Oklahom<span id="more-5543"></span>a Casinos Shutter Dallas Market From A-List Entertainment Through Non-Compete Clauses

The WinStar World Casino has more gaming space than any other gambling venue into the US, and the Oklahoma casino is also dominating the region’s entertainment and music scene through non-compete clauses.

Oklahoma casinos located near the Texas border are forcing certain entertainment that is a-list to sign non-compete agreements barring them from performing in the nearby Dallas metro area leading around and following their scheduled dates.

The quicker State houses dozens of Native American tribal gaming gambling enterprises and facilities. On the other hand is Texas, a state that largely bans gambling and it has just one single Indian casino.

In Dallas, hawaii’s third largest metropolis, an evergrowing concern is non-compete clauses Oklahoma casinos are utilizing with high-profile acts. According to a recent tale in the Dallas Observer, the Choctaw Casino Resort in Durant and the WinStar World Casino in Thackerville are making sure acts at their venues attract the largest crowds possible.

‘Everybody has radius clauses in their offers,’ Robin Phillips, a buyer that is talent Anschutz Entertainment Group (AEG), told the Dallas Observer. ‘There’s are just kind of different… It affects many of us because we’re losing music artists to your gambling enterprises.’

Gambling Enterprises Gamble

Radius clauses prevent an artist like Willie Nelson or Justin Bieber from playing in a certain radius that is geographic typically 100 miles, before and after a scheduled concert that may extend to because much as six months in length.

They come at a price, and gambling enterprises are willing to sit back at the negotiating table.

The first action to managing a successful casino is to get as much individuals possible within the door. It’s why venues on the Las Vegas Strip have no qualms paying dollar that is top prestigious touring acts as well as residency headliners.

For regional gambling enterprises, entertainment is also more coveted. That’s because unlike Vegas resorts that are neighbored by a large number of other casino floors, local gambling venues are generally not within walking distance of the competing casino.

Caesars Palace has no guarantee that a Mariah Carey ticket-holder is going to gamble in its casino before or after the show. But fans of a musician playing at the Choctaw Casino do not have the option of walking up to a casino that is nearby.

Casinos factor in added revenues to premium that is paying for artists, comedians, and other entertainment acts. More traditional facilities like arenas and stadiums typically only rely on actual ticket sales, and therefore have the weaker hand against the casinos.

New Demographic

Hospitality companies involved in gambling are rushing to find methods to attract the millennial demographic who seem weary of many traditional video gaming platforms including slots. The first step up that revelation is to get them in the casino and know more about their habits.

The 20 and 30-somethings are taking a liking to skill-based slots, social gaming, game titles, and interactive and digital offerings. Resorts World in Atlantic City opened the first-of-its-kind Internet gaming lounge in 2015.

But casinos aren’t only following the gambling buck.

Restaurant Marketing Labs, an interactive media company that specializes into the restaurant industry, discovered that millennials spend more money dining out each thirty days than non-millennials. The millennial that is average $174 each month at restaurants.

WinStar World has something for all tastes with three specialty dining choices, eight casual restaurants, and six cafes and serve that is quick.

It’s yet another part dish to exactly how casinos are using music and entertainment to fuel revenues, and ideally, the next generation of casino patrons.

GOP VP Nominee Mike Pence Stumps in Nevada, Gambling Views Surface

Donald Trump’s running mate Mike Pence made two stops in northern Nevada this week to promote the GOP candidate, however the Indiana governor’s largely anti-gambling stance could prove problematic in winning over this swing state that is key. (Image: nydailynews.com)

Republican vice-presidential nominee Mike Pence visited Nevada this week, where their views on gambling and the casino industry fittingly attracted plenty of attention.

The Indiana governor whom shares the GOP ticket with billionaire businessman Donald Trump made campaign stops at the Carson Nugget in Carson City and Grand Sierra Resort in Reno on August 1.

The 57-year-old’s longtime opposition to casinos was certainly felt by those in attendance although Pence didn’t specifically address his gambling views during either appearance.

