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Industry
October 18, 2024
Pro Poker Player Awaits Sentencing in Vegas Bookmaking Scheme
At the end of August, we reported on the case of a professional poker player from Long Beach, California who admitted to money laundering and running an illegal bookmaking business. At the time, Damien LeForbes filed an agreement to plead guilty to the federal charges in Las Vegas and California after previously signing a plea […]
Business
October 18, 2024
NJ’s Gambling Sector Records September Surge from iGaming, Betting
September marked a strong month for licensed gambling operators in New Jersey. Gaming Revenue Increases in September On Thursday, the state’s gambling regulator, the Division of Gaming Enforcement (DGE), released its latest report, pointing to a strong growth in revenue in September. In total, casinos, racetracks and their partners reported revenue of $558.3 million last […]
Casino
October 18, 2024
Aristocrat Secures DirectBe Partnership to Launch Playwins and Betfusion
Aristocrat Leisure will soon see the launch of two seminal brands in the UK market, with Playwins and Betfusion set to make an appearance under Aristocrat Interactive’s white-label solution. In fact, Betfusion has already launched, with Playwins to follow later in November. Aristocrat to Boost Launch of New iGaming Brands in the UK Aristocrat is […]
Casino
October 18, 2024
Star Entertainment Keeps Sydney Casino Open Amid Regulatory Challenges
Star Entertainment, Australia’s second-biggest casino operator, can keep its Sydney casino running even though it still faces regulatory problems. Star Casino’s Regulatory Oversight Extended Until 2025 Amid Ongoing Compliance Issues The New South Wales Independent Casino Commission (NICC) slapped the company with a big fine of AUD15 million ($10 million) because it kept failing to […]
Legal
October 17, 2024
Andy Sanborn Arrested Over Fraud Allegations, Complicating Concord Casino Sale
Former New Hampshire state senator and Concord Casino owner Andy Sanborn has been arrested for alleged fraud and misappropriation of pandemic relief funds. He reportedly manipulated the casino’s revenue figures to obtain an extra $188,474.33 from the state’s Main Street Relief Fund program to support small businesses during the COVID-19 pandemic. Both Sides Levy Significant […]
Business
October 17, 2024
J.P. Morgan Analyst Lowers MGM Resorts Projections for 2025
J.P. Morgan, an American multinational finance company, has lowered its projections for MGM Resorts International. In an investor note published on October 15, analyst Joseph Greff attributed the trimmed cash-flow projections to a variety of setbacks. The Analyst Expects the Company to Lose Market Share in Macau Greff cited uneven performance for MGM Resorts, sharing […]
Casino
October 17, 2024
Openbox Secures Boldplay’s Full Creative Content
Openbox Holdings, the company behind OpenBox Gaming, has announced that it has acquired Boldplay, a prominent online casino studio. The studio has developed a number of excellent games, including Splatzz, Mummified Mysteries, Arriba, Swan House, and more. Openbox Taps Boldplay to Strengthen Content Momentum As a result, OpenBox Gaming will now leverage Boldplay’s content in […]
Industry
October 17, 2024
Bovada’s US Exit Likely Hits iGaming Revenue the Hardest
Bovada, one of the best-known iGaming and sports betting brands in the United States, and beyond, has faced a slew of challenges in the US market where local regulators have served the company with cease-and-desist letters, which have forced the operator to wind down activities in affected states. Bovada’s Biggest Loss Is from Online Casino […]
Casino
October 17, 2024
AI-Powered Gun Detection System Snubbed at Nevada’s Casinos
As Nevada has experienced several high-profile security incidents across its casinos, including a stabbing earlier this year at the Red Rock Casino, which injured two employees and led to the death of the perpetrator, the need for better security has been articulated by operators, lawmakers, and the general public. Earlier this week, a private company […]
Business
October 17, 2024
Las Vegas Sands Owner Miriam Adelson Donates $95M to Pro-Trump PAC
Dr. Miriam Adelson, billionaire and owner of the Las Vegas Sands, has contributed $95 million to the pro-Trump Preserve America PAC during the third quarter of 2024, a substantial boost to the former president’s re-election campaign. Adelson’s Support Key as Trump Campaign Lags Behind Harris in Fundraising The donations, made between July and September, bring her […]
