Casino
March 29, 2022
Blackstone’s Acquisition of Crown Resorts Now Closer to Realization
The Foreign Investment Review Board has given the green light on Blackstone Group’s proposed acquisition of Crown Resorts and in doing so, the first hurdle has been passed as the Australian government has no objection to the purchase. Blackstone Offered $6.5 Billion All-Cash to Buy Crown Blackstone’s offer of AU$8.9 billion ($6.5 billion) was met […]
Casino
March 29, 2022
SJM and Melco Resorts to Shut Down Satellite Casinos in Macau
Macau is rapidly changing its gambling laws which means that any remaining concessionaire would have to comply with what is expected to be the biggest overhaul of gambling regulation in the special administrative region. Among those are SJM Holdings and Melco Resorts International which are shutting down several of their satellite casinos in a bid […]
Casino
March 29, 2022
New Jersey Investors Reportedly Interested in Purchasing a Saipan Casino
Two American investors are reportedly interested in operating a Saipan casino as told by the head of the Commonwealth Casino Commission (CCC) of CNMI. The Saipan Tribune reports that Andrew Yeom, the executive director of CCC, has been contacted by two New Jersey investors. Online and Land-Based Operations Are Being Considered The New Jersey investors […]
Casino
March 29, 2022
Police Find Baby of Filipino Woman Who Pawned It to Cover E-Sabong Debt
E-sabong has caused a lot of commotion in the Philippines. After the activity was licensed and welcomed by the country in 2021, there have been numerous developments ever since that have made authorities and even ordinary folk question the benefits of this gambling vertical. One of the most shocking developments over the past year has […]
Casino
March 28, 2022
German Police Raid Illegal Gambling Venues in a Massive Operation
The German authorities continue their hard work against illegal gambling as the country’s police raided illegal venues. Germany Cracks Down on Illegal Gambling As the German gambling regulator seeks to inhibit gambling-related crime, the police helped by locals continue to raid properties believed to house illegal gambling machines and be places where tax crimes occur. […]
Casino
March 28, 2022
Light & Wonder and Kindred Given the Green Light to Enter Ontario’s Market
The Alcohol and Gaming Commission of Ontario (AGCO) has licensed Kindred Group plc and Light and Wonder ahead of the iGaming market’s launch on April 4. The two will be joining a generous list of other prestigious gaming suppliers and operators with names like Kambi, FansUnite, PintsBet, or LeoVegas. Kindred Reaches New Milestone Malta-registered Kindred […]
Casino
March 28, 2022
Loto Quebec Rolls Out Red Tiger Games, First in Canada
Loto Quebec will be the first provincial lottery in Canada that will add Red Tiger slots and other games to its portfolio as the country’s iGaming, lottery, and betting market all make a shift towards the private market. With this in mind, it’s evident that provincial operators would need to become more competitive and seek […]
Casino
March 28, 2022
The Star Entertainment’s CEO Hands His Resignation, Effective Immediately
Star Entertainment’s trouble does not seem to fade away. Recently after the company was put in the spotlight for AML breaches, the company’s CEO, Matt Bekier, said on Monday that he will be tendering his resignation as he felt obliged to take responsibility for the current discrepancies. Bekier’s Resignation Is Effective Immediately Bekier’s resignation follows […]
Casino
March 28, 2022
The Philippines Suspends Suncity Group License, Offers Recovery Option
The Philippines has faced numerous challenges in regard to its gambling industry of late. The recently-regulated e-sabong vertical has turned out to be permeated by corrupt policemen and officials, leading to a spate of crimes. Yet, the Philippines has been actively trying to do the right thing on all levels of the industry and the […]
Casino
March 28, 2022
NY Casino Pitches Rile Locals Who Oppose Casinos in Their Backyards
The race for a new casino property in New York City is heating up with many properties, companies, and individuals bidding for the rights to open the first casino that will include live gaming. One of those bidders is The Water Club located on 30th Street and the East River in Kips Bay, but the […]