Why executives need to redefine what ‘hustle culture’ means for their employees

Hustle culture is being challenged by a new generation prioritising mental health and wellbeing over just grinding away. Executives are being urged to shift their focus from long hours to smarter work practices that improve overall outcomes. Source: Fortune Key Points Hustle culture promotes long hours, but it’s failing to deliver results in today’s workplace. […]

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Hightower Makes Strategic Investment in Smith Anglin

Hightower has announced a strategic investment in Smith Anglin, a financial planning and wealth management practice based in Dallas, Texas. With approximately $2 billion in assets under management, Smith Anglin has a rich history dating back to 1967 and specialises in retirement and tax preparation services for the aviation industry. Source: Article URL Key Points […]

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Inside Gaming: Vegas company bags bid for NYC casino license; new Strip baccarat room opens

Wynn Resorts Ltd. has made headlines by withdrawing its proposal for a casino license in New York City, amidst growing opposition. Meanwhile, the Rio hotel-casino has launched a new baccarat room, highlighting ongoing renovations. Source: Las Vegas Review-Journal Key Points Wynn Resorts Ltd. has abandoned its bid for a casino license in New York City, […]

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Pennsylvania gambling revenue up 10.7% in April due to iGaming growth

Pennsylvania’s gambling revenue has skyrocketed by 10.7% in April, thanks to a significant surge in iGaming activity. This surge suggests promising trends in the state’s gambling landscape. Key Points Total gambling revenue reached $558.7 million in April, a rise from $504.7 million in April 2024. iGaming revenue climbed to $227.7 million, marking a 31.3% increase […]

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Four international casino operators holding talks with Thai government

Four internationally-renowned casino operators, including Wynn Resorts and MGM Resorts, are in discussions with the Thai government regarding the potential establishment of the country’s first entertainment complexes. The Thai Deputy Finance Minister, Julapun Amornvivat, has confirmed these talks, stating that significant investments exceeding THB100 billion are being sought as part of the country’s efforts to […]

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Morgan Stanley: Melco and MGM China most likely Macau operators to outperform 2025 EBITDA estimates

Summary Morgan Stanley’s analysis reveals that Melco Resorts & Entertainment and MGM China are poised to outperform other Macau operators in their 2025 EBITDA estimates. The investment bank conducted a comparative study of Macau’s six concessionaires, assessing their growth potential against current market conditions. Analyst Praveen Choudhary noted that while some operators are expected to […]

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