The Double Down: All The BTW And FYI Of G2E
· 2023-10-16

The Double Down: All The BTW And FYI Of G2E

The reels are always spinning in the gambling industry, and “The Double Down” is here every Friday to catch you up on all of the week’s biggest news. Sports Handle’s “Get a Grip” rounds up everything on the sports betting side, and US Bets provides the best of the rest: brick-and-mortar happenings, online casino developments, poker headlines, horse wagering, and more. So pull up a chair, crunch the numbers, and slide forward another stack of chips.

Expo-nential coverage

The 2023 edition of the Global Gaming Expo — or G2E, as it’s better known — is over, having drawn more than 25,000 gaming industry professionals to Las Vegas this week, according to event organizers.

“Gaming is stronger than ever, and the products and ideas displayed at G2E this week will enhance our industry’s offerings not just here in Las Vegas, but around the world,” said AGA President and CEO Bill Miller in a statement when the conference wrapped up on Thursday. “G2E does more than convene the industry — it unites us. This year’s show truly highlighted the innovation and collaboration that is driving gaming’s current growth and paving the way for our future.”

A few numbers shared by G2E organizers: The event featured 368 exhibitors and participating companies, including 128 making their G2E debut, and attendees came from more than 125 countries, territories, and regions with regulated gaming.

Among those attendees were four members of the US Bets editorial team, who spent the week attending panels, meeting with industry analysts, and gathering intel. Matt Rybaltowski, Bennett Conlin, Mike Seely, and Jill R. Dorson all contributed to our weeklong running blog, which touched on everything from the reveal of Light & Wonder’s SQUID GAME slot machine to the future of iCasino legalization.

The horse betting industry was represented in a keynote session Tuesday with Churchill Downs Inc. CEO Bill Carstanjen, who was one of many acknowledging the major threat cyberattacks pose to the gaming business. 

Online payment processing was another focal point, and Fifth Third Bank Treasury Management Officer Josh Dunaway said during a panel discussion Wednesday that he expects credit card use to be phased out, but “debit will always be there.”

Naturally, there was much talk about the past, present, and future of the sports betting side of things as well during G2E, and our sister site Sports Handle covered that extensively from both the regulator perspective and the player point of view.

Next year’s dates have been announced, with education sessions running from Oct. 7-10, 2024, and the expo hall open from Oct. 8-10. And, as always, US Bets will be in the house, bringing all the pertinent information to readers.

This week on Gamble On …

Every Thursday, US Bets drops a new episode of the Gamble On podcast, and this week’s welcomed US Bets Associate Editor Mike Seely, direct from G2E, to offer further insights on what he saw and heard, particularly regarding one negative topic that was looming large:

The casino cybersecurity issue cast a pall on G2E this past week, and the conversation among insiders was "all doomsday stuff," as @mdseely tells #GambleOn: https://t.co/WG8aNgHtq2 pic.twitter.com/NXbiT2Yots

— US Bets (@US_Bets) October 13, 2023

What’s the frequency, gamblers?

Survey Says Over A Third Of Online Gamblers Visit Sites At Least A Few Times Each Day

So you’re telling me there’s a chance

Skill Vs. Chance Debate Will Decide Legality Of Machines In Pennsylvania Bars, Clubs

Billions and billions

U.S. Gambling Is A $328 Billion Business, According To The American Gaming Association

Ford escape

Indiana Sen. Jon Ford Simultaneously Leaving Statehouse, NCLGS Post

Spin city

FantasySpin Hopes To ‘Slot’ Itself Into The Daily Fantasy Sports Landscape

VP Harris lends support to Vegas culinary workers

Several thousand casino hospitality workers picketed on the Las Vegas Strip on Thursday evening, as negotiations continue on a new union contract.

