Bally’s Corporation, an industry giant, released the information about the draft registration statement on Form S-1 with the Securities and Exchange Commission. The draft is confidentially submitted, and it is related to the planned Bally’s resort and casino in Chicago, precisely, its ownership interests. The statement is related to the proposed initial public offering of
Casino News
On May 8, Genting Malasyia Bhd, one of the world’s leading leisure and hospitality corporations and owner of Malaysia’s casino monopoly at Resorts World Genting, disclosed that it is raising MYR500 million in three tranches, which is approximately 112.6 million US dollars, to renovate and develop its IRs, involving those in Genting Highlands. Fund raising
Following a previous collaboration with UK-based Reflex Gaming and the release of the intriguing spinner Bugs Money, on May 4th, Yggdrasil, a Malta-based globally recognized iGaming provider, has once again joined forces with its longtime ally to officially release Purrfect Potions, a mystical feline-themed slot based on one of Reflex Gaming’s land-based game mechanic and
The reputable poker operator Everygame Poker will run another week of free spins rounds from May 8 to May 15 for all players placing deposits on two popular Chinese slots. But that’s not all! All players depositing Bitcoin will have a chance to double the usually awarded number of extra free spins! Indeed, all players
Osaka’s casino resort is the first in more ways than one. Not only will it be the first integrated casino resort in the whole of Japan, but now it has secured the highest-ever loan of JPY550 billion (US$4.1 billion). Many banks are involved: The government discussed this loan for almost a year. It was finally approved,
Illinois Gaming Board (IGB) has approved the relocation of Holywood Aurora and Hollywood Joliet casinos owned by Penn Entertainment. The parent company of the two suburban Chicago casinos and the Ameristar Casino facility located in Eastern Chicago received the approval to reconstruct Joliet and Aurora at more convenient locations. Significant Step: As KPVI reports, Penn
As Ukrainian News reports, the Cabinet of Ministers of Ukraine has suggested that the country’s legislature Verkhovna Rada suspend the Commission for Regulation of Gambling and Lotteries (CRGL) and automate the license issuance. Deputy Prime Minister for Innovation, Development of Education, Science, and Technology – Minister of Digital Transformation Mykhailo Fedorov reportedly announced the proposal
The Macau government recently announced some excellent news for the whole gaming industry in Macau. Gaming tax revenue in Macau in the March 2023 quarter is higher than it was in the same quarter last year. Successful first quarter: In March 2023, the government earned MOP$10.1 billion (or US$1.25 billion) from the gaming industry. Compared
Over the past year, over $350 million, 372 million dollars to be exact, in suspicious transactions have been discovered in Ontario casinos. Furthermore, according to critics, this trend needs immediate attention if the region is to avoid linking dirty money to its casinos. Continious reporting of suspicious transactions: The high number of suspicious transaction reports
Following the recent collaboration with Bang Bang Games and the release of the hit Shadow Raiders MultiMax™, on April 27th, Yggdrasil, a Malta-based globally-recognized iGaming provider, released Devour the Weak, a hell-themed slot featuring the underground, aka hell, where many different demons and beasts reside. A terrifying visual: True to its name, the main theme
Everygame Poker, the leading poker operator on the Horizon Poker Network, will run the free spins rounds from May 1 to May 8 and award players free spins on four exciting games provided by Betsoft. All depositing players will have a chance to be awarded free spins on Betsoft’s titles Back to Venus, Thai Blossoms,
The Australian Financial Review (AFR), reports that the sports wagering giant Entain has paid the $13,320 fine for accepting illegal bets during the LIV golf tournament. The fine for the violation of the Australian gambling law was imposed by Australian Communications and Media Authority (ACMA). 78 Illegal Bets Accepted: While the LIV golf tournament was
On Wednesday, April 26, the Virginia Lottery Board, Virginia’s gambling regulator, officially approved Caesars Virginia’s license application, making the operator officially the third approved casino operator in Virginia alongside HR Bristol and Rivers Casino Portsmouth. In addition, the operator will firstly operate from a temporary facility in Danville until its permanent facility is completed. Extensive
Having cleared Vermont’s House for approval of the Senate committees, the bill to allow sports betting passed Vermont’s Senate Finance Committee on Tuesday. As Sports Handle reports, the bill sustained certain amendments by Finance Committee to be forwarded to the Senate floor for full consideration and the likely signing into law. Bill Passes Final Stages:
Sheila Little, a woman from Clark County, Nevada filed a lawsuit against Wynn Resorts Ltd, a globally recognized developer of high quality hotels and casinos, claiming that “the company violated labor laws by pooling tips paid to slot machine attendants and sharing the money with their supervisors.” Violation of the Fair Labor Standards Act: Sheila
The State of Tennessee announced changes in the sports wagering market as its legislators passed the SB 475 Bill on Friday to change the state’s mobile sports betting tax system. The Bill will amend the existing tax rate of 20% imposed on adjusted gross revenue into a 1.85% tax generated from an operator’s handle. SB
Kindred Group plc, a famous global online gambling operator, keeps expanding across the North American continent. After signing an agreement with the Swinomish Tribe from Washington State in October last year, the long-awaited phase one is finally completed and ready to launch. Kindred’s brand Unibet and the Swinomish Tribe will work together to deliver the
The innovative software developer and iGaming content supplier, Big Time Gaming, launches rockets and handle meteors and stars in its latest release Over the Moon. The space-themed slot game set in an appealing interstellar environment offers some win-boosting features like Rocket Multipliers and Meteors to facilitate prizes of up to 100 times the player’s bet
The Registrar of the Alcohol and Gaming Commission of Ontario (AGCO) issued three operators with its Notices of Monetary Penalty. The penalty was issued because operators violated the Standards for Internet gaming related to game integrity. AGCO wanted to protect the gamblers and gamers in the province, and that led to the actions against three
BetEnt, which trades under the name BetCity.nl and has been owned and operated by Entain since January 2023, has been fined 400,000 euros, which is approximately $438.296, by the Kansspelautoriteit (KSA), the independent Dutch gambling regulator, for advertising towards young adults. The investigation: Following a report by the investigative consumer program Kassa that the online
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