"Gambling" Tag Results

By Tomas Medon

How the Gambling Industry is Handling the Crypto Crash

July 14, 2022

It has been a downward spiral since the middle of April for the value of bitcoin and other digital currencies. This is a very big deal, especially considering that the crash seems to be getting worse every day. At this point, however, it is unclear if the effects of this decline will have a considerable […]

By Tomas Medon

Macau Casinos Shut Down Amid Intensifying COVID Wave

July 12, 2022

For the first time in more than two years, Macau has taken the unprecedented step of closing all its casinos. The authorities are working hard to suppress the worst coronavirus epidemic they’ve seen to date in the region which happens to be the most prominent gambling center on the planet. Naturally, this has caused the […]

By Tomas Medon

Wildfire Casino Construction Underway in Downtown Las Vegas

July 5, 2022

Red Rock Resorts aims to solidify its position as a leading operator of casinos catering to locals across the Las Vegas Valley by opening a new gaming facility in the heart of the valley. The company is already one of the most prominent operators of such establishments. Throughout the Las Vegas area, Red Rock manages […]

By Tomas Medon

Queensland Launches Probe into Star Entertainment’s Licenses

June 14, 2022

After claims of money laundering and other integrity concerns surfaced, the state government of Queensland has decided to start an independent investigation into the casino licenses held by Star Entertainment across the state. Lawyer Shannon Fentiman said on Tuesday that the government was considering these claims with a lot of seriousness. According to the attorney […]

By Tomas Medon

Blackstone Receives Green Light in Favor of Its Crown Bid

June 9, 2022

Australian gaming authorities have given the green light to private equity firm Blackstone to handle Crown Resorts Ltd.’s ailing casinos in the country’s two major cities. The $8.9 billion deal received the approval of the gaming authorities in both New South Wales and Victoria after the US equity group launched a takeover effort last year. […]

By Tomas Medon

Evolution Partners with Soaring Eagle Casino for Michigan iGaming Market

June 7, 2022

Soaring Eagle Gaming, a Michigan-based gaming company, has secured a deal with Evolution as well as its NetEnt and Red Tiger sub-brands to supply online casino content in Michigan. From its live studio in Michigan, Evolution will deliver its online casino game library, which includes Live Casino and First-Person RNG titles. Players in the state […]

By Tomas Medon

Chicago City Council Approves Bally’s Casino Bid

May 26, 2022

Now that Chicago’s first casino has received approval from the City Council, things are looking good for casino enthusiasts in the city. 41-7 voted to approve Bally’s $1.7 billion plans for a riverside casino and resort at the Tribune Publishing property in River West. Afterward, the Illinois Gaming Board will make its decision. An outdoor […]

By Tomas Medon

Bally’s Is Chicago’s Preferred Casino Operator

May 10, 2022

Last Thursday morning, Mayor Lori Lightfoot green-lit Bally’s plan to open a casino in River West. This decision brought to an end months of proposals, public input, and significant opposition from certain groups within the neighborhood where the casino will be built. The Chicago City Council will evaluate Bally’s plan to develop and operate a […]

By Tomas Medon

Mohegan Gaming & Entertainment Partners with Kambi for Ontario Market

May 5, 2022

The Canadian industry, particularly Ontario’s newly created iGaming sector, is ripe with opportunity. More gaming companies are aiming to enter the sector, as predicted. This week, Mohegan Gaming & Entertainment (MGE) announced its entry into Ontario’s nascent iGaming and sports wagering business. The name of the betting and gaming brand that will go live in […]

By Tomas Medon

Louisiana’s Legislature Considering New Responsible Gambling Laws

April 28, 2022

In the aftermath of a senior state lawmaker reg in part due to her addiction, the Louisiana Legislature now considering stricter regulations with regard to gambling-related harm. If all goes according to plan, the state could eventually introduce a measure that would force mobile sports betting operators to implement self-exclusion mechanisms on their platforms. Karen […]