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Industry
October 17, 2023
Memphis PD Seizes Illegal Gambling Machines and $1M Cash
An ongoing police operation against illegal gambling across Memphis, Tennessee, saw more than $1 million in cash seized, along with nearly 270 illegal gambling machines. The Memphis Police Department (MPD), announced Monday details regarding an ongoing operation that sought to investigate and discontinue criminal activities related to illegal gambling, as well as acts of violence […]
Business
October 17, 2023
NJ Gaming Revenue Soars in September Driven by Betting, iGaming
The gambling regulator in New Jersey, the Division of Gaming Enforcement (DGE), released its latest report, revealing insights regarding the performance of licensed gambling operators for the month of September. The new report, released Monday, reveals that the total gaming revenue reported by casinos, racetracks and their partners soared to $521.5 million last month. This […]
Casino
October 17, 2023
Detroit Casino Workers Near Massive Strike Over Contract Disputes
Detroit casino workers are on the brink of a massive strike set to begin at noon on October 17 unless an agreement is swiftly reached between unions and the city’s three major casinos. This development marks the first time in Detroit’s history that casino workers have contemplated such a drastic measure. Detroit Casino Unions Demand […]
Casino
October 17, 2023
Fontainebleau Las Vegas Prepares for Grand Opening with Key Executive Hires
In anticipation of its grand opening on December 13, Fontainebleau Las Vegas, the dazzling resort nestled on the northern stretch of the iconic Las Vegas Strip, has announced pivotal additions to its leadership team. Fontainebleau Las Vegas Welcomes New CFO and CAO John Helderman, a distinguished professional with 25 years of experience in gaming, finance, […]
Business
October 17, 2023
Canada’s Gateway Casinos Contemplates $2B Sale Amidst Industry Shifts
Gateway Casinos & Entertainment Ltd., one of Canada’s leading gambling enterprises, is currently weighing its strategic options, considering a potential sale or other avenues, sources familiar with the matter disclosed. The company, which boasts 31 gaming properties scattered across British Columbia, Ontario, and Alberta, is actively seeking a valuation of around $2 billion, including a […]
Legal
October 16, 2023
MGM Player Seeks Damages after Losing Millions Because of a Spiked Drink
Dwight Manley, a 57-year-old real estate executive and a prominent high roller, is taking MGM Resorts to court. According to him, a spiked drink caused him to lose adequacy and wager away two million dollars. Manley alleges that the MGM staff did nothing to prevent his losses other than offering him credit. Manley, a long-time […]
Legal
October 16, 2023
BOS Agrees with Proposed Tighter Credit Rules in Sweden
BOS, the Swedish Trade Association for Online Gambling, an organization that represents 20 licensed gambling operators in Sweden, showed support for a proposal that seeks to reduce over-indebtedness and risky lending, effectively protecting the customers in the country. The proposal, submitted by the Ministry of Justice, called for the implementation of a debt register and […]
Casino
October 16, 2023
Catawba Two Kings Casino’s Construction Gets Delayed Again
The Catawba Nation is currently working on a new casino property in Kings Mountain, North Carolina. The property, called Catawba Two Kings Casino, was set to begin construction in 2022. However, various setbacks have pushed that date back. Around 35 miles west of Charlotte, the tribal nation’s latest property is set to overlook Interstate 85. […]
Casino
October 16, 2023
MGM’s Hornbuckle Expresses Optimism for UAE’s Emergence as Casino Hub
In a speech at the Global Gaming Expo (G2E) in Las Vegas, MGM Resorts International CEO Bill Hornbuckle expressed his optimism about the United Arab Emirates (UAE) becoming a hub for casino resorts. MGM’s Dubai Casino Project Awaits UAE Approval Hornbuckle, during his address at G2E, stated that MGM Resorts is actively working on a […]
Casino
October 16, 2023
Weight Loss Drug Surge to Impact Casinos and Gaming Industry
The booming popularity of weight loss drugs is making an impact on unexpected sectors, with the casino and gaming industry finding itself on shaky ground. Weight Loss Drug Market Set to Soar to $77B Shaun Kelley, an analyst at Bank of America, highlighted the potential correlation between obesity and problem gambling. Studies indicate that a […]
