Casino
February 13, 2023
Atlantic City Casinos Tax Break Still in the Air
New Jersey is now appealing the Court’s most recent ruling in favor of Atlantic County and nonprofit Liberty and Prosperity 1776. The ongoing dispute has raised accusations of preferential treatment and depriving local communities of much-needed income. With millions on the line, each side will fight to the end to secure what they believe is […]
Business
February 13, 2023
Bally’s Corporation Says Robeson Reeves to Replace Lee Fenton as CEO
The global casino-entertainment company with a constantly growing offering of sports betting and iGaming products has announced its current chief executive officer Lee Fenton will be replaced by its interactive department president – Reeves. Fenton Will Also Leave Bally’s Board of Directors The decision will come into effect starting March 31, 2023. Besides stepping down […]
Business
February 13, 2023
Preliminary Results Predict 1% Revenue Drop for The Star in H1 FY23
The operator released its unaudited results for H1 FY23, revealing strong performance but an overall drop in revenue. The Star explained that for H1 FY23, the domestic revenue of The Star Gold Coast increased by 30% when compared to the corresponding period pre-COVID or H1, FY19. This result marked an achievement for the company as […]
Legal
February 13, 2023
UKGC Vows to Strike Balance in Introduction of Affordability Checks
The topic of how these checks have affected gamblers and the industry overall has been making headlines for weeks now. There were many stories where punters were being required to submit personal financial information, and some were so reluctant, they claim they’d rather turn to the black market. Confusion Around Affordability Checks Andrew Rhodes is […]
Industry
February 13, 2023
Western Sydney Oversaturated with EGMs, Says New Report
The research by Western Sydney University probed into the gambling operations in Sydney, calling the activities a “silent epidemic” for the Western Sydney region. The study, titled “Paying the Price: Gambling-Related Harm in Western Sydney” uncovered that the impact of gambling-related harm is evident in Western Sydney. It said that although the region contains only […]
Business
February 13, 2023
FanDuel Is on Annual Profitability Path in 2023 Says CEO
In an interview for Bloomberg Television, Howe expressed her optimism about the company’s future and emphasized the robustness of the company’s operations. FanDuel Expects 17 million Bets on the Super Bowl FanDuel CEO Amy Howe expressed her confidence that this year will mark a turning point for her company: We feel very confident about our […]
Industry
February 13, 2023
Ygam Reports Strong Pull with Young People in Annual Results
The organization said that it was able to reach an exact number of 1,857,895 young people with its various services and generally strengthen its expertise in providing this cohort with the support they need to defy gambling-related harm, seek help, or offer assistance to others. The charity has been able to train 4,819 delegates and […]
Legal
February 10, 2023
Texas Lawmaker Disagrees with Betting and Gambling Proposals
After the start of the legislative season early in January, lawmakers in the state are trying to push the legalization of sports betting, as well as casino gambling. Different proposals seek to legalize the activities, predicting that betting and gambling will deliver economic stimulus and at the same time reduce the share of the black […]
Casino
February 10, 2023
Massachusetts Approves Encore Boston Harbor Expansion
Wynn Resorts – Encore’s operator – received MGC’s blessing to construct a new building right across the street from its current integrated casino. The new plans include a variety of fresh offers, including sports betting, thanks to Massachusetts legalizing it recently. Expansion Plans Get Green Light The MGC approved the expansion on Wednesday after a […]
Casino
February 10, 2023
Illinois Senator Submits Bill to Legalize Online Casinos
SBC Americas reported that this legislation would allow casinos and racetracks in Illinois to apply for an internet gaming license, which can include up to three skins. The license will cost $250,000 and will be regulated by the Illinois Gaming Board. The New Legislation Introduces a 15% Tax Rate The new bill introduced by Sen. […]
