Industry
May 20, 2022
O’Neill Steps Down as Star’s Executive Chairman
At the beginning of the month, ex-rugby star and Star Entertainment chairman of Star Entertainment Group John O’Neill announced he would temporarily take over the managing director and chief executive officer position. Now, O’Neill announced his resignation just days before a public hearing where he will testify in regards to the group’s casino in Sydney. […]
Casino
May 20, 2022
Local 54 Demands Better Salaries for AC Casino Workers
Turmoil is brewing as casino workers in Atlantic City prepare to protest. The laborers warned casino goers that demonstrations might take place at the city’s gambling venues. Local 54 Is Serious about Its Demands The casino employees are working together as part of Local 54, an affiliate of UNITE HERE that represents hospitality workers. They […]
Casino
May 20, 2022
Encore Boston Harbor’s Gross Gaming Revenue Increases in April
There are a total of three casinos operating in Massachusetts currently: MGM Springfield, Plainridge Park Casino and Encore Boston Harbor. Earlier this week, the Massachusetts Gaming Commission (MGC), which is the gambling regulator in the state, released the gross gaming revenue (GGR) report for the three operators for April 2022. Based on the figures from […]
Industry
May 20, 2022
Playson’s Product Owner Perished in the Ukraine War
The war in Ukraine continues to take its toll on the industry. Playson, a leading game developer for the regulated gambling industry, announced that its product owner has perished in the fighting. Honcharuk’s Contributions Are Immeasurable Oleksandr Honcharuk worked as a product owner at Playson for over two years. The talented industry specialist joined the […]
Casino
May 20, 2022
Nevada Gaming Control Board Approves Two-Year License for Accel Entertainment
At the beginning of May, the Nevada Gaming Control Board recommended Accel Entertainment should receive a two-year license that would allow it to provide its Video Gaming Terminals (VGTs) and slot machines to gaming cafes, bars, truck stops, or restaurants within the state borders. On Thursday, the Board officially approved the license. Now, the Chicago-based […]
Casino
May 20, 2022
Frankfurt Court Orders a Casino to Refund All Deposits Made by a Player
Frankfurt’s Higher Regional Court has ordered an unnamed online casino to repay €26,000 ($27,500) to a player which used the site’s services between 2018 and 2020. At the time, online gambling in Germany was only regulated in Schleswig-Holstein and the operator did not hold a German license. The Matter Was Originally in the Hands of […]
Industry
May 20, 2022
Crown Investors Approve Blackstone’s Takeover Bid
As Blackstone prepares to acquire Crown Resorts, the casino company inquired about its investors’ opinion on the deal. As it turns out, most of them support the takeover. Crown’s Shareholders Approve the Scheme Blackstone, an American investment management company, announced its intentions to acquire Crown Resorts. The Australia Foreign Investment Review Board reviewed the deal […]
Casino
May 20, 2022
No More Pull Tabs In North Dakota Stores and Gas Stations
The Flickertail State is facing an explosive growth in the number of e-pull tab machines in recent years and it all comes down to a 1994 document and some loose wording regarding critical definitions. The issue is expected to be addressed when the Legislature reconvenes next year after a 3-2 vote in the commission. E-pull […]
Industry
May 20, 2022
Bernstein: Digital RMB May Benefit Macau Gambling
Finance experts from Bernstein have analyzed how going cashless might affect Macau’s gambling economy. The analysts believe that it will revitalize the sector – something it desperately needs right now. Bernstein Spoke about Macau and Digital RMB Bernstein finance specialists have commented on the prospects of introducing China’s virtual currency, the digital renminbi (digital RMB) […]
Casino
May 20, 2022
Nevada Gaming Commission Gives MGM Stakeholder a Limited License
The Nevada Gaming Commission, the regulator of Nevada’s thriving gambling market, has given a limited license to billionaire Barry Diller for his MGM Resorts International ownership stake. The IAC director owns 14% of the MGM shares and is currently under inside trading investigation by the Justice Department and SEC. “That’s Not Fair,” Diller Shouted While […]
