Casino
April 3, 2023
Star Sydney CEO Resigns at a Crucial Time for the Embattled Casino
Wharton’s decision to leave Star leaves the operator leaderless amidst ongoing anti-money laundering reforms, up to $1 billion in fines, several lawsuits, and a potential tax hike on the horizon. As the person responsible for restoring order and compliance to the struggling casino, his departure has caused substantial concern among regulators. However, Star Entertainment CEO […]
Casino
April 3, 2023
The Crown Melbourne To Enforce Mandatory Breaks for Patrons
The Victorian government has joined Western Australia in its efforts to minimize gambling harm at the troubled Crown Casino. The Royal Commission recently recommended betting and time limits for Crown Perth in Western Australia, and authorities in Victoria have already mandated similar measures for the operator’s Melbourne branch. Patrons must take mandatory breaks every few […]
Industry
April 3, 2023
New Levy Proposed on UK Gambling Firms to Fund NHS Addiction Treatment
Daily Mail and Daily Express reported that the UK Government is planning to introduce a new levy on gambling companies to fund treatment programs for those addicted to gambling, with the proceeds being directed toward the National Health Service (NHS). Proposed New Levy to Prevent Firms from Exploiting Loopholes in Gambling Contributions The proposed new […]
Casino
April 3, 2023
Woman Refuses to Leave Slot and Pees on Casino Floor
Many people believe in succeeding with the help of good luck. Some engage in good luck rituals, others make a wish when a clock shows the same number three or four times. But then there are some that believe that good luck can be lost and they need to hold on to it. This is […]
Casino
April 3, 2023
Former Doctor with Gambling Addiction Regains Medical License
North Wales Live reported that after the medical tribunal panel concluded that Dr Aled Jones had gained adequate insight into his conviction, he was reinstated to the medical register following an 18-month suspension. Medical Tribunal Panel Lifts Suspension of Dr Jones After Extensive Remediation The medical tribunal panel acknowledged that Dr Jones had received two […]
Casino
April 3, 2023
Deutsche Bank Upbeat about Wynn Prospects
Deutsche Bank analyst Carlo Santarelli has defied expectations for the casino resorts sector, posting an upbeat outlook for Wynn Resorts. According to Santarelli, Wynn’s shares will soar. Wynn Resorts Is Gathering Financial Momentum He bases this outlook on several main factors that are going to drive an upsurge in the company’s stock over the next […]
Legal
March 31, 2023
VDACS Regulates Charitable Bingo and Texas Hold’em Games
The state’s Department of Agriculture and Consumer Services (VDACS) is the most recent agency to join the list of current agencies regulating gambling in the Old Dominion. By giving the green light to electronic bingo and Texas Hold’em games played for charity purposes, the department will oversee the exact percentage of the money played will […]
Business
March 31, 2023
GAN Posts Strong Q4 and 2022, Confirms Strategic Review Launch
North American business-to-business (B2B) technology provider of real money internet gaming solutions and fast-growing international business-to-customer (B2C) betting operator, GAN, released its unaudited financial results outlining the performance of the company during the fourth quarter and 2022. The company posted strong revenue growth for Q4 and 2022, complemented by growth within B2B and B2C segments. […]
Casino
March 31, 2023
Card Shuffler Accused of Cheating Live Casino, Winning $47K
A 23-year-old Norwalk, Connecticut resident surrendered to police earlier this week after his alleged participation in an elaborate gambling scam. The man, identified as Sebastian Echeverri, allegedly win nearly $50,000 by cheating in a virtual casino operation and using multiple online accounts that belonged to him, a report released by Patch reveals. The 23-year-old man […]
Industry
March 31, 2023
After Stealing to Fund Gambling Habit, Woman Turns Life Around
Tracey Stevenson, a Thetford, UK resident, was sentenced to four years in prison back in 2017 after she admitted stealing £1.7 million ($2.1 million) from her employer. The hefty sum reportedly was primarily used for gambling, as well as personal expenditures. Besides the money she stole, Stevenson had ironically secured two significant gambling wins, £220,000 […]
