GAMBLING
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Melco Resorts Expansion Continues With Sri Lanka Partnership
Posted on: May 1, 2024, 12:00h. Last updated on: May 1, 2024, 12:00h. Melco Resorts & Entertainment Limited has secured market entry in Sri Lanka through a partnership with John Keells Holdings, the largest publicly traded conglomerate on the Colombo Stock Exchange. City of Dreams Sri Lanka will feature a casino run by Melco Resorts. The $1 billion integrated resort…
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Las Vegas Overstated F1 Race’s Vegas Impact — Report
Posted on: April 13, 2024, 12:29h. Last updated on: April 13, 2024, 12:57h. The marketing firm paid by the Las Vegas Convention and Visitors Authority (LVCVA) exaggerated the benefit to Las Vegas of hosting the first Formula 1 Las Vegas Grand Prix, according to a new report. A.I renders an image of F1 drivers throwing money out of their cars…
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Century Casinos Stock Punished Too Harshly, Says Analyst
Posted on: April 10, 2024, 05:03h. Last updated on: April 10, 2024, 05:03h. Shares of Century Casinos (NASDAQ: CNTY) joined the broader gaming equity complex to the downside Wednesday as the March reading of the Consumer Price Index (CPI) came in higher than expected, indicating inflation is proving more persistent than economists hoped. Rocky Gap Casino Resort in Maryland. An…
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South Carolina and UConn Favored in NCAA Title Games
Posted on: April 7, 2024, 10:23h. Last updated on: April 7, 2024, 10:23h. The women’s and men’s March Madness tournaments are down to the final four teams. Iowa’s Caitlin Clark (22) plays her final college basketball game today in the NCAA women’s national championship game against top-seeded South Carolina. Clark hopes to cap off her historic year by cutting down…
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Florida Allocates Seminole Casino Money to Environment
Posted on: April 4, 2024, 04:49h. Last updated on: April 4, 2024, 04:49h. Florida Gov. Ron DeSantis (R) on Thursday signed legislation requiring most of the state’s money received from its Class III gaming compact with the Seminole Tribe be used for environmental initiatives. Florida Gov. Ron DeSantis signs legislation earmarking revenue received from the state’s gaming compact with the…
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Aussie Soccer Team Suffers Vegas Hangover
Posted on: March 29, 2024, 05:02h. Last updated on: March 29, 2024, 05:23h. Fallout from an end-of-season recreational trip to Las Vegas late last year has resulted in the separation of more than one member of Australia’s Brisbane Lions soccer team from their romantic partners, reports Britain’s Daily Mail. Every member of the Brisbane Lions is smiling in this photo…
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Bally’s Credit Rating Downgraded Further Into Junk Status
Posted on: March 26, 2024, 04:36h. Last updated on: March 26, 2024, 05:04h. Bally’s (NYSE: BALY) credit rating was downgraded further into junk territory and the outlook on that grade was lowered to “negative” from “stable” by Moody’s Investors Service on Monday. Bally’s temporary Chicago casino at Medinah Temple. The operator’s credit rating was lowered by Moody’s. (Image: Axios Chicago)…
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Improper Roulette Play Leads to Charges
Posted on: March 20, 2024, 05:08h. Last updated on: March 20, 2024, 05:08h. Four arrests have taken place after two nefarious roulette plots recently came to light in different locations. A roulette wheel, pictured above. Two roulette plots led to arrests. (Image: Investors Digest) A cheating scheme occurred at a roulette table at Rivers Casino Pittsburgh and unrelated tampering occurred…
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Diamond Inn Auction Fails to Find Buyer for Las Vegas Strip Motel
Posted on: March 17, 2024, 03:27h. Last updated on: March 17, 2024, 03:27h. An auction for the former Diamond Inn Motel on the Las Vegas Strip’s southern end failed to find a buyer willing to pony up the $12.5 million minimum asking price. An aerial view of the shuttered Diamond Inn in Las Vegas. A recent auction for the motel…
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Iran Breaks Up Vast Online Gambling Network, Points Finger at UK
Posted on: March 11, 2024, 04:57h. Last updated on: March 11, 2024, 05:11h. Iran’s Intelligence Ministry said Saturday it had “identified and destroyed” the largest organized online gambling and betting network that targeted citizens of the Islamic Republic. Iran claims that the Nitro Bet network operated with the tacit approval of the British government. (Image: Reuters) The ministry accused the…
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