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Business
March 5, 2025
BetMGM Announces Layoffs Amid Growing Market Challenges
BetMGM, a top player in the online gambling world, has said it will cut 83 jobs at its main office in Jersey City, New Jersey. The job cuts will start on May 27, as the company deals with slower growth in sports betting and tougher competition from other betting firms. BetMGM Adjusts Strategy as Sports […]
Industry
March 4, 2025
Bally’s Hits Roadblock in $250M Chicago IPO
Bally’s bid to raise $250 million in an initial public offering (IPO) for its highly anticipated Chicago casino project has hit a significant roadblock. The setback has delayed the company’s inclusive equity commitments and fundraising goals, further complicating an already ambitious $1.7 billion development plan in River West. Chicago Mandated at Least a 25% Minority […]
Casino
March 4, 2025
Small Businesses Speak Out Against Wynn Hudson Yards Casino
The proposed $12 billion casino and resort project by Wynn Resorts and Related Companies at Hudson Yards continues to spark heated debate in New York City. While the developers claim the venue will bring substantial economic opportunities, small business owners remain apprehensive, fearing that the massive casino will impact their livelihoods and dramatically change the […]
Legal
March 4, 2025
Lawyers Push to Keep Evolution Accuser Anonymous, File Appeal
A long-term legal dispute revolving around a 2021 report, accusing the leading gaming company, Evolution, of offering its services in different markets and using deceptive tactics, picked up significant speed. Last week, Evolution moved a step closer in uncovering the identity of the entity or entities behind the damaging report from 2021. Calcagni & Kanefsky […]
Industry
March 4, 2025
NCPG Welcomes Problem Gambling Awareness Month, Promotes Understanding
The National Council on Problem Gambling (NCPG) in the United States has celebrated the beginning of Problem Gambling Awareness Month (PGAM), vowing to seek an enhanced understanding of gambling problems. PGAM Is Underway Once Again PGAM is an annual initiative taking place every March when industry stakeholders, health associations, sports entities and regulators join forces […]
Industry
March 4, 2025
Texas Lottery Scandal Casts Shadow on Betting, Casino Expansion
Texas is one of a handful of states that has limited gambling activities. A legal hurdle that saw the Texas Lottery get into hot water over allowing lottery couriers to operate in the state resulted in further implications that threaten its existence and put significant obstacles in the way of a potential expansion of gambling […]
Sports
March 4, 2025
The Athletics to Offer Priority Access for 2028 LV Season Tickets
The popular Major League Baseball (MLB) team that plans to relocate to Las Vegas, Nevada, the Athletics, formerly known as the Oakland Athletics, announced Monday they will be selling priority access to season tickets. Priority Access to 2028 A’s Las Vegas Season Tickets Costs $19.01 The announcement comes ahead of the team’s first game against […]
Casino
March 4, 2025
Judge Rejects Amazon’s Bid to Curb Discovery in Social Casino Case
A federal judge has turned down Amazon’s effort to limit discovery in an ongoing lawsuit. The lawsuit claims the company profited from social casino games. This decision means the case will move forward with complete pre-trial discovery. Amazon had argued it should be protected from liability under Section 230 of the Communications Decency Act. Judge […]
Industry
March 3, 2025
Evolution Closes In on Anonymous Group Behind Damaging Report
A major court win has brought Evolution AB one step closer to unmasking the identity of the enigmatic entity behind a 2021 anonymous report that sparked a massive sell-off, wiping billions off the company’s market value. A New Jersey Superior Court judge has ruled that the report’s authors must be revealed, marking a significant victory […]
Casino
March 3, 2025
Nevada GC Gives Ex-Security Chief Sandy Seda Second Chance
Sandy Seda, the former security chief at Mandalay Bay Resort & Casino, has been given a second chance in the gaming industry after the Nevada Gaming Commission surprisingly overturned a previous decision to suspend his gaming registration. Narrow 3-2 Vote for His Comeback The reversal, decided in a narrow 3-2 vote, allows Seda to reapply […]
