PokerStars Owner Gets Record Betting-Related Fine in NJ

PokerStars Owner Gets Record Betting-Related Fine in NJ

by April 23, 2019

The owner of the PokerStars and BetStars online gambling brands was fined a record fine by New Jersey gambling regulators for accepting bets on prohibited sporting events, it has emergedThe New Jersey Division of Gaming Enforcement slapped a $10,000 penalty on online gambling ...

NOVOMATIC Ventures Farther Into Asia with New Partnership

NOVOMATIC Ventures Farther Into Asia with New Partnership

by April 22, 2019

Major gambling provider NOVOMATIC boasts another milestone in its strategy to expand across the lucrative Asia-Pacific regionAustrian provider of solutions for the gambling industry NOVOMATIC today announced that it has landed a strategic partnership that will help it deliver ...

Ohio Intercepts Casino Winnings from Non-Custodial Parents for Child Support

Ohio Intercepts Casino Winnings from Non-Custodial Parents for Child Support

by April 21, 2019

More than 6,300 casino and lottery jackpots have been intercepted by Ohio government agencies for due child supportThe Ohio Department of Job and Family Services has seized more than $10 million in unpaid child support from gambling winnings of non-custodial parents with due ...

Big Brands Bring Two New Casinos to Northern California This Year

Big Brands Bring Two New Casinos to Northern California This Year

by April 19, 2019

Northern California is gearing up for major expansion of gambling as two popular casino brands are set to launch properties in the region this yearHarrah’s Northern California is slated to open doors for visitors later in April, while Hard Rock Sacramento at Fire Mountain is ...

Genting Chairman Confident in Japan Casino Bid’s Success

Genting Chairman Confident in Japan Casino Bid’s Success

by April 18, 2019

The Malaysian casino giant is embarking on major expansion of its Singapore operations, while bidding for one of three gaming licenses in JapanThe Chairman of Genting Group, Lim Kok Thay, said he is optimistic about his company getting a casino license in Japan. Genting is ge ...

M&A Buzz on the Strip: Blackstone Reportedly Seeks Buyers for The Cosmopolitan Casino

M&A Buzz on the Strip: Blackstone Reportedly Seeks Buyers for The Cosmopolitan Casino

by April 18, 2019

Blackstone reportedly exploring sale of The Cosmopolitan just several months after denying it was looking to divest the luxury Strip casino resortPrivate equity firm The Blackstone Group is assessing strategic options for The Cosmopolitan of Las Vegas, including putting the g ...

Casino Operator Galaxy Lands Football Event Sponsorship in Japan

Casino Operator Galaxy Lands Football Event Sponsorship in Japan

by April 17, 2019

Galaxy has become the lead sponsor of the EUROJAPAN CUP 2019 to boost its bid for a Japanese casino licenseMacau casino and hospitality operator Galaxy Entertainment Group is looking to secure greater brand exposure across Japan with a recently penned sponsorship deal for a b ...

Penn National Closes Resorts Casino Tunica Due to Competition from Arkansas

Penn National Closes Resorts Casino Tunica Due to Competition from Arkansas

by April 17, 2019

Penn National cites casino expansion in neighboring Arkansas as the reason behind its decision to close one of its three Tunica propertiesCasino operator Penn National Gaming announced Tuesday that it has decided to close Resorts Casino Tunica, one of its three properties in ...

Online Slots Supplier Red Rake Gaming Goes Live in Portugal with Bet.pt

Online Slots Supplier Red Rake Gaming Goes Live in Portugal with Bet.pt

by April 17, 2019

Red Rake Gaming delivers on expansion strategy with entry into the regulated online gambling market of PortugalDeveloper and supplier of games for the online casino industry Red Rake Gaming has secured entry into another European regulated market. In a press release on its of ...

Cyprus Regulator Presents Problem Gambling Prevention/Treatment Plan

Cyprus Regulator Presents Problem Gambling Prevention/Treatment Plan

by April 16, 2019

Cyprus’ gambling regulator is looking to develop a strategy for prevention and combating gambling addiction among local gamblersCyprus’ National Betting Authority has asked the government of the tiny Mediterranean nation to approve a €1 million budget for the introduction of ...

NagaCorp CEO to Finance 50% of Naga 3 Casino Resort Project

NagaCorp CEO to Finance 50% of Naga 3 Casino Resort Project

by April 15, 2019

NagaCorp said Sunday that Naga 3, the third phase of its NagaWorld casino resort, will cost around $3.5 billionCasino and hospitality company NagaCorp said in a Sunday filing that its founder, CEO, and largest shareholder would cover half of the costs related to the developme ...

Melco Outlines Sustainability Goals in New ‘Above & Beyond’ Strategy

Melco Outlines Sustainability Goals in New ‘Above & Beyond’ Strategy

by April 15, 2019

The casino operator is set to tackle environment’s biggest problems with its new game-changing ‘Above & Beyond’ sustainability strategyMelco Resorts & Entertainment has introduced multiple goals and targets as part of its strategy to deploy sustainable solutions acros ...

Icahn-Recommended Anthony Rodio To Be Named Caesars CEO

Icahn-Recommended Anthony Rodio To Be Named Caesars CEO

by April 15, 2019

Caesars will reportedly announce today the appointment of Anthony Rodio as the replacement of outgoing CEO Mark FrissoraGaming and hospitality company Caesars Entertainment Corp. is expected to name today Anthony Rodio as its new Chief Executive Officer, the Wall Street Journ ...

James Packer’s New $200 Million Yacht Inches Closer to Maiden Voyage

James Packer’s New $200 Million Yacht Inches Closer to Maiden Voyage

by April 14, 2019

Casino mogul James Packer’s new gygayacht is inching closer to her maiden voyage; the businessman has reportedly spent more than $200 million on his new toyOne of Australia’s richest men, James Packer will soon be able to feed his well-known taste for expensive toys with a br ...

Gambling Giant GVC’s Bosses OK’ed Each Other’s Recent Share Sale

Gambling Giant GVC’s Bosses OK’ed Each Other’s Recent Share Sale

by April 14, 2019

The top bosses of gambling powerhouse GVC Holdings have signed off each other’s recent sale of a large chunk of their personal stakes in the company, The Sunday Times reportsThe news outlet has understood that outgoing Chairman Lee Feldman and CEO Kenny Alexander have given e ...