Members from the Culinary Workers Union Local 226 protested outside eight MGM Resorts and Caesars Entertainment casinos Thursday, several weeks after union members voted to authorize a citywide strike. The union, which represents about 60,000 Nevada hospitality workers, is pushing for wage increases, enhanced job safety protections, and higher severance pay for certain laid-off workers, under a new five-year contract.

Protection of healthcare benefits is also an important issue for the union. At present, the union views its benefits as among the most generous in the nation. Workers do not pay out of pocket for health coverage for themselves, their spouses, and their children.

“We’d like to keep that, that’s really the bottom line,” a cocktail waitress who has worked at The Flamingo for the past 34 years told US Bets at Thursday’s rally.

Earlier Thursday, U.S. Vice President Kamala Harris met with union representatives at their Las Vegas headquarters. Asked if she will lend support to the union if there is a strike, Harris provided affirmation, according to union leadership.

Here's @KamalaHarris speaking about the Culinary Union today after visiting their HQ in Las Vegas.

"When they are in this fight, all people, all working people really do benefit. So I applaud them." pic.twitter.com/gGBmr41V2S

— Brett Forrest (@brettforrest89) October 13, 2023

Harris’ appearance came two days after MGM Resorts CEO Bill Hornbuckle commented on the impasse at G2E. “If you’re a tipped employee in today’s environment in Las Vegas with the rise in prices, you’re doing better than you’ve ever done,” Hornbuckle said.

While Hornbuckle is optimistic that a deal can be reached in the coming weeks, he insisted that the casinos will not agree to something “irrational.”

— Matt Rybaltowski

Eastern Kentucky gambling venue to open Oct. 26

Kentucky’s growing legal gambling scene will expand eastward on Oct. 26 with the opening of Sandy’s Racing & Gaming in Ashland near the West Virginia border.

It’s fair to say that without the runaway success of historical horse racing (HHR) — slot-like machines with results based on past horse races, with prizes paid out from parimutuel pools — in Kentucky, Sandy’s may not ever have come into being. With 700 HHR machines onsite, Sandy’s will eventually play host to the state’s first quarter horse racetrack, with construction on a 182-acre parcel of land set to begin in 2024.

Upon opening, Sandy’s will also feature a BetMGM sportsbook, along with several dining and live entertainment options. Spearheaded by Revolutionary Racing, Sandy’s counts the Eastern Band of Cherokee Indians and the Kentucky Quarter Horse Racing Association among its stakeholders.

— Mike Seely

More from around the gambling biz

GOLDEN STATE, INDEED: $1.765 billion Powerball jackpot goes to lucky lottery player in California [Associated Press]

PLAYING NICE: MGM sends special offers in wake of September cyberattack [Las Vegas Review-Journal]

LADY LUCK: Female slot players a growing demographic [CDC Gaming Reports]

TAKING STOCK: Las Vegas casino stocks are flirting with a bear market — that might be a sign an economic downturn is coming [Yahoo! Finance]

MIXED BAG AT MEDINAH: Bally’s temporary casino at Medinah Temple nets $6.7 million and 80,000 visitors in first few weeks [Chicago Sun-Times]

ANOTHER ONE RIDES THE BUS: LVCVA approves new bus contract for casino employees during Las Vegas Grand Prix [KTNV.com]

DANVILLE DEETS: More than a year after breaking ground, Caesars Virginia casino is on schedule for late 2024 opening [Danville Register & Bee]

Image: Blundell Design

熱門文章
哈薩克計劃對線上賭場促銷活動進行處罰
合規與政策
新澤西州7月博彩收入創6.06億美元新高,頒布禁令
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
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
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
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
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
英國確認各垂直行業的賭博稅稅率
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
超級PAC籌資4800萬美元:體育博彩勢力加碼
合規與政策
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
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
越南在線博彩業政策收緊 催生市場新機遇
東南亞資訊
越南博彩管控逐步放寬,惟本土需求仍顯乏力
東南亞資訊
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
首頁
遊戲
合作
發現
我的