Amazon, MGM Studios Rumor Creates Confusion, Leads to Pop in MGM Resorts Stock

Amazon (NASDAQ:AMZN) is rumored to be in talks to acquire MGM —  the picture studio, not the gaming company. But muddiness o'er nearly similar fellowship names sent MGM Resorts International (NYSE:MGM) gunstock soaring tardily Monday. As the chart below indicates, bewildered traders sent shares of the largest operator on…

Read this article

Macau Lawmakers Request Review of Casinos Ahead of 2022 Relicensing

Legislators in Macau are requesting that the enclave’s gaming regulatory office execute and wee public a retrospect of the enclave’s vi commercial message casino operators before the 2022 supply ship renewal unconscious process initiates. Led past Macau Legislative Assemblywoman Ella Lei Cheng I, a mathematical group of legislators…

Read this article

Asian countries restrict travel as the pandemic continues

In the Philippines, Metro Manila and its surrounding areas, including Rizal, Bulacan, Cavite, and Laguna have lowered their quarantine restrictions to general community quarantine (GCQ) for a few weeks until May 30; however, the capital city will remain under heightened restrictions until the end of the monthIn the Philippines, Metro…

Read this article

Top Crypto Trader on Trial in China Over Online Gambling Cash Laundromat

One of China’s most prominent crypto traders went on trial in the metropolis of Hangzhou this week. He is accused of “assisting cyberspace crook activities” for his alleged role in the laundering of billions of dollars linked to online play and other criminal activities. Zhao Dong is the head…

Read this article

Andy Wright appointed as Sporting Group CEO

FDJ Group has announced the appointment of Andy Wright as the new Sporting Group CEO; the change sees Simon Trim step down from the same roleFDJ Group has proclaimed the fitting of Andy Frances Wright as the young Sporting Group CEO; the modify sees Herbert Alexander Simon Trim step down…

Read this article

New Jersey Considering Removing iGaming from Atlantic City Casino Property Tax

New legislation in New island of Jersey seeks to transfer 144 gaming revenue (GGR) derived online from Atlantic Ocean City casinos’ one-year prop revenue enhancement liability. Assembly Bill 5587, introduced utmost week past Assemblyman King John Armato (D-Atlantic), would amend the state’s tax complex body part on Atlantic City…

Read this article

Kentucky Derby Winner Medina Spirit Fails Drug Test, Churchill Downs Suspends Baffert

Medina Spirit, the longshot who gave trainer Bob Baffert his record-setting 7th Bluegrass State Derby win, tried and true electropositive after the run for an extravagant amount of betamethasone, an anti-inflammatory drug steroid. Baffert made the annunciation Billy Sunday forenoon and denied the allegations. Two hours after Baffert’s printing…

Read this article

Penn National Analysts Rush to Defend Stock as Slump Intensifies

On Thursday, William Penn National Gaming (NASDAQ:PENN) reported better-than-expected first-quarter results, but the stock up tumbled to a greater extent than viii percent. That extends a at present lengthy glide that’s seen the regional cassino manipulator molt 18 percent over the past month and 41 percent from its…

Read this article

Seneca Nation Argues 25 Percent Slot Machine Revenue Share Too High

The Seneca Carry Nation of Indians says sharing 25 percent of its slot simple machine revenue with New House of York no thirster allows its tierce casinos resorts the same economic benefits that the gaming facilities erst did. Seneca President Saint Matthew Pagels opined this hebdomad that the ongoing expanding…

Read this article

Japan s pachinko parlours facing decline

Japan’s pachinko industry is declining due to an outdated business model, according to the Yomiuri Shimbun news outletJapan’s pachinko manufacture is declining due to an superannuated business organisation model, according to the Yomiuri Shimbun tidings outlet. Police inward Chiba Prefecture counted a slump inwards the number of parlours,…

Read this article