Genting Group was a surprise entry into the bidding war for a Macau casino license two weeks ago. The group is headed by Malaysian Chinese billionaire Tan Sri Lim. The incumbents operating in Macao since 2002 are now facing the prospect of Genting taking their place.
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EveryMatrix posted a 17% year-on-year rise in Q2 2022 gross profit to €14.9 million. EBITDA remained flat at €5.2 million with a corresponding margin of 35%. Net cash grew from €11.1 million at the end of Q1 2022 to €15. 2 million in the second quarter of 2022. EveryMatrix saw 43 new client wins in this quarter.
Genting is a strong contender to unseat an incumbent Macau casino operator. The Malaysian group has casinos globally including in Malaysia, Singapore, the U.S. and the UK. It does not currently operate in Macao. The stakes are high for Maca's gaming industry as the incumbents have invested more than $50 billion in the past two decades. MacA's government has said only six slots will be available for the seven applicants. Sands China, Wynn Macai, Galaxy Entertainment, MGM China (2282.HK), Melco Resorts, Melko Resort and SJM Holdings (0880. HK) have concessions that expire at the end of the year.
Bally's will pay GLPI and Penn $148m for Tropicana's non-land assets associated with the casino and will lease out the land beneath for an initial 50 years at $10.5m a year. The casino will be Bally’s first property it will operate on the Las Vegas strip.
Las Vegas Sands and Wynn Resorts rise in premarket trading on Macau Casino Recovery Hopes. China is reportedly backing Hong Kong's plan to ease Covid restrictions.
There are many casino movies that are considered useful. However, they are contorted and have nothing to do with real gambling. Anna Rosak, a writer and a gambling expert from KasynoHEX, helped us with this piece. The $40-million Jackpot from Casino Royale is real.
Macau casino shares experienced a positive boost after the chief executive of Macau, Ho Lat-Seng, announced that Macao is going to accept tourist groups from mainland China again starting in November.
JefeBet is renovating and renaming Lucky Club Casino and Hotel in North Las Vegas. Ojos Locos Sports Cantina y Casino at Hotel Jefe will be the new name for the property. The makeover will include room renovations, an interior upgrade for casino and a nightclub. The casino will also have a sports bar with food provided by OJos. It will manage rewards benefits and casino materials. There are estimated that 28 percent of Nevada and 18.7 percent in the United States identify as Latino. North Vegas has 44 percent Latino population. John Jay Lee, Mayor of North LV, is excited about the development.
This week's round-up from GamingIntelligence features the likes of Play'n GO, Wizard Games, Evoplay, Greentube, Pragmatic Play, Relax Gaming, Inspired Entertainment, Bragg Gaming and Yggdrasil.
The government of Macau opened bids on Friday from seven companies for licences to operate casinos in the world's biggest gambling hub. GMM Limited, a holding company of Genting Group chairman Sri Lim Kok Thay, made a surprise application. The new casino licences are expected to begin in 2023. The incumbents have invested some US$40 billion in Macao since casinos were liberalised more than 20 years ago. Macaese casinos have been hit by ongoing Covid curbs and travel restrictions. Authorities have also tightened control over gambling operations in former Portuguese colony.
Mississippi Gaming Commission has approved TCSJohnHuxley's license to sell live casino products. TcsJohnhuxly is the latest supplier of live gaming products to get a license from the commission.
kwiff has signed a content partnership with Pragmatic Play. Players will have instant access to over 200 Slot games and Game Show themed Live Casino titles. The popular “Drops & Wins” promotion was a big factor in kwiff’s decision making.
Kwiff has signed a partnership with Pragmatic Play. It will give kwiffs access to a number of established slot and live casino games.
All six incumbent Macau players submit bids for licenses to operate casinos in the world’s biggest gambling hub. GMM Limited, a holding company of Genting Group chairman Sri Lim Kok Thay, applied. Gent operates casinos and non-gaming operations in Singapore, Malaysia, the United States, and Britain. It also made a series of investments in China, including a prime ski resort which hosted the 2022 Beijing Winter Olympics. New casino licenses are expected to begin in 2023. The incumbents have invested $40 billion in Macao since casinos were liberalized more than 20 years ago.
