Business & M&A

Casino operator Melco Resorts & Entertainment Ltd has confirmed to GGRAsia that Scott Tang, senior vice president (SVP) and head of resorts operations Macau, is no longer with the company. The firm did not disclose when Mr Tang stepped down. “We can confirm that Scott Tang is no longer with the com…

Hong Kong-listed gaming technology group Paradise Entertainment Ltd says it expects to record a loss of HKD82.6 million (US$10.5 million) for the first half of 2026. That was due to the closure of its satellite casino in Macau in late 2025 and a decrease in casino equipment sales, the firm said in…

Macau casino concessionaire Sands China Ltd announced on Friday an interim dividend of HKD0.50 (US$0.06) per share, double the amount in the prior-year period. The interim dividend, amounting in aggregate to HKD4.05 billion, is due to be paid on October 9, 2026, stated the Hong Kong-listed firm. Sa…

The post CFTC Invokes Emergency Powers To Keep Kalshi Running In New York appeared first on SportsHandle. The Commodity Futures Trading Commission ordered Kalshi on Aug. 11 to keep its exchange running in New York, a move that puts the federal agency directly in the path of a state lawsuit seeking…

Ahead of Saturday’s preseason game in Houston, one of the Las Vegas Raiders’ fastest-evolving storylines is the pressure rookie quarterback Fernando Mendoza is putting on starter Kirk Cousins. Former Heisman Trophy winner and No. 1 overall pick Fernando Mendoza made an impressive debut in the Raide…

Crush American Grill — the longtime modern‑American restaurant known for its steaks, woodfired pizzas and shared small plates — will shutter after more than 10 years at the MGM Grand. Its final guests will be served on Saturday, Sept. 12. Crush opened in December 2013 as part of Michael and Jenna M…

The WNBA has been engulfed in a flurry of on- and off-court drama in recent weeks. At the center of it all is Indiana Fever guard Sophie Cunningham, whose recent comments on transgender athlete participation coincided with a hard Flagrant 2 foul from Chicago’s DiJonai Carrington that led to an ejec…

After a slow start to the summer, Atlantic City casinos sizzled in July, with gross gaming revenue (GGR) reaching its highest level since 2012. The New Jersey Division of Gaming Enforcement (DGE) reports that the nine casinos in Atlantic City won $304.2 million from their physical slot machines and…

Cirque du Soleil will shutter Mad Apple, its nightlife‑themed production at New York‑New York, with a final performance expected in early September 2026. The closure, not yet formally announced, was first reported by X news outlet @LasVegasLocally and then confirmed by Casino.org’s own Vital Vegas.…

Nine months ago, two billionaires set their sights on Caesars Entertainment, but only one emerged victorious after a back-and-forth fight.

As the CFTC moves closer to formalising rules on prediction markets, the regulator may conduct a review of the controversial products.

Swedish gaming giant Evolution AB has received a $13.8 billion takeover offer from Kenneth Dart’s Candle Lake Ltd., though the reclusive billionaire is unlikely to actually acquire the company. Under Swedish law, crossing a 30% threshold in a publicly traded company triggers a mandatory buyout offe…

Las Vegas is losing two of its most enduring headliners — one temporarily, one permanently. This week, Rod Stewart canceled his August run at the Colosseum at Caesars Palace after undergoing what his representatives described as a routine coronary stent procedure. The cancellations cover six dates…

JPMorgan Chase (NYSE: JPM) reportedly ended its banking relationship with Polymarket last October as regulatory scrutiny intensified around the prediction market operator. Citing unidentified sources with knowledge of the matter, The Financial Times reports that the largest U.S. bank debanked Polym…

Macau continues to seek ways to lessen its economic dependence on casino gambling. The local government announced this week a plan to raise non-gaming sectors’ gross domestic product (GDP) contribution to 60% by 2030. Macau Chief Executive Sam Hou Fai unveiled the “New Blueprint, New Journey, New O…

Repealing the UK’s ‘aim to permit’ licensing principle risks messy and potentially major legislative changes for the UK’s already beleaguered retail gambling sector.

A New Jersey man has pleaded guilty to defrauding nearly 100 victims of more than $47 million through a Ponzi-like investment scheme, with much of the stolen money used to cover his “gambling habit.” The United States Attorney’s Office for the District of New Jersey said Thursday (Aug. 13) that Leo…

Ontario’s vision for a “Las Vegas North” moved significantly closer to reality after casino operator MGE (MGE Niagara Entertainment Inc) agreed to end its exclusive gaming rights in the Niagara region. The Ontario government announced an agreement with MGE, a milestone in the province’s Destination…