Nova Rainier - Casino News Press

Hana Financial Stumps Up $7.3M to Prevent Youth Gambling Addiction

NewsAugust 12, 2024199Views 0Likes 0Comments

In a significant move to combat youth gambling addiction, Hana Financial Group has announced a substantial investment of $7.3 million. This initiative, in collaboration with the Korea Problem Gambling Agency and supported by various governmental bodies, aims to prevent gambling among teenagers and provide treatment for those already affected. The three-year campaign will include educational…

Illinois Sportsbooks Post Record $95 Million in June Revenue

NewsAugust 12, 2024213Views 0Likes 0Comments

In June, Illinois sportsbooks achieved a significant milestone by posting an adjusted gross revenue of $95 million. This impressive figure was bolstered by a substantial adjustment of over $9.1 million to DraftKings’ online winnings. The total handle for the month was just shy of $848 million, marking a 27.4% increase from June 2023. This achievement…

Swintt Egypt King Obelisk Quest slot game

Swintt Expands Slot Portfolio with Egypt King Obelisk Quest

NewsAugust 8, 2024202Views 0Likes 0Comments

Swintt, a leading provider of online casino games, has announced the expansion of its slot portfolio with the release of Egypt King Obelisk Quest. This new game, part of the SwinttPremium range, invites players on an adventure to a long-forgotten temple filled with treasures. Featuring an ancient Egyptian theme, the slot offers a variety of…

Red Rock Resorts Ventures into Tavern Business with Regulatory Approval

NewsAugust 8, 2024292Views 0Likes 0Comments

Red Rock Resorts has received the green light from Nevada gaming regulators to expand into the tavern business. This strategic move will see the company opening multiple taverns across North Las Vegas, marking a significant diversification from its traditional casino operations. The Nevada Gaming Control Board’s recommendation, pending final approval from the Nevada Gaming Commission,…

Venetian Owners Set to Receive $550 Million Distribution

NewsAugust 8, 2024251Views 0Likes 0Comments

The owners of the Venetian on the Las Vegas Strip are poised to receive a substantial $550 million distribution. This decision follows a positive recommendation from the Nevada Gaming Control Board and awaits final approval from the Nevada Gaming Commission. The distribution is set to benefit Apollo Global Management and its investors, who have significantly…

Nebraska’s Online Sports Betting Expansion Faces Opposition

NewsAugust 7, 2024214Views 0Likes 0Comments

Nebraska’s proposed expansion of online sports betting has encountered significant opposition from prominent figures and organizations within the state. The debate centers around a bill introduced during a special legislative session aimed at authorizing mobile sports wagering. Opponents, including former Nebraska football coach Tom Osborne and other conservative leaders, argue that the expansion could lead…

Wynn Resorts Eyes Global Expansion with New Projects in Las Vegas, UAE, and Thailand

NewsAugust 7, 2024374Views 0Likes 0Comments

Wynn Resorts is setting its sights on significant growth opportunities across the globe, with new developments in Las Vegas, the United Arab Emirates (UAE), and Thailand. The company, known for its luxurious casino resorts, is leveraging its expertise to tap into emerging markets and expand its footprint. During a recent earnings call, Wynn executives highlighted…

iGaming Ontario Partners with IC360 and IXUP for Groundbreaking Self-Exclusion System

NewsAugust 6, 2024288Views 0Likes 0Comments

iGaming Ontario has announced a significant partnership with Integrity Compliance 360 (IC360) and IXUP to develop a centralized self-exclusion system. This initiative aims to enhance player protection by allowing individuals to self-exclude from all regulated iGaming sites in Ontario. The collaboration leverages IC360’s expertise in betting integrity and IXUP’s success with Australia’s BetStop, promising a…

Gaming Sector Faces Significant Losses Amid Stock Market Tumble

NewsAugust 6, 2024279Views 0Likes 0Comments

The gaming industry was not spared from the recent stock market turmoil, which saw a dramatic decline of over 1,000 points on the New York Stock Exchange. This marked the worst day for the market since 2022, with the Dow Jones Industrial Average falling by 2.6 percent and the Nasdaq dropping by 3.4 percent. Major…

Caesars Entertainment Celebrates Record-Breaking World Series of Poker and Strong Las Vegas Performance

FEATUREDJuly 31, 2024249Views 0Likes 0Comments

Caesars Entertainment has announced a record-breaking financial performance for the World Series of Poker (WSOP) and a robust outlook for its Las Vegas operations. The company reported that the WSOP, held at Paris Las Vegas, generated unprecedented revenue, filling rooms and attracting a significant number of gamblers. Caesars’ CEO, Tom Reeg, highlighted the positive impact…