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Star Entertainment fined A$260m for breaching AML rules
Casino

Star Entertainment fined A$260m for breaching AML rules

Australian casino operator The Star was fined over A$260m by Federal Court for anti money laundry and counter-terrorism financing breaches. On Wednesday the ruling was published, reporting that The Star Entertainment Group failed to maintain a compliant AML/CTF program, failed to monitor customers…

thegamblest
Light & Wonder debuts ‘Gremlins’-themed slot game
Casino

Light & Wonder debuts ‘Gremlins’-themed slot game

Casino equipment and digital gaming content provider Light & Wonder Inc has announced the launch of “Gremlins”, a new slot game based on the 1984 Warner Bros. film of the same name. The game, developed in partnership with Warner Bros. Global Experiences, features characters from the film franchise,…

GGRAsia
MGM says strong October in Macau follows record quarterly market share
Casino

MGM says strong October in Macau follows record quarterly market share

Casino operator MGM China Holdings Ltd has seen strong trading in October following record quarterly revenue and market share in the three months to September, said Bill Hornbuckle, chief executive and president of its parent, MGM Resorts International. Speaking on Wednesday during the United State…

GGRAsia
South Point Casino Horse-Stabbing Suspect Ruled Competent to Stand Trial
Casino

South Point Casino Horse-Stabbing Suspect Ruled Competent to Stand Trial

A teenage girl accused of stabbing three horses at a barrel racing competition at South Point Casino in Las Vegas has been ruled competent to stand trial following months of mental health evaluations. Clark County Family Court Judge Linda Marquis ruled Wednesday that the case could proceed, clearin…

casino.org
MGM China 3Q revenue hits record US$1.14bln, EBITDAR down 7pct
Casino

MGM China 3Q revenue hits record US$1.14bln, EBITDAR down 7pct

Macau casino operator MGM China Holdings Ltd reported record quarterly net revenue of just under US$1.14 billion for the three months to September 30, up 4.6 percent from a year earlier. The company achieved a record quarterly market share of 17.1 percent, according to its parent, United States-bas…

GGRAsia
Churchill Downs, VICI Properties Announce Buyback Binges
Casino

Churchill Downs, VICI Properties Announce Buyback Binges

Plenty of casino stocks are in the dumps this year, but some industry executives see value in their companies’ battered shares as highlighted by a new wave of buyback announcements. In conjunction with the releases of their third-quarter earnings today, both Churchill Downs (NASDAQ: CHDN) and casin…

casino.org
Thunderspin Launches Illuminati Party, an Exciting Psychedelic Slot
Casino

Thunderspin Launches Illuminati Party, an Exciting Psychedelic Slot

Thunderspin has launched Illuminati Party, a new digital slot game that blends rave culture with occultism to create a supercharged gaming experience. Featuring crisp graphics, a catchy soundtrack, four jackpots, and many opportunities to win big, this new game is one of Thunderspin’s most exciting…

Gambling News
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Casino

Evoke’s Acquisition by Bally’s Faces Regulatory Hurdle

Bally’s Intralot’s upcoming purchase of Evoke may face a regulatory challenge in Pennsylvania, where the target’s existing business-to-business agreement with Caesars conflicts with licensing rules affecting the buyer’s US parent. Whether the deal closes on time may hinge on whether Pennsylvania re…

Gambling News
New York Gambling Revenues Remain Steady in September
Sports Betting

New York Gambling Revenues Remain Steady in September

Recent data from the New York State Gaming Commission revealed that the state’s gambling industry remains healthy. While some feared that prediction markets would siphon customers away from the regulated market, state sportsbooks recorded a sizeable increase in betting handle. Meanwhile, casino gam…

Gambling News

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