Business
August 26, 2024
Construction Financing Key to GLPI’s Future Growth, Says Expert
The real estate investment trust, specializing casino properties, Gaming and Leisure Properties (GLPI), has enjoyed a busy year so far, with a number of important announcements and strategic moves. Recognized as the nation’s first gaming real estate investment trust, the 2013-founded company has a growing portfolio of 65 premier gaming and related facilities. The properties […]
Casino
August 23, 2024
California Gov. Lobbies Against Two Tribal Casino Projects
California’s Democratic governor, Gavin Newsom, has sent a letter to the US Department of the Interior’s (DOI) secretary Deb Haaland, asking her to oppose two tribal casino projects in Solano and Sonoma counties. Sidestepping the Indian Gaming Regulatory Act Newsom argued the new constructions proposed by the Koi Nation of Northern California and the Scotts […]
Casino
August 22, 2024
The Star to Close Treasury Brisbane ahead of Queens Wharf’s Opening
The Star Entertainment Group Limited announced the closure of its Treasury Brisbane Casino property ahead of the launch of its new property in Brisbane. Treasury Brisbane Casino to Close As The Star prepares to open its Queens Wharf Brisbane property, it has been advised by the Office of Liquor and Gaming Regulations to cease the […]
Casino
August 22, 2024
Hollywood Casino to Slash Its Slot Count Amid Competition from Skill Games
Having secured approval from the Pennsylvania Gaming Control Board (PGCB), Penn Entertainment will modify its Hollywood Casino gaming area at Penn National Race Course. The company is set to slash its number of slots, citing intense competition from the skill-based sector as the reason. The Property Will Remove 169 Machines Hollywood Casino, for context, is […]
Industry
August 22, 2024
Oregon Player Wins $2K, Suffers 15 Stabs in Violent Robbery
It is not uncommon for casino winners to be targeted by criminals. Despite the investments of casinos toward security, lawbreakers still commit crimes against unsuspected patrons. This is precisely the case of a Portland, Oregon man who was recently attacked, robbed and suffered significant injuries after winning a couple of thousand dollars. The victim enjoyed […]
Industry
August 21, 2024
BOS Asks Sweden to Allow Private Casinos as Casino Cosmopol Closure Looms
The Swedish Trade Association for Online Gambling (BOS), a body representing 18 Swedish gambling companies, has weighed in on the proposed closure of the state-owned Casino Cosmopol in Stockholm. BOS Wants the Government to Greenlight Private Casinos The BOS supported the closure, agreeing with the government’s argument that governments should not operate casinos. However, since […]
Casino
August 21, 2024
New Jersey Goes After Borgata for Understated Gross Revenue
As a result, the Borgata Casino has understated the taxable revenue amount, the regulator found out. The New Jersey Division of Gaming Enforcement took issue with the reporting by the company between October 2023 and May 2024 and argued that the company earmarked at least $4.5 million in promotional credits but added that the money […]
Casino
August 21, 2024
Missouri Group Sues to Place Lake of the Ozarks Casino Measure on Ballot
Supporters of the establishment of a casino on the Lake of the Ozarks in Missouri turned to court as a way to have their effort added to the ballot in November. The initiative is led by the Osage River and Gaming Convention (ORGC). Currently, Missouri allows the establishment of casinos only on the Mississippi and […]
Business
August 20, 2024
Analyst Cautious on Decelerating Trends for Remainder of 2024
An expert analyst disclosed details regarding the current state of gaming and betting markets in the US and Macau, highlighting a decrease in customer spending is expected throughout the second half of the year. The expert analysis came from J.P. Morgan analyst, Joseph Greff, who was recently quoted by CDC Gaming and commented on important […]
Casino
August 20, 2024
Duo Face Multiple Charges for Stealing $350K from Casino
A pair of suspects, one Roberto Carlos Gonzales Miranda and one Roberto Orellana, are now charged in a scam that saw them steal more than $350,000 from a casino in South Dakota. The duo has already been indicted by a grand jury over conspiracy to commit wire fraud and conspiracy to commit theft. The case […]
