Ciarán Carruthers, the CEO of Crown Resorts, will step down at the end of the year after two years in the role. His departure comes at a time when the company has regained regulatory approval and shown signs of financial improvement. Carruthers, who hails from Ireland and began his career as a casino dealer in
Month: August 2024
Vietnam has extended the trial period allowing local citizens to gamble at select casinos until December 31, 2024, as part of its efforts to assess the impact of legalized gambling for locals. Initially implemented at the Phu Quoc casino, the trial has faced financial challenges but continues to attract significant domestic interest. The Phu Quoc
A lawsuit filed Wednesday in Missouri’s Cole County Circuit Court seeks to block a proposed constitutional amendment legalizing sports wagering from appearing on the November ballot, arguing that the signature certification process was unconstitutional. The lawsuit claims that the Missouri Secretary of State’s office did not use the correct congressional district boundaries when certifying the
Aug 26, 2024 4 min read As it celebrates 20 years of the European Poker Tour (EPT) in Barcelona, PokerStars announced several rule and procedure changes to maintain game integrity, including new rules banning solvers and preflop charts for players and spectators alike. Kenny Hallaert, a longtime tournament official who recently signed on as a
Vermont’s newly legalized sports betting market has exceeded financial expectations, generating $3.5 million in revenue for the state during its first six months of operation, according to a recent announcement by the Vermont Department of Liquor and Lottery. This figure significantly outpaces the $2 million forecasted by the state’s fiscal analysts when the betting law
Kenya’s betting industry has seen a notable reduction in the number of licensed betting firms this year, with 10 firms exiting the market since January. The Betting Control and Licensing Board (BCLB) now lists 118 licensed betting firms, down from 128 at the beginning of the year. This decline may indicate that some firms have had
Aug 26, 2024 5 min read The machines of Manchester once powered the British Industrial Revolution, its factories and smoke stacks serving as the image of a history-changing era. Stephen Barnes worked like a tremendous machine today, moving with quick efficiency to dominate the final table of the £1,100 888poker Live Manchester Main Event. Barnes
After an early projected revenue of $23 million, Kentucky cashed out over $37 million in taxes and licensing fees from the state’s first nine months of legal sports betting, from September 7th, 2023, to June 30th, 2024. “It far exceeded what any of us thought it would do,” said Jamie Eads, President and CEO of
The Board of Directors of Coljuegos, the regulatory entity of games of chance in Colombia, issued Agreement 07 of 2024, through which the regulation of the new type of game Keno is defined. The entry into operation of this new game is expected to transfer approximately COP 485.000 million ($121 million) for health in the next
Resorts Casino Hotel has claimed 23 awards in Casino Player Magazine’s 2024 “Best of Gaming” awards in the Atlantic City category. The historic casino secured top honors in several categories, including “Best Hosts,” “Best Slot Tournaments,” “Best Sportsbook Promotions,” “Favorite Casino Resort for a Staycation,” “Best Betting Options,” “Best Carnival Games,” “Best Comps,” “Best Keno,”
Aug 26, 2024 4 min read The latest series of The Big Game on Tour has reached its conclusion, with Loose Cannon Lily Newhouse battling it out over the course of 150 hands against tough opposition to see if she could play with some of the world’s best. If you haven’t seen how she got
Aug 26, 2024 3 min read Action has concluded in the $550 PSPC Event #1 at the Pennsylvania State Poker Championship. Luke Rothschild has emerged from the pack victorious with a career-high $47,474 score. The seven Day 1 starting flights saw a total of 890 entrants, 113 players made it to Day 2 and secured
More ways to listen Apple Podcasts Spotify RSS Feed Download Share on Facebook Share on Twitter Share via Email Labor is resisting calls from a Senate inquiry and health experts for a total ban on gambling advertisements. Tamsin Rose speaks to Sydney mum Bronwyn, whose son started problem gambling at 17, and Guardian Australia’s medical
Ciarán Carruthers, the Chief Executive Officer of Crown Resorts, has decided to step down from his role at the Blackstone-owned casino conglomerate by the end of this year. Carruthers’ departure marks the end of a notably tumultuous two-year tenure characterized by considerable operational challenges and a slowdown in customer revenue. During his leadership, Carruthers was
Senator Irajá Silvestre (PSD-TO), rapporteur and main coordinator of the bill to legalize casinos, bingos, and gambling in Brazil (PL 2.234/22), believes that there are already enough votes to approve the matter in the Senate plenary. “I am convinced and confident that we have enough votes to pass this bill because it is important for
New York’s mobile sportsbooks reported $36.2 million in gross revenue for the week ending August 18, according to data from the New York Gaming Commission. The eight digital sportsbooks bounced back with a 12.1% win rate on $300.2 million in handle, a recovery after weeks of lower win rates of 6.8% and 8% for the
On August 26, Paul Gauselmann, the founder of Merkur Group, celebrated his 90th birthday. Gauselmann, a vending machine magnate, corporate leader, and philanthropist, continues to play an active role in the company he founded in 1957, demonstrating a commitment to both business success and social responsibility. Gauselmann’s journey from humble beginnings in post-war Germany to overseeing
Payment solutions provider OKTO has announced a partnership with lottery company Sazka, a market leader in the Point of Sale (POS) network in the Czech Republic. OKTO says that this collaboration signifies its entrance into the Czech market, “solidifying its reputation as an innovator in gaming payment solutions.” OKTO.CASH, the company’s cash-to-digital payment service tailored
Worldwide, almost half of all gamers are women. However, a lack of representation in esports teams and opportunities looms, with barriers still in place surrounding the term “gamer.” For this reason, in a bid to drive inclusion and visibility in the gaming community, online esports betting platform Thunderpick has expanded its partnership with the*gameHERS, a
A Massachusetts court has rejected DraftKings’ attempt to dismiss a class action lawsuit, paving the way for the case to proceed. The lawsuit, filed by the Public Health Advocacy Institute (PHAI), accuses the Boston-based sports betting company of deceptive marketing practices related to a sign-up offer. This legal battle highlights the ongoing scrutiny of promotional