Q2 2023 broke prior records for the US commercial gambling market, marking a historic 10th straight quarter of growth The American Gaming Association (AGA) reported record Q2 revenue of $1607 billion, representing an 81% increase over the same time in 2022 This accomplishment solidifies the industry's rising trend, making it the second-highest..

The Michigan Gaming Control Board (MGCB) overwhelmingly approved the renewal of licenses for three prestigious Detroit casinos: MGM Grand Detroit, MotorCity Casino, and Hollywood Casino at Greektown, in a historic decision that rang throughout their chambers The newest chapter in the casinos' journey began when MGCB Director Henry Williams..

The Sports Gambling Hall of Fame recognized the achievements of a remarkable lineup of sports betting luminaries during its inaugural induction event at the famous Circa Resort & Casino The induction ceremony took place within a designated enclave within the world's largest sportsbook, honouring both bookmakers and bettors' significant..

Andrew Rhodes, Chief Executive of the Gambling Commission, issued harsh disapproval of the manipulation of gaming data for political purposes in a public address released on Monday Rhodes expressed alarm about the rise in the abuse of such data, a worrying trend that has surfaced in the aftermath of the Gambling Act review white paper His..

In a recent development, 888's subsidiary, Virtual Global Digital Services Ltd, reached a settlement deal with the Gibraltar Gambling Commissioner worth £29 million (€34 million/$37 million) This agreement is the result of a succession of VIP-related problems in the Middle East The Commissioner found various weaknesses in 888's previous..

The latest Forbes list reveals the soaring net worth of individuals in the Philippines, particularly among those with casino investments Notably, three of the top richest people have direct ties to the casino sector Topping the list are the Sy siblings, with a net worth of US$144 billion They inherited their fortune from the late Henry Sy Sr,..

Alejandro Tengco, PAGCOR’s Chairman and CEO, has made waves with his recent announcement to privatize 45 of the corporation's casinos by 2025's third quarter "Definitely, my trust is to privatize the 45 casinos of PAGCOR and I'm looking at 2025 as my timeline," he stated during the House of Representatives' national budget deliberations His..

Recent research sponsored by GambleAware has indicated a potential link between mental health issues and problem gambling tendencies Alma Economics, a data analytics entity, spearheaded this study, analyzing the 2022 Treatment and Support Survey Through a regression analysis, the study revealed that a rise in the Problem Gambling Severity Index..

In a landmark move, Illinois has adopted new law allowing casinos to recruit people with past felony convictions for non-gambling positions This progressive legislation allows casino enterprises to hire a diverse workforce in positions like as waitstaff, housekeepers, cooks, and porters While the new legislation allows ex-convicts to work in..

The University of Sydney has created the Center of Excellence in Gambling Research (CoEGR) to promote responsible gaming practices and protect consumers This new center is focused to increasing knowledge of gambling behavior while minimizing possible harm, utilizing data and scientific approaches to drive industry innovations and increase consumer..

The Alcohol and Gaming Commission of Ontario (AGCO) has exercised its regulatory jurisdiction by fining Apollo Entertainment CAD 100,000 (roughly $74,300 USD) The AGCO's registrar determined that the operator had violated its responsible gambling duties, which was a key step in preserving the integrity of Ontario's gaming sector In its notice..

SkyCity Entertainment expects potential financial consequences in Australia due to purported violations at its Adelaide establishment Allocating $49 million (A$45m) for anticipated penalties and legal fees, the company braces for the civil proceedings' fallout Furthermore, the Adelaide casino's licence valuation diminished by $497m..

Sam Bankman-Fried, the founding figure of FTX, now finds himself behind bars as Judge Lewis Kaplan of the US District Court for the Southern District of New York decided to rescind his bail The decision was rooted in allegations that Bankman-Fried may have interfered with potential witnesses The Department of Justice claimed that Bankman-Fried..

New findings in an ongoing sports betting investigation headed by the Iowa Division of Criminal Investigation have implicated many Iowa and Iowa State football players, as well as a Hawkeye graduate assistant This news has sent shockwaves across the collegiate sports world, underlining the consequences of illegal gambling inside the domain of..

Wynn Resorts CEO Craig Billings has hinted at the upcoming issue of the first-ever casino license in the United Arab Emirates (UAE), in a revolutionary development destined to transform the entertainment industry The historic news comes as Wynn Resorts prepares to open the much-anticipated Wynn Al Marjan Island, a magnificent casino resort in the..

Galaxy Entertainment, Galaxy Casino SA's acclaimed parent company, has lifted the veil on its future gem, Andaz Macau, a sparkling addition to the Hyatt brand The much-anticipated hotel is expected to open on September 15 of this year, marking a key milestone for both Galaxy Entertainment and Macau's burgeoning hospitality industry Andaz Macau..

Kambi, a leading B2B provider of sports betting services, has announced the expansion of its longstanding cooperation with the prestigious Rank Group in an exciting step that emphasizes their dedication to mutual success Since 2016, this dynamic partnership has blossomed, and the extended deal is intended to catapult both organizations to even..

Entain, the parent company of Ladbrokes and Coral, has earmarked a £585 million ($7445 million) investment to address a continuing HM Revenue & Customs (HMRC) investigation into its past commercial activities in Turkey The focus of this inquiry is on alleged breaches of Section 7 of the Bribery Act of 2010 Entain has outlined a plan for..

Card counting has long been a source of conflict and discussion in the world of gaming While casinos frown on it and frequently take steps to discourage or penalize players who engage in it, the legal situation around card counting is not always clear In the context of a lawsuit against Ameristar Casino in Black Hawk, Colorado, one recent instance..

Pragmatic Play has released Pub Kings, a slot game that promises a thrilling journey through Norse mythology With an astonishing eight new slot games released each month, the famous supplier has once again captured attention with this action-packed addition to their catalog Enter the realm of Pub Kings, where Viking stories are brought to life..