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Star Entertainment Reviews $650M Proposal from Oaktree Capital

February 17, 2025

Latest Casino and Gambling News, Australia, World Casino News, Gaming Industry News, Economy/Finance, Oceania Casino News

Star Entertainment Group is weighing a $650 million debt financing offer from Oaktree Capital Management as the Australian casino operator faces serious financial uncertainty. With dwindling liquidity and ongoi...

DraftKings Reports Strong 2024 Revenue Growth While Q4 Losses Rise

Johnny K.

February 15, 2025

Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Financial Press Releases

DraftKings has released its financial results for the fourth quarter and full year 2024, showcasing significant revenue growth alongside increased operating losses. The company reported a total annual revenue o...

Mohegan Unveils Strong Fiscal First Quarter Results Amid Strategic Expansions

Vanja Mitic

February 14, 2025

Tribal Gaming, Latest Casino and Gambling News, Tribal Gaming, World Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Financial Press Releases

The Mohegan Tribal Gaming Authority has announced its financial outcomes for the first quarter of fiscal 2025, ending December 31, 2024. The results indicate substantial growth in revenue and successful advance...

MGM Resorts Prepares for Ground Breaking Ceremony on Japan’s First Casino in Osaka

Johnny K.

February 14, 2025

Casino News, Latest Casino and Gambling News, China, World Casino News, Casino openings, Gaming Industry News, Casino project updates, Economy/Finance, Japan, Asian Casino News, Macau, Financial Press Releases

MGM Resorts International and its partners have officially begun work on Japan’s first casino-integrated resort in Osaka. The groundbreaking ceremony for the ambitious project will take place on April 24, marki...

WinView Technology Files Patent Lawsuits Against DraftKings and FanDuel

Vanja Mitic

February 14, 2025

U.S.A., Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Technology, Mobile gaming, Economy/Finance, Online Gambling News, Sports betting, Fines, Lawsuits & Litigation, New Jersey

WinView Technology, Inc. has taken a bold step by filing patent infringement lawsuits against two major players in the sports betting industry, DraftKings and FanDuel. The legal actions, filed in the District o...

Merkur Slots UK Fined for Neglecting Duty of Care to Vulnerable Customer

Vanja Mitic

February 13, 2025

Latest Casino and Gambling News, Casino Destinations, Casino News, Unsavory reports, Gaming Industry News, Economy/Finance, United Kingdom

In a significant regulatory action, the UK's Gambling Commission has imposed a £95,450 fine on Merkur Slots UK. This penalty stems from the company's failure to adhere to social responsibility obligations after...

Aristocrat Leisure Restructures Social Gaming Operations and Sells Plarium

Vanja Mitic

February 13, 2025

Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Mergers, Acquisitions & Partnerships

Aristocrat Leisure Limited has successfully completed the sale of Plarium Global Limited to Modern Times Group (MTG), marking a pivotal shift in its business strategy. Announced back in November 2024, this move...

Donald Trump Nominates Brian Quintenz as CFTC Chair in Key Regulatory Overhaul

Johnny K.

February 13, 2025

Gaming Law & Legislation, U.S.A., Latest Casino and Gambling News, North America Casino News, Online gambling regulation, World Casino News, Gaming Industry News, Economy/Finance, Online Gambling News

Former Commodity Futures Trading Commission (CFTC) Commissioner Brian Quintenz has been chosen by former President Donald Trump to head the federal commodities regulator. Quintenz, who previously served at the ...

Super Bowl 59: A Record-Breaking Event for Sportsbooks

Vanja Mitic

February 12, 2025

NFL, Online gaming software, Latest Casino and Gambling News, U.S.A., Gaming Industry News, Mobile gaming, Economy/Finance, Sports betting, Online Gambling News

Super Bowl 59 not only saw the Philadelphia Eagles clinching a spectacular victory over the Kansas City Chiefs with a score of 40-22, but it also set new milestones in the betting world. Both BetMGM Sportsbook ...

The Star Entertainment Declines Initial Bids for Brisbane Casino Stake

Johnny K.

