Industry
November 3, 2022
Fitch Ratings Updates 2023 Outlook for Las Vegas Strip Casinos
Indeed, you can have too much of a good thing, and Fitch Ratings Services predicts that Las Vegas Strip casinos might have reached their peak in 2022. The 2023 outlook analysts had for Las Vegas initially had gaming as a stronghold but it seems growth rates have been somewhat unsustainable. Small Adjustments to Expectations Following […]
Business
November 3, 2022
Despite Net Loss Widening, RSI Continues to Improve Revenue
Rush Street Interactive has reported its third-quarter results for the period ending on September 30, 2022. The company, which focuses on sports betting and online casino products in the United States and the Americas, has had much to be happy about, the report noted, although some subdued performance still persisted. Net Loss Nothing to Worry […]
Casino
November 3, 2022
Pai Gow Player Wins $1M at The Venetian Resort Las Vegas
A Las Vegas local will remember this past weekend for the rest of their life after hitting the progressive jackpot and winning $1 million at The Venetian Resort Las Vegas, local news media KTNV reported. Video Poker Mints New Millionaire The winner, who wished to remain anonymous, won the money during a game of Face […]
Industry
November 3, 2022
BlueBet’s ClutchBet Launched Player Matchup Parlays Product
US mobile-first online sportsbook ClutchBet announced it has launched a new product, ClutchClash, exclusively for its players in Iowa. H2H Player Matchup Parlays The launch of the world-first ClutchClash product in Iowa allows bettors to utilize player matchups across the NFL and NBA by making the ultimate head-to-head player parlays, using player prop markets in […]
Business
November 2, 2022
Melco’s Q3 Report Signals 46% Drop in Revenue
Toward the end of October, Melco Resorts & Entertainment announced it was getting ready to recruit 1,000 employees to fill in the new positions for its new Mediterranean project in Cyprus. Now, the company has made its unaudited third-quarter earnings for 2022 public, signaling a 46% decrease in total operating revenue. Strict Traveling & Covid-19 […]
Industry
November 2, 2022
NSW Deputy Premier Claims Cashless Tech Is Not Implementable Yet
New South Wales politicians continue to discuss the prospects of introducing cashless gaming in the Australian state. Some believe that the technology will benefit the sector and reduce financial crime, while others fear the implementation of such tech may be too costly. Paul Toole Has Some Doubts about Cashless Tech Dominic Perrottet, the state’s premier, […]
Casino
November 2, 2022
Table Trac Deploys CMS with Golden Buffalo Casino & Motel
Table Trac, Inc has entered into a new partnership with the Golden Buffalo Casino and Motel in Lower Brule, South Dakota. The partnership will see the supplier and developer of casino information and management systems deploy its CasinoTrac system, which is a dedicated Casino Management System. Golden Buffalo Casino & Motel General Manager Quintin HT […]
Business
November 2, 2022
CDI Finalizes P2E Acquisition in a $2.75bn Deal
Churchill Downs’ parent company, Churchill Downs Incorporated (CDI), announced Tuesday the completion of the acquisition of Peninsula Pacific Entertainment (P2E). CDI Acquires Multiple P2E Land-Based Assets Completing the acquisition of P2E comes after CDI received the necessary approvals from the New York State Gaming Commission, the Virginia Racing Commission and the Iowa Racing and Gaming […]
Legal
November 2, 2022
Casinos Claim Alabama’s E-bingo Ban Is Racially-Motivated
Alabama casinos believe that a recent court ruling against electronic bingo casinos might be racially-unjust. One of the casinos claims that the government is endangering the livelihood of many Blacks in the state. Alabama Cracked Down on Electronic Bingo Casinos The situation stems from the Alabama Supreme Court’s response to two appeals. The court’s decision […]
Casino
November 2, 2022
Lucky Videoslots Customer Wins £1.1M IGT MegaJackpot
Winning any game brings a thrill, but winning a jackpot is something else. This is exactly what one lucky Videoslots player experienced recently. Videoslots Player Wins £1,1M Jackpot The award-winning online casino has announced that one of its players won a staggering £1,140,134.37 ($1,310,920.80) jackpot by playing IGT MegaJackpots. The lucky player will now have […]
