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- Fiona Simmons
Fiona Simmons's latest articles
Fiona Simmons
JournalistAlthough Fiona doesn't have a long-spanning background within the gambling industry, she is an incredibly skilled journalist who has built a strong interest in the constantly growing iGaming network. The team at GamblingNews.com is glad to have her on our roster to help deliver the best stories as soon as they hit. Aside from writing, she loves to dabble in online casino games such as slots and roulette, both for her own enjoyment and also as research to better improve her understanding of the industry.
Casino
October 23, 2020
Caesars and Mohegan Confident They Can Pump Cash in Asian Projects
Caesars Entertainment Inc. and Mohegan Gaming & Entertainment (MGE) are reportedly facing financing issues for their integrated resort (IR) projects in South Korea’s Midan City. Both groups say they have been unable to secure funding due to the coronavirus pandemic and subsequent lockdown, and Caesars cites “disagreements” with local partners over the repayment of outstanding […]
Business
October 22, 2020
LVS: Q3 2020 Revenue down YoY, Company’s Mood Remains Upbeat
Global developer and operator of integrated casino resorts Las Vegas Sands Corp. (LVS) released yesterday its third-quarter financial results, posting 82% drop in revenue compared to the same three-month-period in 2019. From Billions to Millions LVS reported $586 million in net revenue for the three months ending September 30, compared to $3.3 billion for the […]
Legal
October 21, 2020
IRGC Sanctions DraftKings for Self-Exclusion List Failure
The Iowa Racing and Gaming Commission (IRGC) issued a financial penalty to DraftKings for a breach in the regulator’s self-exclusion rules. Boston-based daily fantasy sports (DFS) and sports book operator was fined $5,000. According to the self-exclusion agreement between IRGC and gambling operators, all licensees had to update their list of self-excluded customers until January […]
Industry
October 20, 2020
IRS: DFS Entry Fees Should be Subject to Federal Excise Tax
The industry of daily fantasy sports (DFS) is facing a significant threat to its very existence, a comprehensive analysis of recent developments outlines. And that threat comes from the internal revenue service (IRS) which came up twice for the last 4 months with statements that DFS represents wagering and should be subjected to federal excise […]
Casino
October 20, 2020
Portsmouth Undecided on the Casino Ahead of the Vote
Portsmouth, one of five cities along the state-line in Virginia which were allowed by legislators to host casinos as a measure to boost regional economic development and fill the city’s coffers, is still divided on the question of whether a casino would be beneficial or not for the city. Weeks away from the November 3 […]
Sports
October 19, 2020
Southampton FC Offers Support for RecoverMe Problem Gambling App
Premier League side Southampton announced today its support for a brand new mobile app aimed at providing discrete support for at-risk gamblers. The RecoverMe app which uses cognitive behavioral therapy (CBT) to treat problem gambling would have the Saints’ financial support for further development and growth. Developed by 3 junior doctors and in consultation with […]
Legal
October 18, 2020
AGA Endorses the Hospitality and Commerce Job Recovery Act
The American Gaming Association (AGA) hailed the efforts for providing comprehensive relief and support for the gambling industry through the introduction of the bipartisan Hospitality and Commerce Job Recovery Act. Such legislation will help “expedite the recovery” of the gaming sector, AGA outlined. Support Measures for Businesses and Employees Introduced by US Senators Catherine Cortez […]
Business
October 17, 2020
Spain: Q2 Online Casino and Poker Offset Betting Slump
Online gambling market in Spain posted growth during the second quarter of 2020, the quarterly report from the Dirección General del Ordenación del Juego (DGOJ) showed. Rising interest in online casino games and poker managed to more than offset the decline in sports betting during times when most sports competitions in the country and worldwide […]
Legal
October 17, 2020
FEC Agrees to Remove Games of Chance from Family Arcades
The gambling regulatory body in the Netherlands, Kansspelautoriteit (KSA), requested all games of chance be removed from family arcade halls, so that no minors can get in touch with them, and the branch association Family Entertainment Centers (FEC) Nederland agreed. An initial research conducted by the KSA in 2017 and a follow-up one recently showed […]
Business
October 16, 2020
GVC Retains FTSE4Good Position, Gets Verified by Carbon Trust
Global sports betting and gaming operator GVC Holdings announced today it retained its position in the FTSE4Good Index Series. The successful index review for the company came within the same week when it received its verifications regarding carbon emissions from the Carbon Trust. FTSE4Good Index Series The FTSE4Good Index Series is measuring performance against a […]