Casino
July 26, 2024
Nevada Gaming Commission Confronts Penn on Compliance Shortfalls
The Nevada Gaming Commission criticized Penn Entertainment for major issues with compliance, such as having minors in casinos, allowing self-excluded persons to place bets, and slow updating of company policies. These failures became a key subject during the evaluation of Penn’s ongoing IPO, which was approved despite the raised concerns. Penn Entertainment Pledges Policy Overhaul […]
Business
July 25, 2024
LET to Axe Primorye Casino Resort Amid War-Related Sanctions
LET Group Holdings, a group that develops and operates integrated resorts across the Philippines, the Russian Federation and Vietnam, is set to hold a shareholder meeting to discuss the future of its Tigre de Cristal resort. The property, located in Russia’s Primorye gambling area, could be axed amid difficulties related to the West’s sanctions. For […]
Casino
July 25, 2024
LVS’s New York Casino Inches Closer to Reality
Las Vegas Sands has celebrated a major milestone, which brought it closer to the fulfillment of its NY casino plans. The company, which hopes to create an integrated resort at the Nassau Coliseum on Long Island, just secured a key approval from the Nassau Country Legislature Rules Committee. The approval greenlights a 42-year lease on […]
Casino
July 25, 2024
New Details Emerge on Future Ho-Chunk Casino in Beloit
The Ho-Chunk Nation, one of the largest federally recognized tribes of Wisconsin, has released new details about their upcoming Ho-Chunk Gaming Casino in Beloit. This ambitious project will significantly expand the tribe’s gaming businesses from its six current locations. Drawing from its substantial experience, the tribe hopes to attract guests with a world-class casino and […]
Industry
July 24, 2024
Couple from Las Vegas Arrested after Brazen $652K Theft at Primm Casino
An elderly couple, suspected of being involved in a brazen robbery from a casino in Primm, Nevada, was recently detained. The couple is suspected of stealing more than $652,000, the Las Vegas Review-Journal reports citing data from the Metropolitan Police Department. The husband, identified with the initials J.S., 63, as well as his wife, identified […]
Industry
July 24, 2024
Colorado: Pueblo Police Continues the Fight against Illegal Gambling
Government and law enforcement agencies across the United States continuously fight against illegal gambling. The fight involves not only the online but the retail gambling vertical as well. Every month, thousands of devices are seized in operations against the black market. Money, expensive items as well as drugs and guns are also often seized by […]
Industry
July 24, 2024
Gaming Tech Earnings Forecast Shows Positive Trends, Says Stifel Analyst
As the second quarter earnings season continues, gaming technology companies are preparing to announce their financial results. Analysts expect a generally positive performance across the sector. Stifel Analyst Predicts Strong Q2 for Light & Wonder and PlayAGS, Mixed Outlook for IGT and Everi According to a recent client note from Stifel analyst Jeffrey Stantial, Light […]
Legal
July 24, 2024
Pending Legislation May Halt FTC Probe into MGM Cyberattack
A bill in the US House of Representatives could stop the Federal Trade Commission (FTC) from investigating last September’s cyberattack on MGM Resorts International. The Republican-sponsored spending bill also calls for a 27% cut in the FTC’s budget. Congress Introduces Bill to Limit FTC’s Power in MGM Ransomware Probe The provision targets a civil investigative […]
Industry
July 23, 2024
Attacker in Reno Casino Sex Assaults Sentenced to Life in Prison
A 27-year-old man has been sentenced to life in prison after assaulting two women at casinos in Reno. The man was involved in two separate incidents before he was arrested by law enforcement. Identified with the initials B.E., the 27-year-old man pleaded guilty to attempted sexual assault with the use of a deadly weapon, as […]
Casino
July 23, 2024
Politicians and Charities Oppose Wynn’s NY Casino Plans
Las Vegas Sands isn’t the only company to face difficulties in relation to its New York casino plans. Politicians representing the West Side of Manhattan have now also opposed Related Cos.’s plans to construct a Wynn-branded casino hotel in the High Line area. The Property Would Add Gaming to the High Line The planned property […]
