MGM Targeted in 2019 Data Hack, 10.6 Million Records Stolen
MGM Resorts International (MGM) was the target of a large-scale technology infiltration last year, one that resulted in the personal data of more than 10.6 million guests being shared on…
Macau Casinos Are Reopening, But February GGR Declines Will be Harsh
Macau gross gaming revenue (GGR) is likely to plunge 80 percent this month even though casinos there are expected to reopen on Thursday, according to J.P. Morgan analysts. Macau casinos…
Singapore Is Using Tax Breaks to Help Casinos in the Wake of COVID-19
Marina Bay Sands (MBS) and Resorts World Sentosa – Signapore’s two integrated resorts – are getting some tax breaks this year as policymakers there are looking to bolster a tourism…
1060 Capital Boosted Sports Betting Equity Exposure in Q4
1060 Capital Management, a hedge fund with a track record of investing in gaming stocks, initiated positions in some sports betting equities in the fourth quarter. At the same time,…
Matchbook Gambling License Suspended by UKGC
UK regulators suspended leading betting exchange Matchbook’s gambling license on Monday for reasons that are not yet clear. Betting exchange Matchbook is a prominent sponsor of UK racing, but British…
Maryland Lawmakers Seek to Strip Voter Power Regarding Gaming
Lawmakers in Maryland are moving forward with legislation that seeks to remove powers from the general public regarding the expansion of commercial gambling in the state. Maryland lawmakers want to…
Feds Say Mass. State Rep. Dipped into Campaign Funds for Personal Use
A federal prosecutor announced on Tuesday that a prominent Massachusetts state lawmaker was arrested and charged with using campaign funds to pay for personal expenses and for falsifying loan applications…
Churchill Downs Wants ‘Derby City Lite’ HHR Parlor for Northern Kentucky
LEXINGTON, Ky. – An official from Churchill Downs Inc.’s told members of the Kentucky Horse Racing Commission (KHRC) on Tuesday that the company plans to build a historical horse racing…
Tennessee Lottery Holds Off on Sports Betting Regs After Issues Raised
Don’t expect Tennessee officials to pass sports betting regulations any time soon. After lawmakers raised concerns about the draft sports betting regulations, the Tennessee Education Lottery Corp. will hold off…
Mike Bloomberg Joins Democratic Debate, Odds Favor Bernie Sanders
Mike Bloomberg has met the requirements to be on the Democratic debate stage tonight in Las Vegas at the Paris Theater. Mike Bloomberg’s polling numbers are improving following an aggressive…