The Latest in casino
Casino
April 1, 2022
Nevada’s Unemployment Rates Remain Concerning, February Statistics Show
Nevada is a state famous for its flourishing gambling industry. Despite how brightly the spectacular Las Vegas casinos shine not everything is rosy in the Silver State. Nevada Struggles with High Unemployment Rates Clark County, the state’s southernmost region and the one housing the famous city of Las Vegas is struggling with unemployment, the Department […]
Legal
April 1, 2022
$36M Missing, Junkets Involved, Says Macau Police
Earlier this week, the Judiciary Police in Macau unveiled details regarding a case involving junkets that resulted in $36 million in missing proceeds. Two Men Arrested, Police Say They Took Money from 18 Individuals Police authorities in Macau said Tuesday that they arrested two men, allegedly involved in a criminal syndicate and fraud related to […]
Industry
April 1, 2022
Macau Government Confirms Stricter Rules for the Casino Gambling Sector
The Executive Council of Macau announced that the Macau Special Administrative Region (SAR) government would submit to the Legislative Assembly a new gaming law for the optimization and improvement of the gaming sector, suggesting stricter rules for those who operate in the sector. On March 31, 2022, the Executive Council pointed out the main aspects […]
Casino
April 1, 2022
Atlantic City Coalition to Ban Smoking in Casinos Adds More Support
Cigarette and cigar smoke may soon leave casino gaming floors in Atlantic City despite fears that in doing so, an economic morose may befall New Jersey’s beating gambling heart. The issue has proven divisive, but support in favor of snuffing out smoke from casinos and simulcasting facilities is gaining even more traction, an announcement by […]
Casino
March 31, 2022
Malaysians Forced to Work for a Cambodian Gambling Syndicate
While Western regulators’ usual concerns are integrity and preventing money laundering, certain countries in other regions have it tougher – in Cambodia, for example, gambling crime is much more often associated with heinous crimes such as kidnappings and torture. According to the local news outlet Khmer Times, over 100 Malaysians are currently held hostage by […]
Sports
March 31, 2022
APE Recognizes Need for Innovation, Focuses on the Metaverse
Asia Pioneer Entertainment Holdings Limited (APE) has said that it will seek to diversify its product offering and turn to metaverse experiences as a way to attract more consumers and travelers. The company cited the significant drop in visitors to Macau and across Asia as the reason why new solutions will be necessary to engage […]
Casino
March 31, 2022
Senior Government Minister Questions Future of Casinos in NSW
Cities and Infrastructure minister of New South Wales Rob Stokes has questioned the future of the casino industry in Sydney and Australia following the damaging revelations of criminal practices, including money laundering, and collaborating with Asian junket operators despite advice not to, by investigators into Crown Resorts and Star Entertainment Group. Casino Shortcomings Bring into […]
Casino
March 31, 2022
Nevada’s Gaming Revenue Hits the $1 Billion Mark for 12th Month in a Row
According to fresh data from the Nevada Gaming Control Board, casinos in the Silver State have once again recorded gaming revenues that surpassed the $1 billion mark in February. The figure marks the 12th consecutive month in a row with billion-dollar wins while setting a new all-time record for the month of February. Nevada’s Casinos […]
Casino
March 31, 2022
Bally’s Unveils Plans about Fukuoka, Japan IR, Says Report
Bally’s Corporation made a surprising announcement earlier this week, a new report reveals. During a press conference on Wednesday, the company revealed it is hoping that the government in Japan will consider its bid to build an integrated resort (IR) in Fukuoka. Bally’s Plans to Enter Japan’s IR Race The company revealed plans for a […]
Legal
March 31, 2022
Man in Panama Defrauded Spanish Government of $5.5M
A man from Panama is in hot water with Spanish and Panamanian authorities after the suspect worked for a government agency and used his position to misappropriate and siphon off funds to fuel his gambling habits. He will now face the consequences of the choices he has made over the past 13 years, with a […]