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David Waddell Gaming Guru - Page 4 Gaming Industry Resources Are Plentiful5 July 2006
In recent years, hundreds of thousands of new employees have entered the gaming industry as casino gaming has proliferated throughout the globe. Those of us who have lived through the emergence of a new market know that gaming is a unique industry that mixes complex regulatory constraints with an industry focused on ensuring that customers have fun. ... (read more)
Michigan's Tourism Industry Examination21 June 2006
Tourism is the world's largest and fastest growing industry, totaling approximately $6 trillion in 2005. On a state level, research cited by a Michigan State University (MSU) shows that the state of Michigan has not made tourism an economic development priority, and also shows that Michigan currently has a large travel trade deficit. ... (read more)
Internet Wagering Becomes A Felony in Washington State7 June 2006
Effective today, June 7, 2006, placing a bet over the Internet on an on-line casino is a felony in Washington State, with penalties potentially including a prison term of up to five years and a $10,000 fine. The State of Washington is the first U.S. state to make such wagering a felony, although several states make such activities a misdemeanor. ... (read more)
MGM Grand Demonstrates Commitment to the Economic Success of Detroit24 May 2006
Earlier this month, Mike Neubecker, Vice President of Finance for MGM Grand Detroit Casino, gave a presentation to the Michigan Gaming Control Board (MGCB) on the status of MGM economic development efforts in the City of Detroit.
According to the development agreements between the City of Detroit and the three casinos, each casino has a number of business and social commitments it must uphold. ... (read more)
House Subcommittee Refers Internet Gambling Bill to Full Judiciary Committee10 May 2006
Last week, the House Judiciary Subcommittee on Crime, Terrorism and Homeland Security referred an Internet Gambling bill (H.R. 4777) to the full Judiciary Committee for consideration. The proposed legislature, sponsored by Rep. Bob Goodlatte and 131 co-sponsors, is the latest attempt by the United States Congress to put the genie back in the bottle with respect to Internet gambling. ... (read more)
Get on the "Bus": Barden Partners with Bettis in Pennsylvania26 April 2006
ast week, the Pennsylvania Gaming Control Board held a public hearing on proposals that have been made for a casino license in the city of Pittsburg. Detroiters Don Barden, and recently retired Pittsburg Steeler Jerome Bettis teamed up to form one of the bidders, PITG Gaming, LLC. At the hearing, Motown Star, Smokey Robinson, led the presentation on behalf of the group, and Mr. ... (read more)
AGA 10th Anniversary Research Series Reports Available On-Line12 April 2006
In celebration of its 10th anniversary last year, the American Gaming Association sponsored a series of research white papers on issues focused on the growth and development of casino gaming across the country and the industry's impact on the communities where it is located. Each report is prepared by individuals or organizations with specialized knowledge of the topics involved. ... (read more)
Michigan Tribal Casino Expansion Update29 March 2006
In December of last year, I provided an update on the permanent casino plans in Detroit, Michigan. After publishing that column I received several inquiries as to what other casino developments are pending in Michigan, specifically related to the Native American casino segment. In the State of Michigan ... (read more)
Department of Interior Leadership Change Comes at a Critical Time15 March 2006
On Friday, Secretary of Interior Gale Norton submitted her resignation to President Bush after serving for five years. Ms. Norton is resigning at the end of this month. Deputy Interior Secretary Lynn Scarlett will assume leadership of the Department until President Bush appoints a successor. On Monday of ... (read more)
Federal Internet Gambling Prohibition Legislation Re-Introduced1 March 2006
On February 16th, 2006 United States Congressmen Bob Goodlatte (R-VA) and Rick Boucher (D-VA) reintroduced proposed legislation (the "Bill") entitled the "Internet Gambling Prohibition Act" in the United States Congress. A similar piece of proposed legislation was previously introduced in both the 106th and ... (read more)
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