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Industry
January 18, 2024
Marina Bay Sands Pours $750M into Second Phase of Hotel Renovation
The premier business, entertainment and leisure destination, Marina Bay Sands, confirmed the launch of the second phase of its reinvestment program on Thursday. The next phase of the venue’s transformation represents a reinvestment of $750 million. The second phase of Marina Bay Sands’ redevelopment will help transform Tower 3, ensuring the integrated resort remains a […]
Industry
January 17, 2024
Alabama Lawmakers Want to Crack Down on Illegal Gambling
Alabama’s new legislative session is just around the corner, sparking theories about whether lawmakers will try to get gambling legalized. However, one lawmaker is focusing his efforts elsewhere, opting to instead push for a shutdown of illegal gambling operations. For reference, gambling in Alabama is currently prohibited by the state’s constitution. This means that even […]
Industry
January 17, 2024
Criminal Justice Bill Would Allow UKGC to Request IP Blocks
The United Kingdom’s new Criminal Justice Bill is set to provide the Gambling Commission (UKGC) with extra powers, allowing it to request the blocking of unlicensed gambling websites. While yet to be passed, the bill is gaining traction as the UK seeks to empower law enforcement bodies, allowing them to tackle crime and fraud. What […]
Industry
January 17, 2024
New Jersey’s Gambling Revenues Increased Across the Board in December
The New Jersey Division of Gaming Enforcement has published the December 2023 total gaming revenue results. According to the regulator, the state’s gambling operators reported year-to-date revenue of almost $5.8 billion. Segment by segment, New Jersey’s nine casino hotel properties earned $232.4 million for December 2023. This, according to the authority, reflects a year-on-year increase […]
Industry
January 17, 2024
Lawsuit Claims Sexual Assault by James Dolan and Harvey Weinstein
A newly filed lawsuit alleges James Dolan, the owner of Madison Square Garden, New York Knicks and New York Rangers, sexually assaulted a young woman a decade ago. Allegations against Dolan claim he also trafficked the victim to Harvey Weinstein, the film producer who was sentenced a few years ago over sexual assault and rape. […]
Industry
January 17, 2024
American Gaming Association Rejects the Federal GRIT Act
Earlier in the week, Sen. Richard Blumenthal and US Rep. Andrea Salinas introduced the Gambling Addiction Recovery, Investment, and Treatment Act (GRIT). The GRIT would fund a series of research grants (25% of the revenue) as well as prevention and treatment solutions for problem gamblers (75% of the revenue) via a 50% diversion of the […]
Industry
January 17, 2024
End of an Era: Macau’s Historic Racing Industry Closes in April
The decision to conclude racing in Macau, effective 1 April, has left the racing community in shock, raising questions about the future of hundreds of industry figures. The demise of racing in Macau was not entirely unexpected, given the financial struggles of the Jockey Club over the years. However, the abrupt timing of the decision […]
Industry
January 17, 2024
Online Casinos Don’t Make New York Budget Cut in 2024
January 8, 2024, marked the second year of legalized online sports betting for the market in New York. The activity broke all records for that period, with billions of wagers and significant proceeds to the state and the operators who hold a license. While sports betting surpassed even the brightest predictions, online gambling may not […]
Industry
January 16, 2024
BGC Asks Government to Make Affordability Checks Frictionless
The Betting and Gaming Council has urged the British government to “honor its commitments” on frictionless financial risk checks. This follows a recent announcement that the Petitions Committee will discuss the issue. In 2023, Nevin Truesdale, CEO of the Jockey Club, launched a petition against the affordability checks, arguing that they are discriminatory and harmful. […]
Industry
January 16, 2024
Spelinspektionen Signs Memorandum of Understanding with IBIA
The Swedish Gambling Authority (Spelinspektionen, SGA) has joined forces with the International Betting Integrity Association (IBIA), signing a memorandum of understanding (MoU) on sports betting integrity. Under the MoU, the Swedish regulator will work with the largest international betting integrity monitor in the world, allowing it to better prevent fraud. The agreement will see the […]
