GamblingIndustry

The Game-Changer: Kalshi's Legal Sports Betting Model vs. FanDuel's Competition

1 month ago

In a groundbreaking move that's shaking up the sports betting landscape, Kalshi, a predicted market venue, has emerged as a legal platform allowing users to bet on sports outcomes via futures contracts. This innovative approach offers a distinctive alternative to traditional sportsbooks like FanDuel, leveraging the legality of predicting market fluctuations and events.

Gambling Giant Star Entertainment Faces Potential Collapse Amidst Cash Crisis

3 months ago

In a startling revelation, Star Entertainment Group, one of Australia's leading gambling operators, is teetering on the edge of bankruptcy as it struggles with a severe cash crunch. The company announced its forecast for a potential liquidity crisis that could culminate in its collapse unless immediate measures are taken to stabilize its financial situation. This alarming news has sent shockwaves through the gaming industry, raising questions about the future of one of the country's biggest casino operators.

Casino Magnate Lui Che Woo Passes Away at 95, Leaving a Lasting Legacy in Macau

5 months ago

Lui Che Woo, a titan of the casino industry and the mastermind behind the success of the Galaxy Entertainment Group, has died at the age of 95. Widely recognized as one of the key figures in the transformation of Macau into a global gambling hub, Lui's influence extended far beyond the casino floor, impacting the region's economy and culture.