Caesars Entertainment has announced that they have entered into an agreement to sell the popular LINQ Promenade. The buyers appear to be a joint venture company that will be formed between TPG Real Estate and the Investment Management Platform of Acadia Realty Trust for $275 million. The LINQ Promenade is a high traffic, 1,200-foot-long corridor
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View image in fullscreen Rachel Reeves ‘missed opportunity’ to raise £900m from online casinos Labour’s links to gambling industry questioned again after decision not to raise tax rate for online gaming Rachel Reeves has been criticised over a “missed opportunity” to raise £900m from online casinos in her first budget as chancellor, amid concerns about
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The UK gambling industry recently navigated potential financial upheaval with the announcement that the autumn budget would not implement the anticipated increases in gambling duties. This decision is welcomed by the sector, particularly as it continues to support substantial economic activities and national sports. Stable taxes support industry growth: Grainne Hurst, CEO of the Betting and
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Global betting company 1xBet has announced its participation in SiGMA Europe 2024, taking place November 11-14 at the Mediterranean Maritime Hub in Malta. At booth 2154, the company will welcome guests, share insights on market prospects, and present the opportunities of the 1xPartners affiliate program. The booth will feature cocktails and entertainment, including digital football and a
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Las Vegas-based locals casino operator Golden Entertainment has finalized renovation projects at its Arizona Charlie’s hotel-casinos, enhancing guest experiences at both suburban locations.  At Arizona Charlie’s Boulder, situated at 4575 Boulder Highway, all 303 hotel rooms have received updates. The renovated accommodations now feature queen rooms measuring around 400 square feet and king rooms of approximately
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After Halloween comes the Day of the Dead, which is why we’re taking a look at the Dancing Dead online slot now! It’s a 5 reel game with 3 rows that features dancing skeletons, low volatility, and colorful graphics! There are Wilds and Expanding Wilds, a Bonus Round, a Gamble Feature, and Multiple Jackpots! And
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Franco Digital, a prominent Spanish iGaming provider, has announced a strategic partnership with Bulgarian supplier Amusnet to broaden the gaming content offered through its IRIS Platform. This collaboration aims to deliver a greater range of high-quality casino games to operators and players across key regulated markets, further establishing R. Franco Digital’s IRIS platform as a
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View image in fullscreen How computer-assisted wagering became horse racing’s insider trading Cash-strapped racetracks are selling out everyday bettors to whales who use algorithms to wager huge sums at friendlier odds. It’s a rigged system designed for the rich to get richer As the thoroughbred horse racing industry fades in America, I think back on
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A detailed study orchestrated by the Swiss Institute for Addiction and Health Research (ISGF), on behalf of the Swiss Federal Gaming Board (SFGB) and the Intercantonal Gambling Supervisory Authority (Gespa), has dissected gambling behaviors in Switzerland for the year 2022. Utilizing data from the Swiss Health Survey conducted by the Federal Statistical Office, this comprehensive analysis offers insights into the evolving landscape of gambling
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Campaign spending for and against a high-stakes casino licensing ballot initiative in Arkansas has reached a record-breaking $30 million, making it the most expensive initiative in the state’s history. Issue 2, which could rescind a Pope County casino license, has garnered massive financial backing from stakeholders, reflecting the intense debate over casino expansion in the
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The European Commission (EC) has extended the standstill period on Italy’s anticipated new licensing framework for online gambling, following objections from Malta. The EC’s decision, which delays Italy’s tender for online gambling concessions until 18 November, comes after Malta raised significant concerns about the technical and compliance requirements imposed on B2B businesses under Italy’s proposed
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Rush Street Interactive, Inc. (RSI), a frontrunner in the online casino and sports betting industry across the Americas, disclosed its financial results for the third quarter ending September 30, 2024. The company achieved remarkable financial milestones, with revenue soaring to $232.1 million, marking a 37% increase from $169.9 million in the same quarter of the previous year. This
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