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Asgam
Patrick Dumont says Las Vegas Sands “here for the long term” in fight for Texas IR
Las Vegas Sands President and COO Patrick Dumont says his company is in Texas for the long-haul as it ups the ante in its fight to bring legalized casino gaming to the Lone Star State.
A little over six months since the company first revealed plans to purchase a controlling stake in a major sporting franchise - later revealed to be the NBA's Dallas…
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circuit.news
Gulf's first casino resort sparks building boom in Ras Al Khaimah
Anticipation of the Gulf's first sanctioned casino complex has sparked a development boom in the UAE emirate of Ras Al Khaimah, with five-star resorts and multi-million dollar villas rapidly springing up from the desert sands.
Las Vegas casino operator Wynn Resorts last year announced plans for a $4 billion resort on the artificial Marjan islands,…
Mothership
Las Vegas Sands new development in S'pore slated to begin construction by Jul. 2025
This article has been amended to clarify that there will not be a new casino facility in the fourth tower, but an expansion of the current casino space granted by the authorities in 2019.
Las Vegas Sands' (LVS) plans for another development in Singapore will focus on live entertainment and possible expansion of its casino space, and will complement…
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The Straits Times
Las Vegas Sands may expand casino space at Marina Bay Sands
SINGAPORE - Las Vegas Sands' (LVS) plans for Singapore may include expansion of its current casino space at Marina Bay Sands (MBS).
Bloomberg reported earlier on May 30 that LVS plans another development in Singapore to complement its casino resort here, including more space for live entertainment.
It will have fewer rooms than the existing MBS…
Yogonet
DraftKings, MGM set sights on Brazil's lucrative online gambling market
As Brazil emerges
as one of the world's fastest-growing gaming frontiers, heavyweights in the sports betting industry like
DraftKings and MGM Resorts
are eyeing entry
into the country's newly regulated online gambling market.
Since loosening its online gambling laws in 2018, Brazil has swiftly become one of the
top 10 betting markets…
Fox Business
Caesars Palace in Las Vegas won the jackpot on a slot machine
A guest at
Caesars Palace
in Las Vegas won the jackpot on a slot machine three times in one night.
Officials with Caesars Entertainment announced the big win in a press release,
obtained by KVVU.
The player hit a $125000 jackpot around 9:30 p.m. Tuesday, followed
by another jackpot
of $383500 at 10:58 p.m.
Around 12:27 a.m. on Wednesday morning,…
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News 5 Cleveland
MGM reportedly eyeing potential sale of gambling interests at Northfield Park
NORTHFIELD, Ohio - MGM Resorts International is reportedly exploring the sale of its gambling operations at Northfield Park, according to a report from Bloomberg. The report said talks are only preliminary and may not result in any action.
The Northfield Harness Racing Track opened as the Hard Rock Rocksino with much fanfare in December 2013. It is…
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NBC Boston
MGM Resorts consider sale of Springfied casino
MGM Resorts International is considering selling its casinos in Springfield, Massachusetts, and Northfield Park, Ohio, according to a report from
Bloomberg News, which cited people with knowledge on the matter.
The company, which operates 31 casinos globally, began consulting financial advisors upon review of MGM's share price, which has risen less…
The Baltimore Sun
Visit a casino from your couch? Here's why Md. should reject iGaming
The Maryland Lottery
went live in 1973
with just one game, called Twin Win. Residents of Maryland were told the money generated from the lottery would help fund education. Today, the Maryland Lottery has at least 10 different games and has generated over
$19.3 billion
in revenue for the state of Maryland.
In 2008, the Maryland General…
Fox Business
Tropicana Las Vegas ceasing operations this spring to make way for new ballpark
The Tropicana's last days are in full effect after its owner announced the date it will cease operations ahead of demolition for a new professional baseball stadium.
Slot machines will no longer be heard on the resort's casino floor on the Las Vegas strip after April 2, just shy of its 67th anniversary.
Bally's Corporation made the announcement…
New York Post
Hochul puts daughter of casino lobbyist on gaming oversight board
Gov. Kathy Hochul appointed the daughter of a veteran gambling lobbyist to the state board that regulates the industry - raising concerns about potential conflicts of interest from government watchdogs, The Post has learned.
Marissa Shorenstein - who served as head of Hochul's transition team when she became governor - was tapped as commissioner on…
RELATED CATEGORIES
Fox Business
Las Vegas opens first casino in 2 years, a $780 million property catering more to locals than tourists
For the first time in two years, a
new casino has opened in Las Vegas,
but it may not be where you'd expect.
