Penn National Rebrands as Penn Entertainment

Penn National Gaming is rebranding as PENN Entertainment after announcing mixed results for the second quarter that highlighted a significant drop in net income.

Published August 15, 2022

FanDuel Canada Plans To Get More Women To Bet Sports

As Canada’s regulated sports betting industry continues to grow, FanDuel is investing in the rising demographic of female sports bettors. The company features numerous female executives, including CEO Amy...

Published August 15, 2022

Cambodian Governor Targets ‘Rogue’ Casinos

Kuoch Chamroeun (l.), provincial governor of Preah Sihanouk in Cambodia, says he will suspend the licenses of casinos involved in crime, and also bring charges against their owners.

Published August 15, 2022

Okada Manila Boards Battle Over Access to Funds, Son of Okada

The competing boards of Okada Manila in the Philippines continue to argue about access to casino funds. The ousted board has demanded that the Kazuo Okada-led board stop dipping...

Published August 15, 2022

Abrams Supports Expanded Gambling for Georgia

Georgia Democratic gubernatorial candidate Stacey Abrams (l.). is adamant that the state needs to legalize casino gambling and sports betting to generate revenue for the HOPE scholarship program and...

Published August 15, 2022

Caesars Adds Tribal Partner, Breaks Ground in Virginia

Caesars Entertainment will now invest $650 million, not $500 million as previously announced, in Caesars Virginia in Danville, Virginia (l.), opening in 2024. It’s now a joint venture with...

Published August 15, 2022

WEEKLY FEATURE: Indian Gaming Revenue Breaks Record, Jumps 40 Percent

The National Indian Gaming Commission last week reported that tribal casino in the U.S. produced gross gaming revenues of $39 billion in 2021, a 13 percent increase over 2019,...

Published August 15, 2022

Inspired Makes $370 Million Offer for PlayAGS

Inspired Entertainment has made a $370 million cash offer to acquire slot manufacturer PlayAGS, per Reuters. Neither company has commented on the offer, but the market responded favorably, as...

Published August 15, 2022

U.K., U.S. Grapples With Problem Gambling Suicide

Sports betting has contributed to a rise in problem gambling. In severe cases, the problem gambling may lead to suicidal thoughts. Experts say operators are not doing enough to...

Published August 8, 2022

My Work is Done Here

Last year, Richard Schuetz criticized the East Coast Gaming Congress for presenting an 11 member panel of gaming CEOs—all men. This year, ECGC will present the same panel—this time...

Published August 8, 2022

A Month to Remember

For the first time this year, the American Association has expanded Responsible Gaming Education Week to a full month, with each week focusing on a different element of the...

Published August 8, 2022

GLOBAL GAMING BUSINESS PODCAST: Felicia Grondin, Executive Director, Council on Compulsive Gambling of New Jersey

This week, the GGB Podcast features a discussion with Felicia Grondin, the executive director of the Council on Compulsive Gambling of New Jersey, on how and why group allowed...

Published August 8, 2022

AGA Releases Updated Anti-Money Laundering Resources

The American Gaming Association has revised its anti-money laundering guide, this being the third edition of the resource. The last update came in 2019, but much has changed since,...

Published August 8, 2022

Billions Left on Table by States Without iGaming Report Says

A report commissioned by the games company Light & Wonder and produced by VIXIO GamblingCompliance says that states who are not considering legal iGaming are losing out on billion...

Published August 8, 2022

Saudi LIV Golf Draws Opposition to Wagers in Some States

The LIV Tour has had some hiccups in its quest to compete with the PGA Tour. When LIV stopped at Trump International in Bedminster N.J., the state, along with...

Published August 8, 2022

Caesars Won’t Pick Sides in California Sports Betting Campaign

Caesars Entertainment CEO Tom Reeg (l.) has announced that the company is remaining neutral in the election campaign raging over sports betting in California. Reeg said the company has...

Published August 8, 2022

Ukraine’s Gaming Industry Does its Part for the War

From the beginning of the Russia-Ukraine war, Ukraine’s gaming industry has devoted itself to supporting its country’s war effort. At the same time, it is fighting for a postwar...

Published August 8, 2022

Japan Silences Anti-Gaming Critics

The two prefectures—Osaka and Nagasaki—that are the likely winners of a Japanese casino license last week quashed opposition to the process last week, allowing the process to continue. Osaka...

Published August 8, 2022

Macau Re-Opens With Covid Restrictions Receding

While the over two-week lockdown period and partial reopening have badly impacted the casinos of Macau, a full reopening of the properties may not help with China’s zero-Covid policy...

Published August 8, 2022

Texans Spend $5 Billion Annually Gambling In Neighboring States

With limited legal gambling opportunities, Texans spend an estimated $5 billion annually at casinos in neighboring states. The next chance to legalize casino gambling will be the 88th legislative...

Published August 8, 2022