Category: crow news

Blockbuster Movies That Would Make Great Slots

Movie tie-ins are in everything these days and when it comes to casino slots, they are proving to be more popular that other casino games. The inclusion of bonus features make them entertaining and exciting and you never know when you’ll hit the big jackpot prize.


If you haven’t played slots for real money but would like to test them out, we recommend looking for no deposit codes that let you play for free whilst still being able to win cash prizes. It’s the ultimate way to test out an online casino and there are lots of sites that offer no deposit bonuses free spins & more. Free spins are also offered with welcome packages and they can be tied to a specific slot, or a selection of games.

We already have some epic casino slots based on Hollywood blockbusters including Gladiator, Superman the Movie, Superman II, Man of Steel, Justice League, The Dark Knight, Planet of Apes, Highlander, Rocky and Pink Panter, but there are so many other great movies that could make excellent slots too. In this post we’re going to look at 5 movies that would make epic casino slots and the exciting bonus features that could be included in them.

Pirates of the Caribbean
Dead Man’s Chest was released in 2006 and has grossed $1,066,179,725 over its lifetime so far and we think it would make an awesome casino slot. With 5 reels and lots of paylines, with cinematic clips on every win. Symbols would include the main characters of Captain Jack Sparrow, Will Turner, and Elizabeth Swan, as well as the Black Pearl, Treasure chests, and lots of ghostly crew. Bonus features could include multipliers, free spins, expanding wilds, and a bonus game where you get to fight against ghostly pirates to recover the heart of Davy Jones.
Avengers Infinity War

One of the great Marvel universe movies, Avengers: Infinity War was released in 2018 and has grossed $2,048,359,754 worldwide. In this epic adventure, the Avengers and their allies have to fight against Thanos before he destroys 50% of the World’s population. This movie saw all our favorite characters from the various Marvel movies come together in an epic battle. We think it would make an excellent casino slot with so many great features to offer. There could be There could be a random/click me feature that offers cash prizes or respins. A free spins bonus feature like that of the Game of Thrones slot from Microgaming where the number of free spins isn’t fixed and players get to choose from a range of free spins with multipliers. For example, they could opt for 25 free spins with a 2x multiplier or 10 free spins with an 8x multiplier. There could be a Pick ‘Em bonus game where players are taken to a second screen and have to choose Infinity Stones to win cash prizes, multipliers, or free spins. If they uncover Thanos the bonus round ends. Symbols on the reels would include all our favorite characters including Iron Man, Thor, Captain American, Black Panther, Hulk, Black Widow, Loki, Nebula, and more. Be sure to check out our Avengers: Endgame theory to see how we think the movie series will end.


Back to the Future

Back to the Future released in 1985 and featured Marty McFly who travels back in time in a DeLorean invented by his friend Doc Brown. The movie was so successful that two more followed. In the first movie, Marty has to make sure his parents meet and fall in love so that he can return to the future. The total worldwide gross for this movie was $381,109,762. We think it would make a great casino slot with lots of bonus features including multipliers, free spins, expanding wilds, and maybe even a bonus skill game where Marty hit the right notes to get his parents dancing.

Avatar

Avatar released in 2009 and is the number one ranking movie of all time. It has grossed $2,787,965,087 during its lifetime and brought CGI to life in a way we’d never seen before. The plot sees paraplegic marine Jake Sully being dispatched to Pandora where he has to choose between helping the native Na’vi people or following Colonel Quaritch’s orders. As a video slot we think Avatar would be fantastic. Not only could it include clips from the movie, but some great characters on the reels too. We’d expect it to include Jake Sully, Neytiri, Dr Grace Augustine and our villain Colonel Quaritch. We’d also expect to find superb visuals and animations, so the symbols come to life whenever you hit a winning combination. For bonus features, there would be scatters to trigger free spins, wilds that are sticky, expanding, or stacked, and some great multipliers too. We’d love to see a bonus battle style game where Jake in his avatar takes on Colonel Quaritch.

