Features
Shindico celebrating 50th anniversary this year – the Sandy Shindleman story
By BERNIE BELLAN Anyone who has ever driven through Winnipeg is bound to have noted the very many buildings – including strip malls, shopping centres, office buildings, and apartment buildings, that bear the name “Shindico”.
This year marks the 50th anniversary of the founding of Shindico. While its name may be familiar to most Winnipeggers, there’s not a lot that’s been written about how Shindico came to be.
Recently I had the chance to speak with Shindico founder Sandy Shindleman who, now 68, started Shindico when he was only 18.
Anyone who knows Sandy is familiar with his wry wit – and often self-deprecating style. In many ways his story is similar to the stories of many other self-made entrepreneurs within Winnipeg’s Jewish community.
Born in a small town – in this case Portage la Prairie, Sandy was one of three brothers, (the others being Robert and Daniel). The brothers’ parents, Eddie and Claire (née Abells), are both deceased, Eddie having died in 1998, while Claire died in 2019. Eddie’s brother Jack, who worked with Eddie in the grocery store that Eddie owned in Portage (known as Greenberg’s Grocery), passed away in 2020.
Eddie Shindleman’s own father came to Canada in 1912 – from Ukraine (which was then part of Russia, Sandy reminded me.) Claire’s parents were from Belarus. Like many other Jewish immigrants, Sandy’s grandfather went into the cattle business – which Eddie Shindleman remained very much involved in, operating an abattoir (slaughterhouse) in Portage for many years.
Sandy recalls his years growing up in Portage with fondness. There were about “25-35 Jewish families in Portage,” he recalls, many of whom had arrived there after World War II.
The grocery store that his father ran was actually purchased from Eddie Shindleman’s brother-in-law in 1967. Prior to that Eddie had managed the store. As well, Claire and her brother owned a motel in Portage, the “Westgate Inn,” which remained owned by the Shindleman family until this month.
I asked Sandy about the spelling of the name “Shindleman.”
Shouldn’t it be spelled “Shindelman,” I wondered?
His father misspelled it, Sandy said. It should have been “Shindelman,” not “Shindleman.” I asked whether “shindel” meant something in Yiddish. He answered that the family thought it meant “roofer,” but when I checked, the word “shindle” actually means scissors in Yiddish.
While Sandy did work some in the family grocery store, he also had occasion to help his father with the abattoir – which leads to a great story I’d first heard Sandy tell back in 2018, when I had invited him to speak to a group that I had helped start at the Rady JCC (along with Tamar Barr), known as the Jewish Business Network.
The story of the bull and “old man Schweitzer”
When I spoke to Sandy again recently, I invited him to repeat that story because it was both funny – and insightful.
The story goes like this: “I was 14 years old. The store was open till nine o’clock on Friday.” One Friday, on a June evening, after the store had closed Sandy’s father asked Sandy to go out to a farm owned by someone Sandy knew only as “old man Schweitzer.” (He never did find out Schweitzer’s first name, he told me.)
Schweitzer lived on an 80 acreage farm, Sandy continued, but he didn’t grow anything. He didn’t even have any cattle or chickens. All that he had was a bull and he wanted to sell his bull to Eddie Shindleman.
But old man Schweitzer didn’t drive. He didn’t own a truck. All that he owned was a tractor, Sandy said.
“He drove into town and he shopped at my dad’s store on a tractor because you didn’t need a driver’s license to drive a tractor. And as far as I know, you still don’t. But the tractor was open – like it didn’t have a closed cap.”
Now, at the time, Sandy was only 14 years old. Here he was, being asked to drive out to a farm – and pick up a bull. He said that he already knew how to drive a truck (even though he wasn’t legally supposed to be able to do that), so he went to Schweitzer’s farm in a five-ton truck, along with a hired hand who worked in the abattoir.
Eddie had given Sandy a blank cheque to take with him. Eddie had told Sandy to offer Schweitzer a fair price for the bull and not to try and take advantage of him. Sandy said he looked the bull up and down and offered Schweitzer $420 – which Schweitzer accepted.
So, Sandy and the hired hand loaded the bull on to the truck – which was quite a job, since it turned out the bull weighed 1400 pounds.
It was past dark when Sandy got back to Portage. “I drove by the store. My dad came out and climbed up on the truck and looked at the bull. And he said, ‘How much did you pay for it?’ I said ‘$420.’
“And he didn’t say good job, bad job, nothing.”
Now, Sandy had thought that his father wanted the bull for slaughter, since it was June and Eddie was going to need a lot of ground beef tor the upcoming Portage fair. But when Eddie took a look at the size of the bull, he realized it was too big for him to slaughter. “It would have broken the hoist,” Sandy explained.
