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At the annual Gambling Anti-Money Laundering Group (GAMLG) training event, Betting and Gaming Council (BGC) CEO Grainne Hurst addressed industry leaders about the rising threat of illegal gambling. She emphasized the importance of a united response to prevent financial crimes…
The $620 million sale of Plarium Global, Aristocrat Leisure Ltd.‘s mobile gaming branch, to Modern Times Group (MTG) has been finalized. A further $170 million payout is also included in the agreement if Plarium reaches certain sales goals by 2028.…
A recently established group is opposing the expansion as more states consider legalizing online poker and gaming. Regional casino operators make up the National Association Against iGaming (NAAiG), which is warning about the negative social and economic effects of iGaming.…
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,…