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Fanatics mulling equity sale to staffers at discounted $25B valuation

Fanatics is reportedly considering selling equity to employees at a $25 billion valuation, a hefty discount to the $31 billion the company was valued...
Asian Gaming

Macau Casino Stocks Surge Amid China Stimulus Hopes

For the second time this week, Macau casino stocks, including Las Vegas Sands (NYSE: LVS) and Wynn Resorts (NASDAQ: WYNN), rallied, this time on...
Gaming News

SEC Charges DraftKings with Disclosure Violations Over Robins Tweet

The Securities and Exchange (SEC) announced today it charged DraftKings (NASDAQ: DKNG) with divulging nonpublic, material information over CEO Jason Robins’ social media accounts....
Asian Gaming

Macau Blocks 36K Illegal Gambling Sites in H1

This significant figure highlights the SAR’s intense effort to protect the local industry from illegal foreign competition but also demonstrates the huge challenges of...
Asian Gaming

Resorts World Genting Threatened With Shutdown by Malaysia Islamic Party

Malaysia’s largest political party says it would shut down the country’s only casino if it gains power in Pahang state, home to the sprawling Resorts...
Gaming News

North Carolina releases August 2024 sports betting activity report

The North Carolina State Lottery Commission on Monday released its sports betting revenue report for August. The report compiles the sports betting revenue in August...
Gaming News

Saracen Casino Wants Online Gambling Law Changed, Rival Opposes

While Saracen Casino in Pine Bluff is looking to challenge a rule to allow online gambling in Arkansas, rival Oaklawn fears the change would...
Asian Gaming

Thailand Casino Plan Gains Momentum as Political Support Increases

Despite recent political upheaval in the country, plans to bring casino resorts to Thailand are gaining momentum. That effort recently gained the support of...
Australian Gaming

Star Entertainment Sells Brisbane Treasury Building Lease After Shuttering Casino

Embattled Australian casino operator Star Entertainment confirmed on Friday its intent to sell its leasehold interest in the Brisbane Treasury Building. The news comes...
Gaming News

New Jersey’s DGE Penalizes Borgata over Underpaid iGaming Taxes

The Borgata and its parent company, MGM Resorts, did not respond to journalists’ requests for comment New Jersey’s gambling regulators understood that the Borgata Hotel Casino...
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