By Tomas Medon New York Budget Confirms Plans for Three Downstate CasinosApril 12, 2022 The wait for a Las Vegas-style casino in New York is almost over. In the state’s recent $220 billion budget that was approved last Saturday, the lawmakers include licenses to not one, but up to three downstate casino licenses. All three will be full licenses. Each of them will be going for at least $500 […]
By Tomas Medon World’s Largest Crypto Trading Floor Coming Alongside New York CasinoDecember 10, 2021 It is a truly exciting time to be alive especially if you are interested in emerging new trends in technology, business and entertainment. Crypto is one of these exciting developments and there is a lot to look forward to from that sector. Some of the biggest advancements might come as part of a casino in […]
By Tomas Medon AUSTRAC Launches Money Laundering Probe into Country’s CasinosJune 10, 2021 Last Monday, the Australian Transaction Reports and Analysis Centre (AUSTRAC) launched a probe into some of the country’s casino operators. This follows concerns over a potential breach of some of Australia’s money-laundering laws. That said, casinos in all five major cities will be undergoing extensive background checks to ascertain that they are operating within the […]
By Tomas Medon Star Entertainment Group Proposes Merger with Crown ResortsMay 10, 2021 World-renowned gaming and entertainment operator The Star Entertainment Group has recently revealed its plans to buy Crown Resorts Limited, its biggest competitor. This announcement came after the company submitted a conditional, non-binding, indicative proposal to merge which, if successful, will see the creation of Australia’s biggest gambling giant yet with a total of seven properties […]
By Tomas Medon Crown Resorts Deemed Unfit to Run Newly-Built Sydney CasinoFebruary 10, 2021 A recent inquiry by the Australian authorities has dealt a huge blow to Crown Resorts which happens to be one of the largest gaming and entertainment operators in the country. From what we could gather from this new development, the inquiry has deemed the popular gaming operator to be unsuitable to operate its newly-built AU$2.2 […]
By Tomas Medon Live! Casino & Hotel Philadelphia Announces Opening DatesJanuary 10, 2021 The long wait is finally over for South Philadelphia’s residents who have been looking forward to the launch of a new casino in the area. On January 6, the operator behind Live! Casino & Hotel announced that they have already set the opening dates for their new world-class gaming and entertainment company that will be […]
By Tomas Medon DraftKings To Enter Connecticut’s Sports Betting MarketDecember 8, 2020 Sports betting operator DraftKings has recently secured a market access deal in Connecticut through a lucrative partnership deal with Foxwoods Resort Casino owner Mashantucket Pequot Tribal Nation. Thanks to the multi-year agreement which is still pending regulatory approval, the two parties will be collaborating to bring the state’s residents online sports betting services as soon […]
By Tomas Medon Illinois Casino Plans to Be Delayed for At Least Six MonthsNovember 3, 2020 In late October, the Illinois Gaming Board held a virtual meeting where they ironed out several gaming-related issues. Perhaps the most notable takeaway from the virtual meeting was the announcement involving three applicants for a casino license. The board stated that these applicants will have to wait for at least six months before they receive […]
By Tomas Medon Virginia Casino Plans Face Opposition as Referendum ApproachesSeptember 22, 2020 Earlier this year, Governor Ralph Northam (D) of Virginia ed a casino bill that made it possible for the creation of casinos in various cities around the state. However, for casinos to be set up in the qualifying cities, the residents had to weigh in on the matter first. That said, on November 3, voters […]
By Tomas Medon Indiana’s Gambling Industry Edges Closer to NormalcyAugust 11, 2020 The coronavirus pandemic had a devastating effect on the global economy with the gaming industry being one of the biggest casualties. In Indiana, the three-month shut down of gambling and entertainment venues was just as much of a big deal as it was in many other states in the US. However, gambling in the Hoosier […]