Dissolution of KRAIL: A Legislative Move On April 24, 2024, the Ukrainian parliament, known as the Verkhovna Rada, cast a pivotal vote to dissolve the Commission for the Regulation of Gambling and Lotteries (KRAIL). This decision is expected to fundamentally alter the governance and regulation of gambling within the country. Draft law no. 9256d, which […]
Land Based Casino News
Colville Tribes’ Pioneering Casino Venture in Tri-Cities Undergoes Federal Scrutiny
The Confederated Tribes of the Colville Reservation are advancing their plans to introduce the first tribal casino in Washington’s Tri-Cities. This significant development has reached a key phase as it undergoes federal scrutiny, a critical step in the approval process. Detailed Environmental Review in Progress The Bureau of Indian Affairs (BIA) is set to hold […]
Atlantic City Faces Visitor Decline, Union President Urges Action
Atlantic City, a staple in the American casino and tourism industry, faces a concerning decline in visitors to its famed brick-and-mortar casinos, prompting urgent calls for action from local union leaders and the Casino Association of New Jersey. Recent revenue reports have revealed a downturn in the number of patrons frequenting the city’s gambling resorts, […]
Las Vegas Sands Spearheads Movement for Legalized Gambling in Texas
Las Vegas Sands, now at the helm of the Dallas Mavericks, is amplifying its campaign to legalize casino operations in Texas. The corporation has initiated a funding drive through the Texas Destination Resort Alliance, aiming to bring the legalization issue directly to voters within the state. The initiative marks a significant push towards integrating casino […]
Louisiana’s Gaming Sector Hits $194.6 Million in Revenue, Marks Stability in the Industry
In a striking testament to the resilience and stability of the gaming industry in Louisiana, the state’s casinos have collectively generated a remarkable revenue of $194.6 million in February 2024. According to the latest figures released by the Louisiana Gaming Control Board, this represents a modest yet significant 1.0% increase from the same month last […]
Las Vegas Sands CEO Goldstein Sells Shares Worth Over $5 Million
In a notable move within the gaming and hospitality industry, Robert Goldstein, CEO of Las Vegas Sands Corp. (LVS), has parted with a substantial portion of his company shares, marking a transaction that has captured the attention of investors and industry observers alike. The Transaction Details A recent filing with the Securities and Exchange Commission […]
Philippines Sets Sights on Surpassing Singapore as Asia’s Premier Casino Destination
In an ambitious stride toward dominating Asia’s casino industry, the Philippines is eyeing the position of the continent’s second-largest gambling hub, aiming to outshine Singapore with its expanding portfolio of integrated resorts and a burgeoning online gambling sector. As the Philippine Amusement and Gaming Corp (Pagcor) spearheads these initiatives, the nation anticipates a surge in […]
UK Government Faces Pushback on Gambling Regulations
Members of the UK’s Conservative Party have vocally opposed the government’s latest measures to regulate gambling activities, sparking a heated debate within political circles and beyond. The controversy centers on proposed affordability checks, which critics argue unfairly target the average gambler, igniting discussions on individual freedom and regulatory overreach. Conservative MPs Challenge Affordability Checks Philip […]
Georgia’s Gambling Expansion: Betting and Casinos on the Horizon
The recent developments in Georgia are particularly intriguing. The state, known for its conservative stance on gambling, is now on the cusp of a major shift with the proposed Senate Resolution 538. This move towards legalizing sports betting and casino gambling reflects a changing attitude and presents a unique set of opportunities and challenges for […]
Atlantic City Casino Revenue in Early 2024
The year 2024 started on a tepid note for Atlantic City casinos, as they encountered a notable decline in their gross gaming revenue (GGR) during January. The brick-and-mortar gross gaming revenue saw a decrease of more than 3% compared to the same period in the previous year. This downward trajectory was primarily driven by a […]
