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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 […]
Industry
September 13, 2024
Alabama: Bill Seeks to Increase Penalties for Illegal Gambling
Illegal gambling remains an issue in many states across the US, despite the efforts of lawmakers and law enforcement. While the expansion of betting brought the industry into the light and undoubtedly reduced the share of the black market and offshore bookmakers, this is not the case for other gambling activities. Alabama is one state […]
Industry
September 13, 2024
AGA Reveals Milestone Problem Gambling Prevention Tool
The American Gaming Association (AGA) has introduced the Responsible Gaming Intervention Effectiveness Scale (RG-IES), a new tool designed to help measure the effectiveness of responsible gambling messaging. The scale was developed in collaboration with Bally’s, BetMGM, FanDuel, and academic researchers Drs. Jonathan Ross Gilbert and Marla Stafford. It will help determine the effectiveness of responsible […]
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 […]
Legal
September 13, 2024
Ohio Man Sentenced to Prison for Illegal Gambling, Tax Evasion
A man who pleaded guilty to tax evasion, money laundering and operating illegal gambling businesses earlier this year was recently sentenced to seven years in prison. The Prison Sentence Was Accompanied by Supervised Release and Restitution The US Department of Justice (DOJ) Office of Public Affairs confirmed Thursday that the case in question involved Steven […]
Sports
September 13, 2024
Nevada Gambler Loses Bet Despite Bengals’ Winning Record Due to Canceled Game
A sports gambler in Nevada lost a dispute even though he made a winning bet on the NFL. Chad Manis, who lives in Las Vegas, wagered $3,000 that the Cincinnati Bengals would win more than 9.5 games in the 2022 season. The Bengals ended the season with a 12-4 record so Chad thought he had […]
Business
September 13, 2024
Interactive Brokers Prepares to Launch Election Markets
Interactive Brokers, a popular trading platform, announced that it will be launching wagering on the outcome of the US election. Set to take place in November, the election is highly anticipated by US citizens and bettors alike. Interactive Brokers Plans to Offer Exciting Markets Speaking to the Wall Street Journal, Interactive Brokers said that it […]
Business
September 13, 2024
Wynn Stock Deserves More Credit for UAE and Macau, Suggests Analyst
Amid fears about China’s weak economic outlook, some investors were quick to dismiss Macau and Chinese stocks such as Wynn Macau. The stocks of the company’s parent, Wynn Resorts, have also seen a decrease on a year-to-date basis. Stifel Analyst, Optimistic About Wynn Resorts’ Stocks Still, an expert analyst remained optimistic about Wynn Resorts, especially […]
Legal
September 13, 2024
SAFE Bet Act Calls for Federal Rules on US Sports Betting
Earlier this year, US Rep. Paul Tonko confirmed his intention to introduce the Supporting Affordability and Fairness with Every Bet Act (SAFE Bet Act), an initiative that proposes federal regulations on sports betting as a way to protect consumers from excessive gambling and harm. On Thursday, Tonko, accompanied by Sen. Richard Blumenthal, among other supporters, […]
Casino
September 13, 2024
Atlantic City Workers Seek Supreme Court Intervention on Casino Smoking Rule
Casino workers in Atlantic City keep fighting to get rid of a rule that lets people smoke inside casinos. They have asked the New Jersey Supreme Court to look at their case. UAW and CEASE Challenge Judge’s Ruling on Casino Smoking Exemption United Automobile Workers (UAW) Region 9 and Casino Employees Against Smoking Effects (CEASE), […]
