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Florida approves new gambling facility in Miami

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Florida approves new gambling facility in MiamiReading Time: 2 minutes

The Florida authorities have approved a gambling facility for jai-alai and poker based in Miami. The facility will start functioning in Edgewater, near downtown Miami, within the next two years.

The new “summer jai-alai” permit is a victory for West Flagler, which had sought permission for another facility and won a court case last year reinstating its application for a second jai-alai permit using a loophole in state law, the West Flagler.

The state Division of Pari-Mutuel Wagering, part of the Department of Business and Professional Regulation that oversees gambling, approved the permit to build and run a facility at 3030 Biscayne Blvd. in Edgewater. The company, which is run by the Havenick family, already operates Magic City Casino southeast of Miami International Airport and Naples-Fort Myers Greyhound Racing & Poker in Bonita Springs.

“We’ve just been waiting for a year and a half for the state to decide what to do,” West Flagler vice president Isadore Havenick said of the second permit. “We see it as just another entertainment offering in the Miami area.”

The Edgewater project, which does not yet have a name, would join other new facilities in South Florida expanding jai-alai, a sport that was common until the early 1980s but has faded since in popularity. Magic City Casino, its sister facility southeast of Miami International Airport, is phasing out dog racing for jai-alai even as it continues to operate slot machines. The owner of Hialeah Park also recently opened Kings Court Key, a Florida City complex also offering jai-alai and poker.

The so called “summer jai-alai” permit allows gambling on jai-alai games only from May through November, and the company can begin hosting poker games after the first jai-alai game is played. In the winter season when games are not allowed, the facility will house improve comedy performances and concerts for local bands, Havenick said. The facility is also expected to include a restaurant and hire 300 to 500 people.

West Flagler is also nearing an agreement to rent the 50,000-square-foot property off Biscayne Boulevard from the development firm Crescent Heights to build the fronton and a card room for games.

Because West Flagler does not intend to operate slot machines at the Edgewater site, the facility’s permit would not be affected by a requirement that the Legislature approve any new casinos or a constitutional amendment on the ballot this November that would shift approval for expanding casino gambling to voters. The amendment could affect what kinds of poker games are played on site.

Both of West Flagler’s permits have been the subject of litigation, in part because of Florida’s convoluted gambling laws.

The company received a summer jai-alai permit in 2011 after its attorney John Lockwood used a loophole in a Florida statute that grants a summer permit to the lowest-performing pari-mutuel facility in a county. West Flagler also successfully argued for a second permit when an appeals court agreed that a rule allowing one permit every two years should be evaluated on a rolling basis.

Lockwood acknowledged that the interpretation of the statute has played an outsized role in expanding opportunities for the industry in the region.

 “The statute and the court’s interpretation has definitely started to shape the face” of gaming in South Florida, Lockwood said. “It’s been very important to this industry.”

 

Source: Yogonet.com


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Integration of EGT Global Jackpot with Winbet and Club King Marks Great Success

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Integration of EGT Global Jackpot with Winbet and Club King Marks Great SuccessReading Time: 1 minute

 

The EGT Global Jackpot’s integration with Winbet and Club King has achieved success through offering entertainment and winnings for both operators and players.

The operators’ success and players’ entertainment are always the core objectives of EGT sales, development and production teams. When innovation joins these approaches, EGT solutions are the reliable choices for winning businesses.

EGT supports the operators to make proposals to its customers they couldn’t refuse, with the integration of the EGT Global Jackpot into their gaming halls. Global Jackpot is developed to connect all slot machines and any type of roulette from all locations of operators across the country. Thus, the total bet generates the possibility of higher winnings compared to those offered by the local jackpots.

At Winbet, the Global Jackpot has been functional since March this year and has brought multiple winnings to the luckiest players. Recently, Club King has also integrated the Global Jackpot in favour of top entertainment and winnings for both operators and players.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Integration of EGT Global Jackpot with Winbet and Club King Marks Great Success

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New York State Lottery Reports Record Revenues for the 2018 Fiscal Year

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New York State Lottery Reports Record Revenues for the 2018 Fiscal YearReading Time: 1 minute

 

The New York Lottery has recorded $8.2 billion in sales for the state fiscal year that ended in March 31, 2019. That includes sales from Powerball, Jackpot, Mega Millions, Scratch Off, Quick Draw and other games, plus revenues generated by the state’s licensed video lottery locations.

The video lottery net win for the 2018-2019 fiscal year was $2.08 billion, third largest in the world behind two Italian lottery operators. The combined sales and net win earnings for the last fiscal year are a new record for the New York Lottery. The New York Lottery generated $3.47 billion in aid designated to support the state’s schools.

The lottery revenues are distributed to school districts according to the same formula used for state aid. A larger, poorer district will receive a higher percentage than a smaller, more affluent one. Lottery contributions account for 13% of all state aid to education for 2018-2019.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: New York State Lottery Reports Record Revenues for the 2018 Fiscal Year

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Spillemyndigheden Introduces Whistleblower Scheme

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Spillemyndigheden Introduces Whistleblower SchemeReading Time: 1 minute

 

Spillemyndigheden, the Danish industry regulator, has launched a new whistleblower scheme for the employees of gambling operators who wish to report evidence of money laundering.

Spillemyndigheden has detailed that employees can report a company’s violation or potential violation of the anti-money laundering legislation to the regulator via a dedicated, anonymous contact form which will then trigger a legal investigation. All submissions will be encrypted to ensure that submissions are secure.

In April, Spillemyndigheden has blocked access to 25 gambling websites after petitioning the country’s telecommunications providers. Danish internet providers have now been obliged to block access to ten igaming sites, in addition to 15 skin betting websites.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Spillemyndigheden Introduces Whistleblower Scheme

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