Industry
December 2, 2021
Casinos in Macau Continue to See Sporadic Results
Macau casinos won $844 million from gamblers last month. This is a 0.01% increase over November 2020, but an improvement of 55% over October. However, with Suncity Group announcing it’s shutting down operations, the revenue could see another big drop. Macau Casinos Continue Along Uncertain Path The six Macau-licensed commercial casino operators enjoyed their best […]
Industry
December 1, 2021
Fraud.com Set to Combat the Rising Gambling Fraud Issue
According to a CNBC article in August, there has been a considerable jump in online fraud attempts in 2021 compared to previous years. According to cited data from a TransUnion report, the number of cybercriminals targeting the gaming sector soared to 393% worldwide. In the US, the gambling fraud rate reached close to 262%. Suspected […]
Casino
December 1, 2021
Crown Resorts Appoints Ziggy Switkowski to Mitigate Post-Inquiry Harm
Australian gaming and entertainment company Crown Resorts has announced that Dr Zygmunt Edward “Ziggy” Switkowski, member of the Order of Australia (AO), has been approved by the local gambling regulatory body and will assume the position of the Crown Resorts chairman. Switkowski Approved as Crown Resorts Chairman The new chairman is an experienced and recognized individual who has held […]
Casino
December 1, 2021
Nevada Casinos Reach 8th Consecutive Month with Billion-Dollar House Winnings
In the past eight months, hospitality and tourism in Nevada seem to have returned to normal levels, comparable to those prior to the pandemic. The state that is entirely dependent on revenues from gambling even went on a record streak, reaching its eighth consecutive month with gross revenues going over $1 billion in its casino […]
Casino
December 1, 2021
Scientific Games Boosts Content Momentum with ELK Studios
Scientific Games is boosting its production capacity by adding ELK Studios, which the former has acquired in a new deal. ELK Studios is operating out of Sweden, which gives it strong understanding of popular iGaming markets as the United States seeks to expand beyond interactive wagering. Scientific has been on a roll with a number of high-profile […]
Casino
December 1, 2021
Pariplay Ltd and RSI Continue Partnership in Colombia
Aspire Global-owned Pariplay Ltd, a global aggregator of iGaming products, is building upon its partnership with Rush Street Interactive (RSI), a leading interactive gaming company based in the United States, to help the latter expand its product offering in Colombia. More Gaming Products Coming to RushBet As a result, Pariplay content and products will be made available to […]
Casino
December 1, 2021
Enteractive Charts a Path for iGaming brands in the US
Enteractive is confident in the future of the US iGaming sector as per the words of company chief business officer Andrew Foster, who attended the SBC Summit for North America. Foster commented on the potential for iGaming brands to set up shop up in the US and do so in a cost-efficient manner. Part of this would […]
Business
December 1, 2021
Alvin Chau Relinquishes Control of Suncity from a Macao Jail Cell
Alvin Chau announced that he was stepping down from his role as CEO of Suncity Group Holdings Limited in Macau. The billionaire made his announcement yesterday while sitting in a Macao jail on charges he ran a cross-border illegal gambling ring through his legal operations. Chau Out at Suncity Chau is facing multiple criminal charges […]
Industry
December 1, 2021
Melco Raises Concerns Over Macau’s Future Following Suncity Debacle
Melco Resorts and Entertainment Ltd’s Macau subsidiary stated in its third-quarter report that it could face increased risks from “interpretation and enforce” laws relating to gaming. Melco Resorts Finance Ltd is concerned that changes occurring in Macau’s gaming industry could cause issues for the entire market. Macau Gaming in Flux Melco Resorts Finance Ltd stated […]
Casino
November 30, 2021
Georgia Outlines New Gambling Rules, Blocking Ads and U-25 from Gambling
The government of Georgia has detailed new prohibitions on online gambling along with the suspension of advertisement and a new tax regiment. This comes at the behest of the country’s prime minister, Irakli Gharibashvili, who urged lawmakers to act on gambling last week. Gharibashvili has cited gambling-related harm as the reason why Georgia should seek to impose tighter […]