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PA Mobile Sports Betting, iGaming Updates
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There are currently 10 iGaming license holders and three iGaming operators that have been approved. Several of those operators should be ready to launch that week.
There isn’t a controlled launch for mobile sports betting like for iGaming, so operators can set test launches live as soon as possible, the Gaming Control Board said.
NORTON NOTES: Atlanta Would Be Great Locale for a Casino
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By Steve Norton
CEO, Norton Management
Georgia Senate Creates Committee to Study Gambling
My comment:
Georgia should look at the economic benefits that a destination casino, like the Las Vegas Venetian, could do for Atlanta's existing near 100,000 room hotel industry which is a city also enjoying the benefits of having the world's busiest airport. The addition of a destination casino resort, with its showrooms and lounge entertainment, plus meeting and exhibit space, would grow the number of conventions and trade shows coming to Atlanta but would also add more exhibitors and attendees to the existing and planned conferences.
Drew Las Vegas Delayed
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The 3,780-room Drew, which will have more than 550,000 square feet of meeting and convention space, was supposed to open in late 2020.
The Drew will be unlike anything on the Strip today as it will include curated experiences from around the world, the company said.
The building originally broke ground in 2007 as the Fontainebleau, but that $2.8 billion project went bankrupt in 2009. Carl Icahn bought Fontainebleau in 2010 for $150 million and sold it to Witkoff in 2017 for $600 million.
NORTON NOTES: Think Carefully Connecticut
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By Steve Norton
CEO, Norton Management
Connecticut Sports Betting Hinges on Tribes
My comment:
Connecticut is right to develop a form of sports betting, that will effectively compete with illegal overseas sites, and bookmakers. This would ensure fair odds, payment of large winning bets, and working with the various sports leagues to rout out any "Black-Socks" type scandals.
Plus, legal sports betting would provide jobs to CT residents, a small amount of tax revenue to CT, and some income to gaming operators, preferably at live gaming sites, rather than online.