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Business
September 17, 2024
Bally’s Acquisition Steams Ahead, Avoiding FTC Scrutiny
Bally’s Corporation, a leading player in US gaming and entertainment, recently announced it has signed a definitive merger agreement with its largest shareholder, Standard General L.P. The deal, valued at $18.25 per share, appears poised to move forward without facing federal antitrust scrutiny, as the regulatory waiting period has expired without objections from the Federal […]
Business
September 17, 2024
Interblock Boosts Business with Majority Stake in Zuum
Interblock, a worldwide leading developer and supplier of Luxury Electronic Table Gaming (ETG) products, has acquired a majority stake in Zuum, a competitor company. This agreement was celebrated as a move that would enhance the former company’s portfolio significantly, allowing it to power its clients with many new solutions. The Two Businesses Complement Each Other […]
Industry
September 17, 2024
Weak Sports Betting Offsets New Jersey’s Strong Casino & iGaming Results in August
The New Jersey Division of Gaming Enforcement published its latest gaming revenue report, outlining the performance of the state’s gambling industry in August. The New Jersey industry’s metrics continued to grow as most verticals posted strong results. Sports betting, on the contrary, experienced a sharp decline. The Overall Revenue Increased Slightly The local casinos, racetracks […]
Casino
September 17, 2024
Dana White Admits to Winning $26M-$27M at Caesars Palace
Dana White, the Ultimate Fighting Championship’s (UFC) CEO, spoke about the risks associated with gambling, winning big and his experience in one of the most recognizable casino resorts in Las Vegas. The exec recently participated in an episode of the Full Send Podcast, telling interesting stories about his high-stakes bets at Caesars Palace on the […]
Industry
September 16, 2024
Woman Arrested in Alleged $200K Theft from Drugged LV Hotel Guests
When a Las Vegas Metropolitan Police Department (LVMPD) officer pulled over 31-year-old Cassandra Tovar on September 6, he originally thought he would be issuing a verbal warning or a ticket and fine for the crime of driving a car with a missing license plate. However, he quickly discovered Tovar also seemed to be intoxicated. The […]
Industry
September 16, 2024
Cambodia Union Leader Out of Prison, Will Continue Strike Against Casino
The leader of a workers’ union in Cambodia that played a key role in the longest strike in the country was recently released after serving her two-year prison sentence. The case involves Chhim Sithar, the president of the Labor Right Supports Union of Khmer Employees of NagaWorld (LRSU), who was sentenced to two years in […]
Industry
September 16, 2024
Malaysian Islamist Political Party Plans to Close the Country’s Sole Casino
Similar to other countries across Asia, Malaysia has strict rules when it comes to gambling activities. There is a single casino in the country that allows visitors aged 21 or older to participate in Las Vegas-style casino gambling. However, the growing presence of one Islamic party seeks to effectively shut down the sole casino, citing […]
Business
September 13, 2024
MGM Resorts Expands Environmental Commitments via Renewable Energy Deal
MGM Resorts International is doubling down on sustainability via a new agreement with Escape Solar LLC. According to the announcement, the deal will double the casino and hospitality giant’s access to clean solar electricity. MGM Pens a New Sustainable Energy Deal The agreement is in line with MGM’s ongoing sustainability efforts and was described as […]
Casino
September 13, 2024
Activists Accuse Nassau Casino Project of “Environmental Racism”
Las Vegas Sands’ plans for a downstate New York casino resort continue to attract animosity from locals amid a variety of concerns. Some have gone as far as accusing the casino and hospitality company of what they called “environmental racism.” LVS Wants to Develop the Nassau Coliseum Site LVS, for context, plans to develop the […]
Casino
September 13, 2024
Star Entertainment Faces Pressure to Address Major Compliance Failures
Star Entertainment Group is under heavy pressure from regulators about its main Sydney casino. The New South Wales Independent Casino Commission (NICC) has given the company 14 days to come up with a plan, reported Bloomberg. This plan needs to show how Star will fix its money and operational problems. This comes after a harsh […]
