Current Gambling News

Atlantic City Casino Revenues Surge

July gave the Atlantic City casino market a clear financial lift as local properties surpassed $300 million in monthly earnings for the first time since August 2025. Data released by the New Jersey Division of Gaming Enforcement showed that the nine commercial land-based properties in the seaside resort city pulled in a collective $304.2 million during July. This monthly total reflects a significant rebound from the $257.3 million recorded across the market in June. Borgata retained its position as the top individual performer, bringing in $81.6 million. Hard Rock finished second in the overall market with $57.3 million, while Ocean…

Boyd Gaming seals Bally Technologies

Boyd Sells Former Eastside Cannery Property

Boyd Gaming sold the former Eastside Cannery site in the eastern Las Vegas Valley for $28.8 million following official approval for a housing project. The gaming operator finalized the transfer of the 29.5 acre parcel located along Boulder Highway at Harmon Avenue on September 10, according to public records filed in Clark County. The sale completes a transition for the former Eastside Cannery property, which was once home to a popular hotel and casino. Boyd Gaming originally purchased the land beneath the complex for $45 million in early 2025. Following the closure and subsequent demolition of the facility, the operator…

New York Sues Polymarket for Illegal Gambling

New York officials have filed a major lawsuit against QCX LLC, the operator of Polymarket US, accusing the company of running an illegal gambling business. The legal action, brought jointly by New York Governor Kathy Hochul and Attorney General Letitia James, claims that Polymarket has been operating an unlicensed sports betting and event prediction service across the state since launching its domestic platform in December 2025. Following an extensive investigation, the Office of the Attorney General determined that the event contracts offered by Polymarket meet the legal definition of gambling under state law because the wagering outcomes depend on chance…

Enhanced & Expanded 4D Wizard of Oz Debuts

Sphere Entertainment Co has unveiled upgraded 4D Wizard of Oz effects to enhance the immersive venue experience in Las Vegas. The announcement highlights a significant expansion of sensory technology designed to transport audiences deeper into the iconic storyline. Since launching in August 2025, the show has drawn massive crowds and generated high demand, making this update a major operational milestone for the entertainment complex. The newly introduced 4D show enhancements include animatronic Winged Monkeys, custom themed scents like scented apples, pyrotechnic fireworks, and special atmospheric elements dubbed Glinda Glitter. These physical sensory additions build directly upon the foundational technology that…

MGM Resorts Buyout Offer Withdrawn

People Inc. has officially withdrawn its $18 billion offer for an MGM Resorts buyout, ending months of detailed negotiations aimed at taking the major casino operator private. The decision was confirmed following extensive discussions between company executives and a special committee set up by the board of directors to evaluate the proposed takeover. The company, formerly known as IAC and chaired by media executive Barry Diller, originally submitted its transaction proposal on June 1st. The firm proposed buying out all remaining public shares at $48.30 per share in cash. People Inc. already owns 66.8 million shares, representing a 27% stake…

Caesars Fertitta Buyout Approved by Shareholders

Shareholders have officially approved the Caesars Fertitta Buyout proposal during a special meeting held at the Eldorado Resort Casino in Reno. The decision marks a major milestone for Fertitta Entertainment as it moves forward with its plan to acquire the casino giant. According to documentation filed with the Securities and Exchange Commission, investors overwhelmingly supported the acquisition, clearing one of the largest corporate hurdles in the transaction process. The official vote tallies showed 133,313,001 votes cast in favor of the merger proposal, while 4,276,986 votes were submitted against it. Another 5,687,952 shares were recorded as abstentions. Overall, the affirmative votes…