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Legal
April 26, 2024
Horseshoe Robbery Victim Says Casinos Should Boost Garage Security
A Maryland casino crime victim has shared his story, hoping that it would urge casinos to boost the security at their parking lots. In an interview with Fox45 News, the man said that he is glad to be alive. The news outlet referred to the man as Justin. The man was recently robbed at the […]
Business
April 26, 2024
Boyd Gaming Reports Increase in Online Revenue despite Overall Dip in Q1
The leading gaming and hospitality company, Boyd Gaming, announced its latest unaudited financial report uncovering details regarding its performance for the first quarter of 2024. The report first emerged on Thursday, uncovering strong results despite some challenges encountered in the first quarter. For the first quarter of this year, Boyd Gaming reported $960.5 million in […]
Casino
April 26, 2024
Petersburg City Council Greenlights The Cordish Companies Massive Project
Bruce Smith Enterprise and The Cordish Companies secured major approval for their proposed $1.4 billion dollar project, Live! Gaming & Entertainment District. The massive mixed-entertainment project is planned to be located in the City of Petersburg, Virginia, using land near the intersection of Wagner Road and Interstate I-95. The strategic location is expected to help […]
Business
April 26, 2024
Betsson Starts 2024 with Stellar First Quarter Results
The leading online gambling company with a strong presence across the globe, Betsson AB, released its interim results for the first quarter of 2024. On Friday, the company disclosed financial details regarding the three-month period between January and March this year, highlighting a number of important achievements, an increase in revenue and growth in the […]
Legal
April 26, 2024
Downtown Las Vegas Operator Settles Disability Discrimination Lawsuit
A downtown Las Vegas hotel and casino operator will have to pay a hefty sum to settle a disability discrimination lawsuit filed by the US Equal Employment Opportunity Commission (EEOC). On Thursday, the federal agency announced that DTG Las Vegas, Fifth Street Gaming, as well as and DTG Las Vegas Manager, companies that operate the […]
Industry
April 26, 2024
Pennsylvania: Two Rivers Casino Visitors Accused of Cheating
Despite efforts toward security by casino operators, there are individuals who attemp criminal activities such as robberies or fraud. Oftentimes, such cases are not difficult to solve due to eyewitnesses, extensive CCTV and other security solutions casinos continuously invest in. Although brick-and-mortar casinos try their best to ensure the security of their visitors and repeal […]
Casino
April 26, 2024
Las Vegas Judge Opts for Probation in William Hill Embezzlement Case
In a recent ruling, a judge in Las Vegas spared two individuals from incarceration, opting instead for probation, following their involvement in an embezzlement scheme targeting the renowned sports betting company, William Hill. Unraveling the Scheme of William Hill’s Employee Fraud Investigation The investigation, initiated in December 2022 by a Nevada Gaming Control Board enforcement […]
Business
April 25, 2024
Einhorn’s Greenlight Capital Takes Mid-Sized Stake in PENN Entertainment
PENN Entertainment’s shares went up 2.41% today on volume that was 55.7% over the regular daily average as a result of David Einhorn disclosing that Greenlight Capital took a “medium-sized” stake in the casino operator in Q1. This way, Greenlight joins the list of popular hedge funds that have recently taken stakes in PENN Entertainment, […]
Casino
April 25, 2024
Galaxy Macau Teams Up with Capella Hotels and Resorts for a New 5-Star Hotel
Galaxy Entertainment Group, a market leader in gaming and hospitality, has formed a historic partnership with Capella Hotels and Resorts, the best hotel brand in the world, according to Travel + Leisure Magazine. As a result, the former company’s Galaxy Macau property will become the home of the first Capella property in The Greater Bay […]
Business
April 25, 2024
Churchill Downs Enjoys Exceptional 2024 Start with Strong Q1 Results
The parent company of Churchill Downs, Churchill Downs Incorporated (CDI), released its latest financial update. On Wednesday, the company disclosed insights regarding its performance for the first quarter of 2024 or the quarter that ended March 31, 2024. In its latest trading update, CDI highlighted strong growth in terms of adjusted EBITDA and net revenue. […]
