WEEKLY FEATURE: Wynn Forfeits $130 Million in DoJ Settlement, Issues $800 Million Private Offering

It was a busy few days for Wynn Resorts—the company entered into a $130 million non-prosecution agreement with federal authorities for previous unlicensed transactions. Then days later it extended...

Published September 13, 2024

WEEKLY FEATURE: Philippine Ex-Mayor Alice Guo Arrested in Indonesia

Alice Guo, former Philippines mayor wanted in connection with crimes at an offshore gaming center, was apprehended Sept. 3 in Indonesia. Accused of involvement in crimes at an offshore...

Published September 6, 2024

WEEKLY FEATURE: Macau CE Will Not Seek Reelection; First Candidate Steps Up

Earlier this month, Macau Chief Executive Ho Iat Seng (l.) announced he would step aside in December due to health concerns. On Aug. 28, a former Macau judge declared...

Published August 30, 2024

WEEKLY FEATURE: Culinary, Venetian-Palazzo Reach Labor Deal

The Culinary Union has reached a tentative agreement on a new labor deal with the Venetian and Palazzo (l.). The resort held out for two decades against unionization efforts,...

Published August 23, 2024

WEEKLY FEATURE: DraftKings Had ‘No Excuse’ to Float Winners’ Surcharge Cash Grab

DraftKings caused quite a stir when it announced plans to implement a surcharge on winning bets in high-tax states. After intense scrutiny and a lack of support from peers,...

Published August 16, 2024

Alleged Orange County Illegal Bookie Laundered Money at California, Las Vegas Casinos

Mathew Bowyer, an illegal bookmaker from Orange County, California, laundered $18M through casinos, has over 700 customers, and faces up to 18 years in prison after agreeing to plead...

Published August 9, 2024

WEEKLY FEATURE: Congressional Bill to Repeal Excise Tax Filed

Lawmakers have again set their sights on the federal sports betting excise tax, as another bill has been filed to abolish the 0.25 percent levy.

Published August 2, 2024

WEEKLY FEATURE: Bally’s Accepts Standard General Buyout at $18.25 per Share

Standard General has bought out the remaining shares of Bally’s Corp. and will merge the operator with Queen Casino & Entertainment.

Published July 27, 2024

WEEKLY FEATURE: BetMGM, Caesars Go Live with Sports Betting in DC

After a false start, BetMGM and Caesars have joined FanDuel in offering mobile sports betting throughout Washington, DC.

Published July 20, 2024

WEEKLY FEATURE: AGA Announces ‘24 Gaming HoF Class

On July 10, the American Gaming Association (AGA) announced this year’s class of enshrinees for the Gaming Hall of Fame.

Published July 13, 2024

WEEKLY FEATURE: Brazil Tourism Minister Lobbies for Gambling Bill

Brazil’s tourism minister, Celso Sabino, is lining up Senators to vote for a bill he says will improve tourism and investment. Bill 2,234/2022 would legalize the operation of casinos,...

Published July 8, 2024

WEEKLY FEATURE: PM Sunak Under Pressure in U.K. Betting Scandal

The upcoming U.K. snap election is causing plenty of political fuss, but it’s also spawned a betting scandal that has become an increasingly large headache for Prime Minister Rishi...

Published July 1, 2024

WEEKLY FEATURE: Key Brazilian Senate Committee Moves Gambling Bill to Floor

A vote in a key committee of Brazil’s Senate moves a bill forward to the floor—one step closer to ending the casino ban that has existed since 1946 in...

Published June 24, 2024

WEEKLY FEATURE: Bally’s Chicago Posts Record Revenue in May

Bally’s Chicago (l.) posted a record $11.7 million in revenue in May, a 13 percent gain over April, plus a record 119,000 visitors at its temporary Medinah Temple location....

Published June 17, 2024

WEEKLY FEATURE: Amended NY Licensing Plan Proposed; Bally’s Faces Parkland Issue

A bill meant to accelerate the licensing process for New York’s three downstate casinos was amended to provide hard deadlines, but it may not help the chances of the...

Published June 10, 2024

WEEKLY FEATURE: Bloomberry Opens Second Solaire Resort

Solaire Resort North, Bloomberry Resorts’ new $1 billion casino complex, has opened in Quezon City, Philippines. Bloomberry CEO Enrique Razon says the resort will “elevate the entertainment experience” in...

Published June 3, 2024

WEEKLY FEATURE: Sportsbooks Forgo Massachusetts Gaming Roundtable

The Massachusetts Gaming Commission wanted to examine the way sportsbook operators deal with limits applied to customers. The regulator set a date for a roundtable discussion. All active operators...

Published May 27, 2024

WEEKLY FEATURE: Sibella Gets Probation, Fine for Role in Nix Gambling Case

Former MGM Resorts and Genting executive Scott Sibella (l.) was sentenced to 12 months probation and a fine of $9,500 last week, becoming the first figure to be sentenced...

Published May 13, 2024

WEEKLY FEATURE: BGC Launches Voluntary Code on Casino Financial Checks

Anticipating new U.K. government requirements on financial checks, the Betting and Gaming Council (BGC) is adopting a voluntary code. It will be an interim measure until government mandated checks...

Published May 6, 2024

WEEKLY FEATURE: County Approves Tropicana Demolition, Implosion Coming This Year

Las Vegas is a city of constant evolution and transformation, and the next example will be the demolition of the longstanding Tropicana (l.) to make way for a new...

Published April 29, 2024