In a recent legal development, a Malaysian individual has confessed to participating in a scheme aimed at defrauding the Marina Bay Sands casino of a substantial sum totaling S$433,730 (US$315k) through strategic manipulation of baccarat games, purportedly facilitated by a…
In a decisive move, the Chinese government has issued a stern caution to its citizens regarding the engagement in gambling activities within casinos located beyond the borders of China, citing such actions as a direct infringement of national legislation. The…
In February, Atlantic City experienced a downturn in casino revenue, marking the second consecutive month of year-over-year decline in the market’s monthly earnings. Regulated by the New Jersey Division of Gaming Enforcement (DGE), which oversees all gaming activities in the…
In recent developments, questions have arisen regarding the ties between the new operator of the UK National Lottery, Allwyn, and Russian financial entities. A report by The Guardian reveals that the UK Gambling Commission (UKGC) did not initially disclose to…
A Florida resident has been handed a six-and-a-half-year prison sentence for embezzling $22 million from the Jacksonville Jaguars to support an extensive gambling habit. Amit Patel, aged 31, was convicted of wire fraud and engaging in illegal monetary transactions concerning…
In the realm of chance and fortune, 2024 has ushered in a narrative of anticipation for lottery enthusiasts across the United States. As we reflect on the previous year, where Mega Millions and Powerball jackpots found their fortunate winners multiple…
Iran’s Intelligence Ministry announced on Saturday a significant breakthrough in their ongoing efforts to combat illicit online activities, revealing the dismantling of what they described as the largest organized online gambling network targeting Iranian citizens. Dubbed Nitro Bet or “Nitrobet,”…
The eagerly anticipated Grand Island Casino Resort, a prominent addition to Nebraska’s gaming landscape, is set to unveil its doors at Fonner Park in the first quarter of 2025. Representing a significant investment of $100 million, this venture by Iowa-based…
During a session with the Nevada Gaming Control Board (NGCB) on Wednesday, executives from Bally’s (NYSE: BALY) addressed regulators, outlining efforts to address a financing gap of $800 million for its forthcoming permanent Chicago casino. Out of the estimated $1.1…
PlayAGS (NYSE: AGS) has recently announced fourth-quarter earnings and revenue figures that closely align with its previously disclosed guidance, showcasing a robust performance. Looking ahead, there’s considerable potential for the slot machine manufacturer to assertively capture market share amidst ongoing…