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Industry
December 15, 2023
Study Explores Shifting Gambling Patterns Among Springfield’s Young Adults
In a bid to unravel the intricacies of the evolving gambling landscape among young adults in Springfield, the Massachusetts Gaming Commission (MGC) has greenlit additional funding for an ongoing study. Gaming Commission Commits Additional Funds to Springfield’s Youth Gambling Study The study, focused on individuals aged 18 to 24, is a collaborative effort between the […]
Business
December 15, 2023
Entain Faces Activist Pressure as Corvex Management Calls for Change
New York-based hedge fund, Corvex Management, has announced its entry into the ongoing drama surrounding FTSE 100 gambling giant, Entain, as it has acquired a significant 4.4% stake in the Ladbrokes owner. Corvex Spearheads Activist Onslaught, Deeming Current State ‘Unacceptable’ Corvex, led by former Carl Icahn lieutenant Keith Meister, has become the latest activist investor […]
Casino
December 15, 2023
Rivers Casino Des Plaines Faces Legal Action Following Data Breach Revelation
Rivers Casino Des Plaines, located in Illinois, is confronting a proposed class-action lawsuit stemming from a cyberattack in August that exposed the personal information of thousands of individuals. Rivers Casino Lawsuit Highlights Security Gaps and Potential Identity Theft Dangers Lead plaintiff Michael Glebiv, among over 100 individuals already included in the class action, claims that […]
Business
December 14, 2023
Light & Wonder Picks Oliver Chow as Chief Financial Officer
The newly-appointed Oliver Chow served as an interim CFO since August and previously worked as SVP of corporate finance. He succeeded at the time Connie James who stepped down from the permanent position to pursue other career opportunities. The Hunt for a New CFO Is Finally Over Chow is a well-seasoned veteran and also an […]
Casino
December 14, 2023
Casumo Enhances RG and AML Capabilities with Neccton
Thanks to this expanded tie-up, Casumo, a leading casino, will benefit from Neccton’s well-established track record for enhancing responsible gambling and anti-money laundering capabilities in multiple regulated markets. For context, Casumo and Neccton first teamed up in February 2022. The latter company did not become a part of the OpenBet portfolio until 2023. Expanding the […]
Casino
December 14, 2023
Rocky Mountain Gaming Signs Deals to Acquire Two Cripple Creek Properties
Rocky Mountain Gaming has signed definitive deals with Minter Holdings and G Investments, allowing it to acquire the operating assets of two major casino properties. The agreement, if approved by Colorado’s gambling regulator, would add Johnny Nolon’s Casino and Colorado Grande Casino to Rocky Mountain Gaming’s portfolio. Johnny Nolon’s Casino is one of the original […]
Casino
December 14, 2023
Casino Winner Assaulted and Robbed of $38K in Mahtomedi
According to charging documents, Deangelo Romaine Jacox (32), identified as the truck’s driver, and passengers Shawn Eric Lewis Jr. (35), and Tristin Tyler Jacox Mann (33) are the three men who assaulted and stole around $38,100 from the 67-year-old victim who was returning to his residence in the 700 block of Griffin Court at around […]
Casino
December 14, 2023
Crown Melbourne Implements Revolutionary Measures for Player Safety
Crown Melbourne has declared its commitment to becoming the world’s safest casino with the help of a groundbreaking initiative that comes in the form of a new carded play system. Crown Melbourne Mandates Swipe Cards for Player Limits The casino, once embroiled in controversy following the 2021 Finkelstein royal commission, has announced that poker machine […]
Casino
December 14, 2023
Courts Say Boyd Gaming Is Owed $19M Over Old Tax Disputes
For years, Sumner County and Boyd Gaming-owned The Kansas Star Casino have been engaged in what appeared to be an endless legal battle regarding how much the property is worth, and, automatically, how much the casino should be taxed. The repetitive yearly procedure has seen Sumner County appraising the casino at a certain amount, followed […]
Casino
December 14, 2023
Allegations of Child Gambling Prompt Class Action Lawsuit Against Roblox
Roblox, the rapidly expanding virtual gaming platform, is facing a class-action lawsuit in the Northern California District Court over allegations that it facilitates child gambling. The lawsuit contends that the company has failed to implement adequate measures to prevent children from accessing external gambling sites through its application. Legal Action Unveils Unauthorized Youth Access to […]
