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BetMGM to Boost Responsible Betting Ads at NFL Stadiums

  • 02 Sep 2024
BetMGM to Boost Responsible Betting Ads at NFL Stadiums
In honor of Responsible Gaming Education Month in September, BetMGM and its 50% stakeholder, MGM Resorts International, are once more collaborating with the American Gaming Association (AGA) to encourage responsible gambling. In states where sports betting is permitted, the casino behemoth and the online sportsbook operator will expand GameSense's visibility at nine NFL stadiums. The British Colum..
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Norfolk Casino Plan Reworked, Developers Seemingly Ditch HeadWaters Identity

  • 16 Aug 2024
Norfolk Casino Plan Reworked, Developers Seemingly Ditch HeadWaters Identity
T he developers of the long-stalled Norfolk casino project, which was approved by city voters in November 2020, have yet another plan. The City of Norfolk teamed up with billionaire gaming industry veteran Jon Yarbrough and the Pamunkey Indian Tribe, a small Native American tribe situated around 65 miles north of the Hampton Roads city in King William, for its casino endeavor. The project is expec..
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DraftKings Closing NFT Marketplace, Halting Reignmakers Amid Legal Challenges

  • 30 Jul 2024
DraftKings Closing NFT Marketplace, Halting Reignmakers Amid Legal Challenges
The nonfungible token (NFT) marketplace and the Reignmakers fantasy sports game, which was built on those NFTs, will be shut down, according to a Tuesday announcement by DraftKings (NASDAQ: DKNG). The announcement came as the gaming company was facing increasing legal difficulties over whether NFTs were investable securities and so subject to class action lawsuit liability. US District Judge Denis..
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Penn Entertainment Strategic Review Unlikely, Says Analyst

  • 16 Jun 2024
Penn Entertainment Strategic Review Unlikely, Says Analyst
After a sell-side analyst stated that Penn Entertainment (NASDAQ: PENN), a regional casino operator, is unlikely to start a strategic review in the near future, shares of the firm fell Friday, possibly shattering speculation that it could be a takeover target. When Truist analyst Barry Jonas wrote in a report that Penn is unlikely to consider a sale anytime soon, despite a letter to the board from..
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Casino Crime Roundup: Tennessee Business Raided for Illegal Gambling

  • 02 Jun 2024
Casino Crime Roundup: Tennessee Business Raided for Illegal Gambling
After authorities searched a convenience store in Tennessee for illicit gaming, the owner was taken into custody on Friday. Officers connected to the West Tennessee Drug Task Force charged Nimit Patel, 40, with paying game winners in products and then using a third party to exchange the winning tickets for cash. Patel was charged with possession of a gambling device or record, aggravated gambling ..
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Casino articles

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