Macau's government opens bids from seven companies for licenses to operate casinos in the world's biggest gambling hub. The winner will be chosen on Friday. Genting is a wildcard, but it has invested heavily in China and has a strong background in theme parks. The new casino licenses are expected to begin in 2023. Macau casinos have been hit by ongoing COVID curbs and travel restrictions. They have collectively invested $40 billion in Macao since casinos were liberalised 20 years ago. It is estimated revenues will drop 70% in 2021 to $10.8 billion from $36 billion.
Macau's government opened bids on Friday from seven companies for licenses to operate casinos in the world's biggest gambling hub. The incumbent players, Galaxy Entertainment, Melco Resorts and SJM Holding submitted bids. Genting, a Malaysian operator, applied for a wildcard license. It had to pay HK$10 million to apply. New casino licenses are expected to begin in 2023. The incumbents have invested some US$40 billion in Macau since casinos were liberalised more than 20 years ago. Macao casinos have been hit by ongoing Covid curbs and travel restrictions.
Nebraska voters approved casino gambling at the state's horse racing tracks last year. Final draft of casino regulations will be released on November 12. The commission will hold a public hearing on the proposed rules on Dec. 17. It will then have to be reviewed and signed off by Gov. Pete Ricketts and Attorney General Doug Peterson. All six existing horse tracks in the State have announced plans to build casinos. A $220 million WarHorse Casino is planned in Lincoln. The Lincoln Race Course plans a temporary casino with 305 slot machine stations. Fonner Park will run 37 days of racing between Feb. and March next year, and the commission approved dates for live horse races at existing tracks next Year.
The Macao government opens offers from seven companies for casino licenses on Friday. Genting is a wildcard, but it is the only one with extensive amusement park experience. The new casino licences are expected to start in 2023. The incumbent operators have invested around $ 40 billion in Macau since the casinos were liberalized more than 20 years ago. Macaese casinos have been hit by current COVID and travel restrictions. Authorities also tightened controls over gambling operations in the former Portuguese colony. They have revenues fell 70% in 2021 to $ 10.8 billion from $ 36 billion.
Robert Telles, 45, was arrested on March 1, 2020, for domestic battery and resisting arrest. His wife, Mae Ismael, called police after a fight at the Bellagio casino. Telle's next court date is September 20th. He is being held without bail for the murder of Jeff German, a reporter with the Las Vegas Review-Journal. He remains in his public administrator role and continues to collect his $130,000 salary until another person is elected. The new charges are related to his affair with Jeff. It is not clear if he will be charged with murder.
Lim Kok Thay, chairman of Malaysia's Genting Group, is a bidder for a Macau casino license. GMM Limited, led by Thy, submitted the bid just hours before the window closed at 5:45 pm local time.
The Las Vegas Strip is constantly changing. Fontainebleau resort/casino on the North Strip has been on track to open in 2023. Bally's, a Caesars Entertainment-owned resort, is being removed from the property. Caeres will buy Tropicana and bring the Baly's name back to the Strip. The deal to buy the Tropicsana has just cleared a major hurdle.
Golfweek’s Best Casino Golf Courses in the United States is compiled from data pulled from its database of course rankings. The list focuses on courses owned and/or operated by or in conjunction with casinos.
Bally's plans to buy the Tropicana from Penn Entertainment. The Nevada Gaming Commission will make a final ruling on Sept. 22. Bally’s has 14 regional hotel-casinos in the U.S. and acquired the name and trademarks from Caesars Entertainment in 2011. It will pay GLPI $10.5 million annually to lease the site under a 50-year rental agreement. The Tropics is located on 34-acre south-Strip location. There is a potential location for a $1 billion stadium for Major League Baseball”s Oakland A“s.
