Summary Colorado’s AI regulation journey took a notable turn with the failure of Senate Bill 25-318, which aimed to update the existing comprehensive Colorado Artificial Intelligence Act (CAIA). The CAIA, enacted in 2024, set stringent compliance obligations for high-risk AI systems across various sectors, including employment and healthcare. Despite concerns about its complexity and potential […]
Las Vegas is facing a significant drop in tourism, with March’s gaming revenue plunging for the second month in a row, igniting fears of a potential ‘Trump Slump.’ This downturn is attributed to recent tariffs and new foreign policies, which analysts believe are driving visitors away from the iconic gambling destination. Source: G3 Newswire Key […]
The Thai Prime Minister Paetongtarn Shinawatra is shaking up the conversation around her controversial casino legalization bill, insisting it won’t turn Thailand into a “haven of vice.” She argues that her political foes are misusing the narrative to undermine her government. Key Points The proposed bill aims to allow casinos to operate in dedicated entertainment […]
A bill providing a fairer distribution of slot machine revenue to Maine’s Wabanaki Nations is making its way through the state legislature. The proposed change aims to increase the total net income from Hollywood Casino in Bangor, with the additional funds specifically allocated to tribal governments. Source: Casino Reports Key Points The bill, sponsored by […]
The Tourism, Gaming, and the Arts Committee in the New Jersey Assembly has taken a significant step by unanimously advancing a bill aimed at banning online sweepstakes casinos in the state. Assemblyperson Clinton Calabrese introduced this initiative as a proactive measure amidst ongoing discussions with various stakeholders. Source: https://ct.moreover.com/?a=56689274939&p=14e&v=1&x=0DUopWjObtIiR6qa68xMzg&u1=ND&u2=up-urn:user:PA191813171 Key Points The bill, A 5447, […]
MGM Resorts International has officially signed a new employment deal with CEO Bill Hornbuckle, extending his contract through the end of 2028. This agreement includes an advisory role for Hornbuckle to support the company’s integrated resort project in Osaka, Japan, following the completion of his contract. Paul Salem, chairman of MGM Resorts, praised Hornbuckle as […]
Peru is experiencing a growth surge in its gambling sector, thanks to newly implemented regulations. The country has now officially recognized 4,516 gambling and sports betting venues and 60 tech platforms, as per the Ministry of Foreign Trade and Tourism’s latest announcement. This comprehensive framework aims to bolster consumer protection, ensure transparency, and stimulate formal […]
Macau is shaking things up by tapping into the concert boom as part of its strategy to diversify revenue under a new 10-year gaming concession. With successful events driving tourist traffic, hotel bookings, and a surge in restaurant spending, the region is keen to build on this momentum. Industry leaders, like Jeffrey Jiang from Galaxy […]
Summary Melco Resorts & Entertainment has posted impressive first-quarter results for 2025, exceeding expectations with a 10.8% increase in total revenues to US$1.23 billion. The rise in gaming revenues by 12.2% to US$1.02 billion reflects a robust performance across its Macau operations, notably in both the mass and VIP segments. Overall, net income reached US$28 […]
Atlantic City’s casinos have once again demonstrated their support for the local economy, contributing a whopping $572 million to the state’s Casino Revenue Fund, despite a slight dip in profits. This report from Stockton University reveals that even with a 0.5% decrease in combined net revenue, the casinos remain crucial to state-funded programs. Key Points […]
