Industry
August 6, 2024
US Gambling Sector Must Adapt to Shifting Market Dynamics
A recent report by US consumer credit reporting agency TransUnion highlighted the explosive growth of the USA’s gambling sector but cautioned that shifting industry dynamics require a revised approach. Operators must effectively separate high-value from high-risk bettors and keep the current pace of innovations to maintain sustained growth. Changing Demographics Present New Challenges According to […]
Industry
August 6, 2024
Maryland Casino Sector Records Slowdown as July Revenue Declines
Maryland’s six casinos have generated almost $170 million in revenue in July 2024, marking a slight year-on-year decline. By extension, this led to a slight decline in the industry’s contributions to the state. Maryland’s Six Casinos Recorded Slightly Lower Revenue Maryland has six legal commercial casinos that offer both table games and video lottery terminals […]
Industry
August 6, 2024
Stock Market Slump Jolts the Gambling Industry
The gaming industry was significantly impacted by Monday’s dramatic stock market slump, which saw the Dow Jones Industrial Average drop over 1,000 points, marking the market’s worst day since 2022. The Dow tumbled 2.6%, while the Nasdaq Composite plunged 576 points—equating to 3.4%. These rapid movements caused significant panic, but the situation looks to be […]
Legal
August 6, 2024
Man Faces Prison Time for Displaying Genitals at Florida Casino
A man in Florida has been arrested after allegedly waving his genitalia in a casino’s poker room. Appearing angry, the man got into trouble with the guards and was eventually arrested. The Man Got Angry for an Unspecified Reason The 27-year-old was identified as Abdul Rahman Zaina, a resident of Jamaica neighborhood in Queens, New […]
Industry
August 5, 2024
Thailand Takes the First Steps toward Casino Resort Regulation
The highly anticipated move toward legalizing resort casinos in Thailand is taking form. The country has just unveiled a draft casino bill defining the regulatory framework for integrated entertainment venues with casinos. The draft bill, published on Friday, outlined how Thailand’s future casino regulatory body would look and what it would be responsible for. It […]
Industry
August 5, 2024
Macau Lawmaker Asks Gaming Ops for More Workforce Consideration
In a recent report, Macau lawmaker Leong Sun Iok and the country’s Federation of Trade Unions showed concern in connection to the mental and physical well-being and health of employees in the gaming industries. As per Macau news outlets, following these concerns, Leong is now asking the government to “promote the social responsibility of gaming […]
Industry
August 5, 2024
Diplomats Questioned About Casino at Uganda Embassy in Dubai
On July 24, Uganda’s Shadow Minister for Foreign Affairs, Hon. Muwada Nkunyingi, expressed concern and called for a complex investigation into allegations saying diplomats were running a casino in Dubai’s Ugandan Consulate. During the same statement, the minister said the misdeeds of the diplomats, which broke the laws of both the United Arab Emirates (UAE) […]
Industry
August 5, 2024
French Police Nab Casino Fraudsters Using Camera and Earpiece
Two men accused of cheating were recently arrested at the Casino Barrière Enghien-les-Bains in Paris, France. Law enforcement said that the method used by the two men was unique and enabled them to win tens of thousands of euros per night in casinos all across Europe. Cheating on the casino floor is considered an offense […]
Industry
August 5, 2024
Security Shoots Attacker after Stabbing at Las Vegas Casino
A violent crime at a Las Vegas casino left three people injured over the weekend. The accident at Red Rock Resort dates to the early morning hours of Saturday, August 3, 2024. At approximately 1:30 AM, law enforcement was dispatched to the popular casino located at 11000 W Charleston Blvd in Las Vegas. The police […]
Business
August 1, 2024
Flood of Curaçao Gaming License Applications Triggers Delays
After the Curaçao Gaming Control Board (GCB) announced the reopening of its online portal for business-to-consumer and business-to-business license applications on July 15, operators’ interest in penetrating the popular gambling market has gone through the roof. According to information from the GCB’s managing director, Cedric Pietersz, the regulator is currently looking for ways to improve […]
