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Industry
September 25, 2024
Nevada Plans to Stop Banned Gamblers from Collecting Jackpots
The gambling regulator in Nevada will review a new proposal that seeks to bar banned gamblers from getting paid jackpots at venues across the state. Banned Patrons May Not Collect Jackpots Under the New Policy The issue was brought to the attention of the Nevada Gaming Control Board (NGCB) in light of a growing number […]
Casino
September 25, 2024
Wynn Resorts Prevails in Legal Dispute Over Slot Machine Payouts
Wynn Resorts has won a legal battle against its casino, Encore Boston Harbor, over slot machine payouts. Court Confirms Encore Boston Harbor’s Ticket Redemption Practices Are Lawful The lawsuit, which lasted for several years centered on claims by plaintiff A. Richard Schuster that the casino’s ticket redemption practices broke Massachusetts consumer protection laws. Schuster claimed […]
Casino
September 24, 2024
Ocean Casino Resort Player Hits $1.46M Jackpot in Atlantic City
Every casino guest dreams of winning big. And the lucky few that do so, remember it for a lifetime. This is exactly the case of one Atlantic City casino winner who walked out with more than $1.4 million earlier this month after placing a two-digit bet. Mystery Winner from Morris County Hits a Sweet Jackpot […]
Business
September 24, 2024
LeoVegas Group Opens New In-House Slots Studio
Global iGaming operator and market leader in mobile casino on the European market, LeoVegas Group, has announced the launch of LeoVegas Studios, its brand-new in-house slots development studio. The announcement marks a significant milestone in the company’s expansion plan which includes the creation of games that are exclusive to the group’s brands. Leveraging Player Data […]
Industry
September 24, 2024
Jay-Z Proposes $250M in Grants for Hell’s Kitchen in NY Casino Bid
The famous American rapper and entrepreneur, Jay-Z, reportedly plans to boost his Times Square casino bid by offering $250 million in proposed grants that would benefit Hell’s Kitchen. Jay-Z’s Rock Nation Remains in NY Casino License Race Together with Roc Nation, the famous rapper joined forces with SL Green and Ceasars Entertainment in a bid […]
Casino
September 24, 2024
Judge Extends Deadline for Andy Sanborn’s Concord Casino Sale
A New Hampshire judge has given former state Senator Andy Sanborn more time to sell his Concord Casino throwing him a lifeline as he faces legal troubles and close watch from regulators. Sanborn’s Casino Sale Extension Sparks Debate Over Accountability Judge Gregory Albert decided that letting Sanborn have extra time to finish the sale would […]
Casino
September 24, 2024
Boyd Gaming Acquires Resorts Digital to Capitalize on New Jersey’s Market
Boyd Gaming, a major US hotel and casino operator, has grown its presence in New Jersey‘s profitable online gambling market by buying Resorts Digital, the online branch of Atlantic City’s Resorts Casino. The deal was facilitated by Oakvale Capital, a leading M&A firm in the iGaming sector, that advised Resorts on the sale of the […]
Business
September 23, 2024
B. Riley Lowers Golden Entertainment Expectations, Maintains Buy Rating
B. Riley has lowered its score for Golden Entertainment slightly while still maintaining a “buy” rating. The new outlook led to an immediate slump in the gambling company’s share price. The Operator’s Business Suffered Because of the Hot Summer As mentioned, B. Riley reduced its estimates on the company, lowering CY24E EBITDA by 4% and […]
Casino
September 23, 2024
Millionaire Investor Arrested in Nantucket
Daniel Burrell, a high-profile investor with a history in politics, was arrested on Nantucket Friday morning on a warrant from Las Vegas. Burrell is wanted in multiple states. He allegedly wrote a bad check to a Las Vegas casino for $1.5 million and has been on the run with outstanding warrants in both Colorado and […]
Industry
September 23, 2024
Green Day Slams Las Vegas as the “Worst Shithole in America”
Billie Joe Armstrong, the lead singer of Green Day, just lambasted Las Vegas during a performance in San Francisco. The musician expressed strong discontentment at the relocation of the Oakland A’s and invited fans from the Bay Area to remain united. Green Day Disagrees with the Relocation of the Oakland A’s Armstrong gave his speech […]
