By Tomas Medon Macau Getting Ready for New Casinos BidsJuly 28, 2022 The government of Macau, which is home to the largest concentration of casinos in the world, said on Wednesday that it has established a committee to evaluate prospective applicants for additional casino licenses. The selection of winners is scheduled to take place before the end of the year. Macau’s Chief of Justice, Cheong Weng Chon, […]
By Tomas Medon Crown Gearing Up for Grand Opening in SydneyJuly 26, 2022 Crown Sydney has announced that it would only welcome VIP guests when it first opens its doors in August. This comes after the Independent Liquor and Gaming Authority of New South Wales (ILGA) approved Crown to operate its Sydney facility last month. “Intimate” gaming space with “two luxury VIP gaming floors” and private salons is […]
By Tomas Medon United States Sports Betting Market Reaches $10 Billion MarkJuly 21, 2022 Operators have brought in $10.004 billion in revenue since the U.S. Supreme Court struck down the federal prohibition on sports betting outside of Nevada. Those earnings generated $1.511 billion in taxes for licensed betting jurisdictions around the country. This equates to an effective tax rate of 15.1 percent across the board. It only took the […]
By Tomas Medon FanDuel Group’s Live Casino Studios Debut in Michigan and PennsylvaniaJuly 19, 2022 Earlier this year, FanDuel inked a lucrative partnership agreement with Evolution, a leading B2B casino solutions provider. As per the of the new agreement, FanDuel would be allowed to make Evolution’s games available to customers in any of the states it intends to operate in. Now the renowned online gambling and fantasy sports operator […]
By Tomas Medon How the Gambling Industry is Handling the Crypto CrashJuly 14, 2022 It has been a downward spiral since the middle of April for the value of bitcoin and other digital currencies. This is a very big deal, especially considering that the crash seems to be getting worse every day. At this point, however, it is unclear if the effects of this decline will have a considerable […]
By Tomas Medon Macau Casinos Shut Down Amid Intensifying COVID WaveJuly 12, 2022 For the first time in more than two years, Macau has taken the unprecedented step of closing all its casinos. The authorities are working hard to suppress the worst coronavirus epidemic they’ve seen to date in the region which happens to be the most prominent gambling center on the planet. Naturally, this has caused the […]
By Tomas Medon High 5 Games Granted License in PennsylvaniaJuly 7, 2022 The Pennsylvania Gaming Control Board has granted an Interactive Gaming Manufacturer License to High 5 Games, a New York-based supplier of casino games. Now that they have this license, the game developer may start supplying its games to Pennsylvania-based gaming operators as soon as this month. Tony Singer, the current CEO of High 5 Games […]
By Tomas Medon Wildfire Casino Construction Underway in Downtown Las VegasJuly 5, 2022 Red Rock Resorts aims to solidify its position as a leading operator of casinos catering to locals across the Las Vegas Valley by opening a new gaming facility in the heart of the valley. The company is already one of the most prominent operators of such establishments. Throughout the Las Vegas area, Red Rock manages […]