Casino and gambling Industry News & Business Insights

Casino Sues Over Unpaid Gambling Debt
Grant MitchellBy: Grant Mitchell

Mohegan Sun Suing Ex-Universal Studios Exec for $2.8 Million of Unpaid Debt

Court documents state that he covered $5 million in losses with casino markers, the majority of which could not be cashed.
Judge Blocks Land Transfer for Tribal Casino
Grant MitchellBy: Grant Mitchell

Federal Judge Overrules Approval for Koi Nation’s California Casino

The Koi Nation’s primary enemy in its pursuit of a casino build site was another native group, the Graton Rancheria Tribe (FIGR).
Pawn Stars Star Blasts Vegas Prices
Grant MitchellBy: Grant Mitchell

Pawn Stars’ Rick Harrison Blasts Rising Costs in Las Vegas, Blames Casinos

Hotel occupancy and the average hotel room cost are down 6.5 and 6.6 percent, respectively, per the Las Vegas Convention and Visitors Authority.
Anti-Gambling Texas Lt. Gov. Seeking Reelection
Grant MitchellBy: Grant Mitchell

Texas’ Anti-Gambling Lt. Gov., Dan Patrick, Seeking Fourth Term

Patrick, who already served 12 years in his current position, is a staunch opponent of legalized casino gambling and sports betting in the Lone Star State.
Stake Draws Ire of LA
Grant MitchellBy: Grant Mitchell

Los Angeles Submits Lawsuit Against Stake.US, Kick, and Gaming Suppliers

City Attorney Hydee Feldstein Soto also said that Stake.US’s platform mimics its international platform, Stake.com, which is not authorized to operate in most states.
Stake Draws Ire of LA
Grant MitchellBy: Grant Mitchell

STUDY: Illegal Platforms Accounts for 71% of EU Gambling Activity

The report noted that 92 percent of gambling-related content presented to EU consumers was linked to illegal operators.
Times Square Casino Makes Pledge
Grant MitchellBy: Grant Mitchell

Times Square Casino Pledges $15 Million to Build Civil Rights Museum

The pledge was championed by Rev. Al Sharpton, a renowned social justice activist and the founder of the National Action Network civil rights organization.
Fanatics Secures Boyd, Missouri Partnership
Grant MitchellBy: Grant Mitchell

Boyd Gaming Partners With Fanatics for Missouri Sports Betting Launch

The deal between Boyd Gaming and Fanatics comes about three weeks before the first deadline, Sept. 12, for tethered license applicants.
Resorts World NYC Has Successful First Public Hearing
Grant MitchellBy: Grant Mitchell

Public Praises Resorts World New York City Casino In First License Meeting

The casino proposal received strong public support from local leaders, officeholders, and groups during its first public hearing last Wednesday.
Pennsylvania iGaming Produces Records
Grant MitchellBy: Grant Mitchell

Pennsylvania July Gaming Revenue Soars Thanks to 31% YoY iGaming Growth

The continued growth of the state’s gaming market was powered by a dominant month of iGaming, which reached $228.2 million in adjusted gross gaming revenue.