News Florida Sports Betting Case Gains Support from Anti-Gambling Advocacy Group. The battle over gambling in Florida has taken a new turn with the group No Casinos, Inc. challenging the state's gaming compact with the Seminole Tribe. No Casinos has a long history of opposing gambling expansion in the state and was behind the 2018 constitutional amendment that required voter approval
News Las Vegas Police Officer Receives 12-Year Sentence for Armed Casino Robberies. A Las Vegas Metro Police officer convicted of robbing off-strip casinos has been sentenced to 12 years in prison. Caleb Rogers, who was found guilty of stealing $165,000 in three casino heists at the Red Rock Resort, Aliante Hotel, and the Rio between November 2021 and February 2022, had
News Certain Small-Cap Gaming Stocks Exhibit Substantial Value Characteristics. Small-cap gaming stocks have lagged behind their larger counterparts this year, creating wide valuation gaps and opportunities for investors. Analyst David Bain of B. Riley has highlighted seven small-cap gaming stocks that he considers to be trading at deep value. These stocks are trading well below their historical enterprise value/
News Detroit Casinos Scale Back Services Amid Ongoing Worker Strike. Thousands of Detroit casino workers went on strike, resulting in the temporary closure of various services at MotorCity Casino and other gaming properties. MotorCity Casino had to curtail services on its first floor, including slot machines, high-limit table games, and the poker room. The FanDuel Sportsbook at MotorCity was closed,
News New South Wales to Dedicate Star Fine to Minimize Gambling Harm. One year ago this month, the New South Wales (NSW) Independent Casino Commission imposed a significant fine of AU$100 million (equivalent to US$64 million) on the Star Entertainment Group. This financial penalty was the outcome of a state inquiry that found the casino operator to be in breach