In a significant turn of events, Bally’s and the city of Chicago have reached a settlement in a controversial lawsuit involving the company’s planned initial public offering (IPO). The lawsuit was filed by two individuals who contended that Bally’s proposed IPO discriminated against non-minority groups, particularly white men. Represented…
Category: Featured
In the high-stakes world of sports betting, it’s no surprise that disputes can arise, often leading to significant frustration for both bettors and bookmakers. Recently, the Illinois Gaming Board was called to intervene in such a disagreement, brought to their attention by Chicago bettor Mark Aiello. Aiello had reportedly…
The sweepstakes casino industry in the United States is undergoing rapid growth, showcasing resilience despite facing some regulatory hurdles. According to Global Market Insights, the global market for sweepstakes casinos is projected to reach an impressive value of $350 billion by 2032. Meanwhile, the iGaming sector is expected to…
Las Vegas casinos are feeling the heat to adopt smoke-free policies as investor pressure and shifting public opinion gain momentum. While most Las Vegas Strip resorts still permit smoking on their gaming floors, an increasing number of people are urging casino operators to reconsider. Park MGM stands out as…
VICI Properties, a significant player in the casino real estate market, has set its sights on enhancing shareholder value through the strategic growth of its dividend and adjusted funds from operations (AFFO). As the company looks to the future, the vibrant and ever-evolving landscape of Las Vegas stands out…
The battle against the proposed Shiloh Resort & Casino in Sonoma County has reached new heights, capturing the attention and active participation of local leaders. Sonoma County Supervisor Lynda Hopkins and Windsor Town Manager Jon Davis have recently filed legal declarations in federal court, aiming to contest the U.S….