Melco Resorts & Entertainment has confirmed that it will shut down its sole satellite casino, Grand Dragon Casino, along with three Mocha Club slot venues—Mocha Hotel Royal, Mocha Kuong Fat, and Mocha Grand Dragon Hotel—before 2025 comes to a close. The company stated this move aligns with its broader development objectives and complies with the legal framework set by Macau’s updated gaming regulations. Reassignment strategy...
So far, 2025 has been a dynamic year – and this includes some tectonic changes to global gambling laws. Governments are beginning to get a hold on the fast-growing digital platforms and their socio-economic impact. In 2024, Americans wagered over $148 billion on sports. This is a new, all-time record! And the rest of the world isn’t lagging too far...
Star Entertainment has warned that a proposed $400 million penalty from AUSTRAC could threaten its survival, as the Federal Court examines the casino operator’s ties to criminal-linked junket activities and systemic anti-money laundering failures. Links to suncity and organised crime: The proceedings, which commenced on Wednesday, June 4th, quickly moved behind closed doors to allow for private examination of Star’s chief financial officer Frank Krile. Star and...
Hong Kong is preparing to introduce legalized basketball betting, backed by overwhelming public support and a proposed 50 per cent tax on the operators’ net earnings. The initiative, currently under legislative review, aims to curb the widespread illegal betting market while introducing safeguards to protect vulnerable groups. Following a one-month consultation period in April, the Home and Youth Affairs Bureau...
What starts as a stereotypically grim office party at Baxter & Carlson Stationaries quickly spirals into utter madness in Shady Lady’s fourth online slot release, Office Party. With employees blindsided by news of mass layoffs, what could have been a dull Friday turns into an anarchic frenzy—complete with beer bottle flinging, explosive toilets, and a boss-shaped piñata dangling ominously from...
Music legend and business mogul Jay-Z is putting his money where his mouth is ahead of the 2025 NBA Finals, wagering $1 million on the Oklahoma City Thunder to defeat the Indiana Pacers in exactly five games. The high-stakes bet was placed through Fanatics Sportsbook, the betting platform he helped launch alongside Michael Rubin in 2023. If the Thunder manage...
Australia’s media and communications regulator has taken decisive enforcement action against four betting companies after investigations revealed violations of self-exclusion rules under the national BetStop register. The Australian Communications and Media Authority (ACMA) found that Buddybet, Ultrabet, VicBet, and Topbet all failed to comply with critical regulatory obligations designed to protect individuals who have voluntarily removed themselves from online gambling....
Circa Sports is preparing to unveil Kentucky’s largest retail sportsbook at The Mint Gaming Hall Kentucky Downs in Franklin, with an official opening scheduled for this summer. This exciting expansion is set to bring a cutting-edge betting experience to both Kentucky and Tennessee residents, especially fans in Nashville. The venue will span over 5,100 square feet, with numerous features designed to elevate the fan experience....
In a stunning turn of events, Osceola County Sheriff Marcos Lopez was arrested Thursday morning, on June 5, facing charges related to his involvement in a vast illegal gambling network. The sheriff, who gained recognition as the first Hispanic sheriff in Florida, was swiftly stripped of his badge and placed in handcuffs following a detailed investigation led by Homeland Security Investigations (HSI) and the Florida Department...
Crypto.com, the digital asset exchange, has escalated a legal battle against the Nevada Gaming Control Board (NGCB) by filing a lawsuit in federal court. The company is contesting the NGCB’s decision to block its trading of sports event contracts, asserting that such contracts are governed by federal law and not subject to state gaming regulations. A legal showdown over federal vs. state...