Instead, Eddie decided to ship the bull to Burns Meats in Winnipeg.
“We had a special relationship with Burns Meats,” Sandy explained. “We provided a lot of their kill on a weekly basis. And so they treated us well. And we always sold things dressed weight. So it didn’t matter if the thing was full of water, it was dressed weight on the rail.”
Another week went by, and Burns Meats had sent a cheque for the bull. It was for $1,000.
Eddie didn’t say anything immediately when he saw how much the cheque was for.
Sandy said though, that later that day, when “there’s a lull in the store at six o’clock – when everyone’s eating dinner…my dad said, ‘What did you think of the bull sale?’ I said, ‘Well, I think I should quit school. I’ll buy a bull or two a week. And I’ll make more than you’re making standing here in the store.’
“ ‘Yeah.’ he said, ‘Could you have bought it for $350?’ I said, ‘Should I have?’
“He said, ‘no.’ He said, ‘What if old man Schweitzer didn’t take your offer and shipped the bull himself?'”
Eddie did some figuring how much it would have cost Schweitzer to ship the bull and came to the conclusion that Schweitzer would have “got about $780, not $420.”
So he told Sandy to go back to Schweitzer’s and write him another cheque for $400.
Sandy said that when he went back to Schweitzer’s, “I didn’t know that old man Schweitzer had hair because I’d never seen him without” the white hard hat he always wore.
But, he said to Schweitzer: ” ‘Mr. Schweitzer, I made a mistake on the bull. I misjudged the weight. And I have a check here for you.’ And I slid the check across his round table.”
Schweitzer though, said that instead of accepting the cheque he wanted to sign it right back over – and use the money instead as credit for groceries in Sandy’s father’s store.
But when Sandy returned to the store with cheque in hand, as he described it: “My dad is in the corner at the store, leaning over looking out the door, and I see he’s tearing up the check that I gave him. And I said, ‘Why are you doing that? He said, ‘Well, let Trudeau pay for half his groceries.’ “
The moral of the story though – and one that Sandy says has stuck with him throughout his business career, was “I realized that we were succeeding. These were customers. We succeeded by helping others succeed.”
Sandy ventures into real estate at age 18
How Sandy Shindleman came to be involved in real estate is another good story. As he tells it, there was a certain real estate salesman in Portage by the name of Danny Maxwell. According to Sandy, Maxwell told him he had to work only a couple of hours a week in order to make what was a pretty good living, so the idea of venturing into becoming a real estate salesperson had great appeal for someone who was still a teenager.
As he says, “it seemed like an easier way to make a living than what we were doing – standing in the store, carrying bags of flour, sacks of potatoes and cutting meats, et cetera – and kind of being stuck in one place. So, it seemed to me that that was something that should be explored.”
Sandy wrote the real estate licensing exam while he was still in high school. The exam was proctored by the Yellowquill junior high school principal (which was, by the way, not the junior high school Sandy attended).
With real estate license in hand, Sandy decided to make the big move to Winnipeg – on his own.
His first sale, he says, came courtesy of Zivey Chudnow, who owned a building in the Inkster Industrial Park (at 11 Plymouth; it’s now an Amazon warehouse) that he wanted to sell.
Sandy explains that he got to know Zivey when Sandy was only five years old and “used to shag golf balls for him” in Clear Lake.
But, that first successful foray into the real estate business did not lead to a whole series of other successes. As Sandy notes, “after that, I couldn’t make another sale because who’s going to buy anything from an 18-year-old farmer who doesn’t know anything about real estate? In commercial real estate, your buyer knows more than you and the seller knows more than you, but to sell a house, you know, what do I know about a house? I lived in a house. That was about the extent of it.”
So, he thought he might have better luck trying to sell farms. After all, he grew up in Portage and knew a lot about farms. That, too, didn’t pan out: “I wasn’t that successful selling farms. I put an ad in the paper to attract buyers and I tried to sell farms,” but without any success.
Instead, he decided to try his luck at buying some properties himself. “I bought some commercial buildings in Winnipeg and Portage – old buildings, you know, two suites upstairs that shared a bathroom and, you know, old grocery stores that were junk. One of them is still standing, 618 Saskatchewan Avenue West. The other ones aren’t. They fell down, I imagine.”
Things started to change for the better though when Sandy (who, by this time was joined by his older brother Robert) saw an empty Co-op store at 1068 Henderson Highway. Next to it, he says, were “a library, car wash, a Dairy Queen, and a gas bar.” The Co-op owned everything, and Sandy decided to make an offer to purchase what is now known as Rossmere Plaza from the Co-op, which was accepted.
