“`html Tribal-wide self-exclusion program to launch in Wisconsin in March Summary A new Tribal-Wide Self-Exclusion Program is set to launch in Wisconsin this March, aimed at promoting responsible gaming and supporting community well-being. This initiative allows individuals to voluntarily exclude themselves from all participating tribal casinos across sovereign nations and territories. The programme will expand […]
“`html Lawyers Push to Keep Evolution Accuser Anonymous, File Appeal In a recent development, lawyers from Calcagni & Kanefsky have filed an urgent motion following a court ruling that could reveal the identity of the author behind a damaging report on Evolution, a leading gaming company. The report, from 2021, accused Evolution of using deceptive […]
“`html French gambling regulator hits Unibet with record fine over self-exclusion breakdown The French gambling regulator, L’Autorité Nationale des Jeux (ANJ), has issued its largest fine since its establishment in 2020, penalising Kindred Group’s Unibet with a hefty €800,000 fine. This action follows a significant malfunction in Unibet’s self-exclusion system, which persisted for nearly two […]
Veikkaus posts 7.3% sales decline in 2024, looks ahead to market liberalisation Summary Veikkaus, the Finnish gambling monopoly, reported a 7.3% decline in sales for 2024, falling to €956.2 million. This decrease is attributed to a series of factors including increased taxation and regulatory changes affecting their gaming products. Despite the slump, Veikkaus aims to […]
“`html Malaysia’s New Gambling Debt Recovery Ruling Sparks Legal Concerns Among Experts The recent court ruling in Malaysia regarding gambling debt recovery has raised significant legal concerns among industry experts. This ruling may set a troubling precedent for the enforcement of debt collections in the gambling sector, prompting operators to reconsider their credit practices. Key […]
“`html CBRE: Macau satellite closures could provide unlikely boost to SJM’s Grand Lisboa Palace CBRE has highlighted that potential closures of Macau’s satellite casinos at the end of the year might unexpectedly benefit SJM Resorts’ Grand Lisboa Palace. With changes in gaming laws looming, the future viability of these satellite casinos remains uncertain, creating an […]
“`html Japan moves to block access to online casinos triggered by rising gambling concern Japan’s Ministry of Internal Affairs and Communications (MIC) is considering blocking access to online casino websites due to a significant increase in illegal online gambling. This move follows notable participation in online gambling by public figures, raising serious concerns among authorities […]
“`html Genting’s Resorts World Las Vegas Focused on Margin Improvement as 4Q24 EBITDA Plummets Summary Genting Berhad is concentrating on enhancing margins at Resorts World Las Vegas (RWLV) following substantial revenue declines and a drastic drop in EBITDA for the fourth quarter of 2024. In Q4, the property recorded $190 million in revenue, down significantly […]
The Star Trading Halted Again, Company Running Out of Cash and Lacking Offers | AGB Summary The Star Entertainment Group, an Australian gaming operator, has faced another trading halt as it struggles to secure necessary funding to release its half-year results. The company is unable to publish its financial report due to a lack of […]
“`html Joint venture partner Belle Corp not planning to buy out Melco’s City of Dreams Manila stake Summary Belle Corp, a Philippine real estate firm, announced it has no intention to buy out its joint venture partner Melco Resorts & Entertainment’s stake in City of Dreams Manila. This declaration follows Melco’s recent exploration of “strategic […]
