Newspapers Provide Cheap but Valuable Lesson for Gaming’s Stakeholders

Newspapers are an unfortunate example of how analog businesses struggle in a digital world, but the best among them have managed to adapt and thrive. The same will be true for the gaming industry and its continued evolution toward iGaming, argues industry veteran (and former newspaper journalist) Michael Pollock (l.).

Genting Malaysia Doubles Down on Empire Resorts

Genting Malaysia has announced it will invest $100 million in Empire Resorts, its money-losing subsidiary in New York. The funds will pay off some debt and provide working capital, but shareholders may disapprove.

Summit Ascent Board Members Quit to Protest Tigre Sale

Five directors of Hong Kong-listed Summit Ascent Holdings have resigned due to a plan to sell the company’s stake in Tigre de Cristal (l.) in Russia’s Primorye region. A Russian company will pay $116 million for the stake.

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NY Governor Excludes iGaming from Budget

New York Governor Kathy Hochul’s (l.) executive budget for 2025 excludes any projected revenue from online casino gaming, dealing a blow to iGaming legalization efforts.

Virginia Lawmakers Consider Petersburg

With Richmond out of consideration, state Senators Louise Lucas and Lashrecse Aird introduced a bill amending requirements for a casino host city to suit Petersburg and allow a voter referendum there this year.

Macau Horse Racing Nears the Finish Line

The Macau government has called a halt to horse racing in the Chinese SAR, agreeing with the Macau Jockey Club to terminate its contract. The deal, to take effect April 1, signals the end of a 40-year-old industry.

FANTINI’S FINANCE: Not This Time, Brutus

Caesars recently pre-announced that its fourth-quarter results would not match forecasts. However, instead of a death knell, the news actually caused the company’s stock to jump—funny how things work out.


LVS May Invest $4 Billion in Marina Bay Sands

The Las Vegas Sands Corp. may increase the budget to expand its Marina Bay Sands (l.) integrated resort in Singapore. According to Deutsche Bank, the total may come to $4 billion, up almost $1 billion from the original budget.

Macau Court Cuts Chan Prison Time

It was good news and bad news for Levo Chan (l.), former Macau junket boss. A Macau court reduced his prison sentence by a year and waived damages to city casino operators. But it also levied millions in new penalties.




Alabama House GOP Caucus Reviews Gambling Bill

Alabama state Rep. Andy Whitt (l.), who leads a lawmakers’ study group on gambling, is confident that a bill will surface this year. He said the comprehensive legislation would include a lottery, casinos, sports betting and a regulatory commission.

Judge Approves Missouri Casino Workers’ Settlement

A Missouri District Court Judge approved Missouri casino workers’ $5.5 million class action settlement against Penn National Gaming and two of its St. Louis casinos. Workers claimed they lost pay due to unlawful employment practices.


New Mexico Supreme Court Supports Tribal Sovereignty

The New Mexico Supreme Court ruled tribal courts have sovereignty over state courts in some personal injury and property damage cases at tribal casinos. The original case dated back to 2016 and involved a delivery person’s claim he was injured at a Pojoaque Pueblo casino.

Oklahoma Casino Computers Hacked

Computer systems at Indigo Sky Casino in Tulsa were hacked on December 1, but officials quickly secured the network, notified law enforcement and hired a forensic security firm. No customer financial information was involved.



Dugher Appointed Chairman of BGC

Michael Dugher (l.) has been appointed as the next chair of the Betting and Gaming Council, replacing Brigid Simmonds, who will step down from the role in April.

Gabelica Hired As EveryMatrix Head Of Lottery

EveryMatrix has hired Nikolina Gabelica (l.), former executive director at the Croatian Lottery, as head of lottery. Gabelica will oversee commercial and product strategy for World Lottery and European Lottery Association businesses around the globe.





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