"Gambling" Tag Results

By Elaine West

Mohegan Sun Ready to Acquire Boston-area Casino

December 3, 2018

Connecticut-based gaming company, Mohegan Sun has recently announced that it is willing to buy out Wynn Resorts’ $2.5 billion Everett casino project if is found to be unsuitable by state regulators. The Massachusetts Gaming Commission is currently facing a lawsuit over its alleged botched investigations into sexual misconduct allegations against Wynn Resorts founder and former […]

By Tomas Medon

China Allegedly Prods North Korea Into Dropping Casino Plans

November 26, 2018

North Korea’s construction plans for a 30-story hotel close to the Chinese border have been abruptly halted after the latter reportedly convinced North Korea that it was a bad idea citing concerns that Pyongyang’s plans to build a casino. Already, the project was halfway through with 20 stories having been built. The casino was to […]

By Ameana Jones

Not Everyone Is Amused by MGM/NY Jets’ Gaming Partnership

November 12, 2018

About a fortnight ago, MGM Resorts International and the New York Jets announced that they had just entered into a multi-year partnership agreement. This makes the Las Vegas-based casino operator the official gaming partner of the New York Jets, a gaming partnership that is arguably the most comprehensive one in the National Football League (NFL). […]

By Elaine West

Genting Malaysia’s Share Price Drops Amid Higher Taxes

November 5, 2018

Last Friday, the Malaysian Budget was announced and one of the main highlights of that event was the negative surprises it had in store for the gaming sectors. This came in the form of an unprecedented tax hike that affected a number of gambling businesses including the country’s casinos and slot parlors. As stipulated by […]

By Tomas Medon

Plan to Turn Mayfair Townhouse into Casino Faces Backlash

October 29, 2018

Considered to be one of the most renowned and flamboyant society hostesses of the last century, Dame Margaret Greville truly mastered the art of hospitality hosting the elite at her Lavish Georgian home in London’s Mayfair. Most of Margaret’s neighbors looked forward to these soirees as they presented the opportunity to catch a glimpse of […]

By Alexander Palmer

Indiana Lawmakers Propose Legalization of Sports Betting

October 22, 2018

Huge changes seem to be headed to Indiana’s gaming industry – it is possible that next year, we could finally have legalized sports betting in the state. This follows from last Friday’s summer study committee where the Hozier State’s lawmakers unanimously voted to recommend the legalization of sports wagering during the next legislative session. It […]

By Grant Mahon

GambleAware Adds New Trustees to Gambling-Independent Board

October 8, 2018

United Kingdom-based industry charity GambleAware has recently expanded its board of trustees with new appointments. These new appointees are meant to advise the organization on issues to do with addictive behavior and health-related matters in the United Kingdom. The choice of the new trustees was based on the organization’s mandate to establish a board that […]

By Tomas Medon

Highlights of the September 27 Sports Betting Hearing

October 1, 2018

Last Thursday while the Senate dealt with the highly controversial US Supreme Court Hearings, a subcommittee of the US House known as the House Subcommittee on Crime, Terrorism, Homeland Security and Investigation hosted a sports betting hearing. The hearing that was officially recognized as “Post-PASPA: An Examination of Sports Betting in America” is the first […]

By Alexander Palmer

Mississippi Casino Revenue Spikes with Sports Betting Debut

September 24, 2018

According to the Mississippi state revenue department, the state’s overall casino revenue rose sharply in August with the debut of sports betting – figures released by the department show that gamblers lost a whopping $181 million across the state last August, an 8 percent increase from the $168 million that was recorded during the same […]

By Ameana Jones

Macau Casino to Reopen After Typhoon Mangkhut

September 17, 2018

Late last Saturday, Macau authorities announced a blanket suspension of operations in the city’s casinos ahead of Typhoon Mangkhut, a storm that was expected to reach category 10. The 33-hour shutdown of the world’s biggest gambling hub caused a stock retreat that is estimated to have cost operators as much as $186 million in revenue. […]