Hard Rock International and its partner Gek Terna are being asked to put up another €120 million ($132.18 million) to keep their integrated resort project in Athens, Greece (l.) alive. They have already agreed to invest €250 million ($275.37 million).
India’s two houses of parliament almost unanimously and with due haste voted recently to pass the revised Goods and Services Tax. This will tax all forms of gambling, casinos, online gaming and horse racing at a uniform 28 percent.
Before the Supreme Court allowed any state the right to offer its citizens sports betting, there was fantasy sports. There are some who think the fantasy part was—and still is—sports betting dressed up.
A plan by the Philippine Amusement and Gaming Corp. to sell off its casino assets now has a new timeline, a little later than recently indicated. CEO Alejandro Tengco (l.) has shifted the date from 2024 to 2025.
The New South Wales government and Treasurer Daniel Mookhey (l.) have announced that the state’s previously proposed casino poker machine tax hike has been scrapped and reworked to make things more feasible for Star Entertainment, which couldn’t have accommodated the steep hikes that were set to take effect this summer.
A Virginia circuit court judge blocked a voter referendum on a casino in Richmond after a charitable group filed a motion to intervene, claiming the city violated state law by not taking bids from other developers, among other dissents.
The U.S. commercial gaming industry generated a record $16.07 billion in revenue during the second quarter of 2023, marking the industry’s 10th consecutive quarter of growth.
The government of Macau says it has the ongoing authority to change the investment requirements of the city’s Big 6 casino concessionaires as economic and market conditions demand.
Wynn Resorts expects that it will soon be issued a license to operate an integrated casino resort (l.) in the Northern Emirate of Ras Al Khaimah. This would be the first such casino resort in the United Arab Emirates.
Entain has reached an agreement with U.K.’s Crown Prosecution Service to pay £585 million over bribery charges stemming from its former Turkish sports betting firm Sportingbet. The alleged offenses occurred when Entain was known as GVC.
You could call it a David and Goliath battle. The former parimutuel, West Flagler Associates, still has options to play in a quest to stop the mighty Seminole Tribe from controlling sports betting throughout Florida.
ESPN BET will debut in the fall and since its announcement of its partnership with Penn Entertainment, the mobile sportsbook is facing ethical concerns.
Full House Resorts may have to delay construction of its permanent $400 million casino in Waukegan due to the Forest County Potawatomi Community’s revived lawsuit claiming the license selection process was a “sham.”
Second-quarter earnings are nearly complete, and there are trends to glean from just about all facets of the gaming industry. Ironically, some of the most attractive options are those whose performance has lagged of late.
Las Vegas may be the capital of U.S. gaming, but Atlantic City remains an extremely prized and lucrative market in its own right. Developers who bet big on its future, such as Tower Investments CEO Bart Blastein (l.), stand to reap the benefits.
Barring unforeseen circumstances, U.S.-based Mohegan Gaming still plans to debut Phase 1 of non-gaming attractions at its South Korea resort, Inspire, by the end of the year. CEO Ray Pineault says the timetable is firm.
The Payment and Clearing Association of China says it intercepted some 60,000 gambling attempts involving more than $277 million in 2022, as well as 54 companies accepting such transactions.
The U.K. Gambling Commission (UKGC) is warning that there has been a “significant increase in the misuse of statistics around gambling” to make arguments for or against specific gaming proposals. The warning was sent out as an open letter.
Italy’s Parliament has voted to revamp gambling laws as part of approving the “Tax Delegation Law.” The bill aims to reorganize tax duties and introduce “new player protection measures” that will “create a more transparent and accountable industry.”
The gaming company 888 has reached a £2.9 million settlement with the Gibraltar Gambling Commission. A subsidiary of 888 was found to have employed ineffective know your customer routines with Middle Eastern VIPs, among other violations.
In preparation for potential penalties from AUSTRAC, SkyCity Entertainment has recognized a AUD$45 million (US$29.2 million) civil penalty provision as well as a AUD$45.6 million (US$29.6 million) impairment to the casino license value of SkyCity Adelaide.
A recently formed committee dubbed the Independent Panel on Gaming Reform held its first meeting in Sydney to discuss the formation of a cashless gaming trial as well as other matters.
The Philippines gaming regulator is seeking the return of more than $17 million in monies it paid to the former auditor of the Philippine Offshore Gaming Operators (POGO) industry.
Four states, Maine, Kentucky, Vermont, and North Carolina, are readying to launch mobile sports betting in their states, which could begin as soon as next month.
A Kentucky woman who lost a mint with an illegal sportsbook has filed suit against the offshore companies involved. A class action suit. The class wants its losses returned. And a Kentucky law from the 1800s may help.
Australian bookmaker PlayUp has been kicked out of the only two states it was licensed in. Employees have not been paid in a timely fashion. Yet CEO Daniel Simic (l.) seems so optimistic.
When your name includes integrity that says a lot about expectations. U.S. Integrity is busy these days educating student athletes about how to avoid sports betting violations and the punishment they entail.
For several years, professional gambler Billy Walters and professional golfer Phil Mickelson (l.) were gambling partners. Walters just released a memoir in which he says Phil doesn’t gamble very well.
The end of the first phase of the bid process for three downstate casinos in New York could finally come to an end when the state answers the first round of applicant questions.
A New Mexico District Judge rejected Coronado Partner’s lawsuit against the state Racing Commission, which refuses to grant a sixth racino license. She sided with the commission due to state law, but called its actions “not commendable.”
Hard Rock Rocksino Deadwood (l.) recently opened in South Dakota. A smaller version of a typical Hard Rock venue, it offers 86 slots, a full-service restaurant, bar, Rock Shop and boutique hotel.
The gaming licenses of Detroit’s three casinos—MGM Grand Detroit, MotorCity Casino and Hollywood Casino at Greektown—were renewed for another year by the Michigan Gaming Control Board.
An informal group of Alabama House members is working on creating lottery and gambling legislation that could pass in 2024. Previous efforts to regulate the state’s “Wild West” of illegal gambling have been unsuccessful.
In a 6-1 vote, the Polson City, Montana commission approved annexing acreage for a 25,000-square-foot casino development to be operated by S&K Gaming and the Confederated Salish and Kootenai Tribes.
Margaritaville Resort Biloxi (l.), closed for nine years, was sold to Harry Mohney, owner of Dick’s Last Resort restaurants, Cat’s Meow karaoke bars and Déjà Vu, operator of more than 130 strip clubs throughout the U.S.
Top officials of the Seneca Nation have rejected a proposed new gaming compact with the state of New York, its president calling the new offer “absurd” and “insulting.”
A bill in the California Legislature, Senate Bill 549, replicates some language in Proposition 26, an initiative that the voters turned down last November. The bill would make it possible for gaming tribes to sue card clubs directly.
Gambling continues to expand in North Carolina as the Education Lottery Commission approves digital instant games. The legislature also is considering authorizing four “entertainment districts” including casinos.
Jaime Wilhelm (l.), chief executive officer of Pan-South American casino group Dreams SA, has resigned amid an investigation over antitrust and fraud allegations.
Macau’s Asia Pioneer Entertainment is working on a prototype that would bring artificial intelligence to the gaming floor. APE distributes electronic gaming equipment to global gaming companies.
