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The Harrah’s Cherokee Casino Resort in North Carolina has once again become the home of a major World Series of Poker (WSOP) contest as it hosts 18 WSOP Circuit ring events.
“This isn’t just a tournament…It’s 12 days, $5 MILLION in guarantees, and your shot at the gold ring,” the Caesars-operated casino resort exclaimed on social media.
The event kicked off on Thursday (August 7) and will run...
PENN Entertainment have seen overall revenues of $1.4 billion in Q2, but the quarter hasn’t been without its challenges as the company touches on the need for operational discipline.
Jay Snowdon, the CEO and President, is quoted in the latest report saying the results “include approximately $2.9 million in severance costs, incurred as part of strategic workforce adjustments that drive...
Former NBA star Gilbert Arenas has been arrested in connection with a federal indictment tied to an alleged high-stakes gambling ring, which has now brought attention to a 2023 murder in the Hollywood Hills.
The indictment follows the investigation into the execution-style killing of 39-year-old Emil Lahaziel, who was shot in the face outside a luxury home on Fareholm Drive in the early hours of...
Ecuador President Daniel Noboa has paved the way for the reintroduction of casinos and gaming halls, as part of a wide-ranging referendum on key issues surrounding gambling for the South American nation.
The leader insists the gambling activity will be limited to five-star hotels, with a 25% tax levy applied to fund social programs, including school meals and child malnutrition.
In a detailed...
The Cayuga Nation has won a key legal battle after a federal judge ruled that its lawsuit against New York State over gaming rights can move forward.
The Nation claims the state has been running unauthorized gambling operations, with the case centering on the use of Class III gaming, including lottery machines and terminals for Powerball and Mega Millions, on tribal land without consent or legal...
The Institute for Public Policy Research (IPPR) has called upon the UK government to significantly increase gambling tax, as a means to reduce child poverty.
The think-tank has set out its position with the aim of the policy change raising around £3 billion ($4 billion) per year, while it insists there would be no real boost to the illicit gambling market.
One high-profile figure backing the IPPR...
In another update for The Star Entertainment Group, JPMorgan Chase has now acquired a 5.66% stake in the business.
This percentage represents the investment banker’s new voting power within the company, with the news being shared through an ASX Announcement and notification of substantial shareholding.
“As required under Listing Rule 3.19, The Star Entertainment Group Limited (the Company) gives...
The World Lottery Association (WLA) has announced that it has ramped up activities to combat match fixing and other illicit activities which impact the industry.
“Together with other stakeholders, we are leading this global fight,” the WLA says. In a deeper look into the topic, which is done in the association’s magazine, the Chair of the WLA, Jean-Luc Moner-Banet, expands on the issues the...
DraftKings has just announced its statistics for the second quarter, with its revenue seeing a massive 37% growth.
For the three months ended June 30, 2025, the American gambling company has seen revenue of $1,513 million, which represents an increase of $408 million, or 37%, compared to $1,104 million during the same period in 2024.
The major increase is said to have been driven primarily by ‘...