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BetMGM is targeting the sports landscape in Las Vegas as a strategic objective to augment its market share and achieve an adjusted revenue of $500 million by 2026. In 2024, the organization intends to conduct additional investments in pursuit of this objective. As per the statement made by Adam Greenblatt, the CEO of BetMGM, the […]Continue Reading

For the first time in the history of sports betting, the world has witnessed the greatest amount of gambling activity at a Formula 1 race. The first race in Vegas was groundbreaking as an opening on the Formula One (F1) list, but it also triggered more sports gambling than the famous 2021 Grand Prix de […]Continue Reading

Culinary , a group of 226 people, readily agreed to the five-year contract extensions with Caesars Entertainment and MGM Resorts International. Caesars executives ed for 99 percent of the votes cast. A comparable pertained to the MGM employees. Employees of Wynn have not yet voted. Employees demanded a higher salary, greater work-life balance, and Continue Reading

Major League Baseball has approved the move of Oakland A to Las Vegas. Meaning, the Las Vegas Strip will now have a new destination to boost tourism and community building. Major lawmakers have come forward to applaud the move. This includes Nicole Cannizzaro and Steve Yeager. Approving the most to Las Vegas green signals the […]Continue Reading

The captivating realm of online gambling has overwhelmed an unlimited number of players worldwide, sparking their interest to engage in their favorite gambling activity and experience a truckload of fun and entertainment. Although this innovative form of online gambling is appealing, exciting, and cost-effective, concerns related to casino security have also cropped up at Continue Reading

Prominent gaming software developers, including Stakelogic and Stakelogic Live, have recently introduced the Super Wheel™. An innovative characteristic that merges Stakelogic’s slots with a live casino bonus wheel, providing players with one-of-a-kind opportunities to win valuable rewards and bonuses. It will be fully implemented across the network soon, Continue Reading

MGM Resorts International recently revealed its Q3 earnings for 2023. The biggest Las Vegas Strip operator beat every estimate despite experiencing a cyberattack. As expected, the announcement saw MGM shares rise during the after-hours trading session. The Cosmopolitan operator stated that it secured 64 cents per share on 3.97 billion dollars in revenue.  This revenue Continue Reading

Vivid Seats, a ticket exchange situated in Chicago, has acquired Vegas.com for $240 million. The payment was made partly by cash and partly by stock. This will help Vivid Seats raise its total addressable market (TAM) by over $6 billion. The company is known to be the third-biggest ticket exchange on the Web.  According to […]Continue Reading

The Provably Fair system is crucial in maintaining transparency in online gaming. This technique allows you to check the integrity of your wagers at any moment to ensure that everything is in order with the result of the wager. Using smart contracts and provably fair gaming technology provides various advantages regarding online gaming fairness. Smart […]Continue Reading

Konami Gaming and Xailient have made major advancements in the casino industry. They have entered into a strategic partnership to announce SYNK Vision to enhance the customer experience through enhanced harm minimization and secure identity management. Interestingly, it is being considered a serious take on achieving responsible gambling. The ultimate goal is to replace Continue Reading

Nevada regulators are contemplating the restructuring of a policy after a casino in Mesquite was requested to pay a jackpot to an undeserving player. The Nevada Gaming Control Board has reportedly requested that the Casablanca hotel-casino pay gambler Rhon Wilson $2,045.18, even though he was not permitted at the casino. According to the statement released […]Continue Reading

Miranda Du, the chief US district judge in Nevada, has disregarded a proposed lawsuit against the major actors in the Las Vegas hotel industry. Inclusions included MGM Resorts International, Caesars Entertainment, and others. The allegation was that the hotels had increased their accommodation rates in violation of U.S. antitrust law. Judge Du issued a 13-page […]Continue Reading

Online gambling has experienced a significant surge in popularity, attracting a growing number of individuals who seek the thrill and entertainment of casino games from the comfort of their homes. Nevertheless, this upswing in online gambling has also led to a parallel increase in online casino scams. An essential facet of ensuring one’s safety in […]Continue Reading

Cryptocurrencies and blockchain technology have ushered in a new age of transparency, speed, and security in the quickly developing field of online gaming. Solana, a high-performance blockchain platform creating waves in the gaming sector, is at the fore of this digital transformation. Solana provides casino players with an unrivaled experience in of payment Continue Reading

Las Vegas Sands declared its third-quarter revenue collection for 2023, which shows an increase compared to the previous year. The third quarter of 2023 concluded on September 30, 2023, and witnessed a collection of $2.80 billion in the form of net revenue generation. Comparatively, for the third quarter of 2022, it was $1.01 billion.  The […]Continue Reading

