Business
April 1, 2020
Gambling Advertising Limited in Spain Due to COVID-19
Spanish government limits advertising and online gaming marketing while the COVID-19 outbreak continues to grow. Spanish Government Limiting Gaming Advertising Following the gambling marketing regulations implemented by the Spanish government in February 2020, a new article was published in Spain’s Official Gazette this Tuesday (Mar 31). The Royal Decree article 37,11/2020 limits the communication of […]
Business
April 1, 2020
DC Lottery Sports Book Launch Date Pushed Back Again
The Office of Lottery and Gaming in the District of Columbia has announced the planned for the end of March launch of sports betting has been postponed again, this time, for an indefinite amount of time. In a world where all of the major sporting events have been cancelled or postponed due to the coronavirus […]
Business
March 31, 2020
Cyberattack Hits SBTech, Websites Offline Last Weekend
Cyberattack on SBTech caused the supplier to temporarily suspend service to more than 50 websites over the last weekend. SBTech Hit by Cyberattack A potential security threat to SBTech was detected by their monitoring system late on Friday, March 27. The cyberattack was quickly identified as a serious one and flagged, which resulted in the […]
Business
March 31, 2020
Flutter Clears CMA Phase One Regulatory Hurdle For TSG Merger
The mega-merger deal between Irish-based Flutter Entertainment and Canadian-headquartered The Stars Group /TSG/ has moved one step ahead as the Competition and Markets Authority /CMA/ in the UK has given “unconditional phase one clearance” to the proposed combination. The owner of Paddy Power Betfair exchange, Flutter Entertainment, and the owner of Sky Bet, The Stars […]
Business
March 29, 2020
Penn National to Sell Tropicana, Furlough 26,000 Employees
As casino companies get hit one after another, Penn National Gaming is the latest sector player to announce drastic measures and proceed with the furloughing of 26,000 employees. Penn National Takes Tough Decisions Amid COVID-19 Crisis With the coronavirus pandemic taking on more threatening dimensions, the world is preparing to brace the economic impact the […]
Business
March 28, 2020
Eldorado, Caesars Deal Faces Difficulties with Regulators
The coronavirus has put a crimp on the casino gambling industry’s hopes in the United States. Nevada has shut down all its casinos, and nationwide, there isn’t a single gambling establishment still open. Workers have been furloughed and the precariousness grows every day. A silver lining has been the fact that the Senate has voted […]
Business
March 27, 2020
William Hill Snubbed By Incoming CFO Citing Industry Uncertainty
A weird turn of events happened Thursday, when UK-based gaming operator William Hill announced the company would have to look for a new Chief Financial Officer. The person chosen for the job decided to remain put in his current role in the cardboard maker company DS Smith, due to the uncertainty in the economic environment […]
Business
March 27, 2020
Powerball Cuts the Jackpot in Half, COVID-19 Strikes the Lottery
The outbreak of COVID-19 is affecting the lotteries – Powerball and Mega Millions are taking action due to reduced sales. Powerball Lottery to Reduce the Jackpots by Half as Soon as the Current Prize is Won The announcement came on Wednesday, March 25, 2020, that the Powerball game would reduce its minimum jackpots in half […]
Business
March 26, 2020
Yokohama Allocates $3.6 Million to IR Efforts
The coronavirus pandemic seems to have brought several parts of the world to a standstill. However, in countries like Japan, the authorities are still proceeding with their long-term plans for development. The country’s plans for its integrated resorts (IR) project is still on track as the country starts to recover from a brief slowdown brought […]
Business
March 25, 2020
UK Introduces Covid-19 Package, BGC Praises The Intervention
The Betting and Gaming Council /BGC/, the gaming body that represents 90% of the betting and gaming industry in the UK, has issued a statement regarding the unprecedented package of measures introduced by the Chancellor of the Exchequer Rishi Sunak last week, praising the government for the magnitude of its intervention to help businesses that […]