News
Resorts World Las Vegas Announces Leadership Shift Amid Corporate Reorganization
Resorts World Las Vegas is undergoing another significant leadership adjustment as the Strip’s newest multibillion-dollar resort continues fine-tuning its organizational structure. The company confirmed that former Nevada governor Brian Sandoval will now serve as chairman of its board of directors, stepping into a role previously held by longtime gaming executive Jim Murren. According to the […]
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Genting Bhd’s Takeover of Genting Malaysia Becomes Mandatory Following Increased Stake
Genting Bhd’s ongoing voluntary takeover offer to acquire its subsidiary, Genting Malaysia Bhd (GenM), has shifted from an unconditional voluntary offer to a mandatory takeover offer (MO) after Genting surpassed the 50% ownership threshold in the latter company. The change in the nature of the offer follows Genting’s acquisition of an additional 2.02% of Genting Malaysia’s shares […]
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SJM Profit Plunges 91% as Satellite Casinos Wind Down in Macau
SJM Holdings has reported a dramatic 91% decline in profit for the third quarter of 2025, with earnings falling to HK$9 million (US$1.16 million) compared to HK$101 million (US$13 million) in the same period last year. The steep downturn was largely attributed to the gradual closure of satellite casinos and a shrinking market share in Macau’s increasingly […]
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ESPN Stars Face Backlash for Promoting Allegedly Rigged Card Game
Several of ESPN’s biggest on-air figures are being criticized for promoting a mobile gaming app now accused of deceptive practices. Stephen A. Smith, Laura Rutledge, Mina Kimes, and others are facing intense backlash after endorsing Solitaire Cash, a real-money gaming app operated by Papaya Gaming, which is currently the subject of multiple lawsuits alleging that […]
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New York Bill Targets Prediction Markets with Stricter Oversight
A New York state lawmaker is taking steps to rein in the fast-growing world of prediction markets, proposing legislation that would create the first clear legal framework for platforms like Kalshi and Polymarket. Assemblyman Clyde Vanel (D), chair of the Assembly Banks Committee, has introduced Bill A.B. 9251 — a measure designed to impose oversight, […]
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Orange Gaming B.V. Approved to Launch Online Casino in the Netherlands
Orange Gaming B.V. has secured a license from the Netherlands Gambling Authority, allowing the company to legally offer online casino games in the country. This approval marks a key milestone as the operator enters the Dutch market with plans to offer compliant, transparent, and player-focused entertainment. Compliance-first strategy sets foundation The company’s leadership is clear […]
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DraftKings Set to Launch ‘DraftKings Predictions’ Amid Regulatory Scrutiny
DraftKings is preparing to make a major expansion beyond its traditional sportsbook operations with the introduction of a new platform called DraftKings Predictions, which will allow users to trade on the outcomes of sports events. The company confirmed that the product will debut “in the coming months,” signaling an ambitious move into the emerging prediction […]
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PENN and ESPN End Partnership Early, ESPN Bet to Be Rebranded as theScore Bet
PENN Entertainment and ESPN have officially ended their sports betting partnership, closing a deal originally valued at $2 billion and meant to last a decade. The two companies confirmed on Thursday, November 6, that their collaboration will end effective December 1, 2025, marking an early termination of what was once seen as a groundbreaking union between […]
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Estonia Aims for Gambling Growth with Lower Taxes
Many regulators and governments are squeezing the gambling industry and making it hard to turn a profit. However, Estonia looks to be going the other way, which may make it an enticing home to many betting companies. Estonia is planning to reduce its current tax rates from 6% down to 4%. The aim is to […]
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U.S. Casino Industry Faces Heavy Losses as Shutdown Continues
As the U.S. federal government shutdown extends beyond a month, casino operators and tourism leaders are warning that the impassecould severely disrupt one of the year’s most profitable periods. The shutdown, which began on 1 October 2025, has shaken consumer confidence, delayed travel plans, and dampened the optimism of a gaming industry already dealing with softer […]
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