Singapore authorities have described the threat of money laundering activity taking place through the nation’s land-based casinos as “moderately high” but said the nature of gaming means the casinos are likely seen…
Star Entertainment Group flags further decline in premium gaming revenues
Australia’s Star Entertainment Group said Monday that it expects to report a 3.3% year-on-year and 4.3% quarter-on-quarter decline in group-wide revenue for the three months to 30 June 2024, impacted by further…
Dennis Uy’s PH Resorts Group says still on track to complete sale of Emerald Bay to Okada Manila operator in July
PH Resorts Group, the gaming and leisure brand of Philippines businessman Dennis Uy, has refuted reports that a deal with Okada Manila operator Tiger Resort, Leisure and Entertainment Inc (TRLEI) to sell…
Gambling Raids Take Place in San Diego, Michigan
A search of a San Diego, Calif. residence on Thursday revealed about two dozen gambling machines and $4,700. Cops also seized suspected drugs and drug paraphernalia. Nine people were gambling inside the…
Penn Brings More Headaches Than Perks to Boyd, Scant ESPN Interest, Say Analysts
Shares of Penn Entertainment (NASDAQ: PENN) were pointed lower late Friday after sell-side analysts revealed diverging views on the likelihood of Boyd Gaming (NYSE: BYD) acquiring the regional casino operator. Speculation about…
Brazil Commission Approves Casino and Bingo Bill Amid Ongoing Reforms
In addition to permitting land-based gaming, the legislative measure would ease up the rules on bingo gaming and jogo do bicho Brazil continues to reform its gambling framework amid efforts to expand…
UK PM Outraged at Insider Betting Allegations
This ongoing scandal represents another twist in the ongoing UK General Election political campaign just a couple of weeks before the 4 July election Prime Minister Rishi Sunak has expressed outrage over…
Aussie Slot Collector Proposes Law Change after Charges, Fine
The collector of video and arcade machines was hit with a fine and charges under Queensland’s 1991 Gaming Machine Act A vintage arcades and video games collector in Queensland, Australia, became the…
Lucky UK LottoGo.com Player Wins Whopping £6 Million Jackpot
The incredibly lucky player won the staggering jackpot from the El Gordo de la Primitiva Spanish lottery What’s more exciting than winning a multi-million-dollar jackpot? Undoubtedly, it would be winning the jackpot…
Catena Media Expects Q2 Revenue Drop Because of Google Changes
Catena Media has released its Q2 earnings update after its preliminary financial results for May, projecting a 20% drop in revenue because of Google’s most recent changes At the start of May,…