BMW expands vehicle recall over battery issue to more than 4,500 U.S. plug-in hybrids

BMW expands vehicle recall over battery issue to more than 4,500 U.S. plug-in hybrids

Luxury carmaker BMW has announced the expansion of its recall of electric vehicles over a potential battery issue to cover most of its plug-in hybrids in the United States for the model years of 20

Karma Automotive announces attractive price tag & unique features for upcoming GSe-6 electric sedan

Karma Automotive announces attractive price tag & unique features for upcoming GSe-6 electric sedan

Luxury electric carmaker Karma Automotive has confirmed that its upcoming environment-friendly GSe-6 sedan will start at $79,900, the manufacturer’s suggested retail pricing (MSRP) that will make i

Twin River acquires iconic Bally’s brand from Caesars Entertainment for $20 million

Twin River acquires iconic Bally’s brand from Caesars Entertainment for $20 million

NASDAQ-listed Caesars Entertainment’s iconic casino brand Bally’s has finally been acquired Twin River Worldwide Holdings, according to an official press release by Lincoln, Rhode Island-headquarte

Wynn Resorts’ Encore to close for 3 days a week due to low demand

Wynn Resorts’ Encore to close for 3 days a week due to low demand

Paradise, Nevada-headquartered casino operator Wynn Resorts Limited has confirmed that its Las Vegas gambling & entertainment property Encore will remain closed for three days a week due to wea

Hyundai expands Kona EV recall plan to cover North American, European markets

Hyundai expands Kona EV recall plan to cover North American, European markets

South Korean automaker Hyundai Motor’s recently announced recall of Kona electric cars over battery cell fire risks has now been expanded to cover North American and European markets as well.

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News in Focus

MGM Resorts International aims to raise $500 million via senior notes to cover debt

Joining a growing list of companies heading to capital markets to raise funds, American casino operator MGM Resorts International has announced plans to collect up to $500 million via senior notes

Japan expected to delay IR application process by at least 9 months

Following various hurdles and resultant delays in its ambitious Integrated Resort (IR) project, the central government of Japan is reportedly preparing to push back the IR application window by aro

Churchill Downs opens new $38M Newport Racing & Gaming facility in Kentucky

NASDAQ-listed Churchill Downs has announced the opening of its new multi-million Newport Racing & Gaming property in Northern Kentucky, which offers hundreds of historical racing machines (HRMs

Kentucky Horse Racing Commission seeks more time to file request with SC to reconsider HHR ruling

The Kentucky Horse Racing Commission (KHRC) has urged the apex court of the state to give it more time to file a request for reconsidering its ruling over the legality of historical horse racing (H

Canadian PM Trudeau refuses to acknowledge any ties to Chinese man behind illegal gambling operations

Canada’s Prime Minister Justin Trudeau has refused to acknowledge any ties to Chinese national Wei Wei who has been accused of running an illegal casino in a lavish mansion outside of Toronto.

New York State casino employee tests positive for COVID-19 despite various health safeguards

Rivers Casino & Resort, a commercial gambling & entertainment property in Schenectady, New York, has confirmed that one of its employees have tested positive for Covid-19, the potentially l

Football legend Tom Osborne urges Nebraska voters to reject casino referendums

Opponents of gambling expansion and three proposed casinos have got a major support from football legend Tom Osborne, who is openly urging Nebraska voters to say “no” to casino gambling questions d