Shindico begins a long and successful relationship with the Akman family
The purchase was completed with the Akman family, and the project was managed and run by Shindico (Sandy says the development was originally built by the Simkin family in the 1960s.) For Sandy, making that first major acquisition proved to be the beginning of a long relationship with the Akman family – something that eventually ended with Shindico acquiring Akman Management in 2023 from Danny Akman.
It was not long after that Sandy saw another opportunity when an empty Loblaws store on Pembina Highway was also for sale. As he says, it was around 1982, and the market for retail was “dead… There were a lot of experienced people that did office leasing, industrial, land, and apartments But retail – there was no glamour in that, so it wasn’t crowded.”
I asked how he financed those early acquisitions? Sandy explained that there were a lot of trust companies at the time – almost all of which have disappeared, but they were willing to lend him money. His approach, he noted – and it’s been his approach throughout his business career, he said, is to “work backwards. I find out how much rent something could produce. And then how much would I have to spend to get that rent?
“Do I have to build a building? Do I have to renovate the building and buy the building? And would the rent allow me to borrow most of the money? Then I would know how much I could pay for it.”
In addition to the trust companies, there were a lot of other “small lending institutions” around that time, he said. Lending “was a competitive business” and Shindico was forging a reputation as a prudent manager with a sophisticated leasing platform, attractive to market tenants. Sandy noted, for instance, that in the early years a lot of the properties Shindico developed were formerly gas stations because gas stations were “closing at that time. The lots were too small for the kinds of uses that they (service stations) have now.”
Sandy also pointed out that a lot of the over 180 properties that Shindico has owned in Canada and the United States over the years, have had the same tenants, such as Domino’s Pizza and Macs Milk Stores. Shindico still owns and operates over 160 properties in Canada and the United States, he added.
But, as Shindico grew, it began to branch into other areas of real estate beyond strip malls. Later on in its growth, Shindico also began Big Box development with companies, such as Walmart, Best Buy, Costco, Real Canadian Superstore, Ashley Furniture, Sobeys, and Safeway. Shindico has also been active in the Tenant Representation business, finding suitable spaces for business like Sobeys, Starbucks, Boston Pizza, Popeyes Chicken and several more. Examples include Grant Park Festival and Grant Park Pavilions (on Taylor Avenue), which are continually expanding. Shindico’s most recent success has been to bring Costco to its Westport development in Winnipeg. This is a much needed fourth store in Winnipeg and will serve all of Western Manitoba, and bring an exciting mixed use development to the area.
A key milestone for Shindico was diversifying into the acquisition and management of apartment buildings in 1984 when it purchased: Number One Evergreen Place – where Sandy and his wife Diane lived for a time.
More recently Shindico has developed purpose built apartment buildings, starting with the Taylor Claire on Taylor Avenue (named for the Shindleman brothers’ mother), followed soon thereafter by the Taylor Lee (named after their good friend and contractor, Robbie Lee) just down the street. Sandy says there will be more apartment buildings on Taylor Avenue in the future.
I asked him why Shindico waited so long before it began moving into the building of apartment buildings? He answered that “I didn’t have the money. You need a lot of money. You know, you’re not pre-leasing them. I can’t get you to sign a lease for three years from now.”
Always cautious in his ventures, Sandy said that for years he also had wanted to get into the personal storage business. “I wanted to be in personal storage probably for 25 years,” he said, “but I couldn’t figure out how to get the equity to build one because again, you don’t sign a lease three years in advance for your personal storage. You can’t pre-lease it. You have to learn that business and learn the market before you could” get into it. But Shindico now owns two personal storage locations – one in Transcona and one on Waverley.
Shindico’s many generous contributions to Winnipeg…and Portage
If I had wanted to write a story detailing all the many facets of Shindico’s business, however, this already very long story could have gone on for many more pages – and even though I suppose anyone reading it might seem like it’s really just a promotional piece for Shindico, I would argue that Shindico is one of Winnipeg’s truly great success stories that doesn’t seem to get very much recognition in the media.
Shindico and the Shindleman family are proud supporters of the communities in which they live, work, and play. Through generous donations to the Health Sciences Centre Foundation and investment in the Shindleman Aquatic Centre in Portage la Prairie, the Willow Tunnel at Assiniboine Park & Zoo, The Canadian Museum for Human Rights and Edward Shindleman Park in Winnipeg, they continue to support important initiatives that are close to their hearts and provide access to great spaces for all to enjoy.
