Yea, we know. Everyone wants a specific date for the planned Tropicana implosion, but the truth is we can’t give you one. However, we do have enough information to narrow down the date to a specific time frame. And maybe, if we look at things logically, we can get pretty close to a specific day.
Industry
Bally Corporation, who purchased the Tropicana and agreed to provide land for the new Las Vegas baseball stadium, has agreed to a $4.6 billion buyout offer from their largest shareholder, Standard General. This massive move has some people asking if the change in leadership will have an impact on the deal already in place. A
Iowa’s 2025 legislative session could revive the debate surrounding the opening of new casinos in the state now that a provision blocking new gambling establishments has been lifted. Back in 2022, state lawmakers put a two-year moratorium on casinos, and the House tried to extend the block for another five years last session. However, it
Prime Minister Hun Manet has announced a ban on new casino developments in Cambodia’s Kep and Kampot provinces, with exceptions only for existing operations on Bokor Mountain. This decision aims to promote investment diversification in sectors such as tourism, manufacturing, and agriculture, and to enhance cultural and religious preservation, as well as maintain order in
French national lottery operator Française des Jeux (FDJ) has announced an increase in revenue for the first half of the year, driven by recent acquisitions and digital growth. The company reported a revenue of €1.4 billion ($1.51 billion) for the period, an 11% rise compared to the previous year. The acquisitions of Premier Lotteries Ireland
The Gaming Inspection and Coordination Bureau (DICJ) has intensified efforts to curb unlicensed junket activities following recent inspections at Macau casinos. The inspections uncovered evidence of unauthorized individuals engaging in junket operations, leading to investigations and potential enforcement actions, including banning violators from casino entry, the Macau Daily Times reported. Macau’s revised junket laws require
European Gaming and Betting Association (EGBA) secretary-general Martin Haijer has called on Iceland to rethink its monopoly-based gambling market and adopt an open licensing regime, similar to those in place in Denmark and Sweden. In an opinion piece published on the Icelandic news website Visir, Haijer highlighted the limitations of Iceland’s current system. Under the
July 2024 marks an important milestone for 1win Partners, as the affiliate program of bookmaker 1win celebrates its first anniversary in Latin America. During this first year of ‘challenges and success’, the company achieved significant growth in the online gaming industry. It has established strong relationships with more than 6,000 partners within countries such as
Control F5, a company that offers a set of solutions for the iGaming market, announced that it is the super sponsor of CGS Recife 2024, an event that will take place on August 29 and 30 in the capital of Pernambuco. The CGS Recife program includes a series of activities, such as specialized training, exclusive
A recent study by brokerage CLSA forecasts that a legalized casino market in Thailand could generate annual gross gaming revenues (GGR) of $15.1 billion, positioning it as the third largest globally. This projection is based on Thailand’s anticipated growth in tourism, particularly from China and India, and favorable regulatory conditions. The report, authored by analysts
SBC Summit Latinoamérica 2024’s organizers have confirmed a “Leaders Track” session will be held on October 30, the first day of the event. The session seeks to provide attendees with “insights and strategies” on the online gaming and sports betting industries in the region. The summit, to be held October 29-31 at the Seminole Hard
In his latest analysis, iGaming industry consultant Ron Mendelson, Fast Offshore, explores why Anjouan is emerging as the best option for iGaming operators compared to many other jurisdictions. Securing the right license is crucial for the success of operators and online gambling businesses in the iGaming sector. Among the various jurisdictions offering iGaming licenses, including
The Nevada Gaming Control Board (NGCB) has issued a cease-and-desist order to Canadian company Playgon Interactive Inc. and its affiliate Bitrate Productions, citing the production of live gaming content from Clark County without proper licensing. The companies have been producing blackjack, roulette and baccarat games with unlicensed live dealers for online casinos worldwide, Nevada regulators
Nebraska lawmakers have introduced legislation seeking to legalize sports betting in the state. Filed on Thursday, Sen. Eliot Bostar’s Legislative Bill 13 would amend the state constitution to allow racetrack operators to operate an online sports betting platform under the Nebraska Racetrack Gaming Act. Besides legalizing online wagering, the legislation would also repeal an existing
The Muscogee Nation and Muscogee Nation Gaming Enterprises have announced a $100 million capital investment for a new project called the Coweta Casino Hotel. It will be located on 17 acres at the southeast corner of East 131st Street South and State Highway 51 in Coweta, Oklahoma. The project is set to break ground in
The United Arab Emirates has awarded its first lottery license, a move that could pave the way for the eventual legalization of casinos and other forms of gaming in the country. The General Commercial Gaming Regulatory Authority (GCGRA) announced that The Game LLC will operate under the UAE Lottery banner. The Game LLC, a subsidiary of
iGaming and sports betting operator BetMGM, jointly owned by Entain and MGM Resorts International, announced its financial results for the first half of 2024, reporting a net revenue from operations of $1 billion, up 6% year-over-year (YoY). In Q2, the company saw a net revenue growth of 9% YoY, with online sports betting net gaming
Gaming content and technology provider Aristocrat Gaming will unveil its new titles at this year’s Australasian Gaming Expo (AGE), set to take place from 13th-15th August in Sydney. The provider will present its products and solutions at Stand 100. Additionally, this will be a debut for Aristocrat Interactive, which will participate in its first Asia Pacific
The Betting and Gaming Council (BGC) has expressed significant concerns about the UK Gambling Commission’s (UKGC) latest Gambling Survey for Great Britain (GSGB). The council argues that the findings may overstate gambling participation and related harms, raising questions about the survey’s reliability. The UKGC released its first annual GSGB report earlier this week, aiming to
The Londoner Macau’s casino will remain closed until at least December due to significant renovations, as revealed during Las Vegas Sands (LVS) recent second-quarter earnings call. The property has been undergoing a $1 billion upgrade since May, with completion targeted for the first half of 2025. The ongoing renovations have already impacted Sands’ financial performance,