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Industry
January 17, 2022
Macau Clarifies More of What’s In Store for Casino Operators
Macau continues to clear the air on what’s in store for casino operators over the next several months. Officials have released more details about what is likely in store with the city’s updated gambling laws, and the details have operators and analysts a little less tense over the future. Macau Concessions to Remain at Six […]
Business
January 17, 2022
Mississippi Casino Workers Accused of COVID-19 Fraud, Must Return Benefits
Some South Mississippi casino workers recently received a letter from the Mississippi Department of Employment Security (MDES) they weren’t expecting. It told them that they have to repay certain state unemployment benefits received during the COVID-19 pandemic. At the same time, the MDES accused them of fraud. Mississippi Goes After Casino Workers All 12 Coast […]
Industry
January 14, 2022
Nevada Abstract Showed the Magnitude of Restrictions Impact
Nevada Gaming Abstract – 2021, a combined financial information report released by the Nevada Gaming Control Board (NGCB), revealed how thin the margins within the casino industry are. What a Difference a Year Can Make The report covering the financial results across all casino licensees in Nevada which reach or exceed $1 million in gross […]
Casino
January 14, 2022
Century Casinos Sells Calgary, Canada Property for $6.5 Million
Casino entertainment company Century Casinos announced that its subsidiary Century Resorts Alberta (CRA) entered into a definitive agreement to sell its Calgary property in a deal for some $6.5 million. Century Casinos Agrees to Sell Calgary Property Announced on Thursday this week, Century Casinos said that its subsidiary entered into a definitive agreement on January […]
Industry
January 14, 2022
AUSTRAC Expands Star Sydney Probe to Gold Coast and Brisbane Casinos
Investigation into Star Entertainment is widening after the Australian Securities Exchange (ASX)– listed company revealed the Australian Transaction Report and Analysis Centre (AUSTRAC) informed the company not only Star Syndey is under scrutiny. Widening the Scope of Investigation The probe launched by AUSTRAC into Star Sydney dealings in June last year is looking for any […]
Casino
January 14, 2022
Soft2Bet Receives a Supplier’s License by the Danish Regulator
The casino and sportsbook B2B platform supplier Soft2Bet has been approved by the Danish gambling regulator and will receive a license, enabling it to supply operators in the local market. Soft2Bet Is Approved for Demark Launch The supplier license will permit Soft2Bet to power betting companies in Denmark with its rich suite of various slots […]
Casino
January 14, 2022
Michigan Regulators Want to Pull the Plug on Illegal Gaming Machines
The Michigan Gaming Control Board (MGCB) together with the Michigan Liquor Control Commission (MLCC) and the Michigan Department of Attorney General have started a crusade against illegal gambling in the state. In an attempt to eradicate unregulated gaming machines and stop illegal wagering activities outside licensed casinos, the regulators have developed a strategy aimed at […]
Casino
January 14, 2022
Evolution Delivers Live Lightning Roulette to New Jersey
Evolution continues to build upon its offer across the United States with the latest release targeting New Jersey. The live dealer game supplier has debuted its dedicated Lightning Roulette game in New Jersey, bringing its flagship product to one of the biggest markets in the US. Lightning Roulette Is All Systems Go in New Jersey […]
Casino
January 14, 2022
Goldman Sachs Eyes LVS Stock as Good Investment in 2022
Casino stocks have been see-sawing for much of 2021, although the consensus is that most gambling and hospitality companies ended up in the doldrums so far as their stock price goes. However, just because they crashed doesn’t mean cheap stocks should be avoided. There are some reasons to be out there looking to buy into […]
Industry
January 14, 2022
Macau Recovery Slows as New COVID-19 Restriction Emerges
Macau felt that the worst was behind it when it seemed COVID-19 was no longer going to threaten the city. It began easing travel restrictions between the casino city and mainland China, hoping to see an influx of visitors. The numbers haven’t been where the city expected and might not be for some time to […]