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Jerome García's latest articles
Jerome García
JournalistJerome brings a wealth of journalistic experience within the iGaming sector. His interest in the industry began after graduating from college, where he regularly participated in local poker tournaments. This exposure led him to the growing popularity of online poker and casino rooms. Jerome now channels all the knowledge he's accrued to fuel his passion for journalism, providing our team with the latest scoops online.
Business
April 16, 2024
Analysts Bullish on MGM Resorts Stock for Near-Term Rebound
MGM Resorts International, the globally recognizable entertainment and gaming operator, received a “Buy” rating for its stock by an expert analyst, while another firm recently highlighted the possibility for the company’s stock to rebound, despite recent dips. As of the market close on Monday, April 15, 2024, MGM’s stock traded at $42.85 per share. A […]
Legal
April 16, 2024
MGM Seeks to Block FTC’s 2023 Cyberattack Investigation with Lawsuit
In September, MGM Resorts International, the leading gaming and entertainment company, fell victim to a group of hackers. The actions of the suspected “Scattered Spider” group resulted in disruptions in the company’s operations for approximately one week. The local impact was related to missing amenities and inconvenience created for MGM guests. But the wider impact […]
Business
April 15, 2024
Indiana Betting Handle Soars in March but Revenue Dips
March proved to be a busy month for licensed sports betting operators in Indiana, newly released data by the gambling regulator in the state, the Indiana Gaming Commission (IGC), reveals. The total betting handle reported by operators in March hit $500.8 million. This result, compared to the $433 million figure reported for the same period […]
Industry
April 15, 2024
Illinois: Homer Glen Weighs Ban on Video Gambling at Truck Stops
Sports betting and casino gambling is spread across the United States with a handful of stats not offering such activities. While in general, lawmakers take decisions for gambling on a state level, different municipalities can enforce additional restrictions, implementing slight changes to the regulations to match the views of the local communities. In a meeting […]
Industry
April 15, 2024
Star Sydney’s Gaming Team Accused of Alleged Records Falsification
Regulatory breaches by one of the largest gaming and entertainment operators in Australia, Star Entertainment Group, tangled the group into prolonged scrutiny. In New South Wales and Queensland, the company was found unsuitable to hold a license, requiring it to make robust changes to its operations. On the path to regulatory compliance, Nicholas Weeks was […]
Business
April 15, 2024
Sinclair Broadcast Group Divests 7.91M of Bally’s Shares
The leading gaming and entertainment company, Bally’s Corporation, announced it registered to sell some 7.9 million shares on behalf of SBG Gaming LLC, a company that is a wholly-owned subsidiary of Sinclair Broadcast Group Inc. Details regarding the divestment came from a Form S-3 filing with the Securities and Exchange Commission (SEC) dated April 12, […]
Industry
April 15, 2024
Text Messages Unveil Star’s Plot against NSW Regulator
For the last few years, Star Entertainment Group, the leading gaming and entertainment company in Australia, has been at the center of a massive scandal related to regulatory failings. Inquiries into the company’s operations found it unsuitable to hold a casino license in Queensland as well as New South Wales (NSW). Regulatory action was taken […]
Poker
April 15, 2024
Nevada Prepares for Online Poker Resurgence
Despite being legal for more than a decade, online poker never gained much speed in Nevada. The activity was legalized back in 2013 and initially, three operators launched their services to customers in the state. Sadly, out of the three, only the Caesars Entertainment-owned brand, World Series of Poker (WSOP), via WSOP.com remained. In an […]
Lottery
April 12, 2024
Mega Millions Jackpot Surpasses $100M for Upcoming Drawing
Late last month, an incredibly lucky player from New Jersey hit the jackpot from Mega Millions. To win the mind-blowing $1.13 billion jackpot, the player guessed correctly all winning numbers from one of the last drawings for last month. The $1.13 billion jackpot marked the fifth-largest grand prize for the lottery game. The largest-ever Mega […]
Casino
April 12, 2024
Two Rolls Royce Cars Owned by IPI Sold for $333K
Two luxury Rolls Royce vehicles, part of the assets of Imperial Pacific International (IPI) LLC, the troubled Saipan casino operator, were up for sale via an auction that closed on April 11. The luxury cars were able to find new owners, after the company in charge of auctioning the assets, Clear Management Ltd, confirmed the […]
