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Remembering Sheldon Adelson: Casino Execs and Republicans Pay Tribute

Tributes for Sheldon Adelson are pouring in. From casino executives to world leaders, the casino tycoon is being remembered fondly by his friends and allies. People around the world are commenting on Sheldon Adelson’s passing. The 87-year-old died today at his home in Malibu, California. (Image: Reuters) Adelson, the Las Vegas Sands founder, chairman, and chief executive, was worth an ...

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China showing its commitment to stamping out cross-border gambling

Police in China reportedly arrested over 75,000 people last year as they busted up more than 3,500 illicit cross-border gambling cases alongside some 2,260 that had involved forbidden iGaming platforms. According to a report from Inside Asian Gaming, these figures were contained in a recent update from the giant nation’s Public Security Ministry as a […] Source link

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No Bar Rescue: Indiana Bill Would Permit VGTs Inside Veterans’ Clubs, But Not Restaurants

An Indiana lawmaker has introduced legislation that would allow video gaming terminals (VGTs) to be placed inside veterans’ clubs such as the American Legion and Veterans of Foreign Wars. The American Legion is headquartered in the Indiana state capital of Indianapolis. Video gaming terminals, like this one seen in Missouri, are included in new legislation in Indiana. But in the ...

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Penn National Gaming Tops $100, Market Cap Bigger Than MGM

Boosted by speculation on the fate of online sports betting in New York and a strong weekend handle on NFL games, Penn National Gaming (NASDAQ: PENN) surged seven percent Monday on volume that was more than 50 percent above the daily average. The Barstool Sportsbook at Penn National’s Ameristar Casino in Colorado. The stock hit $100 today. (Image: Denver Westword) ...

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American sportsbetting market projected to have a bumper 2021

In the United States and a prominent Bank of America analyst has reportedly predicted that aggregated 2021 revenues from sportsbetting and iGaming could well be about to increase by up to 70% year-on-year. According to a Sunday report from Yahoo! Finance, this is the opinion of Shaun Kelley with the specialist putting the anticipated rise […] Source link

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Macau casinos experience promising start to January

The 39 casinos in Macau have reportedly seen their aggregated gross gaming revenues for the first ten days of January trend considerably higher when compared with the same period last month. According to a report from Inside Asian Gaming, this encouraging development was revealed by international brokerage Sanford C Bernstein Limited after casinos in the […] Source link

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