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Former Resorts World & MGM Grand Prez Surrenders Gaming License
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The Nevada Gaming Control Board (NGCB) reached an agreement on Thursday with Scott Sibella, the former president of Resorts World and MGM Grand, in which he agreed to surrender his gaming license as part of a five-year ban from Nevada’s gaming industry. Scott Sibella was fired from Resorts World in September 2023, when the casino…
Read MoreFlutter Stock Could Double in 4 Years, Says Analyst
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Shares of Flutter Entertainment (NYSE: FLUT) closed higher by 1% today after an analyst said the stock has the potential to more than double to $600 over the next four years. The gaming equity closed at $277.47 today. The Flutter logo as seen in an investor deck. An analyst says the stock could more than…
Read MoreVICI Inks Deal with IGP for Canadian Casinos
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VICI Properties (NYSE: VICI) announced Tuesday that it amended its master lease agreement with Pure Canadian Gaming Corp., owing to the acquisition of that company’s operating assets by Indigenous Gaming Partners (IGP). Pure Casino Lethbridge. Real estate owner VICI Properties amended its lease on the Canadian casino and three others. (Image: Travel Alberta) In January…
Read MoreDraftKings, FanDuel Targeted in Senators’ Antitrust Push
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DraftKings (NASDAQ: DKNG) and FanDuel are drawing bipartisan accusations of collusive behavior that could violate US antitrust laws. The FanDuel Sportsbook logo. Two US senators are asking regulators to investigate that company and DraftKings for possible antitrust violations. (Image: FanDuel Sportsbook) In a letter to Assistant Attorney General Jonathan Kanter and Federal Trade Commission (FTC)…
Read MoreAddiction Specialists Urge Pennsylvania Gaming Board To Rethink Self-Exclusion Change
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Addiction specialists and mental health treatment providers are encouraging gaming regulators in Pennsylvania to reconsider a proposed change to the state’s self-exclusion program for casino gambling. Individuals on the Pennsylvania Gaming Control Board’s casino self-exclusion list cannot enter a physical casino after their exclusion period ends unless they successfully apply to have their gaming privileges…
Read MoreAlabama Republican Lawmaker Says Votes Lacking for Gaming Package
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An Alabama Republican in the state Senate is warning those who want to legalize more forms of gambling that the odds aren’t good a bill will find adequate support when the new legislature convenes in February. Alabama Republican Sen. Sam Givhan doesn’t think the odds are good that a gambling bill will gain traction next…
Read MoreWyoming Could Enter iGaming Fray in 2025
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A Wyoming policymaker is expected to reintroduce iGaming legislation in 2025, potentially positioning the state to join the small group that currently permits that form of wagering. An American bison is pictured grazing in Jackson Hole, Wy. The state could approve iGaming legislation in 2025. (Image: Pony Express Motel) On the heels of a gaming…
Read MoreLong Island Casino Public Meeting Slated for Dec. 9
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Nassau County residents will get their chance to sound off on Las Vegas Sands’ proposal to build a casino hotel at the site of Nassau Coliseum in Uniondale, NY at a public meeting of the county legislature on Monday, December 9. Nassau Coliseum in Uniondale, NY. The county is holding a public hearing on Dec.…
Read MoreDraftKings CEO Says More iGaming Legislation Could Emerge in 2025
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Next year could be more active in terms of state-level legislation aimed at online sports betting and iGaming following a series of disappointments in 2024, according to DraftKings (NASDAQ: DKNG) CEO Jason Robins. DraftKings CEO Jason Robins is optimistic about the possibilities for 2025 iGaming legislation. (Image: Getty Images) Speaking on Craig-Hallum’s 4th Annual Online…
Read MoreNew Hampshire Administrative Judge Says Andy Sanborn’s Casino License Can Be Revoked
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A New Hampshire judge ruled last week the license of casino owner Andy Sanborn apparently can be revoked in what’s the latest twist in the continuing controversy. Andy Sanborn, pictured above. His fight with state officials over a casino license faces an uncertain future. (Image: Flickr) With the ruling, New Hampshire Lottery Commission officials can…
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