Business
May 21, 2020
Svenska Spel, IGT Pave the Way for Cashless Gaming
Svenska Spel has said it will further innovate the VLTs retail sector in Sweden with the help of IGT and the firm’s cashless payment technology, IGTPay. IGT and Svenska Spel Introduce Cashless Payment Solutions for Retail Venues IGT and Svenska Spel have teamed up to turn a new leaf in gaming, introducing cashless technology with […]
Business
May 20, 2020
Hotels in Atlantic City Prepare to Open, Accept Reservations
More hotels begin accepting reservations as they plan reopening their casinos and restarting gaming in Atlantic City, New Jersey. Hotels Renew Reservations in Atlantic City, Expect Customers in June While some have not stopped taking reservations, including a buoyant Hard Rock Hotel and Casino, some operators in Atlantic City, New Jersey, decided to suspend reservations […]
Business
May 19, 2020
Atari Signs Partnership Deal with the Litecoin Foundation
Manufacturer of video games and consumer electronics Atari announced today the company entered into partnership with the Litecoin Foundation, to help facilitate the use of Litecoin across its gaming platforms, as well as with other potential ventures, including joint merchandising. The Litecoin Foundation is a non-profit organization with the main purpose to promote awareness of […]
Business
May 19, 2020
Evolution Gaming and Golden Nugget Sign Strategic Partnership Deal
Evolution Gaming, the leader in Live Casino services, announced today it has entered into a partnership deal with Golden Nugget, the Las Vegas-based casino operator that also runs gaming properties in Atlantic City, Laughlin, Biloxi and Lake Charles. Live Games Since 2016 Golden Nugget, the casino company that pioneered in New Jersey the category Live […]
Business
May 18, 2020
SportPesa Generated $200M in May 2019 Betsspo, Leaked Regulatory Document Revealed
SportPesa, Kenya’s leading bookmaker before having its license suspended and being forced to abandon operations, has reportedly generated nearly $200 million from bets in May 2019, a recently leaked regulatory paper revealed. Betting Mania An official revenue spreadsheet acquired from an insider from the Betting Control and Licensing Board (BCLB), the gaming regulatory body in […]
Business
May 18, 2020
GVC Completes Ladbrokes Migration to Its Proprietary Technology Platform
GVC Holdings announced today the migration of Ladbrokes to its market-leading proprietary technology platform, which, together with Coral, Gala Bingo, Gala Casino and Gala Spins, successfully completed the list of Ladbrokes Coral brands the group acquired back in 2018. Remote Work to Complete the Task The integration of Ladbrokes into the GVC platform is setting […]
Business
May 18, 2020
DraftKings Says Esports Betting is “Pent-up” Demand for Sports
According to DraftKings CEO Jason Robins, “pent-up” demand for sports has pushed many people to try alternative sports betting markets. Unfulfilled Demand for Sports Pushes Fans into Other Betting Markets DraftKings CEO Jason Robins spoke to CNBC’s Jim Cramer on Friday, providing another update on the sports betting industry and particularly the uptick in demand […]
Business
May 17, 2020
Mississippi Regulator Announces Casino Re-Open Date, Provides Re-Opening Guidelines
The Mississippi Gaming Commission issued a 5-page industry letter of guidelines for casinos in the state, informing them they can re-open May 21, in line with St. Gov. Tate Reeves’ announcement casinos may be up and running before Memorial Day, but starting operations with half of their capacity. Screening and Risk Assessment The comprehensive list […]
Business
May 15, 2020
DraftKings Reported Q1 2020 Growth, Despite the Lack of Sports
DraftKings issued today its first quarter financial results after the tie-up with SBTech, posting $113.4 million in revenue and a net loss of $74 million. Despite worse than expected, these results did not affect buying appetite of investors, with DraftKings shares up more than 10% at one stage during the trading day. First Quarter Revenue […]
Business
May 15, 2020
William Hill Shows Resilience During Global Lockdown
British gaming and sportsbook company William Hill has offered an overview of company numbers during the lockdown, reflecting the impact the COVID-19 lockdown has had on the company’s operations, but also showing resilience. William Hill Shows Resilience Despite Drop in Results Leading gaming and betting company William Hill has reported a 57% decline in net […]