Bally’s Corporation investors did the same last month during their respective meetings.

In calling on shareholders to reject the motion, the Board said the matter is a “complex business decision” and that Caesars already strikes a good balance in catering to both smokers and non-smokers.

Growing frustrations

While smoking in workplaces is no longer permitted in most states, bars and casinos are the main exceptions in certain jurisdictions like Nevada and New Jersey.

Workers complain about suffering from the effects of second-hand smoke while at their jobs. A group of Atlantic City casino employees expressed their displeasure at the dropping of a smoking ban bill by protesting the state Senate in December, lighting up cigarettes and blowing smoke at lawmakers.  

The only completely smoke-free casino on the Las Vegas Strip is the MGM Resorts International-owned Park MGM.

A recent study from the Nevada Tobacco Control and Smoke-Free Coalition found that the majority of respondents support prohibiting smoking in all workplaces with no exceptions. Casinos largely oppose change as they believe a ban would turn away customers and significantly hurt their bottom lines.

熱門文章
JILI 宣佈與全球板球傳奇 AB de Villiers(ABD)達成重磅戰略合作
體育遊戲
超級PAC籌資4800萬美元:體育博彩勢力加碼
合規與政策
西班牙監管機構警告在線賭博平臺存在身份盜竊行為
合規與政策
菲律賓博彩技術賽道迎來新變局,B2B 供應模式加速滲透
東南亞資訊
越南在線博彩業政策收緊 催生市場新機遇
東南亞資訊
菲律賓網絡賭博和加密貨幣仍構成持續的洗錢風險
東南亞資訊
哈薩克計劃對線上賭場促銷活動進行處罰
合規與政策
越南博彩管控逐步放寬,惟本土需求仍顯乏力
東南亞資訊
印度最高法院受理公益訴訟,要求全國禁封「偽裝」成社交遊戲的賭博平台
合規與政策
巴西擬將博弈稅率提高至24% 稅收將用於社保與醫療領域
合規與政策
灰度在iGB L!VE 2026展位T70和你相約7月,一起點燃倫敦的熱情!
灰度頭條
斯里蘭卡博弈產業大轉型,官方:劍指南亞拉斯維加斯
合規與政策
印第安納州在線賭場法案在眾議院委員會停滯不前
合規與政策
GGC Awards 2026 璀璨科倫坡:致敬 iGaming 行業的領航者與創新力量
灰度頭條
橫跨全球6個城市,灰度8場派對邀你共看世界盃,重塑高質量社交新場景
灰度頭條
首頁
遊戲
合作
發現
我的