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.
Industry
January 10, 2024
Caesars May Divest Two Properties This Year, Suggests Analyst
Divestment of assets isn’t uncommon for gambling operators across the globe. If a certain digital asset is a burden or a specific property is underperforming, operators often explore a wide range of options, including potential sales or mergers. Currently, the leading gaming and entertainment company, Caesars Entertainment, has four casinos across Indiana. The list of […]
Business
January 10, 2024
Analyst Lowers Price Target on Caesars Stock Due to F1 Performance
In November, the Las Vegas Grand Prix, one of the much-anticipated events for Formula 1 fans, wrapped up. While the event attracted visitors from across the globe, its impact wasn’t as strong as initial expectations, at least for Caesars Entertainment. In a newly released report by CDC Gaming Reports, Joseph Greff, an analyst for J.P. […]
Legal
January 10, 2024
Gamesys Hit With £6M Fine from the UK Gambling Commission
The gambling regulator in the UK, the Gambling Commission, is tasked with the regulation of such activities in the country. The Commission constantly monitors the market, ensuring licensees comply with the established regulations and the conditions of their license. Whenever breaches are uncovered, the regulator imposes penalties, and this is precisely the case with Gamesys […]
Industry
January 10, 2024
Georgia Lawmakers to Resume Betting Legalization Efforts
Since 2018 when the US Supreme Court struck down PASPA, sports betting has been rapidly expanding across the country. To date, 37 states and DC offer some form of sports wagering and enjoy the benefits the legal activity brings. While some US states have already legalized the activity, lawmakers in a handful of states are […]
Industry
January 9, 2024
Idaho Resident Allegedly Threatens Deputy at Jackpot Casino
Cactus Petes Resort Casino is a premium entertainment and gaming destination located in Jackpot, Nevada. Recently, one visitor of the casino was arrested after he allegedly took out a knife when approached by law enforcement. A report released by Elko Daily reveals that the individual, identified with the initials, R.J.C., 41, of Idaho, was arrested […]
Business
January 9, 2024
Genting Singapore May Consider Thai IR Investment, Analyst
Genting Singapore, the operator of Resorts World Sentosa, a leading casino and entertainment venue located in Singapore, may consider investment in an integrated resort (IR) in Thailand, a new report suggests. According to Samuel Yin Shao Yang, a leading analyst with investment bank Maybank, there is an opportunity for the operator to pursue options for […]
Business
January 9, 2024
Entain Withdraws from More than 140 Unregulated Markets
The leading global gaming and betting operator, Entain, started to withdraw from unregulated gambling markets across the globe back in November 2020. Since then, the company has exited many jurisdictions and as of the end of last year operates only in regulated markets. Only recently, Entain completed an initiative that was referred to internally as […]
Industry
January 9, 2024
Carer Steals £75K from Thunderbirds Award-Winning Writer
Gambling addiction can often have dire consequences for the people suffering from it and even their families. People addicted to gambling can engage in criminal activities such as thefts and robberies. In one such case, a carer, who abused his position, allegedly stole hundreds of thousands of pounds from an Emmy award-winning film writer and […]
Industry
January 8, 2024
More than $42bn Wagered Online through Suncity, Claims Report
Suncity Group, once a leading casino junket, was responsible for some RMB300 billion ($42 billion) in wagers via online gambling activities, a report released by China Central Television (CCTV) reveals. Details emerged Monday with the report claiming that the junket operator benefitted from some RMB8.7 billion ($1.22 billion). Currently, online gambling activities are prohibited in […]
Business
January 8, 2024
Entertainment Executives Part Ways with Caesars, Suggests Report
The second-largest gaming and entertainment operator on the Las Vegas Strip, Caesars Entertainment, parted ways with up to ten of its entertainment executives, a new report claims. As announced by the Las Vegas Review-Journal last week, up to ten high-ranking entertainment executives were left out. The latest report cites sources close to the matter, yet […]
