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Casino News Roundup on 26.11: The Latest From The Casino & Gambling Industry

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Alan Evans

Updated by Alan Evans

News Writer

Last Updated 26th Nov 2024, 04:26 PM

Casino News Roundup on 26.11: The Latest From The Casino & Gambling Industry

Welcome to our Casino News Roundup, where we bring you the latest highlights from land-based destinations, gambling industry and online casinos in a quick and concise format. From new developments and business trends to major events and insider insights, we’ve got you covered.

Check back each week for your essential updates on everything happening in the world of gaming.

Caesars Entertainment Launches Horseshoe Online Casino in New Jersey

Caesars Entertainment proudly announces the launch of its Horseshoe Online Casino brand in New Jersey, marking the platform's entry into its fifth North American jurisdiction, joining Michigan, Pennsylvania, West Virginia, and Ontario. 

Players can enjoy earning reward credits that can be redeemed for exclusive experiences at Caesars properties, such as Caesars Atlantic City and Harrah’s Resort. 

This launch, which went live in early October, is accompanied by exciting promotions for players, including the chance to win real-world experiences at top Caesars destinations, including Horseshoe Las Vegas


 

Merger Approval for Bally’s Corporation

In corporate news, Bally’s Corporation has received approval from stockholders for its merger agreement with The Queen Casino & Entertainment, which is largely owned by Bally's major stockholder, Standard General. 

This merger is expected to close in the first half of 2025, pending regulatory approvals. As part of the agreement, shares will continue to be traded on the NYSE under a new ticker symbol, BALY.T. 


Casino de Monte Carlo Opens on Cruise Ship

The European Casino Association (ECA) has initiated the ECA Strategic Supplier Partnership, aimed at enhancing collaboration between the association and key suppliers in the casino sector.

Announced during the recent ECA Casino Industry Forum in Slovenia, this partnership includes founding members such as Novomatic, IGT, Light & Wonder, and Aristocrat

The initiative seeks to promote responsible gaming practices, enhance security measures, and facilitate dialogue with European authorities regarding regulatory matters. 


Live! Casino & Hotel Louisiana Job Fair Announcement

Live! Casino & Hotel Louisiana is gearing up for its grand opening in early 2025 and will hold a job fair on December 5 at the Bossier Civic Centre. 

The recruitment event aims to fill hundreds of positions across various departments, offering attendees direct interactions with hiring managers. 


New Tax Increases on Gambling in France

French Senators recently approved tax hikes on gambling activities, despite prior rejections by MPs. The new tax structure includes a 10% tax on lottery gross gaming revenue and increased rates for various betting activities.

Industry leaders warn that these higher taxes may threaten the financial stability of sports federations and leagues, emphasizing the need for a balanced approach to regulation.


FDJ’s Opposition to Online Casino Regulation Under Scrutiny

In related news, the French lottery giant FDJ's opposition to the regulation of online casinos raises eyebrows as industry experts analyse its motives. 

Currently, FDJ enjoys a monopoly on certain gaming products, and the potential regulation of online casinos could impact its revenues significantly. 


Australian Government Delays Gambling Advertising Reforms

Australia’s federal government has postponed discussions on potential restrictions on gambling advertising until 2025, despite calls for comprehensive reforms. 

The delay comes amid concerns from TV networks about revenue loss if a blanket ban is implemented. 


Casino Team Members Set to Help Local Nonprofit With Painting Project

In Argentina, the Chamber of Deputies is set to debate a proposal for a federal ban on all gambling advertising and sponsorships. 

Supported by multiple opposition blocs, the bill aims to strengthen protections against gambling-related harm, especially among minors. The outcome of this debate could significantly reshape gambling regulations in the country. 


Meet The Author

Alan Evans
Alan Evans
News Writer News Writer

Most of my career was spent in teaching including at one of the UK’s top private schools. I left London in 2000 and set up home in Wales raising four beautiful children. I enrolled at University where I studied Photography and film and gained a Degree and subsequently a Masters Degree. In 2014 I helped launch a new local newspaper and managed to get front and back page as well as 6 filler pages on a weekly basis. I saw that journalism was changing and was a pioneer of hyperlocal news in Wales. In 2017 I started one of the first 24/7 free independent news sites for Wales. Having taken that to a successful business model I was keen for a new challenge. Joining the company is exciting for me especially as it is a new role in Europe. I am keen to establish myself and help others to do the same.

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