Sports
March 13, 2023
25% of Americans Adults Expected to Wager $15.5B on March Madness 2023
In 2023, March Madness will continue the tradition of being “America’s most wagered-on competition” as described by the American Gaming Association’s (AGA) president and chief executive officer Bill Miller. 68 million Adult Americans Ready to Wager on March Madness According to data from a survey released by AGA, 68 million of all Americans of the […]
Legal
March 13, 2023
Trump’s Reelection Odds Mired by More Legal Trouble in New York
Donald Trump’s reelection aspirations are not new. The former president made it abundantly clear when he launched his 2024 presidential campaign in November last year, as he moves closer to a direct confrontation with the likes of Florida Gov. Ron DeSantis who has remained mostly mum on what he thinks about Trump who still enjoys […]
Casino
March 13, 2023
Casinos Remain Vulnerable to New Scams
CDC Gaming Reports correspondent Buck Wargo attended the event, which reunited 600 people from the industry, interested in improving security on-site casinos and protecting against scams and cyber fraud. Conference Highlights Ongoing Challenge in Containing Casino Scams The conference confirmed that casinos face new sets of challenges and that the pandemic had led to a […]
Blockchain
March 13, 2023
Second-Largest Crypto Lender Signature Bank Shut Down
Now, the second-biggest crypto lender, Signature Bank, has been shut down by authorities, with the Treasury, the Federal Reserve, and FDIC all stepping in to contain what they fear could have been a much larger market meltdown. The institutions gave a joint statement in which they said that the bank was closed down by the […]
Casino
March 10, 2023
Century Casinos Registered Double-Digit Revenue Growth in 2022
Gaming and hospitality operator Century Casinos released today its fourth quarter and full year 2022 financial report, posting increases in revenue and EBITDA despite the decline from US operations. Net Operating Revenue, Adjusted EBITDA Net operating revenue for the three months ended December 31, 2022, was $103.75 million, down 3% from $107.3 million registered in […]
Insider
March 10, 2023
BettorOff Alex Dubin: “It Doesn’t Matter If You Participate – March Madness Pulls You In”
March Madness is upon us and as new states launch their online mobile betting just in time for the collegiate betting bonanza, we sit down with BettorOff CEO and co-founder Alex Dubin to discuss the event and what it’s going to mean for sports fans and sportsbooks. Q: What is the biggest reason why this […]
Business
March 10, 2023
S&P Global Ratings Upgrades Caesars as Digital Losses Ease
The upgrade is based on the expectation of improved leverage in 2023 as Caesars significantly moderates digital losses. S&P Global Ratings forecasts a 4%-6% increase in Caesars’ casino EBITDA for 2023 Caesars’ digital segment has been a drag on EBITDA over the past 18 months, but Caesars has reduced this in recent quarters as it […]
Casino
March 10, 2023
Atlantic City’s Dealers Who Have Cancer Urge for Smoking Ban
Speaking to one such person, Tammy Brady, the Associated Press found out that the dealer, who started working at the age of 18, had stage 2 breast cancer right now. Brady is 55. The Borgata casino worker did not outright blame in-door smoking on the casino floor, but she did say that there was a […]
Casino
March 10, 2023
Missouri Sees New Lawsuit Filed Against Gambling Machines
A new lawsuit, filed by attorneys in Missouri on behalf of seven plaintiffs, seeks to address the gray market for such machines. The plaintiffs argue that they have been hurt by the illegal operations of the thousands of machines that are currently available in the state, and seek damages from the owners of the venues […]
Casino
March 9, 2023
U2 Teases an Upcoming MSG Sphere Las Vegas Show
After much speculation, U2 has finally confirmed that they will perform shows dedicated to their iconic album Achtung Baby at Las Vegas’ new globe-shaped venue, MSG Sphere. U2 Announces Highly Anticipated Shows at MSG Sphere with Mysterious UFO-Themed Ad The Irish rockers had previously hinted at the shows before the Super Bowl, posting an image […]