Analysts are confident that MGM Resorts International will fully recover despite experiencing a cyber attack. According to their comprehension, the attack will not have any significant negative consequences. In a recent statement, David Katz, an equity analyst with New York-based Jefferies, placed a price of $69 per share on MGM shares. As a result, MGM […]Continue Reading

BetMGM forms a mutually beneficial collaboration with Inspired Entertainment. Together, the two companies will introduce the MGM Bonus City hybrid dealer game. This is slated for October 11, 2023. The game is the t effort of Inspired Entertainment and its advanced technology, along with BetMGM’s expertise in online hybrid gaming.  BetMGM is a leading company […]Continue Reading

The shares of MGM Resorts International saw a downward slide following the ransomware attack on the company. The casino operator also anticipates third-quarter revenue will see a shortfall of $100 million. The figure is before EBITDAR. This includes taxation, interest, depreciation, amortization, and the cost of rent.  The cyber attack was responsible for creating Continue Reading

Recently, MGM and Caesars were victims of a cyberattack. The extent of the damage can be determined by the length of time that both platforms were unavailable to their consumers. MGM, for instance, was impacted for nine days as a result of the attack on its computer systems. Now, the Nevada Gaming Control Board (NGCB) […]Continue Reading

There are, in all, five legal cases that have been filed against MGM Resorts International and Caesars Entertainment for not being capable of safeguarding critical customer data. This was the period when Las Vegas casinos became the victims of several cyber threats.  The legal cases filed in Nevada District Court mention that both the biggest […]Continue Reading

Reports have revealed that MGM received an ‘F’ grade from a cybersecurity analytics firm before witnessing the hack. The grade reflects the time that a venture takes to address its vulnerabilities. An ‘F’ grade does not showcase a bright picture, as it means that the platform is extremely vulnerable to experiencing a hack attack. This […]Continue Reading

Venetian Las Vegas delivers its latest high-limit gaming lounge, which will be positioned on the Palazzo casino floor. The artistic and architectural brain behind the lounge is Wimberly Interiors, and it will be spread over an area of 15,000 square feet. There will be a designated section for table games and another for the most […]Continue Reading

As per reports, Scattered Spider has claimed responsibility for carrying out a data breach at MGM and Caesars. The theft involves taking 6 TB of data from reputed casinos. It mainly includes pieces of information related to s’ driving licenses and social security numbers. Caesars interacted with the media but declined to dig deep with […]Continue Reading

Cybersecurity related to Las Vegas Strip casino operators has seemingly become vulnerable, with MGM Resorts International having fallen prey to a multi-pronged cyber attack. Its competitive company, Caesars Entertainment, will shortly come out with its revelation of having been the victim of a ransomware crime.  Some unknown informants who are aware of the case spoke Continue Reading

Casino gaming has undergone a remarkable transformation with the advent of mobile technology. Players now have the freedom to enjoy their favorite casino games anywhere, anytime, thanks to the convenience of mobile casino gaming. One platform that has taken this experience to new heights is Cloudbet Casino. In this article, we delve into mobile casino […]Continue Reading

Federal Law Enforcement agents are reportedly looking into the way San Fernando Valley functions. It has come to light that many hotel employees have used casino assets to clear their gambling debts. While the investigation is fresh from the early days of August this year, many people from the industry are speculating that it could […]Continue Reading

Casinos in Las Vegas are way above the mark of $1 billion when it comes to monthly wins. The most recent figure of $1.40 billion for July 2023 makes it evident why Las Vegas is a hot destination for entertainment, no matter the conditions. The rise is at the rate of 6.7% in comparison to […]Continue Reading

IGT, short for International Gaming Technology, has launched a bespoke gaming title, Caesars Cleopatra, specifically for Caesars Palace Online Casino. The venture recently launched its online version of the gaming arm and is now backed by an iGaming title that has been customized for its players’ preferences. Major changes have been made in of […]Continue Reading

Stakelogic and Golden Palace have finally put pen to paper to sign a partnership agreement. This agreement gives Stakelogic access to a wider audience in Belgium. Golden Palace, on the other hand, gains access to the dice games and roulette table games of Stakelogic. Needless to say, both ventures benefit from this partnership. While the […]Continue Reading

The emergence of cryptocurrencies in recent years has completely changed the landscape of online casinos. Tether (USDT) is a cryptocurrency that has become quite popular in online gaming. Tether is a stablecoin, which means its value is linked to a trustworthy asset like the US Dollar and gives s an easy-to-use replacement for conventional fiat […]Continue Reading