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(AsiaGameHub) -   In a recent interview with the Press of Atlantic City, New Jersey Governor Mikie Sherrill remained neutral on the Atlantic City casino smoking dispute, but called on legislators to resolve the issue promptly and bring the long-standing debate to a close. Governor Sherrill Calls on Legislature to Resolve the Issue Sherrill noted that while legal proceedings continue, lawmaking is the real solution. She added that she has received input from employees with differing views on the matter – those who support a smoking ban and those who oppose it due to business concerns. The governor emphasized that the focus must be on safeguarding employee wellbeing while maintaining employment and fostering ongoing economic development. A worker-led organization of casino employees known as Casino Employees Against Smoking Effects (CEASE) has long campaigned for all nine Atlantic City casinos to go smoke-free. Last year, the coalition even called on candidates for governor, Sherrill being o......

(AsiaGameHub) -   Mississippi is intensifying its initiatives to tackle gambling-related harm through new academic studies and legislative measures, designed to reshape the state's current betting practices and their social impacts. These developments are particularly crucial, since conventional harm prevention methods may now be insufficient. Young People Are Especially Vulnerable The University of Mississippi is launching a new research facility dedicated to studying gambling behaviors among university students. Sanctioned by the Mississippi Institutions of Higher Learning Board of Trustees, the Center on Collegiate Gambling is scheduled to commence operations later this year with an approximate budget of $700,000. Project researchers emphasize that fresh data is urgently required. Legal sports betting has grown swiftly throughout the United States, potentially putting young adults at heightened risk. With gambling platforms more accessible than ever, preliminary survey results from university......

(AsiaGameHub) -   Lottery operator Allwyn has announced the successful completion of its merger with Greek company OPAP. The company stated that this combination establishes it as "the second-largest listed lottery and gaming operator globally." Following this transaction, Allwyn is now officially listed on the Athens Stock Exchange. Allwyn Becomes the Second-Largest Listed Lottery Operator in the World In its official announcement, Allwyn confirmed that the planned business combination between Allwyn International and OPAP has been successfully finalized. The company highlighted that this merger unites two highly successful businesses, thereby expanding their already established long-standing partnership. Allwyn initially invested in OPAP back in 2013. Allwyn further elaborated that the combined entity, which will operate under the Allwyn name, is now a more robust business. It holds leading market positions across several key markets and is characterized by a highly diversified product portfol......

(AsiaGameHub) -   Gambling firm Codere is reportedly exploring the sale of its operations for an estimated $2.3 billion or more. This information was initially reported by the economy and finance publication Expansión. Codere Could Sell Its Business by August According to Expansión’s report, the Spanish gaming group is considering a potential sale of its business to another entity. Consequently, the company has engaged Macquarie Group, a prominent financial advisory firm, for its services. Expansión stated it was contacted by anonymous sources familiar with the situation. These individuals indicated that the sale remains in its preliminary stages. The sources mentioned that bids are anticipated by mid-May, with a potential binding offer expected in June. If this schedule holds, a final agreement could be reached by the end of August, the sources familiar with the matter suggested.   Expansión asserted that any prospective deal would also encompass Codere Online,......

(AsiaGameHub) -   Since 2019, Colorado has permitted online sports wagering, enabling residents to place bets from their homes or on the move. Furthermore, the Colorado Lottery recently transitioned to a digital platform to compete with the rising popularity of lottery courier services. However, state legislators are now moving to regulate the rapidly expanding gaming sector due to various responsible gambling concerns. Colorado Considers Prohibiting Player Prop Wagers The Colorado Senate recently approved two pieces of legislation that, if enacted, would place new restrictions on the state's lottery and gambling sectors. One bill aims to cap sports betting advertisements and outlaw controversial prop bets, while the other seeks to dismantle the state's digital lottery system. The first measure, Senate Bill 131, intends to regulate the sports wagering market by limiting television commercials, banning prop betting, and establishing mandatory deposit caps. Prop bets have faced significant crit......

(AsiaGameHub) -   Jennifer Orbock typically played the lottery only occasionally, but her luck changed dramatically. She purchased a $1 digital instant ticket on a whim and gave it little thought until she received the astonishing news – she had hit the jackpot, winning $707,600! The odds of winning the Alakazam level progressive jackpot for Magic Winnings are 1 in 64.5 million, which makes Orbock's victory even more remarkable. She promptly chose to collect her winnings immediately, selecting the lump-sum, after-tax amount of $509,543. In a lighthearted comment about her good fortune, Orbock informed the lottery that she always believed she possessed “jackpot DNA.” As an added bonus for her family, the Charlotte mother plans to take them to Disney World. “We are taking the kids to Disney,” she stated. In other lottery news, a couple from Melbourne, Australia, recently won headlines by securing a prize of approximately $840,000. This article is provided by a third-pa......

(AsiaGameHub) -   Reports indicate Codere is on the market with a valuation surpassing €2 billion (or $2.3 billion). Spanish newspaper Expansión stated on Wednesday that Codere has engaged Jefferies and Macquarie Capital as advisors to prepare the firm for a sale. According to the report, interested parties are expected to submit non-binding offers for Codere by mid-May, with a final purchase agreement to be finalized before the August summer break. Currently, Codere’s ownership is divided among roughly 84 investment funds. In 2024, Codere completed a recapitalization deal that cut its corporate debt from €1.4 billion to around €190 million. The company noted this would secure a “future of stability and growth” and enable it to pursue further expansion in LatAm and Europe. “With an optimal debt structure and greater liquidity, Codere is positioned to seize new expansion opportunities in its key markets, consolidating its leadership in the sector,”......

(AsiaGameHub) -   The Isle of Man is proposing changes to its gambling laws that would allow the regulator to issue civil penalties directly to senior executives for compliance failings. This represents a departure from the existing approach of only penalizing companies. The measure aims to increase personal responsibility for directors, compliance officers, and other key staff at gambling firms. The proposed Isle of Man Gambling Legislation (Amendment) Bill 2025 would give the regulator the power to fine individuals if violations happen with their consent, through their connivance, or due to their negligence. This step is part of the regulator's wider programme of reforms designed to tighten entry controls. It would also broaden investigative authority to keep pace with changing risks in the industry. The bill, guidance and consultation The Bill introduces new direction-making powers, permitting the gambling regulator to give formal written orders to licence and certificate holders......

(AsiaGameHub) -   Concerns that preventing smokers from gambling while they smoke have long maintained a strange loophole in America's ban on indoor public smoking. Casinos have continued to permit players to smoke cigarettes while gambling, harming the health of employees and other customers. Kansas Legislation Offers Hope to Health Advocates Seeking to End Indoor Smoking Exemption Discussion about ending this practice has been intense. Many casinos have been hesitant to take proactive action, worried that patrons would cease visiting. Some have implemented smoking bans without seeing their revenues drop. Kansas may now be considering following suit broadly, with new legislation – House Bill 2252 – poised to modify the Kansas Indoor Clean Air Act and ban smoking in casinos. Additionally, the amendment aims to prohibit electronic cigarettes and marijuana as well. Secondhand smoke has emerged as a significant problem nationwide, and advocacy groups argue there is no economic o......