The $205 million redevelopment of Kenosha’s former Dairyland Greyhound Park into apartments, industrial buildings and offices could receive $22 million in city tax incremental financing. The Forest County Potawatomi Community and Zilber Property Group of Milwaukee are seeking approvals for that redevelopment. City officials on Thursday will hold a public hearing on a proposed TIF district to help finance the project. Read more here    

The American casino industry wants gambling regulators to make it easier to adopt cashless payment transactions on the casino floor, citing a desire to help customers avoid handling money during the coronavirus outbreak. In a report released Tuesday, the American Gaming Association, the gambling industry’s national trade group, called on regulators in states where gambling is allowed to update their rules or laws to integrate cashless options for gamblers. The push follows an 18-month study of the issue by both...

The West Bend man started a company called Quick Charge Kiosk that modified video gambling machines to provide charging for cell phones and put them in gas stations and convenience stores around the state. The Attorney General quickly deemed the kiosks illegal gambling machines, and seized many of them. Hahn sued, arguing the machines were more akin to winning a free soda if your pack of french fries had a random special prize sticker attached. Read more here    ...

The 89-year-old philanthropist is one of several big-name investors to receive shares in the sports-betting company since it went public through a reverse merger on April 23. According to a filing last week with the U.S. Securities and Exchange Commission, Quantum Partners, an investment vehicle run by Soros Fund Management, holds 2.7 million DraftKings Class A shares. Soros Fund Management oversees investments on behalf of the 89-year-old philanthropist and his family. Read more here

Plans for the Ho-Chunk Nation’s $405 million casino in Beloit are heading to Gov. Tony Evers’ desk after federal officials signed off on the project. Read more here. Ho-Chunk receives approval for Beloit casino (UPDATE)  

Millennials don’t like brick and mortar casinos.  They are much more interested in online activity.  This data breach and the consequent spike in young gamblers will ensure that our youth becomes the target of the online gambling industry. https://www.dailymail.co.uk/news/article-7904287/Betting-firms-granted-access-database-28-MILLION-children.html  

This is a great example of lazy legislating.  Rather than focus on spending and responsible broad-based revenues, legislators look for ways to increase revenue without raising taxes.  The problem is, state budgets become dependent on gambling revenues and when they decline (and they will), taxpayers have to make up the difference. “Given the minor contribution of gambling revenues to state budgets, officials might be better advised to rely on broad-based revenues and spending controls rather than the relatively paltry revenues...

Some Wisconsin State legislators have floated the idea to amend our state constitution to allow internet sports betting.  If amended, it will open the proverbial can of worms. “If you all thought 2019 was an exciting time for sports betting, then buckle up, because 2020 promises more action both on the field and behind the scenes as our industry continues to develop at a frantic pace. 2020 could possibly go down as the year a single state achieves a $1bn...

The line for the ticket windows at a Rhode Island casino’s sportsbook stretched to the door on one afternoon last month. “This happens pretty much every Monday,” said Craig Sculos, vice president and general manager at Twin River Casino Hotel. This could be the scene in more states in the years ahead. Legalized sports betting has caught on quickly since a U.S. Supreme Court ruling in 2018 allowed for it to be legalized in every state; 2020 will be a...