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Regulation & Law

Seaport expects Macau October GGR to fall 5pct y-o-y on soft demand
Casino

Seaport expects Macau October GGR to fall 5pct y-o-y on soft demand

Macau casino gross gaming revenue (GGR) is likely to decline 5 percent year-on-year in October, amid continued “softness” in demand and a challenging comparison with a year earlier, says Seaport Research Partners. The institution’s forecast implies October GGR of approximately MOP22.9 billion (US$2…

GGRAsia
JPMorgan: Wynn UAE Casino Concerns Exaggerated
Casino

JPMorgan: Wynn UAE Casino Concerns Exaggerated

Amid the war in Iran, investors expressed skepticism regarding the fate of Wynn Resorts’ (NASDAQ: WYNN) Wynn Al Marjan Island casino hotel project in Ras Al Khaimah, United Arab Emirates (UAE), but at least one analyst believes the reality is different from what’s being portrayed by the media. Imme…

casino.org
Czech government moves to block Kalshi
Sports Betting

Czech government moves to block Kalshi

Internet service providers (ISPs) in the Czech Republic have less than two weeks to comply with a prohibition order issued against Kalshi. On 30 September, the country’s Ministry of Finance announced that the US prediction markets giant has been added to the list of unauthorised gambling operators.…

SBC News
Judge Calls Scotts Valley’s $10M Casino Losses ‘Self-Inflicted’
Casino

Judge Calls Scotts Valley’s $10M Casino Losses ‘Self-Inflicted’

A federal judge has accused the Scotts Valley Band of Pomo Indians of “rolling the dice” by pouring $10 million into its proposed Vallejo, Calif., casino despite knowing the project was in serious legal jeopardy. U.S. District Judge Trevor McFadden said the tribe’s resulting financial losses were l…

casino.org
Massachusetts Sportsbooks Using AI Promotions?
Sports Betting

Massachusetts Sportsbooks Using AI Promotions?

Massachusetts sportsbooks are facing new regulatory scrutiny over how they utilize artificial intelligence to target bettors with promotional offers. The Massachusetts Gaming Commission announced an inquiry into licensed operators following a detailed report that highlighted the use of machine lear…

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