Casino
May 25, 2022
Macau’s Post Golden Week GGR Picks Up Slowly
While there were fears that the impact of a lackluster Golden Week holiday would carry on, Macau has started to see an improvement in gross gambling revenue, which doubled as per the latest results, Bernstein Research reported. In the week leading to May 22, a total of MOP100 million ($12.31 million) was spent on gambling […]
Casino
May 25, 2022
Genting Singapore Eyes Casual Gamblers as Source of Revenue
Genting Singapore is planning to broaden the scope of its operations by partially pulling away from the VIP segment and refocusing a part of its efforts onto the casual player vertical instead. The intention was confirmed by company CEO Tan Hee Teck who spoke to shareholders and outlined some of the future plans for the […]
Business
May 24, 2022
Crown Resorts’ $6.5B Acquisition Pending Final Court Hearing
Australian land-based casino operator Crown Resorts announced in a filing with the Australian Securities Exchange (ASX) today that it has filed materials conccerning the proposed acquisition by Blackstone with the Federal Court of Australia. Final Court Hearing Date Pending Last week, Crown Resorts shareholders voted to almost unanimously approve the proposed transaction by way of […]
Industry
May 24, 2022
Leap Gaming Earns a Supply License for the UK Market
Malta-based games and virtual sports provider Leap Gaming was given the green light to operate on the British market. The British Gambling Commission has issued the new supplier license, following a series of licenses obtained for the regulated gaming markets in Sweden on March 10 and Romania a week later. Leap Gaming Joins One of […]
Casino
May 24, 2022
Steve Wynn Victorious as Attorney Lisa Bloom Calls for a Settlement
Steve Wynn, CEO and founder of casino operator Wynn Resorts, won a major victory as his opponent, famous #MeToo attorney Lisa Bloom failed to have the case dropped by the court and had to seek a settlement. The lawsuit started all the way back in 2018 when Bloom issued a press release containing accusations of […]
Legal
May 24, 2022
Two-Year Moratorium to Block Casino Licenses in Iowa
Iowa lawmakers have decided that they want to put the brakes on casino licenses as both the state House and Senate agree on putting a two-year moratorium on issuing new license approvals. One of the regions that are negatively impacted by this decision is Cedar Rapids, whose mayor said that the city was left in […]
Industry
May 24, 2022
Inspired Entertainment to Launch in Pennsylvania
Inspired Entertainment, a gaming provider with thousands of machines across shops and pubs, will expand its reach to Pennsylvania after successfully acquiring a gaming manufacturer’s license from the state’s regulator. Inspired to Launch in Pennsylvania After its successful licensing in the state, Inspired Entertainment will expand its footprint in the United States. Thanks to the […]
Legal
May 24, 2022
New Legislation Proposes Tough Gambling Regulation in Victoria
A new legislative proposal in Victoria, Australia, introduced by lawmakers is pushing for tough gambling rules seeking to minimize gambling harm. A Proposal Empowers the New Gambling Watchdog in Victoria The new regulation seeks to empower the recently created Victorian Gambling and Casino Control Commission (VGCCC). The new government entity will take over the responsibilities […]
Casino
May 24, 2022
Trainwreck Says His Donations Surpass $10B-Mark
Sponsored gambling sponsorships on Twitch continue to be as controversial as ever as of late, a slew of streamers and personalities have spoken their minds publicly. Mizkif, Pokimane, Asmongold, and xQc have all discussed gambling and how it impacts them and with Twitch allowing such sponsorships to take place legally, fans are getting a little […]
Industry
May 24, 2022
Gamblers Don’t Want Too Many Gambling Restrictions
As the government is preparing to impose more restrictive measures on gambling in a bid to safeguard consumers against gambling-related harm, and in more extreme cases, suicides, not everyone seems to be happy with the measure. In fact, some 65% of gamblers in the United Kingdom argue that by being too restrictive and setting limits […]
