Judge: Video Gambling Profits Must Be Split With Operators

Written by:
Guest
Published on:
Dec/14/2017

CHICAGO (Associated Press) — A judge has ruled that Illinois video gambling parlors must continue to evenly split their profits with companies that operate the terminals.

The Chicago Tribune reports Cook County Judge Neil H. Cohen ruled this month that splitting profits equally prevents terminal operators from offering incentives to gambling establishments.

The two companies that own the Dotty’s Cafe, Stella’s Place and Shelby’s gambling parlor chains in April sued the Illinois Gaming Board and several terminal operators, arguing that gambling parlors and the terminal operators should be able to negotiate their own profit-sharing deals.

Additionally, Laredo Hospitality Ventures and Illinois Cafe & Services Co. argued that retail establishments should be able to buy, install and maintain their own machines. An attorney representing Laredo and Illinois Cafe say the companies plan to appeal.

Gambling News

Police Officers Indicted in Gambling Case Believed Tied to Poker Pro

Federal prosecutors are accusing a current Wichita police officer and a former officer of obstruction of justice for their roles in identifying a suspected undercover officer who was investigating illegal gambling.

Couple Who Ran Illegal Sports Betting Ring Sentenced to a Year

Couple Who Ran Illegal Sports Betting Ring Sentenced to a Year

The husband and wife tandem that ran an illegal sports betting ring out of St. Louis, Missouri between the years 2008 and 2014 have been sentenced to one year behind bars.

Ladbrokes on Hot Seat After Imposing £800 'Dormancy' Fees

Ladbrokes on Hot Seat After Imposing £800 'Dormancy' Fees

A punter claims he has been waiting since 2014 to be paid by Ladbrokes and now they are trying to tack on a "dormancy" fee totalling £800.

Vegas Gambling Revenue Hits All Time Low

Generating $26 billion in total revenue, Nevada gaming regulators say it is a new record low for Vegas.

ThePOGG releases Affiliate Program Value Report 2017

ThePOGG.com is proud to announce their affiliate program value report for 2017. The purpose of the report is to share with the webmaster community and gain an insight as to which affiliate programs perform the best and ones that are below average.

Syndicate