Gambling News - 'Casino'
Business
March 6, 2024
Catena Media Picks Manuel Stan as Permanent CEO
Manuel Stan, a former Kindred Group executive, now steps into the role. He will be running the company out of Las Vegas and will be responsible for both the group’s North American and global market operations. Two-Decade Industry Veteran to Lead Catena’s NA and Global Efforts Stan will be assuming the top job at the […]
Casino
March 6, 2024
Soft2Bet FY 2023 Results Driven by Expansion and Gamification
Soft2Bet was able to notch up a 46% year-over-year growth in group revenue for its full financial year 2023, spurred by the arrival of the Motivation Engineering Gamification Application gamification product. Gamification Takes the Biscuit for Soft2Bet in 2023 Both the company’s B2B and B2C results stood tall during the surveyed period, with financial results […]
Industry
March 6, 2024
Alabama Approves Revised Gambling Bill, Drops Casinos and Sports Betting
The Alabama Senate committee has endorsed a revised version of the gambling bill, deviating from the original proposal set forth by the House of Representatives. The amended bills primarily focus on introducing a state lottery while omitting provisions for sports betting and full-scale casino operations. Revised Bill Propels Alabama Special Election for Gambling Reform The […]
Casino
March 6, 2024
Chinese National Wanted for Baccarat Cheating at Mohegan Pennsylvania
Authorities in Pennsylvania are on the hunt for a suspected baccarat cheater after an attempted scam at the Mohegan Pennsylvania casino in Wilkes-Barre. The individual in question, Jianchu Liu, a 47-year-old Chinese national, is believed to be part of a professional cheating ring known to have targeted various casinos across the United States. Surveillance Footage […]
Industry
March 5, 2024
NGCB to Review Licensing for Bally’s Executives
A massive project, requiring the demolishment of Tropicana in Las Vegas, Nevada, is expected to bring a new baseball stadium with 33,000 seats, along with an integrated resort. The new stadium is expected to be the home of the popular Major League Baseball (MLB) franchise, the Oakland Athletics. The ambitious project with a price tag […]
Industry
March 5, 2024
Macau’s Casino Industry Was the Main Driver of Tax Income in 2024
Macau’s Financial Services Bureau has published information about the tax contribution of the region’s six casino concessionaires. According to the report, the special administrative region’s gambling industry continues to be the main driver of tax income. The total tax revenue reported by the government was $10.5 billion. The bureau said that the six casino companies […]
Casino
March 5, 2024
Vegas Casinos Pay Out Millions in Jackpots to Lucky Players
Casinos on the Vegas Strip and beyond have paid out millions of dollars in jackpots to players over the past few days. This has highlighted the gambling industry’s potential to change lives and reward lucky customers. Lucky Customer Makes It Look Easy, Wins Two Jackpots in a Row Speaking of luck, one of the aforementioned […]
Industry
March 4, 2024
Legal Obstacles May Impact the Growth of India’s Gaming Sector
India, the country with the highest population and fifth-largest economy on the globe, can benefit significantly from legalized gambling. The worldwide availability of smartphones and easy access to the internet grants millions of users access to online gambling activities and Indians are not an exception. While the country doesn’t prohibit online betting, only a couple […]
Business
March 4, 2024
Solaire Resort’s FY23 GGR Hits 97% of Pre-Pandemic Levels
Bloomberry Resorts Corporation, which owns and operates Solaire Resort Entertainment City, has reported consolidated net revenue of Php11.9 billion ($212 million) in Q42023 for the Manila-based integrated destination resort that spreads across an 8.3-hectare site. The figure, which marks a 3% year-on-year rise compared to 2022’s fourth quarter, was partially generated with the help of […]
Industry
March 4, 2024
Jacksonville Police Arrests Suspect in Casino Robbery Case
Casinos are often targets of illegal activities and this is primarily because they handle large amounts of cash. However, gambling operators do not stand idle and invest heavily in security solutions, including security personnel, CCTV, metal detectors and AI solutions that help flag problematic behavior such as cheating or identify individuals who are not permitted […]