WhiteSand Gaming President and CEO Saverio Scheri addressed over 150 state legislators from around the country at the National Council of Legislators from Gaming States Winter Meeting in Ft. Lauderdale on Saturday, Jan 11. His presentation addressed the expansion of gaming in new and existing jurisdictions, tax rates, and the potential for over-saturation.
“Balancing tax rates and casino regulations with locations and capacity can be like walking a tight-rope: lean too much in one direction and you have wide-spread failure. We see some gaming jurisdictions with very successful casinos and some with casinos in bankruptcy. There are lessons to be learned and today’s environment is different than it was just five years ago, requiring a hybrid approach” said Scheri.
The 2014 Winter Meeting featured presentations from legislators from across the country where they addressed issues such as internet gaming, expansion, tax rates, and casino regulations.
WhiteSand Gaming LLC is a leading global gaming-services firm. The company provides casino and resort management, as well as consulting services, to a substantial and diversified client base, including gaming corporations, regulatory agencies, tribal governments, lotteries, racetracks and resort hotels. WhiteSand’s team consists of experienced professionals who possess executive-level operational experience with some of the world’s top gaming companies, and extensive consulting experience as practice leaders for several of the Big Four consulting firms. Founded in 2001, the firm is headquartered in Las Vegas, maintains an office in Atlantic City, and recently opened international offices in London and Macau. For more information, visit www.whitesandgaming.com.
The National Council of Legislators from Gaming States (NCLGS) is the only organization of state lawmakers that meets on a regular basis to discuss issues in regard to gaming. Members of NCLGS chair or are members of committees responsible for the regulation of gaming in their state legislative houses. NCLGS does not promote or oppose gaming but is primarily concerned with the proper regulation of the industry.