We Carry a Full Line
of Bingo Supplies
7516 W. Oklahoma
|MILWAUKEE - Time to Celebrate! In what has become an annual event, Our Lady
Queen of Peace Parish, located at 2733 W. Euclid Ave., will celebrate “New Year’s
Eve in July” on Saturday July 25th, 2015. 5 sessions of bingo, for $1,000 in prizes
each, will begin at 5:30 PM. There will be $1,000 in raffle prizes, plus Door Prizes,
plus a FREE BBQ Sandwich, Pickle, Chips and coffee for all players. Doors open
for this event at 4:00 PM.
ATLANTIC CITY - Another month, another purchase of the Revel casino by Florida
developer Glenn Straub. This one’s for real, however, and Straub is now
attempting to buy the Showboat and possibly additional properties as part of a
city-wide redevelopment he’s calling “The Phoenix Project,” complete details of
which are, naturally, yet to come.
LOUISIANA - A full smoking ban is now in effect in New Orleans, affecting bars,
hotels, workplaces, private clubs, stores, and casinos.
NATIVE AMERICAN - Tribal casinos generated a gambling win of $28.3 billion in
2013, a marginal .5% increase over 2012, but still a single-year record. The win
came from 479 Indian casinos in 28 states. California led the way with a $7 billion
win, followed by Oklahoma with $3.8 billion, and Florida and Washington with $2.3
ONLINE - Morgan Stanley has drastically downsized its expectations for the U.S.
online gambling market. The investment firm issued a report cutting its estimate
for 2020 from $5 billion to $2.7 billion. Nearer term, the estimate for 2017 is $410
million, down from $1.3 billion. The report predicts that no new states will begin
operations this year, but that California, Pennsylvania, New York, and Illinois will
legalize some form of online gambling “within a few years.” One development
that will have a positive effect on online gambling’s prospects is a return of
PokerStars to the market, and that may be close to happening. Amaya Gaming,
owners of PokerStars, says it “expects to be up and running” in New Jersey by
this fall, and is working to be licensed in California when online gaming is
approved there. A daily fantasy sports (“DFS”) product to be released under the
PokerStars brand is also in the works.
JAPAN - Action toward legalizing gambling in Japan is picking up again. A bill that
would enable legalization is pending, and if it passes, a second statute outlining
specific rules and logistical details would have to be created and passed. The first
part of the process is expected to come into focus this month and shine a light on
realistic prospects and timetables.