Industry Headlines

By Sadonna Price

Caesars and MGM Still Dealing with Cyber Attack

September 15, 2023

Summary: Caesars reported that it cannot guarantee data loss. MGM still has systems down due to the attack. MGM Resort plans on paying employees today as normal. The recent cyberattacks against MGM Resorts International and Caesars Entertainment have caused several issues for the gaming giants. Reports have surfaced this week that show the after-effects the […]

By Sadonna Price

Caesars Entertainment Pays Millions to Same Hacker as MGM

September 14, 2023

Summary: The hackers threatened to release data. A regulatory filing is coming soon to disclose information on the attack. The announcement comes just days after MGM reported its cyberattack. It seems hackers are at it again, and they are targeting casino properties. Just a few days ago, we reported that MGM Resorts International was subject […]

By Sadonna Price

AGA Reveals Responsible Gambling Tools are Understood, Just Under-Utilized

September 13, 2023

Summary: Can responsible gambling tools be made ‘cool’? Players are not using responsible gambling tools when wagering. Industry regulators and operators want to encourage tool usage. Responsible gambling messaging is everywhere. Players can access ads, websites, and promotions showcasing how to gamble responsibly. According to the American Gaming Association (AGA), players see and understand the […]

By Sadonna Price

Major Security Breach Cripples MGM Resorts

September 12, 2023

Summary: Systems were shut down to stop the issue. Patrons were told to call directly for hotel reservations. The investigation is ongoing, but MGM is operational. On Monday, MGM Resorts International was busy behind the scenes trying to repair a major cybersecurity issue. The incident is not being called a cyberattack, but credit card transactions […]

By Sadonna Price

Las Vegas Casino Employee Unions Consider Strike Over Contract Talk Issues

September 8, 2023

Summary: A new five-year bargaining agreement is in the works. A strike will occur at the month’s end if no deal is made. The unions have been in talks since April with Caesars Entertainment, MGM, and Wynn Resorts. Since April, the Culinary Workers Local 226 and the Bartenders Local 165 have been negotiating with casinos […]

By Sadonna Price

North Carolina Casino Opponents Rally in Raleigh

September 6, 2023

Summary: Opponents are known as Citizens for Good Growth in Rockingham County, Inc. The group is focused on the harms of casinos and gambling. The trip aimed to convince lawmakers to vote no on casino projects. Casinos are possibly coming to North Carolina, and a group of opponents are hoping to stop any projects from […]

By Sadonna Price

Stake.com Hack Causes Cryptocurrency Concerns

September 5, 2023

Summary: A total of $41.3 million was taken. All deposits and withdrawals were suspended. Banking is now reportedly back on track at the site. Stake.com is considered the largest cryptocurrency casino in the world. The site recently was subject to a hack, where over $41 million in cryptocurrency was taken. This is a huge blow […]

By Sadonna Price

NY Casino Applicant Process Continues as Regulators Release Q&As

August 31, 2023

Regulators released a 103-page report with procedures and regulatory steps. There are 11 applicants seeking licensing. Additional questions will be due in the future by applicants. The process of seeing casinos added to the downstate area of New York is well underway. There are 11 applicants who hope to be chosen for a license to […]

By Sadonna Price

Two PA Casinos Granted Request to Lower Slot Machine Numbers

August 29, 2023

Summary: Lady Luck Nemacolin is redesigning the casino floor to add new games. Hollywood will remove 30 titles. The Pennsylvania Gaming Control Board approved the reduction. Two casinos in Pennsylvania will have fewer slot machines soon after gaining approval for a reduction by the state Gaming Control Board. The PGCB approved Hollywood Casino Morgantown and […]

By Sadonna Price

Atlantic City Casinos See Second Quarter Profit

August 23, 2023

Summary: Fewer casinos saw a larger profit margin in the second quarter. Gross operating profits reached almost $146 million. Gross profits are down 20.5% from 2022. Atlantic City casinos are still doing well when it comes to individual earnings on a monthly and quarterly basis, but the overall totals are dwindling. The New Jersey Division […]