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Casino
May 2, 2024
Melco Confirms Deal with John Keells for Sri Lanka Project
The leading developer, owner and operator of integrated resorts in Europe and across Asia, Melco Resorts & Entertainment Limited, announced it engaged in a strategic partnership with the largest conglomerate on the Colombo Stock Exchange and company with a rich history, John Keells Holdings PLC. Per the latest agreement, announced earlier this week, Melco was […]
Casino
May 2, 2024
VICI Properties Commits $700M to Transform The Venetian Resort Las Vegas
VICI Properties Inc., a prominent real estate investment trust (REIT), has unveiled plans to inject up to $700 million into The Venetian Resort Las Vegas for extensive refurbishment projects, marking a significant step in enhancing the renowned integrated resort’s offerings and guest experience. VICI Properties Teams Up with The Venetian for Major Upgrades This capital […]
Business
May 2, 2024
Bally’s to Open Chicago Casino on Time, Doesn’t Plan to Rush Tropicana’s Redevelopment
Bally’s Corporation, which just posted its Q1 results, commented on its plans for the future. According to the company, its permanent Chicago casino should welcome its first guests by Q3 2026, despite the struggles. In the meantime, Bally’s will not rush the redevelopment of the Tropicana site. The gambling company addressed these issues during its […]
Business
May 2, 2024
NGCB Backs Entain and Accel for Full License Despite Past Challenges
Two leading gaming companies were recommended for full licenses in Nevada, amid their ongoing efforts toward compliance, dedication to strictly following the gambling regulations and effectively collaborating with gambling regulators. Although the two companies, Entain and Accel Entertainment, were previously under scrutiny due to issues related to compliance, both secured a recommendation for a full […]
Industry
May 1, 2024
UKGC Unveils Extensive Changes to Enhance Safety and Consumer Choice
The UK Gambling Commission (UKGC) has announced widespread changes to bolster safety measures and enhance consumer choice in the gambling sector. These changes, aligned with the government’s white paper on gambling reform for the digital age, will be implemented in four stages between August 2024 and February 2025. New Features Prioritize Gambling Harm Prevention Among […]
Business
May 1, 2024
Lottomatica Posts Strong Q1 Results, Updates Guidance after SKS365 Takeover
The leading operator with a strong presence in Italy and across Europe, Lottomatica, released its latest financial update, uncovering details about its performance for the first quarter of this year. On Tuesday, the company disclosed details regarding its latest interim financial report, covering the three months ended March 31, 2024. In the first quarter of […]
Casino
May 1, 2024
Catalan Parties Fail to Reach a Consensus on the Hard Rock Casino Project
The Catalan parliament continues to discuss the Hard Rock casino plans over ten years after the project was announced. Parties are yet to reach a consensus on the matter, the Catalan News reported. The Hard Rock casino project envisions the construction of a casino-hotel complex in Vila-seca and Salou, Tarragona, in the vicinity of the […]
Industry
May 1, 2024
Texans Favor Destination Resort Casino Legislation, Survey Reveals
Texas is among the states where lawmakers are currently attempting to expand gambling activities. The gambling expansion has become a hot topic in the state, where legislators are considering efforts toward the development of destination resort casinos, as well as the legalization of sports betting. Now, the results of a new study reaffirm that an […]
Industry
May 1, 2024
American Gaming Association Highlights Industry Outlook and Challenges
The United States gambling industry association, the American Gaming Association (AGA), released its latest Gaming Industry Outlook, disclosing a number of insights and details regarding the current business environment and the potential outlook for the sector in the country. The Association disclosed details regarding its latest report Tuesday, revealing that nearly all of the gaming […]
Legal
May 1, 2024
Nevada Gaming Regulator Pursues Legal Action Against Former Casino Exec
The Nevada Gaming Control Board has lodged a formal complaint against Scott Sibella, a former high-ranking executive in the casino industry. This action, coming four months after Sibella’s admission of guilt for breaching anti-money laundering protocols, adds another layer to the ongoing saga of regulatory scrutiny. Legal Troubles Mount for Former President of Resorts World […]