Shindico has produced a very slick four-minute video, which can be viewed on YouTube and the Shindico website, that highlights the tremendous growth that the company has undergone in its 50 years of existence, but my interest in writing stories that have a business component is to try and shy away from analyzing financial aspects that might make one business more successful than another. Instead, I’ve always been more interested in individuals’ personal stories – and what made them tick.
Sandy’s trip to Russia in 1991 – when Russia was in total upheaval
Since Sandy Shindleman is such a great story teller (which I first learned when I heard him at that Jewish Business Network meeting eight years ago), when I spoke to him for this story I asked him to repeat a story he had told about a trip he took to Russia back in 1991.
Sandy has often been called upon to give lectures about commercial real estate in a great many different cities, but it was that trip to Russia which might be the most memorable of any of his many trips.
Readers might recall that 1991 was one of the most turbulent years in Russian history. Mikhael Gorbachev, who was Soviet President and General Secretary of the Communist Party at the time, had announced that there were was to be a free election in what was then still the Soviet Union, but chaos was descending upon Russia as old-line Communists were reluctant to cede power and the pro-democracy forces, led by Boris Yeltsin, were anxious to democratize the country.
Sandy had been invited to give a lecture on commercial real estate by someone from within what was by then known as the Russian Federation (although he says he’s not really clear where the invitation came from). He recalls taking a flight from Montreal to Paris, then on to Moscow, where he was joined by two other guys who were also supposed to be giving lectures on real estate.
But, as Sandy describes it, “I landed and the other two men were there. And I didn’t realize that they were both former CIA guys, because they spoke Russian.”
All hell was breaking loose in Moscow at the time, but Sandy says he was totally oblivious to what was happening. “I didn’t know what was going on. There’s no television, there’s no Tom Brokaw explaining to us what’s going on. Bernie Bellan isn’t writing about it. There’s just a bunch of people running around, and we really didn’t know what we were looking at.”
I asked him whether he ended up giving a lecture? Sandy says he did, but “we were supposed to have simultaneous translation, which we didn’t. We had a guy – Vladimir, who was supposed to help,” but Sandy says he doesn’t really know what Vladimir’s role was.
Shindico moves into the construction business
Getting back to the current moment though, given Shindico’s tremendous growth, I wondered what might lie ahead for Sandy Shindleman. He says that the management of the company is in excellent hands, with Alex Akman now Chief Operating Officer, Leanne Fontaine, Chief Financial Officer, and Justin Zarnowski, In-House Legal Counsel.
That brought me back to asking about Shindico’s acquisition of Akman Management in 2023. According to a press release issued at the time, Akman Management portfolio consisted of “1,200,000 square feet of property across 1,000 multifamily units and 18 commercial assets.” The integration of Akman Management resulted in “a 42% increase in staff at the Shindico Group of companies”, and Sandy says “it was great to acquire a like-minded family style company made up of folks that you would want to have lunch with”.
The year 2023 was also an exciting one for Shindico in that it marked the founding of SNR Construction Ltd, a general contracting division in the Shindico Group of Companies. SNR recently completed an 84,000 square foot warehouse for Shindico in the St. Boniface Industrial Park, and is working on a wide array of multi family and retail projects across the Shindico portfolio.
Considering how successful Shindico has been, I wondered whether Sandy ever thought of taking Shindico public and allowing investors to buy stock in it?
Sandy says he’s not interested in going public, saying “we’re a family office, family business – Alex, Justin and Leanne and others. We’ve got a, a kind of a management group of at least a dozen… We’re just a small company…we can have the leverage of running real estate.”
By the way, Sandy’s brother Robert, Executive Vice President of the Shindico Group of Companies, is an important part of the organization, overseeing property development, operations, and management. Sandy’s wife, Diane, is also very involved in the businessm- as Executive Vice President, Finance. Their daughter, Annie, a graduate of Gray Academy, is currently enrolled in the Asper School of Business. “Perhaps, one day, my daughter might join us,” Sandy said, but in the meantime, as he says in the 50th anniversary Shindico video on YouTube, his goal for Shindico “for the next 50 years is supporting and leading all our professional management to grow.”
Features
Sheldon Adelson’s Campaign Against Online Gambling Regulation
Sheldon Adelson, the late billionaire casino magnate and founder of Las Vegas Sands Corporation, was a towering figure in the gambling industry and a polarizing force in the debate over online gambling regulation in the United States.
While many casino operators saw the internet as a new frontier for profit, Adelson waged a relentless campaign to block its legalization, citing moral, social, and business concerns.
