Finland’s gambling landscape is on the cusp of a major shift, as the government has approved reforms that will move certain gambling activities from a state monopoly to a competitive licensing model. Announced by the Economic Policy Committee on November 1, the reform includes adding horse racing betting to this competitive market, alongside online sports…
Wynn Resorts saw continued strength in the Las Vegas luxury market during the third quarter, with CEO Craig Billings reporting healthy demand across high-end offerings. Revenue from Wynn’s Las Vegas properties ticked up by 1%, with adjusted earnings holding steady against a tough comparison to the same quarter in 2023. Billings pointed to resilient demand…
Crown Resorts, Australia’s premier integrated resort operator, has announced the appointment of David Tsai as its Chief Executive Officer (CEO), marking a key step in its ongoing corporate transformation. The appointment, made official on November 1, follows a period of executive transition after the departure of former CEO Ciarán Carruthers earlier this year. With over…
Southwest Greensburg is set to begin construction on a much-needed public works facility, thanks to $1 million in state gambling revenue. The funds, sourced from the revenue generated by Live! Casino Pittsburgh, will enable the borough to build a new garage and salt shed, replacing an outdated structure dating back to 1965. This initiative highlights…
Las Vegas casinos are stepping up their game to reel in high rollers. These VIPs, who often wager mind-boggling sums, enjoy perks that make a Vegas casino trip feel more like a luxury retreat than just a night at the slots. From personal jets to exclusive tables, the city’s most famous casinos know how to…
Thailand is on the brink of a significant transformation in its tourism and entertainment landscape, with the draft law for legalizing casinos set to be presented to the cabinet by the end of 2024. Deputy Finance Minister Julapun Amornvivat confirmed that this legislation aims to regulate and establish casino resorts within the country, marking a…
Gaming & Leisure Properties Inc. (GLPI) recently held its third-quarter earnings call, which prominently featured a historic sale/leaseback transaction with the Ione Band of Miwok in California. This deal marks the first-ever agreement of its kind between a Native American tribe and a real estate investment trust (REIT), setting a significant precedent in the gaming…
A new legislative proposal in Brazil is stirring up conversations about the future of online gambling in the country. Senator Sérgio Petecão has introduced a bill aimed at banning online sports betting, citing serious concerns over mental health and financial risks. This move comes just months before the anticipated launch of a regulated online betting…
In a significant legal development, a federal judge has dismissed a lawsuit against Resorts World Las Vegas and its former president, Scott Sibella. The case, brought by a former patron, alleged that the casino allowed known felons to gamble and subsequently directed another player to harass him after he reported these concerns to management.
Details of…
Octoplay is making waves in the UK online gambling market with its latest collaboration with William Hill. This partnership marks a significant milestone for Octoplay, a developer known for its innovative gaming content, as it continues to broaden its reach in one of the most competitive jurisdictions in the world.
A Strategic Move in the Online…