February 10, 2025

Casino Sales, Latest Casino and Gambling News, Australia, Casino News, World Casino News, Gaming Industry News, Economy/Finance, Oceania Casino News

The Star Entertainment Group has turned down initial offers from Hong Kong-based partners, Chow Tai Fook Enterprises Limited (CTFE) and Far East Consortium International Limited (FEC), to purchase its 50% stake...

Bally’s Corporation Completes $4.6B Buyout by Standard General

Johnny K.

February 10, 2025

Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships

Bally’s Corporation has officially completed its $4.6 billion acquisition by Standard General LP, its largest shareholder. As part of the agreement, Bally’s merged with The Queen Casino & Entertainment Inc....

Georgia Lawmakers Push for Sports Betting and Casino Legalization

Vanja Mitic

February 10, 2025

U.S.A., Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Georgia

Georgia lawmakers are once again pushing for legalized sports betting and casino gambling, with a newly introduced resolution that could allow voters to decide on the matter in 2026. Senate Resolution 131 (SR 1...

Ippei Mizuhara Sentenced for Stealing $17 Million from Shohei Ohtani to Fund Gambling Debts

Vanja Mitic

February 7, 2025

Gaming Law & Legislation, U.S.A., Latest Casino and Gambling News, MLB, Gaming Industry News, Economy/Finance, Employment & Careers, Sports betting, Crime, Fines, Lawsuits & Litigation, Financial Fraud

Ippei Mizuhara, the former interpreter for Los Angeles Dodgers star Shohei Ohtani, has been sentenced to 57 months in federal prison after admitting to stealing nearly $17 million from the baseball superstar. T...

Wynn Resorts Secures $2.4 Billion for Landmark Resort Development in UAE

Vanja Mitic

February 7, 2025

United Arab Emirates, Casino Destinations, Casino News, Latest Casino and Gambling News, New Hotels, World Casino News, Gaming Industry News, Casino project updates, Casino moguls, Economy/Finance, Middle East Gaming News, Financial Press Releases

Wynn Resorts has successfully secured a substantial $2.4 billion construction facility to fund the development of its much-anticipated Wynn Al Marjan Island, the first integrated resort to be built in the Unite...

BetMGM Eyes Positive EBITDA in 2025 After Challenging 2024 Year

Vanja Mitic

February 5, 2025

Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Sports betting, Financial Press Releases

In its Fiscal Year 2024 (FY24) report, BetMGM LLC has reflected on a challenging yet pivotal year of investments and strategic shifts. The sports betting and iGaming operator, a joint venture between MGM Resort...

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Star Entertainment Reviews $650M Proposal from Oaktree Capital

DraftKings Reports Strong 2024 Revenue Growth While Q4 Losses Rise

Mohegan Unveils Strong Fiscal First Quarter Results Amid Strategic Expansions

MGM Resorts Prepares for Ground Breaking Ceremony on Japan’s First Casino in Osaka

WinView Technology Files Patent Lawsuits Against DraftKings and FanDuel

Merkur Slots UK Fined for Neglecting Duty of Care to Vulnerable Customer

Aristocrat Leisure Restructures Social Gaming Operations and Sells Plarium

Donald Trump Nominates Brian Quintenz as CFTC Chair in Key Regulatory Overhaul

Super Bowl 59: A Record-Breaking Event for Sportsbooks

The Star Entertainment Declines Initial Bids for Brisbane Casino Stake

Bally’s Corporation Completes $4.6B Buyout by Standard General

Georgia Lawmakers Push for Sports Betting and Casino Legalization

Ippei Mizuhara Sentenced for Stealing $17 Million from Shohei Ohtani to Fund Gambling Debts

Wynn Resorts Secures $2.4 Billion for Landmark Resort Development in UAE

BetMGM Eyes Positive EBITDA in 2025 After Challenging 2024 Year

Missouri Confirms Sports Betting Start Date: Launch Set for December 1

PointsBet Penalised AU$500K for Illegal Marketing and Self-Exclusion Violations

Japan Moves to Crack Down on Illegal Online Casinos Amid Growing Gambling Concerns

$827 Million Grand Lucayan Redevelopment Set to Revitalize Grand Bahama

Macau Sees Dip in Public Revenue Amid Stagnant Gaming Tax Income