The Venetian, Caesars Palace and the Bellagio are just a few of the many resorts that line the Las Vegas Strip.
Durango Casino & Resort, the newest addition to Sin City, won't be joining them.
Durango is located several miles away. Its…
Covers
NBC News
MGM Resorts reaches labor deal with Las Vegas unions, averts strike
The MGM Grand hotel and casino in Las Vegas on July 28.Bridget Bennett / Bloomberg via Getty Images
/ Source: Reuters
The unions representing hospitality workers in Las Vegas on Thursday reached a tentative deal with MGM Resorts International for a new contract covering nearly 25400 employees, less than 24 hours before a
strike
threatened to shut…
news.bloomberglaw.com
Caesars, Las Vegas Workers Reach Deal Easing Strike Threat (1)
A powerful Las Vegas hospitality union struck an agreement with casino owner Caesars Entertainment Inc., the first breakthrough in a months-long labor standoff that threatened to upend one of the nation's largest tourist economies just before it hosts a major grand prix and the Super Bowl.
Culinary Workers Union Local 226 said Wednesday it had…
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FOX News
Las Vegas sex worker accused of robbing, beating man in Strip hotel room
A
Las Vegas
prostitute has been arrested and charged with attempted murder and other crimes after she allegedly beat her disabled John to near death in a hotel room before stealing thousands of dollars of his cash, according to police.
Napria Wilson, 26, left the mobility scooter-using victim with a broken back and fractures to his face after a…
KPVI
The many faces of gambling online and what it could mean for a state's bottom line
It may appear that most states now have their own online versions of Vegas, where players can place bets in virtual casinos or on sports. But in reality, the online offshoot of brick-and-mortar gambling is still in its infancy. Despite the proliferation of online sports betting in many states, playing casino games online still has a long way to go.…
theregister.com
Caesars confirms data theft as MGM casino outage drags on
Updated Casino giant Caesars Entertainment has confirmed miscreants stole a database containing customer info, including driver license and social security numbers for a "significant number" of its loyalty program members, in a social engineering attack earlier this month.
The admission comes as
MGM Resorts
enters its fourth day of inoperable IT…
BNN Bloomberg
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facilitiesnet.com
Las Vegas Casinos Experience Cyberattacks
By Dave Lubach, Executive Editor
The "Ocean's Eleven" movie and its sequels were about a band of criminals who try to execute a brilliant theft of millions of dollars from a casino vault during a Saturday night boxing card. Earlier this month, a real-life cyberattack caused some significant issues for several casinos on the famed Strip.
Major Las…
Review Journal
Las Vegas casinos face ‘social engineering’ threat amid hacks
The
apparent cyberattack
that hobbled MGM Resorts International this past week is the latest in a string of high-profile security breaches to befall Las Vegas casinos in recent months.
As MGM deals with what it has called a "cyber issue," the gaming and hospitality giant apparently hasn't been the only one to be targeted by potentially devastating…
Vegas Inc
UAE creates federal authority for 'commercial gaming' as casino giants flock to nation
Monday, Sept. 4, 2023 | 10:38 a.m.
DUBAI, United Arab Emirates - The United Arab Emirates has created a federal authority to potentially run a national lottery and what it describes as "commercial gaming," likely a sign that it is on the verge of allowing gambling as major casino operators flock to the Gulf Arab nation.
The state-run WAM news…
ABC News
UAE creates federal authority for 'commercial gaming' as casino giants flock to Gulf Arab nation
DUBAI, United Arab Emirates -- The United Arab Emirates has created a federal authority to potentially run a national lottery and what it describes as "commercial gaming," likely a sign that it is on the verge of allowing gambling as major casino operators flock to the Gulf Arab nation.
The state-run WAM news agency carried an announcement late…
AS
Roblox is being sued for profiting from child gambling
Queue
a new controversy
about Roblox: a new class-action lawsuit made by two parents has accused the massive online game platform of facilitating online gambling to children and making proffits out of it.
