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Casino
December 24, 2024
Two Men Shot as Robbery Goes Wrong at Queens Illegal Gambling Room
Two men were shot in what police believe was a botched robbery at an illegal gambling den in Queens. The violence erupted late Thursday night in Flushing, a neighborhood known for its eclectic mix of communities and, increasingly, its underground gaming. Reports by locals reveal that many remain skeptical regarding law enforcement’s ability to impose […]
Business
December 24, 2024
Churchill Downs Dumfries VA Casino Hotel Shows Signs of Strengths
The Rose Casino Hotel in Dumfries, Virginia, owned by Churchill Downs has been up and running for two months now, although it has not opened to the general public yet. Regardless, a recent report by Stifel analyst Jeffrey Stantial suggests that Churchill Downs is a “buy” rating with its stock price target set at $164 in […]
Industry
December 24, 2024
Mississippi Gives Go-Ahead for Tullis Casino Resort in Biloxi
The Mississippi Gaming Commission has voted in favor of the new Biloxi Casino Resort location which will see the project be built from the ground up. The Tullis Garden Hotel and Casino will sprawl on 35 acres at 360 Beach Blv west of Harrah’s Gulf Coast, following a meeting last Thursday. Tullis Garden Hotel and […]
Casino
December 24, 2024
Irish Banks to Introduce Voluntary Gambling Transaction Blocks
Ireland’s gambling regulator is collaborating with leading financial institutions to implement a voluntary block on gambling-related credit and debit card transactions. The move aims to address the proliferation of gambling harm across the nation and should significantly enhance consumer protections, highlighting Ireland’s growing focus on curbing problem gambling. Self-Exclusion Is a Valuable Tool Some banks […]
Casino
December 24, 2024
JPMorgan Sells Stake in Star Entertainment as Problems Grow
JPMorgan Chase & Co. has sold its stake in Australia’s Star Entertainment Group, according to a regulatory filing on December 23, 2024. This move is big news for the investment bank, which used to own 5.09% of the casino operator’s voting shares. JPMorgan made this choice while Star Entertainment faces financial troubles and regulatory hurdles. […]
Casino
December 24, 2024
Evolution Under UKGC Scrutiny Amid Black Market Concerns
Evolution AB, a leading B2B online casino solutions company, is under investigation by the UK Gambling Commission (UKGC) due to claims of black-market activity. Evolution Pledges Support for UK’s Regulated Market During UKGC Review Process The UKGC started the review under Section 116 of the Gambling Act 2005 to check if unlicensed operators in the […]
Casino
December 23, 2024
Playtika Teams Up with IGT to Elevate Social Casino Gaming
Playtika Holding Corp., recognized as a global leader in mobile gaming and interactive entertainment, has announced a noteworthy new partnership with gaming industry powerhouse IGT. This strategic collaboration seeks to integrate IGT’s globally acclaimed slot titles into Playtika’s social casino offerings, enriching the gaming experience for millions of players worldwide. A Match Made in Gaming […]
Casino
December 23, 2024
Cybersecurity Summit Coming to Florida on February 26-28
The Cybersecurity Summit will celebrate its fifth anniversary with its first in-person edition, as industry experts converge on Miami Florida to attend the gathering hosted by TribalHub. Cybersecurity Summit Sets to Tackle Tribal Gaming Security Problems The Cybersecurity Summit is taking place on February 26-28 and will reunite top cybersecurity experts and fellow leaders with […]
Business
December 23, 2024
XLMedia Outlines Further Redundancies Affect the Company’s CEO
A new update submitted by XLMedia, a digital performance marketing firm, outlines its restructuring of the Board of Directors which will also see the position of chief executive officer made redundant. Board Members and CEO to Go in the Summer of 2025 The changes outlined for the Board will come into effect in the second […]
Casino
December 23, 2024
Isle of Man Issues $870K Penalty to Betsson Subsidiary
BMO Manx has been targeted in a comprehensive move by the Isle of Man’s Gambling Supervision Commission, which is the gambling regulator in the jurisdiction. The gambling regulator has fined the company $870,000 or £700,000. BMO Manx Hit with Penalty in Isle of Man According to the watchdog, BMO Manx has had shortcomings in its […]
