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Filip Mishevski's latest articles
Filip Mishevski
AuthorFilip Mishevski has been covering online gambling and cryptocurrencies for the past few years. He has written countless articles, how-to-guides, insights and news, and is keen on sharing his extensive knowledge in the aforementioned fields. He’s very passionate about soccer and MMA and is interested in how the online gambling industry will shape our future and thus, influence our lives.
Business
October 28, 2021
Hard Rock Plans to Expand and Build 2 Casinos That Will Be 8 Miles Apart
Hard Rock is doubling down on its expansion, as it plans to build a casino either in or in the vicinity of New York, even as it progresses with its plan of building another casino just eight miles away, in New Jersey. Jim Allen, the chairperson of the global entertainment, hospitality and gambling company owned […]
Legal
October 27, 2021
Las Vegas Authorities Arrest 4 Connected to Drug Trafficking
Globally, law enforcement authorities have rounded up 150 potential criminals involved in money laundering and international drug trafficking in an operation dubbed Operation Dark HunTor. Among those, law enforcement in Las Vegas arrested four suspects. Their money-laundering activity and drug ring included operations in several countries, as well as the use of the dark web. […]
Business
October 27, 2021
Gateway Obtains $1.25B Refinancing Plan from Fortress Investment
Gateway Casinos and Entertainment Limited found a solution for its $1.25 billion in corporate debt by completing the process of refinancing. The operator of 23 Canadian casinos received a Senior Secured Term Loan B from Fortress Investment Group, a lead investing organization. The Funds Were Used to Refinance Gateway’s Debt The money that the company […]
Casino
October 26, 2021
Louisiana Gaming Control Board Approves Harrah’s Louisiana Downs Sale
The Louisiana Gaming Control Board (LGCB) has given the green light on the sale of a horse racing track and casino located in the northern part of the state for a price tag of $22 million. Rubico Acquisition Corp. is set to meet with the gaming regulator today and get approval for the purchase of […]
Business
October 26, 2021
DraftKings Decides to Withdraw From the $22 Billion Entain Takeover
DraftKings officially called it quits on the process of acquiring Entain today, after publicly acknowledging its interest in the purchase earlier this year. Officials of the company have stated that after a long analysis and discussion with the board of directors of Entain, a decision not to make an offer was made. The CEO, Co-Founder […]
Industry
October 25, 2021
Ontario Authorities Lift Customer Capacity Restrictions at Niagara Casinos
Last Friday, Doug Ford, the Ontario Premier, announced that the customer capacity limits would be lifted on numerous businesses, casinos included, and the two gambling facilities in Niagara Falls saluted this decision by stating that it is a step “in the right direction.” The president of Niagara Casinos, Richard Taylor, also praised the decision by […]
Industry
October 25, 2021
New York Mobile Sports Betting Operators May Work With a 64% Tax Rate
Mobile sports betting operators’ deadline to amend their proposed tax contribution expires today at 5 PM as told by the New York State Gaming Commission (NYSGC). The Commission also confirmed that a GGR rate of up to 64% could apply to applicants. The Highest Tax Rate Has Been Selected, According to the Commission The NYSGC’s […]
Industry
October 22, 2021
FinCEN Loosens Regulations Concerning Casino ID Verification
The Financial Crimes Enforcement Network (FinCEN) of the US Treasury Department is bringing good news to casino customers as it loosens the regulations concerning ID verification. On Wednesday, FinCEN stated that the use of non-documentary means in order to ID their visitors will be permitted. Before this new regulation, casino staff were required to inspect […]
Industry
October 22, 2021
Cruise Ship Sports Betting Sets Sail With Princess Cruises
Princess Cruises, a division of Carnival Corp., has become the first cruise line to provide its passengers with legal sports betting and travel agents couldn’t be more excited about this latest development. Majestic Princess was the cruise ship that accepted the first bet this week, and all eligible passengers can enjoy the sports betting experience […]
Industry
October 21, 2021
Indiana Experiences a Small Drop in September Casino Revenue
As the Indiana Gaming Commission reports, the total casino revenue of the state for the month of September was slightly above $194.7 million, which is a month-to-month decline, compared to August. The cumulative win of the two racinos and 10 casinos in Indiana was $206.6 million. Compared to August’s $209.3 million, that is a 1.3% […]