Entries by admin

iGaming Growth: Analyzing Pennsylvania Casino Revenue Trends and Challenges

Pennsylvania Casino Revenue Trends: Analyzing iGaming Growth and Challenges While Pennsylvania’s traditional casino industry experienced a minor uptick in revenue from in-person gaming in October 2024, with combined earnings from slots and table games hitting approximately $274.5 million—an increase of 0.2% year over year—this performance reflects the broader tension in the sector. Despite this modest […]

Online Gambling Crimes: Thai Serial Killer Sentenced to Death

Online Gambling Crimes: Thai Serial Killer Sentenced to Death A Thai woman, known as Sararat Rangsiwuthaporn, and infamously nicknamed “Am Cyanide,” has been convicted and sentenced to death in what authorities call Thailand’s most horrific case of serial killings. Accused of murdering 14 individuals through poisoning, Sararat’s motives are deeply linked to a severe gambling […]

Las Vegas Local Casinos: An Analysis of the Casino Market Performance

Analyzing the Casino Market: Performance of Las Vegas Local Casinos The Las Vegas locals’ gaming market, a key segment of the broader casino market, seems robust at first glance, boasting a year-to-date increase in gross gaming revenue (GGR) of 6%. This statistic has sparked enthusiasm among sell-side analysts, particularly regarding Boyd Gaming (NYSE: BYD) and […]

Mohegan CEO Discusses New York Casino Licensing

Mohegan CEO Discusses New York Casino Licensing The Mohegan Tribe, recognized as one of the significant players in the gaming industry through their company, is currently undergoing an expansive strategic shift focused on securing crucial casino licensing. Mohegan President and CEO Ray Pineault has publicly stated that securing a casino license in New York City […]

IGT Gaming Technology Cybersecurity Incident and Its Financial Implications

Cybersecurity Risks in Gaming Technology: IGT Incident and Financial Implications International Game Technology (IGT), a leading name in the gaming technology sector, has publicly acknowledged a cybersecurity incident that posed disruptions within its operations. This situation, delineated in a recent regulatory filing, raises concerns among stakeholders regarding potential consequences. Image by Sunriseforever from Pixabay Details […]