Business
September 24, 2024
LeoVegas Group Opens New In-House Slots Studio
Global iGaming operator and market leader in mobile casino on the European market, LeoVegas Group, has announced the launch of LeoVegas Studios, its brand-new in-house slots development studio. The announcement marks a significant milestone in the company’s expansion plan which includes the creation of games that are exclusive to the group’s brands. Leveraging Player Data […]
Industry
September 24, 2024
Jay-Z Proposes $250M in Grants for Hell’s Kitchen in NY Casino Bid
The famous American rapper and entrepreneur, Jay-Z, reportedly plans to boost his Times Square casino bid by offering $250 million in proposed grants that would benefit Hell’s Kitchen. Jay-Z’s Rock Nation Remains in NY Casino License Race Together with Roc Nation, the famous rapper joined forces with SL Green and Ceasars Entertainment in a bid […]
Casino
September 24, 2024
Judge Extends Deadline for Andy Sanborn’s Concord Casino Sale
A New Hampshire judge has given former state Senator Andy Sanborn more time to sell his Concord Casino throwing him a lifeline as he faces legal troubles and close watch from regulators. Sanborn’s Casino Sale Extension Sparks Debate Over Accountability Judge Gregory Albert decided that letting Sanborn have extra time to finish the sale would […]
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 […]
