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Business
March 13, 2024
Kindred Highlights Achievements in 2023 Annual and Sustainability Report
One of the world’s leading online gambling operators, Kindred Group, released its 2023 Annual and Sustainability report, highlighting a number of accomplished achievements and upcoming goals. Details regarding the report emerged Wednesday with the company confirming that it has enjoyed exceptional results through the fiscal 2023 year. Following strategic objectives Kindred demonstrated not only financial […]
Casino
March 13, 2024
Coushatta Tribe Unveils Groundbreaking Ceremony for Louisiana Resort Expansion
The Coushatta Tribe of Louisiana announced a groundbreaking ceremony for the expansion of its Coushatta Casino Resort, a casino complex near Kinder. The ceremony is set to take place on March at 10 am and will celebrate the construction of a new eight-story hotel. According to the announcement, the new hotel will sport some 204 […]
Industry
March 13, 2024
Legalization of Casino Gambling Picks up Speed in Thailand
Countries across the globe enjoy the benefits of regulated gambling. The activity helps generate tax revenue which is often used for different programs, including funding of educational and infrastructure projects. A percentage of this generated tax revenue is designated toward treating problem gambling and providing support for people affected by gambling harm. Another benefit of […]
Casino
March 13, 2024
Kyushu Resorts Japan Won’t Appeal the Nagasaki Casino Rejection
Japan is largely viewed as an untapped potential by the gambling industry. Since the country greenlit three casino licenses, several companies have been eyeing opportunities for building a casino resort in the Land of the Rising Sun. Kyushu Resorts Japan, a consortium led by Casinos Austria, sought to grab one of the licenses and presented […]
Business
March 13, 2024
Entain Strengthens Board with Former Wynn Resorts President
Entain, the global sports betting and gaming conglomerate, has appointed Ronald J. Kramer, former president of Wynn Resorts, to its board of directors as an Independent non-executive director. Kramer’s extensive experience in the gaming industry, coupled with his corporate finance background, is expected to fortify Entain’s position in the US market. Kramer’s Arrival and Share […]
Industry
March 12, 2024
Tourist from China Faces Charges for Alleged Staged Kidnapping
People affected by at-risk or problem gambling may engage in different illegal activities, including robberies or scams. However, it is not uncommon that gamblers may attempt to defraud others to gain access to more money. In an interesting case, a Chinese tourist attempted to fake his own kidnapping while allegedly seeking to recoup gambling losses. […]
Business
March 12, 2024
Standard General Makes Offer to Acquire Bally’s Corporation
Standard General, a New York-based hedge fund, has proposed to acquire the remaining shares of Bally’s Corporation, a renowned casino operator, at a price of $15 per share. This proposition represents a substantial increase of 41% over Bally’s closing share price on March 8, 2024. Standard General’s Ambitious Bid for Bally’s Spurs Investor Optimism Standard […]
Industry
March 11, 2024
Suspect Arrested for Stealing Copper, Tools from Las Vegas Strip Resort
Despite the efforts of casino operators to ensure the safety of the visitors, incidents such as robberies do happen. While some crimes involve guns and manpower, others focus on fraud and deceiving practices such as cheating orchestrated by groups of individuals. Yet it is quite uncommon to hear stories about thefts related to copper piping […]
Industry
March 11, 2024
Group in Ontario Supports Ban on Gambling Advertising
The expansion of mobile sports betting and online gambling continues to raise concerns about addiction and excessive gambling. The convenience when it comes to accessing such gambling entertainment is one of the most important factors in the process. Moreover, the growth of the popularity of betting on sports across North America and its impact on […]
Casino
March 11, 2024
MGM Resorts Joins Marriott Bonvoy, Unlocking New Rewards
Marriott Bonvoy has officially opened its doors to MGM Resorts, allowing its members to earn and redeem points at 16 select properties across Las Vegas and beyond. This partnership, initiated in July 2023 and now fully operational, marks a significant shift for travelers and loyalty program enthusiasts alike. MGM Resorts Shift to Marriott Bonvoy Unlocks […]
