The NFL will allow teams to accept advertisements for casinos and other state-licensed gambling-related establishments during the next two seasons. Those ads can appear only in game programs, on local radio broadcasts and in the upper bowl and inner concourses of stadiums. The league told the 32 clubs on Thursday that the change in policy will allow such advertising on a limited basis from casinos in their markets. After the subject was discussed at last month’s owners meetings, the league reviewed how other sports handle casino advertising, did fan research, analyzed likely impact of recent gambling-related legislative developments and surveyed all 32 franchises. No employees of the NFL and its teams, including players and coaches, can endorse or appear in any advertisements for any form of gambling. Previously, teams have been permitted to accept advertising for horse and dog racing tracks, for municipal lotteries and off-track betting organizations, provided they offer no betting schemes based on actual sporting events. Under Thursday’s change, any entity being advertised can’t have a sports book or accept or promote gambling of actual sporting events other than horse or dog racing. In the case of facilities with multiple locations, some of which include a sports book or otherwise accept or promote gambling on actual sporting events, the advertisements "must clearly and prominently advertise the locations that do not have a sports book and do not otherwise accept or promote gambling on actual sporting events. All advertisements must include a responsible gambling message. The advertisers must agree to contribute funds to the league’s gambling education and other related programs. No naming rights or programming sponsorships can be sold to casinos or gambling-related entities.
Louisiana’s state-regulated casinos all won less money in April than in March. The drop totals $35.8 million. The exceptions were 8.7 percent increases at both L’Auberge Lake Charles and the slots casino at the New Orleans Fair Grounds.
Atlantic City’s Revel formally completed a Chapter 11 restructuring that saw it wipe away $1.2 billion of its $1.5 billion in debt, in return for granting lenders an 82 percent ownership stake.
Cantor Gaming announced today it has released future odds on NFL season wins. The company is offering advanced wagering on weeks 1 through 16 of the NFL season, in addition to wagering on NFL season win totals, Division odds and Super Bowl odds.
Terrible’s Hotel & Casino began its transition to a new identity by uninstalling its iconic Terrible’s Cowboy neon sign on Monday. The property will become the Silver Sevens Hotel & Casino in July.
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