Author: newsnet5

Steady Growth in Macau’s Casino Industry Macau’s casino sector is showing significant signs of recovery, marked by increasing visitor numbers, enhancements in local infrastructure, and a dynamic entertainment scene that has captured investor interest. Over the past three months, casino-related stocks have experienced steady appreciation, fueled by strong gaming revenue results and numerous special events […]

Spreadex is standing firm against the UK Competition and Markets Authority’s scrutiny over its acquisition of Sporting Index’s consumer business. The company insists that the regulator’s proposed solutions are based on outdated views and do not reflect the current challenges of a market where many operators face extremely tight profit margins. A Challenging Market Environment […]

Introduction: Pueblo of Laguna’s Stance on Online Gambling The Pueblo of Laguna tribe in New Mexico has taken a firm stand against online gambling by becoming the first tribal member of the National Association Against iGaming. Although online casino gaming is not legalized in the state, local tribal casinos continue to face increasing competition from […]

Introduction to the Executive Director’s Advisory Board The International Gaming Institute (IGI) at the University of Nevada, Las Vegas (UNLV) has unveiled its inaugural Executive Director’s Advisory Board. This board aims to help develop a top-tier research, education, and innovation center dedicated to tackling challenges and setting new trends within the global gaming and gambling […]

Introduction to the Bally’s Takeover Plan for Star Entertainment Group Star Entertainment Group, the Australian casino operator facing several challenges, is once again in the spotlight as Bally’s Corporation from the United States pushes forward with its acquisition plans. Although shareholders have approved a vital funding injection of AU$300 million (approximately US$195 million) offered by […]

Background of the Arkansas Casino Dispute The Cherokee Nation is currently awaiting a significant court ruling that will shape the future of a casino project in Pope County, Arkansas, which has been delayed for years. Over a year ago, Cherokee Nation Entertainment (CNE), the gaming and hospitality division of the Cherokee Nation of Oklahoma, was […]

New Regulations for Alcohol in Hotel Rooms Clark County has implemented stricter measures to control access to alcohol within hotel rooms, particularly focusing on resort properties along the famous Las Vegas Strip. The unanimous decision aims to reduce instances of underage drinking in these establishments. Written Agreements Required from Guests Starting July 15, hotel guests […]

Introduction to the Proposed Legislation A New Jersey legislator has introduced a new bill aiming to restrict the rapidly expanding practice of microbetting in sports wagering. Assemblyman Dan Hutchison, a Democrat, proposed Bill A5971 to stop sportsbooks in the state from offering bets on very brief in-game events, such as individual plays or pitches that […]

Maybank’s Perspective on Online Gambling Prohibition in the Philippines Maybank, one of the country’s largest financial institutions, recently shared insights regarding the possible consequences of a total ban on online gambling in the Philippines. The bank emphasized the impact such a measure would have on the nation, local operators, and the broader business environment. Current […]

Former Tribal Chairman Pleads Guilty to Tax Fraud Cedric Cromwell, the former chairman of the Mashpee Wampanoag Tribe, has admitted guilt in federal court to four counts of filing false tax returns. This development brings further closure to a prolonged corruption investigation surrounding the tribe’s stalled casino venture in Taunton. Cromwell previously faced sentencing related […]