As was reported by
Bloomberg Law, on August 15 a lawsuit was filed on behalf of parents Rachel Colvin and Danielle Sass in the Northern District…
Ars Technica
Roblox facilitates “illegal gambling” for minors, according to new lawsuit
A new proposed class-action lawsuit (as
noticed by Bloomberg Law) accuses
user-generated "metaverse" company
Roblox
of profiting from and helping to power third-party websites that use the platform's Robux currency for unregulated gambling activities. In doing so, the lawsuit says
Roblox
is effectively "work[ing] with and facilitat[ing] the…
The Washington Post
The NCAA Has an Underage Gambling Problem
A successful quarterback knows when to gamble on the field. Hunter Dekkers, the starting quarterback for the Iowa State Cyclones last year, also learned how to gamble off the field, according to the authorities.
Earlier this month, a criminal complaint contended that he disguised his identity while placing 366 bets at the DraftKings online…
Vegas Slots Online
Roblox Gambling Suit Claims Kids Hold “Billions of Robux”
A class-action lawsuit accuses online gaming platform Roblox of not only acting as an "illegal gambling ring that preys on children," but also fleecing those underage gamblers out of thousands of dollars.
Mothers Rachel Colvin and Danielle Sass filed the suit against Roblox Tuesday in the US District Court for the Northern District of California.…
Games Industry
Roblox accused of facilitating "illegal gambling ring" for minors
Parents issue a class action lawsuit on behalf of their children
A class action lawsuit has been filed against Roblox Corporation, accusing the developer of facilitating "an illegal gambling ecosystem" and violating a federal law.
The
complaint
was filed in the Northern District of California on August 15 by parents who claimed their children lost…
Tech Crunch
Roblox faces a new class action lawsuit alleging it facilitates child gambling
In a new class action lawsuit filed in the Northern District of California this week, two parents accuse
Roblox
of illegally facilitating child gambling.
While gambling is not allowed on the platform, which hosts millions of virtual games that cater to children and teens, the lawsuit points to third-party gambling sites that invite users to play…
Kotaku Australia
Roblox Hit With Lawsuit Claiming It Profits Off Child Gambling
Roblox
has long been accused of
not doing enough
to make sure its massively popular gaming platform is free of toxicity and exploitation. Now parents are joining together in a class-action lawsuit to take the $17 billion company to court over allegations that it gets children into online gambling and profits off of it.
As first reported…
Kotaku Australia
Popular Online Game Accused Of Profiting Off Of Child Gambling
Roblox
has long been accused of
not doing enough
to make sure its massively popular gaming platform is free of toxicity and exploitation. Now parents are joining together in a class-action lawsuit to take the $17 billion company to court over allegations that it gets children into online gambling and profits off of it.
As first reported…
news.bloomberglaw.com
Roblox Accused of Concocting Illegal Gambling Ring for Minors
Popular online gaming platform Roblox acts as an illegal gambling ring that preys on children, according to a purported class action brought by parents.
Rachel Colvin and Danielle Sass filed a
complaint
against
Roblox Corp.
Tuesday in the US District Court for the Northern District of California after their children lost money in the form of the…
brocku.ca
IN THE NEWS: First Nations-provincial relations, labour unrest and online gambling trends
In recent media appearances, Brock experts discussed a report that explored how provinces should work more with Indigenous populations, the ongoing reasons for labour unrest in Canada and trends that impact online gambling. Also discussed was the life and contributions of one of the University's first faculty members.
Provinces should focus more on…
BNN Bloomberg
Card Player
Billionaire Steve Cohen Eyes New York Casino
Billionaire Steve Cohen is vying for a license to build a casino adjacent to the Mets' Citi Field in Queens. Cohen owns the Mets.
The space is currently a parking lot and park.
According to
Bloomberg, Cohen has hired a team of lobbyists to work on the project. The State of New York is charging $500 million for each license and requiring a minimum…
The Fintech Times
UK Government Proposes Stricter Customer Checks to Tackle Problematic Online Mobile Gambling
The UK government has recently unveiled a set of proposals aimed at tackling the problem of online mobile gambling.
The
announcement, made on Thursday, April 27, involves the introduction of stricter regulations to bring the industry up to date with the rise of online and mobile gambling.
The proposed changes are the most extensive overhaul since…
Review Journal
Macao casino revenue rebounding as analysts expect continued growth
Gaming industry analysts expect casino revenue to continue rising in Macao after back-to-back months of growth.
The region's Gaming Inspection and Coordination Bureau on Wednesday reported a 33.1 percent increase in gross gaming revenue to $1.3 billion in February compared with a year earlier.
