Casino
March 30, 2022
Light & Wonder Confirms More EGM Products for Asia
Light & Wonder plans to continue spearheading its product development and pivot towards Asia. To this end, the company formerly known as Scientific Games and one of the biggest suppliers and developers of iGaming and lottery software is planning to bring its Duo Fu Duo Cai and Jin Ji Bao Xi game series in Asia […]
Casino
March 30, 2022
Star Faces Another Class-Action Suit from ‘Misled’ Investors
Amid an ongoing probe into Star Entertainment’s suitability to hold a license, the company is now facing another issue – a class-action lawsuit filed on behalf of investors who feel they have been misled by the company. Star Investors Take the Fight to the Giant The public hearings into Star Entertainment revealed a number of […]
Industry
March 29, 2022
Culinary Union to File Mass Action Lawsuit against Station Casinos
The Culinary Union is alleging Stations Casino in violations of the Nevada Hospitality and Travel Workers Right to Return Act and is filing a mass action lawsuit to protect the interest of its members. Violations of the ‘Right to Return’ Act Passed in May 2021, SB386, the Nevada Hospitality and Travel Workers Right to Return […]
Business
March 29, 2022
Boyd Gaming to Acquire Pala Interactive for $170m and Enter Ontario
Nevada-based casino operator Boyd Gaming Corporation entered into a definitive agreement to purchase an iGaming software and services supplier owned and operated by the Pala Band of Mission Indians. ‘At the Forefront in Creating Online Gaming Platform’ Pala Interactive, a North American supplier of software and services, founded by the Pala Band in 2013 and […]
Industry
March 29, 2022
China Busts $1.6B Illegal Gambling Wring, Arrests 14 People
China has a monopoly on gambling in the sense there is no gambling allowed in bar lotteries and the occasional trip across the border with Macau. However, China’s lack of established gambling laws doesn’t mean that there is a lack of control, and even if some organizations manage to stay under the radar for a […]
Blockchain
March 29, 2022
Crypto Casino FoggyStar Raised $5M New Investment
A new crypto casino project received substantial financial support from Canadian and Japanese investors to further its brand development and fund the design of its own token aimed to facilitate the creation of innovative iGaming products. Crypto Casino Is the Future of iGaming FoggyStar, a crypto casino project operating out of Cyprus which launched at […]
Casino
March 29, 2022
Macau Casino Concessionaires Pay $5.83M to Extend Licenses
Macau is agog as the special administrative region is working hard to re-regulate its gambling industry and create new mint conditions for concessionaires to operate in. This begins with the extension of existing licenses, set to expire on June 26, through the end of the year. However, Macau is offering each concessionaire the opportunity to […]
Casino
March 29, 2022
Blackstone’s Acquisition of Crown Resorts Now Closer to Realization
The Foreign Investment Review Board has given the green light on Blackstone Group’s proposed acquisition of Crown Resorts and in doing so, the first hurdle has been passed as the Australian government has no objection to the purchase. Blackstone Offered $6.5 Billion All-Cash to Buy Crown Blackstone’s offer of AU$8.9 billion ($6.5 billion) was met […]
Casino
March 29, 2022
SJM and Melco Resorts to Shut Down Satellite Casinos in Macau
Macau is rapidly changing its gambling laws which means that any remaining concessionaire would have to comply with what is expected to be the biggest overhaul of gambling regulation in the special administrative region. Among those are SJM Holdings and Melco Resorts International which are shutting down several of their satellite casinos in a bid […]
Casino
March 29, 2022
New Jersey Investors Reportedly Interested in Purchasing a Saipan Casino
Two American investors are reportedly interested in operating a Saipan casino as told by the head of the Commonwealth Casino Commission (CCC) of CNMI. The Saipan Tribune reports that Andrew Yeom, the executive director of CCC, has been contacted by two New Jersey investors. Online and Land-Based Operations Are Being Considered The New Jersey investors […]
