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Industry
October 1, 2024
Two Concealed Devices Result in Evacuations at Seminole Hard Rock Tampa
The Seminole Police Department in collaboration with the FBI is investigating two incidents at Seminole Hard Rock Tampa in Florida. Crude Device Prompts Evacuation The first incident dated to late last week, when law enforcement was contacted after a suspicious device was seen in one of the men’s restrooms next to the casino floor. The […]
Legal
September 30, 2024
Plaintiffs Seek to Resurrect Las Vegas Antitrust Lawsuit
A group of former hotel guests have filed a brief with the US Court of Appeals for the Ninth Circuit, arguing that many Las Vegas casino hotels are engaging in price-fixing, violating local antitrust laws. This complaint follows an earlier dismissal of a Las Vegas hotel price-fixing lawsuit. The earlier lawsuit claimed that major operators […]
Business
September 30, 2024
Star Completes Treasury Brisbane Casino Sale, Shares Rise 18%
At the end of last week, we reported that Star Entertainment was forced to return to the negotiation table alongside creditors to deal with its reported AU$1.69 billion ($1.08 billion) annual loss and the overall shaky ground projected for the new financial year. Now, the group that recently sold its leasehold interest in the historic […]
Industry
September 30, 2024
Morgan Stanley: UAE Casinos Could Rival Singapore
Finance experts are optimistic about the future of casino gaming in the United Arab Emirates, believing the local industry could challenge long-established gambling hubs such as Singapore. Morgan Stanley Analysts Are Optimistic According to Morgan Stanley, an American multinational investment bank and financial services company, casino resorts in the UAE could potentially generate gross gaming […]
Industry
September 30, 2024
Former Regulator Exec Advocates for Stronger Gambling Framework
There are different regulations when it comes to gambling in states across the US. While some states permit casino and sports betting, others prohibit such forms of gambling. Just like the regulation can vary from one state to the other, so can the legal gambling age. In some US states, the minimum age required for […]
Industry
September 30, 2024
Woman Shot Near Ameristar Casino Garage, in Critical Condition
A 27-year-old woman is fighting for her life after she was shot in the neck at a parking garage near Ameristar Casino in St. Charles on Saturday at approximately 2:30 a.m., as per St. Louis, Mo. TV station KTVI. The unnamed victim was rushed to a local hospital with life-threatening injuries that required emergency surgery, […]
Poker
September 30, 2024
California Governor Signs Bill Letting Tribes Challenge Private Card Rooms
California’s Governor Gavin Newsom has put his signature on Senate Bill 549 making it law. This new legislation gives Native American tribes the right to take legal action against private card rooms. Political Clash Erupts Over Tribes’ Rights to Challenge California Card Rooms The tribes claim that card rooms are breaking the law by running […]
Casino
September 27, 2024
Star Entertainment Navigates Choppy Financial Seas with Creditors
As losses loom and the company steps into the new financial year on shaky ground, Star Entertainment has been able to negotiate an AU$200 million (138.9 million) credit that will be drawn in October and December, in separate tranches. Star Is Walking a Thin Financial Rope and Aid Is Direly Needed Creditors have shown a […]
Casino
September 27, 2024
Ireland’s Gambling Regulation Bill Sparks Heated Debate Among Senators
Ireland’s Gambling Regulation Bill 2022 set off a hot debate among senators in the Oireachtas, with senators voicing both support and concern over the proposed legislation, which aims to modernize and regulate the fast-evolving gambling industry. The bill has sparked discussions on a broad range of issues, from gambling advertisements to protecting vulnerable groups like […]
Industry
September 27, 2024
New AGA Research Highlights Surge in Responsible Gaming Investments
Recent research from the American Gaming Association (AGA) has found that the gaming industry is investing significantly more in responsible gaming than ever, reaching $471.8 million spent annually, a 72% increase from approximately $275 million in 2017. This new data, compiled by a leading international accounting firm, underlines the growing financial commitment of the industry […]