While February figures were down from January, John…
BNN Bloomberg
Fansided
Oakland A's stadium saga continues with court battles and Vegas casino support
As the Oakland Athletics stadium saga continues, some prominent voices in Vegas are throwing their weight behind potential relocation to Nevada. This support comes as the A's are back in court over the proposed Howard Terminal site in Oakland and the Las Vegas site hunt has
been narrowed down
to Tropicana on the Las Vegas Strip.
Mick Akers of…
wealthmanagement.com
Las Vegas Casino Revenue Sets Annual Record Despite Headwinds
The Bellagio Water Fountain Show on the Strip in Las Vegas
The Las Vegas Strip, home to giant casinos such as the MGM Grand and Bellagio, recorded a total win of $8.29 billion in 2022, an increase of 17 percent from the prior year, according to data released Tuesday by the Nevada Gaming Control Board.
(Bloomberg)-Bettors in Nevada and Las Vegas…
Latestly
Online Gambling Operator 888 Has Suspends VIP Customer Accounts in the Middle East After a ...
Team Latestly
|Jan 30, 2023 03:36 PM IST
Online gambling operator 888 has suspends VIP customer accounts in the Middle East after a failure in compliance protocols, with Itai Pazner immediately stepping down
https Bloomberg (@business)
January 30, 2023
(SocialLY brings you all the latest breaking news, viral trends and information from social media…
The Sports Geek
Steve Cohen Meets With Locals to Discuss Casino Plans
New York Mets team owner Steve Cohen met with more than 500 Queen residents last Saturday to solicit inputs on how to best develop the area around CitiField, including the possibility of bringing a casino to the Willets Point property.
Cohen and the local community members talked about how to turn the long-dormant property into an all-weather and…
Daily Mail Online
DOMINIC LAWSON: The cost-of-living crisis is driving gambling addicts to risk even more
Terror comes in many forms. But in peacetime, at least, there are few things more frightening than not being able to pay your debts.
A week ago, the Mail's front page highlighted'families' growing mountain of debt'. Based on figures from the accountants PwC, this showed that the total amount of unsecured debt in the UK (in other words, not…
Yogonet
Macau casinos see worst year on record after gaming revenue drops 51% in 2022
Macau casinos have posted their worst year since 2004
as China's strict Covid Zero policies wrought havoc on the gambling hub. The Gaming Inspection and Coordination Bureau said Sunday that
gross gaming revenue in December fell 56%
from a year earlier to
3.48 billion patacas ($433 million), slightly below the median estimate of a 57% decline.…
Polygon
Twitch banning gambling starting in October
Twitch will be updating its policies regarding gambling on Oct. 18, according to a statement the company posted to its Twitter account, acknowledging the recent spike in debate and discussion around gambling on the platform.
"We'll be making a policy update on October 18th to prohibit streaming of gambling sites that include slots, roulette, or…
High Stakes
Apple Pulls App Store Gambling Ads After Developers...
Apple
has been forced to remove gambling ads from its App Store following complaints from developers. New ad placements were in place for iPhone users including in the "You Might Also Like" section to give more options to parties advertising their services and products. But with no freedom to choose what type of advertisement appears next to each…
Yogonet
Macau casino gaming revenue hits all-time low in July collecting only $49M amid Covid restrictions
According to the
Gaming Inspection and Coordination Bureau,
Macau's gaming revenue has hit an all-time low; their worst month ever since records began in 2009. Data shows
gross gaming revenue fell 95% to 398 million patacas ($49 million) in July, 98% lower
than pre-pandemic levels.
Macau's casinos reopened on
July 23,
after a nearly
two-week…
The Washington Post
FTX Is Where Gambling and Wall Street Collided
One of the sidelights to the the sudden collapse of Sam Bankman-Fried's $32 billion crypto empire is the gambling-related tweets by Sam Trabucco, the former co-head of Alameda Research, the trading arm of FTX. Trabucco claimed to have learned his craft trading cryptocurrencies at the blackjack and poker tables. This revelation has been treated as a…
Asgam
Stanley Ho family in danger of losing Portuguese casino license
The family of Macau gaming pioneer Stanley Ho is at risk of losing its Portuguese casino concessions after a re-tender for gaming licenses saw a rival bidder submit a higher offer.
According to a report by
Bloomberg, the license to operate two of Portugal's biggest casinos - Casino de Lisboa in Lisbon and Casino do Estoril in Cascais - expires at…
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Alameda Co-CEO Compared Crypto Trading With Gambling
The former Co-CEO of Alameda Research reportedly enjoyed poker and blackjack and applied what he learned to the firm's cryptocurrency trading.
