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Author page: Jack Fortune

casinos in the United States

“2024: A Year to Forget” for Regional Casino Operators, Says Analyst

Deutsche Bank analyst Carlo Santarelli’s blunt assessment of 2024 paints a challenging picture for regional casino operators. With flat revenues, rising expenses, and a lack of compelling investment opportunities, the sector is struggling to keep pace. While 2025 holds some promise, significant hurdles remain. Flat Revenues and Mounting Expenses Define 2024 For many regional casino operators,…

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Star Entertainment logo or Australian casino night

JPMorgan Pulls Out of Australian Casino Giant Star Entertainment

JPMorgan Chase has officially stepped away from its stake in Australian casino operator Star Entertainment. According to a filing on Monday, the financial powerhouse has ceased to be a shareholder, marking another blow to the beleaguered gambling company. Star Entertainment, once a leading name in the Australian casino landscape, has faced increasing challenges that have shaken…

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corona resort and casino phu quoc

Vietnam’s Corona Casino Halts Locals’ Access Starting January 1

Vietnam’s Corona Resort & Casino in Phu Quoc will temporarily stop allowing Vietnamese citizens to gamble at its casino from January 1, citing compliance with recent regulatory changes. The announcement, made on the resort's official website, marks a significant shift in the country’s locals-play pilot programme. A Regulatory Adjustment Prompts the Change The move comes in…

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Macau casino skyline at night

2024: China Stays Firm on Overseas Gambling Ban, Focuses on Macau’s Casino Industry

China’s unwavering stance on banning its citizens from participating in overseas gambling continued to shape the casino landscape across Asia in 2024. This year marked the 25th anniversary of Macau's return to Chinese administration, coinciding with a visit from President Xi Jinping, who reiterated Beijing’s commitment to Macau's legal gambling monopoly. Meanwhile, China's crackdown on…

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Miccosukee Casino grand opening ribbon cutting

Florida’s Miccosukee Casino Debuts New High Limit Slots and VIP Lounge

Miccosukee Casino & Resort has unveiled a sophisticated new addition to its entertainment offerings: the High Limit Slots & VIP Lounge. The ribbon-cutting ceremony marked the official launch of the 4,800-square-foot space, designed to cater to premium gaming enthusiasts. A Space Built for Exclusivity The High Limit Slots & VIP Lounge spans an impressive 4,800 square…

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sports betting app with credit card

The Case for Safer Sports Gambling: Why Cutting Out Credit Cards is Crucial

Sports gambling has taken the United States by storm, but cracks are appearing in the foundation. While bettors chase their wins and operators strive to turn profits, the system’s reliance on credit cards has raised red flags. Could banning credit card funding be the most straightforward step toward a healthier gambling ecosystem? The Unchecked Growth of…

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New Hampshire casino charity gaming debate

New Hampshire May Limit Casino Donations to Charities: What’s at Stake?

Charitable donations from New Hampshire casinos have been a lifeline for local nonprofits. Last year alone, Cross Roads House, a Portsmouth homeless shelter, received over $65,000, while the NH Coalition to End Homelessness saw $39,000 in contributions. But a new legislative push might cap how much a single charity can collect annually, sparking debates about…

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