Macau's casino revenue is struggling to recover from the pandemic, with November 2021 figures showing a 70% decrease from pre-pandemic levels. New travel restrictions and regulations threaten the industry's future.
Las Vegas casinos have reported over $1 billion in revenue for the eighth consecutive month, with October's figures tying a previous record set in 2006-2007.
Run It Once Poker will cease operations on January 3, 2022, to focus on the US market. Players have until April 3, 2022, to withdraw their balances.
Offshore casinos offer a safe haven for gamblers in states with harsh gambling laws. They may not have all the necessary licenses to operate under US jurisdiction, but they often provide massive welcome bonuses.
Hard Rock International is acquiring the Mirage resort on the Las Vegas Strip for $1.08 billion, with plans to replace the iconic volcano with a guitar-shaped tower.
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Australian gambling regulators are raising alarms about potential illegal transactions in casinos, with concerns that billions of dollars could be laundered annually.
Johnny Chan’s Houston cardroom, 88 Social, has been closed amid allegations of financial impropriety. Players are unable to cash out their chips, and Mike Matusow has hinted at a possible buyout.
A lawsuit filed in the Northern District of California accuses Apple, Facebook, and Google of promoting gambling through their platforms. The lawsuit specifically targets 'social casinos,' which are gambling apps that use virtual currency but allow users to purchase additional chips with real money.