On March 18, 2010, Indiana Gov. Mitch Daniels signed the Possession of Firearms and Ammunition in Locked Vehicles Law. Indiana joins 12 other states with similar laws, most of which were passed in the last five years. Gaming employers who operate in any of these states should be aware of the legislation and ensure that their policies are in compliance.
Over the last 18 months, the offshore activities of United States taxpayers have been the subject of considerable attention, both in the media and from U.S. policymakers. On the heels of the UBS enforcement activity, the Internal Revenue Service (IRS) launched a voluntary disclosure program designed to encourage U.S. taxpayers to disclose offshore accounts that had not previously been disclosed.
With the industry on the verge of wide implementation of networked gaming, operators and manufacturers both are asking themselves a lot of questions about what will be demanded of them in the near future. One of the most important questions is “Do you speak G2S?”
This article will analyze the profitability of Macau’s VIP room contractors and provide an introduction to the existing regulations that govern the financial stability of VIP room contractors. It will also explore relevant regulations in Nevada, in the hope of identifying what lessons Macau might learn from this veteran gaming jurisdiction.
During the ragin’ battle over health care in the halls of Congress, senators and congressmen heeded Barack Obama’s call to enact a bill ostensibly aimed to encourage job growth along with watershed health care legislation. The tidewaters of March came, and Congress did not block up the hall. Congress enacted two bills, the HIRE Act and a package of health care legislation.
On Feb. 10, 2010, the Nevada Gaming Control Board (NGCB) issued a 12-page industry letter providing updates and additional clarification regarding the review and approval process of associated equipment. Unlike the manufacture of gaming devices, persons who manufacture associated equipment (with the exception of cashless wagering systems) are not required to mandatorily be licensed manufacturers in Nevada.
With more than 10 years of experience in Mexican wagering, the Corporación Interamericana de Entretenimiento (CIE) and its Admnistradora Mexicana del Hipódromo (AMH) division are not exactly newcomers to gaming, and the company’s roots in entertainment and status as the largest entertainment company in Latin America have given it more than a head-start in meeting the demands and expectations of discriminating casino patrons as it continues to grow its gaming operations.
By Dr. A. K. Singh, Andrew Cardno and Anjan Gewali
Author:
Dr. A. K. Singh, Andrew Cardno and Anjan Gewali
As we have shown in previous installments of this series, the house advantage, or hold, is a poor indicator of the players’ experience. This means that discussions about whether to “tighten” or “loosen” the floor should be taken with a proverbial grain of salt. Discussions about how the game play impacts the players’ experience are far more mathematically correct.
In Cumbie v. Woody Woo Inc., No. 08-35718 (Feb. 23, 2010), the Ninth Circuit Court of Appeals confirmed that the Fair Labor Standards Act (FLSA) allows employers that do not take a tip credit against the federal minimum wage to pool tips and allows all hourly employees—not just those who have in-person interaction with guests—to receive a portion of the “tip pool.”
This month, CEM’s The Gaming Life travels to the Midwest to visit Phil Trofibio, vice president of slot operations at Detroit’s MotorCity Casino Hotel. An avid runner and overenthusiastic golfer, Trofibio filled us in on what got him to the top, what kept him there, and why he loves IGT’s SMLD. Trofibio has been MotorCity’s VP of slot operations since 2003.