Sam Trabucco
- who hasn't been publicly accused of any wrongdoing - posted a
thread
on Twitter about aggressive gambling strategies and how he applied them to trading, Bloomberg
reported
Tuesday (Nov.…
The New York Times
Coney Island Has a Bit of Everything. Does It Need a Casino?
The Cyclone roller coaster. The boardwalk. The famous hot dogs. Not to mention the aquarium, baseball stadium and wide expanse of ocean beach. What more could Coney Island need?
In the opinion of Joseph J. Sitt, a longstanding Coney Island landlord, the answer is a beachfront casino.
On Tuesday, Mr. Sitt, the chief executive of Thor Equities, will…
Casino News Daily
Games Global has official operational launch after completing Microgaming acquisitions
Perhaps the name,
Games Global
rings a bell. Perhaps, it's thus far unknown to you. Either way, it's here.
A Tuesday press release from the firm did not quietly announce its presence. Rather, it simply stated what should be taken at face value.
To whit, in big bold print, centered on top:
Games Global thunders onto the scene, ushering in a bold new…
Poker News Daily
Caesars Entertainment Reverses Plans to Sell a Las Vegas Strip Property
The United States casino industry has gone through changes in the last few years, as companies have bought and sold casinos, shut some down, and renamed others. On Tuesday, we found out that one thing will stay the same in the immediate future: Caesars Entertainment is not going to sell any of its properties on the Las Vegas Strip.
In a third…
Decrypt
State Regulators Charge NFT Casino Project With Securities Violations
Regulators in four states have banded together to accuse a metaverse casino of selling
NFTs
that violated securities laws.
On Thursday, state securities regulators from Texas, New Jersey, Kentucky, and Alabama filed emergency cease-and-desist orders against Slotie NFT, a Tbilisi, Georgia-based virtual gambling entity that markets itself as "the…
Gizmodo
Twitch Limits Top Creators’ Revenue, Bans Some Gambling Sites
Twitch is making big changes to its platform. The streaming platform has moved to counter overseas gambling companies from leeching off of Twitch users, but almost in the same breath announced they were cutting the top pay of the biggest Twitch streamers.
In an
update
released late Tuesday, Amazon-owned Twitch said they would be changing their…
Crypto News
Crypto-Fuelled Gambling Sites Streaming Just Got Banned on Twitch
Twitch, an interactive live streaming platform popular with gamers, has announced a ban on the sharing referral and promo codes of gambling sites that support placing bets in cryptocurrency.
In a
statement
shared on Twitter, the U.S.-based company said that the ban which will take effect on October 18 will apply to gambling sites that include…
BNN Bloomberg
Yogonet
Casino tycoon Stanley Ho's family could lose concession of Portugal's Casino de Lisboa and Casino do Estoril to rival bidder
According to recent reports,
the family of the late gambling tycoon Stanley Ho risks losing the concession of two of Portugal's biggest casinos
-
Casino de Lisboa
in Portugal's capital, and
Casino do Estoril, located in the seaside town ofCascais near Lisbon -
after a rival bidder for the license to operate both venues made a higher offer.
Both…
InvestorsObserver
Developers and Billionaires Are Lining Up for the Chance to Operate a New York City Casino
As the development of a New York City casino inches closer towards reality, the race is on to secure a license.
New York state voters authorized the creation of seven casinos
in 2013, and four upstate facilities opened in the first phase. Now the second phase is underway, and licenses for three casinos in the New York City area will soon be open…
The Medium
The rise and risks of crypto gambling on Twitch
As the
seventh most popular
category of streams on Twitch, crypto gambling has taken the cyberworld by storm, which is not necessarily positive. Every computer, tablet, or smartphone can now be used as a gambling device by persons of all ages. Although the
origin
of gambling is unknown, it has been practiced for centuries in China. Until
1638, when…
Nevada Public Radio
The U.S. Doubles Down On Online Gambling
Looking for action but want to avoid a casino? In the age of the internet, gambling online from the comfort of your home, hotel room, or wherever you may be is easy. But not everyone thinks it should be.
In California, two initiatives concerning online gambling regulations are set to be
the most expensive ballot campaign
in U.S. history. The…
Business Live
Casino stocks jump as Macau gets ready to welcome back Chinese tour groups
Macau casino stocks surged the most in six months on Monday after the city announced plans to welcome back tour groups from mainland China as soon as November, a breakthrough for the gaming hub's Covid-19-hammered, tourism-dependent economy.
