The Provably Fair system is crucial in maintaining transparency in online gaming. This technique allows you to check the integrity of your wagers at any moment to ensure that everything is in order with the result of the wager. Using smart contracts and provably fair gaming technology provides various advantages regarding online gaming fairness. Smart […]Continue Reading
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Konami Gaming and Xailient have made major advancements in the casino industry. They have entered into a strategic partnership to announce SYNK Vision to enhance the customer experience through enhanced harm minimization and secure identity management. Interestingly, it is being considered a serious take on achieving responsible gambling. The ultimate goal is to replace Continue Reading
Nevada regulators are contemplating the restructuring of a policy after a casino in Mesquite was requested to pay a jackpot to an undeserving player. The Nevada Gaming Control Board has reportedly requested that the Casablanca hotel-casino pay gambler Rhon Wilson $2,045.18, even though he was not permitted at the casino. According to the statement released […]Continue Reading
Miranda Du, the chief US district judge in Nevada, has disregarded a proposed lawsuit against the major actors in the Las Vegas hotel industry. Inclusions included MGM Resorts International, Caesars Entertainment, and others. The allegation was that the hotels had increased their accommodation rates in violation of U.S. antitrust law. Judge Du issued a 13-page […]Continue Reading
Online gambling has experienced a significant surge in popularity, attracting a growing number of individuals who seek the thrill and entertainment of casino games from the comfort of their homes. Nevertheless, this upswing in online gambling has also led to a parallel increase in online casino scams. An essential facet of ensuring one’s safety in […]Continue Reading
Cryptocurrencies and blockchain technology have ushered in a new age of transparency, speed, and security in the quickly developing field of online gaming. Solana, a high-performance blockchain platform creating waves in the gaming sector, is at the fore of this digital transformation. Solana provides casino players with an unrivaled experience in terms of payment Continue Reading
Las Vegas Sands declared its third-quarter revenue collection for 2023, which shows an increase compared to the previous year. The third quarter of 2023 concluded on September 30, 2023, and witnessed a collection of $2.80 billion in the form of net revenue generation. Comparatively, for the third quarter of 2022, it was $1.01 billion. The […]Continue Reading
Analysts are confident that MGM Resorts International will fully recover despite experiencing a cyber attack. According to their comprehension, the attack will not have any significant negative consequences. In a recent statement, David Katz, an equity analyst with New York-based Jefferies, placed a price of $69 per share on MGM shares. As a result, MGM […]Continue Reading
BetMGM forms a mutually beneficial collaboration with Inspired Entertainment. Together, the two companies will introduce the MGM Bonus City hybrid dealer game. This is slated for October 11, 2023. The game is the joint effort of Inspired Entertainment and its advanced technology, along with BetMGM’s expertise in online hybrid gaming. BetMGM is a leading company […]Continue Reading
The shares of MGM Resorts International saw a downward slide following the ransomware attack on the company. The casino operator also anticipates third-quarter revenue will see a shortfall of $100 million. The figure is before EBITDAR. This includes taxation, interest, depreciation, amortization, and the cost of rent. The cyber attack was responsible for creating Continue Reading
Recently, MGM and Caesars were victims of a cyberattack. The extent of the damage can be determined by the length of time that both platforms were unavailable to their consumers. MGM, for instance, was impacted for nine days as a result of the attack on its computer systems. Now, the Nevada Gaming Control Board (NGCB) […]Continue Reading
There are, in all, five legal cases that have been filed against MGM Resorts International and Caesars Entertainment for not being capable of safeguarding critical customer data. This was the period when Las Vegas casinos became the victims of several cyber threats. The legal cases filed in Nevada District Court mention that both the biggest […]Continue Reading
Reports have revealed that MGM received an ‘F’ grade from a cybersecurity analytics firm before witnessing the hack. The grade reflects the time that a venture takes to address its vulnerabilities. An ‘F’ grade does not showcase a bright picture, as it means that the platform is extremely vulnerable to experiencing a hack attack. This […]Continue Reading
Venetian Las Vegas delivers its latest high-limit gaming lounge, which will be positioned on the Palazzo casino floor. The artistic and architectural brain behind the lounge is Wimberly Interiors, and it will be spread over an area of 15,000 square feet. There will be a designated section for table games and another for the most […]Continue Reading
As per reports, Scattered Spider has claimed responsibility for carrying out a data breach at MGM and Caesars. The theft involves taking 6 TB of data from reputed casinos. It mainly includes pieces of information related to users’ driving licenses and social security numbers. Caesars interacted with the media but declined to dig deep with […]Continue Reading
