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Huge acquisition of Deerfoot Inn and Casino by VICI Properties

VICI Properties buys Alberta Casino Assets

VICI Properties Expands in Canada with $11.6M Rent-Boosting Acquisition of Deerfoot Inn & Casino and Great Northern Casino VICI Properties is set to acquire Deerfoot Inn & Casino, Great Northern Casino, and two adjacent limited-service hotels in a deal linked to Pure Casino Entertainment Limited Partnership’s (PURE) private buyout of Gamehost. This strategic move strengthens VICI’s footprint in Canada’s stable gaming market. Once finalized, these properties will integrate into VICI’s existing lease with PURE, driving an annual rent increase of $11.6 million (CAD 16.1 million) at an 8.0% acquisition cap rate. It’s a smart play for steady revenue growth in the gaming real estate sector. Key Lease Terms After VICI Properties Acquisition The updated lease offers long-term stability with these highlights: • Initial Escalation: Rent…

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Las Vegas Hotels see a drop in demand for the first quarter of 2026

FIrst quarter of 2026 is a bit slow for the Gambling and Hotel industry in Vegas

Las Vegas Gaming Revenue Faces Soft January Start, But Positive Signs Emerge for 2026 Las Vegas kicked off 2026 with a cautious vibe on the casino floor, but deeper data reveals glimmers of recovery in Strip gaming revenue and Nevada gaming trends. While headline numbers dipped, normalized figures, slot growth, and tourism stability point to a potential rebound. January Strip Gaming Revenue Drops 11% YoY The Nevada Gaming Control Board reported January’s Strip gaming revenue fell 11% year-over-year, with total “gaming win” for nonrestricted licensees hitting $1,345,164,920—a 6.55% YoY decline. This fueled worries about first-quarter performance. Barry Jonas from Truist Securities noted operators anticipated a sluggish start. “Despite these improvements, we still think most operators are not expecting Q1 EBITDAR growth, and we are looking…

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5-Day suspension for PointsBet in Canada by AGCO

PointsBet Canada Suspension for illegal betting activity

AGCO Suspends PointsBet Canada in Ontario iGaming Crackdown Over Jontay Porter Betting Scandal In a landmark move for Ontario’s regulated online gambling market, the Alcohol and Gaming Commission of Ontario (AGCO) has temporarily suspended PointsBet Canada’s iGaming registration for five days. This is the first such suspension in the province’s tightly controlled sports betting landscape. The decision stems from a systemic failure to monitor and report suspicious betting linked to a 2024 match-fixing scheme involving former Toronto Raptors player Jontay Porter. Jontay Porter NBA Ban and Match-Fixing Ties Porter faced a lifetime NBA ban after evidence showed he manipulated his performance to benefit prop bets won by a Gambino crime family associate. The scandal now fuels a major U.S. criminal investigation by the Department of…

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FanDuel partners with the Special Olympics for the first time

First-time partnership of FanDuel and the Special Olympics

FanDuel Special Olympics Partnership: Promoting Sports Inclusivity for All FanDuel has announced an exciting new partnership with the Special Olympics, aiming to boost awareness of the organization’s mission: sports belong to everyone. This collaboration highlights sports inclusivity, sharing inspiring stories and tackling healthcare disparities faced by people with disabilities. Why FanDuel is Championing Special Olympics Inclusivity FanDuel draws inspiration from the Special Olympics’ core values and heartfelt employee stories. A prime example is FanDuel Canada General Manager Dale Hooper, whose daughter has competed in Special Olympics swimming and rhythmic gymnastics since age six. Hooper shared in a statement: “The Special Olympic athletes are just different because their love of the sport and what they’re doing is what shines. There’s still competitiveness in Special Olympics, but…

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The state of Louisiana is cracking down on Casino Fraud

Sweepstakes crackdown in Lousisana

Louisiana House Bill 53 Targets Sweepstakes Casinos with Racketeering Charges Louisiana legislators are ramping up their fight against online sweepstakes casinos by proposing to classify certain gambling offenses as racketeering crimes. House Bill 53, introduced ahead of the 2026 session, could deliver million-dollar fines and decades-long prison sentences to operators. What House Bill 53 Proposes for Online Gambling in Louisiana Rep. Bryan Fontenot filed House Bill 53 before the legislative session kicks off in early March 2026. Rather than banning sweepstakes platforms outright, the bill amends Louisiana’s racketeering statute to include key gambling violations: • Computer-based gambling • Electronic sweepstakes devices • Illegal betting • Cockfighting wagers • Sports bribery This shift lets prosecutors target not just individual sweepstakes casino sites but entire networks, including…