Wynn Resorts soared as much 15% on Monday to $68.89 in New York, the biggest intraday gain since November.…
Golden Casino News
Counter-Strike Skins Drive Twitch Streaming Gambling
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Bloomberg video game reporter D'Anstasio stated in a podcast for Bloomberg Crypto that crypto gambling did not originate from crypto but rather from Counter Strike…
Gambling News
Macau Casino Stocks Surge After Macau Announces It Will Relax COVID Measures
Macau casino shares experienced a positive boost after the chief executive of Macau, Ho Lat-Seng, announced that Macau is going to accept tourist groups from mainland China again starting in November.
Bloomberg reported that its Intelligence gauge tracking Macau's six casino operators that have casino concessions in the former Portuguese colony has…
Barron's
Macau Casino Stocks Surge On Mainland Travel Hopes
Casino stocks soared in Macau on Monday after authorities announced plans to gradually welcome back tour groups from the Chinese mainland, the demographic that makes up the vast majority of punters.
Macau is the only place in China where casinos are legal and the former Portuguese colony used to dwarf Las Vegas for the scale of bets placed each…
Crypto Potato
Twitch Reveals When it Will Ban Crypto Gambling Livestreams Crypto Gambling Livestreams on Twitch To Be Banned from October 16
The controversial crypto gambling sessions anchored by Twitch celebrities and live-streamed to their followers will be banned effective October 16, Twitch said in a statement. It mentioned that Stake.com, Rollbit.com, Duelbits.com, and Roobet.com, the most notable crypto gambling sites using its platform, will no longer be able to use it to stream…
iGaming Business
Twitch casino ban: How did we get here?
With gaming streaming site Twitch - and the streaming sector in general - having exploded in recent years, early casino streamers began to get in on the opportunity. CasinoDaddy and Roshtein - some of the most-followed streamers at the time of the ban - both began streaming slots in 2016. CasinoGrounds - which became a hub for many slots streamers…
Fortune
Twitch bans some gambling streams days after streamers threaten strike
Twitch, the popular live-streaming platform owned by
Amazon, is targeting one of its most popular category of streams: people pulling virtual slot machines.
On Tuesday evening, Twitch
announced on Twitter
that, as of Oct. 18, websites that offer "slots, roulette or dice games" that are not licensed in the U.S. or other jurisdictions with…
Watcher.guru
Amazon-owned Twitch to Ban Crypto Gambling Livestreams
Despite receiving backlash from influencers, Twitch is set to ban certain controversial crypto gambling live streams. Per an official Twitter post, the American live video streaming service will prohibit gambling sites like Stake.com, Rollbit, and Duelbits.com that "aren't licensed either in the US or other jurisdictions that provide sufficient…
Polygon
Twitch to update gambling policy in October
Twitch will be updating its policies regarding gambling on Oct. 18, according to a statement the company posted to its Twitter account, acknowledging the recent spike in debate and discussion around gambling on the platform.
"We'll be making a policy update on October 18th to prohibit streaming of gambling sites that include slots, roulette, or…
Sportskeeda
Mizkif calls on Twitch to ban gambling in aftermath of ItsSliker drama
The ItsSliker controversy has taken over the streaming community with every major streamer, including OTK co-founder Matthew "Mizkif," reacting to his videos. While some may only limit themselves to criticizing ItsSliker for his gambling debt, Mizkif took the opportunity to call on Twitch to ban
gambling streams
on the platform.
The debate about…
Gambling News
Counter Strike Skins behind Gambling Streaming on Twitch
Twitch, the popular streaming platform where every day millions of people spend hours watching live streams from their favorite gamers or even solving math problems in real-time, has recently seen the rise of crypto gambling.
Commenting in a podcast for Bloomberg Crypto, Bloomberg video game reporter D'Anstasio shared her view that crypto gambling…
Latestly
The Twitch App, Known More Traditionally for Gaming, is Stepping into the Online Gambling ...
Team Latestly
|Sep 15, 2022 03:55 PM IST
The Twitch app, known more traditionally for gaming, is stepping into the online gambling arena, with crypto as its currency
https Bloomberg (@business)
September 15, 2022
(SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter, Instagram and…
Yogonet
Macau Gov. to limit numbers of gaming tables and machines for new licensees; set minimum income levels
Macau's government announced Friday it has fixed a limit of 6000 gaming tables and 12000 gaming machines for new casino operators, set to enter into force early next year, along with minimum income levelsfor each one of them.