Harry Potter

The Harry Potter movies could make for some really great slots games and with all the movies to choose from, it would be tough. For the purpose of this article we have chosen Harry Potter and the Deathly Hallows Part 2 which released in 2011 and has grossed $1,341,693,157 during its lifetime so far. This is the final part of the movie franchise and sees Harry, Ron, and Hermione search for Voldemort’s remaining Horcruxes so they can finally defeat the Dark Lord. Characters to feature in the video slot would include Voldemort, Dumbledore, Snape, Harry, Ron, Hermione, along with death eaters, and more. Video clips and even animations could be included when you hit a winning combination and it would be great to see this as a progressive jackpot slot too. We’d love to see a trail bonus game included too where players would be taken to a second screen to spin a wheel or roll a dice to move the characters along a prize trail where can win cash prizes, free spins, multipliers, and more. If they get to the end of the trail, they win the jackpot prize. Another great feature could be a combat round where Harry gets to fight Voldemort for a jackpot prize. We would expand standard bonus features like free spins, wilds, scatters, multipliers and respins in what would be a truly epic casino slot.

As you can see, there are some great existing and new blockbuster movies that would make epic casino slots and when it comes to software providers willing to make them, we will be keeping a close eye on Microgaming and Playtech who have already embraced the movie genre in their video slots collection.

Live From The Field

Gambling can be fun and exciting, low risk recreational activity for some people. For others, however, gambling shifts from casual pastime to serious addiction.

Gambling becomes an addiction when it is something you or a loved one cannot control and when it begins to affect a person’s financial, familial, social, recreational, educational, or occupational functioning. Gabling addiction, much like some forms of substance addiction, is associated with a release of dopamine in the brain as much as 10 times more then what is normal. Dopamine has been referred to as the “feel good” neurotransmitter, and this special signaling chemical is active throughout the reward centers of the brain. So the release of dopamine tells your brain, “This feels good! I want more!” What begins as a harmless good feeling can turn into a compulsive need in some people.

This happens because of the body’s natural response to external stimulation of dopamine production. In essence, dopamine centers become lazy and stop doing what are intended to do, instead simply waiting around for gambling to do the work for them. This very natural physiological tendency creates tolerance, which drives a need for more and more gambling in order to receive the same rush. Gambling dependence may then develop in which a person must gamble just to feel good or even to feel normal.

Why do people start gambling?

There is no one-size-fits-all reasons that people begin to gamble. Gambling is readily accessible to those older than 18, from scratch-off and lottery tickets to casinos within driving distance in most states. Places like Las Vegas and Atlantic City are alluring to some because of their inherent novelty and glamour, and to others because of the competetive aspect of some card games. And the chances of winning a massive jackpot appeals to the most of us as a rapid financial solution.

No matter the reason someone starts gambling, it is important to remember that not everyone who goes to a casino or buys a scratch-off tickets will become addicted to making wagers. However, there is evidence to suggest that certain people may be more physiologically and temperamentally vulnerable to a gambling addiction can be helpful in deciding whether or not beginning to gamble is a wise decision for you and your future.

Who is at risk for getting addicted?
Several studies show that gambling, like substance use, may have certain genetic origins that predispose a person to becoming addicted. These include:
– People with lower levels of serotonin.
– People with a more impulsive nature.
– People who seek out activities that provide immediate rewards.
– People who tend not to consider long-term consequences of actions.

Some studies show that people who become addicted to gambling may actually produce lower levels of serotonin, which a general lack of interest in activities or a lack of pleasure derived from most activities (known as anhedonia in the mental health community). Operating at this baseline state may encourage a person to engage in activities that increase the amount of serotonin in the brain, leading to feelings of happiness and pleasure that others may feel without the added stimulus.

Other studies show that those who become addicted to gambling or substances are genetically predisposed to make more impulsive decisions and seek activities that provide immediate reward. These studies provide evidence that the parts of the brain that control inhibition and allow a person to think through potential consequences and rewards for certain actions may be under-active, leading to impulsivity and reward-seeking.

What are some common signs and side effects?
There are common signs that you can look for in yourself or a loved one if you suspect that gambling has become an addiction. The Diagnostic and Statistical Manual (Version 5), the diagnostic tome for mental health professinals, outlines nine common symptoms of gambling addiction, including:
  • A need to spend more and more money n order to get the gambling rush that a person seeks from the experience.
  • Restlessness, anxiety, or irritability when a person attempts to reduce the amount spent on gambling or to stop gambling altogether.
  • Many attempts have been made to quit gambling, but have been unsuccessful.
  • Continuous thoughts of gambling, including when the next trip will be, how to get money for the next trip, or constant reminiscing about previous gambling excursions.
  • A person is triggered to gamble more frequently when expecting negative mental and emotional states.
  • A person must gamble the next day after a loss, either in the hopes of recouping losses or to break even with the system.
  • A person lies about where he is going, how much he has spent, or downplays how involved he is in gambling.
  • Relationships with friends and family have been damaged, or educational and employment statuses have been negatively impacted by gambling.
  • A person consistently requests money from others in order to pay bills that have been ignored so that he could gamble.

