Lenders who financed Mohegan Gaming & Entertainment’s (MGE) South Korea resort have demanded immediate repayment, raising concerns about the company’s stake in Mohegan Inspire The issue came to light during MGE’s fourth-quarter earnings call, where Chief Financial Officer Ari Glazer confirmed that the company received notice from the..

Wynn Resorts Ltd is focused on developing Wynn Al Marjan Island in the United Arab Emirates while keeping an eye on potential casino expansion in Thailand CEO Craig Billings confirmed that the company remains engaged in Thailand but emphasized that it is still early in the process “We are active in Thailand, though it’s early days,”..

Bitcoin is apparently being considered for inclusion in the assets of GameStop, the video game company that attracted a lot of interest from retail traders in 2021 As to CNBC, the business is investigating possible investments in Bitcoin and other unidentified cryptocurrencies The previous week has seen a roughly 55% increase in GameStop's..

The Mississippi Senate recently passed SB 2510, a bill that broadens the state's prohibition on gaming to include online, interactive, and computerized versions of casino-style games In response, the Social and Promotional Games Association (SPGA) voiced strong opposition, arguing the legislation misrepresents legal sweepstakes gaming and stifles..

On February 12, Texas Representative Sam Harless introduced House Joint Resolution 134, aiming to amend the state’s constitution and legalize sports betting for eligible residents If approved, the resolution would need to pass both the House and Senate before heading to a public vote in November 2025 A similar proposal cleared the House in 2023..

A bill that could have made Fairfax County eligible for a casino development has been temporarily set aside by Virginia lawmakers Senate Bill 982, introduced by Senate Majority Leader Scott Surovell, passed the Virginia Senate with a 24-16 vote However, the House of Delegates decided to delay further action, transferring it between committees for..

According to the Indiana Gaming Commission's January sports betting statistics, $5387 million was handled overall This indicates that the state's regulated sports betting business is still expanding, as evidenced by the $58 million increase from January 2024 With a combined total of almost half of all bets placed last month, Ameristar Casino..

Leading sportsbook operator BETBY and iGaming startup Softlabs have forged a significant alliance A wider range of operators will be able to access BETBY's esports betting platform, BETBY Games, thanks to this arrangement All Softlabs partners will now have access to BETBY's esports programming thanks to this agreement eSoccer, eBasketball,..

Mississippi lawmakers took a major step toward banning online sweepstakes gaming The state Senate passed SB 2510 with an overwhelming 44-1 vote The bill now heads to the House of Representatives, where further debate is expected Sen Joey Fillingane introduced the bill last month, aiming to expand existing gaming laws that already prohibit..

ARK Invest CEO Cathie Wood believes Bitcoin's potential to reach $15 million is growing stronger She attributes this to rising institutional interest in the digital asset Wood recently shared an update with investors, highlighting how major financial players are increasingly viewing Bitcoin as a necessary addition to their portfolios She stated,..

With plans to spend more than $65 million in Bitcoin, the Japanese mobile gaming developer Gumi is taking a risk This choice is in line with the business's increasing emphasis on digital asset integration and blockchain gaming In a statement that was translated, Gumi disclosed that it would set aside 1 billion yen, or roughly $656 million, for..

Significant improvements in total wagers, revenue, and gross margin have been highlighted in NorthStar Gaming's preliminary financial figures for the fourth quarter and full year 2024 The company credits a simplified client experience and innovative products with its success It is anticipated that NorthStar's total wagers through..

The Michigan Gaming Control Board has released revenue figures for Detroit’s three casinos in January, showing a total of $1048 million While revenue from table games and slots increased year-over-year, total earnings saw a month-over-month decline compared to December Slot and Table Game Revenue Sees Yearly Growth In January, revenue from..

MGM Resorts reported a record-breaking $172 billion in net revenue in its 2024 financial results This is the biggest yearly revenue in the company's history, up 7% over the previous year Nevertheless, MGM Resorts saw drops in sales and net profitability in the fourth quarter of 2024 in spite of this accomplishment MGM Resorts' net income for..

Significant changes to Google's gambling and gaming advertising policy will go into effect on April 14 The change tightens regulations for advertising to comply with, broadens country-specific limitations, and improves the definition of gambling content The purpose of these changes is to improve oversight and stop infractions in online gaming..

According to a recent TransUnion report, sports betting is still growing in the United States, which is consistent with other studies' findings In the last quarter of 2024, 26% of respondents bet, up from 24% the previous year, according to the survey, which was made public on Tuesday The surge occurred as betting activity during the fourth..

According to the digital asset analytics company Santiment, traders are becoming more interested in well-established layer-1 blockchain projects rather than memecoins As a sign of a more favorable investing climate, Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Toncoin (TON), and Cardano (ADA) are currently at the forefront of market..

Brazil’s regulated betting market is expanding rapidly, with the Secretariat of Prizes and Bets (SPA) issuing additional full licenses Initially, only 14 companies secured full approval ahead of the market’s official launch on January 1 However, another 52 operators received provisional licenses, allowing them to operate temporarily while..

Connecticut has the potential to become the first state in the United States to authorize sports betting while flying House Bill 6051, filed by State Representative Christopher Rosario, would permit travelers traveling to and from Connecticut to wager while in flight The proposal coincides with Delta Airlines’ partnership with DraftKings to..

Gavin Isaacs left his position as CEO of Entain after only five months His departure has not been explained by the multinational casino operator, which is well-known for brands including Ladbrokes, Coral, Sportingbet, and its BetMGM collaboration with MGM Resorts International When Jette Nygaard-Andersen resigned in December 2023, Isaacs..