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Casino
February 21, 2024
US Commercial Gaming Industry Thrives in 2023, Setting Record Highs
The commercial gaming industry in the United States has experienced a remarkable surge in revenue, marking its third consecutive year of record-breaking financial success. According to the latest report from the American Gaming Association (AGA), the industry’s annual revenue reached an unprecedented $66.5 billion in 2023, surpassing the previous year’s high by a substantial margin. […]
Industry
February 20, 2024
Gibraltar Minister Pleased with Gambling Industry Meetings
Gibraltar’s Minister for Justice Trade and Industry, Nigel Feetham, has praised Entain and 888’s commitment to the territory’s gambling sector. This followed recent meetings with company representatives. According to the Gibraltar government, Feetham personally spoke with Entain’s interim chief executive officer, Stella David, and 888’s chief executive, Per Widerström. Both companies recently underwent structural and […]
Industry
February 20, 2024
SHE Beverage Co. Allegedly Used Scam to Fund Casino Gambling
In 2021, California-based SHE Beverage Company, which describes itself as a “celebrity-driven beverage company that sells several products” on its Instagram account with little over 2,000 followers, and its owners Lupe Rose, Sonja Shelby, and Katherine Dirden, were charged by the Securities and Exchange Commission (SEC) for something they allegedly did between 2017 and 2019. Namely, […]
Casino
February 20, 2024
MGM Resorts Gives Up on Dubai Casino Plans, at Least for Now
Casino and hospitality giant MGM Resorts is giving up on its plans for a Dubai casino, at least for now. Despite that, the company is bullish on seeing its resort megaproject through, with or without a casino. For reference, MGM’s plan for The Island is to construct a three-hotel complex, combining an Aria, an MGM […]
Industry
February 20, 2024
Renowned Expert Backs Revolutionary UK Gambling Survey
The development of the Gambling Survey for Great Britain (GSGB) has received a significant endorsement from Professor Patrick Sturgis of the London School of Economics, marking a crucial step towards the production of reliable and comprehensive gambling statistics for the nation. GSGB Receives Acclaim for Methodological Excellence and Innovative Approach The independent assessment, released on […]
Industry
February 19, 2024
Louisiana: Two Men Arrested for Armed Robbery in Plain Dealing
Two men were arrested over their alleged involvement in an armed robbery that has taken place at the Outpost Travel Center Casino in Louisiana. The incident dates to Friday when two armed individuals barged into the venue located at the 500 block of La. Highway 3. In brought daylight on the morning of the day […]
Casino
February 19, 2024
Star Entertainment Formalizes NSW Jobs Guarantee, Cashless Gaming Trial
The Star Entertainment Group announced that it has formalized the previously announced aspects of the arrangements agreed in principle with the NSW Treasurer, Daniel Mookhey, securing the company’s jobs commitment and cashless trial. In line with the initial agreement from August 11, 2023, The Star entered into a Jobs Guarantee Agreement with the state of […]
Industry
February 19, 2024
The Star Entertainment Faces Bell Two Investigation
The Star Entertainment Group, Australia’s iconic ASX-listed group that owns and operates The Star Sydney, The Star Gold Coast, and Treasury Brisbane has announced it faces a second inquiry into its suitability to hold on to a casino license. At the moment, the group has six critical months to prove that it is capable of […]
Business
February 19, 2024
Wynn Resorts Executives Sell $3M in Company Stock
Recently, several DraftKings executives sold nearly $80 million worth of company shares. This was evident from Form 144 filings released by the company, confirming that executives dumped some $78.8 million in company shares between January 22, 2024, and February 8, 2024. The list of DraftKings executives who sold part of the company’s shares includes Jason […]
Industry
February 19, 2024
New York iGaming Legalization Faces Opposition from the Retail Sector
The legalization of online gambling in New York has been a hot topic for years. Sen. Joseph Addabbo, one of the supporters of iGaming, has been pushing for its legalization since 2019. Despite his previous proposals which have not gained enough traction to be passed into law, earlier this year, he filed his latest proposal […]
