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Business
August 6, 2021
MGM Resorts to Trim Back Its Corporate Structure, Possibly Explore More Online Ops
For those who missed the memo, the US gambling industry is about to embark on a journey into the unknown. There was a time, in the not-so-distant past, that just the mention of “online gaming” caused land-based casino executives’ hearts to skip a beat. Not anymore, though, and changes are coming. MGM Resorts International isn’t […]
Business
August 5, 2021
Federal Judge Revives Steve Wynn-tied Lawsuit Against Wynn Resorts
A Nevada federal judge revived a securities fraud lawsuit in which executives at Wynn Resorts were well aware of some reports concerning misconduct and sexual harassment against Steve Wynn, the casino operator’s founder and former CEO. According to the allegations, even though the executives knew about these events, they chose to disregard them. Andrew Gordon, […]
Industry
August 5, 2021
Yokohama’s Don to Commit “Seppuku” If IR Comes to the City
Controversy over whether an integrated resort (IR) in Yokohama should be allowed is increasing and one man thinks preventing the project is worth dying over. The fact that he holds substantial influence over the local political scene means that his words carry more weight. However, threatening to commit seppuku if the IR comes to life […]
Casino
August 5, 2021
Bally’s, Ocean Casino Resort Have Big Plans to Boost Atlantic City Tourism
Bally’s Atlantic City (AC) and Ocean Casino Resort view the sandy beaches around their properties as untapped resources. The two casinos have reportedly submitted requests for the redevelopment of beach areas that would ultimately lead to more options for tourists and draw more attention to the properties. Local city representatives are reportedly behind the initiatives, […]
Casino
August 5, 2021
Imperial Pacific Asks for Five More Years to Complete Imperial Palace
The baffling case surrounding Imperial Palace International (IPI) and its escapades in Saipan doesn’t appear to be reaching the final chapter of the story anytime soon. Allegations of fraud, deceit, lack of funds, slave labor, missed construction deadlines and more haven’t been enough to force casino regulators or anyone else to take action. Now, acting […]
Industry
August 4, 2021
COVID-19 Testing in Macau Brings Unexpected Consequences
For more than a year, Macau did not have a single positive COVID-19 case. However, after four people tested positive with the Delta COVID-19 variant this week, the local government initiated mass testing. Reportedly, the testing resulted in a spike of players and employees leaving Macau, as well as a decrease in gaming stocks. Mass […]
Casino
August 4, 2021
MGM Resorts in Search of 3,000 Employees in Vegas
The Silver State is returning to mask-wearing as MGM Resorts forges ahead in the hopes of adding 3,000 people to its workforce. MGM Resorts Looking to Bolster Work Force Las Vegas is under pressure to keep COVID-19 cases under control as the number of infections continues to increase, and Nevada governor Steve Sisolak has already ordered […]
Casino
August 4, 2021
Netmarble Seals SpinX Games Acquisition in $2.19bn Deal
South Korean mobile games publisher Netmarble has acquired social casino developer SpinX Games in a landmark $2.19 billion deal that will allow the company to expand in new verticals. The Hong-Kong based developer has created a number of compelling mobile titles, including Cash Frenzy, Lotsa Slots and Jackpot World, making for some of the highest-grossing social casino games. In a similar vein, SpinX […]
Casino
August 4, 2021
Scientific Games Adds Lightning Box Studio to iGaming Portfolio
Following a decision to refocus entirely on digital and land-based gaming, Scientific Games is now acquiring Lightning Box Studios to continue with its growth strategy in the sector. SG Adds More iGaming Opportunities with Lightning Box Scientific Games Corporation (SG) continues to grow its clout in the iGaming space with the company acquiring Lightning Box, a dedicated […]
Industry
August 4, 2021
AGA Urges Standardized Gambling Disclaimers Nationwide
Conflicting information in gambling ad disclaimers leads to confusion and lower awareness among problem gamblers, argues America’s largest gambling trade body. AGA Seeks to Set Higher Gambling Protection Standards in Advertising The American Gambling Association (AGA) wants regulatory frameworks to do more in addressing the potential harms of gambling and do so by communicating the available help […]