MGM Resorts has applied for a casino license in the United Arab Emirates (UAE), aiming to become the second major operator in the region This news was confirmed by MGM’s CEO, Bill Hornbuckle, during his keynote at the Skift Global Forum in New York on September 19 The application was submitted to the Abu Dhabi government, but it needs both..

Wynn Resorts has agreed to settle a shareholder lawsuit for $70 million, closing a chapter on the legal issues stemming from sexual misconduct allegations against its former CEO, Steve Wynn The settlement addresses claims that the company misled investors by not disclosing the allegations, which led to a sharp drop in Wynn Resorts’ stock value..

Germany has taken a big step in regulating its online gaming industry by issuing its first licenses for commercial live casino operators On September 18, Tipico, BluBet, Cashpoint, and Skill on Net received approval to offer online casino games This move is part of the country’s effort to create a safer gambling environment and curb the use of..

On September 19, the American Gaming Association (AGA), DraftKings, and MGM National Harbor joined forces for a live panel focused on responsible gaming and industry trends Key figures included Nevada Rep Dina Titus, Washington Commanders Co-Owner Mark Ein, DraftKings CRGO Lori Kalani, MGM National Harbor President and CEO Melonie Johnson, and AGA..

Brian Christopher, a well-known casino influencer with a rapidly growing YouTube audience, has joined forces with SportsGrid Network, America’s first 24-hour sports betting channel The collaboration with Christopher's company, BC Ventures, aims to deliver engaging casino programming for SportsGrid’s upcoming Casino & Gambling Network, set..

JPMorgan Chase CEO Jamie Dimon recently addressed the implications of Federal Reserve rate cuts, suggesting that larger economic factors hold greater significance Speaking at a Georgetown University conference, he emphasized that the specifics of rate adjustments are less critical than many believe During the conference, one day before the..

Leading cryptocurrency exchange Binance recently unintentionally released Moonbix, a new game When this play-to-earn game launches on Telegram, gamers and cryptocurrency aficionados will both be quite excited Even if the news wasn't intended to be made public just yet, a flurry of rumors was sparked by leaked screenshots that swamped social..

The highly awaited Season 5 Bloom Rewards, which will be available until October 28, 2024, were revealed by Nifty Island on September 15, 2024 Players are invited to participate in a variety of in-game activities and tasks this new season in order to win special gifts In addition, the Topo UGC Contest invites artists to use movies, islands, and 3D..

Play Solana has revealed an intriguing discovery as the Solana ecosystem's interest in mobile gaming continues to rise The "Play Solana Gen1" or "PSG1" portable game system was announced by the SOL-native team less than a day before the Solana Breakpoint event in Singapore This gadget seeks to enable gamers to access web3 games while on the..

After it was determined through investigations that the platform had broken the Interactive Gambling Act of 2001, the Australian Communications and Media Authority (ACMA) ordered internet service providers (ISPs) to disable access to Casino Bello, an unlicensed offshore gaming website The ACMA is working to protect Australians from illicit..

According to a recent survey conducted by Frontier Economics on behalf of the Betting and Gaming Council (BGC), up to £43 billion is spent yearly by 15 million UK citizens on unregulated gambling platforms This analysis highlights the mounting risks posed by these illicit operations and represents the first significant investigation into the..

By enabling citizens to use cryptocurrencies to pay for public services, Louisiana is embracing the digital era The state hopes to update its residents' payment options through a collaboration with the software company Envoc and the cryptocurrency payments platform Bead Pay This project gives customers speed and flexibility while enabling..

Tether has announced a strategic $15 million investment in Sorted Wallet, a platform designed to bring cryptocurrency access to people in emerging markets using basic mobile phones This initiative aims to provide financial services to regions with limited access to traditional banking, such as Africa and Southern Asia, enhancing financial..

A definitive agreement to buy SuperPlay, a well-known mobile game developer, has been announced by Playtika Holding Corp, a leader in interactive entertainment and mobile gaming The transaction, which could be worth over $1 billion, intends to add SuperPlay's well-known games to Playtika's portfolio and broaden its international appeal The..

Norfolk's long-awaited resort casino project is gaining momentum as Boyd Gaming steps in as the primary financial backer The Norfolk City Council recently voted to replace Tennessee billionaire Jon Yarbrough with Boyd Gaming to support the Pamunkey Indian Tribe’s casino on the Elizabeth River The project, estimated at $500 million, had faced..

Cryptocurrencies known as "stablecoins," which are backed by reliable assets like the US dollar, are becoming more and more significant in the world economy Stablecoins are now the 18th-largest investors of US Treasury bonds, according to a new research by Bernstein, demonstrating their expanding prominence in the financial sector Stablecoin..

As bookmakers post impressive August 2024 results, the state of Connecticut's sports betting industry is still thriving The Connecticut Department of Consumer Protection has released new statistics that show a significant rise in handle and income Sportsbooks in Connecticut took in $1292 million in wagers in August, a 6% increase over July..

Golden Matrix Group (GMGI), a Las Vegas-based company, has created a stir in the social gaming space with "Beach Penalties," a new game created by its Expanse Studios subsidiary With this launch, GMGI introduces a novel and captivating idea to the social casino industry With a beach backdrop, "Beach Penalties" presents an interactive soccer..

With a major update on the closing date, La Française des Jeux (FDJ) is moving forward with its acquisition of Kindred Group FDJ is moving on with the deal, which is now slated to close on October 2, 2024, after obtaining all the regulatory approvals An important step in the acquisition process has been reached when FDJ received the French..

$14 million has been invested by DraftKings and FanDuel in their push to legalize sports betting in Missouri, vastly surpassing the $4 million that Caesars Entertainment donated to oppose the legislation The opposing organization "Missourians Against the Deceptive Online Gambling Amendment," according to the Missouri Ethics Commission, has not..