Jacob Woodward

1 week ago | readwrite.com | Jacob Woodward

The decision to shut down Macau’s satellite casinos by year-end is beginning to significantly impact local real estate, particularly around the NAPE district, according to Chong Sio Kin, Chairman of New Orient Group, the operator behind Macau’s leading satellite casino, Landmark.

1 week ago | readwrite.com | Jacob Woodward

The Shohei Ohtani scandal has certainly had its fair share of twists and turns but now it appears to be coming to a conclusion, with the charged former interpreter beginning his near five-year federal prison sentence in Pennsylvania. Ippei Mizuhara, who stole almost $17 million from the Los Angeles Dodgers star through bank and tax fraud schemes, surrendered at the Allenwood low-security federal prison, located roughly 125 miles northwest of Philadelphia.

1 week ago | readwrite.com | Jacob Woodward

Just last week we reported on Melco adhering to new regulations, closing satellite casinos, potentially making thousands of jobs at risk. However now, Macau’s Chief Executive, Sam Hou Fai, has committed to ensuring gaming concessionaires follow through on their promise to reassign roughly 5,600 local workers impacted by the shutdown of 11 satellite casinos in the city.

2 weeks ago | readwrite.com | Jacob Woodward

There was a time when NFTs were seemingly making all of the headlines with a number of companies jumping knee deep into digital imagery and collectibles. Now, it seems that with the decline in interest coupled with hit outgoings, Sorare, a NFT sports card collecting outfit is feeling the strain.

2 weeks ago | readwrite.com | Jacob Woodward

Sports betting is certainly going through a boom across the US, with big players like Draftkings and Underdog disrupting the traditional avenues. Now, both of these companies appear to be trying to get in early in Missouri as it opens its doors to sportsbooks.