Interpol’s Massive Operation Targets Money Laundering Linked to Illegal Betting During Euro 2024 The global crackdown on organized crime reached a fever pitch during Euro 2024, as a massive Interpol operation targeted the underground networks driving widespread illegal betting. This sweeping campaign focused on dismantling the structures used to facilitate unregulated wagers, resulting in over […]
Crown Resorts Sells Melbourne Property to Realign Focus on Global Gaming Licenses and Corporate Restructuring Crown Resorts has successfully sold its One Queensbridge development site, a strategic move designed to facilitate corporate restructuring and optimize its portfolio following extensive governmental reviews. As the company works to recuperate losses and stabilize its operations, a primary focus […]
Fly Into the Action: New Airport Expansion Brings More Gamblers to the Las Vegas Strip As the global epicenter of excitement, the Las Vegas Strip continues to draw millions of travelers eager for world-class gaming and entertainment, fueling a constant need for improved infrastructure. More than 25 years after it was first proposed, work on […]
Buddhist Monk Embezzled US$9 Million for Online Baccarat, Gets Karma A high-profile investigation has unfolded at one of Thailand’s most prominent temples, where a Buddhist abbot is under scrutiny for allegedly embezzling over US$9 million (approximately 290 million baht). The investigation reveals that the stolen religious funds were purportedly laundered through an illegal gambling network, […]
How Resorts World New York City’s Casino License is Driving the Construction of 50,000 Affordable Housing Units As part of its commitment to social responsibility following the acquisition of its casino license, Resorts World New York City has made a significant pledge to assist in the construction of up to 50,000 affordable housing units across […]
From Dining to Dice: How Piero’s Italian Restaurant Changes Hands Amidst the High Stakes of Las Vegas Casinos Piero’s Italian Cuisine in Las Vegas has been sold to a local restaurateur, according to a reliable source. This sale follows allegations that the founder’s son committed fraud by securing a $1.5 million loan against the business. […]
News Legal Poker’s Tom Dwan Threatens to Sue Over Treatment at London Mental Hospital Poker pro Tom Dwan alleges forced treatment during hospital psychiatric hold Tweets hinted at delusions, surveillance, and foreign conspiracies Dwan vows multiple lawsuits after returning to US US high-stakes poker star Tom Dwan has vowed to file “a bunch of lawsuits” […]
Vora Criticizes Penn Plan to Refresh Board, Demanding Greater Accountability for the Casino Operator As a leading casino operator, understanding the essential drivers of industry success is vital; therefore, we have outlined the following key highlights to guide your strategic decisions. Hedge fund labels plan to potentially add a director post-annual meeting as “an assault” […]
Wynn Withdraws New York Bid Amid Challenges Securing Casino Licenses Company says recent rezoning process highlights more effective uses of capital Mentions lingering opposition despite pledge to create 5,000 jobs The competitive landscape for casinos in New York City continues to evolve dramatically, with Wynn Resorts (NASDAQ: WYNN) recently announcing its exit from the race. […]
Federal Lawmakers Demand Reforms to Government Charge Cards Following Exposure of Excessive Gambling Spending Sen. Joni Ernst and Rep. James Comer want a probe into government spending Ernst and Comer are concerned about federal government charge cards Card records show transactions at casino ATMs and strip clubs Two Republican federal lawmakers — Sen. Joni Ernst […]