Business
August 22, 2020
Wynn Offers Ownership for Top Leaders, CEO Contributed Personally
Wynn Resorts Ltd is going the extra mile in keeping its key employees by offering them ownership in the company. And its CEO, Matt Maddox, is again leading the way by giving up his shares for the grant. A Thursday filing with the Securities and Exchange Commission (SEC) showed the company is setting up a […]
Business
August 22, 2020
Regulators Need Help to Understand Crypto, Says Rep. Emmer
Representative Tom Emmer has stated that Ripple is not a security and that it deserves regulatory clarity from SEC. In the meantime, Emmer is convinced that industry experts should continue to educate lawmakers on the good blockchain and crypto can bring on. Ripple Deserve Regulatory Clarity Says Rep. Tom Emmer Should the Securities and Exchange […]
Business
August 21, 2020
BGC Hails the Impact of the Whistle-To-Whistle Ban
The gambling industry representative body in the UK, the Betting and Gaming Council (BGC), issued a report regarding the effects of the introduction of a whistle-to-whistle ban on gambling advertising, concluding that the TV betting ban during live sports has dramatically reduced children’s ability to watch them. The Ban Reduced Gambling Ads Exposure for Children […]
Business
August 20, 2020
SG Launches Sports Betting with FireKeepers Casino in MI
Scientific Games launches sports betting and iGaming with FireKeepers casino in Michigan. The recent launch makes FireKeepers the first tribal operator to offer sports betting in the Great Lakes State. The First Tribal Operator to Offer Sports Betting in Michigan – Firekeepers Casino Scientific Games the world leader in casino entertainment launches sports betting and […]
Business
August 20, 2020
Bookies Exploited Client with Movement & Speech Impairment
Ladbrokes Coral and Paddy Power are at the center of another case of predatory bookmaker actions, the Guardian reports, helping a gambling addict that has suffered a life-changing disability fill out betting slips and squander his compensation. Liam McCarron was a successful businessman at the time when in 2007 he sustained injuries from a medical […]
Business
August 20, 2020
Boyd Adds IGT Sports Betting Tech for Nevada Properties
IGT and Boyd Gaming have signed up a multi-year partnership under which Boyd will utilize IGT’s sports betting platform and self-serving wagering kiosks across Boyd’s Vegas properties. Boyd Gaming and IGT Extend Partnership On Wednesday, casino operator Boyd Gaming inked a new partnership with International Game Technology (IGT). The deal allows Boyd to benefit from […]
Business
August 20, 2020
Attorney Says Vegas Clarke County Bars to Open on Thursday
Dennis Kennedy, an attorney who sued Nevada over bars closure, has said on Tuesday that Vegas-area bars may start reopening as early as Thursday night. Vegas Area Bars May Reopen Tonight Las Vegas bars may reopen tonight, says Dennis Kennedy, an attorney who sued the state over Gov. Steve Sisolak’s forceful shutdown of watering holes […]
Business
August 19, 2020
Wynn Cautions US-Chinese Tensions Could Affect Macau Gaming
With the US-Chinese relations deteriorating under President Donald Trump, Wynn Resorts has expressed concerns that bad politics could impact business. Wynn Resorts Anticipates Worsening of Business Climate in China With the United States drawing nearer to election date, US President Donald Trump has used his gung-ho rhetoric against China generously. He imposed sanctions on several […]
Business
August 18, 2020
Everi to Roll Out Contactless Wallet by the End of 2020
A new contactless wallet solution will be released by Everi in Q4 2020. The solution called CashClub Wallet will provide cash and cashless options for users at gaming and non-gaming venues. CashClub Wallet by Everi Will Be Live in Q4 2020 The gaming industry leader Everi Holding Inc has announced a plan to roll […]
Business
August 18, 2020
PA Casinos Recover to Pre-Pandemic Levels in July, Beat 2019 Results
Casinos in Pennsylvania posted strong revenue for July, recovering to pre-pandemic levels, the PGCB reported on Monday. Revenue in PA Casinos Beats July 2019 Results Gambling revenue has recovered to pre-pandemic levels, the Pennsylvania Gaming Control Board (PGCB) said on Monday, citing the numbers for July. According to the results submitted to the regulator by […]