His efforts, primarily channeled through the Coalition to Stop Internet Gambling, left a lasting impact on the regulatory landscape.
Let’s explore Adelson’s motivations, strategies, and the role of initiatives like Jackpot Sounds, a platform aggregating big online casino wins, in the broader context of the online gambling debate.
Jackpot Sounds: Celebrating Big Wins Amid the Debate
A 2023 report estimated that online gambling generated $5.7 billion in revenue in the U.S., a figure amplified by spotlighting success stories. It caused the rise of gamblers’ desire to address the big win replays. Platforms like Jackpot Sounds emerged, highlighting and aggregating big win replays as the enticement of online gambling.
The platform showcases real-time highlights of significant payouts, from slot machine jackpots to poker tournament victories, fostering community among online gamblers.
Jackpot Sounds captures the excitement of virtual jackpots, offering players a way to relive thrilling moments.
By curating content that celebrates high-stakes wins, Jackpot Sounds underscores the appeal that Adelson sought to suppress.
But what preceded this success of online gambling in the USA? How is Sheldon Adelson’s name related? While Adelson argued that such accessibility endangered society, Jackpot Sounds reflects the industry’s resilience and the public’s enthusiasm for digital gaming.
The Rise of Sheldon Adelson and His Casino Empire
Born on August 4, 1933, in Boston, Massachusetts, Sheldon Adelson grew up in modest circumstances.
By 12, he sold newspapers, showcasing an entrepreneurial spirit that defined his career. By 1995, Adelson had amassed wealth through ventures like the Comdex trade show, which he sold for $860 million.
He then focused on the casino industry, founding Las Vegas Sands Corporation. By 2019, his net worth was estimated at $35 billion, making him one of the world’s wealthiest individuals. His flagship properties, including The Venetian Las Vegas and Marina Bay Sands in Singapore, solidified his status as a global casino titan.
Adelson’s influence extended beyond business. A major Republican Party donor, he contributed over $90 million to political campaigns in 2012 alone, earning the moniker “kingmaker.”
His financial clout gave him significant leverage in Washington, D.C., which he later wielded in his fight against online gambling.
Adelson’s Stance on Online Gambling
Adelson’s opposition to online gambling emerged publicly in 2013, when he declared his intent to block its legalization in the U.S. Unlike competitors like Caesars Entertainment and MGM Resorts, who embraced online platforms, Adelson argued that internet gambling posed unique risks. In a June 2013 Forbes article, he claimed it could lead to financial ruin for vulnerable individuals, including those with student debt.
He also expressed concerns about underage access and the potential for money laundering, calling online gambling “a danger to society.”
Critics, however, pointed to a potential conflict of interest. Adelson’s brick-and-mortar casinos thrived on in-person gambling, and online platforms threatened to divert revenue.
A 2001 Las Vegas Sun article revealed that Adelson had once supported online poker, suggesting his later opposition might have been strategic. By 2014, he was unequivocal, stating, “I am willing to spend whatever it takes” to stop online gambling.
The Coalition to Stop Internet Gambling
In January 2014, Adelson launched the Coalition to Stop Internet Gambling (CSIG), a lobbying group designed to rally support for a federal ban on online gambling.
Headed by prominent figures like former New York Governor George Pataki, former Arkansas Senator Blanche Lincoln, and former Denver Mayor Wellington Webb, CSIG aimed to influence lawmakers and the public.
The coalition’s website warned that online gambling “crosses the line of responsible gaming” by bringing casinos into “living rooms and smartphones.”
CSIG employed aggressive tactics, including:
- Media Campaigns: In February 2014, CSIG released an ad titled “Don’t Let the Games Begin,” claiming online gambling could fund terrorism and harm families.
- Lobbying Efforts: By 2015, CSIG had enlisted dozens of lobbyists, including former Mississippi Governor Haley Barbour, to push for legislation.
- Political Alliances: Adelson secured support from governors like Rick Scott of Florida, who received $750,000 in campaign contributions from Adelson between 2010 and 2014.
The coalition’s efforts gained traction. In March 2014, 16 state attorneys general co-signed a letter to Congress urging a ban on online gaming. CSIG also influenced the American Gaming Association, which dropped its support for online gambling in 2014 after pressure from Adelson.
Legislative Push: The Restoration of America’s Wire Act
Adelson’s campaign focused on reinstating a broad interpretation of the 1961 Wire Act, which prohibited interstate wagering.
In 2011, the Department of Justice (DOJ) had issued an opinion stating the Wire Act applied only to sports betting, opening the door for states like New Jersey, Delaware, and Nevada to legalize online gambling. Adelson sought to reverse this.
