Gambling in the USA
$9 Million Gift Galvanizes Tribal Gaming and Law Programs at UNLV
Historic agreement with San Manuel Band of Mission Indians will support teaching, education, and training opportunities for students, professionals, community members, and Native American tribes.
UNLV announced a $9 million gift from the San Manuel Band of Mission Indians that will position the university as the nation’s leading source for education and innovation related to tribal gaming operations and law.
This gift — the largest out-of-state philanthropic gift that the California-based San Manuel Band of Mission Indians has bestowed on an educational or healthcare institution — will support course development and an endowed chair at the William F. Harrah College of Hospitality. It will also provide curricular, faculty, and program support at the William S. Boyd School of Law. The historic agreement will for the first time infuse the unique elements of tribal gaming into the world’s leading hospitality and gaming program, and add a tribal gaming emphasis to the nation’s only master’s degree program in gaming law.
“In the tribe’s history, tribal government gaming is the only tool that has worked to meet our economic development objectives,” said San Manuel Tribal Chairwoman Lynn Valbuena. “Yet, the full potential of tribal gaming cannot be achieved if we do not also place emphasis on developing Native people to manage our economic developments, including gaming. Therefore, we are making this investment in the partnership with UNLV to educate and prepare our children, grandchildren and future generations to help chart our path to a sustainable future.”
A $6 million portion of the gift will establish the San Manuel Band of Mission Indians Endowed Chair in Tribal Gaming at the UNLV College of Hospitality. It will also enhance the college’s curriculum by incorporating tribal gaming into existing gaming courses, creating new on-campus and online degree-track courses in tribal gaming, and developing a set of online certificate courses for community members and Native Americans across the nation who are interested in learning more about careers in tribal gaming operations.
“As tribal gaming continues to expand throughout the nation, it is critical for our college to be able to educate both current and future professionals on the operational nuances of tribal gaming,” said Stowe Shoemaker, dean of the UNLV Harrah College of Hospitality. “This gift not only helps us develop greater expertise in tribal gaming operations, it allows us to make this unique educational opportunity accessible to everyone.”
The program, which will emphasize partnerships with other schools and tribes nationwide, will also host an annual, week-long executive education seminar for tribal gaming professionals. The college plans to have faculty in place this fall, with the full tribal gaming program rollout anticipated by Fall 2023.
At the UNLV Boyd School of Law, $3 million of the gift will support a professor-in-residence, a visiting professor, and a program administrator who will create opportunities for interdisciplinary dialogue and research on governance, regulation, and economic development issues.
Funds will also be channeled into a scholarship for a LL.M. student in gaming, with preference given to tribal citizens and indigenous student applicants. The Law School will also develop online courses on tribal governance and gaming regulation, expand its Tribal Law Practicum for students, and conduct an annual workshop or symposium on emerging topics and issues of interest to Native American gaming.
“The San Manuel Band of Mission Indians is one of the leaders in tribal gaming in the country, and has made a sustained commitment to philanthropy and research,” said Daniel W. Hamilton, dean of the UNLV William S. Boyd School of Law. “We are deeply grateful for their partnership, and look forward to building the nation’s leader in developing best practices for tribal gaming law, policy and governance. This is a wonderful fit for UNLV Boyd where we offer more gaming law classes than any other law school and the nation’s only master’s in gaming law and regulation. This extraordinary gift will enable UNLV Boyd to take on a leading role nationally in an area of the law that is rapidly evolving.”
The three Detroit casinos reported $109.44 million in monthly aggregate revenue (AGR) for the month of April 2024, of which $107.87 million was generated from table games and slots, and $1.57 million from retail sports betting.
The April market shares were:
- MGM, 46%
- MotorCity, 30%
- Hollywood Casino at Greektown, 24%
Monthly Table Games, Slot Revenue, and Taxes
The casinos’ revenue for table games and slots for the month of April 2024 decreased 1.6% when compared to the same month last year. April’s monthly revenue was 11.8% lower when compared to the previous month, March 2024. From Jan. 1 through April 30, the Detroit casinos’ table games and slots revenue decreased by 1.6% compared to the same period last year.
The casinos’ monthly gaming revenue results were mixed compared to April of last year:
- MGM, down 0.7% to $49.86 million
- MotorCity, down 4.5% to $32.68 million
- Hollywood Casino at Greektown, up 0.6% to $25.33 million
In April 2024, the three Detroit casinos paid $8.74 million in gaming taxes to the State of Michigan. They paid $8.88 million for the same month last year. The casinos also reported submitting $12.8 million in wagering taxes and development agreement payments to the City of Detroit in April.
Monthly Retail Sports Betting Revenue and Taxes
The three Detroit casinos reported $15.28 million in total retail sports betting handle, and total gross receipts were $1.57 million for the month of April. Retail sports betting qualified adjusted gross receipts (QAGR) were up by $1.5 million in April when compared to the same month last year. Compared to March 2024, April QAGR was down by 1.7%.
April QAGR by casino was:
- MGM: $475,492
- MotorCity: $516,812
- Hollywood Casino at Greektown: $578,131
During April, the casinos paid $59,362 in gaming taxes to the state and reported submitting $72,554 in wagering taxes to the City of Detroit based on their retail sports betting revenue.
