Last summer, Asian-facing online gambling operator King Gaming Ltd. obtained planning permission from the Isle of Man government to build a multimillion-dollar HQ on a derelict vacation complex. A computer rendering of King Gaming’s ambitious vision for its HQ on the Isle of Man. It’s unlikely the project will happen following raids that shut down […]
A man is in critical condition in a New Mexico hospital after he was wounded this week during an exchange of gunfire with local police near Sandia Resort & Casino. The Sandia Resort & Casino, pictured above. A man who was driving in the New Mexico casino’s lot was wounded during an exchange of gunfire […]
Sports betting operator BlueBet has been fined AU$50,000 ($32,600) for breaching advertising rules. the company breached the rules on 43 occasions Charges were brought against BlueBet last August after the company breached the rules on 43 occasions. The charges relate to gambling advertising on billboards between August 29, 2022 and September 11, 2022. The VGCCC’s […]
Petersburg Mayor Sam Parham and the City Council are on the defensive after facing a litany of criticism for how they went about choosing The Cordish Companies as their preferred gaming developer. A rendering of The Cordish Companies’ $1.4 billion mixed-use development for Petersburg, Va., includes a Live! Hotel & Casino. Petersburg city officials continue […]
On its first-quarter earnings conference call Wednesday evening, Bally’s (NYSE: BALY) told analysts it’s not rushing the issue of redeveloping the site of the Tropicana Las Vegas, and that it expects its permanent Chicago casino will open in the third quarter of 2026 as planned. The Tropicana Las Vegas. Bally’s said it’s not rushing to […]
MGM Resorts International (NYSE: MGM) delivered record first-quarter results on Wednesday, helped in part by the operator’s Las Vegas Strip casino hotels and a recently launched points partnership with Marriott International (NASDAQ: MAR). The MGM Grand on the Las Vegas Strip. Operator MGM Resorts International reported record first-quarter results on Wednesday. (Image: MGM Resorts) The […]
The fate of the Alabama gaming package compromise agreed to by a special conference committee consisting of three House representatives and three state Senators now rests with the Legislature’s upper chamber. The Alabama Senate on April 30, 2024, considers a gaming package approved by a special conference committee. The Senate was a vote shy of […]
Gaming chief executive officers (CEOs) are mostly constructive on the near-term outlook for the industry while holding more enthusiastic attitudes about long-term trends. People take pictures in front of the “Welcome to Fabulous Las Vegas” sign. Gaming industry CEOs are bullish in their outlooks despite macroeconomic challenges. (Image: Getty) A recent survey by the American […]
Shares of Caesars Entertainment (NASDAQ: CZR) rebound Wednesday from a post-earnings report slide late Tuesday and the gaming company’s reiterated commitment to reducing debt could be one reason behind today’s bounce back by the stock. Caesars CEO Tom Reeg in a 2021 CNBC interview. He said the company is open to parting with “non-core” assets. […]
The Unite Here Local 25 labor union whose members are employed in casinos, hotels, and restaurants in Washington, DC, Maryland, and Virginia is threatening a lawsuit against the Petersburg City Council over how it decided to pick The Cordish Companies for its potential casino development. The Local 25 chapter of Unite Here is threatening to […]
