The Los Angeles City Attorney’s Office has launched a sweeping civil lawsuit against Stake.us, its affiliated streaming platform Kick, company founders Ed Craven and Bijan Tehrani, and numerous gaming suppliers. Filed in California Superior Court, the complaint accuses Stake.US of running an illegal online gambling enterprise in violation of California’s Unfair Competition Law (UCL), False Advertising Law (FAL), and the Unlawful Internet Gambling Enforcement Act (UIGEA). Lawsuit...
India’s sweeping ban on paid online games has triggered massive changes in the local gaming industry, with Mobile Premier League (MPL) confirming significant layoffs across its India operations. The company will downsize by approximately 60%, impacting around 300 of its 500 employees in departments such as marketing, finance, operations, engineering, and legal. Ban Forces Drastic Workforce Reductions The move follows the government’s recent decision to outlaw...
Wynn Resorts (NASDAQ: WYNN) saw a modest rise in its stock price on Thursday, August 28, after Wall Street analysts signaled growing confidence in the company’s long-term growth. UBS analyst Robin Farley raised the stock’s rating from Neutral to Buy and increased the price target from $101 to $147, citing the company’s ambitious UAE development and strong performance in Macau. Al Marjan Island...
Macau’s casino sector delivered its best performance since the onset of the Covid-19 crisis, with gross gaming revenue (GGR) in August reaching MOP22.16 billion (US$2.76 billion). Data released by the Gaming Inspection and Coordination Bureau (DICJ) shows the figure rose 12.2 percent compared with August 2024, when operators generated MOP19.75 billion. It also edged above the MOP22.13 billion recorded in...
Thailand has been thrust back into political turmoil after Prime Minister Paetongtarn Shinawatra was formally dismissed from office by the Constitutional Court on Friday. The ruling, delivered by a 6-3 vote, concluded that she had committed a serious breach of ethics during a controversial phone conversation with former Cambodian leader Hun Sen. Her removal, just a year into her premiership,...
Travellers International Hotel Group Inc., a unit of Andrew Tan’s Alliance Global Group, has moved to take the lead in developing the $1.25 billion Westside Integrated Resort in Manila’s Entertainment City. The decision follows ongoing delays and financial pressure faced by its partner, Hong Kong-based LET Group Holdings, through its subsidiary, Suntrust Resort Holdings. Travellers Steps In to Accelerate Westside Development As reported by Inside Asian...
VSiN, the Las Vegas-based sports betting content network, has launched a new partnership with FanDuel Sports Network that will bring its programming to audiences across the United States. The agreement, announced Thursday, August 28, will see the debut of VSiN By the Books airing weekday mornings from 7 to 10 a.m. ET on the FanDuel Sports Network app and nine of its regional channels. FanDuel...
Sands China Ltd. has officially surpassed 1.1 billion cumulative visitors across its Macau properties, a major achievement that coincided with the 18th anniversary of its flagship resort, The Venetian Macao. The milestone was celebrated on Thursday with a special welcome ceremony, reflecting both the company’s two-decade legacy in Macau and its growing role in shaping the city’s international tourism profile....
Legal sports betting on the NFL is poised to reach unprecedented levels this year, with Americans expected to stake approximately $30 billion through regulated sportsbooks across the United States. The estimate, released by the American Gaming Association (AGA), marks an 8.5% jump from last season’s revised figure of roughly $27.5 billion. The AGA calculated its forecast using industry-wide wagering growth...
Hacksaw Gaming’s Miami Mayhem transports players straight into the heart of 1980s-inspired Miami, where flashing neon lights, palm-tree silhouettes, and pastel cityscapes serve as the backdrop for a gritty underworld. Drawing heavily from the atmosphere of Miami Vice and crime-thriller video games like Grand Theft Auto, this online slot captures the tension of shady deals, street-level gangs, and fast-paced action....