Nevada's major gaming companies avoided Colorado for nearly two decades. The state's casinos were legalized in the historic mining towns of Black Hawk, Central City and Cripple Creek. Las Vegas and Reno's gaming firms invested millions to change the perception of the Colorado casino communities. Colorado's mountainous rural casino towns have turned the state into one of top 15 gaming revenue-producing regions. Sports betting legalization in 2021 helped make Colorado a market that gaming operators could no longer ignore. In Blackhawk, three properties account for more than 1,300 hotel rooms, roughly 85 percent of market.
Circa's new 35,000-square foot meeting and convention space opened on August 30. The facility features a ballroom, breakout and banquet rooms, adjacent pre-function space and a 1,600- square-foot outdoor terrace. It is equipped with "best-in-class technology" and features flexible room sizes, in-house IT and large elevator. Circa is planning to kick off its first series of events in September. Circas is pleased with how the area turned out and proud to introduce Las Vegas' newest convention area.
The WarHorse Casino is slated to open it's temporary facility in Lincoln on Sept. 19th with over 400 slots machines. The facility will be open 24 hours a day and seven days a week. They need 100 more employees. Nebraska Family Alliance doesn't see the expansion of gambling as a benefit. It's another step closer to the social costs and consequences of casino gambling. Nebraska has been paying for the costs of Iowa casinos. 20% of the profits from casinos go to property tax relief fund. nw.com. NRCG chairman Dennis Lee suggests scheduling a meeting by Zoom to approve a full gaming operators license.
Jackpot size is a big part of the gambling industry. Today, four prominent figures from the industry discuss the issue. They are Habanero head of business development Arcangelo Lonoce, Blueprint Gaming director of key accounts and marketing UK Jo Purvis, Kalamba head Andy Sekula and Realistic Games commercial director Rob Lee.
Macau's casino losses exceed $2B mark in H1 as they await bidding process; recovery not expected until 2023
All Macau's casino operators reported half-year losses of $2 billion. Total gaming revenue came in at $3.3 billion, but the recovery is not expected until 2023. The city is still recovering from its largest Covid outbreak, which saw thelock-down of casinos for two weeks. The industry is also suffering from virus restrictions from the Mainland. Analysts warn that gaming revenues, the 80% of government tax revenue, could fall further even if the city reopens its border with mainland city Zhuhai.
Sky River Casino in Elk Grove, California, opened early. The parking situation was chaotic. Visitors enjoyed the casino. They want parking improvements.
Gambling Regulatory Authority watchdog launched in Singapore. New law came into effect from the start of this month. It introduced stiffer penalties for those found guilty of conducting or facilitating unlawful gambling activities and made it illegal to participate in ‘proxy gambling’
Bally's Corp. stock is up 15% since August 5th. The company has cut its 2022 revenue and EBITDA estimates due to weakness at its venue in Atlantic City. Stifel analyst Jeffrey Stantial has a $29 price target and buy rating on Bally’s.
Push Gaming's Amit Samji is a Principle Game Producer. He participated in Casinobeats roundtable about the state of classic slots. This is part one of a two-part special. The second part will be about SBC Summit Barcelona. It will focus on strategies for new market entries and appealing to changing tastes.
Bally's plans to redevelop Tropicana on the south-Strip are not likely to be realized until 2023. The team is considering two sites in the resort corridor for a new ballpark. Bally’s purchase of Tropicaana still needs approval by Nevada gaming regulators. The matter is not scheduled to come up on this month”s agenda. A's want to build a $1 billion waterfront ballpark in Oakland to replace the 57-year-old RingCentral Coliseum. They are also considering a 27-acre parcel behind Planet Hollywood and Paris Las Vegas.
There are many reasons why people fall in love with playing casino games. Over the years, movies have honoured the craft of gambling. Today, the majority of casino action happens online. Here are some of the best gambling scenes in Hollywood movies. They are all recommended for young people. The list includes some movies from Kenya.
