Episode 62: Vintage Las Vegas Gets A Modern Touch From Derek Stevens
The GamblingCompliance Podcast
Release Date: 12/12/2022
The GamblingCompliance Podcast
The attempt to legalise sports betting in Brazil has been a lenghtly stop-start saga stretching back more than four years. However, 2023 has finally seen an explosion of activity that's moved the nation closer than ever to a fully regulated online gambling market. In this episode, Vixio Chief Analyst James Kilsby discusses the complex trials and tribulations of the past few months. As well as looking into where things go for a market that Vixio estimates will be worth over $ 3.8 billion within the next five years.
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A wave of consultations published this summer has revealed how the UK's regulator and government intend to re-write the rules for gambling businesses in Britain. Many stakeholders are making their voices heard in this pivotal period of gambling. This podcast episode is the full audio recording from a recent Vixio GamblingCompliance webinar, which took place on September 15, 2023. Vixio brought together leading experts with the key decision-makers behind the consultations to discuss the impending new era of UK gambling regulation. This episode feature speakers from the Department for Digital,...
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Gambling companies looking for new markets to explore are increasingly turning to the continent of Africa for new opportunities. But while in many countries regulations are developing, there are also plenty of established markets with well-developed gambling ecosystems. VIXIO's associate Editor Harrison Sayers sat down with his colleague and fellow Africa expert senior legal analyst Zack Birnbaum, to give us a flavour of the most pressing issues for gambling regulation across Africa.
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The Philippines remains the epicentre of Asian online gambling, with a tortured history of offshore allegations and a sometimes toxic intertwining with regional politics. In this episode, VIXIO's contributing editor for Asia, Martin Williams, discusses recent dramatic developments across the Philippines, such as the advent of an inward-facing online gambling market and raids on offshore-facing operators that freed thousands of workers being kept in slavery.
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The ongoing expansion of locally regulated markets continues to gather pace, opening up new opportunities for sports betting. This podcast is the audio recording of a session conducted as part of the Festival of Sports Book hosted by Kambi and moderated by Oliver Lamb, Kambi's SVP of Risk & Compliance. It features insight from VIXIO's Danny Stone and Joe Ewens. The trio analyses key markets to watch out for and map long-term global growth prospects.
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After more than two years of delays and debates, the UK government has released its white paper on gambling regulatory reform, firing the starting gun on a pivotal 12 months for the country’s gambling industry. Almost every significant proposed change, from online stake limits to affordability checks, is subject to rapidly approaching consultations, defining the compliance landscape in the world’s largest regulated online gambling jurisdiction for years. This podcast episode is the full audio recording from a recent VIXIO GamblingCompliance webinar. In this recording, VIXIO brought...
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We are on the verge of a new era of gambling regulation in the UK, after the government finally published its white paper on gambling reform. The proposed changes are manifold, but the specifics are few and far between. In this episode, VIXIO GamblingCompliance experts discuss some of the biggest areas of change laid out in the white paper and how we expect its proposals to play out in the pivotal months ahead.
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Aggressive market growth turbo-charged by the pandemic and the central government’s shift to regulation promise to transform India into an online gambling juggernaut. But it is the Supreme Court of India and pro-reform state High Courts that are paving the way for the potential nationwide legalisation of skill gaming with stakes. In this episode of the VIXIO GamblingCompliance podcast, contributing editor for Asia, Martin Williams outlines the key roles that various courts play and the tensions they must overcome to provide a legal foundation for a surging industry.
info_outlineWith the U.S. sports-betting market dominated by a handful of large commercial operators, Las Vegas casino owner Derek Stevens believes there is a profitable future for a smaller player in the market.
Shortly after the U.S. Supreme Court allowed states to legalize sports betting in 2018, Stevens was in the early stages of developing Circa Resort and Casino, downtown’s first from-the-ground-up casino in nearly four decades.
Ahead of opening the property that features a three-level Circa Sportsbook, his company launched Circa Sports, which includes a mobile sports wagering app.
Stevens has since taken Circa Sports outside of Nevada to Iowa and Colorado, where the business is mobile-only.
Early next year, he plans to launch mobile and retail sports in Illinois as part of a deal with Full House Resorts, which is building a $500m casino some 40 miles north of Chicago in Waukegan.
Stevens discussed the future of Circa Sports and the challenges of operating a casino coming out of a pandemic and now in the midst of the highest inflation rate in four decades.