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Casino
April 29, 2022
Junkets Debacle Pose no Threat to Sands China
The fall-from-grace by Macau junket operators has exposed certain operators to subsequent risks of being caught in the cross-fire between wronged VIP players and junkets that have disappeared from the market, unable to repay customers. This has posed a serious threat to the order of things in Macau with concessionaires fearing retribution. Some, such as […]
Casino
April 29, 2022
Chinese Casino Developer Slapped with $650K Penalty over Environmental Damages
A Chinese casino developer will have to pay a dear fine of $650,000 after it was found guilty of damaging swathes of mangroves and a coral reef during the construction of a project on Malolo, Fiji. Freesoul Real Estate Development was found guilty earlier this month and will have to pay the damages. The area […]
Casino
April 29, 2022
NSW Star Group CEO Grilled During State Inquiry
The Star Entertainment Group is facing even more serious regulatory challenges as the New South Wales inquiry continues to delve into its questionable practices and has discovered fresh evidence that the Group has overlooked an important part of its duties. According to the Australian Financial Review, The Star Entertainment Group helped high roller cash out […]
Casino
April 29, 2022
Nevada Comes Close to Beating Casino Record with $1.355B in March
More good news is coming from Nevada as the Silver State has managed to total an impressive $1.355 billion in total casino revenue in March. The Nevada Gaming Control Board revealed the numbers indicative of another 27% year-over-year growth for the company. In fact, casinos have obliterated pre-pandemic results by another 38% as the casino […]
Industry
April 29, 2022
TransUnion Alerts about a 50% Increase in the Gambling Fraud
TransUnion, a US-based consumer credit reporting agency, published a fraud analysis report, according to which the global digital fraud rate dropped by 22.6% in the first quarter of 2022 in comparison to the prior-year quarter. However, despite the fact that fraud decreased in most sectors, the gambling industry registered a 50.1% growth in fraud rate […]
Casino
April 29, 2022
Las Vegas Sands Corp Reports $478 Million Loss for the First Quarter of 2022
The US-based casino resort operator Las Vegas Sands Corp posted net revenue of $943 million for the first quarter of 2022, compared to $1.2 billion in the prior-year quarter. The revenue of the casino division was $627 million of the total revenue, while the accommodation revenue amounted to $95 million. The revenue from food and […]
Casino
April 29, 2022
NetBet France Customers Can Now Charge Their Accounts through Apple Pay
The French branch of the casino and betting company NetBet will now allow bettors to use Apple Pay to play on its platform. NetBet Adds Apple Pay as a Payment Option As the gambling industry grows increasingly aware of the importance of quality-of-life additions, more and more companies realize the benefits of adding more payment […]
Industry
April 28, 2022
Pokies’ Public Impact Revived Green Party’s Phase-Out Plan
A report on the state of gambling in New South Wales (NSW) is bringing back the Green Party’s plan to oust pokies out of pubs and clubs and raising serious concerns about the harm pokies do to the individual, families, communities, and society. Pokies Reform Long Overdue Arguing that in Australia “slot machines are everywhere” […]
Casino
April 28, 2022
NetGaming’s ICE 2022 Exhibition a Success, New NFT Projects Were Presented
NetGaming has had a fantastic exhibition at ICE London 2022 as the company marked its official entry into the world of non-fungible tokens (NFTs). ICE is the cream of the crop for many B2B specialists as the convention allows companies to present themselves in front of the world and NetGaming invested a lot of effort […]
Casino
April 28, 2022
Light & Wonder Now Features Konami Games on OpenGaming
Light & Wonder, the business name of Scientific Games Corporation, has announced a new partnership with Konami Gaming, Inc. Under the terms of the partnership, Konami will benefit from the former’s dedicated OpenGaming platform through an aggregation tie-up with Konami. US Focus on Konami’s Product Reach Expansion The deal will allow Konami to integrate […]
