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Casino
September 24, 2024
Boyd Gaming Acquires Resorts Digital to Capitalize on New Jersey’s Market
Boyd Gaming, a major US hotel and casino operator, has grown its presence in New Jersey‘s profitable online gambling market by buying Resorts Digital, the online branch of Atlantic City’s Resorts Casino. The deal was facilitated by Oakvale Capital, a leading M&A firm in the iGaming sector, that advised Resorts on the sale of the […]
Business
September 23, 2024
B. Riley Lowers Golden Entertainment Expectations, Maintains Buy Rating
B. Riley has lowered its score for Golden Entertainment slightly while still maintaining a “buy” rating. The new outlook led to an immediate slump in the gambling company’s share price. The Operator’s Business Suffered Because of the Hot Summer As mentioned, B. Riley reduced its estimates on the company, lowering CY24E EBITDA by 4% and […]
Casino
September 23, 2024
Millionaire Investor Arrested in Nantucket
Daniel Burrell, a high-profile investor with a history in politics, was arrested on Nantucket Friday morning on a warrant from Las Vegas. Burrell is wanted in multiple states. He allegedly wrote a bad check to a Las Vegas casino for $1.5 million and has been on the run with outstanding warrants in both Colorado and […]
Industry
September 23, 2024
Green Day Slams Las Vegas as the “Worst Shithole in America”
Billie Joe Armstrong, the lead singer of Green Day, just lambasted Las Vegas during a performance in San Francisco. The musician expressed strong discontentment at the relocation of the Oakland A’s and invited fans from the Bay Area to remain united. Green Day Disagrees with the Relocation of the Oakland A’s Armstrong gave his speech […]
Industry
September 23, 2024
Tasmanians’ Pokie Machine Losses Surpass $1bn Since 2018
The losses to gambling activities amount to hundreds of millions of dollars across Australia monthly. Piling up, the losses are in the billions on an annual basis with Australians recognized as the world’s biggest losers. Gambling Losses in Tasmania Pile Up But it is not only the popularity of gambling that results in high losses. […]
Casino
September 23, 2024
Oyo Hotel and Casino Guests Complain About Elevator Service
Elevators are an inseparable part of high-rise buildings. In the event of emergencies such as fires, earthquakes or other natural or man-made disasters, stairs are used considering that elevators may be unreliable under such conditions. Still, nobody wants to climb hundreds of steps to their hotel room, and this is exactly the case for Las […]
Business
September 23, 2024
MGM Submits Application for Abu Dhabi Casino License
The recognizable gaming and hospitality giant, MGM Resorts, announced it has submitted a license application for a United Arab Emirates (UAE) casino. The Company Is Among the First to Apply for a Casino License The exciting news came during the Skift Global Forum 2024 last week. Bill Hornbuckle, MGM’s CEO, confirmed the strategic move that […]
Casino
September 23, 2024
Poll Reveals Majority of Casino Guests Prefer Smoke-Free Environments
A new poll set to be showcased at the upcoming Global Gaming Expo (G2E) in October, shows that most casino guests even some smokers want a smoke-free place to gamble. Survey Shows 89% of High-Income Casino Gamblers Prefer Smoke-Free Environments The poll done from December 2023 to January 2024, focused on people who play at […]
Casino
September 20, 2024
Experts: State Elections Are More Important to Casinos Than the Presidential Race
As the November presidential approaches, all sights are set on the battle between the Republican candidate Donald Trump and the Democratic candidate Kamala Harris. However, experts suggested that the gambling industry should be more wary of the races for state office instead. Casino Workers Should Keep the State Elections in Mind The US presidential elections […]
Casino
September 20, 2024
Anti-Smoking Advocates Address Gambling Policymakers in Open Letter
In a recent open letter to various gambling regulators across the USA, Americans for Nonsmokers’ Rights (ANR) urged gaming officials to ban indoor smoking in casinos and other gambling establishments. The letter highlighted that allowing indoor smoking on gaming floors is dangerous, poses health hazards to employees and patrons, and contradicts responsible gaming principles. Indoor […]
