By Elaine West Mohegan Sun Ready to Acquire Boston-area CasinoDecember 3, 2018 Connecticut-based gaming company, Mohegan Sun has recently announced that it is willing to buy out Wynn Resorts’ $2.5 billion Everett casino project if is found to be unsuitable by state regulators. The Massachusetts Gaming Commission is currently facing a lawsuit over its alleged botched investigations into sexual misconduct allegations against Wynn Resorts founder and former […]
By Elaine West Genting Malaysia’s Share Price Drops Amid Higher TaxesNovember 5, 2018 Last Friday, the Malaysian Budget was announced and one of the main highlights of that event was the negative surprises it had in store for the gaming sectors. This came in the form of an unprecedented tax hike that affected a number of gambling businesses including the country’s casinos and slot parlors. As stipulated by […]
By Elaine West NFL Could Make Up to $2.3B Annually from Sports BettingSeptember 10, 2018 After the United States Supreme Court lifted the federal ban on sports betting in May, professional sports leagues in the country have been working hard to put protective measures in place. Most of the leagues initially distanced and, in some cases, even opposed it but on realizing the inevitability of its regulation, they had a […]
By Elaine West Buffalo Wild Wings Eyeing Offering Sports Betting ServicesAugust 13, 2018 Renowned U.S. sports bar chain Buffalo Wild Wings is reportedly eyeing a foray into the sports betting business as part of its efforts to enhance the restaurant business for its customers. According to sources close to the company, the sports betting plan will be in conjunction with sports betting and daily fantasy sports company DraftKings […]
By Elaine West MGM Partners with GVC for $200M Sports Betting VentureJuly 31, 2018 United Kingdom-based betting group GVC on July 30 announced that it has struck a groundbreaking $200 million deal with MGM Resorts International, a move that will help both companies to expand their brands and offerings in the United States as they try to take advantage of the repeal of PASPA by the U.S. Supreme Court. […]
By Elaine West The YouTuber Boxing Match of the Year Draws NearerJuly 20, 2018 A month ago, Logan Paul, the famous YouTuber whose career somehow seemed to recover after a suicide forest stunt opened a YouTube vlog with a statement that said: “A lot of people who are not in the YouTube community think this fight is a joke,” he said. “All jokes aside, this will be the biggest […]
By Elaine West Hard Rock Casino Debuts Online Casino Days After ReopeningJuly 6, 2018 New Jersey’s gambling industry is just starting to get back on track especially with the reopening of two new casinos in the last week. Hard Rock and Ocean Resorts casinos both went live in massive grand openings a little over a week ago and while they have certainly begun to return Atlantic City to its […]
By Elaine West Crypto Betting Matures up Just in Time for the World CupJune 25, 2018 The 2018 FIFA World Cup kicked off over a week ago in Russian and by now you might have noticed that there is a burgeoning number of crypto sports betting options – that is if you are a fan of sports betting or crypto. Compared to what was the case in the previous World Cup […]
By Elaine West Michigan’s House of Representatives Approves Online GamblingJune 15, 2018 On Wednesday, the Michigan House of Representatives approved a measure that will legalize and regulate statewide online gambling. The House voted 68-40 to approve the H 4926 bill that was introduced by State Representative Brandt Iden last year – prior to its approval, the bill had faced a number of hurdles as the Representative attempted to […]
By Elaine West Federal Regulators Finally Clear Path for Tribal CasinoJune 1, 2018 A proposed t tribal casino venture in Connecticut is finally back on track thanks to the federal regulators who have finally moved to clear the way for the tribal operators. The tribes, who are currently operating the Mohegan Sun and the Foxwoods Resort Casino, have partnered for this venture that is set to bring the […]