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Hotel, Casino And Gaming News: U.S, Global

October 9, 2024

Hard Rock Casino Rockford has 2nd largest GGR

Illinois

Hard Rock Casino Rockford brought in the 2nd highest casino gambling revenue of any casino operating in Illinois. In September 2024, Hard Rock Casino Rockford brought in $13,717,722 in revenue. That makes Rockford’s casino the second largest in revenue in the state, behind the Rivers Casino Des Planes, which brought in $41.5 million in September. The total GGR for Illinois in September was $138.9 million with 1,140,023 admissions; the 2023 GGR was $132.1 million with 1,038,436 admissions.

News

Tropicana implosion paves way for A's stadium

Nevada

The Tropicana Casino and Resort, one of the last true mob buildings on the Las Vegas Strip, was reduced to rubble Wednesday morning. The implosion cleared land for the proposed $1.5 billion baseball stadium for the relocating Athletics, which is part of the city's latest rebrand into a sports hub.

News

Shift to attract millennials to casinos

Nevada

Innovations in gaming space and expanding technology in the postpandemic era continue to attract a new, younger generation to Las Vegas and its casinos, MGM Resorts International President Bill Hornbuckle said Tuesday at the Global Gaming Expo.

News

Allegiant Stadium to host Gold Cup soccer matches

Nevada

International soccer will once again kick off at Allegiant Stadium next summer. The Las Vegas Convention and Visitors Authority approved an event production agreement during its Tuesday board meeting, including matches in the CONCACAF Gold Cup tournament in June 2025.

News

Ten Vegas restaurants together grossed almost $200M in 2023

Nevada

Never underestimate the power of a seat on the Las Vegas Strip. Alexxa’s in Paris Las Vegas, which offers some of the best street-side dining on the boulevard, was the highest-grossing independent restaurant in the city in 2023, according to Restaurant Business. Alexxa’s brought in $28.8 million in food and drink sales, and about 600,000 meals served. The restaurant ranked No. 9 on the list…The 10 Vegas restaurants (all but one on the Strip) in the top 100 together racked up nearly $200 million in sales for 2023.

News

Revenue Surges 48% Year-Over-Year in September 2024

West Virginia

West Virginia’s sports betting revenue surged in September 2024, seeing a 48% increase compared to the same month last year…the state generated $7.1 million in revenue from a $46.4 million handle, marking the second-highest monthly revenue ever recorded for the state’s sportsbooks…the total handle—$46.4 million wagered—was down 7% compared to September 2023.


Casino And Gaming News

Macau

October 2024

Macau's gaming revenue jumps 15 percent

Macau's gaming revenue rose 15.5 percent year-on-year in September, exceeding analysts' forecast as casinos gear up for one of China's biggest holidays, which usually fuels travel to the gambling hub.

Gross gaming revenue reached 17.25 billion patacas (HK$16.73 billion) for the month, according to data released by the Gaming Inspection and Coordination Bureau. The result is compared to the median analyst estimate of a 14.2 percent increase and has returned to 78 percent of the pre-pandemic level seen in 2019.

The reporting was still lower than in the previous month, as September - when children go back to school and it being a peak typhoon month - is historically a weak season for Macau.

Expectations for the Golden Week holiday, which started yesterday, are high. Advanced bookings for hotel rooms are strong, with bigger gamblers making reservations earlier than usual, Citigroup analyst George Choi wrote in a note.

Affluent players remain able and willing to spend, and the trend seems to be accelerating, Choi said, citing a survey of gaming table performances.

Still, retail sales in Macau have shown signs of weakness. Lower-spending players appear to be betting less for the first time since China's reopening from Covid early last year, according to Choi. It is expected that this trend will ease as Beijing's recent announcement of a series of economic stimulus measures boosts disposable income, he added.

News

Global Gaming

Eklutna tribe clears land for anticipated casino

Alaska

A tribe near Anchorage has begun clearing land for the possibility that it will soon win federal approval to build a 50,000-square-foot facility with a tribal gaming operation. The casino would be the first of its kind outside Southeast Alaska. The Native Village of Eklutna has long pursued the idea of building the gaming hall on 8 acres of land…The parcel is in Birchwood, about 20 miles northeast of downtown Anchorage.

News

Julapun pushes for talks on casino complex plan

Thailand

Deputy Finance Minister Julapun Amornvivat is calling on all relevant state agencies to discuss the government's push to allow casinos to operate within entertainment complexes. He hopes the discussion can be concluded by the middle of the month. He said the discussion will focus on the mechanism for tax collection, as there are restrictions in the State Fiscal and Financial Disciplines Act that the government must adhere to.

News

Nevada

Sports Betting Revenue Grows in August

Nevada sports betting posted August gains in handle and revenue, total August volume surpassed $455.2 million, a boost from the $431.6 million bet during the same month last year. Nevada sports betting operators cleared $25 million behind a 5.5% August win rate…The 5.5% hold for NV sportsbooks is one of the lowest this year, though on par with the market’s average win rate of less than 6%.

News

Florida

Slot revenue rises to $54.9 million in August

Florida Gaming Control Commission has revealed that the state’s non-tribal casinos collected almost $54.9 million in net slot revenue in August from around $825.6 million in wagers. That’s a 1.5 percent year-on-year increase from the $54.1 million generated in August 2023. With 1,236 machines, Harrah’s Pompano Beach Casino, reported as the Isle Casino & Racing at Pompano Park, led with $9.8 million of the total.

News

Pete Rose dies at age 83

Pete Rose, baseball’s career hits leader and fallen idol who undermined his historic achievements and Hall of Fame dreams by gambling on the game he loved and once embodied, has died. He was 83. Stephanie Wheatley, a spokesperson for Clark County in Nevada, confirmed on behalf of the medical examiner that Rose died Monday. Wheatley said his cause and manner of death had not yet been determined. Rose is in the WWE Hall of Fame (Celebrity Wing) Rose was grabbed around the neck in a staged skit by the late, great, Andre The Giant. And yes, there are some WWE themed slot games, mainly found in Vegas, Atlantic City and Florida from what the foot soldiers tell us.

News

Australia

Star Sydney could be worth as little as $8m: Barrenjoey consultants; Star Entertainment’s Sydney casino has emerged as a laggard in the troubled company’s property portfolio with one estimate putting its valuation as low as $8m!

News

Atlantic City

Atlantic City hotels defeat latest class action over casino room rates

Major casino-hotel operators in Atlantic City including Caesars Entertainment and MGM Resorts have persuaded a U.S. judge to dismiss a proposed consumer class action accusing them and a revenue management platform of overcharging for room rentals.

U.S. District Judge Karen Williams in Camden, New Jersey, ruled, opens new tab on Tuesday that the consumers had failed to present enough evidence to let their price-fixing lawsuit move ahead.

Williams dismissed the consumers’ lawsuit with prejudice, meaning it cannot be filed again. The case was part of a wave of new lawsuits claiming the use of revenue management platforms that rely on rivals' data can be deemed price-fixing.

The judge’s ruling marked a second setback for plaintiffs claiming that major hotels schemed to artificially jack up room rates. Consumers in a related case have appealed a Nevada federal judge’s order dismissing their lawsuit against Wynn Resorts, Caesars and others.

In both cases, the plaintiffs alleged hotel owners fed sensitive internal information — such as real-time price and occupancy data — to a shared software platform that offered pricing recommendations.

The hotels and the software maker, Cendyn, which was also a defendant, have denied any wrongdoing.

Representatives from Cendyn, Caesars Entertainment, MGM Resorts and Hard Rock on Tuesday did not immediately respond to messages seeking comment.

The plaintiffs’ attorneys in the New Jersey case at law firms Lite DePalma Greenberg & Afanador; Burns Charest; and Susman Godfrey did not immediately respond to a similar request.

The consumers said in their lawsuit that the hotels used Cendyn’s “Rainmaker” software “as their shared pricing brain” that “does all the hard work for them.”

They said “while the AI-driven technology at issue may be fairly novel, the underlying conduct is not.” (Wires)


Casinos/Profile via Grok

Here's an overview of the latest updates and trends regarding casinos as of October 2024, based on the information available:

Global Expansion and New Developments:

Jamaica is re-opening the application period for an integrated casino-resort license, indicating interest in expanding its tourism and entertainment offerings through casino gaming.

Norfolk, Virginia has given final approval for a new casino project, which will likely contribute to local tourism and economy, reflecting a trend where cities are increasingly seeing casinos as economic development tools.

Japan and UAE are among the regions moving towards establishing casino facilities, aiming to attract tourists. However, these might be restricted to non-locals, a common practice to control potential social impacts of gambling within the local population.

New York continues to explore online gambling legislation, which could significantly expand the casino industry's reach in the state by legalizing online casinos.

Economic Performance:

Nevada, particularly Las Vegas, reported a slight decline in casino winnings for August 2024 compared to the previous year, suggesting possible market saturation or shifts in gambling preferences towards other forms like online betting.

Innovation and Entertainment:

Steve Cohen, the owner of the New York Mets, has proposed an $8 billion casino and entertainment complex next to Citi Field, illustrating how casinos are increasingly integrated with sports and entertainment complexes to offer multifaceted experiences.

Technological and Gaming Trends:

There's a noted trend towards tightening up on various casino offerings like comps, free play, and even slot machine payouts, possibly in response to increased competition from online gambling platforms and a need to adjust profit margins.

Online Gambling continues to grow, with platforms like Ignition Casino, Cafe Casino, and DuckyLuck Casino highlighted for their offerings in the U.S. This reflects a broader shift towards digital platforms, where convenience, a variety of games, and bonuses are key attractions.

Security and Social Responsibility:

Casinos globally are enhancing their surveillance and security measures, often referred to as "the eye in the sky," to combat cheating and fraud, ensuring a safer environment for all patrons.

There's an ongoing emphasis on responsible gambling, with various regions implementing measures and support systems for gamblers, recognizing the potential social and economic impacts of casino gambling.

Market Sentiment:

From posts on X (formerly Twitter), there's a mix of excitement about new casino developments and concerns over the tightening of casino offerings, suggesting a complex relationship between gamblers and the industry.

In summary, the casino industry in 2024 is witnessing expansion into new markets, integration with broader entertainment complexes, technological adaptation towards online platforms, and a strategic focus on security and responsible gambling. This reflects an industry evolving to meet new consumer behaviors, technological capabilities, and regulatory environments. (Grok)


Casino News/Profile via Grok

The term "casino" refers to a facility where gambling activities take place, which often integrates with other entertainment options like hotels, restaurants, and live shows, making it a central hub for leisure and gambling. Here's an overview based on current insights and historical context:

Evolution of Casinos: Originating from the Venetian Ridotto in 1638, casinos have evolved from exclusive gambling houses to multifaceted entertainment centers. Today, they are known for merging traditional gambling with modern technology, offering everything from classic table games to digital slots and live dealer sessions.

Modern Online Casinos: The digital age has ushered in online casinos, providing an accessible platform for gambling from anywhere. These platforms, like those highlighted in recent promotions on X, offer various incentives such as bonuses for new sign-ups, free spins, and the integration of cryptocurrencies for transactions, enhancing user engagement with promises like "deposit now and receive FREE BTC!" This reflects a trend towards digital currencies in gambling for increased security, anonymity, and efficiency.

Cultural Impact and Controversy: Casinos, both physical and online, are not without controversy. They're often discussed in terms of their societal impact, including issues like gambling addiction. A perspective shared on X questions the legality and morality of state-run casinos like Holland Casino in the Netherlands, pointing out the potential for addiction due to high stakes gambling, contrasting it with smaller community events like bingo nights.

Entertainment Beyond Gambling: Besides gambling, casinos are pivotal in the entertainment industry, hosting concerts, stand-up comedy, and even sports events. This diversification aims at attracting a broader audience, not just gamblers, enhancing their appeal as comprehensive entertainment hubs.

Global Presence: Casinos like Marina Bay Sands in Singapore and those along the Las Vegas Strip are not just gambling venues but architectural marvels and economic powerhouses, contributing significantly to local economies through tourism.

Technological and Thematic Innovation: Modern casinos incorporate advanced technology for surveillance and game fairness, alongside themes that range from historical to futuristic, creating immersive environments for visitors.

Community and Legal Perspectives: There's an ongoing debate about the accessibility of casinos to locals, especially in regions where gambling might be viewed as culturally or legally sensitive. This reflects in discussions on platforms like X, where the impact of allowing locals into casinos like in Vietnam is pondered, weighing tourism benefits against social costs.

In summary, "casino" in today's context represents more than just gambling; it's a convergence of technology, entertainment, and sometimes, societal debate. The integration of online platforms and cryptocurrencies is pushing the boundaries of traditional gambling, making it more inclusive yet sparking discussions on regulation, addiction, and societal impact. (Grok)

Casino And Gaming News

Macau

October 2024

Macau's gaming revenue jumps 15 percent

Macau's gaming revenue rose 15.5 percent year-on-year in September, exceeding analysts' forecast as casinos gear up for one of China's biggest holidays, which usually fuels travel to the gambling hub.

Gross gaming revenue reached 17.25 billion patacas (HK$16.73 billion) for the month, according to data released by the Gaming Inspection and Coordination Bureau. The result is compared to the median analyst estimate of a 14.2 percent increase and has returned to 78 percent of the pre-pandemic level seen in 2019.

The reporting was still lower than in the previous month, as September - when children go back to school and it being a peak typhoon month - is historically a weak season for Macau.

Expectations for the Golden Week holiday, which started yesterday, are high. Advanced bookings for hotel rooms are strong, with bigger gamblers making reservations earlier than usual, Citigroup analyst George Choi wrote in a note.

Affluent players remain able and willing to spend, and the trend seems to be accelerating, Choi said, citing a survey of gaming table performances.

Still, retail sales in Macau have shown signs of weakness. Lower-spending players appear to be betting less for the first time since China's reopening from Covid early last year, according to Choi. It is expected that this trend will ease as Beijing's recent announcement of a series of economic stimulus measures boosts disposable income, he added.

News

Global Gaming

Eklutna tribe clears land for anticipated casino

Alaska

A tribe near Anchorage has begun clearing land for the possibility that it will soon win federal approval to build a 50,000-square-foot facility with a tribal gaming operation. The casino would be the first of its kind outside Southeast Alaska. The Native Village of Eklutna has long pursued the idea of building the gaming hall on 8 acres of land…The parcel is in Birchwood, about 20 miles northeast of downtown Anchorage.

News

Julapun pushes for talks on casino complex plan

Thailand

Deputy Finance Minister Julapun Amornvivat is calling on all relevant state agencies to discuss the government's push to allow casinos to operate within entertainment complexes. He hopes the discussion can be concluded by the middle of the month. He said the discussion will focus on the mechanism for tax collection, as there are restrictions in the State Fiscal and Financial Disciplines Act that the government must adhere to.

News

Nevada

Sports Betting Revenue Grows in August

Nevada sports betting posted August gains in handle and revenue, total August volume surpassed $455.2 million, a boost from the $431.6 million bet during the same month last year. Nevada sports betting operators cleared $25 million behind a 5.5% August win rate…The 5.5% hold for NV sportsbooks is one of the lowest this year, though on par with the market’s average win rate of less than 6%.

News

Florida

Slot revenue rises to $54.9 million in August

Florida Gaming Control Commission has revealed that the state’s non-tribal casinos collected almost $54.9 million in net slot revenue in August from around $825.6 million in wagers. That’s a 1.5 percent year-on-year increase from the $54.1 million generated in August 2023. With 1,236 machines, Harrah’s Pompano Beach Casino, reported as the Isle Casino & Racing at Pompano Park, led with $9.8 million of the total.

News

Pete Rose dies at age 83

Pete Rose, baseball’s career hits leader and fallen idol who undermined his historic achievements and Hall of Fame dreams by gambling on the game he loved and once embodied, has died. He was 83. Stephanie Wheatley, a spokesperson for Clark County in Nevada, confirmed on behalf of the medical examiner that Rose died Monday. Wheatley said his cause and manner of death had not yet been determined. Rose is in the WWE Hall of Fame (Celebrity Wing) Rose was grabbed around the neck in a staged skit by the late, great, Andre The Giant. And yes, there are some WWE themed slot games, mainly found in Vegas, Atlantic City and Florida from what the foot soldiers tell us.

News

Australia

Star Sydney could be worth as little as $8m: Barrenjoey consultants; Star Entertainment’s Sydney casino has emerged as a laggard in the troubled company’s property portfolio with one estimate putting its valuation as low as $8m!

News

Atlantic City

Atlantic City hotels defeat latest class action over casino room rates

Major casino-hotel operators in Atlantic City including Caesars Entertainment and MGM Resorts have persuaded a U.S. judge to dismiss a proposed consumer class action accusing them and a revenue management platform of overcharging for room rentals.

U.S. District Judge Karen Williams in Camden, New Jersey, ruled, opens new tab on Tuesday that the consumers had failed to present enough evidence to let their price-fixing lawsuit move ahead.

Williams dismissed the consumers’ lawsuit with prejudice, meaning it cannot be filed again. The case was part of a wave of new lawsuits claiming the use of revenue management platforms that rely on rivals' data can be deemed price-fixing.

The judge’s ruling marked a second setback for plaintiffs claiming that major hotels schemed to artificially jack up room rates. Consumers in a related case have appealed a Nevada federal judge’s order dismissing their lawsuit against Wynn Resorts, Caesars and others.

In both cases, the plaintiffs alleged hotel owners fed sensitive internal information — such as real-time price and occupancy data — to a shared software platform that offered pricing recommendations.

The hotels and the software maker, Cendyn, which was also a defendant, have denied any wrongdoing.

Representatives from Cendyn, Caesars Entertainment, MGM Resorts and Hard Rock on Tuesday did not immediately respond to messages seeking comment.

The plaintiffs’ attorneys in the New Jersey case at law firms Lite DePalma Greenberg & Afanador; Burns Charest; and Susman Godfrey did not immediately respond to a similar request.

The consumers said in their lawsuit that the hotels used Cendyn’s “Rainmaker” software “as their shared pricing brain” that “does all the hard work for them.”

They said “while the AI-driven technology at issue may be fairly novel, the underlying conduct is not.” (Wires)

Gaming, Hotel And Casino News: U.S

September 2024

New Jersey Internet gambling sets new record at $198M in revenue, but land casinos lag

Internet gambling in New Jersey had its best month ever in August, bringing in over $198 million in revenue even as most of Atlantic City’s land-based casinos continued to win less than they did before the COVID-19 pandemic. Figures released Monday by the New Jersey Division of Gaming Enforcement show that internet gambling brought in $198.4 million, the highest monthly total ever recorded in the state and an increase of nearly 28% from a year earlier. That was the good news for Atlantic City’s gambling industry.

News

BetMGM impresses in NFL Week One, Jefferies analyst says

BetMGM handily outperformed the field in New York state in the first week of NFL wagering, according to data published September 15 in a Jefferies Equity Research investor note penned by analyst James Wheatcroft. According to Wheatcroft’s analysis, BetMGM grew its handle 54 percent from last year, revenue 24 percent, and winning margins 8.2 percent. For the market overall, the handle grew by 14 percent, but revenue dropped 43 percent and margin was down 6.8 percent. FanDuel recorded a seven percent decrease in handle and 54 percent lower revenue.

News

llinois: Casino revenue shoots up 3.1% in August after a slow summer

Illinois casinos posted positive monthly revenue for the first time since the spring. The state’s 15 casinos combined for a win of $140 million in August, up 3.1% from July’s total of $135.8 million. Revenue totals do not include online casinos because iGaming is illegal in the Prairie State. Illinois is a leading earner for land-based revenue and sports betting handle (total amount bet). But, is nowhere to be found in the world of online casinos. The state’s legislators made two attempts to legalize IL online gaming this year, but both fell short.

News

F1 not moving the Vegas needle, Truist analyst says

“F1 stuck in neutral for now,” wrote Truist Securities analyst Barry Jonas, leading off a September 16 investor note on the subject of Las Vegas room rates. He deemed them “fairly stable but soft” into the fourth quarter. A Truist survey of Las Vegas hotel-room prices had shown growth in August followed by slowness throughout the fall. Jonas said these findings were congruent with MGM Resorts International’s forward-looking commentary during its second-quarter earnings call. Wrote Jonas, “While our survey is just one facet of the market and can change, we note continuing investor concerns around slowing growth amidst tough comparisons.”

News

August casino revenue $63 million

Virginia (results) - Lottery Commission - The Virginia Lottery released its report on casino gaming activity for the month of August 2024. There are three operating casinos in Virginia: HR Bristol, Rivers Casino Portsmouth, and Caesars Virginia. During August, gaming revenues from Virginia casinos totaled $63.1 million. Hard Rock Bristol $15.9 million, Rivers Casino Portsmouth $26.6 million, and Caesars Virginia $20.4 million. Virginia law assesses a graduated tax on a casino’s AGR, or wagers minus winnings, and $11.8 million in taxes were paid to the Gaming Proceeds Fund.

News

MGM getting more solar energy with rural Nevada solar farm

Nevada (Las Vegas) - A solar farm in the remote Nevada desert will double MGM International’s capacity to use solar energy. It entered a power purchase agreement with a utility-scale solar company to use its forthcoming facility in Lincoln County. The company is expected to begin using that boost in green energy in 2026. MGM uses 90 percent renewable energy for 11 of its Las Vegas resorts’ daytime needs, the company said, but the new solar farm and battery storage facility will power 100 percent of daytime needs and some of what’s needed for nighttime.

News

Three Strip casinos get new top exec

Nevada (Las Vegas) - Three casino properties on the Las Vegas Strip will soon have a new boss following the company departure of the trio’s former top executive. Ken Ostempowski will be assuming the role of senior vice president and general manager of Paris Las Vegas, Planet Hollywood and Horseshoe. Ostempowski currently holds similar roles overseeing The ROW Reno, a three-casino resort destination in Northern Nevada operated by Caesars. According to Ostempowski’s LinkedIn profile, he has held executive-level positions in multiple gaming markets, including Las Vegas, the Gulf Coast, the Midwest and Colorado.

News

Strip resort reveals rare tier-match offer

Nevada (Las Vegas) - For the first time since introducing a new player rewards program, a Las Vegas Strip casino is offering to upgrade gamblers’ loyalty cards to a comparable level from other casinos. The Venetian casino-hotel is launching a tier-match promotion that will allow customers to receive a Venetian Rewards card status that is on par with or better than what they currently have with another casino operator. The Venetian Resort Las Vegas’ tier-match event begins Oct. 1, according to a recent email, and will run through Jan. 1.

