In a bold response to heightened trade tensions with the United States, the Canadian province of Alberta has implemented a ban on the import of gaming equipment from US manufacturers. This decision, driven by US tariffs, marks a significant shift in the procurement policies of one of Canada’s leading gaming provinces and casts uncertainty on the future sales of major...
In a bold move that could significantly transform the economic landscape of Santee, South Carolina, Greenville businessman and casino developer Wallace Cheves has unveiled plans for a massive $1 billion casino resort in the region. This development hinges on the approval of state legislation and local support, as current state laws permit only limited forms of gambling, such as the state...
With the commencement of the Indian Premier League (IPL), there is a burgeoning shadow that grows alongside the popular cricket league—illegal online gambling. Recent reports from the Digital India Foundation have shed light on a concerning trend where the illegal betting market is not only flourishing but is also experiencing explosive growth, estimated at a staggering $100 billion annually with a growth rate of 30%. The...
On April 3, 2025, the Pennsylvania Gaming Control Board (PGCB) is set to conduct a significant public hearing concerning the renewal of the Category 1 Slot Machine Operator License for Greenwood Gaming and Entertainment, Inc., which operates Parx Casino in Bucks County. This event marks a crucial step in the state’s regulatory oversight and community engagement regarding casino operations. Engaging the community in the licensing process: Scheduled to...
Stakelogic Live has significantly bolstered its presence in the Swiss online casino scene through a strategic alliance with Jackpot.ch, the online platform operated by Grand Casino Baden, one of Switzerland’s top casinos. This collaboration introduces a bespoke Jackpot.ch branded 7-seat Blackjack table, fully integrated through Gamanza. This partnership highlights a key phase in Stakelogic’s expansion within Switzerland’s regulated iGaming market. A tailored and engaging blackjack experience:...
Investment banking firm Jefferies has revised its forecast for Macau’s gross gaming revenue (GGR) for the year 2025, setting the new expectation at MOP$240 billion (approximately US$30 billion). This adjustment reflects a 2% reduction from earlier predictions and aligns closely with the Macau government’s forecasts after a slower start to the year than anticipated. Analyzing market dynamics and visa policy impacts: This latest estimate predicts a 5.8% year-on-year growth in...
In a recent move to consolidate its position in the global casino market, Bally’s Corporation has extended a $250 million recapitalization offer to Australia’s Star Entertainment. This bid, aimed at acquiring a minimum 50.1% stake in Star, underlines Bally’s intent to play a significant role in the restructuring and stabilization of Star’s operations across Brisbane, Gold Coast, and Sydney. Soo...
In an unprecedented move in the U.S. casino industry, Bitline, in partnership with Choctaw Casinos & Resorts and fintech giant Everi, has introduced a groundbreaking cryptocurrency-based liquidity system. This collaboration marks a pivotal shift, integrating digital assets into the casino financial ecosystem for the first time in a regulated American market. Revolutionizing casino transactions: Through the integration with Everi’s CashClub, a leading financial suite for casino transactions, Bitline’s...
The Australian Communications and Media Authority (ACMA) has determined that Foxtel Cable Television Pty Limited breached gambling advertisement regulations during its coverage of an Australian Football League (AFL) match between Port Adelaide and Essendon in April 2024. According to the authority’s findings, a virtual banner promoting a gambling operator was displayed without an adequate responsible gambling message, violating the requirements...
Romania is moving forward with a legislative proposal aimed at curbing problem gambling by restricting individuals from wagering more than 10% of their previous month’s earnings. If enacted, this new measure will impact both online and physical gambling establishments, including casinos, sports betting, and slot machines. The draft bill, currently under review by Romanian lawmakers, would make financial institutions responsible...