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Casino
February 9, 2024
Virginia Lawmakers Vote to Exclude Richmond from Casino Consideration
In a decisive move following Richmond voters’ rejection of a casino proposal for the second time, Virginia lawmakers have unanimously voted to permanently remove the city from consideration as a potential casino site. Richmond’s Removal from Casino Eligibility Sealed by 100-0 House Vote The Virginia General Assembly, in a bipartisan effort, passed bills aimed at […]
Casino
February 8, 2024
Petersburg Casino Momentum Increases as Senate Passes Bill 628
The plan to establish Petersburg, Virginia, as the state’s fifth city to host a casino has inched one step closer to realization. The odds have increased as the Virginia Senate cleared a bill that would possibly greenlight a casino in the city. Senate Bill 628 seeks to redefine the criteria for a host city and […]
Industry
February 8, 2024
Five Armed Thugs Rob Casino Employee in Bellevue, Washington
It is not uncommon for casinos or casino visitors to become victims of robberies. Considering that retail gambling venues often operate with large sums of cash, this makes them attractive to criminals, some of whom are willing to pull off scams while others engage in violent crimes such as robberies with the help of firearms. […]
Industry
February 8, 2024
North Macedonia Clears Law Keeping Gambling Away From Schools
The freshly passed bill in North Macedonia that would prevent casinos, gambling establishments, and betting shops from functioning in a radius of less than half a kilometer of elementary schools and high schools has received criticism from the sports betting sector. Representatives have warned about the massive number of jobs (10,000) that would be lost […]
Casino
February 8, 2024
BetFIRST Joins Groupe Partouche to Launch Online Casino in Belgium
BetFIRST, a leader in Belgian sports wagering, unveiled a new online casino brand called betfirstcasino.be. The new gambling site was launched in partnership with Groupe Partouche’s Middelkerke Casino. According to the announcement, betfirstcasino.be leverages Middelkerke Casino’s recently-acquired A+ casino license to offer online gambling in Belgium. Moreover, the launch aligns with betFIRST’s ambition to solidify […]
Business
February 8, 2024
Red Rock Resorts Enjoys Strong Q4 and Full Year 2023 Results
The leading casino and hospitality company, Red Rock Resorts, published its latest results, uncovering details regarding its performance for the fourth quarter and full year 2023. On Wednesday, the company released its unaudited report, pointing to strong growth in revenue as well as an increase in adjusted EBITDA for the three months ended December 31, […]
Business
February 8, 2024
Wynn Macau Surpasses Q4 Expectations with Strong Revenues
In a notable rebound, Wynn Macau Ltd, the Macau-based casino operator and subsidiary of Wynn Resorts Ltd, has reported impressive financial results for the fourth quarter of 2023. According to a filing with the Hong Kong Stock Exchange, the company recorded total operating revenues of $910.6 million, an 11.1% increase from the previous quarter. This […]
Industry
February 8, 2024
Cybersecurity Expert Warns of the Dangers of Cyberattacks for Casinos
Cyberattacks against financial institutions and casinos are not uncommon. Considering the large amounts of money those organizations are in charge of, it comes as no surprise that they are targeted by hackers. While some cyberattacks fail, others succeed, resulting in losses that can be upwards of millions of dollars. Last year, MGM Resorts International, the […]
Casino
February 7, 2024
Two Arrested for Armed Robbery at Gambling Den in Queens, New York
Two individuals have been apprehended by FBI agents for their alleged involvement in a violent armed robbery at an illicit gambling establishment in Flushing, Queens, last July. The incident, which resulted in one person sustaining gunshot wounds, has led to charges against Jamel Berry from Astoria and Zhong Wang, a Chinese national. Robbery at Flushing […]
Business
February 7, 2024
Gaming and Leisure Properties Expands Portfolio with Tioga Downs Acquisition
Gaming and Leisure Properties, Inc. (GLPI) announced the acquisition of the real estate assets of Tioga Downs Casino Resort in Nichols, New York, from American Racing & Entertainment, LLC, for a sum of $175 million. GLPI Seals Tioga Downs Acquisition with $14.5 Million Annual Rent Agreement The agreement stipulates an initial annual rent of $14.5 […]