News

Boyd bets big on large sportsbooks even as mobile betting flourishes

Nevada (Las Vegas) - The largest sportsbook operated by Boyd Gaming Corp. may not be the place “where everybody knows your name.” But that sentiment is the reason the company (with its nine Las Vegas casinos) and other gaming operators continue to invest millions of dollars into expanding or modernizing large sportsbooks with massive viewing screens, comfortable seating areas and food and beverage options. Those expenditures happen even as more than 65 percent of Nevada’s $8 billion sports gaming industry come through mobile wagering accounts — bets made anywhere outside the casino. “A sportsbook is more than just a place to make wagers,” said Boyd Gaming Vice President of Race & Sports Bob Scucci. “At our properties, the sportsbook is the place where people come four or five times a week. It’s where they go to meet their friends and congregate.”

News

Opening sportsbook with Jay-Z at Ocean Casino, Fanatics CEO Michael Rubin explains Atlantic City’s appeal

Michael Rubin’s love for Atlantic City goes back to when he was about 12 years old. “The gambling age was 18 when I was a kid,” the once-small kid from Philadelphia recalled. “I remember when I was 12 years old, I went to an Atlantic City casino, to Caesars. It was 40 years ago. I won $2,500. I called my mom from a pay phone and said, ‘Mom, I got great news! I just won $2,500!’ She asked how, and I said, ‘I’m in a casino in Atlantic City,’ and she goes, ‘You’re grounded, get home.’ That’s my favorite story.”

News

A jobs boon from a casino at Manhattan’s Hudson Yards? Experts aren’t betting on it.

When casino giant Wynn showed off plans for its Hudson Yards West casino proposal last month, it enlisted progressive heavyweights to make the case that the venture would be a jobs bonanza for poor and working-class New Yorkers. The endorsements were full-throated and infused with hope and promise. Leaders from the NAACP, National Urban League and Win, New York City’s largest provider of family shelter and permanent supportive housing, were among the groups that said the proposal would bring significant career opportunities.

News

Maine’s first in-person sports betting bar opens in Portland

Maine’s first, in-person sports-betting bar is officially open. “Oddfellahs” opened on Market Street on Friday… The bar has partnered with Caesars Sportsbook, one of two sportsbooks authorized under Maine’s new law to run sports betting, the other being DraftKings. The founder of “Oddfellahs” says there’s more to the bar than just sports betting.

News

IIlinois Gaming Board renews Rivers Casino’s license

The Illinois Gaming Board on Thursday renewed Rivers Casino’s gaming license as well as Hawthorne Race Course’s master sports wagering license. Both renewals by the state agency came via unanimous 4-0 votes and are good for four years, with Rivers now licensed through August 2028 and Hawthorne through September of that year.

News

Bellagio removing trees as F1 prep begins on the Las Vegas Strip

The Las Vegas Grand Prix is around the corner and the Bellagio casino-hotel is days away from starting race preparations. On Monday, work crews will begin removing the trees in front of the Fountains of Bellagio along Las Vegas Boulevard to make room for the construction of the Bellagio Fountain Club (an F1 spectator area for VIPs). (Wires, A.I News)

Sydney, Australia

24 hours to fix a casino: Star chases cash to fend off insolvency -
September 1, 2024

The Star Entertainment Group is chasing hundreds of millions of dollars in extra funding from investors as the embattled casino operator fights the clock to stave off financial collapse.

Discussions with its major investors, such as pokies billionaire Bruce Mathieson, continued deep into Sunday evening ahead of the expected release of Star Entertainment’s annual results on Monday.

A fresh injection of cash into the business would allow Star to secure its ongoing viability after a second probe into the company’s culture found it unsuitable to hold a casino licence.

Mathieson, with an estimated wealth of $2.5 billion, is one of the investors to have backed Star’s previous rounds of capital raising last year, which netted close to $1.5 billion. The casino operator’s business is currently worth just $1.3 billion, based on the last trading price of its stock at 45 cents.

Fund manager Perpetual has been another willing backer of Star Entertainment in recent months. Mathieson owns a 9.6 per cent stake but recently received regulatory approvals to acquire up to 20 per cent of Star’s shares. Meanwhile, Perpetual lifted its stake to 8.8 per cent in May but would need regulatory approval to lift its stake above 10 per cent.

The next 24 hours will be crucial for the casino operator, which was forced to delay the announcement of its full-year results on Friday. Star Entertainment needs to show the market it has the funding needed to stabilise its underperforming casino business while also fixing the probity issues that have left the company’s retention of its Sydney casino licence in doubt.

According to reports in the Australian Financial Review, Star is also talking to its lenders about debt relief and possible fresh funding. It is also said to be talking to the NSW and Queensland governments about tax relief.

The company was sounding out investors for a $300 million raising last week via a convertible notes issue before the final report of a second inquiry into its Sydney casino landed from Adam Bell, SC, on Friday. While the report said Star Entertainment was still unfit to hold a licence, it stopped short of recommending the licence be revoked.

Star’s latest results are expected to reveal massive writedowns of its newly opened Brisbane casino, Queen’s Wharf, which cost nearly double the initial $2 billion estimate, and at a time when casinos are underperforming across the country due to the cost of living crisis and anaemic tourist interest. The Queen’s Wharf precinct is a joint venture with Chow Tai Fook Enterprises and Far East Consortium.

Star Entertainment chief executive Steve McCann, who previously led Crown Resorts through to its takeover by US private equity group Blackstone, joined the company in June.

“I recognise that there are many complex issues and challenges for the company to address,” McCann said at the announcement of his appointment.

“I am committed to working with the board and the various stakeholders to help drive change, restore confidence and achieve a sustainable resolution.”

Star Entertainment will also have to contend with the soon-to-be-implemented cashless gaming cards, which are designed to stop money laundering and address problem gambling on poker machines but will hit the company’s pokie revenues in Sydney.

Earlier this year, Star issued a downgrade saying it now expects to generate just $1.68 billion in total revenue from its two casinos in Queensland and its casino in NSW this financial year. This is a fall from $1.8 billion in 2023, which was originally thought to be the low point.

The Star recorded a total loss of $2.44 billion in 2023. Its then CEO, Robbie Cooke, was adamant at the time the group would do better this year.

On top of its underperforming casino business and the remediation needed to retain its casino licence, Star also faces further fines, including from the money laundering regulator AUSTRAC. Last year, Star provided for fines and penalties of $150 million from alleged non-compliance with anti-money laundering laws in its financial report for the half-year ended December 31, 2022, after ASIC raised concerns.

Gaming analysts from Macquarie estimate the AUSTRAC fine could hit $350 million, but another significant issue is what cost-cutting is needed to keep it in line with structurally lower revenues next year.

“Star Entertainment has attractive long-duration casino licences across Queensland and NSW, but there are near-term uncertainties on the earnings, and a long list of outstanding issues which need to be cleared before we can get comfortable with the investment thesis,” Macquarie said.

Star also faces class action lawsuits on behalf of investors who have watched the stock plunge from a pre-pandemic high of $4 to just 45¢ as of last week.

Star declined to comment on Sunday. (Wires)

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Gaming, Hotel, Casino and Sports News: USA

July 2024

American Gaming Association announces 2024 Gaming Hall of Fame inductees

The American Gaming Association Wednesday announced the Gaming Hall of Fame Class of 2024, honoring three individuals for their contributions to the industry. The new members are: Jim Allen, Hard Rock International Chairman, Seminole Gaming CEO, and former chairman of the AGA. Alan Feldman, UNLV International Gaming Institute Director of Strategic Initiatives and Distinguished Fellow in Responsible Gaming, and a former executive with MGM Resorts International. Debi Nutton, Everi Holdings Board Member, executive coach-consultant, and former casino operations executive. (CDC, AI News, Wires)

News

Las Vegas: Downtown Grand hotel-casino seeks buyer

A downtown Las Vegas hotel-casino is looking for a buyer. Downtown Grand, the 1,124-room property one block north of the Fremont Street pedestrian mall, is on the market, multiple industry sources confirmed. The property is owned by real estate investment firm CIM Group and operated by Fifth Street Gaming, a Las Vegas-based operator whose portfolio includes the Silver Nugget and Ojos Locos Sports Cantina and Casino in North Las Vegas and the Golden Tiki restaurant in Chinatown. Fifth Street Gaming and the property’s agent...did not respond to multiple requests for comment Tuesday.

News

New Jersey fines DraftKings $100K for reporting inaccurate sports betting data to the state

In one of the most sternly worded rebukes they have ever issued, New Jersey gambling regulators have fined DraftKings $100,000 for reporting inaccurate sports betting data to the state, which it called “unacceptable conduct” that demonstrated weaknesses in the company’s business abilities. The errors resulted in regulators having to post corrected financial data for several months, something that had not happened in 13 years. The mistakes involved overstating the amount of money wagered on multi-tiered bets, or parlays, and understating other categories of wagers.

News

Golden Nugget Lake Tahoe hotel renovations set to begin

The Golden Nugget Lake Tahoe Hotel and Casino is moving ahead with major renovations under its new owner, billionaire Tilman Fertitta. Last August, Feritta’s Golden Landry’s LLC and GN NV Holdings acquired the Hard Rock Lake Tahoe from Paragon Gaming with cash, then rebranded it. Fertitta’s attorney Sonia Vermeys with Brownstein Hyatt Farber Schreck told the Nevada Gaming Control Board Wednesday that the her client had always intended to finance the transaction. In December, the owner of the land entered into a term-loan agreement with Deutsche Bank.

News

Bermuda regulator’s reports show efforts to resolve casino industry roadblock

Failed efforts by the Bermuda Gaming Commission to solve the banking issues that have held up the launch of a casino industry are described in newly released annual reports. David Burt, the Premier, finally tabled the publicly funded regulator’s reports for 2020 to 2023 in the House of Assembly last Friday, after falling behind in sharing them with taxpayers. They shed some light on how the commission has tried to get banks to handle casino transactions — a necessity for the sector to get up and running — but even the most recent report, for 2022-23, is out of date.

News

Bally’s Chicago secures casino financing, unveils new hotel design

One week after taking possession of the Freedom Center printing plant, Bally’s has secured the needed financing to supplant it with a $1.7 billion Chicago casino complex on the 30-acre site in River West. Bally’s announced a deal Friday with Gaming and Leisure Properties, a Pennsylvania-based real estate investment trust, to provide $940 million to fund the construction of the permanent casino. In addition, Bally’s has also finalized redesign of its planned 500-room hotel tower, which has been shifted from north of the casino to the south to avoid damaging city water pipes along the Chicago River, pending approval from the city’s planning department.

News

Walmart is preparing major push into lottery sector

At its annual summit in early April, retail giant Walmart convened various lottery industry vendors and suppliers and revealed, more or less: Walmart is preparing a push from lottery bystander to active participant and competitor, with plans to launch an app that it may eventually equip with iLottery capabilities. The message was conveyed in meetings with the likes of IGT, Scientific Games, NeoPollard, and others currently working with the retail behemoth. Walmart representatives unveiled a slogan aimed at the lottery industry, “Be in it to Win it,” according to presentation materials from the Bentonville, Arkansas summit that were reviewed by Lottery Geeks.

News

Colorado: RCI Hospitality pulls casino license applications in Colorado

Entertainment company RCI Hospitality Holdings has withdrawn its applications to operate casinos from the Colorado Division of Gaming. The company, known for operating strip clubs and nightclubs like Rick’s Cabaret and restaurants like Bombshells Restaurant and Bar, also disclosed its intention to develop its share buyback program. The decision follows the NASDAQ-listed company’s acquisition of three properties in Central City for potential casino developments, which will not proceed as planned. The company also intends to sell other properties that are no longer required, including a 20,000-square-foot building and another site initially intended for a 30,000- to 40,000-square-foot development.

News

Las Vegas: Tropicana operators take the next step toward implosion

The Tropicana is one step closer to coming down, after property operators submitted a commercial implosion permit application with Clark County officials on Thursday. A permit application shows Bally’s Corp., operators of the former Rat Pack-era resort, want to implode a 22-story concrete tower and a 22-story steel tower in a “single explosive event.” A spokesperson for Bally’s said the company is still expecting an October implosion. No other details were available. The company tasked with the implosion will be Controlled Demolition Inc., according to the application. (CDC, AI News, Wires)


News

Gaming, Casino and Property News

Nevada sets May gaming revenue record

In Case You Missed It

June 27, 2024

Nevada set a May record with $1.32 billion in gaming revenue. It was also the eighth highest total in history as the Strip continues to benefit from a strong events calendar that boosted hotel occupancy and room rates.

The $1.32 billion rose 2.5% or $31.6 million versus May 2023. For the year, total win is up 3.2% or $202 million, according to the Nevada Gaming Control Board.

Of that, the combined total for the Las Vegas Strip and the balance of Clark County are up $207.2 million or 4.9% for the year. The Strip alone is up 3.5% for the year.

The Strip’s gaming win of $742.5 million increased 3.7% or $26.6 million and accounted for 84.1% of the statewide increase in May. Statewide win excluding the Strip increased $5 million or 0.9%, according Michael Lawton, senior economic analyst for the Gaming Control Board.

Lawton said the Strip benefited from a very robust event calendar in May. Harry Reid International Airport recorded its second highest month in passenger count in history in May.

The Las Vegas Convention and Visitors Authority reported 3.65 million visitors in May, a 4.6% increase over May 2023’s 3.49 million. The LVCVA cited the Electric Daisy Carnival, which typically attracts hundreds of thousands of attendees, and convention attendance of 461,900, up 1.8%.

Lawton said special events or other items of note included Canelo Alvarez fighting Jaime Munguia at the T-Mobile Arena on May 4 for the undisputed Super Middleweight world title. Justin Timberlake performed at the T-Mobile Arena for his “Forget Tomorrow” world tour on May 10. The Rolling Stones played Allegiant Stadium on May 11. The MGM Grand Garden Arena featured Pearl Jam for two nights on May 17-18. Maroon 5 returned to Dolby Live at Park MGM May 17-31. Garth Brooks and Adele were both in town for their residencies at the Colosseum at Caesars Palace for multiple dates during the month of May. Carrie Underwood returned to the Resorts World Theatre from May 22-31.

The strong event schedule helped fill hotel rooms; overall occupancy was 86.1%, up from 84.4% a year ago. Weekend occupancy was 93.4%, up from 93.2%. Strip occupancy hit 88.5%, up from 87%. The average daily room rate on the Strip was $212, up 9% from $194 a year ago, according to the LVCVA.

The Strip’s slot win totaled $402.9 million and increased 2.6% or $10.1 million with a 6.5% or $306.3 million increase in coin-in. Slot hold was 7.99% versus 8.29% last year, Lawton said.

The Strip’s games win totaled $339.5 million and increased 5.1% or $16.4 million and drop increased 4.9% or $100 million. Games hold percentage was 15.8% versus 15.7% last year.

Strip baccarat win totaled $122.1 million, but was down $8.7 million or 6.6%. Volume totaled $758.1 million, down 2.4% or $18.2 million. Hold was 16.1% versus 16.9%. Total win excluding baccarat increased by 6% or $35.2 million.

Strip twenty-one win of $93.2 million increased 17.6% or $13.9 million. Volumes totaled $615.3 million and increased 10.43% or $58.1 million. Hold percentage was 15.15% versus 14.23% last year.

Strip roulette win of $37.4 million increased 55.5% or $13.3 million. Volumes totaled $185.9 million and increased 28.7% or $41.5 million. Hold percentage was 20.09% versus 16.63% last year.

Locals casinos generate $277.7 million in revenue in May, up 5.1% year over year. Revenue is up 10.3% for the second quarter compared to a year ago.

Downtown casinos had $74.8 million, up 1.6% over $73.6 million in May 2023. North Las Vegas had $24.7 million, up 2.1% over last year. Downtown’s occupancy reached 76.1% in May, up from 71.4% a year ago. Room rates were up 15.4% to $124.92

Elsewhere, Laughlin had $36.9 million, down 21.4% from $46.9 million a year ago. Mesquite had $16.3 million, up 8.5%. Reno had $65.2 million, down 1.1%. Sparks had $15.3 million, up 2%. South Lake Tahoe had $17.6 million, down 9.4%.

Lawton said Laughlin was impacted by slot-revenue timing in May 2023, as April 2023 ended on a Sunday and revenue was subsequently reported in May 2023. Laughlin casinos also experienced some softness in slot volume, down 5.7% even with an additional weekend day. Total win of $36.9 million was down 21.4% or $10.1 million. For the year, Laughlin is down 6.2%. Slot win was down 23.4% or $10.2 million. Slot coin-in was down 5.7% ($27.9 million), while the hold was 7.2% versus 8.9%.

Statewide, Nevada sportsbooks won $36 million, up 19.8% or $6 million compared to May 2023 on a hold percentage of 7% versus 5.7% last year. Sportsbook wagers totaled $515.1 million, down 2.3% or $12 million compared to last May, when $527 million was wagered statewide. Mobile wagers totaled $351.2 million, down 1.9% or $6.7 million and accounted for 68.2% of total wagers, Lawton said.

Statewide slot win of $886.1 million increased 1% or $8.5 million and coin-in of $12.3 billion was up $501.2 million or 4.2%. Slot hold percentage was 7.19% versus 7.43% last year.

Statewide table, counter, and card games win of $434.3 million increased 5.6% or $23.1 million and games drop of $2.9 billion, increased 4.8% or $132.6 million from May 2023. Games hold percentage was 15.13% versus 15.01% last year.

Statewide baccarat win of $126.4 million decreased 5.5% or $7.4 million and baccarat drop of $780.3 million decreased 1.8% or $14 million. Baccarat’s hold percentage was 16.20% versus 16.84% last year. Statewide total win excluding baccarat increased 3.4% or $39 million. This is the first decrease in monthly baccarat win since June 2023, ending a streak of 10 consecutive increases.

Statewide twenty-one win of $116.8 million increased 11.4% or $12 million. Volumes totaled $788.1 million and increased 12.9% or $90.2 million. Hold percentage was 14.82% versus 15.02% last year.

Statewide roulette win of $44.1 million increased 45.9% or $13.9 million. Volumes totaled $217.6 million and increased 24.9% or $43.3 million. Hold percentage was 20.29% versus 17.37% last year. (CDC, AI News, Wires)

UK teen arrested in connection to global cybercrime group that targeted MGM Resorts
- July 19, 2024

LAS VEGAS

Police in England arrested a teenager in connection with a global cyber online crime group that targeted several companies, including MGM Resorts, according to the FBI office in Las Vegas.

West Midlands police arrested a 17-year-old boy from Walsall, a town in West Midlands, England, on Thursday, July 18, the bureau posted on X Friday morning.

The arrest was made by officers from the Regional Organised Crime Unit for the West Midlands (ROCUWM) and the National Crime Agency in coordination with the FBI, according to West Midlands police.

Officers took the suspect, who was not named, into custody on suspicion of blackmail and computer misuse act offenses. He was released on bail while West Midlands police continued its investigation.

Officers recovered evidence that they said included several digital devices that will be forensically examined.

The suspect’s arrest is part of a global investigation into a large-scale cyber hacking community that targeted major companies, including MGM Resorts.

“These cyber groups have targeted well-known organizations with ransomware and they have successfully targeted multiple victims around the world taking from them significant amounts of money,” Detective Inspector Hinesh Mehta, cyber crime unit manager at ROCUWM, said in a West Midland Police release.

On Sept. 11, 2023, a “cybersecurity issue” affected some of the systems for MGM Resorts International. The company shut down some of its systems to help protect the company’s data.

Nearly ten days later, MGM Resorts posted on social media stating that all operations returned to normal.

“We know first-hand the damage these criminals can do and the importance of working with law enforcement to fight back,” a spokesperson from MGM Resorts said in the release. “By voluntarily shutting down our systems, refusing to pay a ransom and working with law enforcement on their investigation and response, the message to criminals was clear: it’s not worth it.”

2023

High Stakes: The ‘life-or-death’ battle over a company name


Two stars of Australia’s new economy – the similarly named share trading platform Stake and online cryptocurrency casino juggernaut stake.com – are locked in a life-or-death court battle over naming rights amid growing concerns the gambling outfit has major plans for its home country.

Stake the share platform launched legal action in the Federal Court in August seeking to enforce its trademarks and stop stake.com, a multibillion-dollar enterprise, from using that name for its business in Australia.

The fast-growing Sydney-based share trading platform, the third-largest broker in the country, alleges that the casino group stake.com has been breaking Australian consumer law and has misled consumers through the use of its brand in Australia and its marketing, including its sponsorship of the Alfa Romeo team and the sale of apparel.

Stake the share trading platform, which owns the URL stake.com.au, alleges stake.com’s use of the name in Australia has potentially led to consumers believing the two brands are related when they are not.

The share trading platform Stake, founded in 2017 by entrepreneurs Dan Silver and Matt Leibowitz, alleges there is a threat that more consumers could be misled if stake.com is allowed to continue with its plans to grow its business significantly in Australia under the brand name Stake.

The casino group, led by Melbourne-based twenty-somethings billionaires Ed Craven and Bijan Tehrani, is expected to seek to have the matter summarily dismissed.

A spokesperson for stake.com said: “We are aware of a frivolous claim lodged in the Federal Court by Stakeshop, which in part claims that our global Formula One team sponsorship impinges on their ability to sell trucker hats.”

“We are proud of the global stake.com brand. As a group, we abide by the laws of the countries in which we operate, and do not offer our stake.com platform to Australian customers. We believe the claim has no legal merit and will vigorously defend our rights.”

The court case has shed new light on stake.com’s expansion plans for Australia, where it remains blocked to Australian users.

Court documents reveal the casino group has sought to buy the stake.com.au website from the sharemarket trading platform business. According to the court documents, the casino group has also registered several Australian website domains for its Australian expansion and applied to register a slew of trademarks including Stake Australia, Stake Bet and Stake Casino.

The Federal Court action comes after years of simmering tensions between the two groups over the use of stake.com’s name in Australia.

Stake.com was established in 2017 but flew under the radar in Australia until late 2021, when this masthead revealed the local origins of the business that had grown to be one of world’s largest online casinos, processing hundreds of billions of bets on sports, virtual table games and online slot machines.

In early 2022, stake.com signed hip-hop megastar Drake as its lead ambassador. Later in 2022 it signed a multi-year deal to become lead jersey sponsor for English Premier League team Everton FC as well as its sponsorship of Alfa Romeo’s F1 team.

The significant increase in stake.com’s marketing and media presence was noticed at the share trading platform group that built its user base during the COVID-inspired boom in Gen Y and Gen Z investors, thanks in part to its ultra-low cost brokerage fee model, savvy marketing and the broadening into other financial services including a superannuation product.

A spokesman for Stake the share trading platform said that since the group was founded in Australia it had built a client base of more than 500,000 and more than $2.5 billion in assets under management.

“Over the past six years, we have established a trusted and culturally relevant Australian brand that reflects our dedication to meeting customer needs. It permeates all parts of our business, spanning products, content, internal culture, customer interactions and much more, making it our most valuable asset. We are committed to protecting the Stake brand and the high level of consumer trust associated with it,” the spokesman said.