Fantasy Contests
For March 2024, fantasy contest operators reported total adjusted revenues of $494,162 and paid taxes of $41,510.
CogniPlay has today announced the official launch of their new software product, which aims to provide a robust online sweepstakes or social gaming platform to their clients.The system is designed to be modular, allowing customers to tailor their brand and offering to what they believe will give them optimal performance.
The rise of sweepstake casinos in the US is continuing to gather pace and many companies from real money gaming are investigating the business model and the potentially lucrative revenue opportunity. With no standout platform solution currently on the market, CogniPlay looks to serve clients a full white label style solution with every detail taken care of. Brands like Chumba and Pulsz are already seeing tremendous success and CogniPlay gives an extremely efficient route to market for potential new sweepstake casino owners.
The CogniPlay system has several key integrations which help to deliver the product, including games integrations with the likes of Pragmatic Play, BetSoft, Mascot Gaming and many more, giving them 100s of games for their clients. There are other integration options for their customers to pick from too, including affiliate programme software, CRM platforms and associated products, KYC, ID verification, Geo-IP systems, Gamification, and customer support.
They also have a very long and extensive development pipeline which will see the product offering develop at pace, giving clients an extensive list of options and USPs, and of course giving players a great user experience as a result.
As well as the platform itself the CogniPlay team, due to their considerable experience, also offer a whole host of managed services, with almost a menu that clients can choose from to fill any gaps in their own skillsets or experience.
It is also this experience that CogniPlay hopes to utilise to great effect to provide industry-leading client management to build successful relationships and partnerships with their clients. CogniPlay’s Chief Executive Officer Allan Turner said, “We are very proud to take the CogniPlay product to market and are excited that people who want to start a new social or sweeps brand can get in touch with us to see what we can do for them, or in fact established brands that are unhappy with their existing provider.
Our underlying principles are that we want to provide the most flexible platform in the space, to enable our clients to create the product they want to have, not for us to dictate the product to them. The two other main areas of focus are that we want to be the most future-proof product on the market with plans for any regulatory or legal changes that may arise in the future, and that we have all the right safeguards in place to ensure that we look after both our clients and players with our responsible gaming setup.
This of course means having the right tech and processes in the key areas of KYC, Geo-IP tech, anti-money laundering, fraud, risk assessment and ID verification.”
Gambling in the USA
XSOLLA RELEASES QUARTERLY INSIGHTS REPORT ON THE FUTURE OF GAMING AND GAME DEVELOPMENT: A PRELIMINARY ANALYSIS OF SPRING 2024 METRICS AND UPCOMING TRENDS
Key trends include the fast-growing mobile gaming segment, the impact of recent regulations, the integration of blockchain and AI, and the investments in equity and inclusion across the gaming industry.
Xsolla, a global video game commerce company, published the Spring 2024 edition of “The Xsolla Report: The State of Play” today. Launched on the heels of the Game Developers Conference (GDC) 2024, this extensive report provides invaluable insights into the emerging trends and pivotal shifts impacting the gaming industry in the short and long term. It sets the stage to significantly shape the future of mobile gaming, deepen academic connections within the gaming ecosystem, and redefine investment patterns.
In an era where mobile gaming commanded a 49% share of the global market in 2023, this edition of “The State of Play” sheds light on the evolving landscape of mobile gaming. The report navigates through the advancements in global compliance and regulation, including the Digital Markets Act in Europe’s new player engagement strategies, offering a glimpse into the potential future of mobile gaming monetization and distribution. It discusses the impact of cross-platform play and the importance of innovative monetization models, providing actionable insights for developers and industry stakeholders.
“The State of Play” emphasizes the importance of academia in the growth and diversification of the gaming industry. It explores how educational programs and initiatives develop talent and promote diversity and inclusivity within the gaming community. This edition underlines the symbiotic relationship between the gaming industry and academic institutions, highlighting programs that significantly impact students and the industry.
Berkley Egenes, Chief Marketing and Growth Officer at Xsolla, comments: “As we introduce the latest edition of ‘The State of Play,’ we’re not merely sharing industry insights but advocating for a transformative vision: Equal Access for Everyone. This initiative goes beyond our commitment to innovation and growth within the gaming industry. It’s about breaking down barriers to ensure that every developer, regardless of company size, has the opportunity to showcase their creativity and reach a global audience. Our focus is on providing platforms and tools that foster creative opportunities, international exposure, and the development of unique projects, ensuring that the future of gaming is accessible to all. We aim to empower every player and developer worldwide, ensuring the gaming landscape is as diverse and dynamic as its community.”
The report offers an in-depth analysis of the gaming industry’s current investment climate, including funding trends, mergers, and acquisitions. It outlines the shifts in investment patterns, from the heights of the pandemic-induced boom to a more measured approach in 2024. “The State of Play” provides a roadmap for navigating the industry’s financial aspects, offering insights into strategic investment opportunities and forecasting future trends.
Featuring expert commentary from industry voices like:
- Mukul Aurora, Co-founder of Appsoleut Games;
- Mariusz Gasiewski, CEO of Mobile Gaming and Apps Lead at Google;
- Karla Reyes, Founder and Studio Director,
Anima Interactive, the Xsolla Report: The State of Play is now available for complimentary download. To secure your copy and gain invaluable insights into the gaming industry, visit our website.
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