Industry News of the Day for October 17, 2022

iDEA Growth Member News

  • From the Association for Financial Professionals: Trends in the Global Migration to Digital Payments
    • The Covid-19 pandemic has clearly accelerated the global migration to digital payments. There is now unmistakable evidence of a gradual shift toward their adoption.
    • iDEA member WorldPay is mentioned in this article.

Industry News

  • Marc Meltzer for New Games And Casino Floor Trends From G2E
    • The Global Gaming Expo (G2E) returned to Las Vegas. Attendance for the annual casino gaming and industry conference was almost back to normal, with nearly 25,000 in attendance at The Venetian Convention and Expo Center.





  • Hill Kerby for Maryland Sports Bettors Wager $31.4 Million In September
    • The summer slumps are officially over for Maryland sportsbooks! September wagering accounted for the second-best handle in state history. In total, the state’s seven sports wagering facilities saw a combined $31.4 million in wagers.


  • Drew Ellis for Why Recent Detroit Retail Casino Revenue Decline Is Not Proof Of Online Cannibalism
    • If you’ve been paying attention to Detroit commercial casino revenue numbers in recent months, you’ve noticed that they are trending downward. While some will be quick to draw a correlation to iGaming, it’s not quite that simple. The reality is really much better for the gambling industry than some would like you to believe.

New Jersey

  • John Holden for NJ Gambling Sites: Judge Agrees to Temporary Stay In PILOT Litigation Over Atlantic City Casino Payments
    • It has been a busy week for litigation over New Jersey’s Payment In Lieu Of Taxes (PILOT) program. On October 11, Governor Pete Murphy’s office announced that the State intends to appeal an Atlantic County Superior Court ruling from late August. The ruling in question, from Judge Michael Blee, struck down changes the State had made to the calculations for Atlantic City casino owners.


  • Hill Kerby for Casino Employees’ Anti-Smoking Efforts Expand Into Pennsylvania
    • Casino workers are speaking up about how they feel when it comes to indoor smoking at their workplace. Casino Employees Against Smoking Effects (CEASE), which started in New Jersey, announced Wednesday that it’s expanding with new chapters for Rhode Island and Pennsylvania casinos.


  • Russ Mitchell for September 2022 Virginia Casino Revenue Holds Steady
    • Bristol Casino — Future Home of Hard Rock turned in steady numbers for the month, according to the September 2022 Virginia casino revenue report released Friday. The Virginia Lottery tracks betting revenue and taxes for the state. The temporary casino in Bristol generated $14.3 million last month. The adjusted gross revenue total is nearly identical to August totals.