Industry

Cherokee Nation Entertainment (CNE) has officially joined the race for the Pope County casino gaming license, submitting an application to the Arkansas Racing Commission on Wednesday. Alongside the application, CNE unveiled its project for the region – Legends Resort & Casino Arkansas. The proposed development entails an investment exceeding $300 million in Pope County. This
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Beijing is escalating its crackdown on illegal money exchange activities within Macau’s casino industry as part of a broader campaign to tackle illegal gambling and money laundering. China’s Ministry of Public Security held a high-level meeting to coordinate a nationwide crackdown on these illicit operations, Macau Daily Times reported, citing an article in the People’s Daily. The initiative aims to
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John Borghetti, former CEO of Virgin Australia, will become Crown Resorts’ new chairman effective July 1. Borghetti takes over from William McBeath, who will remain an independent non-executive director after serving as chairman since July 2022. Borghetti, who has been chairman of the Crown Sydney business since mid-2022, was appointed by Blackstone following its acquisition of Crown
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Gold Strike Casino Resort in Tunica formally celebrated Wednesday the opening of the Next Level Lounge powered by Aristocrat Gaming, billed as the property’s “newest gaming experience.” The casino says that the Next Level Lounge offers guests “an elevated experience, featuring the latest in modern electronic gaming options along with a freshly renovated aesthetic.” Located on
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From May 20 to 22, the 1st International Conference on Responsible Gambling and Gaming Addiction took place in Quezon City, Philippines. The meeting drew clinicians, psychologists, social workers, policymakers, academics, government officials, and gambling operators, who discussed strategies for promoting responsible gambling practices in the industry. Simon Vincze, Head of Sustainable & Safer Gambling at
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The Hellenic Gaming Commission reported that total turnover from legal gambling activities in Greece, including OPAP, lotteries, racecourse betting, online gambling, and casinos, reached €10.85 billion ($11.79 billion) in the first quarter of 2024, up from €9.51 billion ($10.33 billion) during the same period last year. Reformed turnover (TGR), which includes profits and bonuses reinvested
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Ed Craven and Bijan Tehrani, founders of Stake.com, have increased their ownership in Australian online bookmaker PointsBet. The duo announced to the Australia Securities Exchange (ASX) last Friday that they had increased their PointsBet holdings to 16 million shares, or over 5% of the outstanding shares of the bookmaker, Australian Financial Review reported. Their share stood at
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Provincial lawmaker Verónica Valverde presented a bill before the Legislature of Mendoza to implement a biometric authentication system in online gambling and thus avoid the access of minors in the province. In an interview with the local newspaper San Rafael, the deputy explained that the project “is a response to the complex situation” that exists
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iGaming content provider Pragmatic Play is doubling down on its Latin American expansion efforts through a strategic collaboration with Colombian operator FullReto. Pragmatic Play is enhancing its existing partnership with the operator, enriching FullReto’s gaming portfolio by incorporating a diverse range of Virtual Sports titles, complementing its existing catalog of over 300 Slots and Live Casino games.FullReto
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Major League Baseball has banned San Diego Padres infielder Tucupita Marcano for life for betting on the sport. Additionally, four other players received one-year suspensions for other gambling-related violations. None of the players are appealing their discipline.  MLB said Marcano placed 387 baseball bets totaling more than $150,000 in October 2022 and from last July through
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