Gambling News - 'Casino'
Industry
November 4, 2024
Arkansas Casino Referendum Spending Tops $30M
With more than $30 million raised by rival casino interests, the high-dollar proxy war over a constitutional amendment has become one of the costliest political battles in recent Arkansas history as voters in Pope County prepare to go to the polls. The stakes couldn’t be higher for groups on both sides as the referendum could […]
Business
November 4, 2024
Bally’s Unloading Asia Digital Gaming Division
A Form 8-K filing with the Securities and Exchange Commission has detailed the company’s plans for its Asian gaming division, with the company not expecting the deal to have a “neutral” impact on its earnings before interest, taxes, depreciation, and amortization or EBITDA. Bally’s Sheds Asian Business to Refocus Operations Bally’s is selling the division […]
Casino
November 1, 2024
San Francisco City Attorney Goes After Illegal Gambling
To this end, San Francisco City Attorney David Chiu has said that his office is now targeting convenience stores in the Tenderloin District, which investigators believe to be a front for illegal gambling businesses. All enforcement actions come after careful surveillance of the venues in question and involved undercover operations on the part of the […]
Casino
November 1, 2024
Ukraine’s Cosmolot Owner Bought by Nevada Gaming Holding
Nevada Gaming Holding has acquired Spacesiks, the owner of Cosmolot, which is Ukraine’s largest gambling company since the country’s industry re-regulation, in a groundbreaking deal that signals confidence in the domestic market. Cosmolot Owner Acquired by US Investors Nevada Gaming Holding has cited an investment rationale behind its decision to bolster Cosmolot, arguing that the […]
Industry
November 1, 2024
Explosives Threat at Seminole Hard Rock Tampa Leads to Arrest
On September 30, the Seminole Hard Rock Tampa in Florida was evacuated on two occasions after two concealed devices were uncovered on site. The explosive devices with radio control were found inside two restrooms at the venue. Now, the Florida Department of Law Enforcement (FDLE) confirmed that a man, suspected of placing the devices was […]
Casino
November 1, 2024
Legal Ambiguity of Sweepstakes Gaming Sparks Debate in Recent IGA Webinar
The legal uncertainty surrounding sweepstakes gaming was a focal point of a discussion in a recent webinar hosted by the Indian Gaming Association (IGA), where American Gaming Association (AGA) representatives expressed growing concerns about the industry. Sweepstakes Gaming’s Murky Legal Status Sparks Industry Concerns Over Potential Licensing Risks AGA’s Senior Vice President of Government Relations, […]
Industry
October 31, 2024
UK Gambling Operators Catch a Break as Government Delays Tax Hike
Gambling companies operating in the UK, like Flutter Entertainment and Entain, are breathing a sigh of relief today as the UK government’s newly released Autumn Budget leaves gambling tax rates untouched, staving off an anticipated hike that loomed over the industry. While the country’s gambling sector will likely see tax increases in the long term, […]
Business
October 31, 2024
Crown Resorts Names Veteran IR Executive David Tsai as CEO
Australian casino and hospitality giant Crown Resorts announced the appointment of a new chief executive officer. The appointee will step into the office amid the business’ recovery in the wake of regulatory scrutiny. A Proven IR Executive Joins Crown as CEO As announced by Crown Resorts’ board of directors, it has selected David Tsai as […]
Casino
October 31, 2024
Aristocrat Powers Vegas Casinos with the Latest Dragon Link Slots
Aristocrat Gaming, an Australian casino content and equipment powerhouse, will be equipping the Venetian Las Vegas and the Palazzo with some of its latest slot machines, providing casinogoers with thrilling gaming experiences. Even More Exciting Experiences for High-Rollers As agreed, the new iteration of the fan-favorite Dragon Link slots will be deployed across the Venetian’s […]
Legal
October 31, 2024
Hoover Dam Remains Identified as Las Vegas Man Missing for 30 Years
After 15 years of painstaking investigation and advanced genetic testing, Arizona authorities confirmed this week that human remains discovered near the Hoover Dam in 2009 belong to William Herman Hietamaki, a Michigan-born man who had lived in Las Vegas. Hoover Dam Discovery Ends 30-Year Search for Missing Michigan Man When builders digging into Highway 93 […]