Marina Bay Sands, the iconic integrated resort in Singapore, is planning to secure a $9 billion loan to finance its ambitious expansion project. If successful, this will be the largest syndicated loan ever recorded in Singapore, reflecting the resort’s vision to elevate its offerings to new heights. The loan facility, coordinated by DBS Group Holdings,
Casino News
Step into the fantastical world of Emberfall, a Slotmill creation, where each spin on the 6×6 grid could lead to sizzling payouts and an exhilarating Scatter Pays experience. This vibrant slot game, set against a backdrop of molten symbols and glowing embers, offers players not only a visual feast but also the chance to win big through
The genesis of Singapore’s most significant money laundering investigation occurred following multiple raids on August 15, 2023, targeting individuals involved in scams and extensive online gambling operations. These raids not only disrupted well-orchestrated schemes but also led to the seizure of high-value assets including luxury cars, high-end real estate, and expensive personal items like jewelry and watches. The
In a landmark decision, Lithuania’s parliament has passed stringent measures to regulate gambling advertising, aiming to significantly reduce problem gambling across the nation. Set to take full effect in July 2025, these regulations represent a critical step toward a more responsible and controlled gambling environment. Detailed overview of the new regulations: According to LRT (Lithuanian National Radio and Television),
New Jersey’s online gambling sector achieved a significant milestone in October 2024, with revenues reaching an all-time high of $213.6 million. This figure surpasses the previous record of $208 million set in September and highlights a continuing shift toward digital gaming over traditional in-person casino activities. Internet Gambling Outpaces Brick-and-Mortar Casinos The New Jersey Division
Wind Creek Hospitality, the gaming and hospitality arm of the Poarch Band of Creek Indians, has announced its acquisition of the Birmingham Racecourse and Casino. The deal, expected to close by early 2025, positions Wind Creek to revamp the venue into a premier entertainment hub for the Southeastern United States. Located in Alabama, the Birmingham
Virgin Hotels Las Vegas faces ongoing labor tensions as Culinary Local 226 members persist in their strike, now entering its fourth day with no forthcoming negotiations. The strike, which began last Friday, on November 15th, involves approximately 700 hospitality workers demanding significant wage increases under a new five-year contract. Unresolved contract negotiations impacting hotel operations: The lack of
Flutter Entertainment, a leading name in the global gambling sector, has announced a significant restructuring of its organizational design to better position the company for future growth. This strategic shift introduces a simplified, two-division model designed to enhance operational efficiency and drive expansion. New divisional structure and leadership appointments: At the core of this restructuring is the formation of
In a significant regulatory update, Google has revised its “Gambling and other games” advertising policy in Germany. This amendment, orchestrated in collaboration with Germany’s Joint Gambling Authority (GGL), stipulates that only licensed organizers and intermediaries are permitted to advertise on Google Ads. The updated policy explicitly excludes comparison websites that consolidate offers from multiple gambling providers, aiming to tighten the
Billionaire Tilman Fertitta has significantly increased his stake in Wynn Resorts, now owning 9.9% of the casino operator, according to a recent filing with the U.S. Securities and Exchange Commission. This move makes Fertitta, CEO of Landry’s and owner of the Golden Nugget casinos, the largest individual shareholder in the $10 billion company, surpassing Wynn
DigiPlus Interactive Corp., a prominent name in the Philippines’ gaming and leisure industry, has officially refuted recent reports suggesting it is on the brink of acquiring CasinoPlus. In a statement submitted to the Philippine Stock Exchange on Monday, the company clarified that while acquisitions align with its long-term strategic growth, “there are no definitive plans at this time” to pursue
Award-winning slots developer AvatarUX has taken its innovation a step further with the launch of its new gaming vertical, Instaplay. The debut title, Majestic Meow, offers a fast-paced, dice-rolling game designed to captivate players seeking quick yet engaging gameplay experiences. This marks a significant expansion for AvatarUX, known for its creative slot products, as it ventures into new
Greentube, the digital gaming and entertainment division of NOVOMATIC, continues to strengthen its footprint in North America with its recent launch in Connecticut. Following its licensing approval in February 2023, Greentube has made its games available to players in the state. The expansion marks a significant milestone in the company’s strategy to solidify its presence in regulated
The Thai government is pushing forward with plans to legalize casinos through an entertainment complex bill, with officials optimistic about its approval by mid-2025. Secretary-General Prommin Lertsuridej, cited by Inside Asian Gaming, revealed that the legislation is expected to pass through both chambers of parliament next year. “The law should be passed in six months
Wildz has announced its highly anticipated entry into the Counter-Strike 2 (CS2) esports scene with the inaugural Wildz Invitational tournament set for December 2024. In collaboration with Alliance and Challengermode, this event promises an exciting competition for European teams and boasts an impressive prize pool of €25,000. Wildz debuts Counter-Strike 2 Invitational tournament: According to European Gaming, Nathan Bonello, Esports Specialist
In the week leading up to the recent US election, Australia’s major online gambling operators significantly increased their advertising spending, focusing on novelty bets that captured public intrigue. Operators like TAB, Ladbrokes, Sportsbet, and Neds spent a combined total of approximately $240,000 on Facebook advertisements. These ads featured bets on various aspects of the US election, ranging from the likelihood of Donald Trump
President Luiz Inácio Lula da Silva has expressed his support for restricting certain types of sports betting in Brazil. During an interview with Rede TV, cited by SoloAzar, Lula endorsed Senator Jorge Kajuru’s proposal to prohibit betting on in-game events such as yellow and red cards, corner kicks, and penalties. The initiative aims to limit
Bragg Gaming Group, a leading provider of B2B iGaming technology content, announced unprecedented earnings for the third quarter of 2024, setting new financial records. Financial overview and key achievements: In the third quarter of 2024, Bragg reported a significant revenue increase to €26.2 million, up by 15.9% from €22.6 million in the same quarter of the previous
The highly anticipated $1.1 billion hotel and casino project in Manila’s Entertainment City by Suntrust Resort Holdings, a subsidiary of LET Group, has been pushed back to the fourth quarter of 2025. Initially targeting a late 2024 debut, the project had already been rescheduled for 2025, but the company’s latest quarterly report provides a more
As tension mounts, over 700 hospitality workers at Virgin Las Vegas have commenced an open-ended strike. This significant labor action, marking the second strike this year, comes as negotiations with Virgin Hotels falter over the terms of a new multi-year agreement. The strike began early Friday morning, with union members calling for fair wages and contract terms. Strike ignites amid