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Casino
February 7, 2024
Two Arrested for Armed Robbery at Gambling Den in Queens, New York
Two individuals have been apprehended by FBI agents for their alleged involvement in a violent armed robbery at an illicit gambling establishment in Flushing, Queens, last July. The incident, which resulted in one person sustaining gunshot wounds, has led to charges against Jamel Berry from Astoria and Zhong Wang, a Chinese national. Robbery at Flushing […]
Business
February 7, 2024
Gaming and Leisure Properties Expands Portfolio with Tioga Downs Acquisition
Gaming and Leisure Properties, Inc. (GLPI) announced the acquisition of the real estate assets of Tioga Downs Casino Resort in Nichols, New York, from American Racing & Entertainment, LLC, for a sum of $175 million. GLPI Seals Tioga Downs Acquisition with $14.5 Million Annual Rent Agreement The agreement stipulates an initial annual rent of $14.5 […]
Casino
February 6, 2024
Atlantic City Casino Workers Rally for Smoke-Free Environment
Atlantic City, known for its vibrant casinos and bustling nightlife, has long been a hub for those seeking their luck at the card tables or slot machines. However, behind the glitz and glamour lies a persistent issue that has been plaguing the city’s workforce for years: secondhand smoke. Advocates Emphasize Worker Well-being Over Financial Concerns […]
Sports
February 6, 2024
EKG Report Unveils Super Bowl’s Dominance in US Betting, $1.25B Expected
As the Super Bowl frenzy grips the US, all eyes are on the betting arena, with forecasts projecting a staggering $1.25 billion in regulated wagers placed on the game across the nation. EKG Report Highlights Growth of In-Game Wagers Research conducted by Eilers & Krejeck Gaming (EKG) indicates that the Super Bowl reigns as the […]
Sports
February 5, 2024
Ohio Moves to Eliminate Prop Bets on College Sports
In a bid to safeguard collegiate athletes from online harassment and uphold the integrity of college sports, Ohio’s Gov. Mike DeWine, along with NCAA President Charlie Baker, has thrown their support behind a proposed change in the state’s sports betting rules. NCAA Urges Ohio to Ban Player-Specific Bets Amid Rising Social Media Threats The National […]
Casino
February 5, 2024
December Baccarat Surge Spurs Optimism for Upscale Las Vegas Properties
The recent surge in baccarat volume has economists and industry experts buzzing with optimism about the future of high-end properties along the famed Las Vegas Strip. High-Stakes Baccarat Fuels Record Revenue for Las Vegas Strip According to insights provided by Wall Street analyst John DeCree, the Las Vegas Strip witnessed an unprecedented $905 million in […]
Sports
February 2, 2024
GAN Shareholder Up in Arms as Class-Action Lawsuit Filed
Zappia, who is a shareholder, is filing the lawsuit on behalf of multiple other investors, bringing a class-action lawsuit against the company. In his complaint, Zappia speaks about being “misled” by the company, including on specific matters that have established a “conflict of interest” and have been perceived as “material omissions.” Case to Be Viewed […]
Sports
February 2, 2024
Vermont Betting Windfall to Miss the Mark – For the Better
This is not necessarily bad, as Gov. Phil Scott now anticipates seeing much more significant revenue from sports gambling than initially thought. Uptake has been strong in the weeks since January 11, 2024, when the activity got underway with an appetite for placing a wager soaring in The Green Mountain State. Bigger Buck for a […]
Sports
February 2, 2024
Underdog Sports Bucks Trend and Supports GRIT Act
Not everyone has been welcoming of the proposal and the American Gaming Association, a trade group, curtly rebuked the legislation in its current form. A measure such as that would further depress the competitiveness of the regulated gambling market, and give teeth to rogue and black market operators. Not Part of the Pack But this […]
Sports
February 2, 2024
Mississippi Sends Sports Betting Bill for Senate Say-So
Following a vote on the House floor on Thursday, the Mississippi Mobile Sports Wagering Act is a few steps from becoming a reality, bringing The Magnolia State into the fold of jurisdictions in the United States that have legalized or already launched their sports gambling framework. Mississippi’s Sports Gambling Legalization Is Inevitable Before lawmakers can […]
