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MGM Resorts Executive to Retire After Three-Decade Career
Posted inCasino

MGM Resorts Executive to Retire After Three-Decade Career

Ann Hoff joined MGM in 1990, beginning her career in the company's management associate program. A longtime executive at MGM Resorts International is set to retire next month after more…
Posted by Kevin March 21, 2025
DraftKings Moves Toward Prediction Markets with NFA Registration
Posted inCasino

DraftKings Moves Toward Prediction Markets with NFA Registration

DraftKings' CEO, Jason Robins, expressed strong interest in the potential of prediction markets during the company's year-end earnings call. DraftKings seems to be getting ready to jump into the prediction…
Posted by Kevin March 20, 2025
High Court Makes Paddy Power Pay £1M Jackpot to Winner Offered £20,000
Posted inCasino

High Court Makes Paddy Power Pay £1M Jackpot to Winner Offered £20,000

The operator argued that the game's random number generator had selected the smaller jackpot as the correct outcome The UK’s High Court has ruled that Paddy Power must pay the…
Posted by Kevin March 20, 2025
New York Senate Takes Steps to Ban Sweepstakes Gaming
Posted inCasino

New York Senate Takes Steps to Ban Sweepstakes Gaming

The new law targets online platforms that operate a "dual-currency" system, allowing users to purchase virtual tokens that can later be exchanged for money or rewards The New York Senate…
Posted by Kevin March 20, 2025
Victoria Set to Debate Mandatory Carded Play Bill
Posted inCasino

Victoria Set to Debate Mandatory Carded Play Bill

The state of Victoria, Australia, has been wrestling with the idea of making it obligatory for patrons at gaming venues to use pre-registered cards to help monitor for problem gambling…
Posted by Kevin March 20, 2025
Major US Gambling Companies Suffer as Markets Tumble
Posted inCasino

Major US Gambling Companies Suffer as Markets Tumble

Companies with substantial global operations and reliance on Asian markets for revenue faced uncertainty amid the ambiguous outlook of US-China trade relations This week, the stock market crashed, with large…
Posted by Kevin March 19, 2025
Caesars Entertainment Grows Board with Two Independent Directors
Posted inCasino

Caesars Entertainment Grows Board with Two Independent Directors

This decision follows an agreement between Caesars Entertainment and Icahn Enterprises, a multifaceted holding company led by billionaire investor Carl Icahn Casino giant Caesars Entertainment has added two new independent…
Posted by Kevin March 19, 2025
Lawsuit Against Google, Apple, and High 5 Casino Voluntarily Dismissed
Posted inCasino

Lawsuit Against Google, Apple, and High 5 Casino Voluntarily Dismissed

The plaintiff sued, claiming he lost over $1,000 on sweepstakes casino platforms like High 5 Casino and WowVegas, which he alleged operated as illegal gambling sites under the guise of…
Posted by Kevin March 18, 2025
European iGaming Companies Lose $5BN to Fraud Annually, Report
Posted inCasino

European iGaming Companies Lose $5BN to Fraud Annually, Report

Fraud affects online gambling companies on the Old Continent with nearly half losing 10% of their revenue to such unlawful activities every year The development of artificial intelligence (AI) makes…
Posted by Kevin March 17, 2025
One-in-Three Japanese Who Play Offshore Rake Up Debt within a Week
Posted inCasino

One-in-Three Japanese Who Play Offshore Rake Up Debt within a Week

Offshore gambling has long been seen as a source of social ills, but one study has pinpointed the likeliness of incurring financial harm by engaging in the offshore market Offshore…
Posted by Kevin March 17, 2025

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