Business
October 14, 2020
Svenska Spel: No Coronavirus-Related Rise in Problem Gambling
Swedish gambling operator Svenska Spel did not notice an increase in problem gambling during the first wave of coronavirus in the country, yet noted players known for their excessive gambling continued to do so. The state-owned company summarized findings from several studies presented to its Independent Research Council during its annual research day, Monday, October […]
Business
October 14, 2020
Loto-Quebec Extends the Regions with Temporary Closures
State-owned Loto-Quebec announced yesterday it would be temporarily suspending several of its gaming facilities, in line with new Quebec Government-issued restrictions related to the rise in the new cases of the coronavirus disease. Activities in the Monteregie, Centre-du-Quebec and Capitale-Nationale regions, including Charlevoix will be affected. The state-run body set up in 1969 with the […]
Business
October 14, 2020
888 Interested in Buying International Assets from William Hill
Itai Pazner, 888 CEO revealed that the company may be looking to acquire non-US assets from William Hill if such become available. 888 Interested in Non-EU Assets by William Hill The global brand 888 has shown interest in acquiring international assets from William Hill if those assets become available after the multi-billion-pound takeover by Caesars […]
Business
October 14, 2020
Greentube Adds Neccton’s Mentor to Boost Consumer Protection
In a fresh partnership with Neccton, Greentube will launch the company’s Mentor Responsible Gambling (RG) system to bolster security across its own brands. Greentube Rolls out New Consumer Protection Tool Novomatic’s interactive division, Greentube, has rolled out Neccton’s Responsible Gambling (RG) solution, Mentor, designed to bolster consumer protection. The first brand to benefit from the […]
Business
October 13, 2020
MGM Resorts Completes $750M Senior Notes Offering Due 2028
MGM Resorts International announced in an investor update today it successfully completed a previously announced issuance of senior notes to the amount of $750 million due 2028 and priced at 4.75% annually. The new debt issuance was initiated in April, amid the uncertainty regarding the ongoing health crisis which forced federal and state authorities to […]
Business
October 13, 2020
TRWH Acquires Bally’s, Plans to Rebrand Its Properties
Rhode Island-based casino operator Twin River Holdings, Inc. announced today it acquired the Bally’s brand from its owner, Caesars Entertainment, for $20 million. The deal will allow the casino operator to keep the brand for the previously purchased Bally’s Atlantic City and also rebrand all of its casino properties. Bally’s Rise and Fall Bally’s brand […]
Business
October 12, 2020
Tipico Signs with Century Casinos for Colorado Sports Betting
Nasdaq-traded Century Casinos, Inc. announced today it entered into a deal with German sports betting operator Tipico for sports wagering partnership in Colorado. Tipico becomes the third sports betting partner for the casino operator who already signed agreements with Circa Sports and Bet365. Tipico Enters a Second State The deal Century Casinos and Tipico signed […]
Business
October 12, 2020
NetEnt Goes Live with Cordish Playlive! in Pennsylvania
NetEnt increased its market presence in Pennsylvania after launching its game portfolio for the online casino PlayLive! by The Cordish Companies. PlayLive! Clients Can Now Enjoy NetEnt Game Portfolio The entertainment industry leader NetEnt increased its market presence in Pennsylvania after integrating with the recently launched online casino PlayLive! by The Cordish Companies. The portfolio […]
Business
October 11, 2020
2019 Gambling Advertising in Spain Posted 10.6% Growth
Advertising for gambling purposes in Spain last year posted a double-digit increase, contrary to the overall decline of marketing-related investment in the country. According to the 6th edition of the Advertising Observatory in Spain 2020 by the Spanish Association of Advertisers (AEA), advertising spend for gaming and betting grew by 10.6%, while total advertising spend […]
Business
October 11, 2020
PandaScore Completes Funding Round for €5M Assisted by FDJ
French eSports data supplier PandaScore announced it completed a funding round to raise €5 million which will be directed towards team expansion in Paris and Malta and product portfolio enhancement. The funding was raised through a subsidiary of French gaming operator La Française des Jeux (FDJ). V13 Invest, Alven, aXiomatic Gaming and KB Partners Led […]