Resorts World New York City officially opened its live table games casino floor in Queens on Tuesday, marking the debut of the first full scale New York City Casino. This milestone comes more than a decade after state voters first approved the expansion of gambling. The facility is located in South Ozone Park next to the Aqueduct Racetrack and near John F. Kennedy International Airport. The expansion adds more than 240 live table games to the property, including blackjack, craps, baccarat, and roulette. While the site has operated slot machines and electronic gaming for over ten years, the new additions…

The rise of digital betting platforms is creating a financial literacy crisis as the distinction between gambling vs investing becomes increasingly blurred for a new generation of participants. While both activities involve risk and uncertain outcomes, the underlying mechanics of each create vastly different financial results over time. Investing is fundamentally based on the concept of ownership. When individuals purchase stocks, bonds, or other assets, they are acquiring a claim on future cash flows and productive assets. This process relies on the compounding engine of the economy to build wealth over a long time horizon. In contrast, gambling is designed…

MGM Resorts International has confirmed that the MGM Grand Buffet will permanently cease operations after service on May 31, 2026. The decision marks the end of a 33 year run for the dining venue, which originally opened alongside the resort in 1993. The closure represents a significant shift in the culinary landscape of the Las Vegas Strip, where the traditional all you can eat model has been in steady decline for over two decades. The MGM Grand Buffet occupied approximately 15,000 square feet and was once a central part of the resort’s appeal to families and tourists seeking variety. During…

The United States commercial gaming industry reported a notable increase in its monthly performance for February, with US gambling revenue climbing 4.6 percent compared to the same period last year. According to the latest Commercial Gaming Revenue Tracker from the American Gaming Association, the industry generated total monthly revenue of 4 billion dollars. This growth was largely supported by the resilience of traditional land based casinos and a significant surge in the digital gaming sector. Traditional brick and mortar casino operations saw a 3.9 percent year over year increase in revenue. A key driver for this segment was the performance…

A legal challenge filed in federal court has placed the operational model of Dave & Buster’s under significant scrutiny in South Carolina. The lawsuit, initiated by an advocacy group known as South Carolina Citizens for Equal Enforcement of Gambling Laws, alleges that the popular arcade and restaurant chain is conducting prohibited activities. The core of the legal argument suggests that the way customers interact with games at the establishment means the company is gambling under the definitions provided by state law. According to the complaint, the business model relies on customers loading money onto a digital Power Card to play…

The Banc of California has initiated the process of converting the Downtown Grand Las Vegas into a marketable asset following a significant loan default by the property ownership group. The hotel and casino complex located in the heart of the city was placed into receivership earlier this year after the owners reportedly failed to meet their financial obligations regarding a major construction loan. According to recent court filings in Clark County District Court, the lender moved to take control of the Downtown Grand Las Vegas after interest payments allegedly ceased in March 2025. The situation worsened when a ninety million…