Red flags for friends and family
The common signs of gambling addition mentioned in the previous section can alert you to a loved one’s addiction. Additional and more specific red flags that you can look for include:
  • Loved ones seem to have more mood swings that begin to resemble a mood disorder such as bipolar, where they seem to be “high” some days and deeply depressed, withdrawn, or snappy other days.
  • Noticing that your loved ones are neglecting bills, asking you for money frequently, or stealing from you. You may notice overdue bills in the mail or overhear calls from bill collectors. Your loved ones may also be in debt to several small loan centers, and they may even begin to steal money or other valuable items from you.
  • Noticing that your loved ones are skipping school or work. This may begin as an infrequent occurrence that then become chronic. They may flunk several classes if they are in college, or get fired or have several disciplinary actions against them at work.
  • You may begin to notice that the things they have told you about where they spend their time or money do not add up. Discrepancies in your loved ones’ stories will become evident the longer their addiction continues. If you confront these discrepancies, your loved ones may become angry, hostile, and aggressive, or they may turn it around you. They may be signs that your loved one is actually hiding an addiction.
  • You notice that your loved ones no longer make plans with you or keep the plans that they make with you. They may also become increasingly withdrawn when they are not gambling.
  • Your loved ones spend more time online playing games that are related to gambling and become upset when you try to get them to spend less time online.
  • Your loved ones seem to drink more frequently or you suspect them of abusing other substances. Gambling and substances use trigger the release of the same fell-good chemical in the brain. Your loved ones may increasingly rely on substances when they are not able to gamble.
What treatment option is right for you?

Cognitive Behavioral Therapy (CBT) has been used successfully to gradually rewire and retrain the brain to overcome emotional and cognitive states that drive the impulsive behavioral patterns that are associated with addiction. In addition, now that gambling is recognized as actually changing the brain’s chemistry, treatment options have broadened to include medication-assisted therapy that addresses these changes. Naltexone, an opioid antagonist commonly used to treat opioid use disorders, has been successfully used to treat gambling disorders. Naltexone effectively reduces the cravings that are associated with addictive behaviors and also inhibits dopamine release, and the rewarding effects that accompany its release, when an addicted person engages in the addictive activity.


Retail Casino’s shares fall for second say in row after new downgrade

Paris (Reuters) – Shares in French supermarket retailer Casino fell sharply for the second day in a row on Thuesday, after suffering another downgrade from analysts over concerns about its cash flow.

Casino’s shares were down by 5 percent by 0710 GMT, after Morgan Stanley cut its rating on the stock to “underweight” from “equal weight”, citing potential hits to its cash flow from a tough business environment.

Morgan Stanley’s cut followed a downgrade earlier this week to Casino from credit rating agency Moody’s, which had knocked down Casino’s shares by 3 percent on Wednesday.

Casino is in the process of selling assets in order to help cut its debts.

Moody’s sends France’s Casino deeper into junk territory with two-notch downgrade

Moody’s has cut French grocer Casino’s credit rating even further into junk territory, with the rating agency raising fresh concerns over retail group’s high debt levels and worsening cash flow.


Casino, which has come under attack from short sellers in the past year, saw Moody’s downgrade its credit rating two notches to Ba3 on Tuesday, putting the retailer three levels below investment grade. The outlook remains negative. The move comes after the group’s other rating agency S&P downgraded its debt in September.

“The three cash flows generated by Casino’s French operations fell well below Moody’s previous expectations, limiting the company’s ability to reduce its gross debt despite large asset disposals,” said Moody’s analyst Vincent Gusdorf, who also flagged the “persistently high leverage” of Casino’s parent company Rallye as an important in the downgrade.

The rating agency calculates that Casino booked more than €700m of negative free cash flow in France, after interest payments and dividends, while its debt levels rose to more €9nb.

Several equity analysts have also recently voiced concerns around the retailer’s cash flow situation. Analysts at Bernstein said on Monday that Casino’s free cash flow was worse than they had anticipated – even in their bear case – while also arguing that the company’s recently completed asset sales were not bringing down its debt levels fast enough.