“We are concerned by the threatened use of the Stake brand in Australia by stake.com in relation to gambling, casino and sports betting services, due to the potential for customer confusion and damage to our brand and reputation.”

Stake.com is not available in Australia but according to court documents, the group is already making arrangements for a major expansion in this country and is seeking a sports betting licence.

In October 2022, stake.com casino executive Brais Pena Sanchez contacted Stake share trading founder Silver on LinkedIn and arranged a video conference meeting where the pair discussed Stake the share platform selling its Australian URL, stake.com.au, to the Curacao-registered, Australian-operated casino group.

During those discussions, Sanchez – the casino group’s chief strategy officer – informed Silver that stake.com planned to launch in Australia under the name Stakebet, or similar, according to court documents. A deal never ensued and the website remains owned by the share trading platform.

Tensions flared again in early 2023 after stake.com the casino was announced as the new team sponsor for Formula 1 team Alfa Romeo, sparking a flurry of legal letters between the two groups ahead of the Melbourne race.

According to the court documents, the casino group’s lawyers assured the share trading Stake that it would not use its logo in conjunction with the Melbourne Grand Prix and did not intend to display the name on any vehicles or uniforms or as part of the Alfa Romeo team name.

However, the share trading Stake alleges that during the four days of the Grand Prix, Stake casino logos appeared on banners for official team merchandise, the team display and on signs at the event and in the race program.

In May, Stake.com was applying to register a large number of new trademarks for goods and services. This included Stake Australia, Stake Bookie, Stake Betting, Stake Gaming, Stake Esports, Stake Casino, Stake Sportsbook, Stake Bet, Stake Punt, Stake Sports, Stake Pokes and Stake Slots.

The casino group has also registered a series of Australian website names under the “.au” domain including stakebet.au; stakecasino.au, stakesports.au and playstake.au.

The case continues.

Crown to launch digital self-exclusion scheme for casinos - July 2023

People with gambling problems will be able to ban themselves from Crown casinos over the internet instead of having to do so in person, as part of a wider overhaul of the group’s approach to harm minimisation.

Crown Resorts’ new safer gambling program also includes the establishment of a dedicated gambling policy team, which will monitor customer playing behaviour and create interventions to better prevent gambling harm from occurring.

Crown boss Ciaran Carruthers joined the business last year following an overhaul of Crown’s management, after a series of bruising inquiries into the company. Carruthers, who has led other global casino groups including Wynn Macau, said the new leadership of Crown was committed to making gambling safer, even if it meant less turnover in its casinos.

“I have been in this business for 34 years and I can tell you – no one does this,” Carruthers said.

“It is critically important to me that when I look at the long-term viability of this business that people see our resorts as entertainment to enjoy safely.”

Under the changes, customers will be able to block themselves from entering a Crown casino through a new digital self-exclusion portal. Those who wanted to ban themselves from Crown venues were previously required to visit, in person, a designated responsible gambling centre run by the group.

The group has also moved to cashless gaming at Crown Melbourne and Crown Sydney – a condition of its temporary gaming licences in NSW and Victoria– as well as introducing $10 maximum bet limits on poker machines at Crown Perth. The technological overhaul required to facilitate the changes has so far cost the business $13 million.

Carruthers pointed to changes Crown has already made which go beyond government regulation, such as encouraging customers to take breaks every three hours, as an indicator of its commitment to shifting problem gambling patterns.

The group said it wanted to establish advisory panels to work with state regulators and community groups to improve gambling harm education and share its research.

Carruthers conceded some aspects of its new approach to harm minimisation, called Crown PlaySafe, would not be welcomed by heavy gamblers. But he argued the changes would make the casinos more appealing to the general public.

Crown’s new head of gambling policy research, Dr Jamie Wiebe, said the most critical shift in the groups gambling policy was a move away from harm minimisation to prevention.

“We want to prevent a problem from ever happening,” she said.

The new program was unveiled just weeks after the Federal Court determined Crown will pay one of the biggest penalties in Australian corporate history to the financial crimes watchdog, after past anti-money laundering and counter-terrorism failings in its Perth and Melbourne casinos.

The $450 million fine is about five per cent of Crown’s last listed market capitalisation before it was taken private by Blackstone Capital for $8.9 billion in May last year.

In 2019, an investigation by this masthead and 60 Minutes revealed Crown had been infiltrated by international criminal syndicates and money launderers.

Crown was forced to overhaul its board, management and procedures to satisfy the regulators, who approved a conditional licence for Crown to operate its Barangaroo casino in June 2022. The conditional licence is valid until the end of this year.

Carruthers said the integrated hospitality offerings at Crown meant the casino could afford to embrace the shift.

“I want people to enjoy the experience of our casinos whether they’re coming for dining, casino or retail. I’m fairly agnostic across which one of those experience or how many of those experiences you want to enjoy,” he said.

Reclusive Sydney gambling mogul emerges as kingmaker in South Africa - September 2023

Reclusive online gambling mogul Martin Moshal is playing an increasingly influential role in a push to oust the South African government.

Mr Moshal, who lives on the exclusive Sydney Harbour row of Camp Cove alongside shopping centre billionaire Steven Lowy, is not on many rich lists but has made a fortune from online casino technology.

Herman Mashaba is the leader of ActionSA, one of a handful of opposition parties Mr Moshal has backed in the lead up to the 2024 South African national election. Mr Mashaba, known for taking a tough line on immigration and endorsing hard labour for prisoners, is hoping the gambling tycoon will continue his support.

“I wish he won’t give up on us and help us democratically remove the [incumbent African National Congress] and bring about a peaceful transition... please help ActionSA,” Mr Mashaba said in an interview with The Australian Financial Review.

“I have been lucky to have known Martin long before I went into politics,” he added. “I approached him and he was willing to back me up because he knows me as a capitalist... Martin was one of the first to come to the party.”

President Cyril Ramaphosa’s social democratic African National Congress party is set to come under pressure next year amid South Africa’s dire economic troubles. A senior party official has warned the country could become a failed state.

Mr Moshal is the largest individual political donor in South Africa in the last two years. He has given 46.5 million rand ($3.8 million), according to electoral records analysed by My Vote Counts, a non-profit advocating for more transparency in politics.

“Given the amounts donated it has become clear to us he now has a large stake in our politics,” said Robyn Pasensie, a researcher at the organisation.

The size of Mr Moshal’s wealth is unknown. He is extremely private and only admitted to his ownership of online gambling giant Betway after UK journalists traced his ownership back to offshore trusts. Mr Moshal did not respond to a request for comment.

Aside from ActionSA, Mr Moshal has donated to the Democratic Alliance (DA), Build One South Africa and said he also intends to support the Inkatha Freedom Party. Mr Moshal is ActionSA’s biggest backer. The Australian Financial Review is not suggesting Mr Moshal supports the party’s policies.

“I’m not saying these parties are all perfect, but we shouldn’t let perfect be the enemy of good... They are all far better than the government we have today,” Mr Moshal told The Jewish Report earlier this year.

“Pirkei Avot was my late dad – John Moshal’s – favourite part of the Talmud within which Rabbi Tarfon is quoted as saying, ‘It’s not up to you to finish the task, but you aren’t free to avoid it’.”

Mr Moshal said he believed South Africa needed a new government and was on its way to becoming a failed state.

“[This is a] government that’s corrupt, cannot provide basic security and opportunity to its citizens... we need the change of government and leadership that these parties can provide.”

ActionSA is known for advocating for life sentences and hard labour for serious offenders and also wants to repeal the ANC’s Broad-based Black Economic Empowerment (B-BBEE) policy, a form of affirmative action introduced post-apartheid.

“Martin knows my views on racial policies and how dangerous they are,” said Mr Mashaba, who started off in business and was the founder of African hair care brand, Black Like Me.

ActionSA has also been vocal on immigration, views labelled as “xenophobic” by some critics and politicians.

“We recognise that South Africa was built... on the back of migrants,” said Mr Mashaba. “But they must come here legally... you break our laws, we will send you back to your country, the country where you came from.”

One of South Africa’s main economic problems is mismanagement and corruption inside the country’s electricity utility Eskom. The utility has been forced to implement rolling blackouts, which have further stymied economic growth.

“If Eskom cannot run on a commercial basis then it must die a natural death,” Mr Mashaba said, adding changes were needed to give other companies the opportunity to compete.

Mr Moshal’s Entrée Capital is one of Israel’s most active funds in the Israeli VC space. He is the beneficiary of a trust which is the largest individual shareholder in Super Group, which became the parent of Betway and online casino brand Spin after a 2022 listing. The group reported net gaming revenue of €1.3 billion ($2.1 billion) in 2022.

“Moshal is one of the least visible betting entrepreneurs in the world,” Guardian reporter Rob Davis wrote in his book Jackpot: How Gambling Conquered Britain.

“Moshal made much of his fortune from his home in Durban where he patented a series of technological solutions for the online gambling world and developed them via his company Microgaming. The company has since become one of the industry’s leading software players”

A philanthropist, he sits on the capital management advisory committee of Sydney’s Moriah College, alongside Steven Lowy and former Babcock & Brown chief executive Phil Green. He is also a life trustee of the Moriah Foundation and previously donated to Israel’s SpaceIL project attempting to land spacecraft on the moon.


SkyCity puts aside $45m for potential AUSTRAC penalty - August 2023

SkyCity Entertainment set aside $45 million for a penalty if it is convicted of breaches of anti-money laundering and counterterrorism laws.

The financial crimes watchdog, AUSTRAC, lodged proceedings against SkyCity in December over alleged serious and systemic non-compliance with the laws at its Adelaide casino.

SkyCity said on Monday it was difficult to determine the size and timing of the penalty, given the proceedings are in the early stages. But it decided to lodge a $45 million provision on the basis that each breach attracts a maximum civil penalty of between $18 million and $22.2 million.

“Estimating the potential exposure to penalties with any degree of accuracy at this stage of that ongoing process remains challenging, particularly given the outcome is highly dependent on a range of factors which are not yet known,” a statement said.

AUSTRAC has alleged “serious noncompliance” with anti-money laundering laws against SkyCity, claiming the company allowed 59 suspicious patrons to churn more than $4 billion in dirty cash through its Adelaide casino. The independent review is on hold because of the Federal Court action.

The company cut full-year earnings expectations at an investor day in May, with a slowdown in revenue from the international business and rising legal and compliance costs related to a crackdown on money laundering weighing on its bottom line. Analysts have provisioned about $50 million for the AUSTRAC fine, but there is no guarantee that will be enough.

In late May, SkyCity announced it would hire an independent expert to review its anti-money laundering and counter-terrorism programs. It is still waiting for South Australia’s investigation into whether it should hold a casino licence to recommence.

“Judgements in civil penalty proceedings bought by AUSTRAC to date demonstrate that the Court’s determination of the appropriate penalty ... is very specific to the fact in each case and that the Court will have regard to a broad range of factors,” SkyCity said.

SkyCity’s provision announcement coincided with a $45.6 million write-down of the Adelaide casino licence, which was attributed to the value and timing of future discounted cash flows.

The company said the impairment and provision were non-cash and would not affect earnings for fiscal year 2023. Earnings before interest, tax, depreciation and amortisation remain in line with guidance of $NZ300 million ($276.6 million) to $NZ310 million.

SkyCity’s provision comes a month after the federal court agreed on rival casino operator Crown’s $450 million fine for breaches of anti-money laundering and counter-terrorism laws. The fine is being paid over a two-year period without interest.

Shares closed on Friday at $2.09.


Hotel room rates plummet for F1 Las Vegas Grand Prix weekend - September 2023

Hotel room rates for Las Vegas Grand Prix weekend have fallen by nearly 60 percent in some cases since they were first posted last fall. But an industry expert says that does not necessarily mean interest in the event is failing to meet expectation.

When select Las Vegas resorts in November 2022 opened their booking schedules for race weekend, listed prices were as high as they have been seen in the city’s history. While still at higher than normal rates, a major decrease has occurred.

When a drop in booking pace occurs, it automatically triggers revenue management systems to suggest the lowering of room rates, according to Dr. Mehmet Erdem, professor of hotel operations and technology at UNLV’s William F. Harrah College of Hospitality.


Pennsylvania online casinos cross $5 billion in lifetime revenue - September 2023

Business is booming in Pennsylvania. The Keystone State is the clear market leader when it comes to online casino revenue within the US. After August’s total of $171.9 million, Pennsylvania surpassed the $5 billion threshold for lifetime revenue.

Pennsylvania online casinos are constantly upgrading and adding new content, and customers are responding. It doesn’t appear the market will be slowing down anytime soon, either.

Pennsylvania has set the US online casino revenue record four times over the last 11 months, and almost did so again. August’s revenue total of $171.9 million came second to March’s figure of $181.5 million. It was the second-best month of all time for any state with legal online casinos.


Atlantic City: Five-year turnaround of Ocean Casino Resort among city’s greatest successes - September 2023

In the winter of 2019, if any New Jersey sportsbook had tried to offer odds on the Atlantic City casino hotel then known as Ocean Resort Casino making it through another summer, no gambler in their right mind would have taken the bet.

Fast forward to the end of summer 2023, and the property now called Ocean Casino Resort is one of the city’s best performers. In fact, an argument can be made that Ocean’s rise to the upper echelon of the Atlantic City casino market is the most remarkable turnaround of any gambling parlor in history.

From its failed origins as Revel Casino Hotel to its seemingly doomed trajectory in February 2019, the $2.4 billion casino at the north end of the AC Boardwalk felt almost cursed (if you believe in that kind of stuff). But, apparently, the gambling gods decided Ocean was deserving of a better fate.


Once shunned by casino operators, responsible gaming campaign turns 25

At a time when problem gambling matters were rarely mentioned in gaming company boardrooms, Harrah’s Entertainment decided the issue needed to be raised on casino floors.

But it wasn’t just rival corporate executives that looked askance at the idea of employees learning how to spot signs that a customer might have a gambling problem.

“Our own lawyers tried to block it,” recalled Jan Jones Blackhurst, who was then a Harrah’s senior vice president. With the support of company CEO Phil Satre, she led Harrah’s launch of the casino industry’s first responsible gaming initiative in the mid-1990s.

“We had employees that wanted to be educated on the subject. They wanted to be able to help,” said Jones Blackhurst, who completed two terms as Las Vegas mayor before joining Harrah’s. “Maybe because I came out of politics. You have a responsibility to your communities, your customers and your employees. We believed it was the right thing to do.”


Sportsbooks ratchet up targeted advertising at start of NFL season

Shortly after the NFL forged authorized gaming partnerships with a host of leading sportsbooks in the 2021 offseason, operators began flooding the airwaves with a series of humorous spots that featured celebrities hawking their products.

Caesars Sportsbook spent lavishly on an ad package starring the Manning Brothers and actor J.B. Smoove as the eponymous emperor. During Super Bowl LVII last February, Kevin Hart expressed his displeasure for “taking the under” in a DraftKings spot while standing mere feet from WWE wrestler The Undertaker. Another commercial from FanDuel featured a live field goal attempt by former New England Patriots tight end Rob Gronkowski, one that drifted wide left of the upright at the last second.


Former lieutenant governor calls for Nevada Gaming Commission cyber briefing after MGM and Caesars hacks - September 2023

In light of cyberattacks on MGM Resorts International and Caesars Entertainment, former Nevada Lt. Gov. Brian Krolicki, now a Nevada Gaming Commission member, called for a briefing on the hacking incident to shed more light on what happened and how it can be prevented in the future.

The suggestion comes the same day the Massachusetts Gaming Commission met in executive session “to consider information related to an MGM cybersecurity issue.” It held a similar closed meeting on Monday.

After it returned to the public session on Thursday, the Commission entered into an executive session regarding security at MGM Springfield, according to the Commission agenda.

Krolicki made his comments at the end of Thursday’s five-hour meeting of the Nevada Gaming Commission. Since it was made during the public comment session, the commission could not take up the matter, but it’s likely the issue will return to the Commission and the Nevada Gaming Control Board at some point.

In the latest cyberattack that started being felt Sept. 10 and went into this week, hackers knocked slot machines out of commission and created havoc with ATMs and computer systems. MGM, which is reported by a Wall Street analyst to have lost between $4.2 million and $8.4 million a day with the hack, said its systems were operating normally across their properties nationwide as of Wednesday. Caesars reported it was hacked in late August and had customer information stolen but paid a $15 million ransom that avoided any shutdowns.

In December, the Commission approved cybersecurity regulations for the state’s gaming industry to protect operators’ information systems from attacks that could shutter casinos and compromise customer data. The rules went into effect Jan. 1. That approval came right after BetMGM reported that its customers’ personal information – including Social Security numbers – was obtained in an unauthorized manner and included information on their transactions.

In the regulations, casinos were required to do a risk assessment of their systems by the end of 2023 and take any necessary steps on an ongoing basis to ward off an attack. If any breach was successful that compromised player data, credit card information and other records, including that of employees, properties would be required to report it to gaming regulators within 72 hours.

“It would be important and enlightening given the recent events of the past week regarding cyber security and ransomware in particular at MGM and our friends at Caesars and look at how it impacts our world and regulatory responsibilities,” Krolicki said, later adding, “I think at some point in time when there’s the energy and understanding of what just happened if we could get some kind of briefing of what transpired that’s appropriate for public record and perhaps policies going forward of how do we avoid these things and if they do happen whether the reporting schemes on whether it was immediately reported to the Gaming Control Board. There are a lot of questions and a lot of publicity. It’s a global story, and I just think it would behoove all of us to get a good handle on what just happened.”

The Nevada Gaming Control Board released a statement on Sept. 13 saying Gov. Joe Lombardo and the board “are monitoring the cybersecurity incident with MGM Resorts and are in communication with company executives. Additionally, the Nevada Gaming Control Board remains in communication with other law enforcement agencies.”

Casino consultant Brendan Bussmann, managing partner of B Global, which tracks gaming boards and commissions, said the Massachusetts hearing won’t be the last and expects states across the country to hold similar sessions wanting to hear from MGM executives.

“Nevada is the second regulator that I know has raised their hand on this after Massachusetts,” Bussmann said. “It should be about what happened and how it happened, which should be considered confidential information. This is going to be a question that every regulator for both commercial gaming and tribal gaming is going to be concerned about. Since we’re still trying to figure out what happened, then we can see what tools we need as an industry to beef up our efforts on cyber-related events.”

While everyone is focused today on MGM and Caesars, this is not the first cyber attack, Bussmann said.

“This can go back to the Las Vegas Sands attacks in 2014 from the Iranians and any other data breaches that happened between then and now,” Bussmann said. “I would expect every state at a minimum has MGM and Caesars in it to at least say what happened and what can we do regulatory to help this and what can we do with testing and what can we do IT and host of things.”

Bussmann said the regulators can’t be reactionary but instead should get evidence on how it happened and use the best resources outside of the casino industry, such as security firms, to do it right.

“There’s no one better suited to regulate Nevada on this issue than the Gaming Control Board in working with law enforcement partners across the country,” Bussmann said.


2023

Casino, Gaming, Sports Betting and Pop Culture News

DraftKings lays off roughly 140 employees in corporate restructure

DraftKings is eliminating about 140 jobs, part of what the sports betting company is calling a reorganization. A majority of the eliminated positions are based in Europe, Asia and the Middle East, and primarily span both engineering and HR roles related to hiring, according to someone with direct knowledge of the moves. The 140 positions amount to a low single-digit percentage of the company’s workforce. DraftKings stock jumped nearly 10% on the day to close at $16.48.

Penn Entertainment reports small year-over-year revenue increase in Q4 despite Mattress Mack payout

Despite a huge winning bet by Jim “Mattress Mack” McIngvale and inclement weather in December, Penn Entertainment’s 2022 fourth-quarter results were consistent, according to CEO Jay Snowden during Thursday’s investors’ call. McIngvale’s bet on the Houston Astros to win the World Series via Penn’s Barstool Sportsbook cost Penn $10 million. And Snowden claimed that “severe weather in certain parts of the country”...put a drag on revenue.

Las Vegas sports news

If the Oakland Athletics relocate to Las Vegas, north Strip and downtown resort operators would strongly support the team building a $1 billion ballpark in their area. Resorts World Las Vegas President Scott Sibella confirmed that he and hotel owners from the north Strip and downtown Las Vegas met with A’s brass Wednesday. They discussed the potential of a 35,000-seat domed stadium on the Las Vegas Festival Grounds site, located on the southwest corner of Las Vegas Boulevard and Sahara Avenue.

Las Vegas Strip breaks monthly revenue record

Led by a record surge on the Las Vegas Strip, Nevada closed 2022 with its 22nd consecutive months of $1 billion and higher in gaming revenue and added to its record gaming revenue for the year, which was set in November. For calendar-year 2022, Nevada reported $14.8 billion in gaming revenue, topping the $13.4 billion in 2021, a 10.5% increase. The Nevada Gaming Control Board reported Tuesday that casinos collected $1.31 billion in revenue in December, a 14.3% jump over December 2021.

Sharp bettors weigh in quickly on Super Bowl; two 6-figure wagers

Patrick Mahomes needed all of his magic to help send the Chiefs to their third Super Bowl in four years. But sharp bettors don’t believe in magic. They’re banking on the Philadelphia Eagles to beat Kansas City in Super Bowl LVII for the franchise’s second NFL title in six years. Less than 30 minutes after the Super Bowl line opened at pick’em at multiple sportsbooks, the Eagles emerged as consensus 1½-point favorites.

Governor names ex-judge George Assad to seat on Nevada Gaming Control Board

Former Las Vegas judge George Assad, who was sanctioned by judicial overseers for a punishment he meted out and lost his re-election bid after his son robbed the Bellagio in a high-profile heist more than a decade ago, was named to the Gaming Control Board on Monday by Gov. Joe Lombardo. Assad, 71, who was a Las Vegas Municipal Court judge from 2002 until 2011, will have a four-year term as a member of the board that directs the statewide agency charged with regulating and enforcing laws.

Tribes need to do a better job of coordination

Tribal organizations with departments ranging from casino gaming to health care need to do a better job of understanding everyone’s needs, thinking strategically, and working toward common goals that benefit tribes for the long term. That was the prevailing sentiment that emerged from the panel discussion, “The Top Five Things Tribal Councils Should Expect and Evaluate from Their Executive Leaders,” held at the Raving Next gaming conference in Albuquerque.

Some overdue recognition

I’ve always been a fan of awards in the gambling industry. In my mind, any recognition beyond a paycheck and a pat on the back has value. Our industry has never lacked awards. The biggest enchilada is certainly induction into the American Gaming Association’s Hall of Fame. Like all Halls of Fame, only the most successful movers and shakers get inducted into the AGA’s Hall, no posers or wannabes. Many gaming-media companies issue awards, including regional gambling publications and newspapers that serve casino cities, although most newspapers are just trying to sell advertising to the honored casinos and companies.