This marks the
first time authorities have set a formal cap
on the number of tables and minimum income requirement,…
Business Standard
Twitch gambling boom is luring gamers into crypto casinos: Report
Bloomberg
Last Updated at August 5, 2022 22:20 IST
Enneric Chabot, 26, didn't start
gambling
until he saw his favourite gamers doing it online.
Three years ago, Chabot began regularly watching Felix "xQc" Lengyel, a former professional Overwatch player, as he competed in various video games on Amazon.com's livestreaming site Twitch for audiences of…
Bangkok Post
Gambling with Thailand's future
Whether you support it or not, betting and gambling dens have been commonplace in much of Thailand for a long time, despite authorities' attempts to stamp it out.
Thai people love playing cards and betting on sports, particularly football and cockfighting, although gambling is currently illegal here.
Casinos in the border town of Poipet, Cambodia,…
The Press-Enterprise
Casino Insider: Gordon Ramsay’s Hell’s Kitchen opens at Harrah’s Resort SoCal
Casino Insider is a weekly newsletter with all the best bets for food, entertainment and fun at Southern California's casinos. It's delivered to your inbox on Thursdays.
Celebrity chef Gordon Ramsay's Hell's Kitchen restaurant is finally making its debut in California. Harrah's Resort Southern California initially announced its partnership with the…
CG Mag Online
Twitch Gambling Has Raised Concerns Among the Streaming Community
Many new categories and genres can be streamed on Twitch lately. A relatively new'Just Chatting' category has marched its way into the many genres of streaming during the pandemic, and to coincide with the time, it was warranted due to social distancing and regulations for mass gatherings. But with new genres
opening up for Twitch
a new boom…
WIN
Will Twitch ban gambling streams following more controversy?
Will Twitch ban gambling? That's a question many are asking after controversies continue to pile up and gain visibility on the streaming platform.
Gambling has become a huge presence on Twitch, with many of the platform's most popular streamers dedicating entire live broadcasts to wagering large amounts of cash on sponsoring gambling sites. The…
TalkEsport
Many Viewers Losing Thousands To Crypto Casinos due to Twitch
Years after the first Twitch gambling meta of CSGO skins got sidelined after Valve sent cease and desist to multiple gambling sites, a new type of Gambling is taking over the top spot of Twitch once again.
This time the Gambling Meta has returned with big investments from overseas Crypto Casinos. Many popular streamers have started streaming slots…
Sportskeeda
The Twitch Gambling Meta: Report suggests viewers have already lost thousands following in their favorite streamers’ footsteps
The
Twitch Gambling Meta
has been a major point of contention for many in the streaming community. With many popular streamers playing slots and other crypto gambling games on the platform, gambling on Twitch has been gaining prominence.
Fortnite, once synonymous with gaming and streaming, was below Slots in the most-watched category on Twitch last…
Dot Esports
Could gambling content on Twitch be banned soon?
The slots category on
Twitch
has risen significantly this year with websites like Stake sponsoring content creators to play the gambling game on the platform.
While developers regularly enlist streamers for sponsored streams whenever they are releasing a game as a way to market and promote its launch, the slots category on
Twitch
is almost…
PC Gamer
Twitch streamers are making millions from crypto gambling sites while their audience goes bankrupt
Some in the audience of Twitch's biggest stars are falling into bankruptcy after watching their favourite streamers play crypto gambling games in multi-million dollar advertising deals,
a report from Bloomberg shows
(opens in new tab).
Twitch's'Slots' section, where its gambling content resides, is its
seventh most watched category
(opens in new…
Financial Express
Twitch’s gambling boom is luring gamers into crypto casinos
Enneric Chabot, 26, didn't start gambling until he saw his favorite gamers doing it online.
Three years ago, Chabot began regularly watching Felix "xQc" Lengyel, a former professional Overwatch player, as he competed in various video games on
Amazon.com Inc.'s livestreaming site Twitch for audiences of up to 25000 viewers. In 2021, during some of…
Dexerto
Twitch may finally clamp down on gambling streams in near future
Connor Bennett. Last updated: Aug 05, 2022
Twitch logo over gambling casino image
Twitch may finally call time on hosting gambling content on their site as a new report says they're in "the midst of a deep-dive" of everything surrounding it.
