Business
January 27, 2022
Elys Game Technology Submits Platform for Approval in NJ
Elys Game Technology, one of the fastest growing and technologically advanced sports betting and iGaming full-service platform providers, is hoping to soon begin operating in the state of New Jersey. Elys Awaits Approval to Launch in the Garden State The company announced that it has submitted its US Gameboard sports betting platform for approval by […]
Legal
January 27, 2022
Las Vegas Sands Fights Back Against $7-Billion Lawsuit in Macau
Las Vegas Sands (LVS) is back in court fighting a familiar foe. Asian American Entertainment Corporation (AAEC), a former business partner in Macau that helped it get its start there, has been trying to collect massive amounts of money for years. It argues that LVS breached its contract and, therefore, deserves a fat payday. It […]
Industry
January 26, 2022
Gaming Realms Posts Trading Update, Expects Successful 2021
Leading developer and licensor of mobile gaming content Gaming Realms plc (GMR) announced that it has enjoyed a successful 2021 and predicts to keep the positive momentum this year as well. Gaming Realms Expects 27% Revenue Growth for 2021 In a pre-close trading update released on Wednesday, GMR released its results for the full year […]
Casino
January 26, 2022
Borgata Forfeits $76,557 to New Jersey’s DGE
Borgata Casino, located in Atlantic City, NJ, has been hit with four sets of forfeiture requests by the New Jersey Division of Gaming Enforcement. The casino allowed individuals who did not provide adequate ID to gamble at the property on four occasions reviewed by the regulator. Borgata Did Not Argue Against the Claims The DGE […]
Industry
January 26, 2022
Survey Says Pennsylvania Has More Than 1M Gamblers
The Pennsylvania Department of Drug and Alcohol Programs, the Pennsylvania Gaming Control Board, and the Penn State University released a new report on Friday, looking into the rate of gambling participation in the Keystone State. Pennsylvania has embraced gambling in all of its variety, from sports to casinos, poker, and racetracks. This has created a […]
Casino
January 26, 2022
ResortsCasino.com Adds Digital Gaming Slots in New Jersey
Resorts Digital Gaming has become the latest New Jersey iGaming operator to add products by Digital Gaming Corporation to its portfolio of games. As a result, ResortsCasino.com players will access many fan-favorite games delivered by DGC. Player-Favorite Slots Heading for ResortsCasino.com Some of the titles included in the partnership cover games such as 9 Masks […]
Industry
January 26, 2022
Virginia’s City of Richmond Hopes Tax Cuts Will Sway the Public on Casino Bid
The city of Richmond, VA, was shocked and a little more than disappointed when local residents rejected a casino referendum last November. Not willing to give up the fight, the city is pulling out its bag of tricks to try to gain support. One of these tricks targets locals’ wallets. Tax Breaks for Casino Support […]
Industry
January 26, 2022
Number of Junkets Active in Macau Cut in Half Since January 2021
Over the past year, the total number of Macau licensed gaming junkets has declined by 45.9%. According to the Gaming Inspection and Coordination Bureau (DICJ, for its Portuguese acronym), this is the ninth consecutive year that the number of licensed junkets has declined in Macau. More exits are likely leading up to the implementation of […]
Business
January 26, 2022
Bally’s Receives Takeover Offer 30% Greater than Its Valuation
Standard General must know something others don’t. The New York hedge fund has offered to purchase the shares it doesn’t already own of Bally’s Corp. at a $2.07-billion valuation. Standard General is managed by Soohyung Kim, Bally’s chairman. Bally’s Mulls Buyout Bid Standard General is the largest shareholder of Bally’s, holding 20% of the company. […]
Casino
January 25, 2022
Wynn Announces Plans for Multibillion-Dollar Resort in UAE
The international developer and operator of luxury resorts, Wynn Resorts, announced its plans for a new multibillion-dollar integrated resort (IR) on the man-made Al Marjan Island in Ras Al Khaimah, United Arab Emirates (UAE). Wynn Announces Plans for a New Multibillion-Dollar IR The new resort is going to be developed by Wynn in collaboration with […]