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Casino Lobbying Group Calls for Responsible Gaming Reforms

The leading casino lobbying group in the United States is calling on the industry to implement better practices to promote responsible gaming.

casino lobbying American Gaming Association
The American Gaming Association is seeking less clutter in responsible gaming messages on gambling advertisements, as seen in this example. The casino lobbying group says less is more when it comes to helplines. (Image: AGA)

The American Gaming Association (AGA) issued various recommendations today that the organization believes will better protect players. The guidance is tailored towards providing resources for those w

Xavier Walsh stepping down as boss of beleaguered Crown Resorts Limited

In Australia and the Victorian royal commission looking into the local gambling license suitability of Crown Resorts Limited has reportedly been told that the casino operator’s Chief Executive Officer will be stepping down from later this month. According to a report from the Australian Broadcasting Corporation, the Melbourne-headquartered firm declared that Xavier Walsh is to […]

MGM Resorts Looking to Hire Thousands at Las Vegas Casinos, But Workers Scarce

MGM Resorts International is seeking employees for 3,000 job openings at casinos in the Las Vegas Valley. In some instances, the company is offering work to job applicants on the spot.

Mirage Las Vegas
Guests lounge by the pool at the Mirage Las Vegas. Built by casino developer Steve Wynn, the hotel-casino, now owned by MGM Resorts, opened on the west side of the Las Vegas Strip in 1989. (Image: Las Vegas Review-Journal)

On Monday, MGM Resorts launched a job fair that lasts through Thursday. The event is taking place at One-Stop Career Center at 6330 W. Charleston Blvd., Suite

Further commercial growth for Wazdan via new content agreement with Italian operator Tuko Productions

Looking to grow its footprint in the regulated Italian market, Wazdan Ltd has partnered with local casino game provider and aggregator, Tuko Productions, to debut its games portfolio in the European country. Under the terms of the deal, more than 40 Wazdan titles will be offered by the Battipaglia-based content provider, which has since 2016 […]

Rush Street Interactive Stock Has Double Potential, Says Analyst

Like many of its internet casino brethren, Rush Street Interactive (NYSE:RSI) stock is struggling mightily. But at least one analyst believes the beleaguered shares have the potential to more than double.

RSI stock
Macquarie analyst Chad Beynon, seen here in a 2020 CNBC interview. He sees big upside ahead for Rush Street Interactive stock. (Image: CNBC)

In a note to clients out late Monday, Macquarie analyst Chad Beynon starts coverage of Rush Street Interactive with an “outperform” rating and a $21 12-month price target. That’s more than the stock’s Aug. 2 closing price

Crown Resorts Begs for Victoria License as Two More Top Execs Relieved

Commissioner Ray Finkelstein in Melbourne on Tuesday wanted to know the difference between Australian casino giant Crown Resorts and a car thief.

Crown Resorts
Xavier Walsh (left) and Helen Coonan are out at Crown Resorts as the operator’s Victoria license hangs in the balance. (Image: The Australian/Casino.org)

This unusual line of inquiry came after lawyers for Crown had offered final submissions as to why the operator should keep its Victoria gambling license in the face of claims of tax evasion and anti-money laundering failings.

Michael Borsky QC told a hearing of the r

Japan Pachinko Industry Continues Reeling, Profits Down 27 Percent

The Japan pachinko industry’s struggles in recent years were only exacerbated by the COVID-19 pandemic.

Japan pachinko games casino resort
A man plays a pachinko machine in Tokyo last year. The Japan pachinko industry generated more than $21 billion in 2020 profits. But that’s down substantially from previous years. (Image: Bloomberg)

According to a market report from Daikoku Denki, a Japanese-based gaming manufacturing firm, pachinko’s popularity continues to decline. Pachinko is an amusement game that can best be explained as a vertical pinball machine. 

Pachinko halls in Japan award players

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IGT Boosts 2021 Outlook, Expects to Beat 2019 Metrics

On the back of impressive second-quarter results, International Game Technology (NYSE:IGT) raised its full-year outlook today. It noted it expects to top some 2019 metrics, but the stock is trading lower.

IGT outlook
International Game Technology’s famed Wheel of Fortune slot machine. The company raised its 2021 outlook. (Image: KTNV)

The maker of the popular Wheel of Fortune slot machine said revenue for the June quarter surged 74 percent to $1 billion, as earnings before interest, taxes, depreciation and amortization (EBITDA) soared 170 percent to a record $442 million.

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