Today, shares of PlayAGS (NYSE: AGS), a prominent slot machine manufacturer, experienced a remarkable 26.56% surge in value, accompanied by trading volume 35 times higher than the daily average. This surge came in response to the announcement that the company…
Former president of prominent Las Vegas casinos, Scott Sibella, has been sentenced for money-laundering violations. In a federal court session held in downtown LA, US District Judge Dolly M. Gee delivered a sentence of one year’s probation and a $9,500…
The Western, once renowned as one of Las Vegas’s most daunting casinos to venture into, has resurfaced on the market, four years following the passing of its famed final proprietor. Richard Hsieh, father to the late Zappos CEO Tony Hsieh…
Since the Supreme Court invalidated the Professional and Amateur Sports Protection Act (PASPA) about six years ago, advocates of legalized sports betting have often cited the potential suppression of illicit wagering markets as a key rationale for its implementation. Despite…
J.B. Bickerstaff, the esteemed NBA coach of the Cleveland Cavaliers, has recently shed light on the challenges posed by the widespread legalization of sports gambling across the United States, a phenomenon impacting not only players but also referees, coaches, and…
A recent study reveals that a select group of video poker players, known as advantage players (APs), possess the expertise to diminish casino profits. Utilizing its innovative Video Poker Analyzer tool, Acres Manufacturing Company, a provider of cutting-edge customer loyalty…
In a recent incident at Oklahoma’s esteemed Remington Park Casino, an unsettling event unfolded, leading to the arrest of an alleged robber who terrorized a casino winner with the presence of a snake before absconding with their jackpot. The episode…
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…
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…