New Study Debunks Myths: Online Sports Betting Wont Lead to Bankruptcies or Lower Credit Scores Study runs counter to previous findings showing declining consumer credit in online sports betting (OSB) states. PPI highlights that credit scores rose slightly in states adopting OSB early. Regulated online sports betting (OSB) is not resulting in increased bankruptcy filings […]
Sullivan County to Acquire Resorts World Catskills Nongaming Assets, Shifting Focus to the Casino Floor In an important development for the region, the sale of non-gaming assets at Resorts World Catskills to a newly established Sullivan County corporation signals a strategic shift intended to refocus all energy on the heart of the property: the casino […]
Win Big for Reform: Join the High-Stakes Blackjack Tournament at Ocean Casino to Raise Millions for Criminal Justice Reform The Reform Alliance held its Casino Night & Gala in Atlantic City. The star-studded event raised around $20 million for criminal justice reform. The second Reform Alliance Casino Night & Gala in Atlantic City was once […]
The Future of Casino Entertainment: How Macau is Reimagining Virtual Live Shows Inspired by ‘ABBA Voyage’ Casinos in Macau are redefining the standards of casino entertainment by exploring a revolutionary approach to immersive experiences, specifically through virtual live performances. This concept would allow audiences to enjoy their favorite legendary acts—both past and present—from anywhere in […]
DOJ’s $5 Million Bitcoin Seizure Linked to SIM Swap Scams and Its Impact on the Crypto Casino Industry DOJ targets $5M bitcoin linked to SIM swap fraud Stolen crypto allegedly laundered through Stake.com casino accounts Case highlights vulnerabilities in SMS-based multifactor authentication SIM swap scams pose significant risks to the crypto casino industry, highlighted by […]
Washington Employee Stole $900K to Fund Gambling Addiction A former state employee of Washington has been sentenced to spend 18 months in federal prison for embezzling nearly $900K to fuel a severe gambling addiction. Understanding the Case Matthew Randall Ping, 48, admitted to stealing $878,115 while serving as a management analyst in the Washington State […]
Image by ivabalk from Pixabay Slot Machines Myths Busted: Do Casinos Loosen Slots on Fridays and Tighten Them on Sundays? Slot machines myths often lead players to wonder about the payout strategies in casinos. A common myth states that Las Vegas casinos adjust their slot machines to pay out more on Fridays and tighten up […]
FanDuel Settles with Jacksonville Jaguars for $5 Million Following $22 Million Sports Betting Fraud Case Jaguars recover partial funds after FanDuel settlement over fraud Team’s ex-finance manager Amit Patel sentenced for $22M theft Patel also sues FanDuel, citing gambling addiction exploitation The recent sports betting fraud case involving FanDuel has taken a dramatic turn. In […]
Bragg’s Strategic iGaming Expansion: Debt Financing Success and Cyber Breach Update Bragg Gaming Group secures new debt facility Cyber breach from August considered resolved after independent investigation Borrowing costs will be reduced by more than half compared to previous note debt Bragg Gaming’s recent debt financing marks a pivotal moment in its iGaming expansion strategy. […]
SIGA Appeals $1.175 Million FINTRAC Fine, Highlighting Critical Challenges in Casino Compliance The Saskatchewan Indian Gaming Authority (SIGA) has announced its decision to challenge a hefty $1.175 million fine imposed by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). This legal dispute highlights the intense complexities of maintaining strict casino compliance, as the […]