NY Mets Owner Steve Cohen Acquires $52B Stake in Las Vegas Sphere
Baseballs aren’t the only round things fancied by Steve Cohen. According to Sportico, the owner of the New York Mets recently acquired a 5.5% stake in the Las Vegas Sphere….
Gaming & Gambling News
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Atlantic City Casinos Report Record-Breaking Revenue Surge in Q1
In a striking testament to the gaming industry’s robust recovery, Atlantic City’s casinos have reported an unprecedented revenue upswing in the first quarter of the year. This comes as a…
Penn Entertainment Shares Surge on $9 Billion Boyd Gaming Takeover Rumor
Shares of Penn Entertainment (NASDAQ: PENN) surged late Thursday following a report suggesting that Boyd Gaming (NYSE: BYD) may be preparing a takeover bid valued at more than $9 billion…
Playstudios Buys Back $24.6M Worth of Shares from Microsoft
Shares of social casino developer Playstudios (NASDAQ: MYPS) rallied in after-hours trading on Tuesday following the announcement that the company is purchasing $24.6 million of its equity held by Microsoft…
Analyst Skeptical About Boyd Gaming’s Potential Acquisition of Penn Entertainment
Boyd Gaming (NYSE: BYD) considering a takeover of rival Penn Entertainment (NASDAQ: PENN) isn’t surprising, but a deal is unlikely to materialize, according to Deutsche Bank analyst Carlo Santarelli. In…
Las Vegas Welcomes a Groundbreaking $4 Billion Casino Resort, Aiming to Revitalize the Strip
Las Vegas, renowned for its vibrant nightlife and world-class casinos, once again proves its enduring charm and adaptability with the announcement of a new $4 billion casino resort. Set to…
Major Casino Deal: Las Vegas Sands Corp to Acquire Iconic MGM Grand in Historic $6 Billion Transaction
Las Vegas Sands Corp has officially announced its acquisition of the iconic MGM Grand for an unprecedented $6 billion. This deal, one of the largest in the history of gaming…
Catawba Two Kings Casino Adds Live Dealer Table Games Amid Expansion
Nearly three years after the Catawba Nation opened a temporary casino facility in Kings Mountain, NC, the tribe has introduced live dealer table games to the venue. The Catawba Nation,…
Massachusetts Sportsbooks to Explain Bettor Limitations to State Regulators
A month after skipping a roundtable to discuss the issue of limiting or prohibiting bettors, the seven online sportsbook operators in Massachusetts have agreed to meet with state regulators. The…
Pennsylvania Supreme Court to Decide Fate of Skill Games’ Legality
The legality of so-called skill games in Pennsylvania will be determined by the state’s Supreme Court. This week, the Pennsylvania Supreme Court announced it will accept the petition from state…
Major Crackdown in Thailand: Hundreds Arrested and Millions Seized in Euro 2024 Betting Bust
Thai officials arrested 64 suspects and seized over 280 million baht (US$7.6 million) in an ongoing crackdown on illegal online betting on Euro 2024 football (soccer), government authorities revealed on…
Major Expansion Announced for Las Vegas Strip: A New Era for Casino Enthusiasts
Las Vegas, NV — In a stunning announcement that promises to reshape the Las Vegas skyline, MGM Resorts International revealed plans for a massive expansion project on the Las Vegas…
Gambling Raids in San Diego and Michigan Uncover Illegal Activities
Recent raids in San Diego, California, and Saginaw, Michigan, have uncovered illegal gambling operations, resulting in the seizure of gambling machines, cash, and suspected drugs. These coordinated efforts by law…
New Legislation to Revolutionize Online Gambling in New York
The New York State Legislature passed groundbreaking legislation late Wednesday that will significantly expand and regulate online gambling activities, marking a pivotal change in the landscape of digital gaming within…
UK Hacker Behind MGM and Caesars Cyberattacks Arrested in Spain
A 22-year-old UK national accused of playing a major role in last year’s hacking of MGM Resorts International was recently apprehended in Spain. The suspect is allegedly linked to the…