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

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, as well as other casino games.

There are currently nearly 27,000 VGTs in Pennsylvania, each of them in the state’s 12 casinos. If HB 1010 passes, the amount could more than double.

John Cunnane, a Wall Street video gaming and leisure analyst for Stifel Investment Services, told the Allentown Morning Call that this kind of expansion of VGTs and authorized locations that are VGT could hurt established 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 casinos, but they shall feel the pain, no doubt.’

Media Wars

Through Sands Casino Resort Bethlehem, Adeslon provided $1 million to Pennsylvanians For accountable Government (PRG), a newly created organization that is lobb (more…)