“We don’t see an end in sight yet to the continual cash drainage in the French business, but rather additional risk from an increasingly hollowed-out business,” the analysts said.

Casino said in a public statement on Tuesday that Moody’s downgrade did not take into account its plans to continue asset disposals and further reduce its bond debt in future.

“[Casino] also plans to generate, beyond and above this disposal plan, free cash flow in France of €500m per year, enabling it to cover its dividends and financial expenses,” the company said.

Concerns around Casino’s ability to continue paying dividends has made it a magnet for short sellers, who look to profit from an expected fall in a company’s share price. Chief executive Jean-Charles Naouri – a stalwart of the French establishment – controls the group through three publicly listed investment holding companies. These entities each have their own debts, putting pressure on them to keep paying dividends up the chain.

While the group’s shares have rallied more than 50 per cent from lows hit in September, nearly a third of Casino’s freely available shares are still on loan to short sellers, according to data from IHS Markit. This makes it one of the most heavily shorted stocks in Europe.

Southland Casino Racing launches live gambling with early bird crowd

Southland Casino Racing inaugurated Arkansas’ new area of live table games with the opening of a craps table at 4 a.m. Monday.

David Wolf, president and general manager of the West Memphis facility formerly named Southland Gaming & Racing, said the casino attracted Friday or Saturday night business on a Monday afternoon.

Customers arrived as early as 2-3 a.m. at the newly renamed casino to secure at the first craps table to open, Wolf said. Southland is open 24/7 year-round.

“This craps table over here has been packed since 4 a.m.; the last 7-8 hours, it’s been full, and we’re about to open a second table. People are waiting for this (second) table,” Wolf said about 1 p.m.

Craps, roulette, blackjack and poker tables were operating in a section of gaming floor flanked by some of Southland’s 2,000 slot machines.

“We’re really  pulling our business almost at a full spread,” Wolf said. “Traditionally you wouldn’t do this until a Friday, Saturday night. And right now we’re getting Friday-Saturday night business on a Monday afternoon.”

Southland has offered electronic since 2006, but voters last November approved statewide referendum allowing three casinos with live games.

Southland’s ownership at Delaware North Corp. responded by announcing a $250 million expansion that will include a 300-room, 20-story hotel, 100,000 square feet of new gaming space for 2,500 slot machines and 60 table games, plus five restaurants, three bars and a sports bar.

Wolf said tentative plans called for a groundbreaking in late April or May on the new facilities on vacant land next door to the spot where Southland began as a greyhound racetrack in 1956. Greyhound racing will remain a fixture.

The new casino will take about a year to build, and the hotel about 18 months.

When table games are fully ramped up within the existing facility, Southland plans to offer about 40 tables, split between the gaming floor downstairs and an upstairs area that will be opened at peak times.

About 18 games were in operation Monday afternoon.

Wolf said because of the change in Arkansas law, Southland also is now free to say “slots” in its advertising, which previously referred to “gaming”.

Wolf said Southland had hired about 100 people, mostly dealers and supervisors, bringing its total workforce close to 900. The hotel and casino expansion will push total employment to near 1,200, he said.

When Southland looked for new employees, it was fortunate to have a large gambling industry employment base in the Memphis area, because of Tunica county, Mississippi, he said.

Oaklawn Racing Casino Resort, a horse track in Hot Springs, Arkansas, that added live craps and blackjack Monday, is holding a job fair Wednesday and Thursday, April 3-4, at an America’s Best Value Inn in Tunica County to hire people.

The job fair runs 3-7 p.m. Wednesday and 9 a.m. to 1 p.m. Thursday at the hotel at 4250 Casino Center Drive, Robinosville, Mississippi.

Oaklawn also is expanding. It has set a groundbreaking this spring on a 28,000-square-foot gaming addition to open by the 2020 racing season, followed by a 200-room luxury hotel opening by the 2021 season.

Southland targeted Memphis, Tunica and the Mississippi Gulf Coast with advertising for employees, said Jeff Strang, director of marketing.

Wolf said, “We were a little surprised when we posted for it. We got a large number of people who wanted to work here. A lot from Tunica, some are coming from the coast, who either used to be here and relocated out, and from different parts of the country, that moved out of the area and wanted to come back. I didn’t expect such a huge response. No problem with table games. In fact we have a waiting list.”

