Industry News
Iconic Moulin Rouge Bought by an Australian Investment Firm: Is It a New Beginning for the Property?
It’s been a rough road towards the revitalization of the famous Moulin Rouge in Las Vegas – the first desegregated hotel in the whole city. Moulin Rouge has been…
Colombian Authorities Busted ‘Los Poker,’ an Illegal Online Gambling Ring
15 people running Los Poker, an illegal online gambling ring operating 62 websites with an estimated turnover of 3 billion pesos (roughly 867 thousand in US dollars) a month,…
ComeOn Group Found Its New CEO: Juregen Reutter, Addison Global Founder
ComeOn Group, the company that owns two online casino platforms and more than 20 brands, found its new Chief Executive Officer only a few months after Lahcene Merzoug announced…
Japan No Longer Wants to Tax the Winnings of Foreign Players?
At the beginning of December, the chief of the ruling Liberal Democratic Party went on record talking about backtracking on the government’s plans to tax…
MGM Resorts Got Itself $700 Million Through Redeeming Operating Partnership Units
MGM Resorts, together with its real estate investment trust, MGM Growth Properties, has announced on December 2 that the latter company redeemed approximately 23.5 million…
It’s Official: Global Gaming Lost Its Swedish Gambling License
Global Gaming, the online gambling company behind Ninja Casino and many other casino brands, has officially had its license revoked by the Swedish Gambling Authority, Spelinspektionen. The decision…
Morongo Casino Is Set to Go Cashless with the Marker Trax System while California Goes into a Lockdown Once More
As the COVID-19 rages on, casino frequenters become more and more vigilant when it comes to avoiding getting infected. And, when there is a certain demand or concern from…
South Korean Casinos Are Forced to Close Again amidst the Third Wave of COVID-19
The third quarter of 2020 was a gulp of fresh air for struggling casinos in South Korea, but all good things quickly come to an end in the…
Crown Resorts Finally Found Their Chief Compliance & Financial Crimes Officer
It has finally happened: Crown Resorts, the Australian casino operator with an impressive track record of finding itself amidst controversies, announced on December 2 that it has selected…
Macau & Digital Yuan: Could It Be the Dawn of a New Era for Macanese Casinos?
Digital yuan, the cryptocurrency developed by the Chinese government and backed by its central bank, could be making its way to Macanese casinos. According to a Bloomberg article…
The Londoner Hotel in Macau May Start Welcoming Guests in February 2021
The development of the Londoner Hotel in Macau, one of the two major Sands China’s investments into the Macanese market, now has a tentatively set finish line. Should everything…
Nevada Regulators Lost a Round to Steve Wynn in Legal Fight; Appeal Filed
It looks like Nevada gambling regulators are in over their heads when it comes to the former Las Vegas casino mogul Steve Wynn. At least, this is the…