The Turning Stone Resort Casino in Verona, New York, renowned for its substantial influence in the hospitality and gaming industry since its opening in 1993, has launched the most extensive expansion in its history. With an investment of $370 million, the project, titled The Next 30 or Evolution, coincides with the 30th anniversary of the establishment, signifying a pivotal growth
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In the latest financial quarter, the Philippine gaming sector recorded a remarkable increase in gross gaming revenue (GGR), climbing by 37.52% to reach P94.61 billion. This surge, as reported by the Philippine Amusement and Gaming Corp. (PAGCOR), is primarily attributed to the substantial growth in the electronic gaming segment, which alone generated P35.71 billion, a stark rise from P6.32
Evolution Group, a leader in B2B casino solutions, has announced the extension of its partnership with FanDuel Casino in the United States market. This renewed agreement ensures Evolution remains FanDuel’s exclusive provider of core live dealer casino games for another three years, marking the second extension since the collaboration began in 2020. FanDuel players will
The state of New Jersey, a pioneer in legalizing sports betting across the United States, is now exploring new measures to restrict certain types of wagers. A proposed bill in the state legislature aims to prohibit proposition bets—commonly referred to as “prop bets”—that focus on the individual performance of college athletes. The initiative is a
On a landmark Friday, November 15th, the grounds of Resorts World Sentosa (RWS) became the focal point of a major advancement in Singapore’s hospitality and entertainment sector. The initiation of a SG$6.8 billion (US$5 billion) waterfront expansion was marked by a special groundbreaking ceremony. Led by notable figures including RWS CEO Tan Hee Teck and Minister of State
SJM Holdings Ltd has showcased a significant turnaround, reporting a profit of HKD101 million (US$13.0 million) for the third quarter ended September 30, contrasting sharply with a loss of HKD410 million during the same period last year. This notable recovery highlights the company’s resilience and strategic adaptations in a fluctuating market. Quarterly financial highlights and yearly comparisons: The firm disclosed
After years of anticipation and planning, the Wind Creek Chicago Southland casino opened its doors to the public, marking a significant milestone for local entertainment and economic development. Located at 17300 S. Halsted St. in East Hazel Crest, this new gaming and entertainment facility began welcoming patrons on Monday, November 11, amid high expectations and enthusiastic crowds.
Galaxy Entertainment Group (GEG) announced the peaceful passing of its founder and Chairman, Dr. Lui Che Woo, on November 7, 2024, at the age of 95. Dr. Lui’s death marks the end of an era for the company he began and shepherded to remarkable heights in the gaming and hospitality industries. From humble beginnings to tycoon:
In a landmark deal for the company, Gaming Innovation Group Software Plc (GiG) has announced its expansion into the Asian iGaming market through a significant partnership with Bloomberry Resorts Corporation and its flagship property, Solaire Resorts. This collaboration marks GiG’s inaugural entry into Asia, an important milestone in the company’s ongoing global growth strategy. Bloomberry
Australian gaming leader Aristocrat Leisure Limited has finalized the sale of its mobile game development subsidiary, Plarium Global, to Modern Times Group (MTG) in a deal valued at up to $820 million. This transaction aligns with Aristocrat’s strategic objective to concentrate resources on core areas, such as real-money gaming and social casino offerings, reflecting a
Endeavor Group Holdings, Inc., a prominent force in the global sports and entertainment sectors, announced a decisive move in its strategic reconfiguration by agreeing to sell its sports betting divisions, OpenBet and IMG ARENA, to OB Global Holdings LLC. This transaction, spearheaded by a management buyout featuring prominent participation from OpenBet executives including CEO Jordan Levin, is backed by
Poker players can get ready for intense action at Mohegan Sun’s Fall Showdown Poker Tournament, which will take place from November 19 to November 22, promising a $100,000 prize pool. The event, held at Mohegan Sun in Connecticut, will showcase No Limit Texas Hold’em over several days, culminating in payouts for the top players who
Game Lounge, a leading force in the iGaming affiliate industry, has announced its acquisition of Two Kings Consultants B.V., the company behind the well-known Dutch iGaming website, Meneer Casino. This strategic move signals Game Lounge’s entry into the fast-expanding Dutch iGaming market and reinforces its influence within the global affiliate landscape. The acquisition adds Meneer
In the realm of online slots, Hacksaw Gaming has introduced a captivating new title, Wings of Horus, that combines an intriguing mix of Ancient Egyptian mythology with innovative gaming features. This slot game engages players with its creative design while also offering a plethora of gameplay mechanics designed to enhance the gaming experience. Enigmatic features enhance gameplay: At the
In a significant regulatory move, Philippines President Ferdinand Marcos Jr. has issued Executive Order (EO) No. 74, enacting an immediate prohibition on all Philippine Offshore Gaming Operators (POGOs) and related offshore gaming activities in the country. Signed on November 5, the EO formalizes the POGO ban, initially declared during Marcos’ State of the Nation Address
ComeOn Group, a leading iGaming operator, has successfully expanded its presence in Ontario by adding a sportsbook component to its established online casino platform. Following the acquisition of the necessary permits, this development represents a significant step forward for the company as it aims to double its sportsbook business over the next few years. By
Desert Diamond Casino White Tanks will open in December 2024, marking the Tohono O’odham Nation’s latest expansion into Arizona’s bustling entertainment landscape. Located at 8200 N. Sarival Ave., Waddell, AZ, near Loop 303 and Northern Parkway, this new $450 million development promises to be a cornerstone of leisure and economic growth in the West Valley. An economic
PENN Entertainment, Inc. recently released its financial results for the third quarter of 2024, showing steady revenue in both its retail and interactive segments despite challenges. Chief Executive Officer Jay Snowden commented on the results, which aligned with the preliminary figures shared at an investor event in Las Vegas. He highlighted that while consumer demand
J&J Gaming, through its affiliate Golden Route Operations, is poised to expand its gaming empire by acquiring 10 slot-only operations in northern Nevada, predominantly along Interstate 80. This move comes ten months after J&J’s acquisition of Golden Entertainment’s distributed gaming operations in Nevada, marking another significant step in its growth strategy. Strategic expansion in the gaming sector:
In October 2024, New York State notched a historic milestone in sports betting, recording an unprecedented handle of $2.3 billion. This figure surpasses the previous high of $2.11 billion set in November 2023, underlining a robust growth trajectory in the sports wagering sector. A surge in sports wagering activity: The sports betting landscape in New York witnessed a