World's online gaming authority since 1995

Gaming Business News

When gaming operators play “Let’s make a deal,” it’s serious business. Find out about the latest acquisitions and mergers, and how it will impact the gambling universe at large.

Atlantic City Casinos See Revenues Jump Eight Percent in September, Online Gaming Fuels Growth

Atlantic City casinos revenue September

Atlantic City casinos won $235.8 million in September, a nearly eight percent surge compared to the same month in 2016. Land-based revenues totaled $215.4 million, a 2.4 percent bump, and with internet gaming win of $20.4 million factored in, the seven properties’ net take increased 7.9 percent. Year to date, total gaming win for the…Read More

$24.1 Million Winning New York State Lottery Ticket Found Just 48 Hours Before Expiration

New York lottery ticket found

A New York State winning $24.1 million lottery ticket was found stuffed in an old shirt pocket along with dozens of other lotto slips just two days before the ticket was set to expire. On May 24, 2017, with less than 48 hours to spare, Jimmie Smith, a 68-year-old resident of East Orange, New Jersey,…Read More

Maryland Casinos Esports Play Looks to Boost Already Healthy Business

Esports

Maryland casinos might be looking to get competitive with esports and skill-based gaming. The state’s committee on gaming oversight met last week to discuss the subjects with representatives of gaming corporations and they could soon be in the state’s six casinos. The last time this joint legislative committee met was in 2016 when they discussed…Read More

UK Lawmaker Opens Inquiry into Loot Boxes in Video Games

Star Wars Battlefront 2 loot box

A member of parliament in the United Kingdom has opened an inquiry into the practice of including “loot boxes” in video games, further intensifying the growing scrutiny over whether these transactions need to be regulated as gambling. Labour MP Daniel Zeichner, who represents Cambridge, submitted two questions to Karen Bradley, the Secretary of State for…Read More

New Jersey Enters Online Gaming Player Liquidity Compact With Nevada and Delaware, Will Allow for Expanded Play

online poker New Jersey compact

Anyone who’s regularly played online poker in one of the three states where it’s legalized has experienced the problem of inadequate player pools (known as “liquidity”), but that will be at least partially alleviated now that New Jersey is joining Nevada and Delaware in sharing such pools. New Jersey, the internet gambling state with by…Read More

Boston Cop Feeds Bank Robbery Evidence into Slot Machines, Charged with Money Laundering

Boston Police officer Joseph Nee charged with money laundering

A police officer from Boston, Massachusetts has been indicted on charges of money laundering and theft for allegedly stealing cash from the evidence room before hitting Plainridge Park Casino. Until recently, Joseph Nee, 44, a 19-year Boston Police Department veteran, worked at the department’s evidence management unit. He is accused of taking around $2,000 from…Read More

MGM Cotai Focuses on Mass Market, Set to Open Without VIP Tables

MGM Cotai mass market

MGM Cotai will open next year after being delayed from the fourth quarter due to August’s Typhoon Hato that caused nearly $2 billion in damages to infrastructure throughout Macau. When it does finally welcome its first guests in 2018, the casino resort will focus on more of the mass market than the high roller VIP,…Read More

Japan’s Wakayama Prefecture Delays Unveiling of Grand Casino Plan

Wakayama prefecture delays casino plan

Japan’s Wakayama prefecture will delay the announcement of its “Master Plan” for an integrated resort until March due to the forthcoming general election, the regional government said this week. The prefecture is determined to be a part of a future casino industry, despite the likelihood that a limited number of licenses will be issued which…Read More

Twitter Could Be The Key to Successful In-Play Sports Betting, Says Study

Twitter key to sports betting success, say scientists

Twitter is a better predictor of sports results than bookmakers’ odds, thanks to the “wisdom of crowds” effect, scientists said this week. A new study, published in the Economic Enquiry, has found that collective public sentiment on Twitter during a game is able to predict the eventual outcome with astonishing accuracy. Researchers at the University…Read More

‘Loot Boxes’ Not Gambling, Says US Video Games Regulator

“Loot Boxes” not gambling, says ESRB

“Loot-boxes” have become a divisive issue in the video-gaming world in recent months but they do not constitute gambling, according to the Entertainment Software Rating Board (ESRB), the industry self-regulator. These are the consumable in-game boxes that offer the player randomized chances to win more virtual items or skills. They have traditionally existed as a…Read More

Zappos to Cover Las Vegas Shooting Funeral Costs, Victim Fundraising Tops $15 Million

Zappos Las Vegas shooting fundraiser

Online retailer Zappos is offering to pay for the funerals for all 58 victims of the October 1 Las Vegas shooting. In a statement to the Las Vegas Sun, Steven Bautista, who oversees the company’s “Zappos for Good” program, said the company isn’t using its charitable funds to cover immediate memorial services. Instead, Zappos is…Read More

Pennsylvania Sands Bethlehem Has New Investment Suitor, Bid Expected Within 30 Days

Sands Bethlehem possible sale

The Sands Bethlehem, Pennsylvania’s largest and most profitable casino, has become the acquisition target of New York investment firm Keating & Associates LLC. The company, which also recently made a bid of $225 million for the former Revel Hotel & Casino in Atlantic City, says it will make an offer for the Sands within the…Read More

Puerto Rico Casino Resorts Provide Relief, as President Trump Threatens to Cut Off Aid

Puerto Rico casinos Hurricane Maria

Almost 90 percent of Puerto Rico remained without power this week, more than three full weeks since Hurricane Maria, a Category 5 storm and the 10th-most intense Atlantic hurricane on record, struck the US territory. Maria made landfall on Puerto Rico on September 20. The powerful cyclonic storm caused catastrophic damage, and resulted in a…Read More

Lawrence Ho’s Melco Resorts Boasts Japanese Relationships in Casino Resort Bid

Melco Resorts Lawrence Ho Japan casino

Melco Resorts and Entertainment, a casino resort developer headquartered in Hong Kong, is trying to convince lawmakers in Japan that it has long been a close friend of the Asian country. Melco officials are campaigning to land one of two expected integrated casino resort licenses. In a press release issued this week, the corporation explained…Read More

Crown Resorts High Rollers Return One Year on from China Arrests

Crown Resorts VIPs return after China arrests

VIP gamblers are slowly returning to the Crown Melbourne, according to a note by Morgan Stanley that comes a year to the day that a group of Crown employees were arrested in China on suspicion of marketing gambling to Chinese citizens. Seventeen Crown employees and two former employees were detained in night-time raids in at…Read More