Trends, News & Interesting Reads

The gambling industry in Canada isn’t a Northern backwater enterprise any more. Canadians and their provincial governments are embracing gaming entertainment with Grande Vegas and a wide range of additional brick-and-mortar and online initiatives. Ontario has been a leader in bringing gambling to Canada on a big scale and its casino industry brings a boost to the local economy. 

Some of the latest casino happenings in Ontario include: 

The Supreme Court ruling that allows states to legalize sports betting is only a few months old but states, Vegas casino companies and other gaming enterprises are now beginning to come to grips with what the new laws mean.

One of the biggest changes involves the ability of states to legislate online gambling. Many states have done just that including New Jersey where sports betting and online gaming are moving ahead quickly.

Security at the Macau casinos is some of the toughest in the world. The Vegas online and land-based casino industry fights a daily battle against the region’s organized crime which has been, for many years, intertwined with politics. When the Portuguese ruled Macau as a colony the Portuguese administration had a cozy relationship with casino operators. Together with the general bureaucratic corruption, the situation was ripe for organized criminals to grab a big piece of the pie. 

In an effort to help consumers learn more about the addictive components of slots entertainment, the Ontario Gambling Corporation is testing “calorie labels” on its casinos’ online Vegas games slot machines. The experiment, which was designed in an attempt to copy the warning labels that are placed on nutritionally questionable foods, gave the slots gamers basic information about slots odds and its focus on getting players to play more and more. 

The growing Asian market, sports betting and a proliferation of new slot machines is fueling the growth of the Vegas online and land-based casino market. By 2023, estimates are that the global gambling market will reach revenues of over $525 billion with a 4% CAGR growth in the years leading to 2023.

The market, which is seeing increasing penetration of online gaming and betting across the North American and European region, will be augmented by increasing per capita income, growing interest and rising number of dual-income households worldwide.  It’s expected that the increasing penetration of mobile applications and the rising demand for online games will help attract new players in this market over the next few years. 

College sports officials were some of the most vocal opponents of the push to lift the ban on sports betting. Now that the Supreme Court has ruled that sports betting is, indeed, legal in states where the state legislature authorizes the practice, these officials are monitoring the situation carefully to make sure that the online (maybe at our own Grande Vegas one day?) and offline sportsbooks respect college football’s unique position. 

The first college football games of 2018 were played last week and it was the first time that legal gambling was allowed on predictions of the games’ outcomes. Gambling on college football has been taking place – illegally – around the country for decades but now it’s out in the open. Everyone is getting ready for the adjustment. 

Mississippi has been building its Vegas casino industry for almost 3 decades, making it an attractive tourist destination for area travelers. The state legalized casinos in riverside and coastal counties where the residents of those counties agreed to host the casinos. Today Mississippi hosts multiple casino venues, both small and large, as well as sports betting operations and Vegas online entertainment.

Mississippi’s Gaming Control Act of 1990 legalized casino games in tribal casinos and on riverboat casinos, live poker, lottery betting and bingo games. Mississippi’s legislature added sports betting to its list of sanctioned gambling activities after the US Supreme Court ruled, in May of this year, that states could legalize the activity in their state.

Starting as a little known domino-like card game played in China in the 10^th century, poker evolved into the game of Ad Nas of Persia and Poque of 17^th century Europe. Today poker is one of the casino’s most popular online Vegas games that features multiple variations. different modes of play and a lot of interactive action. 

Card game enthusiasts around the world gather at the poker table at their local land-based casino or sign into their online casino account to play against the dealer. For gamers who are looking for a chance to take part in a more competitive poker match, there are poker tournaments that take place in various locations around the world.

Barely 3 months after the United States Supreme Court ruled that states could legislate their own sports betting laws, the move towards sports betting is fast and furious. Five states presently allow sports betting – Nevada, New Jersey, West Virginia, Delaware and Mississippi – and over a dozen more have pending legislation that will, if passed, bring sports betting to their state in the near future - either through land-based casinos, or through online casinos, like our very own Grande Vegas Casino. 

Some of the latest news in the world of sports betting includes: 

Almost 50 years ago the United States Supreme Court ruled that  states do not have authority to tax Natives on their reservations. In addition, the Court said, states lack the authority to regulate Native activities on reservation lands. This ruling set the stage for Native American tribes to set up casinos on their reservations and operate the casinos themselves.

Over the years, the issue of tribal casinos has returned to the Supreme Court numerous times. States attempted to exert authority over the Vegas online and land-based casino activities that took place within their states and the tribes fought back, arguing that the states lacked authority to make these types of decisions.