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Industry
February 21, 2025
Warner Bros. Drops $8.5B Nevada Plans as Sony and Manhattan Beach Continue the Push
Warner Bros. Discovery (WBD) has given up on its plans to construct a $8.5 billion movie studio in Las Vegas. The backers of a film tax credit bill have now allied themselves with a smaller studio instead. WBD Planned an $8.5B Enterprise In August 2024, WBD announced its plan to spend $8.5 billion to […]
Industry
February 21, 2025
Lexington County Gambling Ring Raking $60K per Week, Busted
A clandestine gambling ring in Lexington County that was operating illegal slot machines and video poker devices raked in between $60,000 and $100,000 per week before federal authorities intervened, according to an indictment. Bookkeeper Pleaded Guilty The case, which had remained largely under the radar, came to light this week when one of the accused, […]
Industry
February 21, 2025
DraftKings Responds to Courier Services Legitimacy Accusations
The recent Lotto Texas jackpot win raised questions about the legitimacy of lottery courier services and officials came out denying said services are doing anything illegal. Courier Services Being Criticized Over Legitimacy To start with some context, Lotto Texas recently saw someone win $83.5 million, the lucky ticket being sold at the Winners Corner TX […]
Industry
February 21, 2025
NY Metropolitan Park Casino Secures City Planning Commission Approval
Pursing one out of a total of three New York casino licenses, Steve Cohen, the billionaire, entrepreneur and New York Mets owner, joined forces with Hard Rock Entertainment. Their casino bid, a large entertainment and gaming complex, proposes redevelopment of land currently used for a parking lot located west of Citi Field in Flushing. Only […]
Industry
February 20, 2025
Sweden to Review Gambling Act Shortly after 2024 Gaming Report
The Swedish government has decided to review the country’s Gambling Act shortly after the Spelinspektionen published the industry’s financial report for 2024. The Swedish Online Gambling Industry Association (BOS) has long requested this review. 2024 Was a Stable Year for Swedish Gambling The Swedish regulator, Spelinspektionen, reported that licensed gaming companies recorded a total turnover […]
Industry
February 20, 2025
Argentina’s Newest Crypto Scandal Reflects President Milei’s Worrying Attitude to Gambling
Argentina’s President Javier Milei is facing substantial public backlash after he promoted the cryptocurrency $LIBRA on social media. Milei tweeted on X (formerly Twitter) on 14 February, praising the token and stating it would fund small businesses and Argentine startups. Thousands of investors jumped in within an hour, taking the price from $0.21 to a […]
Industry
February 20, 2025
ROGA Launches New College Educational Program
ROGA’s new Know Your Play campaign, made in collaboration with EPIC Global Solutions, RGC, and Kindbridge Behavioral Health aims to educate college-age people on responsible gambling. ROGA Announces Know Your Play Initiative The Responsible Online Gaming Association (ROGA) has partnered with several other major organizations to launch the Know Your Play campaign. The new program […]
Industry
February 20, 2025
Aristocrat Moves to Strengthen Finances with New Buy-Back Plan
Global gaming giant Aristocrat Leisure Limited announced a new AUD 750 million ($480 million) share buy-back program aimed at debt repayment and shareholder value optimization. This move closely follows another substantial AUD 1.85 billion ($1.18 billion) buy-back initiative, demonstrating the group’s continued commitment to cost control and long-term growth strategies. A Prudent Financial Strategy Is […]
Industry
February 20, 2025
AGA: US Gaming Had Yet Another Record-Breaking Year
The American Gaming Association (AGA) has published its latest Commercial Gaming Revenue Tracker report, highlighting a new annual revenue record for the US industry. This notably marked the fourth consecutive year in which the commercial gambling sector has broken its revenue record. The Commercial Industry’s Momentum Continues According to the AGA, American gaming reached annual […]
Industry
February 20, 2025
Telegram Bans TG.Casino Amid Gambling Concerns
Social media and instant messaging giant Telegram appears to have taken action to ban TG.Casino from its platform. The social media service, which has been previously scrutinized for becoming an online gambling hotspot, seems to be cracking down on casinos on its app. Operators Have Leveraged Telegram’s Capabilities to Host Online Casinos As it turns […]
