Business
November 2, 2021
James Packer Admits His Absence May Have Led to Crown Resort’s Issues
James Packer, the founder and former chairman of Crown Resorts, admitted that during the time he ran the company, there were many oversights which were the result of not complying in part or fully with the requirements which came as a result of missing board meetings for four years. Officials became aware last Friday of […]
Industry
November 2, 2021
Social Gambling Ads More Appealing to Children Than Adults
Gambling ads on social media may be more appealing to children than to adult audiences they are supposed to target, a new study by the University of Bristol Suggests. In the study, interviewing 650 children, young adults and adults across the United Kingdom, researchers established that underage individuals found themselves incentivized by the ads that […]
Industry
November 2, 2021
Second Man Accused in Gambler’s Murder Caught Trying to Flee the Country
It won’t bring 54-year-old Sree Aravapalli back, but at least justice can be served. After a visit to the Parx Casino in Bensalem Township, PA, turned deadly for the gambler, a second person implicated in the attack has now been arrested. Devon Melchor was taken into custody at an airport in Florida as he attempted […]
Casino
November 2, 2021
Chicago Showered with Proposals as Single Casino License for Grabs
The City of Chicago is not lacking suitors when it comes to casino operators. The sole license that is now up for grabs has elicited some strong and determined action from no fewer than five companies that are pushing to secure an entry that would chart a way for their futures in the city and […]
Industry
November 1, 2021
Las Vegas Sands Is Reportedly Discussing Opening a Casino Near Citi Field
New York Mets’ owner Steve Cohen is discussing a potential casino next to Citi Field with Las Vegas Sands Corp., as reported by numerous people who claim to be familiar with the discussions. These people claim that discussions are still in the preliminary stage. Considering the fact that the matter was private, they were given […]
Casino
November 1, 2021
Hard Rock Reveals $70 Million Plans for Cincinnati Hotel
Florida-headquartered casino and hospitality company Hard Rock International envisions putting in $70 million into adding a hotel to its casino in Cincinnati. The expansion will make the casino more attractive to bettors from further destinations. Hard Rock Details Its Vision Jon Lucas, Hard Rock’s chief operating officer, revealed more about this idea. According to him, […]
Casino
November 1, 2021
Parx Casino Visitor Shot and Killed After Winning $10,000
Jekai Reid-John, a 27-year-old man from Pennsylvania, is set to be extradited to New Jersey following a gruesome murder tied to the Parx Casino. Reid-John, from Norristown, is facing a murder charge and, according to reports, he followed the victim from the casino in Pennsylvania to his home in Plainsboro, New Jersey. There, he shot […]
Casino
November 1, 2021
Players Casino in Ventura, CA, to Get a New Home
Players Casino, as well as the city of Ventura, CA, hopes that a new home will give it the boost it needs to get back in business. The casino, like most, took a beating from COVID-19 and shut down permanently last December. It threw in the towel four months later and filed for bankruptcy, leaving […]
Industry
November 1, 2021
Macau GGR Down in October, But Improvement Expected
Macau’s gross gaming revenue (GGR) took another hit last month, one of many the casino hub has seen over the past two years. With the return of certain COVID-19 travel restrictions in the region toward the end of September, there was less traffic to feed Macau’s gaming facilities in October. As a result, GGR dropped […]
Business
October 29, 2021
Crown Reaches $94.3 Million Settlement on Class-Action Suit From 2017
Crown Resorts finally reached an agreement concerning the shareholder class-action that dates back to December 4, 2017, when it was commenced in Australia’s Federal Court. The case was referenced as “Zantran Pty Limited v Crown Resorts Limited, Federal Court Proceeding VID 1317/2017,” and the total settlement, interests and costs included, is $94.3 million (AU$125 million). […]