A federal court in Maryland has rejected Kalshi’s request for a preliminary injunction, marking the company’s first major legal defeat in its broader strategy to operate prediction markets nationwide under federal oversight. U.S. District Court Judge Adam B. Abelson issued the ruling on Friday, August 1, declining to halt Maryland’s enforcement of state gambling laws against Kalshi. The company, which operates a designated contract...
Marina Bay Sands Pte Ltd, the operator behind Singapore’s iconic Marina Bay Sands resort, has been fined SGD100,000 (approximately US$77,300) by the Gambling Regulatory Authority (GRA) for launching casino-related promotions without prior regulatory consent. This penalty, announced in GRA’s enforcement update for financial year 2025, stems from a violation of Regulation 3(1)(c) under Singapore’s Casino Control (Advertising) Regulations 2010. According...
Playtech has announced that it anticipates adjusted EBITDA of no less than €90 million for the first half of its 2025 financial year, according to a recent trading update. While this forecast reflects a sharp decline from the €243 million reported in the same period last year, the gaming technology supplier emphasized that the business has undergone substantial structural changes...
Grandview Casino in Macau’s Taipa district has officially closed, marking a significant step in the city’s transition away from its longstanding satellite casino model. The shutdown occurred just before midnight on July 31, and according to a statement from Macau’s Gaming Inspection and Coordination Bureau (DICJ), cited by Macau Daily Times, the entire process was executed in accordance with legal...
Amid mounting concerns over the integrity of professional sports in Ohio, Governor Mike DeWine has formally requested that the Ohio Casino Control Commission (OCCC) remove all player prop bets from the state’s list of permitted wagers. This move comes as two pitchers for the Cleveland Guardians — Luis Ortiz and All-Star closer Emmanuel Clase — have been placed on administrative...
Billionaire businessman Tilman Fertitta has decided to put his ambitious plans for a luxury casino resort on the Las Vegas Strip on hold, citing a potential conflict of interest with his substantial stake in Wynn Resorts. Fertitta, now also serving as the U.S. ambassador to Italy, owns a notable 13 million shares in Wynn Resorts, which equate to approximately 11.85% of the company. Given this...
Online casinos have one shot to make a good impression on visitors. According to UX research, most people decide whether they’re going to stay with an online casino or leave within the first 10 minutes. The opening moments are critical to turn one-time players into repeat members. Throughout this page, we’ll discuss why a fast and friction-free sign-up process is...
The National Indian Gaming Commission (NIGC) has reported a historic gross gaming revenue (GGR) of $43.9 billion for the fiscal year 2024, marking a $2 billion increase from the previous year. This record-breaking performance represents a 4.6% overall growth across the tribal gaming industry. Record-Breaking Year for Tribal Gaming Revenues “This year’s GGR reflects not only the resilience of the tribal gaming industry, but also...
Macau’s casino industry is thriving, as the Gaming Inspection and Coordination Bureau (DICJ) reports that gross gaming revenue (GGR) reached a remarkable MOP 22.13 billion (USD 2.73 billion) in July 2024. This marks a 19% increase compared to the same month in the previous year, setting a new record for post-pandemic performance. Casino Performance Surpasses Pre-Pandemic Levels July’s results also reflect a surprising boost...
Star Entertainment, the Australian casino operator, has suffered a significant setback with the failure of its deal to sell its 50% stake in the Queen’s Wharf Brisbane casino and hotel development. The agreement was intended to help the struggling company alleviate its financial troubles, but after months of negotiations, the Hong Kong-based partners, Chow Tai Fook Enterprises and Far East Consortium, terminated...