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Lenders who financed Mohegan Gaming & Entertainment’s (MGE) South Korea resort have demanded immediate repayment, raising concerns about the company’s stake in Mohegan Inspire. The issue came to light during MGE’s fourth-quarter earnings call, where Chief Financial Officer Ari Glazer…

Wynn Resorts Ltd is focused on developing Wynn Al Marjan Island in the United Arab Emirates while keeping an eye on potential casino expansion in Thailand. CEO Craig Billings confirmed that the company remains engaged in Thailand but emphasized that…

Okada Manila Expands Online Gaming While Facing Lower Earnings Universal Entertainment Corp plans to grow its online gaming platform in the Philippines through its subsidiary, Tiger Resort, Leisure and Entertainment Inc (TRLEI). The parent company of Okada Manila confirmed that…

Lawmakers in Indiana are holding off on legalizing online gambling (iGaming) and lottery sales, delaying any progress until at least the next legislative session. House Speaker Todd Huston confirmed that the proposed bill, which aimed to introduce legal online gaming…

With the issuance of nine cease-and-desist letters to unlicensed online platforms, the Michigan Gaming Control Board (MGCB) has taken firm action against illegal gaming enterprises. These illicit businesses provided gambling services for horse races and sporting events, as well as…

On February 12, Texas Representative Sam Harless introduced House Joint Resolution 134, aiming to amend the state’s constitution and legalize sports betting for eligible residents. If approved, the resolution would need to pass both the House and Senate before heading…

A bill that could have made Fairfax County eligible for a casino development has been temporarily set aside by Virginia lawmakers. Senate Bill 982, introduced by Senate Majority Leader Scott Surovell, passed the Virginia Senate with a 24-16 vote. However,…

Strong revenue growth is seen in DraftKings’ financial statistics for the fourth quarter and full year of 2024, which were revealed recently. The company’s FY2024 revenue of $4.8 billion was a 30.1% increase over FY2023 revenue. DraftKings’ net loss decreased…

The fourth quarter and full year financial figures of 2024 have been made public by Wynn Resorts, which showed a 9.1% increase in total operating revenue to $7.13 billion. In spite of this, the business’s net income fell by 31.4…

Online casino operators juggle multiple responsibilities, from managing their business to staying compliant and offering fresh gaming content. Keeping up with these demands can be overwhelming, which is why many turn to iGaming aggregators for support. An iGaming aggregator connects…