On March 26, 2014, Senator Lindsey Graham and Representative Jason Chaffetz introduced the Restoration of America’s Wire Act (RAWA), a bill backed by Adelson to ban most forms of online gambling.
The legislation gained co-sponsors, including Senators Dianne Feinstein and Marco Rubio, and was reintroduced in February 2015. Adelson met House Speaker John Boehner in January 2015 to push RAWA, leveraging his $13.2 million in donations to Republican causes in 2014.
Despite these efforts, RAWA faced opposition from a coalition of casino operators, poker players, and states’ rights advocates.
By 2016, the bill had stalled in Congress, unable to overcome resistance from figures like New Jersey Governor Chris Christie, who legalized online gambling in his state in 2013.
Adelson’s Influence on the Department of Justice
Adelson’s campaign reached a high point in 2018, when the DOJ revisited its 2011 Wire Act opinion.
On November 2, 2018, the DOJ’s Office of Legal Counsel issued a new memo, released publicly on January 14, 2019, declaring that the Wire Act applied to all forms of online gambling, not just sports betting.
This reversal threatened the legal frameworks in states like New Jersey and Pennsylvania, which had generated $200 million in tax revenue from online gambling by 2017.
The timing raised suspicions. Adelson and his wife, Miriam, donated $113 million to Republican causes in 2016, including $20 million to Donald Trump’s campaign. In January 2017, then-Attorney General Jeff Sessions, who received campaign support from Adelson, expressed shock at the 2011 opinion and vowed to review it.
A February 2017 memo from former CSIG lobbyist Charles Cooper mirrored the DOJ’s 2018 arguments, prompting speculation of Adelson’s influence. In 2019, New Jersey and Pennsylvania attorneys general filed Freedom of Information Act requests seeking evidence of lobbying by CSIG and Adelson.
Resistance and Industry Pushback
Adelson’s efforts faced significant opposition. Caesars, MGM, and the American Gaming Association formed the Coalition for Consumer and Online Protection (C4COP) in February 2014 to counter CSIG’s narrative.
Led by former Representative Mary Bono and former Financial Services Committee Chairman Mike Oxley, C4COP argued that regulation, not prohibition, ensured consumer safety. A January 2014 poll by North Star Opinion Research, commissioned by C4COP, found that 74% of voters favored state-by-state legalization over a federal ban.
The Poker Players Alliance also mobilized, urging members to flood lawmakers’ social media with pro-gambling messages.
By 2015, states like Nevada, New Jersey, and Delaware had generated $2 billion in online gambling revenue, bolstering arguments for regulation. Critics like Jan Jones Blackhurst of Caesars called Adelson’s approach “counterproductive,” accusing him of fostering an unregulated black market.
Adelson’s Legacy and Ongoing Impact
Sheldon Adelson passed away on January 11, 2021, at the age of 87, but his campaign against online gambling left a complex legacy. While RAWA never passed, the 2018 DOJ memo slowed the expansion of online gambling, creating uncertainty for operators.
By 2023, only seven states had fully legalized online casino gaming, compared to 38 for sports betting, partly due to Adelson’s influence.
However, the industry continued to grow. A 2024 report projected U.S. online gambling revenue to reach $7.6 billion by 2026.
Adelson’s moral arguments resonated with some lawmakers, but critics viewed his campaign as defending his land-based empire. As Mary Bono noted in 2014, “It’s impossible to stand in the way of the internet.”
Conclusion
Sheldon Adelson’s battle against online gambling, spearheaded by the Coalition to Stop Internet Gambling, was a high-stakes effort to shape the industry’s future. From launching CSIG in 2014 to influencing the DOJ in 2018, Adelson used his wealth and political connections to advocate for a federal ban.
Yet, platforms like Jackpot Sounds highlight the enduring appeal of online gambling, celebrating wins that Adelson sought to curtail. While he delayed regulation in some areas, the momentum for legalization persisted, reflecting the challenges of containing a digital revolution.
Adelson’s story is a testament to the power—and limits—of influence in a rapidly changing world.
Features
How To Earn Money with Cryptocurrency From Home
If you’re looking for new ways to make money from home, there’s a modern way to do it. Cryptocurrency has opened up new opportunities for making money online. With the right approach, you can generate income without leaving your house. Whether you want to invest, trade, or earn through other methods, there are various ways to profit from digital currencies. For instance, Canadian poker players take advantage of crypto-friendly platforms to play from home and cash out in Bitcoin or other digital currencies. These platforms provide customers various benefits and attractions that make online gambling a great way to earn money from home, while also having fun.
