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Gambling News - 'Casino'
                          Business
                        November 24, 2021
          
          
            FansUnite Spearheads Into the US Market With American Affiliate Acquisition
            
              Canadian betting-oriented sports and entertainment company FansUnite will spearhead into the US market through the strategic acquisition deal of the sports betting tech provider American Affiliate. The deal will see FansUnite pay American Affiliate about $58.2 million. Out of that total sum, $13.5 million will be paid in cash, $41.7 million in FansUnite shares and […]            
          
         
                  
      
                          Industry
                        November 24, 2021
          
          
            Deutsche Bank Predicts Casino Sustainability as Pent-up Demand Dries Up
            
              The Deutsche Bank Gaming, Lodging, Leisure & Restaurant Conference in Miami has attracted a healthy bit of interest, CDC Gaming Reports wrote in a recent article noting down the highlights of the event. The publication estimates that the numbers of attendees were up 60% compared to 60%, making it one of the most significant expos […]            
          
         
                  
      
                          Casino
                        November 24, 2021
          
          
            Human Trafficking Gang Used Funds to Gamble and Invest in Real Estate
            
              A criminal group have used casinos to launder millions of ill-gotten funds obtained through the exploitation of Central American laborers who were forced to work in inhumane conditions across farms in Florida, Georgia, and Texas, and elsewhere court documents have revealed. According to the documents, the gang was a “modern-day slavery” operation which used the […]            
          
         
                  
      
                          Casino
                        November 24, 2021
          
          
            CDI Offloads Two-Thirds of Florida Property to Blackstone-Owned Company
            
              Churchill Downs Incorporated (CDI) is selling a large piece of its footprint in Florida. The company behind casinos, horserace tracks, and more announced Monday that it reached an agreement with Calder Casino in Miami Gardens, FL, to sell more than 115 acres it holds for $291 million. That’s about two-thirds of the property, and CDI […]            
          
         
                  
      
                          Casino
                        November 24, 2021
          
          
            Kids House of Seminole Accountant Allegedly Gambled with Stolen Charity Money
            
              61-year-old Carrie Wagner is an ex-Kids House of Seminole accountant who was arrested after turning herself in for charges of embezzlement last Thursday. The Summa Cum Laude university graduate was taken into the custody of the Seminole County Jail for having plundered the Children’s Advocacy Center’s accounts.  A Contrite Accountant Faces 58 Charges Wagner is accused of […]            
          
         
                  
      
                          Legal
                        November 24, 2021
          
          
            Slidell Casino Dispute Lands in Court, but No Resolution Yet
            
              Slidell residents concerned by the Camilia Bay Casino in their community and their attorneys appeared in court Tuesday to hear updates on whether or not they would vote for the casino on December ballots. Although time is running out for a decision to be made, the judge set up two additional court dates. These have […]            
          
         
                  
      
                          Casino
                        November 23, 2021
          
          
            Georgia Turns on Gambling as PM Envisions Banning Online Casinos
            
              Georgia, a once pro-gambling nation, is now making a 180-degree turn as the government considers cracking down on online casinos amid fears of money flowing out of the country. Georgia’s Prime Minister, Irakli Gharibashvili, explained that the government’s ambitions are to enforce the strongest online casino rules among all countries in the region. Georgia’s Two-Phase […]            
          
         
                  
      
                          Business
                        November 23, 2021
          
          
            Atlantic City Casinos Post Gross Profit of $310 Million in Q3
            
              The third quarter for the nine casinos in Atlantic City was nothing short of amazing, as the state figures, which were released on Monday, showed that their gross operating profit was more than double than the same period in 2020. As the New Jersey Division of Gaming Enforcement posted, the total profit for July, August […]            
          
         
                  
      
                          Casino
                        November 23, 2021
          
          
            Two Detroit Casinos Will Mandate Masks, Regardless of Vaccination Status
            
              MGM Grand and MotorCity Casino in Detroit will mandate masks for all patrons who visit their premises, regardless of whether they are vaccinated or not. This new rule will be in effect today (Tuesday, November 23) at noon. The New Rule Is the Outcome of the Face Mask Advisory Mask requirements at these two casinos […]            
          
         
                  
      
                          Business
                        November 23, 2021
          
          
            Two Gambling Industry Fixtures in Spain Create New Powerhouse
            
              R. Franco and Grupo Orenes have joined forces to transform Spanish gambling. The merger will result in the creation of a single biggest manufacturer and distributor for gambling machines in Spain. The partnership will also see changes to the companies’ online gaming operations.   R. Franco, Grupo Orenes Join Forces Dealmakers said that the merger […]            
          
         
                  
      