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Alabama Casino Bill Passes Senate Committee

The first piece of actual legislation that would bring expanded gambling to Alabama unanimously passed through a Senate committee vote, according to a report from Bhamnow, a local media outlet. SB 214, sponsored by Sen. Del Marsh, would create a ballot initiative to allow voters to amend the state constitution and allow the creation of a state lottery, legalize sports betting and bring five casinos to the state. The bill unanimously passed through the Senate Tourism Committee by an 11-0 margin. It will head to the Senate for a floor vote. If it passes the Senate, it will head to the House. Since the bill would amend the state constitution, it needs a 60% approval in both chambers of the legislature in order to get on the ballot. If it achieves the nearly two-thirds necessary to pass, the question will be on the ballot for voters in November 2022. Over the last several years, there have been a handful of attempts at bringing more gambling to Alabama, including a sports betting bill that ....

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Bill Schmick | The Retired Investor: Gambling — the vice we love


The pandemic has altered the behavior patterns of many Americans. It has also forced states to reexamine their thinking in several areas, especially in taxation and spending. One of the biggest winners in this process appears to be gambling.
Clearly, with most of the nation’s leisure activities shut down, more and more Americans are looking for something to occupy their time. At the same time, thanks to massive losses in tax revenues, states are scrambling for ways to make ends meet. Sports and other forms of online gambling are an easy answer to shoring up state budgets while satisfying the consumer’s demand for more action in this burgeoning leisure market. ....

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Victorian Government under pressure over Crown Casino after NSW inquiry


Victorian Government under pressure over Crown Casino after NSW inquiry
TueTuesday 9
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FebFebruary 2021 at 5:26am
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Victorian Premier Daniel Andrews has defended the state s gambling watchdog after a scathing New South Wales inquiry found Crown Resorts was not suitable to hold a casino licence in that state.
Key points:
Mr Andrews says changes will be made to the Victorian Commission for Gambling and Liquor Regulation if they are needed
But he says the Government needs the time to read the thing after the report was handed down ....

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Packer's directors quit Crown board after damning report scuppers Sydney casino opening | Crown Resorts


An inquiry into James Packer’s Crown Resorts has found the company is not suitable to hold a casino licence at Barangaroo in Sydney, but a report has outlined steps the group could take to avoid the licence being revoked.
Photograph: Paul Braven/AAP
Two directors representing James Packer on the Crown Resorts board have resigned amid pressure from the head of the New South Wales casino regulator to resolve the company’s licensing crisis before the end of April.
The move, and Packer’s support for Crown’s “announced reform agenda”, appears to signal that the billionaire is not keen to fight regulators over recommendations made to clean up the casino group in a damning report tabled in NSW parliament on Tuesday. ....

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