A steadfast conservative who was an early on supporter of the Tea Party movement, Pence is apparently a fish out of water due to a casino. But while the topic of video gaming didn’t come up at the town halls, a lot of other controversial things did.

Probably the most moment that is contentious when a girl asked Pence why he had been running with a man who disparages the military. Her question was at reference to a remark Trump made about the Khan family through the National that is democratic Convention whether slain soldier Humayun Khan’s mother ended up being forbidden to speak during her spouse’s remarks, due to her Muslim heritage.

‘Capt. Khan can be an American hero, we honor him and their family,’ previous Marine Pence replied. The governor’s own son happens to be serving being a Marine as well.

Pence on Gambling

So how does Mike Pence stand on gambling?

During his years that are three-and-a-half Indiana’s governor, Pence has remained adamantly in opposition to allowing the state’s 10 riverboat casinos to come ashore and bring live dealers to the venues. Indiana also has one land-based casino and two racinos.

Knowing Pence’s opposition, the continuing state legislature passed a gaming expansion bill that takes effect in 2021. Pence allowed the bill to pass without their signature.

The French Lick Resort Casino, originally surrounded by way of a moat that is manmade match the state’s riverboat video gaming regulations, was transformed to your first land-based casino in Indiana in 2008.

Pence has additionally supported the anti-online-gaming-oriented Restoration of America’s Wire Act (RAWA) during his governorship. In 2014, a letter was written by him to his state’s federal electorate, urging them to support that legislation, originally authored by Sen. Lindsey Graham (R-South Carolina) and Rep. Jason Chaffetz (R-Utah).

A antagonist that is strong gambling online, Pence also opposed a state measure to allow online horse race wagering. Then in a surprise move, Pence did signal a measure to regulate daily dream activities (DFS) in March.

Trump is more likely to support online and gambling that is land-based their running mate. But like his record in Atlantic City, their casino history in Indiana had been turbulent.

Trump wished to buy French Lick in 2004 and was the bidder that is high but negotiations ultimately fluttered, and Trump’s company withdrew its proposal. And up north in Gary, Indiana, on Lake Michigan, the candidate’s drifting Trump Casino was sold in 2005, when Trump Hotels & Casino Resorts filed for bankruptcy.

Key Problem in Silver State

Video gaming and tourism is, needless to say, vital to Nevada’s economy. Based on the Nevada Resort Association, the industry pays over $2 billion in taxes and fees towards the state each 12 months.

Twelve for the state’s top 20 companies are casinos, and eight regarding the top 10 taxpaying corporations are gambling enterprises. Appealing to voters in Nevada by presenting pro-gaming stances could place the odds in a prospect’s favor, but Trump-Pence might have sent the wrong guy.

A key swing state come November, Pence didn’t talk about gambling during his Nevada visit, because much of his casino record doesn’t align with the typical pro-gaming voter in the state with the silver state.

Brand New York Regulates Constant Fantasy Sports

New York Governor Andrew Cuomo gave the thumbs up to DFS night that is last he signed the Bonacic bill into law. (Image: Karp/Bloomberg Information)

Daily fantasy activities is back in action in nyc State, as Governor Andrew Cuomo signed a bill into law last evening that legalizes, licenses and regulates the competitions.

Brand New York becomes the seventh state to regulate DFS, and by far the largest. It’s the industry’s second market that is biggest after California, having an estimated 600,000 customers provided by both DraftKings and FanDuel.

Whenever New York AG Eric Schneiderman successfully litigated to have the contests closed down, protestors took to your streets.

Schneiderman targeted DFS in the wake of the Ethan Haskell insider trading scandal, releasing a study that ultimately concluded the competitions amounted to gambling that is illegal accused DraftKings and FanDuel of false advertising and ‘repeated and persistent fraudulent acts,’ in its usage of first deposit bonuses.

DFS on Death Watch

After various legal skirmishes, the two sites consented to shut their operations down in New York and in return Schneiderman would refrain from pursuing litigation which would hold them accountable for vast amounts of dollars in fines.

