Crown Resorts Appoints Borghetti as New Chairman

John Borghetti is the new chairman of Crown Resorts, replacing William McBeath. Borghetti, a longtime airline executive, will begin his tenure July 1.

Published June 10, 2024

North Carolina Tribal Casino Construction Starts

The Catawba Indian Nation broke ground on its permanent $700 million casino resort near Charlotte, N.C., at the site of its temporary facility. The project was delayed by a...

Published June 10, 2024

Will Illinois Tax Increase Send FanDuel, DraftKings Packing?

Of course, the sports betting tax hike in Illinois makes the two sportsbook leaders angry. Their talk about re-evaluating the state is nothing more than letting out some steam....

Published June 10, 2024

Most Minnesota Stakeholders Optimistic About Sports Betting

Minnesota lawmakers came really close to legalizing sports betting this past session. But the legislature, the tribes, charities, and racetracks seem positive for 2025. Well, not everyone. Some obstacles...

Published June 10, 2024

Ukraine Cracks Down on Illegal Gambling Sites

Ukraine, in an ongoing campaign to squash illegal and unregulated gambling, is targeting 433 illegal online operators. This is a team effort of the Ukrainian Gambling Commission and Security...

Published June 10, 2024

Kids Exposed to Fewer Gambling Ads in U.K.

The exposure of children 16 and under to gambling advertisements in the U.K. has declined precipitately in the years since 2010. That’s according to a study conducted by the...

Published June 10, 2024

U.K. General Election Leaves Gambling Ministry Vacant

Because of the impending snap election on July 4, the U.K. doesn’t currently have a gambling minister. Gambling Minister Stuart Andrew resigned in order to campaign for a parliamentary...

Published June 10, 2024

Brazil Media Giant: Monitoring Essential for Sports Betting

It is necessary to create trusted models for Brazil’s new sports betting sector to ensure consumer confidence. That’s the opinion of Globo, Brazil’s media giant, which called such supervision...

Published June 10, 2024

Alberta Mulls Ontario’s Model for Sports Betting

Alberta, Canada is looking at neighboring Ontario’s sports betting model, which includes a competitive market. Currently the province has a government-run monopoly called Play Alberta that isn’t very popular.

Published June 10, 2024

In Cambodia, Low Gaming Taxes Bring Mass Players

Lower taxes on GGR attract more mass players to Cambodia, says gaming commission advisor Daniel Li. Mass revenues are taxed at 7 percent, versus about 35 percent in Vietnam...

Published June 10, 2024

UEC May Seek Damages from Former CEO

Japanese conglomerate Universal Entertainment Corp. could file suit against former director, president, CEO and CIO Jun Fujimoto, who allegedly breached his fiduciary duties in a $43 million money transfer....

Published June 10, 2024

Executive Shakeup at Newport Philippines

In a surprise exit June 1, top executives at Newport World Resorts in Manila followed retiring CEO Kingson Sian out the door. On the same day, COO Hakan Dagtas...

Published June 10, 2024

Alabama Official Wants Gambling Special Session

Alabama legislators failed to pass a lottery and casino gambling but David Bronner at Retirement Systems of Alabama said he hopes Gov. Kay Ivey will call a special session...

Published June 10, 2024

Florida Casino Employees Arrested For Alleged Illegal Gaming

Port Charlotte, Fla. police arrested two suspects after an investigation found alleged illegal gambling on slot machines at two casinos. They had been tipped off that law enforcement was...

Published June 10, 2024

Louisiana Casino Is Latest To Move Ashore

The 30-year-old Treasure Chest in Kenner, Louisiana moved from a riverboat to a land-based $100 million facility (l.). The new venue offers a 48,000-square-foot casino, four restaurants and convention...

Published June 10, 2024

Investor Speculation Sends Caesars, Penn Soaring

Two of the biggest U.S. operators saw their stocks jump more than 15 percent due to investor speculation. For Caesars, that involved the potential reintroduction of Carl Icahn and...

Published June 10, 2024

Texas Senators Unlikely To Support Gambling Legislation

Texas’ Lt. Gov. Dan Patrick (l.) has stated he will not bring gambling legislation to the Senate floor unless a majority of Republican senators support it. He’s concerned casino...

Published June 10, 2024

Hard Rock Delays Opening of Permanent Bristol Casino

Bristol, VA bettors will have to wait a little longer for the city’s permanent casino, as Hard Rock officials announced last week that the property will host a full...

Published June 10, 2024

Macau Survey: Premium Mass a Hedge Against Soft Economy

A CSLA survey says 78 percent of Chinese premium mass gamblers plan to visit Macau at least twice over the next year, up from 57 percent in 2019. The...

Published June 3, 2024

Swedish Court Reduces Kindred’s Bonus Rule Penalty

The Kindred Group will now pay less of a penalty for 2020 violations of Sweden’s gambling bonus rules. Sweden’s Administrative Court of Appeal has lowered its penalties to SEK...

Published June 3, 2024