Jerome García's latest articles
Jerome García
Senior JournalistJerome provides expert industrial analysis, exploring the shifting dynamics of emerging markets throughout the digital age. With a background in applied economics, he decodes how rapid digitalization and tech infrastructure disrupt traditional supply chains. His data-driven insights empower global investors and executives to navigate volatile economies and capitalize on untapped, high-growth opportunities worldwide.
Lottery
June 20, 2024
NSW: Lucky Lottery Player Wins AU$40M Jackpot from Powerball
Powerball launched in Australia nearly three decades ago back in 1996. Since then, the popular lottery game made many people millionaires, giving prizes on a weekly drawing that takes place every Thursday night. The latest drawing saw a person from New South Wales become the newest millionaire from the popular game. The person, whose name […]
Industry
June 20, 2024
Police in Reno Arrest Woman Who Climbed on Craps Table, Threw Chips
A person who allegedly acted inappropriately inside a Reno casino was recently arrested and reportedly faces several charges. The incident dates to Saturday afternoon when one patron of the Silver Legacy Casino unexpectedly jumped on top of a craps table. The person then started throwing chips around to the surprise of all nearby casino guests […]
Industry
June 20, 2024
Another Tory Candidate under Scrutiny Due to Alleged Election Betting
Earlier this month, media outlets reported that Craig Williams, a senior aide of Rishi Sunak, allegedly placed a wager on the date of the upcoming general election in the country. This prompted an investigation by the UK Gambling Commission over political betting. Allegations against Williams claim he put a £100 bet on the upcoming elections […]
Industry
June 20, 2024
Olympia Gaming Launches Investigation after Disruption from Cyberattack
Cyberattacks can have a detrimental impact on the operations of different businesses. In general, companies that have large databases or operate with large amounts of money such as casinos, banks or different financial institutions are usually prime targets for hackers’ attempts. This is precisely the case of a northern Nevada casino operator that has become […]
Lottery
June 19, 2024
Maryland Lottery Player Uses Personal Set of Numbers, Wins $50K
Some lottery players prefer using a specific set of numbers in every draw. Others believe that random numbers for every play may bring them better chances. Whatever the case is, every win brings excitement. Earlier this week, we told the story of a Michigan lottery player who followed his father’s advice to pick a set […]
Legal
June 19, 2024
FTC Seeks Response from MGM Resorts in Cyberattack Case
Last autumn, MGM Resorts, the leading gaming, entertainment and hospitality giant, became a victim of a cyberattack. Hackers were able to disrupt the operator’s business leading to missing amenities and other inconveniences for the guests in a move that ultimately resulted in $100 million in lost EBITDA for the company. An investigation attempt was made […]
Industry
June 19, 2024
Wrongful Death Trial Begins over Patron’s Passing in California Casino
Earlier this week, a state court jury in California heard the opening statements in a lawsuit alleging wrongful death at a casino in Bell Gardens. The incident dates back to 2022 when one casino patron, Jonathan Jung, passed away after being restrained by casino security at the Bicycle Casino. Family members of the deceased patron […]
Business
June 19, 2024
MGM China Confirms International Notes Offering for Professional Investors
The leading entertainment and casino operator that owns a luxury resort in Macau, MGM China Holdings Ltd., confirmed its plans to issue notes to professional investors internationally. The announcement came as a part of a Hong Kong Stock Exchange filing released earlier this week. In its filing, MGM China revealed that by issuing notes to […]
Business
June 19, 2024
Wynn Aims at Leading Cash Flow Margin amid Funding for UAE Project
Currently under development, Wynn Al Marjan Island, a new luxury resort located in Ras Al Khaimah, United Arab Emirates (UAE), represents an investment of $4 billion. Wynn Resorts’ share in that investment is approximately $900 million. A newly released report acknowledged the importance of the project for the leading gaming and entertainment company, pointing to […]
Sports
June 18, 2024
Barstool’s Boss Portnoy Wins $1.6M on Celtics Parlay Bet with DraftKings
Barstool Sports’ boss and passionate bettor, Dave Portnoy, is recognized for his hefty wagers on major sports events. Earlier this year, the seasoned bettor was able to turn a $600,000 wager into a massive $2.76 million win after the UConn Huskies won against the Purdue Boilermakers. Sharing his excitement via X, formerly Twitter, Portnoy wrote […]
