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Stony Brook University President Accused of Sabotaging Sands Casino Proposal

Casino, NewsJanuary 18, 2024242Views 0Likes 0Comments

A county official from Long Island has accused the president of Stony Brook University of conspiring with a competing bidder to prevent the Sands casino proposal from being approved. The official claims that the university president has a conflict of interest and has been using his influence to undermine the Sands project, which would bring…

Bally’s Chicago faces hotel tower relocation challenge

NewsJanuary 18, 2024276Views 0Likes 0Comments

Bally’s Chicago, the company that won the bid to build the city’s first casino and entertainment complex, has encountered an unexpected obstacle that requires it to relocate its planned hotel tower from the original site. The reason is that the foundation of the tower could damage the city’s water pipes near the Chicago River. Bally’s Chicago’s…

Caesars Entertainment faces labor challenges amid F1 Grand Prix preparations

NewsJanuary 18, 2024261Views 0Likes 0Comments

Caesars Entertainment, one of the leading casino operators in the US, is facing labor cost pressures as it prepares to host the F1 Heineken Silver Las Vegas Grand Prix in November 2023. The event, which is expected to boost the company’s earnings and revenue, also poses significant operational and logistical challenges. F1 Grand Prix expected…

Spinomenal expands its presence in the Baltics with Optibet partnership

NewsJanuary 11, 2024285Views 0Likes 0Comments

Spinomenal, one of the world’s leading iGaming studios and developers, has announced a new partnership with Optibet, a leading online sports betting and casino operator in the Baltic region. The deal will allow Spinomenal to offer its premium portfolio of slot games to Optibet’s customers in Lithuania, Latvia, and Estonia. What is Spinomenal? Spinomenal is a…

Gamesys fined £6m by UKGC for social responsibility and AML failures

Games, NewsJanuary 11, 2024323Views 0Likes 0Comments

What happened? The UK Gambling Commission (UKGC) has imposed a £6m penalty on Gamesys, an online gambling operator that runs 16 websites such as ballycasino.co.uk, doublebubblebingo.com, jackpotjoy.com and megawayscasino.com. The fine was issued after an investigation revealed that Gamesys had failed to comply with its social responsibility and anti-money laundering (AML) duties. The investigation was launched…

Pragmatic Play and Gaming1 expand their partnership with Live Casino content

Casino, NewsJanuary 11, 2024237Views 0Likes 0Comments

Pragmatic Play, one of the leading content providers to the iGaming industry, has announced a new agreement with Gaming1, a leading online casino operator in Belgium and the Netherlands. The deal will see Pragmatic Play’s comprehensive Live Casino content delivered to Gaming1’s popular Circus brand, which offers premium Slots and other casino games. The partnership follows…

Sportsbet.io Player Wins Record-Breaking $42 Million Slot Jackpot

NewsJanuary 11, 2024292Views 0Likes 0Comments

A Sportsbet.io player has recently hit the largest slots jackpot ever recorded, winning an astounding $42 million from a single $50 spin. This monumental win occurred on December 20, 2023, when the player was betting in USDT cryptocurrency on Alchemy Gaming’s Wheel of Wishes slot game. How the Jackpot Was Won The lucky customer revealed that…

EGT Digital Enters the Italian Market with Microgame Partnership

NewsJanuary 11, 2024220Views 0Likes 0Comments

A new milestone for both companies EGT Digital, a leading provider of gaming content based in Bulgaria, has announced its expansion to the Italian market, thanks to a deal with Microgame, one of the most prominent online gaming service providers in Italy. The partnership will allow EGT Digital to offer its games on 35 betting…

Gaming REITs: A Bright Spot in the Post-Pandemic Era

NewsJanuary 11, 2024248Views 0Likes 0Comments

Gaming real estate investment trusts (REITs) have been one of the most resilient sectors in the wake of the coronavirus pandemic, thanks to their triple-net lease structures, cost-cutting measures and pent-up consumer demand. The U.S. gaming sector recovered quickly from the initial shock and outperformed the broader market in 2020 and 2021. Analysts expect the…

Oklahoma Eastern Shawnee Tribe Casinos Exposed to Data Breach

Casino, NewsJanuary 11, 2024311Views 0Likes 0Comments

What happened? The Oklahoma Eastern Shawnee Tribe (OEST) announced on December 15, 2023, that its casinos and gaming operations were affected by a data breach that occurred on December 1, 2023. The breach compromised the personal and financial information of some tribal members, employees, and vendors. According to the tribe’s news release, the breach was caused…