Understanding Cryptocurrency
Before diving into ways to make money, it is important to understand what cryptocurrency is. It is a digital form of money that operates on blockchain technology.
Unlike traditional currencies, it is decentralized and not controlled by any government or central bank. The most well-known cryptocurrency is Bitcoin, but there are thousands of others, including Ethereum, Litecoin, and Solana, and even plenty of meme coins to choose from.
Trading Cryptocurrency
One of the most popular ways to earn money with cryptocurrency is through trading. This involves buying and selling digital coins to take advantage of price changes.
Day Trading
Day trading is for those who want to make quick profits by buying and selling cryptocurrencies within the same day. It requires monitoring price charts and market trends. Since prices can be volatile, traders must act quickly to capitalize on short-term price movements.
Swing Trading
Unlike day trading, swing trading focuses on medium-term price trends. Traders hold onto their assets for days or even weeks, waiting for a better price before selling. This method requires patience and a good understanding of market trends.
Holding
HODLing is a long-term investment strategy. Investors buy cryptocurrencies and keep them for an extended period, expecting the value to rise over time. This method is ideal for those who believe in the long-term potential of digital currencies and prefer a hands-off approach.
Earning Through Staking
Staking allows cryptocurrency holders to earn passive income by participating in the network of a blockchain. By holding certain cryptocurrencies in digital wallets, users help validate transactions and secure the network. In return, they receive rewards in the form of additional coins. Some popular staking coins include Ethereum, Cardano, and Polkadot.
Mining Cryptocurrency
Mining is another way to generate income from home. It involves using computer power to validate transactions and add new blocks to the blockchain. Miners are rewarded with cryptocurrency for their efforts.
While Bitcoin mining requires expensive equipment and high electricity costs, other cryptocurrencies like Litecoin and Monero can still be mined using regular computers. Some mining pools allow individuals to combine their computing power with others to increase their chances of earning rewards.
Earning Through Airdrops and Forks
Airdrops occur when cryptocurrency projects distribute free tokens to wallet holders as part of a promotion. These giveaways help new projects attract attention. To receive airdrops, users often need to hold a specific cryptocurrency or complete simple tasks like signing up for a newsletter or following a project on social media.
Forks happen when a blockchain splits into two. If you hold a cryptocurrency that undergoes a fork, you may receive new coins based on the amount you already own. This provides an opportunity to make money without additional investment.
Participating in Play-to-Earn Games
The rise of blockchain gaming has created new opportunities for earning cryptocurrency from home, while also having a little fun. Some online games reward players with digital assets for completing tasks, winning battles, or progressing through levels. These assets can be sold or traded for real money.
Many play-to-earn games operate using NFTs, which allow players to own and trade in-game items. Popular games in this space include Axie Infinity, The Sandbox, and Gods Unchained.
Creating and Selling NFTs
Non-fungible tokens have created new earning possibilities for digital artists, musicians, and content creators. NFTs are unique digital assets stored on the blockchain, representing ownership of artwork, music, videos, and virtual collectibles.
Artists can create NFTs and sell them on marketplaces making them a great way to raise your income from home. Some NFTs have sold for thousands or even millions of dollars, making this a profitable option for those with creative skills.
Earning Crypto Through Affiliate Programs
Affiliate programs allow individuals to earn cryptocurrency by promoting products and services. Many crypto exchanges, wallets, and investment platforms offer referral programs where users receive rewards for bringing in new customers.
By sharing referral links on social media, blogs, or YouTube channels, users can generate a steady income stream. The more people who sign up using their link, the more they earn.
Crypto Lending and Yield Farming
Crypto lending allows investors to earn interest by lending their digital assets to others, of course, you will need to have a crypto to lend in the first place to make money through this method.
Yield farming is another way to earn passive income. It involves providing liquidity to decentralized finance platforms and earning rewards in return. This method can be profitable but carries risks, including market fluctuations and smart contract vulnerabilities.
Freelancing for Crypto Payments
Many online platforms and businesses pay freelancers in cryptocurrency for their work. Writers, developers, graphic designers, and marketers can find gigs that offer digital currency as payment.
There are plenty of websites out there that can help connect freelancers with clients who prefer paying in Bitcoin or other cryptocurrencies.
By offering services in exchange for cryptocurrency, freelancers can avoid traditional banking fees and receive payments faster.
