News
Russia Eyes Major Shift in Casino Oversight With New Inspection Policy
The Russian Ministry of Finance has put forward a proposal that could significantly change how the country’s gambling sector is supervised. Under the suggested reform, licensed bookmakers and casinos operating within designated gambling zones would no longer be subject to regular on-site inspections. Instead, authorities would rely solely on preventive visits to monitor compliance—an approach already used in […]
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NCAA Reportedly Closer to Lifting Ban on Professional Sports Betting
The NCAA is reportedly edging closer to a pivotal change in its stance on sports betting, with a proposal in motion to lift its longstanding prohibition on wagering on professional sports by athletes, coaches, and staff. Enforcement burden and shifting priorities: According to a Sports Illustrated report, momentum is building within the organization, with the Division I […]
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MGM Resorts Reaches New Contract with CEO Bill Hornbuckle, Extending Tenure Until 2028
MGM Resorts International has announced the renewal of CEO Bill Hornbuckle’s contract, ensuring his continued leadership through December 31, 2028. This new agreement also includes a special advisory role for Hornbuckle, who will assist with the company’s integrated resort project in Osaka, Japan, after his tenure as CEO concludes. Continued leadership amid global expansion: The extended […]
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Light & Wonder Posts Strong Q1 2025 Results Amid Global Challenges
Light & Wonder, Inc. (LNW), a global leader in gaming and digital entertainment, reported robust financial performance for the first quarter of 2025, continuing its streak of growth. The company posted consolidated revenue of $774 million, marking a 2% increase from the same period last year. This represents the 16th consecutive quarter of year-over-year revenue growth, a testament […]
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Genius Sports Reports Strong Q1 2025 Growth, Led by Betting Segment
Genius Sports has posted a robust performance for the first quarter of 2025, with total group revenue rising 20% year-over-year to $144 million. The company’s Betting Technology, Content & Services segment was the primary driver, growing 44% to $106.5 million due to successful contract renegotiations and pricing increases across existing clients. Revenue growth offset by media segment decline: CEO Mark Locke hailed […]
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Ryan Seacrest Sued Over Chumba Casino Promotion Amid Allegations of Illegal Gambling
Ryan Seacrest, the renowned host of American Idol and Wheel of Fortune, is being sued over his involvement in promoting Chumba Casino, an online social slot game app, which is accused of operating illegally in California. The lawsuit, filed by Aubrey Carillo, claims that Seacrest’s endorsement of Chumba Casino led to financial losses and contributed to the rise of gambling addiction. […]
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Genting Malaysia Acquires Full Control of Empire Resorts, Expanding New York Presence
Genting Malaysia Bhd has announced its decision to acquire the remaining 51% stake in Empire Resorts Inc. for US$41 million (RM177 million), gaining full control of the loss-making gaming operator. The acquisition will increase Genting Malaysia’s ownership of Genting Empire Resorts LLC (GERL), which owns Empire Resorts, a company already partially under Genting’s control. The transaction includes a debt assumption of US$39.7 million from Kien Huat […]
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NBA Presses CFTC for Oversight as Prediction Markets Expand Rapidly
Over the past several months, the National Basketball Association has intensified its scrutiny of sports prediction markets, becoming the second major U.S. league to formally raise concerns with the Commodity Futures Trading Commission (CFTC). In a detailed letter, the NBA urged the federal regulator to impose stricter oversight on exchanges like Kalshi, Robinhood, and Crypto.com, citing significant integrity threats posed by unregulated or […]
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Rad Maxx Slot Debuts 4-Way Wins and Wild Frenzies from Hacksaw Gaming
Rad Maxx is the latest online slot from Hacksaw Gaming and serves as a creative sequel to the studio’s hit title RIP City launched in 2023. The game reintroduces Maxx the Mouse and Ro$$ the Cat, now cast in a high-energy alleyway showdown. This time, however, Maxx takes the lead role in a slot that breaks away from conventional […]
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Tulalip Resort Casino Nears Major Expansion Milestone, Full Renovation by 2026
Tulalip Resort Casino in Washington State is approaching a key milestone in its multi-phase transformation, with the opening of a sweeping new addition slated for July 2025. This 70,250-square-foot expansion on the north side of the existing facility marks a pivotal stage in a broader effort to redefine the casino’s footprint and visitor experience. Once […]
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