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MGM responds to report of Bruno Mars’ gambling debt
March 18, 2024 - MGM Resorts says its relationship with Bruno Mars is one of “mutual respect” and “Any speculation otherwise is completely false; he has no debt with MGM.” Issued Monday, the statement... Read more »
Kindred highlights ‘dynamic sustainability’ in 2023 report
March 18, 2024 - Kindred Group has published its combined Annual and Sustainability Report for the 2023 financial year. Providing an introduction to the company and its strategy and key value creation drivers, Kindred... Read more »
Virginia casinos report $57.3 million in February revenue
March 18, 2024 - Gaming revenues from Virginia’s three casinos totaled $57.3 million in February, according to Virginia Lottery data released Friday. The Bristol Casino: Future Home of Hard Rock temporary facility opened July... Read more »
Entain examines possible sale of overseas gambling brands: reports
March 14, 2024 - British gambling firm Entain has hired advisers to oversee the possible sale of several of its overseas brands, the Financial Times reported on Thursday. These brands include Netherlands-based BetCity, which... Read more »
Will the $1,200 tax reporting limit finally be updated?
March 14, 2024 - Based on pressure from Congress and an IRS Advisory Council opinion released last November, the IRS may soon raise the current $1,200 tax reporting threshold for slot machine jackpots to... Read more »
Regulatory Report: 208 gambling-related bills in progress in U.S. legislatures during February
March 13, 2024 - The majority of legislatures were back in regular session during February with 35 states (70%) active during the month of February 2024. A total number of 208 gambling-related bills went... Read more »
Illinois reports second-highest casino revenue in 13 months
March 13, 2024 - The Illinois Gaming Board has reported that the state generated nearly $137.7 million in casino revenue in February, the second-highest casino figure in the past 13 months. While February’s revenue... Read more »
Tottenham Report: Could the EU’s new digital ID revolutionise KYC?
March 12, 2024 - At the end of last month, the European Parliament approved plans to introduce a standardised electronic European Digital Identity (e-ID) to verify citizens’ identities when using online services. It will... Read more »
Tottenham Report: Do as I say, not as I do
March 12, 2024 - A few weeks ago, Eilers & Krejcik published a report that investigated the impact of online gambling on the land-based industry. It found no cannibalisation of land-based gaming revenues. Brian... Read more »
Thailand House committee report on legalizing casinos will go to parliament
March 12, 2024 - The Thailand House committee on casino legalisation has completed its study, which confirms legalisation is a possibility, and will present it to parliament next week, according to senior Pheu Thai... Read more »