Mohegan Gaming & Entertainment, the United States-based operator of the Mohegan Inspire Entertainment Resort in South Korea, is grappling with mounting financial pressures and litigation. The company’s latest financial disclosures reveal concerns over its ability to meet debt obligations and ongoing disputes with its general contractor. In its annual report and results for the fiscal
Month: January 2025
Online sports betting in New York surged to a $526.4 million handle for the week ending Dec. 22, driven by the NFL playoff race and college football action, according to the New York Gaming Commission. This marks a 17.6% increase from the previous week and the second-highest handle recorded in December. Wagering activity also
The SOFTSWISS Game Aggregator secured Brazilian certification in late December, becoming “one of the first” to achieve this milestone ahead of the market launch. Regulatory rules for iGaming came into effect in Brazil on 1 January 2025. According to these rules, platforms, aggregators, sportsbooks, and providers must undergo certification. Companies aiming to provide their services in
Despite speculation and rumors to the contrary, it appears that financing for the new Vegas baseball stadium is a done deal. Documents submitted to the Las Vegas Stadium Authority seem to confirm that the financing for the A’s ballpark on the former Tropicana site is fully secured, with the total costs rising from $1.5 billion
Macau’s casino industry demonstrated significant recovery in 2024, with gross gaming revenue (GGR) reaching MOP226.78 billion (US$28.34 billion), a 23.9% increase from the previous year. This growth reflects the city’s ongoing rebound from the COVID-19 pandemic, aided by the reopening of international borders in early 2023. Despite a strong year overall, December posted a 2%
Obtaining a Curacao gaming license offers numerous advantages, making it an ideal choice for startups and established online casinos. In this article, iGaming consultant Ron Mendelson, Fast Offshore, explores those advantages. The online casino industry is thriving, with millions of players seeking entertainment and gaming opportunities worldwide. However, choosing the proper gaming license is crucial
The potential legalization of sports betting is set to get early attention at the Minnesota capitol in 2025, with state lawmakers preparing to discuss the issue this month. While the legislative session starts January 14, Senator John Marty is set to hold an informational hearing on online betting the week before. The hearing is set
Uplatform has announced a new partnership with Amusnet. Through this collaboration, Amusnet’s collection of games will be integrated into Uplatform’s Casino Aggregator, empowering operators worldwide to offer them to their players. With this partnership, Uplatform is set to expand Amusnet’s reach in the iGaming space. Elena Naumova, Sales Manager at Amusnet, expressed her enthusiasm about
2024 has come to an end and 2025 dawns on the gaming industry with great expectations. In its latest article, online casino solution developer and game aggregator Slotegrator shares an overview of the year 2024 and the milestones the company achieved during it. 2024 was a great year for Slotegrator. The company launched 250+ projects, expanded its
Casino revenues in Macau surged by nearly a quarter in 2024, driven by post-pandemic recovery and a pivot toward mass-market gamblers. However, revenues fell short of pre-pandemic levels, underscoring the city’s economic reliance on casinos and the need for diversification. The city’s gross gaming revenue (GGR) reached 226.8 billion patacas ($28.35 billion) last year, a
Jan 02, 2025 4 min read Table Of Contents The 2025 Grosvenor UK Poker Tour (GUKPT) explodes into action on January 8 when the first of 12 scheduled stops shuffles up and deals at the Grosvenor G Casino in Coventry. If the 2024 edition of GUKPT Coventry is anything to base judgment on, the 2025
Mohegan Gaming & Entertainment has released its financial outcomes for the fourth quarter and fiscal year ending September 30, 2024, highlighting strong revenue growth while grappling with substantial liquidity and debt challenges. The company has achieved record-breaking net revenues but also faces critical hurdles tied to its South Korean project and upcoming debt maturities. The
Jan 02, 2025 4 min read Table Of Contents In December, 888poker lifted the lid on the schedule for its live event offerings in 2025, and the first of those stops is almost upon us. The Gran Via Casino in Madrid is finalizing preparations for the 2025 888poker LIVE Madrid festival. The venue will be
Brazil’s Ministry of Finance has released an official list of licensed operators for fixed-odds sports betting and online gaming, effective January 1, 2025. The Prizes and Betting Secretariat (SPA) outlined that the authorization process included 15 definitive licenses valid through 2029 and 66 provisional ones requiring compliance adjustments within a 30-day timeframe. The newly published
The MLB Players Inc. (MLBPI), a subsidiary of the MLB Players Association, has contested claims by DraftKings and bet365 that their use of baseball player likenesses falls under the protections of freedom of speech and the press. The lawsuit, filed in the Eastern District of Pennsylvania, accuses the operators of unauthorized usage of player images
MGM Resorts have officially opened the recently rebranded W Las Vegas, transitioning the iconic tower at Mandalay Bay from the Delano into part of the globally recognized W Hotels brand. Marriott Bonvoy members can now book stays, as well as earn and redeem points, at this latest vibrant destination. The introduction of W Las Vegas
Jan 01, 2025 3 min read Table Of Contents If your goal for 2025 is to elevate your poker tournament results, mastering the Independent Chip Model (ICM) is essential. Understanding ICM can help you make smarter decisions at every stage of a tournament, maximizing your equity and minimizing costly mistakes. Stoyan Obreshkov and GTO Wizard
View image in fullscreen Consumers warned over offers of money to open betting accounts in their names UK specialists raise alarm over companies such as Moneyful promoting ‘easy money’ in exchange for personal details Consumers struggling to pay bills over the festive season have been urged not to sign up with companies that offer money
Dec 31, 2024 6 min read Table Of Contents You might be seeing in the New Year with a huge party, a few friends round for refreshments, or a quiet night playing poker – but one thing is for certain: you can start 2025 with a bang, guaranteed, thanks to the WSOP free poker app!
Dec 31, 2024 11 min read Table Of Contents As we look ahead to the New Year and the rewards that (hopefully) lie in store at your favorite online casinos, thoughts also turn to resolutions… So we’ll help you out with possibly the easiest resolution to stick to – finding the biggest and best no