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Industry
April 28, 2025
Macau May Cut Ties with US Concessionaires if US-China Relation Worsens
Fitch Ratings predicts possible headwinds for the three US-based Macau concessionaires due to the economic shifts. In an unlikely but possible worst-case scenario, Macau might decide to end its relationship with the three companies, Fitch experts suggested. Fitch Emphasized That the Worst-Case Scenario is Still Unlikely The three US-based Macau concessionaires include Las Vegas Sands, […]
Industry
April 28, 2025
Offshore Firms Still Command Large Chunk of Ontario iGaming
The Ontario iGaming market recently celebrated its third birthday. Since launching online gambling on April 4, 2022, the province has quickly become one of the most attractive gaming markets in North America and perhaps globally. Despite that, however, recent figures show that unregulated gaming continues to be a problem. Most Players Choose Regulated Gaming The […]
Industry
April 28, 2025
Casino Lawsuits Haunt Billionaire Tapped by Trump to Lead NASA
Jared Isaacman, the billionaire businessman famous for his private space trips with SpaceX, might soon step into one of the most well-known jobs in American science. President Donald Trump has put Isaacman’s name forward to run the National Aeronautics and Space Administration (NASA). This choice has sparked both enthusiasm and close examination. Trump’s NASA Nominee […]
Industry
April 25, 2025
Prediction Markets Skeptical of Third Trump Term Despite 2028 Merch
US President Donald Trump may be serious about trying to run for office for a third time, after all. While prediction markets remain skeptical that he will be allowed to do so, this didn’t stop The Trump Organization from launching official Trump 2028 merchandise. Trump Apparel Suggests President Is Eyeing Third Term The Trump administration […]
Industry
April 25, 2025
Norway Reports Decline in Foreign Operator Market Share
Norway’s Lottery Authority has published its latest gambling market review, pointing to a sharp withdrawal by unlicensed international gambling operators from the Norwegian marketplace and highlighting fresh concerns over risky gaming behavior among younger players. Meanwhile, the nation continues its ongoing efforts to democratize its gambling market and follow the example of other leading European […]
Industry
April 25, 2025
Sri Lanka Takes Decisive Step Toward Gambling Regulation
Sri Lanka is pushing for a landmark policy shift as the Cabinet of Ministers approved a draft bill to establish the country’s first comprehensive gambling regulatory framework. Lawmakers hope the new authority will help curb the proliferation of black market operators, usher in enhanced consumer protections, and ensure the nation receives adequate financial contributions from […]
Industry
April 24, 2025
Macau Pressures Casinos to Step Up Non-Gaming Investment
As Macau’s post-COVID recovery delivers steady, rather than spectacular, financial results, local authorities continue to remind gaming concessionaires of their obligations to support diversification initiatives. Macau Secretary for Economy and Finance Tai Kin Ip has taken charge of these efforts, hoping to hasten the region’s evolution into a leading tourism destination. The Government Is Tightening […]
Industry
April 24, 2025
Nebraska Pulls the Plug on Online Sports Betting Resolution
Nebraska legislators have voted against proceeding with a ballot measure that would have legalized mobile sports betting in the Cornhusker State. On Wednesday, State Sen. Eliot Bostar officially pulled Legislative Resolution 20CA, his proposed constitutional amendment, after it became clear the legislation didn’t have the votes to overcome a filibuster and move on to a […]
Industry
April 24, 2025
Horseracing Industry People Board Secures $1M in Funding
The Horseracing Industry People Board (HIPB) in the UK announced that it has secured a total of £759,000 (approximately $1 million) in funding from the Racing Foundation and Horserace Betting Levy Board (HBLB). The money would help the former group’s workforce-related initiatives for 2025. The Funding Will Support HIPB’s Workforce Strategy According to the announcement, […]
Industry
April 24, 2025
Bally’s Chicago IPO Faces Legal Challenges
Bally’s Corporation has published an update on its Chicago Casino plans, warning that the planned initial public offering faces certain legal headwinds, which could incur “significant costs.” Many Are Unhappy with the Offering’s Restrictions For context, the development of Bally’s Chicago Casino has long been marred by certain financial concerns. Because of that, the company […]
