Industry
September 29, 2021
PAGCOR Plans Six-Figure Grant for Casino Filipino Cities
It’s been a rough couple of years for the Philippines, but things seem to be finally improving. Millions of dollars have been lost because of COVID-19 and the recovery process is going to take several years to complete. The Philippine Amusement and Gaming Corp (PAGCOR) is hoping it can help by giving cities and governments […]
Insider
September 28, 2021
Relax Gaming’s Simon Hammon: “Retaining the Competitive Edge in Game Production and Delivery”
Relax Gaming is a leader in the B2B sector, providing solutions in every major vertical of the iGaming, poker and bingo experiences. The company owns its proprietary technology that enables the fast delivery of compelling products to hundreds of thousands of gaming fans. Yet, the company has spared no effort in delivering a comprehensive portfolio […]
Industry
September 28, 2021
MGM Resorts Wins a Race in Which It Was the Only Participant
It’s almost impossible to lose a race in which you’re the only competitor, so it’s likely that MGM Resorts International wasn’t too concerned about not being selected as a casino operator for Osaka, Japan. The prefecture is hoping to win approval to host an integrated resort (IR) and, leading up to the close of the […]
Casino
September 27, 2021
MGM Resorts Agrees to $1.6B Cosmopolitan Operations Purchase
MGM Resorts signed a definitive agreement with Blackstone to acquire the operations at The Cosmopolitan of Las Vegas for $1.625 billion in cash, the casino company announced today. Buy the Operations, Rent the Property The price of the transaction that is expected to close in the first half of 2022, subject to regulatory approvals and […]
Legal
September 27, 2021
Dutch Regulator Fines Tipico, Operator Says It Did Not Target Netherlands
The Netherlands has fined Tipico over illegal gambling as the operator may have been offering Dutch gambling products to citizens without a former authorization by the country’s regulator, the Kansspelautoriteit (KSA). The country has issued several fines to what is considered illegitimate operators over the years, including brands such as Royal Panda, Leo Vegas, The Stars Group […]
Industry
September 27, 2021
AGA Adds BetMGM, MGM Resorts to “Have A Game Plan”
The American Gaming Association (AGA) continues to champion responsible gambling through its dedicated initiative known simply as “Have A Game Plan,” now backed by MGM Resorts and BetMGM. The partnership was revealed during AGA’s Responsible Gaming Education Week or RGEW for shore. Helping Gamblers Understand Safer Gambling This campaign focuses on educating crowds about sports betting as the US embraces […]
Casino
September 27, 2021
Denmark Warns Operators to Advertise Machine Winnings Properly
The Danish Gambling Authority has issued a reminder about operators’ obligations and advertisement agreements. Responding to reports that some companies may have advertised excessive slot and gambling machine winnings, the Spillemyndigheden said that winnings from such gambling operations could not exceed DKK 600 ($95) as per the existing gambling laws in the country. Denmark is […]
Industry
September 27, 2021
Macau’s COVID-19 Recovery Is about to Take a Nosedive
The upcoming Golden Week holiday period was supposed to provide Macau with an injection of much-needed revenue. The city and its casinos have been looking forward to this time of the year as a means to show that it has gotten COVID-19 under control. However, it apparently hasn’t and this spells disaster for Macau’s recovery […]
Legal
September 27, 2021
New York Faces Federal Investigation over Seneca Gaming Compact
New York State violated federal laws. That’s what the Seneca Nation of Indians believes as it continues to fight a judge’s order to pay millions of dollars to the state. The issue revolves around payments the tribe has been ordered to make in accordance with its existing gaming compact with the state; however, those payments, […]
Legal
September 27, 2021
Long Island Casino Avoids Citizen-Led Effort to Be Shut Down
Casino-goers in and around Long Island will still be able to visit Jake’s 58 in Islandia after a federal judge shot down an attempt by local residents to shutter the casino. The fate of the gambling venue has been uncertain for several years after its owner, Suffolk OTB, found itself in financial trouble, leading to […]