Business
October 8, 2024
Bet365 Launches Online Gaming and Betting in Peru
Leading online gaming and sports betting operator bet365 has launched its iGaming business in Peru, providing locals with access to its cutting-edge offerings. This came after the company obtained official licensing approval from the Ministry of Foreign Trade and Tourism (MINCETUR). Bet365 Enters Peru The launch will provide Peruvian casino enthusiasts with access to the […]
Legal
October 8, 2024
Casino Giants in Chile Face Allegations of Rigging License Bids
Three leading gambling operators in Chile are accused of colluding after a large-scale investigation. Details regarding the massive scandal emerged recently with the National Economic Prosecutor’s Office (FNE) filing an antitrust lawsuit with the Competition Tribunal (TDLC). Three Gambling Operators Accused of Colluding When Filing Casino License Bids In its lawsuit, FNE named as defendants […]
Casino
October 8, 2024
Pechanga Resort Casino Visitor Hits $100K Jackpot in 10 Minutes
Every casino visitor or lottery player hopes for a big win. To the lucky few, a big win is around the corner, and this is precisely the case for several fortunate players at Pechanga Resort Casino in California. Woman Turns $30 Bet Into $100,000 Jackpot Win Near the end of September, an incredibly lucky player […]
Casino
October 8, 2024
Bally’s Donates Tropicana Relics to UNLV Ahead of Implosion
Bally’s Corporation, the operator of the to-be-imploded Tropicana Las Vegas, has agreed to donate a variety of memorabilia to the University of Nevada, Las Vegas. The casino company was contacted by the university’s Special Collections and Archives department, which wanted to preserve a part of the historic resort. The Oakland A’s New Stadium Will Replace […]
Industry
October 8, 2024
Macau Records 1.1M Visitors During Golden Week
Macau authorities announced that it approximately 1.1 million people have visited the special administrative region during the National Day holiday period known as Golden Week. This figure exceeded the projected target of 130,000 daily arrivals. Visitation Increased Dramatically The period between September 29 and October 6 saw a daily average of 138,000 visitors and is […]
Business
October 8, 2024
JPMorgan Acquires Stake in Australia’s Star Entertainment
JPMorgan Chase & Co. has bought a big chunk of Star Entertainment Group, an Australian casino company that is having money troubles. JPMorgan Buys 5.47% of Star Entertainment as Casino Operator Battles Regulatory Scrutiny A new report shows that JPMorgan now owns 5.47% of the company’s voting shares, which means it is getting more involved […]
Casino
October 7, 2024
Iowa Casinos Oppose Cedar Rapids Resort Development
Iowa casinos have expressed concerns regarding the proposed Cedar Crossing Casino & Entertainment Center in Cedar Rapids, fearing that the development could significantly impact their bottom lines. During a recent Iowa Racing and Gaming Commission (IRGC) meeting, Linn County Gaming Association (LCGA) presented its application for the new casino, identifying its potential effects on nearby […]
Casino
October 7, 2024
L&W Developing New Legally Compliant Dragon Train Game
The lawsuit between two leading providers of gaming solutions, Light & Wonder (L&W) and Aristocrat Technologies, continues. In the legal battle, the latter company argued that the former misappropriated trade secrets and engaged in intellectual property theft when developing its Dragon Train game. The New Version of the Game Seeks to Ensure Compliance with a […]
Casino
October 7, 2024
Online Slots Streamer Grim Takes Short Break After Losing $3M in One Night
Online gambling streamer Grim, who goes by GrimzYoutube, says he is taking a short break from streaming after losing $3 million in one night. Gambling Streamer Grim Pauses After $3M Loss on Roobet Grim often plays online slots on the crypto casino Roobet and shows his games on the Kick streaming platform. He told his […]
Industry
October 7, 2024
Study Reveals IRS Faces $1.5B Tax Loss Due to Unreported Gambling Winnings
A fresh study shows that many gamblers not reporting their winnings has led to the IRS missing out on almost $1.5 billion in taxes from 2018 to 2020. TIGTA Report Reveals Major Tax Shortfall as Thousands Fail to Report Gambling Winnings The Treasury Inspector General for Tax Administration (TIGTA) found that thousands of people did […]
