News

Strong Q4 Performance Amidst Vegas Challenges MGM Resorts International, a leading global name in casino and hospitality, announced its financial outcomes for the fourth quarter and full year of 2025. Despite some setbacks in Las Vegas, the company showcased impressive growth and remains confident about future prospects, especially with advancements on the Osaka resort project. […]

Genius Sports Announces Major Acquisition of Legend Genius Sports recently revealed its plan to acquire Legend, an international digital sports and gaming media network known for effectively monetizing viewer attention, in a significant $1.2 billion transaction. While the company welcomed this strategic expansion, the response among investors was noticeably more cautious. Investor Concerns Cast Doubt […]

Regulatory Crackdown on Sweepstakes Casinos in Illinois The Illinois Gaming Control Board and the Illinois Attorney General’s Office have taken decisive action against social sweepstakes casinos that have been operating under scrutiny for allegedly bypassing gambling and consumer protection laws. Recently, 65 companies received cease-and-desist letters, signaling a strong stance against these operations. Illinois Intensifies […]

The recently signed Defense Appropriations Act allocates $370 million to the U.S. Department of Defense’s Peer-Reviewed Medical Research Program (PRMRP). This funding supports scientific medical research projects relevant to military health, with a significant portion dedicated specifically to investigating gambling addiction among active service members and their families. Research Focus on Gambling Addiction Within the […]

Attorney General Launches Investigation on Missouri Video Lottery Terminals Missouri’s Attorney General, Catherine Hanaway, has announced a comprehensive investigation into the state’s video lottery terminals (VLTs). While she expressed openness to the possibility of legalizing these machines in the future, she emphasized that action will be taken to regulate them until any legalization occurs. Understanding […]

Global Health Professionals Unite to Combat Gambling Addiction The growing popularity of sports betting and online gambling has triggered a significant increase in addiction rates worldwide. In response, over 300 health professionals have come together to call on governments, regulatory bodies, and international organizations to confront what they describe as a crisis affecting many communities. […]

Overview of the Legal Dispute Investors have filed a lawsuit against the owners of Toca Madera, a steakhouse on the Las Vegas Strip, accusing them of misusing invested funds to support a lavish personal lifestyle. The lawsuit brings forward serious allegations including private securities fraud, breach of fiduciary duty, and a RICO charge. Named defendants […]

Background on the Incident A British Member of Parliament recently issued an apology for neglecting to declare hospitality benefits received several months ago. The issue came to light amidst discussions focusing on proposed changes to the UK tax system, specifically regarding aligning the tax rates on horse racing wagers with those in the broader gaming […]

Fatal Shooting at Bally’s Kansas City Casino Parking Lot Authorities in Kansas City are investigating a deadly shooting that occurred late Wednesday evening outside Bally’s Kansas City Casino. An 18-year-old man lost his life in this tragic event, and one individual has been taken into custody by the police. Police Respond to Shooting Incident At […]

Background of the InvestigationLaw enforcement agencies in the Greater Toronto Area have successfully dismantled several illegal gambling operations after conducting an extensive year-long investigation. This effort resulted in nine individuals facing charges and the confiscation of numerous assets.Details of Project ScalaThe investigation, known as Project Scala, was launched in early 2024 by the York Regional […]