Anti -smoking advocates urge shareholders in major casino operators in the United States to force the listed companies to study the economic effects of indoor smoke bans.
American Nonsmokers ‘Rights Foundation (ANRF) and Trinity Health have submitted shareholders’ resolutions to a handful of domestic gaming companies that would require the operators to study the economic benefits of implementing smoke -free policy at their properties. According to a joint press release, the organizations have resolutions waiting for shareholders in Boyd Gaming, Wynn Resorts Ltd., Caesars Entertainment and Penn Entertainment.
The Board of Directors of Boyd and Wynn – which are both based in Las Vegas – recommend investors to vote against the proposals, according to proxy materials distributed to the shareholders before the annual meetings. Wynn’s annual shareholder meeting is April 30, while Boyd -Investers will vote on May 8.
Ballys Corp., Boyd and Caesars Investors rejected similar resolutions last year, which was the first attempt by ATRF and Trinity to get suggestions on the annual voting agenda for shareholders in publicly traded American gaming companies. According to the publication, last year’s efforts received over 60 million Proxy votes to support.
In addition to the obvious health effects, Cynthia Hallett, President and CEO of American Nonsmokers’ Rights Foundation, said that it is smart to eliminate smoking indoors.
“There are clear business risks to allow smoking indoors in casinos, including higher health insurance premiums, higher maintenance costs and a significant deterrent for potential visitors due to exposure of used smoke,” she said. “Last year’s success showed that investors are increasingly interested in understanding the economic and business consequences of smoke -free politics.
Prop bet ban?
Massachusetts legislators have introduced a bill that would prohibit investments for sports proposals in that state and raise the tax on sports betting suppliers from 20 percent to 51 percent.
“Bettor Health Act”, which was introduced by Senator John Keenan, D-quincy, would eliminate all prop investments and bet in the game in that state.
Proposal initiatives, popular in Nevada sports books, especially during Super Bowl, are investments in a specific aspect of a game that is not necessarily related to the final result. It may involve statistics on individual players or if certain events occur during a game.
Keenan and other fellow sponsors say that there is evidence that indicates that requires help on gaming aid lines directly corresponds to increases in sports games. Massachusetts Sports Books opposes the legislation and says that a ban would encourage players to seek illegal operators instead.
At least 13 states prohibit prop investments in college players and say that practice results in harassment and abuse on social media channels.
Nebraska game
Nebraska’s first independent casino variety opened its doors on Thursday.
Grand Island Casino Resort of $ 185 million, which is run during a partnership between Elite Casino Resorts and Fonner Park, has seven floors with 162 rooms, a casino with 750 slot machines, 20 table games and Nebraska’s first living poker room, as well as a full service spa and indoor and outdoor pools.
Nebraska voters legalized casino games 2020 and Grand Island is the first independent property developed.
The WinneBago tribe in Nebraska, through its Ho-chunk Inc. Economic Development Company and its Warhorse Gaming-Dotterbolag, has attached casinos to horse tracks in Omaha, Lincoln and South Sioux City.
Las Vegas Sands Renewal
Singapore Game Regulations has renewed the casino license for Marina Bay Sands for three years.
In a brief announcement on its website, GRA said that operator Las Vegas Sands Corp.’s property has met the requirements of Singapore’s game laws and that its license would be renewed from April 26.
Sands’ only rival in Singapore, Resorts World Sentosa, run by Gentent Group, which runs the Resort World Las Vegas, received only a two -year renewal last year after it received an unsatisfactory ranking from supervisory authorities for its omission to “develop, maintain its integrated resort as a convincing tourism destination as a fulfillment.
Sands will soon break the ground on its fourth tower for $ 8 billion (USA), which will contain 570 suites, an arena at 15,000 locations, a top-level park and new gaming and convention facilities at Marina Bay Sands.
Review-Journal is owned by the Adelson family, including Dr. Miriam Adelson, majority shareholder in Las Vegas Sands Corp. And Las Vegas Sands President and Coo Patrick Dumont.
