In the wake of escalating geopolitical tensions and shifting economic policies, major U.S. casino operators such as Wynn Resorts, Las Vegas Sands, and MGM Resorts International are being compelled to reassess their financial strategies. Their substantial operations in Macau, a region now fraught with heightened risks due to U.S.-China relations, lie at the heart of these strategic adjustments. Enhanced risk management in financial strategies: Recent policy...
Fairmount Park, a storied racetrack in the Metro East area of St. Louis is set to revolutionize the Illinois gaming and racing industry by introducing a new casino complex, marking its transformation into the state’s first racino. This historic enhancement aims to merge traditional horse racing with contemporary gaming amenities. Integrating slots and racing: The new facility at Fairmount Park will feature...
Scheduled for a grand opening in the third quarter of 2025, Resorts World Sentosa is set to enhance its luxury hospitality offerings with the introduction of The Laurus, the first resort in Singapore under the prestigious The Luxury Collection by Marriott International. A beacon of sophisticated luxury: The Laurus, symbolizing luxury and achievement, aligns with The Luxury Collection’s ethos of offering exceptional hospitality and a gateway...
The Grand National is expected to witness an alarming rise in illegal betting, with industry analysts projecting that nearly £10 million will be wagered through unregulated channels. This surge in illicit gambling raises concerns over player safety, tax revenue losses, and financial threats to the horse racing industry. The Betting and Gaming Council (BGC), representing over 90% of the UK’s licensed...
Hawaii is on the verge of a significant shift in its long-standing stance against gambling, as a bill to legalize online sports betting moves closer to approval. While it won’t take effect in time for this year’s NCAA Final Four, House Bill 1308 (HB 1308) has made unprecedented progress through the state legislature, garnering support from lawmakers who argue that...
Sweden’s parliament, the Riksdag, has made a significant decision to end land-based casino gambling in the country, with the closure of the remaining Casino Cosmopol location in Stockholm slated for January 2026. This move follows growing concerns about the profitability and relevance of physical casinos in the face of rising online gambling trends. Svenska Spel, the state-owned operator, currently runs the Casino Cosmopol brand and...
A contentious proposal to decouple Thoroughbred racing from gaming licenses in Florida has taken a step forward, despite overwhelming opposition from the state’s horse racing community. On April 1, the Florida Senate’s Regulated Industries Committee approved Senate Bill 408 with a 5-2 vote, setting the stage for further legislative battles. While proponents argue the bill provides a structured transition, opponents,...
Boyd Gaming Corp. officially began the construction of its newest local casino, Cadence Crossing, on Thursday, April 3, 2025, marking the start of an exciting new phase for the Henderson area in Nevada. Situated near the existing Jokers Wild Casino on Boulder Highway, the groundbreaking ceremony was a memorable occasion, attended by executives from Boyd Gaming, Henderson city council members, and leaders from...
Enjoy, a prominent player in the Chilean casino industry, has formally requested the termination of its operating permits for casinos in Coquimbo, Viña del Mar, and Pucón. These permits were granted in 2018 but have become increasingly costly for the company, which is currently undergoing a restructuring process. The news, which was disclosed through Enjoy’s financial statements, has sparked discussions regarding the company’s...
The Michigan Gaming Control Board (MGCB) has ramped up its efforts to protect state residents from illegal gambling, issuing cease-and-desist orders to 11 offshore casinos operating without the necessary state licenses. These online platforms, which include Shazam Casino, Highway Casino, SlotsRoom, Ruby Slots Casino, Las Atlantis Casino, Bet Big Dollar Casino, Blood Moon Casino, Spinfinity, Jumba Bet Casino, Grand Eagle Online Casino, and DogsFortune,...