Industry
April 16, 2024
AHLA Publishes State-by-State Predictions about the US Hotel Industry
The American Hotel & Lodging Association (AHLA) has published its projection for the hospitality industry’s performance in 2024. The organization expects hotels across the country to generate record-breaking levels of federal, state and local tax revenue while paying employees historic totals of wages, salaries and compensations. The Association expects hotels to generate a whopping $83.4 […]
Casino
April 16, 2024
Virginia’s Bristol Casino Achieves Historic Revenue Milestone
The Bristol Casino in Virginia, US, set to become the Hard Rock Casino, has marked a historic milestone by surpassing its previous revenue records in March, with an astonishing $16.3 million in adjusted gross income. This figure, released in a report by the Virginia Lottery, represents a remarkable 9% increase over its previous best month […]
Industry
April 15, 2024
Star Sydney’s Gaming Team Accused of Alleged Records Falsification
Regulatory breaches by one of the largest gaming and entertainment operators in Australia, Star Entertainment Group, tangled the group into prolonged scrutiny. In New South Wales and Queensland, the company was found unsuitable to hold a license, requiring it to make robust changes to its operations. On the path to regulatory compliance, Nicholas Weeks was […]
Business
April 15, 2024
Sinclair Broadcast Group Divests 7.91M of Bally’s Shares
The leading gaming and entertainment company, Bally’s Corporation, announced it registered to sell some 7.9 million shares on behalf of SBG Gaming LLC, a company that is a wholly-owned subsidiary of Sinclair Broadcast Group Inc. Details regarding the divestment came from a Form S-3 filing with the Securities and Exchange Commission (SEC) dated April 12, […]
Industry
April 15, 2024
Text Messages Unveil Star’s Plot against NSW Regulator
For the last few years, Star Entertainment Group, the leading gaming and entertainment company in Australia, has been at the center of a massive scandal related to regulatory failings. Inquiries into the company’s operations found it unsuitable to hold a casino license in Queensland as well as New South Wales (NSW). Regulatory action was taken […]
Casino
April 15, 2024
Maryland Lawmaker Defers Online Casino Bill to 2026
Maryland Sen. Ron Watson announced his decision not to introduce a bill for online casino legalization in 2025. Despite Maryland’s proximity to passing such legislation in 2024, Watson emphasized the necessity of allowing more time for deliberation before revisiting the issue. Sen. Watson Advocates for Patient Approach to Maryland Online Casino Legalization Sen. Watson explained […]
Casino
April 12, 2024
Two Rolls Royce Cars Owned by IPI Sold for $333K
Two luxury Rolls Royce vehicles, part of the assets of Imperial Pacific International (IPI) LLC, the troubled Saipan casino operator, were up for sale via an auction that closed on April 11. The luxury cars were able to find new owners, after the company in charge of auctioning the assets, Clear Management Ltd, confirmed the […]
Blockchain
April 12, 2024
CoinGames Introduces Fully Decentralized Gambling Site
CoinGames, the gambling platform that has taken the iGaming world by storm by leveraging the latest in blockchain technology and using innovation in Web3 development and adoption, has created the world’s first fully licensed decentralized gambling site. What Users Can Expect The recently launched web3 casino platform is now providing users with secure and well-streamlined […]
Industry
April 12, 2024
Wynn’s Hudson Yards Office-Casino Proposal Faces Community Board Opposition
In September 2022, Wynn Resorts and Related Companies joined forces in an effort to pursue a casino license in New York. The duo selected Western Yards at Hudson Yards for the site of the ambitious project. New York is expected to award a total of three new downstate casino licenses so the interest in the […]
Industry
April 12, 2024
Concerns Mount for Aspinall’s Casino amid Parent Company Issues
A few years ago, Crown Resorts, the leading gaming and entertainment company, was tangled in a massive scandal in Australia that ultimately resulted in an extensive review of its operations across the country by the government. In 2021, a probe uncovered alleged deficiencies related to anti-money laundering regulations, claiming that the operator failed to meet […]