Given that Twitch's audience skews pretty young, there have been
plenty of concerns about advertising…
BNN Bloomberg
Live Casino Direct
Key statistics show massive growth in US sports betting market
Economic figures from the first quarter of 2022 are becoming finalized, and Q2 numbers are coming in. In brief, we can say of the US sports betting market that, not unexpectedly, growth continues at its rapid and steady pace as more state governments join in legalizing sports betting. Some of the key statistics coming out recently include the…
World Casino News
Casino call from Thai legislators
In
Thailand
and a panel of federal legislators has reportedly submitted a special petition calling on the right-wing coalition government of Prime Minister Prayut Chan-O-Cha to legalize casino gambling.
According to a Wednesday report from the
Bloomberg
news service, the lawmakers believe that such a move would allow the nation to rebuild its…
Yogonet
Macau casinos reopen at 50% staff levels after two-week shutdown, but recovery prospects remain bleak
Macau casinos reopened Saturday after a nearly
two-week shutdown
mandated in an effort to stop the spread of Covid-19.
However, without tourists, business was slow for the gaming venues, and analysts have estimated the closures could cost the casinos $1 billion.
In response, the government said it intends to distribute $1.24 billion
to those…
ABP News Live
Gst Tax Online Gaming Conundrum
One of the biggest challenges facing the Governments today is the rapid evolving nature of the digital economy, with which the regulators are struggling to keep pace.In fact, the challenge posed by technology-enabled services means that even if one or few countries devise regulations, businesses can simply shift to another jurisdiction where the…
The Street
Las Vegas Casinos Should See Bump From Macau Reopening
Macau has been in dire straits for more than the past week.
Earlier this month, the Chinese government announced that it would close all casinos in Macau starting July 11 as the region battles a
covid-19 outbreak
that infected nearly 1500 people over a three week period in the city of 680000.
During previous outbreaks, the Chinese government had…
Money Control
Casino firm Genting Singapore draws takeover interest
Genting Singapore Ltd., one of the city-state's two casino operators, is attracting takeover interest as tourists start coming back to the Asian travel hub, people with knowledge of the matter said.
While thoUS rival MGM Resorts International recently approached the firm's controlling shareholder, the billionaire Lim family, to express its interest…
Proactive
Casino Stocks, Oil Prices Tumble On China Lockdowns
Oil futures and casino stocks sank Monday on fresh Covid-19 news out of China. Natural gas prices bolted on the scheduled shutdown of the Nord Stream pipeline, cutting Russia's gas supply to Germany, amid already sky-high demand and tight supply.
On Monday morning, Macau - an administrative region in China and the world's largest gambling hub -…
Markets Insider
Casino Stocks WYNN, LVS, MGM, MLCO Gain on Easing Covid-19 Restrictions
China is finally
starting to lift its lockdown protocols. According to
Bloomberg, the country is now "reporting the lowest number of new cases since early February." On top of that, the nation is
reducing the required quarantine time
for international travelers. This means that the Chinese economy is clear to start making up lost ground. For the…
Taipei Times
COVID-19: Stocks in Macau casinos fall as virus restrictions kick in
Macau casino stocks yesterday slumped as the Chinese gaming hub battled a COVID-19 outbreak, which has prompted tightened social distancing restrictions and mass testing.
The sector has been hammered by the COVID-19 pandemic, with vital tourism revenues wiped out by some of the world's harshest measures to tackle the virus - including tough border…
Seeking Alpha
Macau casinos stocks retreat as rising COVID cases tarnish reopening hopes
Macau casino stocks saw selling pressure again on Monday after a flareup of COVID cases in China led to officials in Beijing and Shanghai ramping up testing policies again. While the number of COVID case in the nation is still only in the hundreds, there is no clear indication that the government will back off from a zero-tolerance policy anytime…
Yogonet
Macau casino revenue plunges 68% to new 18-month low in April amid tourism drought
Macau casino revenue has plunged to an 18-month low
amid the ongoing impact of the pandemic on the gaming destination.
Revenue for April fell 68% from a year earlier
as the world's biggest gambling hub suffers from a tourist drought related to China's Covid lockdown measures.
According to official data from the
Gaming Inspection and Coordination…
Captain Altcoin
New York City Casino Will Include Crypto Trading Floor
The term "cryptocurrency" refers to a type of digital currency. It is possible to manage and exchange traditional currency online, but this is not the same as owning cryptocurrency. Cryptocurrencies are distinct because they are a decentralized and democratic alternative to government-issued currency. Governments control the supply of money in…
BNN Bloomberg
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