Business
December 1, 2021
Alvin Chau Relinquishes Control of Suncity from a Macao Jail Cell
Alvin Chau announced that he was stepping down from his role as CEO of Suncity Group Holdings Limited in Macau. The billionaire made his announcement yesterday while sitting in a Macao jail on charges he ran a cross-border illegal gambling ring through his legal operations. Chau Out at Suncity Chau is facing multiple criminal charges […]
Business
November 30, 2021
FansUnite Reveals Solid 2021 Third Quarter Growth
Sports technology company FansUnite Entertainment released its third quarter and nine months business results revealing continued growth across all business units. Financial Highlights For the three months ended September 30, 2021, FansUnite Entertainment posted a total betting turnover of C$10.6 million ($8.28 million), an increase of 19% compared to C$8.9 million ($6.95 million) for the […]
Business
November 30, 2021
888 Is in the Final Stages of Acquiring William Hill’s Non-US Assets
888 Holdings confirmed that it is one step closer to acquiring the international non-US assets of one of the most reputable betting operators, William Hill. After initially showing interest in October 2020, 888 has proceeded towards making vital steps in the takeover and it expects that the acquisition to be closed in the first quarter […]
Business
November 30, 2021
Gambling Industry Veteran Mark Robson Takes Eminence CEO Role
Eminence Holdings, a cryptocurrency-based fintech company registered in the Isle of Man, announced the appointment of Mark Robson as its new CEO. Ambitious Growth Strategy Robson will be tasked to leverage his two-decades-long experience in the gambling industry in senior positions at various operators, with the most prominent among them Bally Technologies, to deliver on […]
Business
November 30, 2021
Suncity Denies iGaming Involvement as Alvin Chau Investigation Expands
The saga involving Alvin Chau and Suncity Group, the company that he turned into the largest junket operator in the world, is only getting started. As investigations continue in China and Macau, and possibly elsewhere, there’s no telling how deep the impact will be. For its part, Suncity denies all of the allegations, although convincing […]
Business
November 29, 2021
Aspire’s PAM and Btobet Sportsbook Set Bettarget to Growth
Supplier of gaming technology and solutions to the global gaming industry Aspire Global revealed today the first brand which adopted its player account management (PAM) system, Bettarget.com, registered steady turnover growth and spike across all main key performance indicators (KPIs). BtoBet’s Sportsbook Generates Value Australia-based tech supplier Aspire Global and Bettarget.com, a sports betting operator […]
Business
November 29, 2021
Codere Joins Initiative to Raise Awareness of Gender Violence
international charities that work towards ending violence against women. Coinciding with the International Day for the Elimination of Violence Against Women, the Spain-based gaming company announced it is joining the Red Bench campaign at all of its offices. Codere Joins Red Bench Codere, which recently completed a massive change in ownership, has chosen the slogan […]
Business
November 29, 2021
Galaxy Gaming Continues Recovery, Aided By Lawsuit Conclusion
Galaxy Gaming, a Las Vegas casino table game and system developer and manufacturer, has reached a settlement with Robert Saucier and Triangulum Partners. It posted a third-quarter net profit, reversing a year-old loss. Both cash flow and revenue reached new heights. Galaxy Gaming on the Mend Galaxy filed a 10-Q with the Securities and Exchange […]
Business
November 29, 2021
Suncity Boss Alvin Chau Arrested; Fallout Could Hit All Junkets
Alvin Chau, Suncity’s boss, has been detained in Macau, the world’s richest gambling market. The Wenzhou government has requested Chau’s extradition in order to face a string of criminal charges in Zhejiang. The government claims that Chau orchestrated a cross-border illegal gambling syndicate and warranted issuing an order for his arrest this week. Alvin Chau […]
Business
November 26, 2021
Aspire Global’s BtoBet to Power BestBet24’s Sportsbook in Poland
Global supplier of gaming technology Aspire Global announced its B2B sportsbook and technology provider BtoBet entered into a deal with BestBet24 to power the sports betting operator with its Neuron 3 platform and enter the Polish market. Expanding into New Markets The partnership agreed between BtoBet and BestBet24 covers both the online and retail sports […]