Osaka Votes To Decide Casino Question, But Not The Big One

On Sunday, voters in Osaka will choose a new mayor and governor in elections that carry strong implications for the effort to obtain a license for a casino complex in Japan’s third largest city. But the results won’t address the most basic question looming behind the drive for a so-called integrated resort in Osaka Bay with a multi-billion dollar price tag.

On March-7, Osaka Prefecture Governor Ichiro Matsui and Osaka City Mayor Hirofumi Yoshimura announced that they would resign and run for each other’s job under the banner of their Osaka Ishin no Kai (Osaka Restoration) party. They seek to swap jobs because id they ran for the same positions their terms would still expire respectively in November and December this year. By swapping jobs, they each will get a full four year term, provided they win.

The election centers on Osaka Ishin no Kai’s signature issue, merging the Osaka prefecture and city governments into a single entity, a metropolitan government, the same structure as in Tokyo. Voters most recently rejected the idea in 2015, and Ishin triggered a double election after that defeat. In early March, Ishin’s erstwhile coalition partner Komeito blocked efforts for a new referendum, leading to this twin vote.

Japan’s national ruling Liberal Democratic Party opposes Ishin’s so-called Metropolitan Plan and, after attempts to recruit celebrities failed, nominated veteran local politicians Tadakazu Konishi for governor and Akira Yanagimoto for mayor. Aside from the Metropolitan Plan, LDP and Ishin agree on nearly everything – except integrated resorts.

Under the leadership of Prime Minister Shinzo Abe, LDP has spearheaded casino legalization nationally. Legislation passed last July enables creation of IR, entertainment complexes with casinos, that could cost US$10 billion or more. Osaka is a leading candidate for one of the three IR licenses available in this initial phase. So, for Yumeshima, an artificial island in Osaka Bay, south of the city center.

Whether an IR with thousands of hotel rooms, Japan’s largest exhibition and convention space and more can be opened by 2025 largely depends on whether Japan’s national government completes the IR regulatory framework with uncharacteristic speed. Whether opening an IR by 2025 is a good idea depends on who you talk to.

“The government has expressed the desire for a world-class integrated resort in time for Expo 2025,” MGM Japan CEO Ed Bowers says. ” We look forward to working very closely with city and prefectural authorities to develop the most iconic IR, one that will distinguish Osaka as a world-class city.”

“This will be a challenge for everyone,” Galaxy Entertainment Japan general manager Satoshi Okabe says. “However, we have experience in developing mega properties, including our flagship Galaxy Macau, and we are always ready to prepare and propose the best plan to achieve objectives of the local government.”

“Expo has already changed the game for Osaka,” Melco Resorts executive vice president Frederic Winckler says. “You have an incredible launch platform to work from, with 28-to-30 million people expected to visit Expo.”

“Completing an Osaka IR on Yumeshima by the opening of the World Expo is tight at best,” Global Market Advisors government regulation and selection process, there’s a development challenge:”One of the biggest needs for Yumeshima and the Expo is nearby hotel rooms. Unfortunately, the hotel tower is among th IR components that takes the longest to construct.”

A casino executive requesting anonymity notes that the impact of the Expo will be counted in months, while the impact of the IR will be counted in decades. Perhaps more consequential, “Japan has the opportunity to create IR 2.0 in terms of design, scope, and offerings,” Bussmann believes, “and I do not believe they would like to see that next standard compromised” by rushing a project to fit the World Expo deadline.

Osaka voters are unlikely to focus on the proposed IR’s timing when they go to polls, and they won’t get a choice on the bigger question of whether they want the IR at all. Polling last year found only 19% of residents sampled favored and IR, with more than twice as many opposed. Casino proponents question those results. nothing that Japanese doesn’t have a suitable translation for IR and more detailed explains why, more than five years after introducing IR legislation, proponents from Prime Minister Abe down haven’t done more to make their case with the public.


Arkansas set to inaugurate state’s first two casinos

Arkansas has seen its share of racinos, gambling on certain types of animal races, but it never could see clear to authorize casinos. Despite multiple attempts over the years, all casino bills failed at one point or another, but that is now changing. As of this Moday, Arkansas will officially be home to two casinos.

