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Business
November 23, 2021
Wynn Resorts Chair Gives Update on Sudden Departure of CEO
Wynn Resorts’ chairman of the board of directors spoke out on Monday about CEO Matt Maddox’s departure from the company and suggested that he might seek a non-gaming role following his departure. Chairman Phil Satre made a Friday statement stating that Maddox chose to leave the casino operator on his own, although the board of […]
Business
November 22, 2021
Two MGM Resorts Casinos in Mississippi Apply for Mobile Wagering Licenses
Two MGM Resorts casinos have expressed interest in on-site mobile betting, as the Mississippi Gaming Commission (MGC) confirms. While speaking to Gambling.com, the MGC executive director, Jay McDaniel, stated that no other casinos have approached him about offering mobile sports betting services on-site. The new sports betting bill could be introduced by the start of […]
Business
November 22, 2021
Codere Shareholders Take Control of the Gaming Company
The April debt-for-equity agreement at Codere that sees the business transfer to Codere New Topco SA has been completed. A holding company in which bondholders hold a 95% share, Codere New Topco SA is now the new owner. Although the previous owners retained a 5% interest, they can receive up to 15% from any potential […]
Casino
November 22, 2021
Questions Remain Over Future of Casino in Slidell, LA
The question of whether St. Tammany Parish residents want to allow a casino in Slidell is one that can only be answered in the voting booth. Now, however, they may not get a chance to speak up. The December 11 vote to determine the casino’s fate may not happen, according to a new court ruling. […]
Casino
November 19, 2021
Puerto Rico: Foxwoods El San Juan Casino Celebrates Soft Launch
Earlier this week, Foxwoods El San Juan Casino celebrated its soft launch. While the venue already accepted its first visitors, a grand opening ceremony is planned for January next year. Foxwoods El San Juan Casino Opens for Visitors Foxwoods El San Juan Casino located at Fairmont El San Juan Hotel in Puerto Rico opened its […]
Casino
November 19, 2021
Minnesota Woman Gambles Embezzled Money, Avoids Prison Sentence
A woman from Minnesota will avoid a prison sentence after agreeing to repay restitution for the $40,000 she reportedly stolen from the Garrison Fire Department Relief Association in the state and used the money to gamble. The woman admitted guilt and has received leniency in the matter. However, her freedom will be contingent on her producing the missing funds, […]
Casino
November 19, 2021
Cambodia’s Police Frees 60 Thai Victims of Casino Human Traffickers
Cambodia is working hard to clean up its reputation for a country where overseas workers become the victims of nefarious parties. With the number of human trafficking going up in the underground online gambling sector and the United States issuing a warning to businesses to think twice before setting up shop in the country, authorities have had […]
Business
November 19, 2021
Blackstone Makes a Second Pass to Purchase Crown Resorts
The Blackstone Group, an American private equity firm, has made a new bid to purchase all shares in Australia’s Crown Resorts. Crown issued a statement early Friday stating that Crown’s latest bid was valued at AU$8.5 billion ($6.2 billion), and Blackstone offered AU$12.50 per share – in cash – in a scheme of arrangement. Blackstone […]
Industry
November 19, 2021
Nevada Considers Remote Registration for Cashless Casino Play
Nevada could soon allow remote registration and ID verification for cashless payment accounts in state casinos. This would help reduce the bottlenecks customers face when trying to sign up in person. Nevada Continues to Go Digital On Thursday, the Nevada Gaming Control Board (NGCB) held an afternoon workshop for 70 minutes to discuss the proposal, […]
Casino
November 18, 2021
IGC Selects CDI’s $240m Terre Haute Casino Resort Bid
The Indiana Gaming Commission (IGC) approved Churchill Downs Incorporated (CDI) to become the operator of the state’s 13th casino slated to appear in the city of Terre Haute in Vigo County. Winner of the Competitive Bid Process CDI’s wholly-owned subsidiary CDITH submitted its application to develop what it named the Queen of Terre Haute Casino […]