Thailand stands at a crucial crossroads as global experts and economists advocate for the legalization of casino resorts, suggesting that the kingdom could significantly enhance its tourism appeal and economic dynamism through well-regulated entertainment complexes. Bo Bernhard, Vice President of Economic Development at the University of Nevada, Las Vegas, recently visited Bangkok to meet with political leaders and economic scholars,...
International Game Technology PLC (IGT) has been selected to lead the LottoItalia consortium in a successful bid for Italy’s highly prized Lotto license, with the concession slated to extend through November 2034. Following a detailed evaluation process, the Judging Commission concluded its review of technical and financial submissions and is set to recommend LottoItalia—comprising IGT, Allwyn, Arianna 2001, and Novomatic...
Hillary Clinton has voiced her support for proposed changes to Northern Ireland’s charity lottery laws, highlighting the potential to bring vital funding into the region’s civil society. In a video message presented at a People’s Postcode Lottery event in Stormont, the former U.S. Secretary of State emphasized the importance of charity and civil society, both in Northern Ireland and globally. Potential for increased charitable...
Underdog Fantasy has made a notable comeback in New York’s daily fantasy sports (DFS) market, relaunching its draft-style contests just two months after withdrawing amid regulatory disputes. The operator’s return follows a $17.5 million settlement with the New York State Gaming Commission (NYSGC), which had previously deemed Underdog’s DFS offerings non-compliant with the state’s licensing requirements. The exit and reentry: In mid-March, Underdog abruptly pulled all its...
Slotmill’s legendary Avalanche Cluster Pays mechanics has returned in a bigger and bolder form as Ragnarok 40K, offering players the chance to win up to 40,000 times their bet. Set on a mystical 5×5 grid inspired by Norse mythology’s apocalyptic battle, Ragnarok 40K brings back the fan-favorite avalanche mechanic combined with a progressive win multiplier that doubles with every consecutive cluster win, driving players toward staggering...
A major proposal to build a $12 billion casino complex in Manhattan’s Hudson Yards near the High Line has been officially abandoned, following strong resistance from local residents, elected officials, and community groups. Wynn Resorts, partnered with Related Companies, announced on Monday, May 19, that it will no longer pursue a gaming license in New York City, citing “persistent opposition” and shifting investment priorities. Shift toward housing...
The Philippines’ once-thriving slot machine market has suffered a significant blow in early 2025, largely due to the government’s crackdown on Philippine Offshore Gaming Operators (POGOs), which officially ceased operations at the end of 2024. The repercussions have rippled across the country’s land-based gaming sector, dragging down revenues, disrupting supply chains, and prompting concerns about the viability of domestic manufacturers....
Bain Capital has officially initiated the sale process for Inspire Entertainment Resort in Incheon’s Yeongjong Island, a move driven not by strategy alone but by legal necessity. The resort’s operating entity, MGE Korea, is incorporated in the United Kingdom, triggering a requirement under British law for an open bidding process to establish the asset’s fair market value before ownership of...
Five English Premier League clubs are under scrutiny after the Gambling Commission issued formal warnings regarding their sponsorship ties to an unlicensed gambling operator. Bournemouth, Fulham, Newcastle United, Wolverhampton Wanderers, and Burnley have all maintained commercial relationships with betting brands affiliated with TGP Europe, a company that no longer holds a British operating license. Legal consequences and regulatory pressure: The Commission’s warning stems from TGP Europe’s recent regulatory failure,...
Nepal’s government has introduced a sweeping set of reforms through a proposed casino law that would alter how gaming establishments operate, fund, and partner with foreign entities in Nepal. These changes, embedded in the Integrated Tourism Bill currently under review in Parliament, aim to regulate the rapidly growing casino sector more tightly. However, some operators argue that the changes may discourage international investment rather than attract...