Casino Jackpot

Under negotiation since last year, real estate investment firm VICI Properties and its partner, the financial conglomerate Blackstone, have finally agreed on the purchase of the MGM Grand and Mandalay Bay gaming properties. VICI Properties becomes the sole owner of these casinos. This subsidiary of the famous operator Ceasars Entertainment also intends to develop its … [Read more...] about VICI Properties completes purchase of MGM Grand and Mandalay Bay gaming properties

Finally, 6 concession contracts were signed at the Macau government headquarters on Friday, December 16, 2022. The operators involved consist of MGM Resorts International, Galaxy Entertainment, Las Vegas Sands, Melco Resorts & Entertainment, Wynn Resorts and SJM Holdings. These players still plan to operate the land-based casino sector in this administrative region of China … [Read more...] about A new distribution of games is coming to Macau’s casinos

China's special administrative region of Macau, often referred to as the world's gambling capital, is struggling to recover from the adverse effects of the health crisis on the local economy. However, the authorities, far from admitting defeat, are multiplying strategies to get out of this quagmire. As the new year dawns, which also represents the new concession period, some … [Read more...] about Macau grants slot machines and gaming tables to operators

Bubba Technology Group is found guilty of distributing illegal slot machines to South Carolina gaming companies. An investigation by Homeland Security Investigations (HSI) and the South Carolina Law Enforcement Division (SLED) in conjunction with several law enforcement and security agencies resulted in the dismantling of this extensive illegal gaming ring. Bubba Technology … [Read more...] about Bubba Technology Group Sentenced in South Carolina Court

Michigan authorities have just requisitioned 56 contraband slot machines and an allegedly illicit $12,700. According to the Michigan Gaming Control Board (MGCB) release, these slot machines came from gas stations in Taylor, Redford Township and Allen Park. A Flint-area business is also involved in these fraudulent gambling practices. Huge haul in four raids The Michigan … [Read more...] about Michigan investigators seize numerous gaming machines and over $12,700

Mergers and acquisitions make up the bulk of the transactions taking place in the gaming market. Large companies continue to buy up small and medium-sized companies in the field. New mergers and transactions every fortnight The main transactions in the gaming market are mergers and acquisitions. For some observers, mergers and acquisitions will contribute strongly to the … [Read more...] about Gaming giants plan to control the iGaming industry

Niko Partners is a company that also conducts market research on the video game industry, e-sports and streaming in Asia and the Middle East. In its report, The Metaverse and Beyond: Future Trends of Gaming in Asia, the consulting firm reports on the place of emerging technologies in the future of gaming in Asia. The company recognizes that the Asian continent is at the … [Read more...] about Top five trends influencing the future of gaming in Asia

Following major complications in the way it operates, Crown Resorts is finally reopening the doors to its VIP casino located in its A$2.2 billion, $1.6 billion integrated resort. Crown Sydney was scheduled to open and begin operations in December 2020. Delays have been reported due to investigations by authorities in several states of Australia. Crown Sydney VIP Casino, the … [Read more...] about Crown Sydney VIP Casino is finally back in business and opening its doors to customers