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Industry
April 11, 2025
Saks Fifth Avenue Abandons Casino Project in Midtown NYC
A total of 11 companies showed interest in securing one of the three lucrative New York downstate casino licenses. Now, the number of likely bidders has gone down, as reportedly one company decided to drop from the process and no longer pursues securing a license. Midtown Casino License Bidder Drops from Race Saks Global, the […]
Industry
April 10, 2025
Portnoy Banked on Trump for a Stock Market Win
David Portnoy, the founder of Barstool Sports, is relieved that President Trump delivered the financial “victory” that the sports betting businessman was hoping for. Portnoy Says Trump Is Playing a “Hight-Stakes Game” David Portnoy has been an avid supporter of President Donald Trump, whose recent introduction of new tariffs has sent shockwaves across businesses in […]
Industry
April 10, 2025
Nevada Bill Seeking to Seize Illegal Gambling Proceeds Passes Senate
Lawmakers in Nevada have advanced a new bill that would reinforce the state’s regulations against unlicensed gambling. Per the proposed measure, authorities will be able to request illegal operators to relinquish their profits to the state. Nevada Seeks to Make Illegal Gambling Unsustainable Senate Bill 256, which was sponsored by Senator Rochelle Nguyen, proposes a […]
Industry
April 10, 2025
Nevada Considers Limiting Under-21 Cigarette Sales to Casinos
Nevada lawmakers are considering a bold move to restrict cigarette smoking among young adults. However, the newest proposed legislation has an added twist that has been raising eyebrows. Casinos would be exempted from this measure, indirectly incentivizing young people to visit such establishments. Such a measure could potentially lead to rising gambling harm rates and […]
Industry
April 10, 2025
Hudson Yards West Project Advances with Important Approval
Wynn Resorts and Related Companies’ bid for a hotel and casino resort in New York picked up significant speed after important approval. Earlier this week, Hudson Yards West, the project proposed by the two companies, received approval from the City Planning Commission (CPC), marking an important step in the ongoing process. The Development Is Expected […]
Industry
April 10, 2025
Philippines Posts 2024 Industry Report, Highlights Record GGR
The Philippine Amusement and Gaming Corporation (PAGCOR) published information about the local gaming industry’s performance in 2024, outlining record-breaking gross gaming revenue for the period. Philippine Gaming Is Still Growing In its official release, the PAGCOR said that the Philippine gaming industry’s GGR for 2024 stood at PHP 372.33 billion ($6.5 million), marking a staggering […]
Industry
April 10, 2025
VGCC Reminds Clubs to Follow Holiday Restrictions Ahead of Good Friday, ANZAC Day
The Victorian Gambling and Casino Control Commission (VGCCC) issued a reminder to state pubs and clubs to obey the holiday trading hours. Coming ahead of the Good Friday and ANZAC Day public holidays, the reminder pointed out that violators will risk fines and other penalties. Two Major Holidays Approach As Easter and the ANZAC Day […]
Industry
April 10, 2025
Bidder Loses Right to Cash in $60K in Chips from Closed NJ Casino
An appellate court in New Jersey denied close to $60,000 in poker chips to a man who thought he had struck gold when he purchased some old casino chips at an online auction. The attempt to redeem the chips from the long-shuttered Playboy Hotel and Casino was initiated in January 2023 and hit a brick […]
Industry
April 10, 2025
Hawaii Gets Closer to Making Online Sports Betting and Fantasy Sports Legal
Hawaii looks set to join the list of US states that allow legal sports betting. On April 8, the state Senate voted 15-10 to approve House Bill 1308, a law that would give the go-ahead to online sports betting and daily fantasy sports contests. The bill led by Representative Daniel Holt now goes back to […]
Industry
April 10, 2025
New North Carolina Bill Aims to Ban College Sports Prop Bets
More than a year ago, early in March 2024, North Carolina introduced online sports betting. To participate in the activity, a bettor needs to be 21 years of age or older. While North Carolina permits wagering on college sports, including college prop bets, betting on youth sports is prohibited. Now, a new proposal seeks to […]