Industry poised for “biggest-ever” ICE London

Clarion Gaming has confirmed next week’s ICE London 2023 will be the biggest on record, occupying 41 halls of its London ExCeL home. Having returned from the pandemic last April with a scaled-back offering, this year’s ICE will occupy 51,466 square metres of the London-docklands exhibition centre, exceeding the previous high of 49,690 m2 in 2020. Sister show iGB Affiliate London will occupy ExCel’s remaining three halls, with a week’s worth of satellite events throughout London.

Las Vegas tourism helps fuel strong Boyd Gaming earnings

Aided by a boost in the Las Vegas economy and tourism, Boyd Gaming set a record for revenue and adjusted earnings during the fourth quarter and 2022 as a whole, setting the stage for strong earning reports to come in February from Strip and other operators. For all of 2022, Boyd Gaming reported revenue of $3.56 billion, compared to $3.37 billion for 2021. Net income was $639.4 million, or $5.87 per share, compared to net income of $463.8 million, or $4.07 per share, for 2021.

Aristocrat finalizes acquisition of Roxor Gaming

Aristocrat Leisure Limited Friday announced it has completed the acquisition of igaming supplier Roxor Gaming Limited. The deal was first announced in September 2022. Roxor will form part of Aristocrat’s igaming business Anaxi, which was rebranded in October 2022. Aristocrat initially announced the creation of a dedicated igaming business in February 2022 to pair with Aristocrat Gaming and the Pixel United mobile-first publishing business. “We’re thrilled to welcome Roxor to Anaxi and the broader Aristocrat group,” said Anaxi CEO Mitchell Brown in a statement.

Texas: Casinos in Dallas-Fort Worth? Lawmakers will consider expanded gambling

A North Texas representative has filed legislation to expand casino gambling in Texas and legalize sports betting. Fort Worth Republican Rep. Charlie Geren filed the proposal on Friday. The legislation is supported The Destination Resort Alliance, which is backed by casino and resort company Las Vegas Sands. It remains to be seen whether the bill passes in a state that in the past has been reluctant to expand gaming, but Gov. Greg Abbott and House Speaker Dade Phelan have left the door open for expanded casino gambling as the legislative session that started in January begins to ramp up.

Las Vegas tourism helps fuel strong Boyd Gaming earnings

National (results) - Aided by a boost in the Las Vegas economy and tourism, Boyd Gaming set a record for revenue and adjusted earnings during the fourth quarter and 2022 as a whole, setting the stage for strong earning reports to come in February from Strip and other operators. For all of 2022, Boyd Gaming reported revenue of $3.56 billion, compared to $3.37 billion for 2021. Net income was $639.4 million, or $5.87 per share, compared to net income of $463.8 million, or $4.07 per share, for 2021. Total adjusted EBITDAR for 2022 was $1.39 billion versus $1.37 billion for 2021. Full-year 2022 adjusted earnings were $662.0 million, or $6.07 per share, compared to adjusted earnings of $584.2 million, or $5.12 per share, for 2021.

Penn reports small year-over-year revenue increase in Q4

National (results) - Despite a huge winning bet by Jim “Mattress Mack” McIngvale and inclement weather in December, Penn Entertainment’s 2022 fourth-quarter results were consistent…Penn’s revenue for the fourth quarter reached $1.6 billion, a year-over-year increase of 0.8%. But net income for the quarter, $20.8 million, decreased by more than 50% compared to the $44.8 million generated in the fourth quarter of 2021.

The World Series of Poker announces its full 2023 schedule

Nevada (Las Vegas) - The World Series of Poker has announced its full summer schedule with an eye on having the largest Main Event field in history and, if it happens, awarding the poker promotion of a lifetime. The 54th version of the world’s largest poker tournament runs May 30-July 18 at the recently rebranded Horseshoe Las Vegas with 95 bracelet events. The No-Limit Hold ’em World Championship, known as “The Main Event,” will take place from July 3 to 17 and if it sets a record for entries, one entrant will be drawn at random to win a Main Event for Life package, buying him or her into the next 30 Main Events.

Video gambling up statewide, mostly flat in area in 2022

Illinois (slots/results) - Video-gambling terminals in Illinois continued to rake in the dough in 2022, though in our area, revenues were flat or fell slightly…the amount of money put in minus the amount paid out — amounted to $2.71 billion in 2022, a 9.5 percent increase over 2021's $2.47 billion. At the same time, the number of terminals grew by about 7.6 percent, from 41,826 at the end of 2021 to a hair over 45,000 a year later.

Officials moving forward with plans for Diamond Jacks Casino

Louisiana (Bossier City) On Feb. 1, Mayor Tommy Chandler of Bossier City met with the Foundation Gaming Group to discuss the construction activity which will soon be happening at the former Diamond Jacks Casino property…Chandler and members of his staff met with the group and the project's general contractor AnderCorp to discuss the initial details of the future transformation on this casino and hotel.

Horseshoe Casino Baltimore workers rally

Maryland (Baltimore) - Unionized workers at Horseshoe Casino Baltimore are demanding raises in line with others in the gaming and hospitality industry in the city and elsewhere, saying casino revenues have rebounded since the pandemic while compensation has stalled. About 20 workers and union representatives demonstrated Wednesday in front of the casino on Russell Street near downtown, calling for raises, holiday pay and other changes. Workers said bargaining has stalled with owner Caesars Entertainment on a contract that expired in October.

The High Rollers

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The Psychology of High Rollers: What Motivates Big-Time Gamblers?

We've all heard about them, but have you ever wondered who high-rollers really are? To get an answer to this intriguing question, we must first define this category. So, high-rollers are individuals who enjoy gambling and are willing to wager large sums of money on their favorite casino games.

Generally, they are wealthy individuals (business people, celebrities, royalty, etc.) who can afford to spend large amounts on entertainment. Of course, they can also afford to lose thousands of dollars without worrying about the consequences.

You can easily recognize them because they are usually attracted to the adrenaline rush and excitement. Sometimes they tried other adrenaline-rush activities before deciding to get involved in high-stakes gambling. You'll find them in both land-based and online casinos like Spinfever, and many of these establishments offer specially-designed perks and incentives to attract and retain this category of players.

The Role of Money: Why Do High Rollers Keep Betting Big?

Some might say it's all about the money regarding high rollers, but that's not the case. Still, it's a crucial motivator for this category of casino players when it comes to placing big stakes in brick-and-mortar or online casino sites. The potential for high payouts is a significant draw for high-rollers looking to turn their bets into big wins.

In most cases, these individuals are wealthy and have much disposable income, making it easier to take risks and place large bets. We've all heard the basic rule of gambling - don't gamble the money you can't afford to lose. These people keep getting big because they won't notice the losses even if they enter a losing streak.

Of course, we shouldn't ignore the fact that there's an opportunity for these people to win significant amounts of money. Yes, they are already wealthy, but they can always become wealthier. So, the potential rewards seem attractive to high rollers because they can get more power and influence, improve their status and prestige, and support their lifestyle thanks to the big prizes.

Beyond Money: The Other Factors that Motivate High Rollers

The chance to win substantial amounts of money can be an excellent motivator for many people. Still, it's not just the financial gains that make high rollers keep betting big. We created a list of other things contributing to this behavior and lifestyle.

The Thrill

For high-rollers, the thrill of winning and the chance of earning even more money can be compelling. The larger the bet, the greater the potential payout, and the more exciting the game becomes. This approach to this form of entertainment keeps players on the edge of their seats, which is why it's often a major factor in motivating high-rollers to place large stakes at casinos.

The Feeling of Exclusivity and the VIP Treatment

Another thing that makes high-rollers consider wagering a lot of money is the exclusivity and VIP treatment accompanying these players. Whether they prefer online casinos or their physical counterparts, it doesn't matter because the best options usually provide special perks and deals to make high-rollers join these casinos and keep coming back.

For instance, some can enter private gaming rooms or access luxurious accommodations and personalized services. Many online casinos with VIP programs provide special gifts and access to exclusive tournaments to high-rollers. Some of them have bonuses and promos designed for these users. In any case, these exclusive perks can make high-rollers feel valued and appreciated and motivate them to continue betting big at casinos.

The Challenge

Besides the potential for high payouts and unique incentives, high-rollers find this form of gambling attractive due to the challenge of playing high-stakes casino games. Games like poker, blackjack, and baccarat require a high degree of strategy and skills and offer the potential for high rewards for those who are successful. Those who enjoy a good challenge will find these high-stake games particularly appealing.

Final Thoughts

All in all, money is a significant motivator for high-rollers when it comes to using big stakes in casinos, but this is not the only thing that makes them visit these places. The exclusivity and VIP treatment, the challenge of playing high-stakes games requiring skills, knowledge, and strategy, and the thrill also motivate these players to take risks and bet big.

 

 

 

 

 

 

 

 

 

 

 

 

 

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Movie Box Office (North America)

 

Movie Box Office (North America)

June 30, 2024

1. Inside Out 2 - $57.4m

2. A Quiet Place: Day One - $53m

3. Horizon: An American Saga: Chapter 1 - $11m

4. Bad Boys: Ride or Die - $10m plus

5. Kalki 2898 AD - $10m plus

6. The Bikeriders - $3.3m

7. The Garfield Movie - $2m

8. Kingdom of the Planet of the Apes - $1.7m

9. Jatt & Juliet 3 - $1.52m

10. Kinds of Kindness - $1.5m

others...

Blue Lock Thee Movie - Episode Nagi

Daddio

Janet Planet

The Watchers

IF

The Exorcism

Thelma

The Watchers

GHOST Rite Here Rite Now

Furiosa: A Mad Max Story

The Fall Guy

The Strangers: Chapter 1

The Lord of the Rings: The Fellowship of the Rings

Haikyuu!! The Dumpster Battle

In a Violent Nature

Ezra

Sight

* Correct at time of publication

News

Box office numbers down approx 70 percent from last year

(References: Wikipedia, Box Office Mojo, IMDb, Deadline and The Hollywood Reporter)

 

 

Movie Box Office (North America)

1. Bad Boys: Ride or Die - $56m

2. Garfield - $10m

3. If - $8m

4. The Watchers - $7m

5. Kingdom Of The Planet Of The Apes - $5.4m

6. Furiosa: A Mad Max Saga - $4m

7. The Fall Guy - $2.7m

8. The Strangers: Chapter 1 - $1.8m

9. Haikyuu! The Dumpster Battle - $800,000

10. In a Violent Nature - $640,000

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S. Suplex, Space X and Social Media

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Elon Musk loses $30 billion in one day amid Wall Street’s tech wipeout - 21st July 2023

Elon Musk’s fortune slumped $US20.3 billion ($29.5 billion) after Tesla warned it may have to keep cutting the prices of its electric vehicles, sending shares tumbling.

The drop in net worth to $US234.4 billion is the seventh-largest decline ever among those in the Bloomberg Billionaires Index, and further narrows the wealth gap between Musk and Bernard Arnault, the world’s two richest people. Musk’s fortune still exceeds that of Arnault, chairman of luxury goods maker LVMH, by about $US33 billion.

Musk wasn’t the only US technology billionaire having a tough day. Amazon.com’ s Jeff Bezos, Oracle Corp.’s Larry Ellison, former Microsoft CEO Steve Ballmer, Meta’s Mark Zuckerberg and Alphabet co-founders Larry Page and Sergey Brin shed a collective $US20.8 billion in net worth as the tech-heavy Nasdaq 100 fell 2.3 per cent.

Shares of Tesla slid 9.7 per cent to $US262.90 in New York, the most since April 20, after the company warned of more hits to its already-shrinking profitability. Months of markdowns have taken a toll on automotive gross margin, which fell to a four-year low in the second quarter. Musk, the company’s CEO, said Tesla will have to keep lowering prices if interest rates continue to rise.

In addition to potentially having to budge further on pricing, Tesla is pouring money into new models, including the behind-schedule Cybertruck, plus Dojo, the in-house supercomputer Musk plans to spend at least $US1 billion on by the end of next year. While Tesla remains on track to produce around 1.8 million vehicles in 2023, output will dip this quarter due to factory upgrades.

“It does make sense to sacrifice margins in favour of making more vehicles, because we think in the not-too-distant future they will have a dramatic valuation increase,” Musk said, referring to his belief Tesla will eventually offer autonomous-driving capability that will make already-sold cars worth more.

Adding to Tesla’s challenges is its growing inventory of cars. The company said it now has 16 days’ worth of supply globally, up from 15 days last quarter and just four days a year ago. Inventory continued to build despite steep discounts on Tesla’s best-selling models, and perks including free charging that the carmaker offered consumers.

Musk, 52, derives his wealth primarily from his stake in the EV manufacturer, as well as his holdings in Space Exploration Technologies and Twitter. His wealth had increased about $US118 billion this year through Wednesday, as shares of Tesla climbed 136 per cent.

Arnault, 74, has seen his net worth rise by $US39 billion this year to $US201.2 billion. Shares of Paris-based LVMH have gained 26 per cent in 2023.


FIFA deletes Matildas fans’ World Cup videos from social media

Fans who shared footage taken inside World Cup stadiums have had their videos wiped from social media after complaints from football’s organising body FIFA.

Strict rules buried in the 13 pages of fine print that accompany match tickets specify that people not broadcast “live or near live” material from the grounds on their personal social media accounts, to protect broadcaster’s rights.

But the fine print gives FIFA discretion to decide what constitutes a “near live” broadcast, so that fans who uploaded mobile phone footage of crowds celebrating several hours after the Matildas’ one-nil win over Ireland at Stadium Australia on Thursday had footage deleted.

This masthead also is not allowed to use any images legally from these videos.

“I took some footage throughout the game, including the penalty, which was at the far end of the ground,” said Dan, who requested that his surname not be published. “Then I sort of looped around and got some of the amazing crowd reactions.

“Later, around midnight, I uploaded it on Instagram. In the early hours of the morning I opened Instagram and there was a copyright notice and the video had been deleted.”

Dan later received an email from Instagram saying he could contact the complainant, Fédération Internationale de Football Association, to resolve the issue. He reposted his video, which at the time of writing is still live.

FIFA did not comment directly on Dan’s case but said some people posting social media videos would have them removed because the organisation was conducting a large operation against digital piracy.

Some innocuous social media posts may be swept up by algorithms searching for pirate broadcasters, especially those that feature snippets of on-field action, it said.

“Digital rights are quite restricted so as to protect broadcast rights,” a spokesman said.

FIFA said it broadly encouraged people to post images from matches on social media. While some videos have been deleted, most are still up, including one posted by environment minister Tanya Plibersek, who captured the same goal as Dan from a different angle and posted it to her Instagram page.

“It does seem like overreach to target people who are just sharing content of a major sporting event,” said Isabella Alexander, a law professor at the University of Technology Sydney.

“I think it’s common for live sporting events to be very strictly controlled because of the value of the broadcast rights - and because there’s no copyright on the actual sporting event itself the way they can enforce it is via the fine print on the tickets,” she said.

“It’s probably not common for tickets to have quite the range of provisions like this, but since nobody ever reads them, how would we know?”

Other social media platforms have seen World Cup content removed this week. Journalist Hamish McNeilly from the Stuff website had a tweet that contained a short video from the match between New Zealand and Norway deleted on Thursday night, and posted a take down notice he received from FIFA shortly afterwards.

FIFA’s control of imagery can seem extreme. During the 2018 men’s world cup, football’s governing body ordered Twitter to take down a short video of seven-year-old England fan Alex Conn dancing in his living room because a TV showing a match could be glimpsed in the background.

“It just seems a bit pathetic,” Alex’s mother Kathryn told NBC at the time. “The fact that the TV is on in the background is largely incidental. He’s just enjoying himself and enjoying the game.”

FIFA struck controversy earlier this month when a directive to cover up plaques of seven Australian athletes at Allianz Stadium met outrage from some in the sporting community.

The move, part of FIFA’s “clean site” policy to remove all non-World Cup branding from venues, was reversed last week.

‘What, so betting markets can be changed?’ Robinson backs Matildas over Kerr injury

Three-time NRL premiership winning coach Trent Robinson has emerged as an unlikely ally for Matildas counterpart Tony Gustavsson after he attracted criticism for keeping Sam Kerr’s World Cup injury a secret.

Kerr’s shock withdrawal from Australia’s tournament-opening win over Ireland due to a calf injury was kept under wraps by the Matildas right up until final teams were named 90 minutes before kick-off on Thursday night.

Kerr and Gustavsson spoke at a pre-game press conference as though the world’s best player was not in any doubt despite knowing she had suffered the injury earlier in the day and wouldn’t play.

In his post-match press conference, Gustavsson appealed for understanding as to the tactical advantage gained by not flagging Kerr’s injury, and told host broadcaster Channel 7 in a separate interview that “we weren’t honest in the press conference [because] we didn’t have all the information either”.

Robinson was at the centre of a similar narrative around Cooper Cronk leading into the Roosters’ 2018 grand final triumph, when the star half was in doubt with a serious shoulder injury and Robinson ducked and weaved around the question of whether the star halfback would play until 30 minutes before kick-off. Cronk played the match despite having suffered what was revealed to be a badly broken shoulder blade.

“What, are you saying we should tell everyone so the betting markets can be changed?” Robinson responded when asked about keeping team secrets under intense scrutiny.

“There was a bit written about it [in 2018], but it’s not going to change people turning up. The objective of a coach is to win a game – other people might have a difference of opinion – but our job is to create intrigue and guessing in the opposition.

“Showing your cards days and weeks before a game is giving a bit of a tip sheet to the opposition. People wouldn’t have turned up if they found out? People wouldn’t have watched?

“The coach’s job for Australia is to win the game, and if that was a tactical advantage so Australia could win the game then I think we’re happy with that as Australians rather than having the knowledge hours before that Sam wasn’t playing.”

Gustavsson declined to answer a pre-game question about the fitness of his players and was similarly coy after Australia’s win when pressed on Kerr’s availability for the rest of the tournament.

Questions about how Kerr was injured and the nature of her calf issue were dead-batted, confirming only that the Chelsea superstar will miss next Thursday’s clash against Nigeria, with a match against Canada following four days later.

There is then a week’s break until Australia’s prospective round of 16 fixture on August 7.

“She’s going to be out for two games, and then we’ll reassess afterwards,” Gustavsson said. “That tells you a little bit about what grade it is, but we don’t want to go into more details on that at this point.”


Nike versus Puma: The ambush marketing campaign dividing the Matildas

Football Australia has blocked players from the pioneering 1975 Australian women’s team from referring to themselves as former Matildas as part of an ambush marketing campaign by a rival apparel brand that has bitterly divided the national team’s alumni network.

A long-running debate over who should be regarded as the ‘first Matildas’ – and thus the true matriarchs of the sport in Australia – has erupted in the build-up to the FIFA Women’s World Cup, implicating current players and, according to one source who did not wish to be named due to the sensitive nature of the situation, has even ruined friendships between ex-teammates.

It relates to the team that wore green and gold at the 1975 Asian Cup Ladies Football Tournament in Hong Kong, whose groundbreaking role in Australian women’s football was given overdue formal recognition by FA for the first time in May 2022, after almost half a century in the shadows.

But because FA’s historical committee unanimously ruled they were a club team – with the majority of the 16 players drawn from all-conquering Sydney side St George Budapest, including coach Joe O’Connor, and the rest from NSW rivals – the federation stopped short of classifying them as full-blown Matildas due to the absence of a competitive national selection process.

The team had gained permission from Sir Arthur George, the chair of the FIFA-affiliated Australian Soccer Federation, to wear the national colours and coat of arms – although the ASF had no involvement at the time with the women’s game, which was run by the Australian Women’s Soccer Association, which formed a year earlier.

The 1975ers were offered unnumbered caps by FA, inclusion in the federation’s official records, recognition as the first women’s team to represent Australia in an internationally sanctioned tournament, and entry into the Matildas Alumni club, which holds various functions and events for ex-players.

But they thumbed their nose at FA’s offer, and 10 of them have since linked up with Puma – a direct competitor to the Matildas’ apparel sponsors Nike – which has launched a reported six-figure advertising campaign spotlighting the 1975 players with billboards, social media advertising and various other pieces of content telling their remarkable story.

The 1975ers are shown shedding tears as they read out a letter of recognition from Puma’s Oceania general manager Pancho Gutstein in one video. In another, current Matildas Charli Grant and Aivi Luik, as well as AFL stars Toby Greene and Scott Pendlebury – who all have individual endorsement deals with Puma – announce the names of the players who will take part in a ‘walking football’ rematch against New Zealand, their rivals at that tournament in Hong Kong, to be held on Cockatoo Island in Sydney this weekend.

The players, who have been dubbed the ‘OGs’ by Puma, were reunited for the first time since 1975, supplied with branded tracksuits and shoes, and have also been provided tickets for Thursday night’s clash between Australia and Ireland. They will watch it with their New Zealand counterparts – despite the Football Ferns hosting Norway in the tournament’s opener in Auckland on the same day.

FA says it planned to produce similar video content highlighting the players’ contributions had they taken up the offer made to them last year. Gutstein confirmed that when Puma’s campaign launched, an FA executive made contact and warned them about not breaching the federation’s IP, including use of the term ‘Matildas’, the trademark for which is owned by FA.

Last month, FA submitted another trademark request for ‘Tillies’, a shortened version of the team’s nickname commonly used by fans.

FA said it did not “hold a view” on the Puma campaign as it didn’t infringe on any trademarks or their partnership with Nike, which was also contacted for comment.

FA’s board will review the 1975ers’ claims again after the World Cup, with the players believed to be undeterred in their pursuit of further recognition – despite FA’s historians and some ex-Matildas, while recognising the significance of their achievements, believing they are overreaching by demanding numbered caps.

“With regard to the debate, that’s really not our call at all,” said Gutstein. “We just think that they have an amazing story. It’s a wonderful year to celebrate and share that story.” Puma sponsors only two of the 32 teams at the World Cup, while Adidas has a longstanding deal with FIFA.

Unnumbered caps were also recently offered to – and accepted by – the 1978 Australian team, which FA says was the first senior women’s side selected through a national process, but since they competed against club teams at an invitational tournament in Taiwan that year, and not against other nations, those matches are also not seen as full ‘A’ internationals.

Of the 16 players from the 1975 team, two have since passed away, as has coach O’Connor, and only three went on to earn numbered caps by playing in full ‘A’ international matches. Inaugural Matildas captain Julie Dolan was one of them, and featured in the 1979 clash against New Zealand that FA recognises as the Matildas’ first ‘A’ international, as well as the 1978 team.

Dolan is not involved with the Puma campaign. She declined to comment; sources close to Dolan claim her family was verbally abused the last time she weighed in on the topic. Dolan is the holder of Matildas cap No.1, a status which has led to prominent roles in FA and FIFA activities at World Cup events, and one she would theoretically lose if the caps were to be reshuffled to accommodate the 1975ers – as some of her ex-teammates seem to insist should happen.