Cybersecurity related to Las Vegas Strip casino operators has seemingly become vulnerable, with MGM Resorts International having fallen prey to a multi-pronged cyber attack. Its competitive company, Caesars Entertainment, will shortly come out with its revelation of having been the victim of a ransomware crime. Some unknown informants who are aware of the case spoke Continue Reading
Casino gaming has undergone a remarkable transformation with the advent of mobile technology. Players now have the freedom to enjoy their favorite casino games anywhere, anytime, thanks to the convenience of mobile casino gaming. One platform that has taken this experience to new heights is Cloudbet Casino. In this article, we delve into mobile casino […]Continue Reading
Federal Law Enforcement agents are reportedly looking into the way San Fernando Valley functions. It has come to light that many hotel employees have used casino assets to clear their gambling debts. While the investigation is fresh from the early days of August this year, many people from the industry are speculating that it could […]Continue Reading
Casinos in Las Vegas are way above the mark of $1 billion when it comes to monthly wins. The most recent figure of $1.40 billion for July 2023 makes it evident why Las Vegas is a hot destination for entertainment, no matter the conditions. The rise is at the rate of 6.7% in comparison to […]Continue Reading
IGT, short for International Gaming Technology, has launched a bespoke gaming title, Caesars Cleopatra, specifically for Caesars Palace Online Casino. The venture recently launched its online version of the gaming arm and is now backed by an iGaming title that has been customized for its players’ preferences. Major changes have been made in terms of […]Continue Reading
Stakelogic and Golden Palace have finally put pen to paper to sign a partnership agreement. This agreement gives Stakelogic access to a wider audience in Belgium. Golden Palace, on the other hand, gains access to the dice games and roulette table games of Stakelogic. Needless to say, both ventures benefit from this partnership. While the […]Continue Reading
The emergence of cryptocurrencies in recent years has completely changed the landscape of online casinos. Tether (USDT) is a cryptocurrency that has become quite popular in online gaming. Tether is a stablecoin, which means its value is linked to a trustworthy asset like the US Dollar and gives users an easy-to-use replacement for conventional fiat […]Continue Reading
Caesars Entertainment recently released its financial report for Q2 2023. The gambling chain managed to secure 2.9 billion dollars in net revenue. The 2% hike resulted in Caesars securing a 1% increase in its net revenue for Q2. The gambling and betting company made over 1.5 billion dollars through its Las Vegas properties alone. Above […]Continue Reading
According to the CEO of Caesars Entertainment, Tom Reeg, customers attending the Formula 1 race and Super Bowl will be high-end and unlike in the year gone by. The Formula 1 race is slated for November 2023, whereas the Super Bowl will be held in February 2024. In his opinion targeting high-end customers will help […]Continue Reading
As blockchain technology has grown, a new breed of cutting-edge, decentralized casinos has appeared in the online gaming industry. Due to their efficiency, security, and transparency, Ethereum casinos, built on the Ethereum blockchain, have gained much traction with players. These platforms provide various appealing prizes and benefits to entice and keep participants in a Continue Reading
Boyd Gaming’s business in Las Vegas is witnessing a downward slide in terms of revenue generation due to the lessening of local participation as well as outsiders. As compared to the same period in the previous year, the figures seem to be extremely discouraging. This accounts for all the verticals, right from gambling to betting […]Continue Reading
Las Vegas Sands is yet to make a full recovery, but it could very well be on the path. Per reports made public, Sands has registered an increase of 333% in the most recent quarter in comparison to the same quarter of last year. Specifically speaking, the net revenue came to a total of $2.54 […]Continue Reading
International Game Technology (IGT) announced on July 13 that the platform’s most rewarding jackpot slots, Wheel of Fortune and Powebucks, rewarded more than $3 million in jackpots during the month of June. The top lucky jackpot slot winners include: Since their introduction in Canada in 2016, IGT’s Powerbucks slot machines have awarded a staggering 50 […]Continue Reading
While online gambling continues to skyrocket and attracts gamblers worldwide like a magnet, the emergence of blockchain technology has revolutionized the landscape even more. Put simply, technology plays a pivotal role in introducing innovative possibilities for secure and transparent transactions. Cardano, a leading public blockchain platform, gains traction for its Continue Reading
Las Vegas Sands Corp has witnessed a jump of 1.08% in stock price. The stock value has gone up to $58.00, a lot more than the year gone by. If one were to go by the month, LVS stock has risen by 5.21%. In 2022, the stock price at the higher end was $65.58, with […]Continue Reading