BUSINESS

Gaming Industry News Weekly Recap – Stories You Might Have Missed

TAGs: weekly recap

september-26-new-weekly-recapTHE AMERICAS

Sands gave up on Florida casino dreams, new target Georgia. Steve Wynn withdraws its license application to conduct Internet gambling in New Jersey. The state of Illinois reported a 5.8% drop in gambling revenue to $1.23b. The Bureau of Indian Affairs approved Mashpee Wampanoag’s application to hold over 300 acres land in trust for its $500m casino in Massachusetts. Connecticut asked a federal court to dismiss MGM Resorts’ lawsuit. The founder of Bitcoin Savings & Trust Trendon Shavers pleaded guilty to one count of securities fraud. Rep. Frank Pallone wants sports betting to go “out of the shadows.” Massachusetts AG Maura Healey has initiated a review on the legality of DFS site DraftKings. NCAA has warned players of a one-year ban if caught playing fantasy sports. DraftKings to offer fantasy eSports on Oct. 1; FanDuel refused to be left behind. Shaquille O’Neal and Dynamic Gaming Systems to release a new slot at Parx Casino.

EUROPE

Julien Sitbon has won the Unibet Open in Cannes after beating the Swede Karl Stark in heads-up action at the Casino Barriere. Betfair has signed rugby legends Lawrence Dallaglio and Keith Wood to head their coverage of the 2015 Rugby World Cup. Novomatic has acquired amusement machine operator, Playnation.

ASIA

Dore Entertainment investors have urged the Macau government to address the theft case; Macau gaming regulator to revise junket regulation. Donaco International has launched Heng Sheng VIP club at the Star Vegas Resort & Club in Cambodia. Rajendran Kurusamy was sentenced to four years in jail for conspiring to fix a match in the SEA Games. Bloomberry Resorts eyes Argentina for his second overseas casino venture.  DoubleU Games Co. aims to expand its business in social casino space. Visitor arrivals to Macau dropped 14.5% from previous month to 3.03 million; Macau GGR likely to drop 32% according to HSBC.

 

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