The Arkansas Racing Comission (ARC) authorized last week full casino licenses to two venues in the state. The first is Southland Park Gaming and Racing in South Memphis and the second is Oaklawn Racing and Gaming in Hot Springs. The former offers dog races, while the latter offers horse races.

Arkansas voters approved a measure last November that authorized the casinos. Issue 4 on the November ballot sought to amend the state’s constitution to allow expanded gambling, and it passed with only a little resistance.

As of April 1, the two racinos can offer a variety of gambling options-blackjack, Mississippi stud, craps, roulette and more. Both venues have started that they hope to have everything up and running by the end of the summer, and that they will offer poker and sportsbooks, which were also authorized through Issue 4.

The amendment stipulated that there would be a total of four licenses available. Two of these would be issued to existing operations, while the other two would be issued to new venues, Scott Hardin, a spokesperson for the Arkansas Department of Finance and Administration, indicates that the ARC will begin accepting applications for those two additional licenses in May and that the venues will be located in Pope and Jefferson Counties.

As in the case in most states that are considering, or have already authorized, gambling and sportsbooks, Arkansas was driven by the expectation that the activity would give the state a serious economic boost. The University of Arkansas Economic Development Institute conducted research and determined that the state’s gross domestic product (GDP) could reach as high as $6 billion over the next 10 years to the legalization of gambling. The four casinos are also expected to give the state $66 million in tax revenue each year.

Not everyone was on board with the idea, though. Arkansas Governor Asa Hutchindson had been opposed to the move; however, as a political leader should, he listened to the will of the people and allowed gambling to move forward.

Powerball Hits $750M, Fourth-Largest Jackpot in US History

The Powerball jackpot is up to $750 million, the fourth-largest in United States history and the biggest total this year.
The jackpot swelled after no one hit on the grand prize winning numbers that were drawn Saturday night — 4, 25, 52, 60, 66 and 05. To collect the grand prize, a player must match all six winning numbers, including matching the powerball.
Some players did win smaller payouts on Saturday night by matching enough number combinations to win between $1 million and $2 million.
The $1 million-winning tickets were sold in Florida, Illinois, New York (two), North Carolina, North Dakota, New Hampshire, and South Carolina, according to the Powerball website. The $2 million-winning tickets were sold to players in Florida and Wisconsin.
Powerball numbers are drawn twice weekly, every Wednesday and Saturday. For the upcoming drawing on Wednesday for $750 million, a players’ chance of matching all six numbers is about 1 in 292 million.
“There are a lot of people imagining what they could do with a $750 million Powerball jackpot this week,” said David Barden, Powerball Product Group Chairman and New Mexico Lottery CEO, on Powerball’s website. “Where else could you win three quarters of a billion dollars for the price of a cup of coffee?”
Largest US Lottery Jackpots in History
  1. $1.586 Billion – Powerball | Won in January 2016, it was split by three winners, in California, Florida and Tennessee, with the Florida winner the last to claim.
  2. $1.537 Billion – Mega Millions | Won Oct. 23, 2018 with a ticket purchased in South Carolina, the winner, who claimed it anonymously, took the cash option of almost $880 million. It was the largest solo jackpot winner in history.
  3. $758.7 Million – Powerball | Another solo winner, this ticket was purchased on Aug. 23, 2017, in Massachusetts by a hospital worker.
Lump Sum of $465.5M or an Annuity

If there is a grand prize winner Wednesday night, they will have the option of either collecting their winnings as an annuity spread over 30 years or as an immediate lump sum — albeit at a reduced estimated amount of $465.5 million.
Were a player to select the immediate sum, they would have to pay 24 percent in federal withholding, which reduces the total amount by $111.7 million.
The winner will also owe another 13 percent in federal taxes — roughly $60.5 million — and depending how where the winning ticket was purchased and where the winner resides, there may be state taxes to pay.
The last grand prize Powerball jackpot winner occurred on Dec. 26, 2018, with the player a Brooklyn, N.Y., man who won $298.3 million. Since then, 25 drawings have transpired without a grand-prize winner.
Powerball tickets are available in 44 states, Washington, D.C., Puerto Rico and the U.S. Virgin Islands. Tickets cost $2 per play. The drawings occur at 11 p.m. ET.
“Powerball dreams are viral,” Barden said on the website. “It’s easy to get excited about such a life-changing jackpot.”

