Business News and Headlines
Business
November 16, 2020
Binary Options and CFDs Pose Challenges for Regulators
Too many people seek to get rich overnight but forget that the bigger the gain, the bigger the risk required, and at the end of the day, one needs to apply proper money management. Trading Binary Options and CFDs One such class of high-risk investment products are the so-called binary options, where a trader bets […]
Business
November 15, 2020
EBCI To Potentially Buy Caesars Southern Indiana as Council Approves Due Diligence Funding
The Eastern Band of Cherokee Indians and Caesars Entertainment have signed a letter of intent in which the Tribe states it is looking into buying the Caesars Southern Indiana hotel-casino. On November 12, the Tribe Council approved due diligence funding. Caesars To Work Exclusively With The Tribe Over The Next 45 Days The Eastern Band […]
Business
November 15, 2020
KSA Teams with Facebook to Tackle Illegal Lotteries
Dutch gaming regulatory body Kansspelautoriteit (KSA) announced Thursday it entered into a partnership with Facebook to address the issue of illegal lotteries in the country, which use groups on the social media platform to promote their activities. Illegal Lotteries Run through Facebook The partnership with the social network will allow the KSA to report illegal […]
Business
November 15, 2020
Virginia’s Norfolk Casino Bid Intensifies amid Dispute for Rights
Virginia is caught in the midst of a gambling fever, with legislators and residents giving their unequivocal approval of the sports betting and brick-and-mortar casino industries. First Dig Still Years Away for Virginia Casinos November has been a month of developments for the state, with the Virginia Lottery, receiving no fewer than 25 applications for […]
Business
November 14, 2020
Wynn Macau To Not Renew Senior-Level Management Contracts Overseas
Wynn Macau Limited said it will not renew middle and senior-level contracts, as an attempt to manage the downfall of the Covid-19 pandemic. The Macau government said it wishes casino operators will start prioritizing native candidates. Native Candidates For Senior-Level Jobs Hong Kong-listed casino operator Wynn Macau Limited has announced that it will not be […]
Business
November 14, 2020
Jumbo Signs 10-Year Deal With WA Lotterywest
Jumbo has signed a 10-year supply deal with West Australian government-owned Lotterywest to provide a white-label platform and related services. Initial Three Year Term, Up to Ten Online lottery manager Jumbo Interactive has announced a 10-year agreement to provide Western Australia’s government-owned and operated Lotterywest with its online software platform and services. This follows a […]
Business
November 14, 2020
Resorts World Las Vegas Inks Partnership with Zouk Group
Partnering with Zouk Group, Resorts World Las Vegas will bring unrivaled entertainment to its $4.3 billion resort which is planned to open in summer 2021. Under the agreement, the global lifestyle company Zouk Group will make its debut in the United States. Resorts World Las Vegas to Bring Unrivaled Entertainment with Zouk Group On Thursday […]
Business
November 14, 2020
Inspired’s Positive Outlook Confirmed by Strong Q3 Growth
Gaming technology and content provider Inspired Entertainment released Thursday its third quarter earnings report, posting steady growth in revenues, as well as positive outlook for the future. Discounted Revenue Unchanged YoY Inspired generated during the reported three-month period total revenue of $60.1 million, nearly four times more compared to the $15.6 million for the previous […]
Business
November 14, 2020
theScore Rolls Out a Dedicated Bet Section Feature for Its App
theScore introduced a new dedicated betting feature available on the company’s media app. The new feature, Bet Section provides sports betting fans with key options and takes the betting experience to a new level. theScore Reveals a New Dedicated Betting Feature for Its App Earlier this week, the Canadian digital media company theScore revealed its […]
Business
November 14, 2020
Sheldon Adelson’s Outlet Calls for Mr. Trump to Admit Defeat
The Las Vegas Review Journal has published an editorial calling for Mr. Trump to admit defeat in the 46th Presidential election. Adelson-owned Review-Journal Calls for Mr. Trump’s Admission of Defeat President Donald Trump may need a reality check about what he considers to be the ongoing 46th Presidential election. Amid calls for electoral fraud […]