The GI Newswire: 1 January 2024
Gambling Insider
Celebrating 15 years! ?? The essential B2B publication for the gaming industry.
The Gambling Insider team wishes you a happy, healthy and prosperous New Year!
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And if you want to catch up with what happened in the industry last week, you've come to the right place.
BGC urges casino reforms via David Williams column
The Betting and Gaming Council (BGC) has raised a call for reforms within the casino industry. The council emphasised urgency for the modernisation outlined in the Government's White Paper issued in April and urged swift action, highlighting the financial pressures faced by casinos. Addressing concerns of rising costs, the BGC highlighted the impending increase in the National Living Wage by 9.8% in April 2024. Read the full story here.
Other stories from Europe:
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Nevada sees record $1.37bn in November gambling revenue, fuelled by F1 Grand Prix
Nevada’s gaming industry has marked a historic high in November 2023. The Nevada Gaming Control Board's latest report showcased that state-wide, across all nonrestricted locations, the total gaming win amounted to $1.37bn, marking a 12.56% increase from the previous year. Over the three months leading up to November, the gaming revenue reached $3.96bn, a 5.56% increase, while the 12-month period ending in November saw a 4.93% surge to $15.4bn. Read the full story here.
Other stories from North America:
Japanese Government rejects Nagasaki casino plan over funding doubts
According to reports in Japan, the Japanese Government has announced the rejection of a proposed casino resort in Nagasaki Prefecture, citing concerns regarding the project's funding feasibility. The decision, disclosed on Wednesday last week, halts plans for the development of an integrated resort at the Huis Ten Bosch seaside resort, based on doubts surrounding its financial viability. Read the full story here.