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Julie Moraine's latest articles
Julie Moraine
Lead AuthorWith 4 years experience as an analyst, Julie—or ‘Jewels’, as we aptly refer to her in the office—is nothing short of a marvel-worthy in her attention to the forex and cryptocurrency space as she quickly became the first pick to co-pilot education to the masses with Mike.
Blockchain
May 3, 2020
Disruption Could Be the Best Way to Adopt Crypto in Gambling
Rebecca Liggero, Ayre Media’s lead journalist, interviewed several gambling experts who shared their opinions on how the industry can adopt crypto payments as a viable mainstream method. SBC Digital Summit Discuss Blockchain Payments at a Time of Crisis Several gambling and sports betting professionals spoke at the SBC Summit to Ayre Media head editor Rebecca […]
Business
May 2, 2020
Sports Betting in Colorado Went Live as Planned, Waiting for Sport to Restart to Show Its Hand
Last week the long-awaited launch of sports betting in Colorado became official, after the Colorado Limited Gaming Control Commission put all efforts, including holding special meetings to approve new licenses, to meet its predefined schedule date May 1. DraftKings and FanDuel Among the First Sports betting in the state became legal November 2019, when the […]
Business
May 1, 2020
DEAC Filing to Clear DraftKings for Nasdaq Listing Reveals Shareholders, Other Merger Details
Diamong Eagle Corp /DEAC/, the Special Purpose Acquisition Company /SPAC/ created for the merger between DraftKings and SBTech, announced last week its shareholders approved the deal that involved the Boston-based fantasy and sports book operator and the European technology provider. Subsequently, this meant that since Friday, April 24, DraftKings started trading on the NASDAQ as […]
Casino
April 30, 2020
Hard Rock’s Request for a 5-Month Extension for Acquisition of Land Granted
The €2 billion integrated casino resort project near Barcelona, Spain, Hard Rock Entertainment World has been revived, after the Catalonia authorities granted a 5-month extension to the deadline for the acquisition of the land for the casino resort. The past few weeks rarely brought good news for US casino operators, as all the land-based gaming […]
Casino
April 28, 2020
Sweden: Gaming Operators Face New Challenges from Regulatory and Market Forces
Licensed gaming operators in Sweden have been unpleasantly surprised, as on Thursday Social Security Minister Ardalan Shekarabi proposed a set of restrictive measures to help mitigate the risk of developing bad gambling habits due to the spreading coronavirus that keeps people at home. The proposal built around deposit and gaming time limits will be up […]
Business
April 27, 2020
Kindred Group Posted 11% Revenue Growth for First Quarter 2020
Malta-based Kindred Group issued its January-March 2020 interim report, posting first quarter winnings of £249.7 million, an 11% increase in revenue compared to the same period in 2019. Underlying earnings before interest, tax, depreciation, and amortisation /EBITDA/ amounted to £42.5 million, despite £20.7 million of comparability cost adverse effect. Sports Betting the Main Driver Despite […]
Legal
April 26, 2020
ClubsNSW’s Whistleblower Facing Legal Action for NDA Violation
ClubsNSW, the representative body for more than 1,000 clubs and pubs across Australia, has undertaken legal action against its former employee, Troy Stolz, for breaching his non-disclosure agreement. The story broke out in February, when Independent MP Andrew Wilki, during a speech in Federal Parliament, accused 95% of clubs in New South Wales of illegal […]
Business
April 26, 2020
AGA Approves of SBA Proposed Changes to Aid Gambling SMEs
Finally, an amendment has been introduced by SBA which would allow small gambling businesses to weather the COVID-19 lockdown and receive federal funding. The Latest PPP Changes Finally Get Approval from AGA Following weeks of pressure and debates, the Small Business Administration (SBA) finally agreed to revise the Paycheck Protection Program (PPP) on Friday, April […]
Business
April 24, 2020
MGM Issues New Public Debt of $750M to Boost Liquidity
MGM Resorts has announced the company managed to raise $750 million in new debt, to further strengthen its balance sheet amid the uncertainty related to the current health crisis that led to casinos closure across the states. Notes Offering Amount Upsized Thursday morning the casino operator was hoping to reach at least $500 million, and […]
Business
April 24, 2020
Intralot Expects COVID-19 Impact to Let up in November 2020
Supplier of integrated gambling software solutions Intralot has said that the industry is not likely to go back to normal until November 2020. According to the company, gambling will feel the peak of the novel coronavirus lockdown in April and May, when results are published. A $32M Impact and Early Return to Normality in June […]