Gambling News - 'Casino'
Casino
May 12, 2025
Alberta Gets Ready to Kick Off Regulated iGaming Market
Alberta plans to shake up its online gambling scene after Bill 48, the iGaming Alberta Act, just got the green light. Now that lawmakers have given it the thumbs up, the province has a lot of work to do in order to set up the rules for launching a regulated market for online casinos and […]
Casino
May 12, 2025
Online Gambling Firms Urge British Columbia to Rethink Monopoly
Online gambling businesses have started conversations with British Columbia’s government. They want to explore the option of a regulated iGaming market that would open up competition beyond the current provincial monopoly. Records of lobbying from earlier this year show that the industry is working together to push British Columbia to follow provinces like Ontario and […]
Casino
May 12, 2025
Chinese Tycoon Reaches Deal in Multi-Million Dollar Casino Fight
A big legal fight between Hong Kong businessman Linong Ma and SkyCity Adelaide has ended, wrapping up six years of court battles over millions in disputed casino winnings. The case also involved two junket operators, with one found liable by default because they did not show up in court. Chinese High Roller Alleges Casino and […]
Industry
May 9, 2025
Macau: Baccarat Side Bets Skyrocket in Popularity
Whereas a few years ago, baccarat side bets were not all that popular, they are now all the rage, according to the latest data from Macau. As it turns out, side bets are currently responsible for roughly half of all baccarat gaming revenue. Side Bets Are All the Rage Inside Asian Gaming reported that Clayton […]
Casino
May 9, 2025
RWLV Names New President Amid Leadership Shake-Up
Resorts World Las Vegas is once again reshuffling its executive leadership. On Thursday, the company confirmed that Alex Dixon, who had been chief executive officer for just under four months, will transition into a new position as senior advisor to the Board of Directors. Stepping into the leadership role is Carlos Castro, who has officially […]
Business
May 9, 2025
Macau Struggles to Promote Gambling Awareness to Mainland Tourists
Macau’s push to encourage safe gambling habits among visitors from mainland China runs into red tape and cultural barriers, experts shared at a recent industry event. Policy Divide Hampers Macau’s Responsible Gambling Push for Mainland Visitors At the Global Gaming Expo (G2E) Asia in Macau, scholars pointed out the gap between Macau’s gambling rules and […]
Casino
May 9, 2025
Coney Island Casino Project Moves Ahead with Key Approval
The New York City Planning Commission has given the green light to plans for a large casino and entertainment complex in Coney Island, marking a big step forward. Coney Island Casino Plan Clears City Hurdle, Faces Statewide Licensing Battle The project called The Coney, would take up three blocks along Surf Avenue and include a […]
Casino
May 9, 2025
Atlantic City Casinos Give $572M to State Aid Despite Profit Drop
A new report from Stockton University’s Lloyd D. Levenson Institute of Gaming, Hospitality & Tourism (LIGHT), working with the Casino Association of New Jersey (CANJ), shows that Atlantic City’s casino industry sent a record $572 million to the state’s Casino Revenue Fund in Fiscal Year 2024. These findings highlight how the industry remains crucial to […]
Business
May 9, 2025
Playtech Stock Plunges After €1.8B Special Dividend
Playtech, a leading gambling tech company, has seen its stock price crash by over 60%, dropping from 800p to 316p, after giving out a huge special dividend. This payout came from selling its Italian consumer brand Snaitech to Flutter Entertainment for €2.3 billion ($2.6 billion), giving back almost two-thirds of Playtech’s market value to its […]
Business
May 8, 2025
PENN Entertainment Shows Resilience in Q1 Report
American casino giant PENN Entertainment has published its financials for the first quarter of the year, reporting an increase in revenue. The company’s adjusted EBITDAR was likewise stronger despite certain headwinds in January and February. The Company’s Financials Were Mostly Favorable Despite Earlier Setbacks The company’s total revenue for the period increased by 4.1% year-on-year […]