In a public Facebook post, former FA director Heather Reid alleges the Puma campaign’s narrative “smacks of deception”, sparking a slanging match in the comments where 1975 player Trixie Tagg accuses her of trying to “rewrite our history” and describing the team’s treatment as that of “illegitimate cousins”. Others questioned what they said was an exclusionary approach.

Tagg said in an article on The Roar in 2020 that simply being acknowledged by FA – as they were last year – would “mean the world to us”, and that the players would never expect cap numbers to be changed.

In another post on a private Matildas Alumni group, seen by this masthead, one ex-player wrote: “Given the choice between honesty and kindness, most of us have chosen kindness. But after the Puma campaign ... it’s time for honesty.

“A team that isn’t nationally selected doesn’t pass the test to be classified as a national team – regardless of what colours they were allowed to wear. We all played many games in green & gold that weren’t classified as A international caps, for a whole range of reasons. A team where nobody else has an opportunity to be chosen simply isn’t a national team.

“Whoever is giving them false expectations is not doing them, or football, any favours. It’s sad to see this divide our game.”


McGregor 'will not be intimidated' over sexual assault allegation from Miami Heat NBA finals game - June 2023

Thee NBA and the Miami Heat are investigating an allegation former UFC champion Conor McGregor sexually assaulted a woman inside an arena bathroom after Game 4 of the NBA Finals.

The woman’s attorney, Ariel Mitchell, said her client has provided Miami police with the clothing she was wearing on the night and a report had been filed.

McGregor’s attorney said the fighter denied any wrongdoing. “McGregor will not be intimidated,” said lawyer Barbara Llanes.

In letters sent to the NBA, the Heat and McGregor’s representatives, Mitchell detailed her client’s allegations and said the client would discuss “reasonable settlement offers” before June 12 or else proceed with litigation.

“We are aware of the allegations and are conducting a full investigation,” read a statement from the Heat. “Pending the outcome of the investigation, we will withhold further comment.”

The NBA had a similar statement, saying it was working with the Heat to gather information.

The alleged incident happened on the same night McGregor knocked out the Heat mascot in a midgame bit that went wrong.

Burnie, more specifically the man who occupies Burnie’s costume, briefly sought medical attention Friday night after taking two punches from McGregor during a third-quarter stoppage of Game 4 of the NBA Finals between the Heat and the Denver Nuggets.

The employee, who was not identified, received pain medication and was recovering, the team said.

McGregor was there as a promotional gimmick for a pain-relief spray and was booed by many in the Miami crowd even before the bit started.

The flame mascot was wearing oversized boxing gloves and a robe akin to what a fighter would wear entering the ring for a bout.

McGregor hit Burnie with a left hook, knocking him down, then punched the mascot again after he hit the floor.

McGregor then tried to “spray” the mascot with the pain-relief product, while several members of the Heat’s in-game promotional team dragged Burnie off the court.

McGregor hasn’t fought since injuring his left leg in a loss to Dustin Poirier at UFC 264 in July 2021. His last win came in January 2020.


Roman Reigns agrees to put his Tribal Chiefdom on the line against Jey Uso! - July 21, 2023

On a frenetic Friday Night SmackDown, the stakes between Undisputed WWE Universal Champion Roman Reigns and Jey Uso got magnified as Reigns agreed to put his Tribal Chiefdom on the line as well as his title against Jey at SummerSlam! Plus, “Dirty” Dominik Mysterio won his first NXT North American Title defense against Butch, Rey Mysterio advanced in the U.S. Title Invitational Tournament, Charlotte Flair overcame IYO SKY so much more!

 

Combat Sports News - Nate Diaz explains how Jake Paul trash talking Conor McGregor and Dee Devlin helped influence him into accepting the fight - 21st July 2023

Diaz (21-13 MMA) will be making his boxing debut against ‘The Problem Child‘ who has a 6-1 record in the ring, 4 of those wins via knockout.

Nate Diaz opened up about why he agreed to take the fight with Paul when speaking on the ‘Raw Talk’ podcast:

“This guy (Paul) actually thinks he’ll beat up everyone’s ass and he’s louder than all you fools who are really beating people’s ass. So, now I have to step the f**k out the box real quick and whup this motherf**ker’s ass so everyone knows who’s the real ass-whupper. You understand what I’m saying?”

Continuing the 38 year old shared:

“This fool was poppin’ off on everybody. Like, ‘Oh, we’re real fighters.’ Well prove it, motherf**ker. Go beat his ass for talking sh*t. He was going after everybody. On that big of a stage where he’s making everybody believe that, like you’re letting this guy talk sh*t to the whole roster? And ain’t no one saying sh*t? Louder than the roster? The UFC’s big, but the roster?”

Addressing what Jake Paul was saying about Conor McGregor, Nate Diaz continued:

“And then he was talking sh*t to Conor, talking sh*t to Conor and dissing his wife and sh*t? Some real disrespectful stuff that he shouldn’t have been saying. And nobody’s saying sh*t. I’m the one who said ‘Shut the f*ck up, b**ch. I’ll whup your ass. Have some respect.’ You’re gonna disrespect somebody’s wife and stuff like that who would actually whup your ass? To get a fight like that, that suppresses the fight fight game.”

Concluding, Nate Diaz said (h/t MMAMania):

“Like, that’s a real fight and you should shut the f*ck up, and no one’s saying anything because everyone’s acting like the whole roster, the UFC, everyone’s acting like ‘He can’t really.’ But he should shut the f*ck up. And no one’s speaking up, saying ‘Shut the f*ck up.’ So … shut the f*ck up.”

With the fight just 2 weeks away, it’s anyone’s guess as to who will be the victor after 10 rounds in the boxing ring.


UFC RAISES MORE THAN $130,500 FOR THE UFC FOUNDATION DURING INTERNATIONAL FIGHT WEEK

July 22, 2023

During the 11th Annual International Fight Week, UFC raised a total of $130,790 with net proceeds benefitting the UFC Foundation.

To commemorate International Fight Week, UFC raised funds across three charitable campaigns surrounding the week-long celebration, including VIP sweepstakes with digital charity platform 15 Seconds of Fame, the 2023 UFC Hall of Fame Induction Ceremony, and a week-long 50/50 raffle.

To coincide with IFW, UFC launched a statewide online and in-venue 50/50 raffle. Fans were able to participate in the raffle by purchasing tickets during the UFC Hall of Fame Induction Ceremony at T-Mobile Arena, at the Las Vegas Convention Center during UFC X, at ceremonial weigh-ins, and during UFC 290: VOLKANOVSKI vs. RODRIGUEZ at T-Mobile Arena. The raffle generated a total jackpot of $78,240, with 50% ($39,120) benefitting the UFC Foundation.

The winner of the remaining 50% of the jackpot, Jonathan Weber of Poinsettia, Ariz., who was making his second consecutive International Fight Week trip, will receive $39,120 after purchasing his 50/50 raffle ticket during UFC 290.

“We always contribute to the 50/50 raffle at every UFC event we attend,” said Weber. “We love watching the jackpot grow and build for the foundation. We have attended many UFC events and every time we go we buy raffle tickets! We’re going to take our winnings and pay some bills and create funds for our nine and four-year old daughters' savings accounts!”

Other funds raised during the week included $17,000 from a VIP sweepstakes for two tickets to sit in Dana White’s section during UFC 290 and $35,550 in ticket sales proceeds from the UFC Hall of Fame Induction Ceremony.

UFC’s CSR activations during International Fight Week also included athletes visiting patients currently undergoing treatment at the Cure 4 The Kids Foundation and hosting a two-day youth freestyle wrestling clinic in partnership with Wrestle Like a Girl at UFC X.

The UFC Foundation works in tandem with UFC’s corporate social responsibility program, #UFCInTheCommunity, to strategically collaborate with partners, sponsors, and athletes to develop additional charitable programs and funding sources to help bolster and inspire the local community.

Since 2017, UFC has organized 29 50/50 raffles throughout North America that have grossed more than $1.55 million, with net proceeds benefitting local charitable organizations in the communities that have hosted UFC events throughout the United States and Canada.

UFC’s next 50/50 raffle will take place from Friday, September 15 – Saturday, September 16 at T-Mobile Arena as part of NOCHE UFC: GRASSO vs. SHEVCHENKO 2. For more information, please visit UFCFOUNDATION.

(UFC)


WWE® ANNOUNCES 27 ADDITIONAL DATES TO 2023 FALL LIVE EVENT TOURING SCHEDULE

STAMFORD, Conn., July 7, 2023 – WWE® (NYSE: WWE) today announced 27 additional live events as part of the company’s 2023 touring schedule. Tickets go on sale next Friday, July 14.

The schedule includes:

- Saturday, Sept. 9: WWE Saturday Night’s Main Event – Nassau Coliseum in Uniondale, N.Y.

- Sunday, Sept. 10: WWE Sunday Stunner – John Paul Jones Arena in Charlottesville, Va.

Friday, Sept. 15: SmackDown® – Ball Arena in Denver, Colo.

Saturday, Sept. 16: WWE Supershow – Toyota Center in Kennewick, Wash.

Sunday, Sept. 17: WWE Supershow – Extra Mile Arena in Boise, Idaho

Monday, Sept. 18: Raw® – Delta Center in Salt Lake City, Utah

Friday, Sept. 22: SmackDown® – Desert Diamond Arena in Glendale, Ariz.

Saturday, Sept. 23: WWE Supershow – Acrisure Arena in Greater Palm Springs, Calif.

Sunday, Sept. 24: WWE Supershow – Save Mart Center in Fresno, Calif.

Monday, Sept. 25: Raw® – Toyota Arena in Ontario, Calif.

Friday, Sept. 29: SmackDown® – Golden 1 Center in Sacramento, Calif.

Saturday, Sept. 30: WWE Supershow – Chase Center in San Francisco, Calif.

Sunday, Oct. 1: WWE Supershow – Tahoe Blue Event Center in Lake Tahoe, Nev.

Monday, Oct. 2: Raw® – SAP Center in San Jose, Calif.

Friday, Oct. 6: SmackDown® – Enterprise Center in St. Louis, Mo.

Saturday, Oct. 7: WWE Fastlane – Gainbridge Fieldhouse in Indianapolis, Ind.

Monday, Oct. 9: Raw® – CHI Health Center in Omaha, Neb.

Friday, Oct 13: SmackDown® – BOK Center in Tulsa, Okla.

Saturday, Oct. 14: WWE Supershow – T-Mobile Center in Kansas City, Mo.

Sunday, Oct. 15: WWE Supershow – Great Southern Bank Arena in Springfield, Mo.

Monday, Oct. 16: Raw® – Paycom Center in Oklahoma City, Okla.

Friday, Oct. 20: SmackDown® – AT&T Center in San Antonio, Texas

Saturday, Oct. 21: WWE Saturday Night’s Main Event – Bert Ogden Arena in Edinburg, Texas

Sunday, Oct. 22: WWE Sunday Stunner – Sames Auto Arena in Laredo, Texas

Monday, Oct. 23: Raw® – American Airlines Center in Dallas, Texas

Friday, Oct. 27: SmackDown® – Fiserv Forum in Milwaukee, Wis.

Monday, Oct. 30: Raw® – Bon Secours Wellness Arena in Greenville, S.C.

About WWE

WWE, a publicly traded company (NYSE: WWE), is an integrated media organization and recognized leader in global entertainment. The Company consists of a portfolio of businesses that create and deliver original content 52 weeks a year to a global audience. WWE is committed to family-friendly entertainment on its television programming, premium live events, digital media and publishing platforms. WWE’s TV-PG programming can be seen in more than 1 billion homes worldwide in 25 languages through world-class distribution partners including NBCUniversal, FOX, BT Sport, Sony India and Rogers. The award-winning WWE Network includes all premium live events, scheduled programming and a massive video-on-demand library and is currently available in more than 180 countries. In the United States, NBCUniversal’s streaming service, Peacock, is the exclusive home to WWE Network.

Additional information on WWE can be found at wwe.com and corporate.wwe.com.


Aussie Open win Tag Team titles at ROH Death Before Dishonor

The duo won the titles in a four-way match.

Aussie Open are the new ROH Tag Team Champions.

Mark Davis and Kyle Fletcher won the titles at Friday’s Death Before Dishonor event, defeating former champions Penta El 0 M and Rey Fenix, Best Friends, and The Kingdom in a four-way match. The finish had Davis and Fletcher hitting Coriolis on Trent Beretta to win the titles for the first time.

Lucha Bros. had held the titles for 113 days, winning them back at Supercard of Honor on March 31 in a Reach for the Sky ladder match. The titles had been vacated due to the death of Jay Briscoe back in January.

Aussie Open had to vacate the IWGP and NJPW Strong Tag Team titles after Davis suffered a knee injury that required surgery. This was the first time since May that Aussie Open had teamed up, and the first time since they had signed with AEW.

The rest of the card saw champions retain their titles. The double main event had Claudio Castagnoli successfully retain the ROH World title against PAC, and Athena retain the ROH Women's title against Willow Nightingale.


Wrestling and sports announcing legend Jim Ross on AEW - July 2023

"Ian (Riccaboni) really distinguished himself in Calgary, I thought. I thought he and Nigel McGuinness had a hell of a night. I don't trust anybody any more than Ian Riccaboni to get the stuff in. We've got a great anchor with Excalibur and another great anchor with Ian Riccaboni and you just got to try it and see what kind of chemistry there is between teams. The team of Taz and Tony Schiavone and Excalibur is excellent. They really are excellent and they're getting their timing together. They're not talking over each other. They're trying, I think, not to use so many fu**ing pronouns. Then Nigel and Ian had a hell of a night, and that's leaving out Kevin Kelly in this debate. He'll be back as I understand it to do Collision, but I don't know how all that's gonna work out. I don't have any idea. But anyway, you just got to see if they got chemistry. The skill set it takes to have the patience to talk in sound bites and not make your dialogue about you. That's what we're waiting to see how that was all going to transfer.” - Jim Ross


AEW's Matt Hardy On The Pros & Cons Of Social Media - July 2023

 

Matt Hardy has remained a top star for several decades. However, his career was rejuvenated in a big way with the emergence of his break-out "Broken" character in TNA. The new persona wound up going viral on social media, thanks to wrestling fans. As a result of leveraging social media to his benefit, Hardy has a pretty solid grasp on the pros and cons of its usage, which he shared during a recent appearance on "Busted Open Radio."

"I have said this for a long time. Social media is the best thing ever to happen and social media is the worst thing to ever happen," Hardy explained. "When you are on social media, it gives guys that are hungry and driven a great platform to promote themselves, to promote their business, to promote their projects — whatever it may be. But it also allows people to come on social media without accountability and without responsibility. And they can insult people and troll people."

Hardy recently encountered some toxicity at the hands of Jim Cornette and his fans on social media, but Hardy does his best to not let it affect him.. "Just because there are a group of people that may follow someone who is an antiquated relic in terms of his opinions — if they came at me and insult me that doesn't bother me at all," said Hardy. "Matter of fact, it is kind of like a badge of honor because I am picking up attention in some capacity". Hardy has realized the best response is not to waste energy arguing or trying to change opinions.

Hardy also recognizes social media isn't going anywhere, and he pushed that to thrive in society you needed to embrace technology and adapt to societal changes. "Social media is a magical thing. It is a monster. It is so powerful," said Hardy. "I just hope people try hard to be very responsible and use it for good."


ONE Championship To Host Four U.S. Events In 2024

ONE Championship, the world’s largest martial arts organization, today announced that the promotion will host four events in the United States in 2024.

Coming off a successful U.S. debut in May at 1stBank Center in Colorado with ONE Fight Night 10, ONE will look to carry its momentum into 2024 with a recurring cadence of ONE Fight Night events in America, which will air live on Prime Video in the U.S. and Canada. Cities, venues, and ticketing information will be announced at a later date.

Chatri Sityodtong, Chairman and CEO of ONE Championship, stated: “I am thrilled to announce that ONE Championship is coming back to the U.S. with four massive events in 2024. When we made our historic U.S. debut with ONE Fight Night 10 on Prime Video, I was blown away by the support we received from our fans in the U.S. ONE is home to the greatest martial artists in the world, and I’m excited to once again showcase our World Champions on American soil. To our fans that haven’t seen a live ONE event, I promise you an experience unlike anything you’ve ever seen.”

ONE Fight Night 10 featured Demetrious “Mighty Mouse” Johnson defending the ONE Flyweight World Title, the return of “Super” Sage Northcutt, the U.S. debuts of Thai superstars Rodtang Jitmuangnon and Stamp Fairtex, and more. Milestones for the event included:

Tickets: Sold out 1stBank Center in Colorado

Viewership: Most watched event to date for ONE on Prime Video

Search: A new peak on Google Trends for “ONE Championship” in the U.S.

Social: #ONEFightNight10 trended #1 on Twitter in the U.S. and Canada for Sports

Prime Video Partnership: Merch on Demand QR codes for ONE apparel, in-stadium Twitch Watch Parties featuring ONE athletes, live coverage throughout fight week

Stage Front VIP, the exclusive U.S. VIP experience partner of ONE, will continue to provide fans with unrivaled access through immersive VIP experiences that include premier seating, premium hospitality offerings, athlete meet-and-greets, event collectibles, after-party access, and more.

Streaming quotas decision would ease Hollywood strike headache: studio boss - July 16, 2023

Australia’s film and television sector will avoid major disruption as a result of union strikes in Hollywood, although the Albanese government is being urged to finalise its decision over proposed local content quotas to ease uncertainty in the industry.

Former chief executive of Nine Entertainment Hugh Marks – who last year founded Australian studio Dreamchaser alongside former Endemol Shine boss Carl Fennessy – said the writer and actor strike had added a layer of complexity to the Australian industry.

After announcing in January it would implement local content requirements for international streaming services, the government is yet to set a number for the quota. A spokesperson for Tony Burke, minister for the arts and for workplace and employment relations, reaffirmed a decision would be made this side of the new year, ahead of its implementation in July 2024.

Marks said the local offices of the likes of Netflix, Disney and Apple will be affected by the strikes, with Australian content pitches increasingly being angled towards a global audience.

The strikes have coincided with a period where streamers have shifted gears from “a gold rush of global domination”, Marks says, to being forced to figure out how to monetise their vast audiences.

Several, including Netflix, Disney+ and Binge locally, have turned to advertising as a contributing solution. A clear direction from the government, he says, would ease the headache over decision-making on domestic content.

“The one thing that would really be beneficial now would be the release of the new proposed laws about quotas in this market because that would certainly give everyone some focus as to at least what’s got to be done domestically,” Marks says.

“I’m certainly encouraging the government to act sooner rather than later to remove that unnecessary lack of certainty from the local market.”

In a positive for the local industry, a statement on Friday from Screen Producers Australia (SPA) noted the strike does not apply to non-scripted productions, including documentaries, light entertainment and reality shows – the latter of which is widely noted to be a beneficiary of the writers’ strike in 2007.

SPA said it anticipated a limited number of non-Australian productions will be affected by the strikes locally. The body said all scripted local productions produced and controlled by Australian production companies that have engaged Australian and Imported SAG members will continue unaffected, provided they engage all cast under Australian Industry Contracts in accordance with the Global Rule One Agreement between SAG-AFTRA and the Media Entertainment & Arts Alliance (MEAA).

While it has been suggested prolonged strikes in the US could see an additional influx of Australian-produced content, Marks believes it is too early in the process to think that might be the outcome.

The country’s biggest streaming services are required under legislation introduced by the Morrison government to report their spending on Australian content to the authority. The big five – Netflix, Stan, Amazon Prime Video, Disney+ and Paramount+ – reported that in 2021-22 they collectively spent $668.5 million on “Australian” and “Australian-related” content.

Last month, NBC Universal walked away from its $180 million sci-fi series, Metropolis, which had pre-production under way at Docklands Studios in Melbourne. After the actors union voted to strike last week, the Sam Neill/Annette Bening drama Apples Never Fall, halted on Friday. Production was already under way in Queensland, budgeted at an estimated $79 million.

NBC Universal signed a content deal with Foxtel in November, with an extended deal with Warner Bros. Discovery, owner of the highly regarded network HBO, in February.

Foxtel’s streaming service Binge has relied heavily on content from HBO for its sustained growth since launching in 2020, with popular shows such as White Lotus, Succession, and The Last of Us. Binge was responsible for 11.9 per cent of all new Streaming Video on Demand subscriptions in the first quarter of this year, according to data from Kantar, with 18 per cent of all of its new user acquisitions driven by The Last of Us, its blockbuster nine-part series that debuted in January.

Local players including Foxtel and Stan (owned by Nine) were approached for comment on the impact of their programming schedules.

One of the streamer’s largest subscription drivers in 2022, House of the Dragon, will continue filming in the UK, due to the show being largely comprised of British actors with contracts governed by the local union, Equity.

Paramount, which owns Network Ten and streaming service Paramount+, is understood to not be affected by the strikes. While it benefits from a constant stream of content from Paramount Studios, the local arm of the company has focused its efforts on Australian-produced content, which includes shows such as The Last King of the Cross, Five Bedrooms, and the recently green-lit series NCIS: Sydney, being produced locally by Endemol Shine.

Screen Producers Australia wants a 20 per cent levy on the streamers’ Australian revenue, while the streamers insist they are spending plenty already, with local TV networks in agreement.

In May, a submission by industry body Free TV, which represents Nine, Seven West Media and Network Ten, said it opposed the introduction of quotas for local productions, arguing the screen production industry in Australia is already booming.

Free TV doubled down this week, calling for a balanced approach to the introduction of streaming quotas. In response to comments by Bryan Brown AM in an address to the National Press Club, Bridget Fair, CEO of Free TV Australia said the group invests $1.5 billion every year in Australian content.

“But if the Government is going to impose content quotas on streaming services, it needs to carefully consider the impact this will have on the Australian public who rely on free services from our local broadcasters,” she said.


Australian tech billionaire Mike Cannon-Brookes splits from wife - 22nd July 2023

An Australian tech billionaire worth $19 billion has reportedly split from his wife after 13 years of marriage.

Australian tech billionaire Mike Cannon-Brookes has reportedly split from his wife after 13 years of marriage.

Sources close to the family of Mr Cannon-Brookes, who is Australia’s sixth-richest person and the co-founder of Atlassian, have confirmed he is separating from his wife, Annie, according to Nine newspapers.

The couple married in 2010.

Their separation comes just a week after the high-profile split of Australia’s richest couple, Twiggy and Nicola Forrest.

The Forrests, who had been married for 31 years, said they were living apart but insisted the separation will not impact their mining and philanthropy empire.

Mr Cannon-Brookes made his estimated $19 billion fortune alongside fellow Aussie billionaire Scott Farquhar, with whom he co-founded software firm Atlassian in 2002.

The company is widely considered a great Australian success story, its share price having quintupled since it was listed on the US stock exchange in 2015.

