New research presented at the University of Nevada, Las Vegas’ 2026 International Conference on Gambling & Risk Taking has examined why conventional measures such as house edge and variance do not always capture the full risk profile of blackjack. Chase McCloskey presented “Skewness, Kurtosis, Omega, and Risk of Ruin in Casino Blackjack” on May 26 at the conference in Las...
Michigan has had a soaring year in online gambling in 2025, so much that it’s now one of the big players on the national stage. You can see the effects everywhere, from all that extra money in the state budget to big debates at the statehouse over budgets and taxes. Anyone who studies gambling markets, especially on a global scale,...
The proposed Black Marlin Casino has cleared a key local hurdle after the Biloxi Planning Commission unanimously approved the project’s master plan, rezoning request and removal of 28 protected trees. RW Development presented the 119,000-square-foot casino resort during the commission’s Sept. 3 meeting. The development would occupy an 11-acre site around U.S. 90 and Veterans Avenue, where the Big Play...
New Zealand’s new technical standards for online casino gambling came into force on 8 July 2026, introducing formal requirements for random-number generation, game pacing and the way online casino games behave under the country’s developing regulated regime. The Online Casino Gambling (Minimum Standards) 2026, issued by the Department of Internal Affairs, requires game results to be acceptably random, prohibits adaptive...
The NCAA has concluded its investigation into the University of Cincinnati’s handling of former quarterback Brendan Sorsby’s sports betting activity, determining that the school and its football program did not violate NCAA rules. The decision brings an end to months of scrutiny that followed revelations about Sorsby’s extensive gambling activity during his collegiate career. The former Bearcats quarterback, who played...
Hundreds of employees at Encore Boston Harbor walked off the job Friday after negotiations over a new labor agreement failed to produce a deal, marking the start of a strike involving workers represented by two major unions. The labor action follows months of discussions between Wynn Resorts and representatives from UNITE HERE Local 26 and Teamsters Local 25. The unions...
German gaming operator Merkur has agreed to acquire a controlling position in Société Française de Casinos (SFC) through the purchase of a majority interest in Casigrangi, the holding company behind the Le Stelsia casino group. The transaction would strengthen Merkur’s presence in France and could ultimately result in SFC being removed from the Euronext Paris stock exchange. According to Dealroom,...
Bally’s Corporation is searching for a new chief financial officer after Mira Mircheva left the position for personal reasons, adding a leadership change to a period of financial and legal pressure for the gambling company. The company announced Mircheva’s departure Thursday and appointed George Papanier, its president of land-based casinos, as interim CFO. Papanier has spent more than two decades in...
Wynn Macau Ltd has marked its 20th anniversary in Macau by granting 35.98 million new shares worth approximately HK$204 million (US$26 million) to more than 11,000 employees and other eligible participants. The one-time award was made on September 3 under the company’s Employee Ownership Scheme. Based on Wynn Macau’s HK$5.67 closing share price on the grant date, the shares carried an aggregate...
Veikkaus is preparing for Finland’s upcoming gambling market reform with a new round of change negotiations that could reshape parts of its workforce. The state-owned operator submitted its negotiation proposal on September 2, covering the Data & AI unit, two business units and finance teams. The process could result in 15 current positions ending, while 17 new roles are planned...