Betting Industry Reacts to Canada's National Sports Betting Ad Bill

Betting Industry Reacts to Canada's National Sports Betting Ad Bill

By Michael Thompson

November 22, 2024 at 05:17 PM

MGM Resorts plans to build a 1,500-room resort called The Island on Dubai's 26-acre Bluewaters Island, featuring a micro sphere attraction similar to the Las Vegas Sphere but on a smaller scale.

Financial analysts confirm MGM has sufficient capital and resources to execute multiple new casino hotel projects in the coming years.

Star Entertainment has sold its Brisbane Treasury Building lease following the casino's closure, marking a significant shift in the Australian gaming landscape.

Melco Resorts' Lawrence Ho launched his second SPAC IPO, expanding his gaming empire's reach in the Asian market.

Filipino casino owners continue to dominate the country's wealth rankings, highlighting the industry's significant economic impact in the Philippines.

MGM Resorts International strengthens its presence in China with a new hotel opening, furthering its Asian expansion strategy.

Manila casinos are expected to see increased revenue due to improved air connectivity with South Korea's Incheon International Airport.

MGM's online gaming initiatives could positively impact the company's credit rating, according to industry analysts.

Brazil's lawmakers have approved an integrated resort casino bill, opening new opportunities in South America's largest market.

Codere implements its fifth restructuring plan, reducing debt by 92% to improve financial stability.

Century Casinos is considering selling its two-thirds stake in Casinos Poland and may explore share buyback options.

Thailand is evaluating a potential casino resort in Songkhla near the Malaysian border to boost tourism and revenue.

Entain stabilizes operations but announces closure of Crystalbet, while former Rank Group CEO Henry Birch is considered for leadership position.

Flutter shareholders approve primary listing migration to NYSE, signaling a strategic shift toward the U.S. market.

Melco Resorts expands globally through a new partnership in Sri Lanka.

Galaxy Macau announces plans for a new high-end luxury boutique hotel opening next year.

Malaysian government officials deny reports about considering a casino near Singapore.

Ukrainian President Zelenskyy restricts iGaming access to address military gambling addiction concerns.

An Australian casino's system error led to mistaken payouts and subsequent arrests of recipients.

South Korea announces $1.85 billion expansion plans for Kangwon Land Casino Resort.

Bloomberry resolves a long-standing contract dispute with a $300 million settlement.

Resorts World Genting closes two casinos at its Malaysia resort location.

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