Legal
September 9, 2024
Wynn Las Vegas Forfeits $130M to Settle Financial Offenses Allegations
The US Department of Justice (DOJ) announced that Wynn Las Vegas, Wynn Resorts’ Vegas-based subsidiary, has agreed to pay over $130 million to settle claims that it worked with unlicensed money transfer companies. According to the DOJ, this is the largest such forfeiture by a casino company yet. The Company Allegedly Conspired with Illegal Businesses […]
Industry
September 9, 2024
Alleged Carnival Glory Casino Scam Results in $100K Loss
While casino operators constantly invest in security solutions, training and supervising their employees, it is not uncommon for culprits to attempt a range of unlawful activities, including cheating and scams. Oftentimes a successful scam requires the participation of a dealer and a patron, and this is precisely the case of a corrupt scheme that was […]
Industry
September 9, 2024
Pastor Arrested at Strat Hotel in Las Vegas over Drugs, Guns
An evangelical pastor who allegedly had drugs and guns in his hotel room at a popular Las Vegas hotel and casino resort was recently arrested and charged. The case involves a 61-year-old pastor from North Carolina identified with the initials D.M., who visited the Strat Hotel Casino & Tower late last month. As announced by […]
Sports
September 6, 2024
Casino Mogul Ira Lubert Donates $10M to Beaver Stadium Renovation
Ira Lubert, a prominent Penn State alumnus, trustee, and successful casino owner, has donated $10 million toward ongoing renovations at Beaver Stadium, Penn State’s iconic football field. The university announced the generous gift that will give Lubert and his family naming rights, honoring them through the planned Lubert Family Welcome Center. A Centerpiece Project Will […]
Industry
September 6, 2024
Australians Reluctant to Roll in Cashless Gaming Trial
Australians are said to be losing calamitous amounts on poker machines, and something clearly should be done. No one can quite put their finger on what that something looks like, but a barrage of responsible gambling measures has been launched. Cashless Gambling Trial Fumbled in Australia Some, such as a national self-exclusion program and a […]
Business
September 6, 2024
New Jersey’s DGE Penalizes Borgata over Underpaid iGaming Taxes
New Jersey’s gambling regulators understood that the Borgata Hotel Casino & Spa, one of the biggest casinos in Atlantic City, has underpaid its iGaming taxes twice. The property, according to reports, did so by taking approximately $15 million more in credits than it was entitled to. Borgata Was Forced to Pay the Money It Owed […]
Industry
September 6, 2024
EGBA Unpicks Finland’s Gambling Rules, Urges Revisions
The European Gaming and Betting Association (EGBA) has offered its input regarding the re-regulation of the Finnish gambling market which will see it go from a state-owned monopoly to a multi-licensed model, allowing foreign companies to set up shop in the country. Although a welcomed move that is expected to strengthen consumer protection, boost revenue […]
Industry
September 6, 2024
Ireland Runs Pioneering Problem Gambling Support Service for Women
Problem gambling has become a burning issue in Ireland. According to the Economic and Social Research Institute (ESRI) 2023 report, the country is home to 130,000 adults (1 in 30) who meet the standard criteria for ”problem gambling”. Even more, Ireland has an additional 279,000 adults who engage in harmful gambling. Of the people dealing with […]
Industry
September 6, 2024
Maine’s Top Gambling Official Comes Under Fire from All Sides
Milton Champion, who serves on the Maine Gambling Control Board (MGCB), has been accused by inspectors under his control and Local 1989, a trade union, of failing to submit himself to the customary checks and balances that come with his position. Gambling Inspectors Displeased with Their Boss in Maine Rather, a letter signed by all […]
Casino
September 6, 2024
Wynn Al Marjan Island Gathers Steam as New Signs of Confidence Emerge
Now, JPMorgan analyst Joseph Greff has suggested that while a casino has not been confirmed just yet, and the project in Ras Al Khaimah is largely a hospitality development, this will change in the coming weeks or months. Wynn Set to Host Investor Day Possibly Tied to Middle East Operations There are several reasons to […]
