Tag: BOSTON
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2024: A Pivotal Year for Legal Challenges in the Gaming Industry
In 2024, gaming companies faced substantial legal challenges, most notably between Aristocrat and Light & Wonder, and Wynn Resorts against Fontainebleau Las Vegas. Amidst ongoing legal battles, issues related to intellectual property, workplace practices, and corporate governance emerged, reflecting broader implications for the industry. These disputes are set to continue into 2025, influencing the operational…
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2024: A Challenging Year for Gaming Companies in the Courts
In 2024, gaming companies faced multiple lawsuits, notably Aristocrat vs. Light & Wonder, and Wynn vs. Fontainebleau. Light & Wonder was ordered to remove slot machines, leading to investor discontent. Wynn’s ongoing sexual harassment claims were settled, while MGM dealt with cyberattack investigations. The legal landscape for gaming remains contentious as cases are set to…
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The Decline of Kmart and Sears: A Reflection on Retail’s Great Losses
The closure of the final full-service Kmart store symbolizes the decline of both Kmart and Sears, which once dominated American retail. The merger between these two companies was intended to enhance their operations; however, poor leadership and ineffective cost-cutting strategies led to significant losss. Currently, only a few stores remain open, and limited job opportunities…