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Philippines casino industry records encouraging fourth-quarter revival

The many commercial and state-run casinos in the Philippines reportedly saw their aggregated gross gaming revenues for the final three months of 2021 increase by 21.7% year-on-year to reach approximately $554 million. According to a report from GGRAsia citing official figures from the Philippine Amusement and Gaming Corporation (PAGCor) regulator, this rise came as the […]

Flutter Entertainment heralds dominant SportsBet.com.au position

In Australia and the firm behind the online sportsbetting domain at SportsBet.com.au has reportedly announced that the site now holds an over 50% share of the nation’s domestic sports wagering market thanks to another record year of financial results. According to a report from Inside Asian Gaming, the Northern Territory-licensed sports wagering enterprise is owned […]

Laos Kings Romans Casino Sees Authorities Move to Protect Female Workers

Authorities in Bokeo province in Laos, Southeast Asia, have drawn up new regulations to fight the exploitation of female workers in the Golden Triangle Special Economic Zone (GTSEZ). The zone includes the notorious Kings Romans Casino. But can the rules be enforced in the semi-lawless region?

Kings Romans Casino
Real-life Bond villain Zhao Wei runs the Golden Triangle SEZ as a “lawless playground” for Chinese tourists. (Image: Twitter)

The GT-SEZ dominates the tiny province, which is Laos’ smallest and least populated, despite being home to 34 separate ethnic groups. And the GT-SE

Bob Baffert Goes to Court: Seeks Stay on Suspension, Wants Churchill Ban Struck Down

The Kentucky Horse Racing Commission will meet on Friday to determine whether or not to grant a stay on a 90-day suspension stewards handed down to Hall of Fame trainer Bob Baffert. That came in the wake of their ruling that disqualified Medina Spirit as last year’s Kentucky Derby winner.

Churchill Downs
The Twin Spires are a famous landmark at Churchill Downs. This week, trainer Bob Baffert has taken a couple of legal steps in an effort to field horses in this year’s Kentucky Derby, scheduled for May 7 at the Louisville track. Image: Churchill Downs)

The news comes as Frankli

DraftKings Anointed Top Gaming Pick by Morgan Stanley

It’s not doing much to move the stock, but DraftKings (NASDAQ:DKNG) is garnering some support today in the form of bullish analyst commentary.

DraftKings
A DraftKings lounge at Gillette Stadium. Morgan Stanley issued bullish commentary on the stock today. (Image: New England Patriots)

Morgan Stanley highlights the daily fantasy sports (DFS) and online sportsbook giant as its top pick in its gaming and lodging coverage universe. The bank’s positive outlook on DraftKings arrives after the stock recently endured a spate of negative price target revisions and with the shares

President Joe Biden State of the Union Improves 2024 Reelection Odds

President Joe Biden delivered his first State of the Union address before Congress last night. And the speech convinced some political bettors that the 46th commander-in-chief can win a second term.

Joe Biden State of the Union 2024 odds
President Joe Biden delivers his first State of the Union on March 1, 2022. Vice President Kamala Harris and House Speaker Nancy Pelosi look on. (Image: AP)

Biden’s SOTU comes at a most perilous moment, as Russia’s invasion of Ukraine likely forced a rewrite of the president’s address. The 79-year-old stumbled at times while reading from the teleprompter, but manage

Macau Legend Gets New CEO, Chairmen After Levo Chan Arrest

Casino operator Macau Legend Development Ltd has appointed a new CEO. The news comes a month after its former CEO and chairman, Levo Chan, was arrested by Macau authorities for illegal gambling, money laundering, and formation of a criminal syndicate.

Macau Legend
Former Macau lawmaker Melinda Chan, seen above, is taking the reins at Macau Legend following the arrest of Levo Chan. (Image: Hoje Macau)

Macau’s Public Prosecutions Office has said that Chan, a major shareholder in Macau Legend, is suspected of being the head of a triad gang. That alone carries a penalty of up t

Apollo Looking to Merge Yahoo! Sports with Sportsbook Operator

Apollo Global Management (NYSE:APO) is reportedly holding early stage talks about merging Yahoo! Sports with a sports wagering company.

PointsBet
PointsBet has a media deal with NBC. However, Apollo’s Yahoo! Sports could be courting the sportsbook operator. (Image: Sportico)

CNBC reported the news earlier today, citing unidentified sources that say the private equity company is discussing a possible transaction with Australia’s PointsBet (OTC:PBTHF). But neither Apollo nor the gaming company commented on the matter.

Apollo and Yahoo! are considering merging Yahoo Sports

Las Vegas Suspect Arrested on Murder, Attempted Murder Counts for Dozen Shootings

A 44-year-old man was arrested on a murder charge Tuesday in connection with the weekend shooting death of one victim in a hookah lounge east of the Las Vegas Strip. Lee Frank Wilson was also reportedly charged with 12 counts of attempted murder for the alleged wounding of a dozen others during the deadly incident.

Las Vegas Hookah Lounge Shooting
Las Vegas Metro police continue to search the crime scene of a shooting located east of the Las Vegas Strip. A suspect was arrested on one count of murder and 12 counts of attempted murder. (Image: Las Vegas Sun)

Wilson allegedly fatally shot Demetre

Enjoy and Dreams Advance Plans for Latin American Gaming Company

Enjoy and Dreams, two casino operators with commanding positions in Latin America, agreed to merge last year. Their plan is still developing but moved closer to the finish line this week.

Casino Enjoy Santiago
The Enjoy Santiago Hotel and Casino in Rinconada, Chile. As two casino giants merge, the property may have to be sold to appease regulators. (Image: ChoiceCasino)

Enjoy and Dreams are working on creating a behemoth casino company in Latin America and are now going through the regulatory maze.

This is one of the many stops the merger has to make along the way and is necessary

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