Casino
December 28, 2022
Man Who Gambled $2.4M Faces Allegations of Running a Ponzi Scheme
He was arrested earlier in December on a warrant for several charges related to what authorities have described as including security fraud, theft, and more. Buckle did not enact his fraud alone, with Warisra Stevens, a person described as his “confident” also standing trial last year and pleading guilty to multiple charges, including securities fraud […]
Casino
December 28, 2022
Fontainebleau Las Vegas Secured $2.2B to Ensure Project Completion
A long-delayed casino resort slated to appear on the Las Vegas Strip is set to finally complete construction work after securing a $2.2 billion loan from a group of banks and other investors. Testament of Dedication Fontainebleau Las Vegas, developed by a partnership between Fontainebleau Development and Koch Real Estate Investments (KREI), a subsidiary of […]
Casino
December 28, 2022
Harrah’s Nebraska Casino in Columbus to Begin Construction Work
Harrah’s casino in Columbus, Nebraska, received the go-ahead from the state’s regulator and the developer is ready to begin construction on the building’s framework in the coming weeks. Harrah’s Casino to Open in 2024 The Nebraska Racing and Gaming Commission green-lighted during its meeting on December 21 the beginning of construction work for the permanent […]
Industry
December 28, 2022
Genesis Global Laid off 140 Employees, Filed for Insolvency
Malta-based gaming firm Genesis Global presented its local employees with an unexpected Christmas present, informing them that they have become redundant just two days before the festive period. Notice for Christmas Present Around 140 employees received an e-mail on Friday telling them that Genesis Global has filed for insolvency and, as the firm is permanently […]
Industry
December 28, 2022
Mississippi’s Casinos Drive $2.3B in Gross Revenue in 11 Months of 2022
The Magnolia State casinos enjoyed a robust performance in the surveyed period, boosting overall tax contributions to the budget significantly. This is especially important given the fairly low rate of taxation Mississippi levies casinos with, including 4% for the first $50,000 in gross revenue, 6% for the next $84,000 in gross revenue, and 8% for […]
Casino
December 28, 2022
South Dakota Arrests Man over Series of Casino Robberies
The man has used a firearm to threaten people inside the casinos to surrender their money, the Sioux Falls Police Department spokesperson told media outlets. The robberies began with a first hit against the Big Al’s Casino on December 19. In this particular instance, the suspect entered the casino, used a firearm, and left with […]
Industry
December 28, 2022
NSW Police Commissioner Welcomes Cashless Gambling for Pokies
The latest official to support the measure is NSW police commissioner Karen Webb who said that tougher measures are necessary to stop dirty money flowing throughout the state’s pokies machines. The matter has driven a wedge between hospitality industry backers and officials who believe that the state’s gaming operations are abused by criminals who have […]
Legal
December 23, 2022
Miccosukee Tribe Sues Insurance Company for $5M Swindled in a Casino Fraud
The Miccosukee Tribe of Florida launched a legal proceeding against its insurer Great American Insurance Company seeking to recoup $5.3 million, which was swindled in an elaborate embezzlement scheme at its Miccosukee Casino & Resort in Miami-Dade County. Four employees, three spouses and a girlfriend were convicted of theft, computer fraud, and money laundering. Beginning […]
Casino
December 23, 2022
Borgata’s Renovated Miralto Lounge Offers an Exquisitely Luxurious Experience
Atlantic City’s Borgata Casino officially announced the long-awaited relaunch of its high-limit Miralto lounge. The renovated play space underwent an extensive multi-million redesign, featuring many top-of-the-line amenities, appealing to wealthy bidders. The casino also plans to overhaul the rest of the slot and table game spaces to offer a more polished and engaging experience. Miralto […]
Casino
December 23, 2022
Slotegrator Adds Hölle Games Products to Boost Supplier Expansion
As a result, Hölle Games will have the opportunity to significantly grow its footprint across the continent and benefit from Slotegrator’s reach. The studio itself is licensed by the Malta Gaming Authority and holds an ISO 27001 certification. Its products are already established in Europe with games such as Höllische Sieben, Fruits, and Jolly Wild […]