PlaySTUDIOS has launched a new division called playBLOCKS. PlaySTudios will use the new technology to create more engaging and rewarding experiences for its players. PLAYSTUDS will also invest in innovative companies shaping the future of rewarded play. The company refers to its plans as the “Future Fund” and has seeded it with an initial sum of $10 million. The division is built upon the acquisition of WonderBlocks, a loyalty platform for games and an alliance with Forte, the leading provider of blockchain infrastructure for game developers.
There are at least 12 million UK residents with at at one online gambling account with online sportsbooks or online casino sites. Many people could fall victim to gambling addiction. UK Gambling Commission has introduced GamStop self-exclusion scheme as a responsible gambling resource for gamblers. There are good books on gambling addictions. They are recommended for people struggling with gambling.
Realistic Games has launched a new high-vvolatility slot game called Book of Charms. The game offers two bonus rounds with huge win potential. It also offers operators selectable RTP variants. The games is set to be released in 2022 and has been developed by Realistic games. They are also developing a maths model. Robert Lee, Commercial Director of Realistically Games, is excited about the game. He is confident about its quality and the potential of its prizes. Realistik Games is a leading casino content developer. Its previous game Gorilla Riches was a success.
Helen and Lee Kuchczynski won a huge Euromillions jackpot of £3.6m on July 12. They bought a detached house and a sports car with their winnings. Helen's first purchase as a millionaire was two bags of cat litter. Lee invested in a new £17 back-scratcher. The couple picked up their cheque at The Midland Hotel in Morecambe, Lancashire, on Friday. Their numbers were 14, 18, 24, 25, 50 and Lucky Star 6.
Angie Lovell has won CA$992k playing the mobile-only Odds of the Gods slot game. The BCLC is the regulator of all gambling and lottery options in the province of British Columbia. Its PlayNow platform is only regulated gaming website in that province.
Appeals Court Dismisses Wrongful Death Suit Brought by Children Whose Parents Were Killed in Las Vegas Casino Fire
Appeals Court Dismisses Wrongful Death Suit Brought by Children Whose Parents Were Killed in Las Vegas Casino Fire. Tung-Tsung Hung and Pi-Ling Lee Hung died in 2017 in the fire at Resorts World Manila.
Macau has been forced to close all casinos for the first time since the outbreak of the pandemic. 19000 people have been put under quarantine. The government is looking to diversify the tourism offers for Macau. There are only six casinos in town. The Tourism Board is encouraging tourism operators to invest in non-gaming projects. Since 2002 there have 41 casinos built on the Taipa Strip. MGM, Sands and Wynn who operate casinos on Nevada have to change their game offerings or their concessions may be revoked. They are under pressure from other developments and casinos from Malaysia and Cambodia.
The Virginia Lottery has been a regular feature in the region's stores since 1987. The pandemic did cause drops in sales of scratch and drawing tickets in March and April 2020, but sales soon recovered. On July 1, 2020 the lottery began online sales. The online and brick-and-mortar site sales contributed to increased lottery sales in 2020 and 2021. Border localities like Bristol and Northern Virginia benefit from out-of-state sales, especially for commuters and shoppers.
Eureka Casino Resort invites the community to celebrate America’s freedom, ‘Splash into Cash’ this summer
The Eureka Casino Resort in Mesquite, Nevada, is hosting a fireworks show on July 4 at 9 p.m. The show is synchronized with a patriotic program broadcast via Nevada Public Radio (88.1 FM). Town Square Buffet is serving American barbecue from 4-8 p.,m., and the casino is offering double points on all slot machines July 1-4. July will also see the return of the Splash into Cash million-dollar slot and video poker tournament series. The top 75 scorers from each tournament will move on to the finals in September.
Crown's Sydney casino to deliver $100m in extra tax revenue for NSW government in first year, experts say
Crown's Sydney casino is expected to deliver $100 million in tax revenue to the NSW government in its first year. It's a quarter of what Crown's Melbourne venue delivers to Victoria's coffers.
Red Rock Resorts Incorporated will pay $80,000 fine for past glitches in the sportsbook at its Red Rock Resort property. The settlement was agreed with the Nevada Gaming Control Board regulator two weeks ago and approved yesterday by the five-member Nevada gaming commission.
