Business News and Headlines
Business
September 18, 2020
UK Gambling Data Suggests Slow Recovery for the Industry
The UK Gambling Commission released data from its ongoing tracking of customer activities across all gambling verticals in the country. According to the latest figures, gambling revenue continued to decline in July, despite the return of the retail business. Retail Contribution Significant According to the data collected on all available betting products from the biggest […]
Business
September 18, 2020
NetEnt Readies to Roll out with BetMGM in West Virginia
Following a successful launch in August, BetMGM, the online gaming brand owned by ROAR Digital, has struck a new partnership with NetEnt. As per the partnership, BetMGM will feature NetEnt products in its portfolio. NetEnt to Enhance BetMGM Experience in West Virginia NetEnt is set to roll out its content portfolio in West Virginia in […]
Business
September 17, 2020
William Hill’s Mobile Sports Book App Goes Live in Illinois
America’s leading sports book operator William Hill announced Tuesday it launched its mobile sports betting app in Illinois. In partnership with Grand Victoria Casino in Elgin, the Prairie State became the 6th to feature the William Hill Mobile App. Caesars Entertainment Partnership with William Hill Partnering with Caesars Entertainment, William Hill is offering to sports […]
Business
September 17, 2020
NV Governor Says Gathering and Venue Limits May Loosen Up
For the first time in a long time, Nevada Governor Steve Sisolak gave business some good news. The state’s beleaguered casino industry may be allowed to expand current venue capacity as Gov. Sisolak spoke on Wednesday and suggested that the current 50-person capacity limits on gatherings may be loosened up. At the time of his […]
Business
September 16, 2020
DraftKings Becomes Giants’ Official Sports Betting Operator
Daily fantasy and sports book operator DraftKings announced today it entered into an exclusive multi-year arrangement with the New York Giants. According to the terms of the deal, DraftKings is becoming the Official Sports Betting, iGaming and Daily Fantasy operator for the franchise from the National Football League (NFL). SportsLounge to Further Engage with Fans […]
Business
September 14, 2020
City of Dreams Manila Undergoing Casino Operations Trial Runs
City of Dreams, the casino-type resort in the Philippines operated by a subsidiary of Melco Resorts, confirmed it was undergoing trial runs of its casino operations. The management of the resort informed local outlet GGRAsia that despite the tests, the casino property is still waiting for a reopening date for full operations to be set. […]
Business
September 14, 2020
PointsBet Enters the Illinois Sports Betting Market
The online betting firm PointsBet launched online, mobile, and sports betting in Illinois. The operator will also offer exclusive prices for games of the Chicago Bears NFL team. The Online Gambling Operator Expands Its U.S. Presence by Entering Illinois Saturday, September 12, PointsBet announced its entry on the Illinois sports betting market. The gambling operator […]
Business
September 13, 2020
Betfair to Pull Betting Exchange in New Jersey on October 1
British sports betting exchange Betfair announced on Friday, September 11 that the company was withdrawing from the New Jersey market. Betfair cited poor results in the market as well as the fact that the state was getting its first sports betting exchange as the reasons behind the decision. The company will stop servicing the market […]
Business
September 12, 2020
Rank Gambling Group Urges London to Revitalize As Profits Continue to Plummet
The Rank Group, which owns numerous gambling establishments in the UK, has suffered a sharp drop in profits at its Grosvenor Hotel and Casino locations within the capital. Even though the casino has been given the go-ahead to reopen, revenues are trailing behind last year’s numbers reaching only 40% of the expected amount. Other casinos […]
Business
September 11, 2020
Former MGM CEO Mulls New Gaming & Entertainment Projects
Former MGM Resorts International CEO Jim Murren is pursuing potential deals in online gaming, live events and other entertainment-related businesses, according to a Bloomberg report. Murren, who led the casino company for more than a decade before stepping down in March teamed up with Edward King and Daniel Fetters, both Morgan Stanley veterans, in search […]