There was a recommendation then that DraftKings’ and FanDuel’s ultimate compliance might have been down with their confidence that is reasonable that York ended up being willing to pass guidelines to legalize DFS.

‘Last fall, amidst national controversy, some pundits put fantasy sports on death watch,’ said FanDuel’s CEO Nigel Eccles in an statement that is official.

‘But when the calendar considered 2016 and fantasy sports fans had the opportunity to be heard and legislators had the opportunity to act, the dynamic quickly shifted, and something by one states began to recognize this is a game loved by millions; millions who should have the ability to play and deserve the basic defenses afforded to customers in all major industries.’

Eccles noted that more than 10,000 letters had been delivered and nearly 3,000 calls made to lawmakers backing his company’s instance.

Litigation for Past Infractions Remains

‘As I’ve said from the start of my office’s research into daily fantasy sports, my work is to enforce the law and protect New Yorkers from unlawful or unscrupulous conduct,’ said his old adversary, AG Schneiderman.

‘Today, the Governor has finalized a bill that amends the law to be able to legalize fantasy that is daily contests, with consumer protections for nyc players. I will enforce and defend the new law.’

But Draftkings and FanDuel aren’t completely from the woods yet, based on Scheiderman, who said that their false advertising and consumer fraud litigation against web sites would continue to go forward.

Senator John Bonacic, the sponsor that is main of bill, meanwhile said that he hoped his legislation might serve as a model for the others of the country.

Illinois Casinos Lose $51 Million Settlement Stemming From Former Governor Rod Blagojevich Case

The fallout from former Illinois Governor Rod Blagojevich’s corruption continues as $51 million in awarded damages to Illinois casinos was rescinded this week. (Image: AP photo/politico.com)

Illinois casinos lost $51 million this week, but maybe not at the hands of a streak that is hot gamblers. Instead, the Seventh Circuit Court of Appeals in Chicago is responsible for the mammoth take.

All of it comes from one of Illinois’ most infamous politicians, former Governor Rod Blagojevich (D). The politician that is impeached of soliciting bribes to satisfy Barack Obama’s US Senate seat following his election to the presidency sent Blagojevich behind pubs for 14 years.

Affectionately referred to as ‘Blago,’ the Governor that is 40th of’ corruption wasn’t isolated to naming Obama’s replacement.

During Blagojevich’s arrest in 2008, it was revealed that horse racetrack executive John Johnston had bribed the governor with a $100,000 campaign contribution. In exchange, Blago signed a bill that many believed become an excessive tax on their state’s leading gambling enterprises.

The legislation placed a three % tax on modified gross revenues at Illinois’ four riverboat casinos that are largest. The proceeds were directed to the Horse Racing Equity Trust Fund.

At the time, that suggested an approximated $36 million a year in new revenue for the horsemen.

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‘These bills will help protect the jobs of several thousand hardworking individuals who rely on the horse industry that is racing their livelihood,’ the governor said after signing the bill. ‘They will also create a more level playing field that will allow the horse racing industry to stay competitive.’

Johnston was never forced to follow through with his bribe as Blagojevich ended up being arrested ahead of the contribution was compensated. However, the law that is new.

Judge Overturns Verdict

Gambling enterprises impacted by the bribe sued Johnston’s Balmoral Racing Club and Maywood Park Trotting Association, and also brought action that is legal Blagojevich. a federal jury awarded the casinos $25.9 million in damages two years ago.

The prosecution successfully argued that Johnston and Blagojevich’s actions constituted a conspiracy to engage in a pattern of racketeering. Under the Racketeer Influenced and Corrupt businesses Act (RICO) passed in 1970, unlawful and civil damages are topic to treble, or tripled rewards of actual compensatory damages.

The $25.9 million ballooned to $77.8 million. This week the Chicago appeals court reversed the ruling.

‘The jury didn’t have evidence that is legally sufficient help a verdict finding a conspiracy to take part in a ‘pattern’ of racketeering activity, as necessary for liability for a RICO conspiracy theory,’ the court opined.

‘ a corrupt public official is criminal and wrong, but without more, it is really not enough to prove a pattern of racketeering activity.’