Atlassian has, however, suffered a tough 12 months amid broader turmoil in the tech sector. In March, the company laid off 500 workers just a few months after a dramatic hiring blitz.

In a self-described “no bulls**t” note to staff, Mr Cannon-Brookes and Mr Farquhar said it was a “very hard day in our 20 year history” and they were “deeply sorry” to make the job cuts.

“To be clear, this decision is not a reflection of Atlassian’s own financial performance, as we will be reinvesting in roles that better support our priorities,” they wrote.

The Cannon-Brookes family owns an impressive property portfolio, including the 1.1-hectare Fairwater estate, previously the home of the late Lady Mary Fairfax, which they acquired in 2018 for a reported $100 million. It was believed to be the priciest property sale in Australian history.

In June, the couple forked out $14.25 million to buy a home in Newport, on Sydney’s northern beaches, neighbouring the $24.5 million estate they purchased in 2020.

The five-bedroom home is set on a 3000-square-metre block of land and features a 1000-square-metre netted bathing area.

Cannon-Brookes, who was previously a fashion designer, was born in the US.

It’s believed he and Annie met at a Qantas lounge during a trip between Sydney and San Francisco.


Endeavour calls on states to work together on gambling reform

Endeavour Group boss Steve Donohue has urged state and territory governments to work more closely together when considering policies to fight problem gambling, as the hotels’ operator promises to get a jump on implementing gaming reforms unveiled in Victoria this week.

Donohue said on Thursday that Endeavour, one of the largest operators of poker machines in the country, has written to state governments calling for a “more co-ordinated and collaborative approach” and to make sure that knowledge is shared across all states on proposals such as cashless gaming and facial recognition technology.

He said there was room for the states to share more insights with each other about the impact and efficacy of different policy measures.

“What we are saying is we think there is an opportunity for deeper collaboration and more co-ordination in relation to various approaches, suggestions and ideas,” he said.

“We can learn from the experiences that each state and territory is having.”

A spokesperson for New South Wales Gaming and Racing Minister David Harris said the state was committed to working with all stakeholders to deliver evidence-based gambling reform.

“We will be paying very close attention to the activities of other jurisdictions, such as the Victorian government and the evidence they unearth through the work of their implementation working group,” they said.

“Just this week the minister met with the ACT minister for gaming to continue collaboration and discussion on gambling reform across jurisdictions.”

Endeavour told shareholders on Thursday that the company would move swiftly to implement changes after the Victorian government unveiled proposed reforms to gaming machine regulations on Sunday.

The state’s plan for reducing gambling harm includes slower spin times for games, mandatory closing periods for gaming room floors, mandatory pre-commitment limits and a load-up limit of $100, which will cap how much an individual can put in a machine at a time.

Endeavour confirmed it would adjust the hours of gaming machine areas at its ALH Hotels in Victoria, so they close between 4am and 10am by August 31; 10 months ahead of the government’s proposed timeline.

This would bring Victoria’s rules in line with operating-hours regulations in NSW and South Australia.

The company also confirmed it supported the $100 load-up limit and would bring this into operation for Victorian machines “as soon as is practicable”.

Shares in the business closed 9.9 per cent weaker on Monday as investors and analysts considered what impact the reforms would have on the group’s earnings.

Goldman Sachs analysts said on Monday that the exact impact would be difficult to estimate, but said it could lower earnings by 0.5 per cent to 1.8 per cent during the 2024 financial year.

E&P Financial analyst Philip Kimber said policies such as the $100 load-up limit were likely to have a smaller impact on Endeavour’s financials than the Victorian government’s policy on pre-commitment limits.

“There is no change to our view that the Victorian government proposal with the potential to have the most material impact on electronic gaming machine spend in Endeavour’s Victorian pubs is mandatory pre-commitment limits [via carded play],” he said in a note to clients on Thursday.

Endeavour shares opened stronger but did not maintain momentum during Thursday’s session as the broader market stayed flat. The stock was up 0.3 per cent to $5.91 in late afternoon trade, but still down by 5.6 per cent over the past five days.


Media Man commentary for David Rowe Illustrations as per The Australian Financial Review

Pen Dan Thon Games For Four. Great art.

No Pentathlon. No nothing. Gang of four. Gonzo and satire +. Commentary open to interpretation, as per pro wrestling legend John Cena's Instagram. Beauty of otherwise in the eye of the beholder. Alternative commentary: Sports biz blessing in disuise and doddged a bullet from the range.


Media Man commentary for Mike Mooneyham feature on 'The Bloodline' and wrestling factions news in the WWE

Exactly. But, hopefully it becomes the "new normal" for the WWE version of pro wrestling. The Judgement Day faction also looks very promising to me with Dirty Dom as a heat seeking "killer heel" element, while going after all of the belts. Tony D gets seen on today's WWE SmackDown backstage and he's got "mob" and family business history with Escobar, so LWO also gets a shot in the arm. So much better than 3 to 5 years ago. The Triple H era with apparent assistance by Shawn Michaels and a few others who listened to fans of pro wrestling. Paul Heyman fingerprints over the "crime scenes" for the past 56 months or so. And WWE business is at historic levels. Feel welcome to quote me.


Media Man commentary for recent scribes in Search Engine Journal - 2023

SEJ's Kristi on the latest on the Hollywood writers strike connection with AI, human writers and the like..To paraphrase the world's leading tech entrepreneur/innovator, Elon Musk, "Once you summon the beast (of AI) there's no turning back". For me, founding and overseeing a modest size independent media and online publishing firm.Insew both opportunity and threats with AI. More threats at this stage of the game.. Circa 1980 pro wrestling legend, "The American Dream" Dusty Rhodes cut a promo which was decades ahead of its time and included the verse, "A computer took my job Daddy"..and "that's hard times". Well, we may not be quiet at that point but social is inching closer. We are somewhat reluctantly starting to embrace some A.I elements. Twitter Spaces broadcast raised interesting points on AI in business and life over the past week. The part about "summoning the demon" is still giving me mild nightmares. AI can certainly save publishers and the like a considerable amount of money? How? By reducing if not elimination of human writers, web-coders and so on. Ying and yang. AI wins and a human loses. But, humans are still in control right?! This is getting me even more fired up for the potential match: Musk vs Zuck! Man vs Machine!


Media Man commentary for Search Engine Journal: Supercharge your Alt text SEO strategy

SEJ - Alt Text AI.. motivated to work on an AI project to help get the best parts of the subject and have AI write one of these AI articles for us. Open AI, xAI, Bard and/or other! AI tender wars could be a potential growing trend. Save time and save money by not having to pay a human to do a job an AI robot machine can do! "Never pay a human to do a machines job". (Agent Smith -;The Matrix). In AI and SEJ we trust. Man over machine or Machine vs Human? Can they both co-exist in the AI SEO space or will a battle be looming or more a Darwinism for the AI writer and scribe. An AI writer will work for nothing and around the clock 365 right? Little wonder the article was done or largely done by AI. A growing trend, or a one-off? All the news that's fit to print on SEO. AI SEO all the way to the bank.


Netflix reveals jaw-dropping result after password sharing crackdown

The streaming giant has unveiled the results of its controversial password-sharing crackdown – and they’re quite staggering.

Netflix has revealed that subscriptions to their streaming service climbed by nearly six million in the wake of its crackdown on password sharing.

The streaming giant finished the recently ended quarter with a total of 238 million subscribers and a profit of $US1.5 billion ($1.77 billion), according to an earnings release.

The pick-up in subscribers came as a potentially crippling writers and actors strike hits the US entertainment industry, but with analysts saying Netflix is better positioned than its rivals to weather the storm.

“We are constantly at the table negotiating with everyone across the industry,” Netflix co-chief executive Ted Sarandos said during an earnings presentation.

“We need to get to this strike to a conclusion so that we can all move forward.”

Revenue came in lower than expectations with Netflix posting $US8.2 billion ($12 billion) in sales over the April to June period, pushing the company’s shares down more than eight per cent in after hours trading on Wall Street.

Netflix in May expanded its crackdown on users sharing passwords with people beyond their immediate family as it seeks to shore up revenue after a rough patch last year.

Earlier this year the company complained that more than 100 million households were sharing accounts at the service.

“Let’s face it, the crackdown on passwords is working,” Navellier and Associates chief investment officer Louis Navellier said of Netflix.

“I was ecstatic with the results; I think they hit the ball out of the park with subscriber growth.” In its earning statement, the company said that the policy would expand to all its markets worldwide.

To convert non-paying users, Netflix has introduced “borrower” or “shared” accounts, in which subscribers can add extra viewers for a higher price or transfer viewing profiles to new accounts.

Netflix launched an ad-subsidised offering around the same time as the crackdown, and on Wednesday eliminated its lowest priced ad-free plan that cost $10 a month in the US.

“The decision to cut its basic tier is an effort to bolster advertising by elevating the price difference between its advertising and non-advertising tiers,” said Insider Intelligence principal analyst Ross Benes.

“Building an ads business from scratch isn’t easy and we have lots of hard work ahead, but we’re confident that over time we can develop advertising into a multi-billion dollar incremental revenue stream,” Netflix said in the letter to shareholders.

Benes estimates that Netflix will generate $US770 million ($1.13 billion) in advertising revenue in the US this year, and more than US$1 billion by 2024.

“Netflix’s increased focus on password sharing will occur alongside heightened pressure to expand ad revenue,” Benes said.

“As the service’s subscriber base plateaus in more countries, Netflix will focus on moving price-sensitive freeloaders to its cheaper ad-supported plan.”

Actors on strike

The earnings report came as Netflix and other film and television makers see productions halted by an actors and writers strike in the United States.

“The share price is down a bit after market; there is worry they will run out of content because of the Hollywood strike,” Navellier told AFP.

Screen Actors Guild (SAG-AFTRA) members joined writers who have been on strike for weeks, triggering the first industry-wide walkout for 63 years and effectively shutting down Hollywood.

“Our experts say that Netflix is best positioned to weather the strike compared to competitors, but it could start to feel pressure if its content pipeline gets increasingly strained,” said Third Bridge analyst Jamie Lumley.

Sarandos said on an earnings call in April that the company has a “pretty robust slate of releases” and a large base of upcoming films and shows from around the world to help it endure a strike.

The company touted the success of fresh Murder Mystery and Extraction films, as well as series such as Bridgerton, The Witcher and Never Have I Ever.

“This year we’ll have more returning seasons than any other streamer,” Netflix told shareholders, sharing a list that included The Crown and Virgin River.

Netflix scraps huge comeback movie for beloved 80s franchise - July 2023

Netflix has scrapped a huge comeback movie for a beloved 80s series, despite already spending more than $44m developing it.

Netflix has scrapped a huge comeback movie for a beloved 80s series.

Despite spending more than $44m on the project, it seems the upcoming film has officially been given the axe by the streaming giant.

The Masters of the Universe – based on the He-Man and other Mattel toys – has been in the works at Netflix since 2019.

The streaming giant already released an animated series, He-Man and the Masters of the Universe in 2021, and two other shows were also in development.

However according to Variety, despite the extortionate amount of money spent on development costs, the project has been axed.

The news reportedly comes after “budget concerns” were raised.

The project previously had a tough time trying to find its way to the big screen as it went through both Warner Bros. and Sony Pictures.

Many writers have been involved in the project since 2007, as well as acclaimed directors Jon M. Chu and McG.

Huge names were attached to the film including The Lost City directors Adam and Aaron Nee and lead actor Kyle Allen, 28, who is best known for roles in West Side Story and American Horror Story.

Significant pre-production procedures took place even though producers worked to get the budget down.

Netflix reportedly rejected a $180 million budget as it never officially gave the project the green light.

Although the film is no longer at Netflix, Mattel is reportedly looking for a new home for the film.

CEO of the company Ynon Kreiz recently told The New Yorker: “It’s hundreds of pages of characters and sorcerers and vehicles and weaponry – you name it.

“And then you flip through the pages, and here’s a movie, and here’s a movie, and here’s a TV show. . . . it’s endless!”

The film is based off a toy line franchise of the same name, which was also a hit cartoon series that aired from 1983 to 1985 and consisted of 65 episodes.

The series was so successful that it spawned a spin-off series, She-Ra: Princess of Power, following the adventures of He-Man’s sister, Princess Adora.

A live action movie version was released in 1987 which starred the likes of Dolph Lundgren, Courteney Cox and Frank Langella.


‘They Live’, starring Roddy Piper, returning To U.S theaters For 35th Anniversary

John Carpenter’s classic They Live, starring WWE star Roddy Piper, Keith David, and Meg Foster, came out in 1988. The film is based on “Eight O’Clock in the Morning” by Ray Nelson. As AMC Theatres summarized, They Live centers around “aliens who are gaining control of the earth by masquerading as humans and the one man determined to stop them.” This special anniversary event will feature an exclusive intro from director John Carpenter.” To commemorate the movie’s thirty-fifth anniversary, it is returning to theaters on September 3 and 6 through Fathom Events. The special edition will include an exclusive intro from Carpenter.


Meta and other social media giants blocking news in Canada - July 2023

Some Instagram users in Canada are finding their access to news accounts restricted as Meta and other social media companies prepare for the country’s Online News Act to come into effect. Meta, the company that owns Instagram and Facebook, says it underwent testing in June to limit some users and publishers from viewing or sharing news content in Canada. It says tests impact up to five per cent of Canadian users. Many have questions about the federal government’s Online News Act, why it’s being opposed by social media companies and how the friction between the two will impact Canadian users. Here are some of your questions, answered.

What is the Online News Act?

The Online News Act, or Bill C-18, is a piece of Canadian legislation that requires tech companies like Google and Meta to compensate news outlets for sharing links to their pages. The law received royal assent on June 22 and is slated to take effect “no later than 180 days” after that date.

What are the concerns for social media companies?

Critics, including Meta and Google, say Bill C-18 is unfair, unworkable and amounts to a tax on links, with no recognition of the traffic or “free marketing” the tech companies provide to news publishers. Along with blocking access to some users, Meta has begun an ad campaign on its Facebook and Instagram platforms, criticizing the law and explaining its decision to remove news links.

“The Online News Act is based on the incorrect premise that social media companies benefit unfairly from news content shared on our platforms, but the reverse is true,” said Lisa Laventure, spokesperson for Meta, in a statement Monday. “News outlets voluntarily share content on social media to expand their audiences and help their bottom line. Unfortunately, the only way we can reasonably comply with this legislation is to end news availability for people in Canada in the coming weeks.”

Is this what the bill’s proponents wanted?

No. Heritage Minister Pablo Rodriguez called Meta’s move “disappointing” and said Canadians will not be intimidated by these tactics. Meanwhile, Paul Deegan, the head of News Media Canada, called Meta’s move a “kick in the shins” to Canadians at a time when the value and need for credible information has never been greater.

“Meta’s decision to ‘unfriend’ Canada by denying access to trusted sources of news for some of their users, as wildfires burn and when public safety is at stake, is irresponsible and tone deaf,” Deegan told CBC News in an email. “This hard-nose lobbying tactic is more evidence of the power imbalance that exists between dominant platforms and publishers.”

Will this happen to all of us soon?

In order to comply with the law, both Google and Meta have stated they would remove news links in Canada before the law comes into effect by the end of the year. Rodriguez has said Google and Meta do not have obligations under the law because the regulatory process is just beginning.

“We’re deeply convinced that Google’s and Facebook’s concerns can be resolved through the regulatory process. If Facebook truly believes that news has no value, they can say so at the negotiating table,” Rodriguez said in a statement on Monday. “Threats to pull news instead of complying with the laws in our country only highlight the power that platforms hold over news organizations, both big and small.” Google has said it will work with the government throughout the regulatory process, while Meta believes the process isn’t equipped to make changes to parts of the legislation with which it disagrees.

What is CBC doing about this?

Legacy media and broadcasters have praised the bill, which promises to “enhance fairness” in the digital news marketplace and help bring in more money for shrinking newsrooms. Tech giants including Meta and Google have been blamed in the past for disrupting and dominating the advertising industry, eclipsing smaller, traditional players. CBC/Radio-Canada’s corporate position is that the Online News Act will help level the playing field and contribute to a healthy news ecosystem in Canada “at a time when 80 per cent of digital ad revenue goes to Facebook and Google,” said spokesperson Leon Mar. In an editor’s blog, CBC News editor-in-chief Brodie Fenlon has suggested audiences follow the broadcaster on TikTok and other apps, such as Gem and CBC Listen.

Has there been pushback?

Meta, which is based in Menlo Park, Calif., has taken similar steps in the past. In 2021, it briefly blocked news from its platform in Australia after the country passed legislation that would compel tech companies to pay publishers for using their news stories. It later struck deals with Australian publishers. Gregory Taylor, a communications, media and film professor at the University of Calgary, pointed to Australia as an example for why Canadian news publishers should hold strong on their position.

“Facebook is really trying to assert itself, but in the end they can’t afford to lose a lot of these markets,” Taylor previously told CBC North. “I believe that we are at the leading edge of getting these companies to contribute to our democracy by bringing in this kind of funding model.”

What is the answer to combat this?

Alfred Hermida, a journalism professor at the University of British Columbia, believes C-18 is a “flawed piece of legislation” that doesn’t address greater issues in the news industry, such as the concentration of private media ownership.

“It doesn’t take into account the record profits of media conglomerates like Bell and Rogers,” he previously told CBC News. “And it doesn’t really do anything to support for more than 140 journalism startups that have been created in Canada since the year 2000.” In the near term, private messaging and chat groups may also be alternatives as Meta’s Facebook Messenger does not appear to be affected by the company’s plans to block news links.

In conclusion, the implementation of Canada’s Online News Act has led to restrictions on news accounts for some Instagram users in the country. Meta and other social media companies have undergone testing to limit the viewing and sharing of news content in Canada. The Online News Act requires tech companies to compensate news outlets for sharing links to their pages. Social media companies like Meta and Google oppose the law, stating that it is unfair and amounts to a tax on links. Meta’s decision to block news links has been criticized by proponents of the bill, who argue that it is irresponsible and highlights the power imbalance between platforms and publishers. Both Google and Meta have announced plans to remove news links in Canada before the law comes into effect. CBC/Radio-Canada supports the Online News Act, believing it will enhance fairness in the digital news marketplace. There has been pushback from social media companies, with Meta previously blocking news in Australia but later striking deals with publishers. The answer to combat this issue is still being debated, with some arguing that the legislation does not address larger issues in the news industry. In the meantime, private messaging and chat groups may serve as alternatives for accessing news content.


Top 5 Movies about writers on Netflix

Movies are a great part of our lives. They make us happy and sad, inspire us to embark on journeys to unknown lands, and become our escape when everything seems to go down. You can find a movie about literally anything and use it as a tool to get out of a crisis.

This is especially relevant for academic writers and their blocks. The writing industry knows no boundaries, starting with novel writers who spend years on their books and finishing with professional essay writers who can finish a difficult assignment in 8 hours. SmartWritingService is a great sample of such websites.

Both get writer’s blocks from time to time. Just like batteries, they need to be recharged to continue their work. Sometimes it’s the feeling of the worthlessness of what they do, while other times, it’s just general exhaustion.

If you’re in a similar situation, let us help you recharge with the 5 best movies about writers!

TOP 5 MOVIES ABOUT WRITERS

These will enchant you with interesting stories and help get your mind off the struggle. Get some popcorn, a blanket for extra coziness, and let’s begin.

STRANGER THAN FICTION

This is an extraordinary story that comes alive thanks to an amazing cast. Here you can see legends such as Dustin Hoffman and Emma Thompson. Another treat is Will Ferrel in an unusual role for him. We all know the actor for his humor and sarcasm, but in this movie, he’s a completely different, serious, character.

With this movie, you will experience all the stages of the writing process, a unique interpretation of it, and the way to make your characters open from new sides on screen. It’s unique, creative, and very engaging. The movie will leave an impression you won’t be able to shake off for several days. And you won’t have to!

MIDNIGHT IN PARIS

If you’re more into romantic stories, this movie is a great choice for your rewind time. This is Woody Allen at his best! The movie shows a story, filled with romance and comedy, about a promising writer on a journey to the most loving and loved city of the world, Paris, with his fiancee.

The author, played by the talented Owen Wilson, is filled with fears, a lot of writers have, no matter the genre, experience, or era. The movie takes a fantastic twist when the writer meets a lot of authors he was inspired by before their famous breakthroughs. Their stories help him overcome every doubt and fear, coming out a completely new person and giving himself a chance.

The story is enhanced by the beauty of the French capital, which is just magical.

SWIMMING POOL

This movie is more of a thriller, for those who like to be on the edge of their seats, thinking of nothing more but the plot. It’s about deadlines (the most powerful thriller for a writer anyway) and inspiration in unexpected places. The main character, played by Charlotte Rampling, is nearing her deadline that comes as quickly as an express train. She has a new novel to present to her publisher, and it should become as good as her previous successful book, maybe even better.

She goes to the countryside in France and meets a teen played by Ludivine Sagnier. As teenagers can be, she’s quite rebellious, but the writer, unexpectedly, finds inspiration and motivation in their interaction that drives her to make the book much better. The story is filled with mystery, as well.

WILDE

The name of the movie says everything. Oscar Wilde is one of the most unique and famous writers in the world. This story highlights certain parts of his personal life, where a lot of writers can find similarities or explanations to some of their questions.

The author appreciated beauty in everything, was quite witty and painfully honest in his works. This movie can help you gain a new understanding of the world of writing, personal crisis, and more. Besides, you’ll find out a lot of new information about the writer, which is always interesting.

SHAKESPEARE IN LOVE

For everyone who loves pretty things, this is an incredibly beautiful movie. It stars Gwyneth Paltrow and is a special film in her life. The actress won an Academy Award for it! This is a drama-comedy about a writer that everyone around the world knows.

We learn about Shakespeare in school, and some continue to do it due to their major or sheer interest in this extraordinary person and a talented writer. The movie is highly entertaining and beautiful, shot in a traditional British manner. If you’re struggling with writer’s block, this film is a must-watch!


Pop Culture Podcast Wars; Media Man Monthly awards

4 Way Tie: Logan Paul's Impaulsive, WWE's Out Of Character, Joe Rogan and Russell Brand

TMZ wins Media Man 'Pop Culture News Outlet Of The Month'

WWE wins Media Man 'Wrestling Promotion Of The Month' Runner-ups: All Elite Wrestling, Game Changer Wrestling and National Wrestling Alliance

Search Engine Journal wins Media Man 'Search News Outlet Of The Month'; Runner-up: Search Engine Land

 

 

Pop Culture, Streaming, Wrestling, MMA, Combat Sports, Movies, Sports Business...

 

Netflix finally reveals how much it makes from Australians - 1st June 2023

Netflix made more than $1 billion from Australians last year, a figure the company reported for the first time after deciding no longer to funnel revenues through a Netherlands-based subsidiary.

