Adelson Casino Wages Ad War Against Pennsylvania VGT Expansion

Adelson Casino Wages Ad War Against Pennsylvania VGT Expansion

An aggressive $1 million marketing campaign backed by Sheldon Adelson, chairman and CEO of Las Vegas Sands, is trying to block legislation in Pennsylvania that would allow gaming that is video (VGTs) in truck stops, restaurants, bars, and off-track betting facilities.

Billionaire casino magnate Sheldon Adelson is funding group https://real-money-casino.club/ to fight proposed legislation that threatens his hold on gambling task within the Keystone State.

Adelson’s Sands Casino Resort Bethlehem is leading the fight against home Bill 1010, which will permit certain establishments to install VGTs real-money that is offering, poker, and other casino games.

You can find presently nearly 27,000 VGTs in Pennsylvania, every one of them in the state’s 12 casinos. If HB 1010 passes, the number could more than double.

John Cunnane, a Wall Street video gaming and leisure analyst for Stifel Investment Services, told the Allentown Morning Call that such an expansion of VGTs and authorized locations that are VGT could hurt founded gaming facilities.

’That’s an insane quantity of vgts, and we’ve seen the impact that’s had on gambling enterprises in places like Iowa and Illinois,’ Cunnane said. ’It won’t cause a mass exodus from gambling enterprises, but they shall feel the pain, no doubt.’

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Through Sands Casino Resort Bethlehem, Adeslon provided $1 million to Pennsylvanians For accountable federal Government (PRG), a newly formed organization that i Läs mer