"Sinister" was released nearly a decade ago in 2012. It was the inspiration for "Doctor Strange" and "The Black Phone" by Scott Derrickson and C. Robert Cargill. They met in Las Vegas. Cargo was working as a movie critic and working at a video store. Derrickon liked his reviews. He wrote Carge a letter after seeing "Bug"
Supreme Court ruling last week allows the Tigua Indians of El Paso to operate bingo at an El Paso entertainment center. It also benefits the Alabama-Coushatta tribe, which has been fighting with Texas officials over bingos on its reservation. Las Vegas Sands will work with the Legislature next year to put a casino referendum on the ballot in Texas. Last year, Texas lawmakers rejected a Las Las Sands-backed casino gaming proposal. WinStar World Casino and Resort is located in Thackerville, Oklahoma, on Interstate 35.
Supply chain issues are snarling slot machines' path to casinos. Nevada's gaming equipment suppliers expect to have delivered more than 13,700 new slot machine to roughly 30 North American gaming projects by 2022. The industry is centered in Asia and supply chain problems have been a challenge. JCM Global, a provider of more of the bill validators used by the slotmachine industry, has seen chip shortages impact its business. The company is still shipping products daily. It is focused on meeting its gaming and casino customers' record demand.
Cardplayer Lifestyle will host its second Mixed Game Festival at Resorts World Las Vegas from June 12-16. The festival will be sponsored by PokerStars and offer low-stakes poker players the opportunity to win a Pokerstars Live Event Package, free poker merchandise and poker book signings with top poker champions. The Mixed Games Festival will take place in the newest poker room in Las Las. Vegas. A portion of the proceeds from the book sales will go to the Poker Gives non-profit charity. It distributes funds to assist military families, homeless vets, and youth programs in Vegas and helps homeless people.
There are many songs about slot machines. The following tracks are the only ones that pay homage to them.
The Star inquiry is in its eighth week of hearings. It is investigating how rigorously board directors and senior executives carried out their duties to the company.
Litecoin is a cryptocurrency tied to the Bitcoin network. It's become popular with gamblers worldwide. Litecoin was worth $3.33 a year ago. If you want to cash in on that popularity, you shouldn't participate in any form of gambling with Litecoins.
Ontario recently legalized online gambling. Three pioneering CEOs share their favourite book, best gambling advice and guiltiest pleasure.
Jimmy Lee Soliz, 32, is the fifth arrest made in the case. He was served with two warrants on May 8.
Aleksandar Rakic and Jan Blachowicz are the main event of UFC Vegas 54 on Saturday (May 14, 2022) in Las Vegas. Ion Cutelaba and Ryan Spann are co-main event at 205 pounds. Katlyn Chookagian and Amanda Ribas are also in action at Flyweight.
Virgin Hotels Las Vegas celebrates EDC Week and Memorial Day Weekend. Élia Beach Club located at Curio Collection by Hilton will keep the party going throughout May from EDc Week to Memorial Weekend and beyond. This month will highlight the diverse lineup of headliners, including a can't-miss performance by Latin megastar Jhayco on Saturday, May 7. May also marks the return of the world’s largest dance music festival in Las Las. Vegas. EDM Week will be unforgettable at Éial Beach.
The ACMA is launching civil penalty proceedings against three parties involved in the provision of prohibited online gambling services. The alleged breaches of the IGA carry a maximum penalty of AU$1.7m. for individuals and five times this amount for companies. As the matter is before the courts, the ACma will not provide further comment. It is alleged that since 2 March 2020, services provided by Rhys Edward Jones and Diverse Link offered Australians the ability to play poker online for money.
Star Entertainment's chief casino officer for NSW, Greg Hawkins, will continue his testimony at the inquiry into the fitness of Star to hold a Sydney casino licence. The Star Entertainment CEO Matt Bekier resigned last month in the wake of evidence given at a high-profile inquiry. Other Star executives to continue their testimony this week are Harry Theodore, Mr Bember and McGrath Nicol partner Robyn McKern.