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Progressive Jackpots at BetMGM provide big wins for players in 2025

BetMGM Progressive Jackpot for slots

BetMGM Progressive Jackpots 2025: Players Win $122M+ Across North America BetMGM, the leading online betting and gaming powerhouse, celebrated a massive year for players in 2025. North American users scooped up over $122 million in BetMGM progressive jackpots, including multiple six- and seven-figure prizes. From Michigan’s top payouts to Ontario’s record-breaker, here’s how BetMGM online casino jackpots delivered life-changing wins. Top States for BetMGM Jackpot Wins in 2025 Michigan led the pack with a whopping $42.6 million in progressive jackpot payouts, proving it’s a hotspot for online casino jackpots Michigan. Pennsylvania followed closely at $29.7 million, while New Jersey players claimed $23.5 million. Ontario wasn’t far behind, with $21.5 million USD (CAD 29.5 million) distributed among winners. West Virginia rounded out the top five at…

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DAZN Bet Eyes North American Expansion With Ontario Entry Imminent

DAZN Bet North America iGaming

DAZN Bet has received regulatory approval to enter the Ontario online gambling market after securing a license from the Alcohol and Gaming Commission of Ontario (AGCO). While an official launch date has not yet been announced, the approval paves the way for DAZN Bet to offer both online casino gaming and sports betting products to players in the province. DAZN Bet to Integrate With DAZN’s Live Sports Streaming The launch in Ontario will take place in partnership with Pragmatic Group, with DAZN Bet planning to integrate DAZN Group’s live sports streaming directly into its sportsbook platform. This strategy aims to create a seamless experience where fans can watch live sports and place bets within the same ecosystem. Before going live, DAZN Bet still needs to…

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FanDuel is fined by AGCO for “Integrity Failures”

FanDuel Canda fine

The Alcohol and Gaming Commission of Ontario (AGCO) has fined FanDuel Canada CAD 350,000 (about $252,000 USD) for failing to detect and report suspicious betting activity tied to match-fixing concerns. This six-figure penalty highlights Ontario’s strict rules on betting integrity in iGaming. Operators must stay proactive in spotting unusual patterns to protect public trust, according to AGCO officials. FanDuel Accepted Bets on Suspicious Czech Table Tennis Matches AGCO’s investigation revealed FanDuel accepted 144 bets from three Ontario player accounts on Czech Table Tennis Star Series events between October 23 and November 30. These matches showed clear red flags for potential match-fixing, yet FanDuel continued taking wagers for weeks. Key indicators of suspicious betting activity included: • Sudden shifts in betting lines for matches involving a…

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5 Charged in Calgary in another Casino scam by employees

5 individuals caught in Calgary Casino fraud

Two employees at a southwest Calgary casino are accused of issuing illegitimate winnings of approximately $5,000 to selected patrons over several weeks, prompting an internal probe and a police investigation. Management detected irregular payouts on card games between October 31 and November 19, then contacted the Calgary Police Service, which arrested five people and laid fraud charges over 5,000 dollars and additional breach-of-trust counts for two of the accused. How casinos are regulated in Alberta In Alberta, land-based casinos and most gaming activities are regulated by the Alberta Gaming, Liquor and Cannabis Commission (AGLC), a Crown agency that oversees licensing, compliance, and enforcement. AGLC administers the Gaming and Liquor Act and related policies, ensuring casinos follow strict rules on game integrity, surveillance, cash handling, and…

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Huge Winner in the LOTTO 6/49 Gold Ball Jackpot

Huge Lotto win with $25.53 million Jackpot in October

Alberta Man Wins $25.53 Million LOTTO 6/49 Gold Ball Jackpot A lucky man from Whitecourt, Alberta, hit an incredible $25.53 million CAD (approximately $36 million) jackpot in the Western Canada Lottery Corporation’s (WCLC) LOTTO 6/49 Gold Ball draw on October 15. This life-changing win marks one of the largest lottery prizes ever claimed in Alberta. Stacey Boyce’s Surprising Lottery Win Stacey Boyce, a local logging business owner near Hinton, discovered his massive windfall in an unexpected way. While visiting a 7-Eleven to purchase propane tanks, Boyce casually checked his weekly LOTTO 6/49 ticket at the store’s terminal. To his astonishment, the terminal displayed the enormous jackpot prize. In the excitement and disbelief of the moment, Boyce walked out of the store without his propane tanks,…

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