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Industry
April 4, 2024
Michigan Authorities Clamp Down on Illegal Gambling Operations
Michigan’s gaming watchdog, the Michigan Gaming Control Board (MGCB), has reaffirmed its commitment to eradicating unregulated casino-style gambling machines from local businesses and dismantling illicit gambling rings. Michigan’s Crackdown on Unlicensed Gambling Protects Consumers Under Michigan law, gambling is strictly regulated and confined to licensed casinos, making any unauthorized gambling activity illegal. The proliferation of […]
Casino
April 4, 2024
Study Reveals Massachusetts Casinos Fail to Fuel Problem Gambling Surge
A recent study conducted by the University of Massachusetts Amherst reveals that the introduction of casinos in Massachusetts has not led to a surge in problem gambling, contrary to some expectations. UMass Research Shows Slight Decrease in Problem Gambling The findings, presented to the Massachusetts Gaming Commission, indicate that despite the proliferation of gambling opportunities, […]
Industry
April 3, 2024
Clark County Reaches Vital Milestone on 1 October Memorial Project
The Clark County Commission has taken a significant step forward in its 1 October Memorial project by designating the non-profit Vegas Strong Fund to oversee fundraising, design, and construction. This decision follows a comprehensive effort by the 1 October Committee, which concluded last summer after gathering extensive input from victims’ families, survivors, and the broader […]
Industry
April 3, 2024
Couple Arrested in Boulder City for Mistreating Dozens of Animals
Boulder City Police Department made a startling discovery on Friday when they pulled over a car with a broken taillight near Nevada Way and Juniper Way. Inside the vehicle, officers found 51 guinea pigs and rabbits, 11 of which were already dead, according to city officials. A subsequent raid on the suspects’ dwelling revealed even […]
Business
April 3, 2024
Bally’s Remains Bullish on Petersburg Casino Despite Credit Rating Setbacks
Bally’s Corporation just suffered another setback as Fitch Ratings, an American credit rating agency, lowered its outlook on the operator. Previously B+, the company’s rating has now been reduced to B because of the casino company’s precarious financial situation. Fitch is not the only big credit rating agency to lower Bally’s either. Previously, Moody’s and […]
Industry
April 3, 2024
Massachusetts’ Lottery and Online Betting Recorded Suboptimal Revenues in February
Massachusetts’ State Lottery has suggested that the online sports betting sector is hurting its revenue but the latter vertical’s figures show that this might not be the full picture. The Lottery Seeks to Go Online The Massachusetts State Lottery is seeking to launch online lottery options in order to remain competitive amid the growing popularity […]
Business
April 3, 2024
Silver Lake to Acquire Endeavor Group Holdings
The global sports and entertainment company, Endeavor Group Holdings, announced it has agreed to be acquired by the leading technology investor, Silver Lake. Announced Tuesday, the new acquisition will see Silver Lake pay $27.50 per share in cash for Endeavor. This price represents a 55% premium of the company’s unaffected share price as well as […]
Sports
April 3, 2024
Los Angeles FC vs. Los Angeles Galaxy 2024 MLS Odds, Time, and Prediction
LAFC vs. Galaxy a.k.a. the Los Angeles Derby or El Trafico is arguably the biggest rivalry in the MLS. The two have met 21 times so far, with LA Galaxy leading the series 9-5-7. What’s interesting is that LAFC won four of the last five MLS duels with Galaxy. And bookies think they’re going to […]
Casino
April 3, 2024
Huge Jackpots Await Players at Empire City Casino
MGM Resorts’ Empire City Casino is offering its players the chance to win some life-changing prizes. The property is currently offering the second-highest jackpot in its history, providing guests with a shot at a seven-figure sum. The IGT Wheel of Fortune Triple Stars jackpot, according to the announcement, is currently standing at $1.6 million. While […]
Business
April 3, 2024
K&F Growth Capital Shares Concerns, Sends Letter to Bally’s
Back in March, Standard General, a company that currently holds a significant 23% stake in Bally’s Corporation, the leading gaming and entertainment company, disclosed its intentions to acquire all outstanding shares in Bally’s. This became clear from a filing with the US Securities and Exchange Commission (SEC). This non-binding letter proposed a price of $15 […]
