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Casino
February 26, 2024
New Jersey Provides Municipalities with $100M for Boardwalk Repairs
New Jersey Governor Phil Murphy decided to provide Atlantic City with a $20 million grant. The funding is part of a $100 million initiative that will allow local municipalities to restore their boardwalks. The money is a leftover from the American Rescue Plan and will see New Jersey take care of its signature boardwalks. Originally […]
Casino
February 26, 2024
Nevada Gaming Commission Changes Rules for Independent Agents
Across the globe, gambling operators enter into arrangements with individuals who help them bring high rollers to their casino floors. Companies that offer such activities are known as junket operators across Asia. In the United States, people who help bring high rollers to casinos are known as independent agents. It’s not a surprise that licensed […]
Casino
February 26, 2024
Missouri Treasurer Defends Slot Machine Decals Amid Criticism
Missouri State Treasurer Vivek Malek has reinforced his stance regarding the presence of his name on decals affixed to unregulated slot machines distributed by Torch Electronics, a company with strong political ties. Slot Machine Decals Promote State’s Unclaimed Property Program Despite criticism and calls for removal from some quarters, Missouri Treasurer Vivek Malek remains resolute […]
Casino
February 23, 2024
Fanatics Rolls Out iGaming and Sports Betting App in Michigan
Fanatics Holdings, the global digital sports platform, announced that its subsidiary, Fanatics Betting and Gaming, the leading betting and gaming platform, rolled out Fanatics Sportsbook and Casino in Michigan. The launch, completed on Thursday, enabled residents and visitors of the state to download Fanatics Sportsbook for Android and iOS devices and engage in exciting online […]
Casino
February 22, 2024
Playtech Agrees to Deliver Live Casino Games for Veikkaus
The leading supplier of content and technology, powering online gambling operators across the globe, Playtech, confirmed a strategic partnership with the Finnish state-owned and monopoly operator, Veikkaus. The company disclosed details regarding the new collaboration on Thursday. Under the terms of the new agreement, Playtech agreed to power Veikkaus’ offering by delivering an extensive range […]
Casino
February 21, 2024
US Commercial Gaming Industry Thrives in 2023, Setting Record Highs
The commercial gaming industry in the United States has experienced a remarkable surge in revenue, marking its third consecutive year of record-breaking financial success. According to the latest report from the American Gaming Association (AGA), the industry’s annual revenue reached an unprecedented $66.5 billion in 2023, surpassing the previous year’s high by a substantial margin. […]
Casino
February 20, 2024
MGM Resorts Gives Up on Dubai Casino Plans, at Least for Now
Casino and hospitality giant MGM Resorts is giving up on its plans for a Dubai casino, at least for now. Despite that, the company is bullish on seeing its resort megaproject through, with or without a casino. For reference, MGM’s plan for The Island is to construct a three-hotel complex, combining an Aria, an MGM […]
Casino
February 19, 2024
Star Entertainment Formalizes NSW Jobs Guarantee, Cashless Gaming Trial
The Star Entertainment Group announced that it has formalized the previously announced aspects of the arrangements agreed in principle with the NSW Treasurer, Daniel Mookhey, securing the company’s jobs commitment and cashless trial. In line with the initial agreement from August 11, 2023, The Star entered into a Jobs Guarantee Agreement with the state of […]
Casino
February 19, 2024
New Jersey Sees Historic Surge in Gambling Revenue Amidst Changing Landscape
In a month marked by unprecedented highs for New Jersey’s gambling industry, the state shattered multiple revenue records in January, signaling a robust start to 2024. However, amidst the celebration, there was a notable occurrence as traditional in-person casino earnings experienced a decline. Internet Gambling and Sports Betting Reach Historic Highs in New Jersey According […]
Casino
February 16, 2024
Study Shows Online Gaming Boosts Traditional Casino Revenue
A recent study has challenged the long-held belief that online gaming poses a threat to brick-and-mortar casinos. Commissioned by the iDevelopment and Economic Association (iDEA Growth) and conducted by Eilers & Krejcik Gaming (EKG), the study suggests that far from cannibalizing traditional casino revenue, online gaming might actually be enhancing it. Online Gaming Boosts Brick-and-Mortar […]