Accounts lodged by the streaming giant show Netflix Australia made $1.06 billion in 2022, up from $30.7 million the year before.

The increase in reported revenue came after the company’s local subsidiary changed how it bills. It now describes itself as a “distributor of access” to Netflix Service as opposed to a provider of services for its parent company.

It was previously estimated that Netflix made between $790 million and $1.4 billion from Australians, but customers were billed by Netflix International BV. But from January 1 last year, customers were billed by Netflix Australia, meaning subscription revenue was recognised and taxed locally.

The accounts, filed with the Australian Securities and Investments Commission, show Netflix Australia paid $966 million to the Netflix Group in distribution fees and other costs, meaning it made just $22.7 million from total revenues of $1.06 billion.

After paying $6.9 million in income tax, it reported $15.8 million profit for the year.

“As Netflix continues to grow and invest in Australia, we want our corporate structure to reflect our business activities here,” a spokesman for Netflix said last year when The Australian Financial Review reported the structural change.

In 2021, Netflix Australia reported $30.7 million in revenue, $2.4 million in profit pre-tax, and $1.5 million in profit after its $868,000 income tax bill.

Netflix does not disclose subscriber numbers for Australia, but the revenue figures included in its latest accounts implies the service has around five million customers locally, if its standard plan, $16.99 per month, is used as a guide. It has four monthly price tiers including a new, cheaper one that now adds some advertising.

According to the Australian Communications and Media Authority, streaming services made a combined $2.49 billion in Australia in 2021.

The disclosure of Netflix’s true Australian revenue comes as the federal government considers introducing quotas that would force streaming companies to spend a certain amount making shows locally.

Some suggestions have been forcing them to spend between 10 and 20 per cent of local revenue on Australian shows, meaning Netflix would be required to spend, depending on the rate, between $100 million to $200 million.

ACMA estimates streaming providers spend $335.1 million on Australian content in the 12 months to the end of June last year, up from $178.9 million the year before.

Netflix has been contacted for comment.

News

Mistakes and miscalculations: How the Murdochs and Fox got it so wrong - 30th May 2023

In August 2021, the Fox Corp. board of directors gathered in Los Angeles. Among the topics on the agenda: Dominion Voting Systems’ $US1.6 billion ($2.5 billion) defamation lawsuit against its cable news network, Fox News.

The suit posed a threat to the company’s finances and reputation. But Fox’s chief legal officer, Viet Dinh, reassured the board: Even if the company lost at trial, it would ultimately prevail. The First Amendment was on Fox’s side, he explained, even if proving so could require going to the Supreme Court.

That determination informed a series of missteps and miscalculations over the next 20 months, according to a New York Times review of court and business records, and interviews with roughly a dozen people directly involved in or briefed on the company’s decision-making.

The case resulted in one of the biggest legal and business debacles in the history of Rupert Murdoch’s media empire: an avalanche of embarrassing disclosures from internal messages released in court filings; the largest known settlement in a defamation suit, $US787.5 million; two shareholder lawsuits; and the benching of Fox’s top prime-time star, Tucker Carlson.

And for all of that, Fox still faces a lawsuit seeking even more in damages, $US2.7 billion, filed by another subject of the stolen election theory, voting software company Smartmatic.

Caught flat-footed

Repeatedly, Fox executives overlooked warning signs about the damage they and their network would sustain, the Times found. They also failed to recognise how far their cable news networks, Fox News and Fox Business, had strayed into defamatory territory by promoting President Donald Trump’s election conspiracy theories — the central issue in the case. (Fox maintains it did not defame Dominion.)

When pretrial rulings went against the company, Fox did not pursue a settlement in any real way. Executives were then caught flat-footed as Dominion’s court filings included internal Fox messages that made clear how the company chased a Trump-loving audience that preferred his election lies to the truth.

It was only in February that Murdoch and his son with whom he runs the company, Lachlan Murdoch, began seriously considering settling. Yet they made no major attempt to do so until the eve of the trial in April, after still more damaging public disclosures.

At the centre of the action was Dinh and his overly rosy scenario.

Dinh, a high-level Justice Department official under President George W. Bush, declined several requests for comment, and the company declined to respond to questions about his performance or his legal decisions. “Discussions of specific legal strategy are privileged and confidential,” a company representative said in a statement.

The second half of 2020 brought Fox News to a crisis point. The Fox audience had come to expect favourable news about Trump. But Fox could not provide that on election night, when its decision desk team was first to declare that Trump had lost the critical state of Arizona.

In the days after, Trump’s fans switched off in droves.

The Fox host who was the first to find a way to draw the audience back was Maria Bartiromo. Five days after the election, she invited a guest, Trump-aligned lawyer Sidney Powell, to share details about the false accusations that Dominion, an elections technology company, had switched votes from Trump to Joe Biden.

Soon, wild claims about Dominion appeared elsewhere on Fox, including references to the election company’s supposed (but imagined) ties to the Smartmatic election software company; Hugo Chávez, the Venezuelan dictator who died in 2013; George Soros, the billionaire investor and Democratic donor; and China.

‘Fox News did its job, and this is what the First Amendment protects. I’m not at all concerned about such lawsuits, real or imagined.’

Fox’s chief legal officer Viet Dinh

On November 12, a Dominion spokesperson complained to Fox News Media chief executive Suzanne Scott and Fox News Media executive editor Jay Wallace, begging them to make it stop. “We really weren’t thinking about building a litigation record as much as we were trying to stop the bleeding,” said Thomas A. Clare, one of Dominion’s lawyers.

As Fox noted in its court papers, its hosts did begin including company denials. But as they continued to give oxygen to the false allegations, Dominion sent a letter to Fox News general counsel Lily Fu Claffee, demanding that Fox cease and correct the record. “Dominion is prepared to do what is necessary to protect its reputation and the safety of its employees,” the letter warned.

Fox, however, did not respond to the Dominion letter or comply with its requests — now a key issue in a shareholder suit filed in April, which maintains that doing so would have “materially mitigated” Fox’s legal exposure.

Three months after the election, another voting technology company tied to the Dominion conspiracy, Smartmatic, filed its own defamation suit against Fox, seeking $US2.7 billion in damages. Dominion told reporters that it was preparing to file one, too.

Dinh was publicly dismissive.

“The newsworthy nature of the contested presidential election deserved full and fair coverage from all journalists. Fox News did its job, and this is what the First Amendment protects,” Dinh said at the time. “I’m not at all concerned about such lawsuits, real or imagined.”

The Fox legal team based much of the defence on a doctrine known as the neutral reportage privilege. It holds that news organisations cannot be held financially liable for damages when reporting on false allegations made by major public figures as long as they don’t embrace or endorse them.

An early warning came in late 2021. The judge in the case, Eric M. Davis, rejected Fox’s attempt to use the neutral reportage defence to get the suit thrown out, determining that it was not recognised under New York law, which he was applying to the case. Even if it was recognised, Fox would have to show it reported on the allegations “accurately and dispassionately”, and Dominion had made a strong argument that Fox’s reporting was neither, the judge wrote in a ruling.

That ruling meant that Dominion could have access to Fox’s internal communications in discovery.

That was a natural time to settle. But Fox stuck with its defence and its plan.

Treasure trove

At nearly every step, the court overruled Fox’s attempts to limit Dominion’s access to private communications exchanged among hosts, producers and executives. The biggest blow came mid-last year, after a ruling stating that Dominion could review messages from the personal phones of Fox employees, including both Murdochs.

The result was a treasure trove of evidence for Dominion: text messages and emails that revealed the doubts that Rupert Murdoch had about the coverage airing on his network, and assertions by many inside Fox, including Carlson, that fraud could not have made a material difference in the election.

The messages led to even more damaging revelations during depositions. After Dominion’s lawyers confronted Rupert Murdoch with his own messages showing he knew Trump’s stolen election claims were false, he admitted that some Fox hosts appeared to have endorsed stolen election claims.

During Carlson’s deposition last year, Dominion’s lawyers asked about his use of a crude word to describe women — including a ranking Fox executive. They also mentioned a text in which he discussed watching a group of men, who he said were Trump supporters, attack “an Antifa kid”. He lamented in the text, “It’s not how white men fight,” and shared a momentary wish that the group would kill the person. He then said he regretted that instinct.

There is no indication that Carlson’s texts tripped alarms at the top of Fox at that point.

The alarms rang in February, when reams of other internal Fox communications became public. The public’s reaction was so negative that some people at the company believed that a jury could award Dominion more than $US1 billion. Yet the company made no serious bid to settle.

All along, the Fox board had been taking a wait-and-see approach.

But the judge’s pretrial decisions began to change the board’s thinking. Also, in those final days before the trial, Fox was hit with new lawsuits. One, from former Fox producer Abby Grossberg, accused Carlson of promoting a hostile work environment. Another, filed by a shareholder, accused the Murdochs and several directors of failing to stop the practices that made Fox vulnerable to legal claims.

The weekend before the trial was to begin, the board asked Fox to see the internal Fox communications that were not yet public but that could still come out in the courtroom.

The board learned for the first time of the Carlson text that referred to “how white men fight”. Dinh did not know about the message until that weekend, according to two people familiar with the matter.

By the time the board learned of the message, the Murdochs had already determined that a trial loss could be far more damaging than they were initially told to expect. A substantial jury award could weigh on the company’s stock for years as the appeals process played out.

“The distraction to our company, the distraction to our growth plans — our management — would have been extraordinarily costly, which is why we decided to settle,” Lachlan Murdoch said at an investment conference this month.

The text also helped lead to the Murdochs’ decision to abruptly pull Carlson off the air. Their view had hardened that their top-rated star wasn’t worth all the downsides he brought with him.

Still pending is the Smartmatic suit. In April, Fox agreed to hand over additional internal documents relating to several executives, including the Murdochs and Dinh. In a statement reminiscent of Dinh’s early view of the Dominion case, the network said that Fox was protected by the First Amendment.

“We will be ready to defend this case surrounding extremely newsworthy events when it goes to trial, likely in 2025,” the statement said.

News

Lachlan Murdoch explains $1.2b settlement, says Fox News won’t change ‘successful strategy’ - 10th May 2023

Fox News paid $US787 million ($1.16 billion) to settle a recent lawsuit on its reporting after the 2020 election to avoid a divisive trial and lengthy appeals process, its parent company’s chief executive said.

Lachlan Murdoch, executive chairman and CEO of Fox Corp., also noted that a Delaware judge “severely limited” Fox’s defences against Dominion Voting Systems, which said the network defamed it by airing bogus charges of election fraud that it knew was untrue.

Fox Corp announced that it had lost $US50 million the previous three months, which it attributed to the lawsuit settlement. Murdoch, who answered questions from financial analysts, was speaking in public for the first time since the case ended and Fox fired its most popular anchor, Tucker Carlson. Carlson has just announced he is launching a new show on Twitter.

Murdoch said viewers, and investors, should expect no change in direction from Fox News.

“We made the business decision to resolve this dispute and avoid the acrimony of a divisive trial and multi-year appeal process, a decision clearly in the best interests of the company and its shareholders,” he said.

Fox still believes it was properly exercising its First Amendment rights to report on newsworthy fraud allegations made by former President Donald Trump, even though that defence was shot down in a pre-trial court ruling in the Dominion case, Murdoch said.

That’s important, since Murdoch said Fox intends to use the same defence against a similar lawsuit by another elections technology company, Smartmatic. That case is not expected to go to trial until at least 2025, he said.

Despite being asked directly about Carlson’s exit, Murdoch didn’t mention the former prime-time host’s name and referred to his reign obliquely. Fox has not explained why it cut ties with Carlson.

“There’s no change in programming strategy at Fox News,” he said. “It’s obviously a successful strategy. As always, we are adjusting our programming and our lineup and that’s what we continue to do.”

Although hurt by the Carlson exit, Fox News remains the leading cable news network.

Fox has lost viewers following Carlson’s firing. Last week’s substitute host, Lawrence Jones, reached between 1.28 million and 1.7 million last week in a time slot where Carlson usually drew around 3 million, the Nielsen company said.

Yet Fox has gained more than 40 new advertisers in that hour, the network said, confirming a report in Variety. Advertisers like Gillette, Scott’s Miracle Gro and Secret deodorant that had considered Carlson’s show a toxic environment have signed on.

(AP)


News

Jesse Armstrong on the roots of Succession: ‘Would it have landed the same way without the mad bum-rush of Trump’s presidency?’ - 27th May 2023

It has been the TV drama of our time – a brutal, hilarious unpicking of how power works. As the series comes to an end, its creator looks back at its origin and the unholy trinity of men who helped inspire Logan Roy

My first vivid memory of the project that would develop into Succession was trying to get out of it. It was about 2008 and I was on location for the filming of Peep Show, the UK sitcom my longtime writing partner Sam Bain and I wrote together. Between that show and my work on The Thick of It and In the Loop, and a bunch of other things, I was feeling overcommitted. That particular day we were pretending a very normal field in Hertfordshire was a safari park. I sloped off from set and, hiding from imaginary lions, tried to elegantly step away from the project.

I failed. And in the following months as I wrote, slowly, I became certain the script was a dud. It was stodgy and odd. The original idea, a faux-documentary laying out Rupert Murdoch’s business secrets, with them delivered straight to camera, evolved as I worked into a sort of TV play, set at the media owner’s 80th birthday party. Channel 4 were supportive, but it was an odd form, this docudrama/TV-play, and difficult to make happen. Around 2011, after a read-through in London where John Hurt played Rupert, the project essentially died.

My US agent was the first person I recall suggesting a totally different approach. A fictional family, a multi-series US show. For five years or so, I dismissed the idea, certain that a portrayal of a fictional family would never have the power of a real one. Four works changed my mind: HBO’s excellent Robert Durst documentary, The Jinx; Sumner Redstone’s grimly business-focused autobiography, A Passion to Win; James B Stewart’s propulsive DisneyWar; and Tom Bower’s fascinating Robert Maxwell biography Maxwell: The Final Verdict. These turned the idea of doing a media-family drama without a singular real-life model from a terrible betrayal of reality into a tantalising chance to harvest all the best stories. Here was an opportunity to explore all the most fascinating family dynamics within a propitiously balanced fictional hybrid media conglomerate. I took a long, deep dive into rich-family and media-business research.

I talked about this, as-yet-unwritten, idea in half-ironised terms as ‘Festen-meets-Dallas’

When Sam and I decided to bring things to a close on Peep Show, I flew out to pitch this media show around LA. I had a clear idea of where I wanted to develop it, but my agent persuaded me appetites would be whetted if we had a number of potential homes. So I spent three days doing a round of pitch meetings where I talked about this as-yet-unwritten idea in half-ironised terms as “Festen-meets-Dallas”. No stars, Dogme 95 camerawork. Scared of driving on the five-lane highways, I bumped around town in the back of a Honda Civic while a nice young man from my US agent’s mailroom ferried me between rooms stocked with identical tiny bottles of water and executives of vastly varying degrees of interest.

Eventually, I got to HBO, the place I most wanted the show to land, home to The Sopranos and Six Feet Under. I knew they might be receptive. Frank Rich – once known as the “Butcher of Broadway” for his theatre criticism, but now an in-house consigliere – had championed my work there to the boss, Richard Plepler, and I’d previously developed a show with them. So, out the back of a French-style bistro on a three-cappuccino high, I pitched it to their head of drama and comedy, Casey Bloys.

Sometimes a pitch stretches thin and threadbare, the fabric renting as you go, the other party peeping grimly through the holes. Other times, the air thickens, and you can feel the atmosphere in the room turn oxygen-rich as the enthusiasm you are trying to project transforms into an enthusiasm you are actually feeling.

By the time I left LA, HBO had made an offer and Adam McKay, fresh from The Big Short, had said he would be interested in directing. I’d written another Succession forerunner, a script about the US political strategist Lee Atwater, for Adam and his producing partner Kevin Messick. It had been one of the few LA experiences I’d had where the excitement expressed at the start of the project sustained through the writing and attempts to get it made.

This was 2016 and, once back in the UK, I wrote the pilot through the spring and summer in a one-room flat I rented on Brixton Hill, south London, walking across Brockwell Park each morning, listening to podcasts and reading news about the Brexit referendum. Scotland had recently voted by a narrow majority to stay inside the UK and the abiding sense right before the Brexit vote was, yeah, change looms, it glistens, menacingly, promisingly, but it doesn’t happen. Not really. Really, everything stays the same.

But then it did happen. And across the Atlantic, the Trump campaign was igniting – even if initially his candidacy felt like a slightly amusing, slightly too-vivid flash in the pan. Into early autumn, in fact, all serious people were still explaining to one another that Trump couldn’t happen. Although I suppose, looking back, there was a notable lack of detail in terms of the mechanism by which he would be stopped.

I think a lot of the better films and TV shows I’ve been involved with have at their heart a quite simple impulse around which the more subtle layers are spun. In the Loop’s spark was anger at the Iraq war. Chris Morris’s Four Lions I think was driven by his gut feeling that something was very wrong with the way we understood jihadi terrorism in the UK. Peep Show was about oddball male friendship, perhaps even “masculinity”.

I guess the simple things at the heart of Succession ended up being Brexit and Trump. The way the UK press had primed the EU debate for decades. The way the US media’s conservative outriders prepared the way for Trump, hovered at the brink of support and then dived in. The British press of Rothermere, Maxwell, Murdoch and the Barclay brothers, and the US news environment of Fox and Breitbart.

The Sun doesn’t run the UK, nor does Fox entirely set the media agenda in the US, but it was hard not to feel, at the time the show was coming together, the particular impact of one man, of one family, on the lives of so many. Rightwing populism was on the march across the globe. But in the fine margins of the Brexit vote and Trump’s eventual electoral college victory, one couldn’t help but think about the influence of the years of anti-EU stories and comment in the UK press, the years of Fox dancing with its audience, sometimes leading, sometimes following, as the wine got stronger, the music madder. It was politically alarming and creatively appealing: to imagine the mixture of business imperatives and political instinct that exist within a media operation; to consider what happens when something as important as the flow of information in a democracy hits the reductive brutality of the profit calculation inside such a company. How those elements might rebound emotionally and psychologically inside a family as it considered the question of corporate succession.

For Logan Roy, Murdoch, Redstone and Maxwell were my holy trinity of models. But Conrad Black, Brian L Roberts of Comcast, Robert Mercer of Breitbart, Julian Sinclair Smith of Sinclair, Tiny Rowland, Rothermere, Beaverbrook and Hearst all fed in. The three central models were wildly different, of course: the self-made refugee Maxwell and the already-rich Murdoch, a scion of Australian journalistic royalty, both so different from the tough Boston lawyer Redstone who started with a couple of his father’s drive-in cinemas.

But they were connected by a strong interest in a few things: a refusal to think about mortality (Redstone and Murdoch both used to make the same joke about their succession plan: not dying); desire for control; manic deal-making energy; love of gossip and power-connection; a certain ruthlessness about hirings and firings. And most of all, an instinct for forward motion, with a notable lack of introspection.

Perhaps the best part of Redstone’s autobiography for a casual reader is the opening, where he recounts clinging by one hand to a hotel balcony through a fire. Despite suffering third-degree burns over half his body, years of rehabilitation, excruciatingly painful skin grafts, he says this event, after which he made all his biggest business plays, had no impact whatsoever on the trajectory of his life.

Whether due to all this grist, or the aligning of the political planets (in)auspiciously, the pilot came unnervingly easily. Getting names in a script to feel real can be hard for me – they’re a tell-tale sign of whether I’m living inside it. Kendall, Shiv, Roman, Connor. They all felt right straight off the bat. Their inspirations, I suppose, were the children of these magnates: three of the Maxwell kids, the ones closest to the business (the boys, Ian and Kevin) and to their father (Ghislaine). Brent and Shari Redstone, with whom Sumner played a tough and complicated game of bait-and-switch over CBS-Paramount succession. And the Murdoch children, Prudence, Lachlan, James, Elisabeth, Chloe and Grace.

But getting those names for the Roy children made them feel like their own individuals to me. It allowed me to pour in just what I wanted from the real world, fill each with all the faults they might have inherited, while giving me room to add some extra, just for them.

Greg and Tom came fast, too. Tom from two roots. One was thinking about the sort of lunks I’ve occasionally seen powerful women choose as partners. Plausible, manly men with big watches and a soothing affable manner. That mixed with the deadly courtier, a more 18th-century figure, minutely attuned to shifts in power and influence, an invisible deadly gas that occurs in certain confined places and rises to kill anyone unwise enough not to take precautions. A hanger-on sustained by some Fitzgeraldian illusions about the world, a sense that perhaps the rich really are different from us and a romantic ambition to make it in New York City.

Greg, I guess, was a distant relative of the sort of political adviser I had myself briefly been. Gormless, clueless, out of place and gauche. But not without an eye for a deal. And, I hope, a little more wheedling and insinuating than I ever was.

The scenes flowed. I put all research aside and followed my nose and wrote pretty much exactly what I wanted

The charge between these two semi-outsiders struck me from the start as toxic and comic. Tom, the interloper, is like an organism that has found a precarious but rewarding perch above some deep oceanic vent and adapted itself to conditions perfectly. He is not pleased at all to see a similar creature scuttling along hoping to share the same cramped evolutionary niche. That first half-bullying, half-provocative exchange they share in the outfield at a softball game in the pilot landed them right in the middle of a stew they’ve been cooking in ever since.

The scenes flowed. I had eaten a very large amount of research, but once I was writing I put it all aside and followed my nose and wrote pretty much exactly what I wanted. It felt funny but odd and broken-ended, fragmentary, abrupt, oblique and slightly brutal. When I emailed it off, I had the familiar feeling that Adam, Frank and HBO might email back to say not only was it not good, it wasn’t even actually, technically, a script. But their response was frighteningly positive. Almost as though the script was finished, after what was, I thought, a quick first draft. I think every other episode of Succession has gone to at least 30 drafts – usually 50. The pilot barely hit 15.

We had our read-through in New York on US election day 2016. Before we started, I made the sort of joke lots of people made that day, assuming the polls were right and Hillary Clinton was going to squeeze it. That night we gathered in Adam McKay’s apartment to watch the results roll in. Much later, I walked a long walk back from Soho to where I was staying near the United Nations looking at the electoral college numbers projected on to the Empire State Building.

We started filming the next day.

I still wonder whether Succession would have landed in the same way without the mad bum-rush of news and sensation Trump’s chaotic presidency provided. Trump wasn’t the firebombing of German civilians, and nor is Succession Slaughterhouse-Five, but I do sometimes think about Vonnegut saying no one in the world profited from the firebombing of Dresden, except himself.

This is an edited extract from Succession: The Complete Scripts – Seasons One, Two and Three (Faber & Faber), out now at £20 each. To support the Guardian and Observer, order your copies for £17.60 each from guardianbookshop.com.

