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Julie Moraine
Lead AuthorWith 4 years experience as an analyst, Julie—or ‘Jewels’, as we aptly refer to her in the office—is nothing short of a marvel-worthy in her attention to the forex and cryptocurrency space as she quickly became the first pick to co-pilot education to the masses with Mike.
Casino
August 4, 2020
Michigan Casinos Contribute $6.3B Annually, AGA Reports
$6.3 billion is the estimated annual impact from casinos in Michigan, a research by the American Gaming Association (AGA) shows. The state’s 24 tribal and 3 commercial casinos generate to the extent of $1.3 billion per year in taxes and tribal revenue sharing, supporting 37,911 jobs and $2.1 billion annually in wages. Casinos Spurred Economic […]
Business
August 4, 2020
Slot Bars in Four Nevada Counties to Remain Closed
Bars and pubs with gaming machines remain closed in four Nevada counties. Governor Steve Sisolak said that the state is taking a more strategic and aggressive approach aiming at reducing the COVID-19 spread. Clark, Washoe, Elko and Nye County Slot Bars Remain Closed Bars in four Nevada counties remain closed while the state officials try […]
Legal
August 3, 2020
Wirecard Processed Payments for Mafia-controlled Online Casino
Wirecard has facilitated payments for CenturionBet, an online gaming brand originally licensed in Malta and controlled through a proxy by the powerful Italian Mafiosi organization, the ’Ndrangheta, an investigation by the Financial Times has revealed. CenturionBet Laundered Millions Worth of Euro for the Mafia Wirecard processed payments that have in all likelihood been used to […]
Casino
August 2, 2020
Macau Gambling Industry Freefall Continues, July Revenues Sink
Casinos in Macau continue to suffer, a report of the Gaming Inspection and Coordination outlined. Gambling revenue in the Special Administrative Region (SAR) dropped again in July, 3.5% year-on-year, due to a slowdown in the Chinese economy, travel and visa restrictions, and tempered demand for gambling from high-rollers, as well as the trade war between […]
Casino
August 2, 2020
New Jersey’s Casinos Recovery Depend on Visits and Foot Traffic
The casino recovery in Atlantic City will depend on increase in visitations to the state and better foot traffic, researchers say. Mobile Data Reveals Drop in Foot Traffic in NJ Casinos Atlantic City casinos may have been focusing on the wrong thing about their recovery, Professor Bruce Mizrach of Rutgers University in new Jersey says. […]
Industry
July 31, 2020
Cold Shower for UK Casinos, Re-Opening Delayed by 2 Weeks
Casino operators in the UK received another blow Friday, when Prime Minister Boris Johnson announced a delay to the further easing of virus restrictions in the country for at least two more weeks, putting the re-opening of casinos, ice rinks, and bowling halls on hold. The announcement that the scheduled August 1 re-opening of casinos […]
Business
July 31, 2020
Las Vegas Sands President Outlines Strategy for Recovery
Robert Goldstein, president at Las Vegas Sands, has confirmed that Las Vegas and Nevada face hard times ahead, but recovery is possible and LVS has already set a plan in motion. Las Vegas Needs to Adapt to New Realities Speaking to CNBC on Thursday, Las Vegas Sands president Robert Goldstein confirmed that Las Vegas will […]
Legal
July 29, 2020
NY Lawmakers Divided on the Subject of Mobile Betting
New York lawmakers are again considering the legalization of mobile sports betting in the state, a report in a local online media suggests. As income tax revenues in the states have collapsed, much like sales tax receipts, gas and hotel taxes and almost every other source of funding for the state to help balance the […]
Legal
July 29, 2020
Major Football Stars File a Lawsuit over Use of Their Personal Data
Global Sports Data and Technology Group along with 400 professional football players has filed a lawsuit over personal data usage. The lawsuit will be seeking compensation for lost dividends for players in the last six years. Lawsuit with More Than 400 Professional Football Players A massive lawsuit is gaining momentum over the use of professional […]
Business
July 28, 2020
DraftKings Becomes the PGA TOUR Official Betting Operator
DraftKings and the PGA TOUR have officially expanded on their multi-year exclusive arrangement, an announcement by the daily fantasy and sports book provider outlined. The content and marketing deal signed in 2019 that made DraftKings the first Official Daily Fantasy Game of the PGA TOUR now expands into the sports betting sphere by designating the […]