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Odds of Japan Passing a Casino Bill Lengthen, as Shinzo Abe’s Approval Rating Plummets

Japan casino bill Shinzo Abe

The Japan casino bill currently being drafted by the country’s National Diet might be losing support, as Japanese Prime Minister Shinzo Abe’s ongoing scandals continue to plummet his approval rating. Gambling expansion already spawns mixed feelings among the general public, but lawmakers in Abe’s ruling Liberal Democratic Party (LDP) have largely been committed to his…Read More

Caesars Seeks Shareholder Approval to Split Company’s Gaming Ops From Real Estate Investments

Caesars shareholders bankruptcy reorganization

Shareholders of Caesars Entertainment will gather in Las Vegas this week to decide the future of the company, and ideally, bring its bankruptcy process to an end. According to the Las Vegas Review-Journal, executives will make the case that it’s in everyone’s best interest to divide the corporation’s gaming operations from its real estate holdings….Read More

ESports Side-Betting Could Cause Regulatory Headache for Casinos Hosting Events

Esports tournament casino betting

ESports events are quickly growing into a cause celebre for the Las Vegas casino industry. And no surprise that these skill-based competitions, as they evolve, go hand-in-hand with a desire to bet on their outcomes. The casino industry is eager to embrace competitive video gaming, believing it provides a crucial platform for connecting with the…Read More

Arizona Tribal Casino Gets Final Approval, Gambling Venue Within Close Proximity of NFL Stadium

tribal casino Desert Diamond Phoenix

A tribal casino in Glendale, Arizona, operated by the Tohono O’odham Nation, can move ahead with its $400 million expansion and transform the Class II facility into a full-fledged gambling venue with slots and table games. That comes after the US Department of the Interior (DOI) approved changes to the gaming compact between the tribe…Read More

Billy Walters Prosecutors Push Judge for 10-Year Sentence for Insider Trading Activities

Billy Walters Insider Trading Case

Prosecutors in the Billy Walters insider trading trial have requested that a Manhattan federal judge hand down a 10-year prison sentence to the famed sports gambler, the maximum allowed under legal guidelines. Walters was found guilty in April of profiting by up to $43 million from illegal stock trades on Dean Foods, using sensitive information…Read More