Bally’s Receives Final Approvals for Its Chicago Casino Resort

Bally’s Corporation, one of the leaders of the US casino industry, informed that the Chicago Department of Planning and Urban Development approved the company’s plans for construction of the entertainment complex in the City. The $1.7 billion development will commence in 2024 and is expected to provide 3,000 jobs to the community.

Casino Development:<…

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Sports betting moves forward in Washington State as Governor Inslee signs 15 tribal compacts

Last week it was announced that Governor Jay Inslee signed a total of 15 tribal sports betting compacts. This step is the latest in a series of steps to see tribes in the state begin offering sports betting services at casinos. The compacts now head to the United States Secretary of the Interior to be reviewed.

The review process can take up to 45 daysCome from <…

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SkyCity Entertainment Group Halts Dividends, Lowers Earnings Forecast Amid Economic Struggles and Regulatory Challenges

SkyCity Entertainment Group, the prominent New Zealand-based operator of casinos in Adelaide, Auckland, and Queenstown, has announced the suspension of its dividends and revised its earnings forecasts downward for the current and upcoming fiscal years due to a decline in customer activity.

In a recent communication with investors, SkyCity cited an “ongoing …

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