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Understanding different payment methods in online casinos
Payment methods have been a hot topic of conversation in the casino gaming world since the inception of online casinos. Before the internet changed the entire fabric of this industry, there were a relatively small number of ways to deposit money in a casino. Many land-based casinos have ATMs, others accept cheque payments as withdrawals and deposits, and others pay out larger amounts in cash or bank transfers.
Of course, Visa and Mastercard have been widely accepted in land-based and digital casinos for decades. But compared to the way the market is now, with a whole range of e-wallets and digital payment options, the number of possibilities has soared.
Today, we’ll review the popular payment methods, some of which experts believe could disrupt the industry, and other options that have started to connect with casino gaming audiences in Canada and further afield.
Prepayment vouchers
In the modern casino market, digital wallets and internet-based payment services have become dominant forces in casino gaming. Prepayment services have exploded in popularity over the last 25 years, and services and platforms such as Neosurf have been able to carve out a slice of this market for themselves.
As the Canadian market expands, prepayment options such as Skrill and Paysafecard have emerged as deposit options for gamers looking to deposit first and pay later. Neosurf is widely used in casino gaming, offering e-wallet and account functionality. Knowing where you can find the best Neosurf casinos is a good move, as dozens of highly reputable providers provide a facility for Neosurf customers to play casino games.
However, in a vast and competitive casino gaming market, casinos that simply focus on one type of payment method face an uphill challenge in an industry where scope of choice is becoming more of a selling point.
E-wallet payment options
While PayPal and Neteller might have been the first companies to highlight the potential for e-wallets to exist as payment methods in the online casino business, they have morphed into an entirely different market to that of 20 years ago.
Options such as Apple Pay and Google Pay have surged in popularity. While they work similarly to PayPal and Neteller, for the tens of millions of people who have added their debit card to their phone wallet, it’s a simple case of selecting either Apple Pay, Android or Google Pay, depending on the type of mobile device you use. Your card information syncs immediately to the site, and you can deposit within seconds.
It’s faster than entering your card details. It integrates the biometric face ID or your passcode, depending on which one you use on your mobile device. If you experience any issues, you can immediately freeze your Apple Pay card, meaning nobody can withdraw any funds.
Traditional methods
Millions of online casino gamers opt for traditional payment options. We’ve touched on some of these, including PayPal and Visa. However, despite the rise of e-wallet payment options and more contemporary types of payments such as cryptocurrency, there’s still a vast, dominant market for Visa and Mastercard – which are two of the oldest and most traditional payment methods still available in the casino gaming industry, both online and land-based.
Of all the key tips to use the internet safely, several high-profile anti-fraud campaigns focus on traditional payment options. While entering your card details, CVV number and expiry date into the wrong site can be disastrous, many stopgaps are in place, including suspicious transaction flagging from both Visa and your bank, which can stop criminals dead in their tracks.
That said, handing out such information is still not a good idea. This is why you should always research a casino before you use it. Once you ensure they have a watertight security system and have not been subjected to a data breach, you can deposit your funds with greater confidence. It also pays to keep updated with the latest cybersecurity news, including sophisticated phish-free phishing attacks, one of the latest emerging threats.
The future of payment methods in online casino gaming
Cryptocurrency and blockchain systems are the latest methods that have become popular in the online casino world, although they might not have the visibility or the same level of mass adoption that we have seen with other payment options over the last few years.
It does feel like there’s room for Bitcoin and altcoins to become players in the future. Not only do they have the appeal to branch into a broader market, but by utilizing and leveraging the power of the blockchain, users can deposit and withdraw their funds directly to their crypto wallet without having to enter their card details.
In the event of a cyberattack, a cryptocurrency casino’s main wallet is often targeted for funds, but criminals rarely try to extract databases of information.
The added convenience and potential security could be the two main pillars that bring cryptocurrency alongside some payment systems that have been present in the casino gaming world for decades. There are still other variables to consider here – most crucially, regulation. However, if these obstacles can be overcome, crypto could spearhead the growth of online casinos into the 2030s.
Final thoughts
You could find platforms with two dozen payment options, depending on the casino site you use. Many of the large providers offer as many payment options as possible. Other sites, such as niche casinos that don’t have the same market share, will only focus on cryptocurrencies such as Bitcoin, Ethereum and XRP.
However, regardless of the payment options you encounter in an online casino, they will often fall into three categories: e-wallets, traditional payment systems or niche digital-specific payment options, such as cryptocurrency. We wouldn’t recommend seeking the niche options if you do not understand how they work.
Understand the mechanics of these payment systems and what drives the market. Once you know the payment option, whether cryptocurrency or Apple Pay, you can test the waters and experience how it works in the broader online casino gaming industry.