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Casino
December 22, 2023
VGCCC Fines AHL AU$460K, Pushing Total Fines to AU$1M in 2023
The VGCCC has found evidence, the regulator stated, that ALH had operated EGMs at eight venues outside of the designated trading hours and had not complied with mandatory shutdowns, which take effect every 20 hours of gaming. A venue must be shut down for at least four hours. VGCCC Steps in to Fine Offending Venues […]
Business
December 22, 2023
Analysts Bullish on MGM, LVS, Penn, Caesars Stock in 2024
Stocks that rely heavily on economic conditions and business cycles are called consumer cyclicals. Such stocks can include companies operating within the retail, housing, automotive and entertainment industries. This includes major gambling operators. According to a newly released report, Citi Research included two leading gaming and entertainment operators within its top choices for consumer discretionary […]
Industry
December 22, 2023
Florida Sen. Blaise Ingoglia Proposes Bold Gambling Expansion Bill
Florida state Sen. Blaise Ingoglia has introduced SB 1054: Pari-mutuel Permitholders, aiming for a significant gambling expansion as the 2024 legislative session approaches. Florida Commission Faces Scrutiny as Senator Files Bill for Regulatory Changes The bill, filed on December 21, targets the Florida Gaming Control Commission, proposing the removal of a requirement for certain permitholders […]
Casino
December 22, 2023
Kindred Group Launches with OnAir Entertainment for Live Casino
Kindred Group will benefit from OnAir Entertainment’s dedicated live casino content and strengthen its presence in the vertical through the addition of new & dynamic titles. OnAir Entertainment brings a diverse selection of titles, including traditional live casino games as well as game shows designed to elevate the entertainment value operators can provide their audiences. […]
Industry
December 22, 2023
MGM Resorts Donates $360K to International Center for RG
MGM Resorts International has demonstrated a clear and unfaltering commitment to creating robust and sustainable gambling experiences, not least through the introduction of the GameSense responsible gaming program and championing public awareness companies such as the American Gaming Association-led Have A Game Plan. Bet Responsibly, which has sought to educate the public on the dangers […]
Industry
December 22, 2023
UK Lawmakers Urge Swift Action on Gambling Reforms Amidst Rising Concerns
The Culture, Media and Sport Committee (CMSC) of the House of Commons has released a comprehensive report on gambling regulations, highlighting critical issues that demand urgent attention. The report, compiled from formal meetings and insights from industry experts, scrutinizes the progress made since the White Paper’s release earlier this year. CMSC Calls for Clear Legislative […]
Casino
December 21, 2023
Mohegan Remains Committed to LV Casino despite Recent Results
Earlier this month, the Mohegan Tribal Gaming Authority, the premier integrated entertainment resort developer, released its fourth quarter results. The company’s Q4 figures highlighted growth and diversification with an overall net revenue increase of 7.6% year-over-year to $444.3 million. Despite the positive result, Mohegan’s Las Vegas operations showed a decrease in adjusted EBITDA and revenue. […]
Legal
December 21, 2023
Alabama Senator Fears Gambling to Win Democrats Election
Efforts for the repeal of Alabama’s prohibition on gambling date back more than two decades. Back in 1999, voters in the state rejected a proposal that called for the establishment of a lottery and similar efforts since have not gained much traction. While lawmakers identify the potential benefits of legal gambling, no bill has made […]
Casino
December 21, 2023
Pragmatic Play Expands Live Casino Proposition with BetMGM & LeoVegas
Moving forward, both BetMGM’s UK-facing website and LeoVegas dot com will have access to a variety of live casino options developed by the company. Expanding Live Casino Portfolio and Reach Notably, Pragmatic Play has deployed its Auto Mega Roulette, a branded and authentic game that adds the Mega Multipliers feature for up to 500x wins […]
Casino
December 21, 2023
Hard Rock to Hire 400 People Ahead of Rockford Casino Opening
Hard Rock prepares for the launch of its new Rockford property in August and announced it plans to hire 400 more people. As reported by the Rock River Current, an Illinois and Wisconsin-focused news outlet, Hard Rock Casino Rockford has many available management positions in food and beverage service, casino operations, transportation, retail, warehouse and […]
