Casino and gambling news covering gaming operators, sports betting expansion, regulation, and revenue trends.
This commentary argues that the Australian government's proposed gambling ad restrictions are insufficient, citing public support for a total ban and children's concerns about gambling's influence. It contends that political lobbying by sporting codes, broadcasters, and gambling companies has prevented stronger action, despite evidence of harm.
This commentary argues that gambling losses are widespread and often concealed, citing a survey showing Arizona residents have the highest average single-session losses. It contends that social media and influencer culture glamorize wins while hiding losses, leading to shame and secrecy, and calls for more transparency around gambling behavior.
This commentary argues that proposed acquisitions of Caesars and MGM by private equity firms are unlikely to immediately affect most frontline casino workers in Las Vegas due to union contract protections, but warns that corporate and management positions face greater risk of consolidation and job cuts. It suggests the dual transactions signal strong investor interest in Las Vegas.
Evoke, owner of William Hill and 888, has agreed to a £243.1 million takeover by Bally's Intralot. Shares rose over 12.5% in early trading. The deal was triggered by the UK government's November announcement of a remote gaming duty increase from 21% to 40%.