Rhode Island Online Sports Betting Bill Signed into Law

After gatnering overwhelming support from the state legislature, an online sports betting legalization bill in Rhode Island was signed into law Monday, setting up another state with mobile wagering options.

Lawmakers announced Democratic Gov. Gina Raimondo had signed the bill March 25 after fellow Democrats in both state Senate and House of Representatives approved the measure during Rhode Island’s 2019 legislative session. Championed by leaders in both chambers, the bill was designed to bolster the state’s fledgling sports betting market, one of the only a handful currently operational.

Senate President Dominick Ruggerio said in a statement the new online and mobile offerings will complement the state’s two sportbooks, located at each Twin Rivers casino location, both of which he said have lines that sometimes stretch out the doors.

“It is an entertainment option that many Rhode Islander enjoy, and visitors from outside the state are also flocking to our gaming facilities to place their wagers on sporting events, Ruggerio said. “Expanding to mobile gaming would provide a convenient option for those wishing to enjoy this from of entertainment, an open up the economic benefits beyond the walls of Twin River.”

Eligible residents and visitors within state lines will soon be able to place bets throught a government-regulated site via internet capable devices including smartphones and laptops, though more details about the site have yet be announced.

Likewise, no timeline was released for when the regulated mobile wagering market will go online, though it typically takes several months to finalize regulations and open such an offering. Still, Rhode Island should become just the fifth state with online betting.

Nevada and New Jersey take mobile wagers now, and West Virginia is expected to take bets again sometime this year, following the resolution over a conflict with its lone betting site and its affiliates. Pennsylvania is also expected to launch its mobile offerings in the coming months.

Official Look to Bolster Lagging Revenue

Rhode Island was one of the first states to legalize sports betting, but a delayed launch, limited offerings and an exorbitant tax rate have hindered New England’s first legal wagering market.

Pushed by Raimondo as part of the state’s 2018 budgeting process, legal sports betting was approved by the legislature shortly after the Supreme Court decision to strike down the federal ban in May of that year. Though one of the first handful os states to do so, officials passed additional restrains that have hurt revenue potential, especially compared to other states.

The legalization measure inposed a 51 percent tax rate, the highest by far of any jurisdiction taking bets in America. Most of the eight states accepting wagers chare around 10 percent while Pennsylvania, with the second-highest tax, charges an effective 36 percent rate.

Those inordinately high fees dissuaded nearly all would-be bidders to run sports standing relationship with the state after years operating its lottery. Further regulatory procedures delayed the market all the way until November, after the crux of football season, which is historically the most profitable time of the yeat for sportsbooks.

Even then, the state’s lone casinos, Twin River facilities in Tiverton and Lincoln, were able to take bets, and then only within their physical properties.

Because of these limitations, it wasn’t surprising revenue projections fell significantly short of initial goals. This year’s budget reportedly calls for $3 million from online gaming, which may be difficult to reach even in an ideal scenario in a low-papulation state like Rhode Island.

Bill Requires In-Person Registration

A further requirement could also hinder the market. Rhode Island will be only the second state after Nevada to require in-person registration before a player can play an online game. Players will need to first sign-up to play online at either the Tiveron or Lincoln facility.

Gaming industry officials warn this could dissuade would-be legal players from joining the regulated sites and lead them to remain with illegal offshore options. And unlike Nevada, which has far and away the most gaming facilities per capita of any state,  Rhode Island’s two isolated locations could pose a burdensome trek for players.

Still, Rhode Island has now become the first New England state to approve online sports betting. As neighbors like Connecticut and Massachusetts consider similar measures of their own, it nevertheless gives the Ocean State a leg up on regional competition.



Swedish regulator fines Genesis Global and Paf

Swedish regulator Spelinspektionen (formerly Lotteriinspektionen) has imposed sanctions on Genesis Global and Paf for self-exclusion failings.
Genesis has received an official warning and a fine of SEK 4m ($430,000), while Paf has been fined SEK 100,000.
The sanctions relate to the companies’ failure to join mandatory self-exclusion register Spelpaus.se.
As a result of them not joining, customers were able to play on Genesis and Paf sites, despite having self-excluded.
Paf recently spoke exclusively to Gambling Insider about its loss limit responsible gambling strategy.
The operator has publicised a breakdown of how much revenue it makes from different player segments, urging others to follow suit and become more transparent.
In this instance, however, Paf has fallen short of the regulatory standards required.
By Tim Poole