Gambling News Podcast

GAMBLING & CRYPTO NEWS | Gulf Coast Casinos Prepare for Another Hurricane Season

May 25, 2021 EasyMobileCasino.com Season 1 Episode 95
Gambling News Podcast
GAMBLING & CRYPTO NEWS | Gulf Coast Casinos Prepare for Another Hurricane Season
Show Notes Transcript Chapter Markers


 
After months of intense negotiations, Florida Gov. Ron DeSantis came to terms on a new Tribal Gaming Compact. He was working with the state’s Seminole Tribe, who own and operate the Hard Rock Hotel & Casino chain throughout Florida. More recently, the state’s Senate approved the measure 38-1. Next, the state’s House passed it by a vote of 97-17. The new 30-year Tribal Compact still needs federal approval by the US Department of the Interior. This involves a 45-day process to render a decision. Expansion includes both retail and mobile sports betting.

 
 Gulf Coast Casinos Prepare for Another Hurricane Season



Gulf Coast casinos in Louisiana and Mississippi first had to contend with the coronavirus shutdown in March of last year. They then had to deal with the impacts of five named storms during the annual hurricane season. This starts on June 1 and runs through Nov. 30. Both Hurricane Laura and Hurricane Delta slammed into the Lake Charles region of Louisiana less than six weeks apart. Casinos from New Orleans east into Mississippi were impacted by Hurricane Zeta in the month of October. There are 13 riverboat casinos in Louisiana with a land-based venue in New Orleans. Mississippi is home to 12 casinos in the Gulf Coast region.

 Rosie’s Gaming Emporium Pays Out Six-Figure Jackpot


Virginia is in the process of building land-based casinos in specific locations in the state. In the meantime, Rosie’s Gaming Emporium is the next best thing. Offering historical horse racing games of chance, the chain is part of Colonial Downs. This Thoroughbred race track is located outside of Richmond in New Kent County. It is also home to Rosie’s Gaming as one of five locations in the state. The Rosie’s in Vinton made headlines the other day with a $387,000 jackpot hit on one of its games of chance. This set a record for the largest jackpot ever at that location.

Bitcoin’s Value Cut in Half From All-Time High

Lately, Bitcoin’s current market value has taken violent swings in a matter of hours. The net effect of this volatility can be demonstrated by two numbers. On April 14, the market value of BTC topped $64,895. On May 23, the trading value sunk to $32,601. Early trading in the final week of May points to a slight rebound with bitcoin around $38,000. Outside forces including Tesla’s founder Elon Musk along with the Chinese and US Government have had a hand in the rapid decline. Other factors such as rampant speculation have taken their toll on the BTC market price.










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In the first story,  Florida Legislators Approve New Tribal Gaming Compact
After months of intense negotiations, Florida Gov. Ron DeSantis came to terms on a new Tribal Gaming Compact. He was working with the state’s Seminole Tribe, who own and operate the Hard Rock Hotel & Casino chain throughout Florida. More recently, the state’s Senate approved the measure 38-1. Next, the state’s House passed it by a vote of 97-17. The new 30-year Tribal Compact still needs federal approval by the US Department of the Interior. This involves a 45-day process to render a decision. Expansion includes both retail and mobile sports betting.

Next up, Gulf Coast Casinos Prepare for Another Hurricane Season
Gulf Coast casinos in Louisiana and Mississippi first had to contend with the coronavirus shutdown in March of last year. They then had to deal with the impacts of five named storms during the annual hurricane season. This starts on June 1 and runs through Nov. 30. Both Hurricane Laura and Hurricane Delta slammed into the Lake Charles region of Louisiana less than six weeks apart. Casinos from New Orleans east into Mississippi were impacted by Hurricane Zeta in the month of October. There are 13 riverboat casinos in Louisiana with a land-based venue in New Orleans. Mississippi is home to 12 casinos in the Gulf Coast region.

In the next story, Rosie’s Gaming Emporium Pays Out Six-Figure Jackpot

Virginia is in the process of building land-based casinos in specific locations in the state. In the meantime, Rosie’s Gaming Emporium is the next best thing. Offering historical horse racing games of chance, the chain is part of Colonial Downs. This Thoroughbred race track is located outside of Richmond in New Kent County. It is also home to Rosie’s Gaming as one of five locations in the state. The Rosie’s in Vinton made headlines the other day with a $387,000 jackpot hit on one of its games of chance. This set a record for the largest jackpot ever at that location.

In the last story, Bitcoin’s Value Cut in Half From All-Time High
Lately, Bitcoin’s current market value has taken violent swings in a matter of hours. The net effect of this volatility can be demonstrated by two numbers. On April 14, the market value of BTC topped $64,895. On May 23, the trading value sunk to $32,601. Early trading in the final week of May points to a slight rebound with bitcoin around $38,000. Outside forces including Tesla’s founder Elon Musk along with the Chinese and US Government have had a hand in the rapid decline. Other factors such as rampant speculation have taken their toll on the BTC market price.



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