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cache creek casino video pokerA Washington, DC public hearing on legalized sports betting this week brought new energy to the issue, as city council members continued their push to get on board before neighboring cities do.The sale of 9 million worth of stock after Studio City parent Melco Resorts and Entertainment filed to trade the company on NASDAQ has offered some much-needed good news for the gaming operator.Maryland hasn’t yet legalized sports betting, but it could introduce legislation in 2019.Initial returns for Melco Resorts and Entertainment — owner of Studio City Casino in Macau — from its recently filed initial public offering (IPO) to sell shares of Studio City on the NASDAQ show the company sold 9 million worth of stock since filing with the Securities and Exchange Commission (SEC).The move follows a September decision by Melco to do the opposite in the Philippines, delisting from the country’s stock exchange.They’ve pitched a 10 percent tax on sports betting, which would go towards arts and children’s education, as well as programs for gambling addiction.owner of firekeepers casino

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