Events & Reports

MGM Springfield Poses Little Threat to Connecticut Casinos

MGM Springfield Poses Little Threat to Connecticut Casinos

by September 18, 2018

During its first week of operation, MGM Springfield saw huge attendance in August and generated $9.5 million in gambling revenue, according to the state regulator’s latest report. Despite being seen as the main competition of Mohegan Sun and Foxwoods, Massachusetts’ new gaming fa ...

Greece’s €8 Billion Casino Sees Huge Investor Interest Despite New Taxes for Online Operators

Greece’s €8 Billion Casino Sees Huge Investor Interest Despite New Taxes for Online Operators

by September 17, 2018

Several international gaming giants are apparently eying the ambitious €8 billion Hellinikon casino project, intended to become the first integrated casino resort in Europe. The gambling sector is expected to grow as online operators will be required to pay €5 million to receive ...

Florida’s Gambling Industry Pours $1.25 Million in September to Fight Amendment 3

Florida’s Gambling Industry Pours $1.25 Million in September to Fight Amendment 3

by September 16, 2018

Florida’s gambling industry has stepped up efforts to fight an amendment that will be voted on the November 6 ballot and that, if approved, will give state residents the authority to decide whether there should be any form of casino gambling expansion on the territory of Fl ...

Sports Betting Helps Atlantic City to 24% Increase in August Gambling Revenue

Sports Betting Helps Atlantic City to 24% Increase in August Gambling Revenue

by September 13, 2018

“It is an exciting time for Atlantic City”, David Rebuck, Director of the New Jersey Division of Gaming Enforcement, said on Wednesday after the publication of the August report about the performance of the city’s gambling industry.Legal sports betting boosted monthly result ...

Hedge Fund HG Vora Builds Stake in Caesars, Presses for Asset Divestment or Sale

Hedge Fund HG Vora Builds Stake in Caesars, Presses for Asset Divestment or Sale

by September 13, 2018

New York hedge fund HG Vora Capital Management LLC has quietly built a 4.9% stake in Las Vegas casino and hospitality giant Caesars Entertainment Corp. and is pressing for the company to consider divestment of assets or an outright sale, Reuters reported on Wednesday citing unnam ...

Dutch Gambling Regulator Slaps Mr Green with Hefty Fine

Dutch Gambling Regulator Slaps Mr Green with Hefty Fine

by September 12, 2018

Online gambling company MRG, recently rebranded from Mr Green, announced today that it has become the latest target of the Netherlands Gaming Authority’s punitive actions against unregulated remote gambling operations conducted in the country.MRG said in a press release on i ...

Nearly 12% of Jeju Island’s High School Students at High Risk of Gambling Addiction

Nearly 12% of Jeju Island’s High School Students at High Risk of Gambling Addiction

by September 11, 2018

Nearly 12% of high school students living on South Korea’s Jeju Island are at high risk of becoming gambling addicts, according to a recent study. The research was conducted by the Korea Center on Gambling Problems and its results were published on Monday.The center said tha ...

Betsson Subsidiary to Appeal €300,000 Fine from Dutch Gambling Regulator

Betsson Subsidiary to Appeal €300,000 Fine from Dutch Gambling Regulator

by September 11, 2018

Corona Ltd., a subsidiary of Malta-based online gambling operator Betsson, announced yesterday that it has decided to appeal the fine it has been issued by the Dutch gambling regulator, Kansspelautoriteit, for serving Dutch gaming customers.Corona operates the Oranje Casino a ...

Melco to Delist from Philippine Stock Exchange due to Failure to Raise Funds for Casino Expansion

Melco to Delist from Philippine Stock Exchange due to Failure to Raise Funds for Casino Expansion

by September 10, 2018

Melco (Philippines) Investments Limited, operator of City of Dreams Manila, today revealed plans to delist from the Philippine Stock Exchange, citing the inability to raise funds for planned expansion of the Manila-based integrated resort as the main reason for its decision....

New York Jets Reportedly Seek Sports Betting Partner in New Jersey

New York Jets Reportedly Seek Sports Betting Partner in New Jersey

by September 9, 2018

The New York Jets are reportedly holding talks with some of New Jersey’s operational sportsbooks in a bid to find an official gambling sponsor for the 2018 NFL season, the New York Post reports citing unnamed sources.Reports emerged shortly after a committee of NFL own ...

Nearly $10 Million Wagered at Mississippi’s Sportsbooks in First Full Month of Legal Sports Betting

Nearly $10 Million Wagered at Mississippi’s Sportsbooks in First Full Month of Legal Sports Betting

by September 7, 2018

Bettors wagered $9.8 million at Mississippi’s licensed sportsbooks in the period between August 1-September 3, Allen Godfrey, Executive Director of the Mississippi Gaming Commission, revealed on Thursday.Mississippi was the third US state to launch legal sports betting opera ...

Is Ukraine Nurturing a Booming Illegal Gambling Market by Delaying Re-Regulation Process?

Is Ukraine Nurturing a Booming Illegal Gambling Market by Delaying Re-Regulation Process?

by September 6, 2018

Ukrainian lawmakers recently listed poker in the country’s Register of Recognized Sports after the game was considered a form of gambling and was therefore illegal for nearly a decade. This latest move raises two important questions – is the Ukrainian government gearing up for th ...

PokerStars Owner Removes iDEAL for Dutch Players

PokerStars Owner Removes iDEAL for Dutch Players

by September 5, 2018

A new round of news has arrived from the Netherlands, following the late-August announcement that the local gambling regulator, Kansspelautoriteit, has slapped a €300,000 fine on a Betsson subsidiary for targeting Dutch players.News emerged earlier today that The Stars Group ...

Failed Lucky Dragon Casino to Be Sold at September 10 Auction amid Investor Unrest

Failed Lucky Dragon Casino to Be Sold at September 10 Auction amid Investor Unrest

by September 5, 2018

Lucky Dragon Hotel and Casino was billed as a property of many firsts. Most notably, it was the first hotel and casino resort to be built from the very ground up in post-Recession Las Vegas. In addition, it was the first Vegas casino to specifically target customers from Asia. Ho ...

Sports Betting Companies Dominate Google Searches in Kenya as MPs Reject Gambling Tax Cut

Sports Betting Companies Dominate Google Searches in Kenya as MPs Reject Gambling Tax Cut

by September 4, 2018

Sports betting companies were the most popular search terms on Google in August, according to data recently released by the major search engine. ‘Sportpesa’, ‘betpawa’, ‘betika’, ‘betin’, ‘forebet’ were found to have been the most popular terms typed by Kenyan users of Google. ...