Latest articles
Bally’s Announces Improved Q1 Results, Management Changes & New Partnerships
Bally’s Corporation seems closer to finding its way with improved financial results in Q1 2023, a management shake-up, and new partnerships to improve Bally Bet. The company has also struck a deal with the Oakland Athletics which will make their new home on the lot occupied by the Tropicana after their move to Las Vegas. Those […]
MGM, Caesars, Hard Rock Casino Hotels Targeted in New Jersey Rate-Fixing Class Action
MGM Resorts International, Caesars Entertainment, and Hard Rock International face a class action lawsuit in New Jersey over Atlantic City hotel room rates. The plaintiffs accuse the casino hotel operators of coordinating to fix room rates in violation of US antitrust law. The suit, filed on May 9 in New Jersey District Court, also names Cendyn […]
Ocean Casino Resort Trucks in Sand, Rebuilds Beachfront Ahead of Memorial Day
Atlantic City’s Ocean Casino Resort is betting on its beach by investing $700,000 to rebuild a badly eroded beachfront before the summer season kicks off. Work on the shorefront began last week and is expected to wrap up in time for Memorial Day weekend at the end of the month. Chronic erosion at the coastal resort […]
Charles Town Online Casinos Overtake Greenbrier in WV Amid Slow April
Charles Town Races has overtaken the Greenbrier for the online casino market lead in West Virginia. The bulk of Charles Town’s revenue can be assumed to come from DraftKings. The only other brand on the license is PointsBet, typically a bit player. That switch comes amidst what was otherwise a slow month of April for US online casinos. Across […]
Evolution Extends Partnership With Galaxy Gaming, Will Bring New Titles to the US Market
Evolution has announced a ten-year extension to its partnership with Galaxy Gaming, which will enhance its live dealer offerings in the US market. Galaxy creates table game content for the retail casino industry. Users of online live dealer games in the US will be most familiar with its patented side bets for blackjack, but more exotic games could […]
Fanatics Follows Through on Expected PointsBet Acquisition
Sports apparel company Fanatics has agreed to purchase the US assets of Australian gaming operator PointsBet. The deal is worth $150 million in cash, pending investor and regulatory approval. Currently, Fanatics is beta-testing an online sportsbook in Ohio and Tennessee. Additionally, it operates a retail sportsbook in Maryland and has a license in Massachusetts, where […]
Jay-Z’s Roc Nation Asks New Yorkers To Support Times Square Casino
Jay-Z has 99 problems, but a Times Square casino ain’t one. If the Roc Nation (RN) founder gets his way, the bid for Caesars Palace Times Square will win a coveted New York downstate casino license. In a recent open letter, RN argued the benefits of the Times Square proposal and urged public support. “This […]
MSG Sphere: Will the Payoff be Worth the Investment?
Sphere Entertainment Co. is projecting even more cost overruns for the MSG Sphere, set to open in Las Vegas later this year. Its latest quarterly financial results show that the company has spent $2.08 billion on the project, which is 73% more than the original budget. That initial $1.2 billion projection has been upped repeatedly. As […]
Entain Reshapes Board to Support Goals of Diversity, Social Responsibility
Entain has announced changes to its board to improve its effectiveness, boost “people engagement,” and maximize corporate sustainability efforts. The shift involves the formation of two new committees to help the company reach its corporate social responsibility (CSR) goals. The move from Entain () is the latest effort from the global sports betting, gaming, and […]
Colorado House Controversially Passes Casino Line Of Credit Bill After Last-Minute Vote Switch
In a controversial and surprising sequence of events, the Colorado House passed a bill allowing casinos to offer lines of credit to customers. SB23-259 had seemed to fail with a vote of 31-34, but one “nay” voter requested a do-over. The bill then passed narrowly by a margin of 33-32. That led to an uproar […]