The final episode of Succession airs in the UK on Sky Atlantic/Now on Monday. Jesse Armstrong donated the fee for this article to the Writers Guild of America strike assistance fund.


News

LIV Golf announces new pay-per-view option - 26th May 2023

"The hope for LIV is to grow off the success first seen on YouTube in 2022, where the league attracted tournament audiences of several hundred-thousand views in the U.S. and abroad."

Going forward, LIV Golf Series events will be available via a pay-per-view option on YouTube.

The new deal was detailed by James Colgan of Golf.com.

“Less than six months after signing a media rights agreement with the CW, LIV announced Friday that it has created a new, pay-per-view broadcast option to run on YouTube,” Colgan reported. “The PPV broadcast will cost $3 per tournament day, LIV said in a release announcing the decision, and will run in addition to the league’s agreement with the CW.”

Colgan also detailed that “A LIV source indicated that the CW is aware of the decision to introduce a pay-per-view model, and that the decision does not violate any of the league’s preexisting broadcast agreements.”

“The hope for LIV is to grow off the success first seen on YouTube in 2022, where the league attracted tournament audiences of several hundred-thousand views in the U.S. and abroad. The league already has its own direct-to-consumer subscription platform, LIV Golf Plus, which the PPV channel will run counter to. LIV broadcasts will continue to be streamed for free on the CW app.”

This announcement comes less than two weeks after a rather embarrassing moment for the tour. One week before LIV’s Brooks Koepka triumphed at the PGA Championship, the Saudi-backed golf series was in Tulsa.

On one hand, it was a perfect showcase event for LIV. Two of its most high-profile players, Dustin Johnson and Cam Smith, went to a three-way playoff (along with Branden Grace). But most of the people watching did not get to see Johnson’s eventual triumph.

The CW, the league’s primary broadcast partner, went away from coverage in the vast majority of its markets, showing “regularly scheduled programming.” Jim Nantz was quick to make a joke at LIV’s expense on the matter at the PGA Championship. The CW also announced a change, saying that all events will be shown to their conclusions going forward.

[Golf.com]

News

WWE Night Of Champions Reportedly Earned Highest Viewership Of Any Saudi Arabia Show - 31st May 2023

According to a report from Fightful Select, Saturday's Night of Champions PLE scored WWE the highest viewership out of any of the company's Saudi Arabia events since the partnership between the two began in 2013. The report states that Night of Champions brought in an 18% increase in viewership compared to last year's Crown Jewel event, and the company is reportedly quite happy with its holiday weekend results.

Night of Champions was headlined by Kevin Owens and Sami Zayn successfully defending the Undisputed WWE Tag Team Championship against Roman Reigns and Solo Sikoa of The Bloodline, with a major angle taking place on the show that saw The Usos turn on Reigns after more than a year of build-up and tension.This marks the second time a tag team match has served as the main event of a major WWE show in recent months. Additional matches on the show included Seth Rollins vs. AJ Styles to decide the first WWE World Heavyweight Champion, a singles match between Becky Lynch and Trish Stratus, and a Backlash rematch pitting Brock Lesnar against Cody Rhodes, among others.

To date, WWE has held nine PPVs and PLEs in Saudi Arabia, along with three house shows. Back in 2019, WWE announced that they had "expanded their partnership" with Saudi Arabia, and that they would be hosting two major events per year in the Middle Eastern nation through at least 2027. Though it hasn't been announced yet, WWE will likely return to Saudi Arabia for another Crown Jewel event later this year.


News

Pat McAfee Comments On Empty Seats At AEW Double Or Nothing - 31st May 2023

All Elite Wrestling's Double or Nothing pay-per-view took place this past weekend at the T-Mobile Arena in Las Vegas, Nevada. During the event, Wrestlenomics' Brandon Thurston tweeted images of empty seats inside the venue. Wrestling Observer's Bryan Alvarez also posted a photo from his ringside position, which showed many unoccupied places behind Orange Cassidy after he retained the AEW International Championship in a Blackjack Battle Royal. Former "WWE SmackDown" commentator Pat McAfee has weighed in with his thoughts.

"Anytime you get a shot away from hard cam, you know what I mean, you can really see a lot of things," McAfee said on "The Pat McAfee Show." "AEW found out this weekend or whatever at one of their events, it's like three quarters of an arena completely empty. They don't want that photo out anywhere."

Ahead of the pay-per-view going live on Sunday night, WrestleTix revealed 10,229 tickets had been distributed for an 11,641 setup inside the T-Mobile Arena, leaving 1,412 tickets available. An Anarchy in the Arena match headlined the show, with Blackpool Combat Club's Bryan Danielson, Jon Moxley, reigning ROH World Champion Claudio Castagnoli, and Wheeler Yuta picking up the win in that bout against The Elite's Kenny Omega, Matt Jackson, Nick Jackson, and "Hangman" Adam Page.

AEW's next major standalone show, All In, which will take place on August 27 at Wembley Stadium in London, England, has currently sold over 65,000 tickets and has a gate of over $8 million. No matches have been announced for AEW's first event across the pond as of this writing. Ticket sales for All In have slowed following an initial surge.


News

WWE-UFC merged company to be called ‘TKO Group Holdings’ - 16th May 2023

A name has emerged for the group.

Coming out of WrestleMania, it was announced by Endeavor that an agreement had been reached with WWE and the company would be merging with UFC to form a new sports and entertainment company.

The deal has not been formally finalized but a name for the merged group has been revealed. CNBC’s Alex Sherman and Mike Calia published a story and an Endeavor spokesperson confirmed to the outlet that the new group is going to be called ‘TKO Group Holdings’.

It will trade under the New York Stock Exchange as ‘TKO’.

The merger between WWE and UFC is being valued at $20 billion. Endeavor CEO Ari Emanuel will be the CEO of TKO Group and Vince McMahon is going to serve as Executive Chairman.


News

Nick Khan Says WWE In Talks With International Cities For 2024 PLEs

It sounds as though WWE will continue expanding its PLEs into international markets next year. Speaking at the JP Morgan Global Technology, Media & Communications Conference, WWE CEO Nick Khan stated that the company was discussing the potential for additional overseas shows in 2024.

"We're in conversations now with a lot of international cities about doing 2024 shows there," Khan said. "Also, part of the intent is to match those up with our media rights, even if they're not up to over-deliver for incumbent partners who can then invite their partners in the international city to the event, and host them. It's good for our overall business." Khan's comments came as part of a conversation about countries offering subsidies to WWE for bringing shows there, as the company brings a great deal of revenue to the city for major events. Khan cited recent events in Puerto Rico as well as the Dallas, Texas area as examples.

Previous rumors pointed toward Australia as a potential location for a future international WWE PLE. However, it's unknown if negotiations with the country have progressed in the months since.

WWE has steadily ramped up its major international shows over the last five years, with the company holding several yearly events in Saudi Arabia, as well as last year's Clash at the Castle and the upcoming Money in the Bank both being held in the United Kingdom. It seems fans around the world should stay on the lookout for upcoming announcements regarding WWE's international schedule in 2024.

News

“We Let People Go”: Months After $21.4 Billion UFC-WWE Deal, Endeavor CEO Recalls “Horrible” Time for Organization - 2nd June 2023

The year 2020 brought unprecedented challenges for individuals and organizations alike, and the UFC was no exception. The promotional frontman Dana White has reflected on those uncertain times and shared the struggles the organization faced in keeping things going. Despite the pandemic, White was determined to keep the show running and provide entertainment for fight fans worldwide. While the rest of the world was shut down, the UFC managed to organize consistent events, albeit on a smaller scale. However, this arduous journey was not without its fair share of hardships.

Ari Emanuel, the CEO of Endeavor, the parent company of the UFC and William Morris Endeavor talent agency, revealed the significant challenges they encountered during the COVID-19 pandemic. Even though Endeavor recently secured a massive $21.4 billion deal to acquire the WWE, during the COVID-19 days, the company found itself at rock bottom struggling to stay afloat.

When Covid-19 posed a threat to the UFC

In an interview on the “Freakonomics Radio” podcast, Emanuel shared how the pandemic affected the company financially. During the interview, podcast host Stephen Dubner asked Emanuel, “Did you think COVID might kill Endeavor?”. Reflecting on this, the 62-year-old CEO replied, “It was bad,” He continued, “I’d never had to fire that many people.”

Emanuel mentioned that the continuation of UFC fights during the pandemic played a crucial role in saving the company, accounting for approximately 70% of their revenue that year. Further talking about the struggles to keep the organization alive during the pandemic, the Endeavor CEO stated, “We had our ESPN deal. We then started making deals for writers. So we stored all the cash. We didn’t let anything out. We let people go, which was horrible, or furloughed them.”

Through the storm, Endeavor’s leadership team, led by Emanuel, proved to be the lighthouse that guided them to safer shores. The UFC’s resilience and the implementation of innovative strategies, such as the ‘Fight Island’ events, not only salvaged the company but also became a beacon of hope for other professional sports leagues.

News

“Very, Very Easy for Jon Jones”: Ex-UFC Star Ruthlessly Shuts Down Tyson Fury Days After Boxer’s Callout of UFC Champ in Ugly Public Feud - 1st June 2023

The claim made by Joe Rogan that Tyson Fury would stand no chance against Jon Jones has sparked an intense and never-ending debate. Recently, another prominent figure from the UFC, the world of mixed martial arts, has jumped into this heated discussion. However, ‘The Gypsy King’ himself strongly opposed the take of the UFC commentator and didn’t hold back in expressing his views. In fact, he went as far as bashing Rogan and proudly proclaimed himself to be ‘the baddest man on the planet’.

As the back and forth continued between Fury and Rogan, UFC president Dana White has stepped in, proposing a potential fight between Fury and Jones. However, the WBC heavyweight champion firmly refused to step into the octagon, dismissing the idea altogether. This decision faced an immediate backlash from fans who had eagerly anticipated the materialization of this debate inside the fighting arena.

Despite the disappointment felt by fans, it becomes evident that the 34-year-old boxer has no intention of venturing into the octagon. On the contrary, a former UFC welterweight challenger believes that Fury would fare well in the realm of mixed martial arts. However, he warns that there may be unforeseen challenges along the way.

Tyson Fury will have a Jon Jones threat in MMA

During a recent interview, the former UFC fighter Dan Hardy shared his reflections on the latest happenings in the combat sports world, ranging from boxing to MMA. However, it was the Tyson Fury-Jon Jones debate that took center stage.

The 41-year-old Hardy began by heaping praise on ‘The Gypsy King’ for his potential in MMA, stating, “Tyson Fury doesn’t come from a boxing background. He comes from a fighting man background. Tyson Fury sees himself as a fighter first that boxes, and I think he looks at mixed martial arts and sees lots of ways he can capitalize on the changing of the rules.”

Continuing his analysis, Hardy mentioned Fury’s collaboration with Tom Aspinall and how he has showcased proficient elbows and knees in the videos shared with him. ‘The Outlaw’ confidently stated, “I feel like Tyson Fury would be really good if he crossed over to mixed martial arts. Of course, there’d be a lot for him to learn. The main issue would be, he’d be very, very easy for Jon Jones to take down. And I think that’s something that Tyson has not experienced and has not and has not really quite comprehended.”

Meanwhile, Jon Jones recently made a strong statement in his heavyweight debut, securing a first-round victory against Ciryl Gane at UFC 285 after returning from a three-year-long hiatus.

This certainly explains Dan Hardy’s warning to Tyson Fury. How do you think ‘The Gypsy King’ would fare in MMA?

News

Dwayne Johnson to Return as Luke Hobbs in New ‘Fast and Furious’ Standalone Film - 7th June 2023

Dwayne Johnson is returning to the “Fast and Furious” universe with a new standalone film, reprising his franchise role as Luke Hobbs.

Universal Pictures announced the project on Thursday. Longtime “Fast and Furious” collaborator Chris Morgan wrote the untitled film’s script. Plot details were not available, though individuals familiar with the deal said the new movie will bridge between the events of the just-released “Fast X” and the upcoming “Fast X: Part II,” which is expected in 2025. Johnson just appeared as Hobbs, a diplomatic security service agent, in a credits scene for “Fast X.”

Johnson will produce the film with Dany Garcia and Hiram Garcia for their Seven Bucks Productions, along with Vin Diesel and Samantha Vincent via their One Race Films. Additional producers include Chris Morgan for his Chris Morgan Productions, Jeff Kirschenbaum for Roth/Kirschenbaum Films and Neal Moritz for Original Film.

Screenwriter Morgan wrote and produced “Fast and Furious Presents: Hobbs & Shaw” and “The Fate of the Furious.” He’s also scripted and executive produced the fifth, sixth and seventh entries in the franchise. Directed by Louis Leterrier, “Fast X” opened at No. 1 around the world in May with $320 million and became the second-biggest global opening of 2023.

Johnson announced Hobbs’ return with a video posted to social media with the caption: “Your reactions around the world to Hobbs’ return in ‘Fast X’ have blown us away. The next ‘Fast & Furious’ film you’ll see the legendary lawman in will be the Hobbs movie that will serve as a fresh, new chapter & set up for ‘Fast X: Part II.'”

“Last summer Vin Diesel and I put all the past behind us,” Johnson added. “We’ll lead with brotherhood and resolve – and always take care of the franchise, characters & fans that we love. I’ve built my career on an ‘audience first’ mentality and that will always serve as my north star.”

Johnson is repped by WME, lawyers Gang, Tyre, Ramer, Brown & Passman, Inc. and The Lede Company.

Seven Bucks has co-produced films like Disney’s “Jungle Cruise” and the DC Studios entires “Black Adam” and “DC League of Super-Pets.” Original series include NBC’s “Young Rock” and “The Titan Games.” Johnson will next produce and star in “Red One” at Amazon Studios and Disney’s live-action “Moana.”

News

13 States Comment On Possibility Of Allowing Gambling On WWE Matches

In March 2023, CNBC reported that WWE was working toward legalizing gambling on wrestling matches, enlisting the services of accounting firm Ernst & Young, with Michigan, Colorado, and Indiana mentioned as the initial targets. As of now, betting on WWE matches is only available at offshore sportsbooks like BetOnline.ag, based out of Antigua, and Bovada, based out of Latvia. Betting on matches in America would open up new streams of revenue for WWE and add some mainstream legitimacy to the sports entertainment powerhouse.

Since that report broke, however, it's been nothing bad news for WWE in the gambling department. Dave Meltzer has reported that WWE's efforts aren't going well — Colorado denied talking to WWE and said that "By statute, wagers on events with fixed or predicted outcomes ... are strictly prohibited in Colorado." Indiana told Casino.org that it had "no interest in approving wagering on scripted events," and Michigan also denied any recent talks with WWE, while New Hampshire Lottery Commission executive director Charlie McIntyre deemed it "very unlikely" betting on WWE gets approved in New Hampshire.

In light of this, Wrestling Inc. reached out to multiple states about the possibility of legalized betting on WWE matches. Each gambling commission was asked 1) how likely WWE would be to succeed if they pitched gambling on matches to them, and 2) if there were any regulations, laws, or statutes that barred betting on something with predetermined outcomes. 13 states -– Arizona, Connecticut, Iowa, Maine, Maryland, Massachusetts, Montana, New Jersey, New Mexico, Ohio, Oregon, South Dakota, and Washington -– responded. While their responses varied slightly, overall, they paint a picture of increasingly fewer opportunities, and increasingly more obstacles, for legal gambling on WWE matches to get approved.

At least three states say they wouldn't allow gambling on WWE as a matter of policy, even if there are no explicit laws against it.

Kerry Hemphill, Manager of Sports Betting Product at the Oregon Lottery, made it clear that gambling on WWE wouldn't be allowed as a matter of policy in the Beaver State: "Although there is no law or statute that forbids it, Oregon Lottery sports betting policy is to not accept wagers on scripted events with predicted outcomes."

Seth Elkin, Assistant Director of Communications for Public Affairs for Maryland Lottery and Gaming, also told us his state had made a determination on the matter. "Maryland's sports wagering law and regulations prohibit forms of wagering that are contrary to public policy or unfair to bettors," he said. "We've determined that it is unfair to bettors, and therefore not in the public's interest, to accept wagers on sports entertainment events that have predetermined outcomes, like professional wrestling."

Meanwhile, a representative from the South Dakota Department of Revenue simply said, "WWE wrestling matches would not be eligible for sports wagering in South Dakota."

Iowa and Ohio say no to betting on predetermined events

Two more states said that predetermined events weren't permitted, but made a point to highlight policy and procedure. Brian J. Ohorilko, Administrator of the Iowa Racing and Gaming Commission, also shot down gambling on wrestling for the time being.

"Predetermined events are not permitted in the State of Iowa," he told Wrestling Inc. "Iowa law defines and permits professional sporting events and sports-related events; however, fixed or predetermined outcomes are not explicitly permitted. As such, and for other integrity concerns, the commission has not permitted predetermined events in any of the approved wagering markets."

Ohorilko also brought up the process that would be required for any kind of legalization: "From a practical standpoint, any request would need to come with a legal opinion as to how this would be permitted under Iowa law," he said. "It would need to go through legal review with consultation from the AG office. If legal review passes, the commission would still need to review policy and integrity concerns with respect to the activity having predetermined outcomes. Approval would be needed before this type of wagering activity could take place."

Ohio tells a similar story. Jessica Franks, Director of Communications for the Ohio Casino Control Commission, pointed us towards Rule 3775-11-01 of the Ohio Administrative Code — the process for adding to Ohio's catalog of wagers and events. She said the Commission's review of such requests includes, but is not limited to, the following criteria:

The quality of the governing body's documented integrity program.

The general availability of information related to the governing body.

The professional or skill level status of athletes.

The history of integrity related to events sanctioned by the governing body.

This already puts the WWE in shaky territory, but it's seemingly locked out for good with the following consideration: "Please note that the Commission will not approve requests for wagers/events involving 'Events which are pre-recorded or in which the outcome has been otherwise previously determined.'"

Arizona and Connecticut have laws against betting on fixed outcomes

At least two states have laws in place that would ban gambling on WWE matches.

Max Hartgraves, Public Information Officer at the Arizona Department of Gaming, provided a straightforward statement: "Arizona statute prohibits gambling on fixed events."

Meanwhile, when asked how likely WWE would be to garner approval for gambling on matches, Kaitlyn Krasselt, Communications Director at Connecticut Department of Consumer Protections, said "I cannot speculate on that." That said, she did inform Wrestling Inc. about state regulations on gambling: "Connecticut law only allows wagering on sporting or athletic events. WWE is sports entertainment. The 'matches' are predetermined by the company and are scripted. There is no regulation body for professional wrestling, and WWE is one of several companies that offers this type of entertainment. With a predetermined outcome, this would not be considered a sport. It is considered entertainment. Wagering on the Oscars, for example, is also not permitted in Connecticut."

That last part is significant, since CNBC's report mentioned that WWE executives were using Oscar betting as an example for regulators.

Maine and Montana agree with most of their colleagues

Two states specifically cited the statements from Colorado, Indiana, Michigan, and New Hampshire in their responses. After hearing that four other states had expressed skepticism over betting on WWE, Maine Gambling Control Unit Executive Director Milton Champion said, "On the surface, without looking into the matter, I would concur with my colleagues. Operators will submit with their application events that they want to take wagers on, and I shall approve them."

Daniel Iverson, Content Manager for the Montana Lottery, said something similar. "Montana does not intend to add WWE markets, for the same reasons our counterparts cited," he advised, before directing any questions on state law to the Montana Department of Justice Gambling Control Division.

New Jersey and Massachusetts punted, for now

Two states we contacted declined to comment on the matter, not wanting to address issues that haven't come before them yet. Thomas Mills, Communications Division Chief of the Massachusetts Gaming Commission, said, "I appreciate your question, but am unable to speculate on a hypothetical action the Commission may or may not take."

Dan Prochilo, Public Information Officer at the New Jersey Attorney General's Office, responded that "The Division of Gaming Enforcement (DGE) cannot comment on any hypothetical discussion with an operator or league about future sports betting opportunities." He added that "In New Jersey, an entity seeking permission for a contest to be authorized for wagering on a sports event is required to submit its proposal to DGE for evaluation and approval pursuant to state law and regulations."

Prochilo also provided the state's legal definition of a "sports event" for the purposes of gambling. Notably, it includes the phrase "A 'sports event' shall include any live competition or talent contest, including awards competitions[.]"

New Jersey and Massachusetts are two of the only states that allow betting on the Oscars, with New Jersey okaying it in 2019 (the first state to do so) and Massachusetts greenlighting it in 2023. It's unknown if WWE will approach either state or how each state would respond, but at bare minimum, WWE's argument to treat wrestling like the Oscars for betting purposes might carry some weight.

Washington and New Mexico illustrate the challenges of Tribal gaming

Washington is unique among the states who responded to us, in that sports wagering is only available on Tribal lands yet still regulated by the state. Sports wagering was legalized, subject to terms of Tribal/State Compacts, on Tribal lands in 2020. All wagering, even online betting, must take place on Tribal lands, and each casino decides bets within certain limitations. The Angel of the Winds Casino and Resort and the ilani Casino Resort, for example, don't 100% overlap on sports offered for betting.

But WWE, or any wrestling, won't be joining those offering under current rules and regulations. Dan Wegenast, Agent In Charge for the Tribal Gaming Unit of the Washington State Gambling Commission, pointed Wrestling Inc. towards the Tribal/State Compacts for sports wagering. He also stated that "Washington State law and the Tribal/State Compacts for sports wagering ... prohibit wagers on events with known outcomes."

To further illustrate the complications of garnering approval for gaming on Tribal lands, a representative from the New Mexican Gaming Control Board told Wrestling Inc. that sports betting is illegal in their state, but legal with some Tribes. That said, New Mexico does not regulate Tribal gaming, meaning that approval would likely have to be worked out with each Tribe individually.

There are other obstacles, too

It's worth noting that gambling laws are constantly changing. Many states without gambling –- such as North Carolina -– have spent years hammering out legislation that would approve gambling off Tribal lands. Additionally, for states with legalized gambling, internal policies are not inherently laws, and can be subject to change under the right circumstances.

That said, even if WWE manages to get gambling on matches approved anywhere, that's only one part of the battle: They still need casinos and/or sportsbooks to be willing to accept wagers at all, and there's resistance in this field, as well, as demonstrated in subsequent coverage from CNBC. FanDuel deems it unlikely that they'd ever accept bets on WWE, noting that the Academy Awards –- which held once per year -– are vastly different than dealing with WWE's weekly programming. Additionally, when BetCEO Adam Greenblatt was asked if he had any interesting in accepting bets on WWE, he responded "NFW."

Between the overwhelming majority opinions of the 13 states who responded to Wrestling Inc., the states that have already responded, and the reluctance of sportsbooks to include anything that looks less than credible, WWE faces an increasingly uphill battle if they want to make betting on wrestling matches legal anywhere in the United States.

 

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