Gambling minister Stuart Andrew has resigned from his position as a member of parliament following the announcement of a snap general election set for July 4. Prime Minister Rishi Sunak made the election announcement last week, prompting Andrew to take to social media platform X – formerly known as Twitter – on Wednesday to confirm
Month: May 2024
As the legislative session in New York approaches its conclusion, Sen. Joseph Addabbo has introduced a bill to legalize online poker in the state, marking another attempt in a long history of efforts to regulate the activity. This move comes a decade after Asm. Gary Pretlow first introduced a similar bill that never made it
The Michigan Gaming Control Board (MGCB) has initiated a decisive crackdown on Bovada, an offshore gaming company operating unlawfully within Michigan’s jurisdiction. Responding to this breach, the MGCB dispatched a cease-and-desist letter to Harp Media B.V., the operator responsible for Bovada’s online platforms, including Bovada.com and Bovada.lv. Regulatory warning against overseas operators: The MGCB underscores the heightened
Flutter Entertainment plc has announced the transition of its primary listing to the New York Stock Exchange. This shift follows the transfer of the Company’s listing category on the Official List of the Financial Conduct Authority from “Premium Listing (commercial company)” to “Standard Listing (shares)”. While Flutter’s shares remain tradable on the Main Market of
Resorts World Genting and Genting Malaysia Berhad have reported robust financial performances in the first quarter of 2024, with substantial revenue growth and promising outlooks despite market challenges. Resorts World Genting’s impressive growth: Resorts World Genting witnessed a remarkable 25 percent increase in revenue, reaching RM1.75 billion ($372.2 million) in Q1. This surge in revenue contributed significantly to the
The Ministry of Tourism (Mintur) has announced an extension of the bidding deadline until September 2, 2024, for the sale of properties linked to the future casino in Carmelo in Colonia, Uruguay. This decision is contingent upon the completion and launch of a luxury hotel with a casino concession. Deadline extension: reasons and considerations: Initially
Nevada’s gambling industry reported total revenue of $1.24bn (£977.0m/€1.15bn) for April 2024, marking a notable increase from the previous year but also indicating a second consecutive month of decline. This figure represents a 6.9% increase from the $1.16bn recorded in April 2023. However, it is a 3.9% decrease from the $1.29bn generated in March 2024.
Treasure Chest has announced the grand opening of its new land-based casino at the end of Williams Boulevard near Lake Pontchartrain in Kenner, Louisiana, set for Thursday, June 6. This event marks the closure of its long-standing riverboat casino, which will cease operations at 11:59 p.m. on Saturday, June 1. The newly constructed land-based casino
Seaport Research Senior Analyst Vitaly Umansky has raised concerns that Thailand’s nascent casino regulations might not be robust enough to attract major operators from the United States. In a note published on Friday, Umansky evaluated the potential for US-based Wynn Resorts to enter the Thai market, suggesting that the current regulatory environment is not yet
May 31, 2024 The third day of the 2024 World Series of Poker (WSOP) at Horseshoe and Paris Las Vegas saw not one but two gold bracelets awarded, the first of the series. That leaves “only” 97 more live bracelet events for PokerNews to report from! Event #1: $5,000 Champions Reunion is complete after Asher
May 31, 2024 The World Poker Tour (WPT) Choctaw Championship had several major storylines heading into Thursday’s final table, one of them being that James Mackey could become a repeat champion after winning the event in 2016. History repeated as Mackey won his second WPT Choctaw title and $361,600 inside the Hyper X Arena in
Play’n GO, the world’s leading casino entertainment provider, has announced the release of its 2023 Sustainability Report. This inaugural report outlines the company’s Sustainability Strategy, progress, and Environmental, Social, and Governance (ESG) commitments and goals for the year. Building a Sustainable Industry and Planet The report details Play’n GO’s efforts over recent months and years
May 31, 2024 Asher Conniff battled back from a five-to-one chip disadvantage during heads-up play to claim his first WSOP bracelet in Event 1: $5,000 Champions Reunion and picked up the $408,468 winner’s purse that came with it. Conniff defeated Halil Tasyurek in a heads-up duel that spanned three levels and saw the Turkish player
May 31, 2024 Jose Garcia clinched his inaugural World Series of Poker bracelet in a thrilling showdown in Event #2: $500 Casino Employees No-Limit Hold’em, hosted at the esteemed Horseshoe and Paris Casino. Emerging victorious from a tense heads-up battle with competitor Richard Rothmeier, Garcia, who is a poker dealer, secured a substantial prize of
May 30, 2024 The second straight day of World Poker Tour (WPT) action inside the HyperX Arena in Las Vegas is set to get underway after last night’s electrifying Seminole Hard Rock Poker Showdown Championship that saw Josh Reichard defeating Landon Tice heads-up for $839,300 with one of the loudest rails in WPT history. Today’s
May 30, 2024 Mistakes are made by every poker player from time to time. But one mystery player during Thursday’s Hustler Casino Live Million Dollar Game made an avoidable blunder that cost him over $540,000. The player in question is known only as “Thomas.” He showed up to play during the third $1 million buy-in
May 30, 2024 Droughts don’t last forever, right? That’s what Daniel Negreanu, who hasn’t won a World Series of Poker (WSOP) bracelet since 2013, is hoping for as he’s deep and big stacked in Event #3: $500 WSOP Kickoff No-Limit Hold’em Freezeout. The tournament, which began on Wednesday at Horseshoe and Paris Las Vegas, had
Woe, cowboy! It’s time to take a look at the Buffalo Sunset online slot from GameArt, with 5 reels and 243 paylines! This medium volatility game has buffalo of course, along with many other wild animals of the plains like marmot, wolf, and lynx! They fill the reels along with Multipliers and Wild symbols, and
Churchill Downs Incorporated (CDI) has named Sam Ullrich as the company’s new Vice President of Investor Relations. In this role, Ullrich will be responsible for all aspects of investor relations and work closely with current and prospective shareholders and analysts. He will report to Marcia Dall, Executive Vice President and Chief Financial Officer for CDI.
According to a new report issued by multiple Singapore agencies, the country’s casino industry has been named as one of four sectors deemed at medium-high risk of being exploited for environmental crime money laundering. On Wednesday, the “Environmental Crimes Money Laundering National Risk Assessment” was published by the Ministry of Home Affairs, the Monetary Authority