Business News and Headlines
Business
January 21, 2020
Genting Group Preparing $10bln For Japanese IR
Amid the bribery allegations against Japanese politicians and the opposition joint effort to abolish the Integrated Casino Promotion Act, the Japanese government decided to postpone the publication of its Basic Policy final set of criteria for selection between the candidates bids, as the Diet needed more time to evaluate public opinion, assess the extent of […]
Business
January 20, 2020
UK Children and Student’s Personal Data Leaked To Gambling Companies
Despite the new customer identity verification rules introduced by the UK Gambling Commission, effective May 7, 2019 as part of their three-year plan to ensure a “fairer and safer” gambling environment for the UK customer, the issue of underage gambling is still on the agenda, with gambling operators looking for any possible way to expand […]
Business
January 19, 2020
Caliente Group President Concerned About New Local Government Tax
Only 9 months after the official opening of the first gambling lounge by Caliente Group, in partnership with Euro Games Technology, the company faces serious problems in their operations, due to the introduction of a local government tax that went into force at the beginning of 2020. Back in April 2019, Caliente Group General Director […]
Business
January 18, 2020
UKGC Launches Three Groups to Address Safe Gambling
Three new groups will address issues of the UK’s gambling market to encourage safe gambling. UKGC Establishes Working Groups to Promote Safe Gambling The United Kingdom Gambling Commission has been working hard recently to make the online gambling market a safer place for players. In addition to announcing a ban on credit card transactions and […]
Business
January 18, 2020
Inspired Entertainment Announced New Jersey Bet365, 888 Casino Partnership Deals
The gaming solutions provider Inspired Entertainment Inc, supplier of gaming systems, terminals and content for gaming machines, virtual sports products for websites, digital games and a variety of other amusement entertainment solutions, spanning across 35 jurisdictions worldwide, has announces two lucrative deals for partnership that will bring their creative gaming content to the sports betting […]
Business
January 17, 2020
Kentucky Betting Legislation Passed Through the State Government Committee Stage
Kentucky sports betting bill clears State Government Committee and heads into House of Representatives for the next step of the legalization process. A promise is a promise Ever since Andy Beshear won the elections in November 2019 and became Governor of Kentucky, the hopes for passing new legislation for betting have been growing, especially with […]
Business
January 17, 2020
Betfred Owners Have Government Gambling Treatment Contracts
The owners of Betfred have been criticized because of their ties to both the flagship British betting company and Health Assured, a company with multiple government contracts, some of which pertain to gambling treatment. Betfred Takes Flak for Owning Addiction Treatment Business The names of Betfred owners Fred and Peter Done have been cited in […]
Business
January 16, 2020
DraftKings Opens New Office in Las Vegas
DraftKings will be opening up a new office in Las Vegas, which will employ over 200 employees. Over 200 Employees to Start at DraftKings’ New Vegas Office DraftKings has been experiencing tremendous growth across the United States and, to stay on its upward trajectory, the brand will be opening up a new office in Las […]
Business
January 15, 2020
New York Mobile Betting One Step Ahead
The Senate Racing, Gaming And Wagering Committee unanimously passed bill S17 to further pave the road for the introduction of mobile sports betting in the State of New York. Better Luck the Second Time Around? After initially being approved by the state senate in 2019, the bill hit the road block later on with the […]
Business
January 15, 2020
Kentucky’s Lawmakers Face Opposition in Sports Betting Talks
Kentucky Gov. Andy Beshear and lawmakers seem determined to push for a legalized sports betting industry in order to back up the public purse. However, certain conservative parties have remonstrated. Lawmakers Readying Up to Push Sports Betting Bill Kentucky’s push towards the legalization of sports betting is moving at a good pace with HB 137 […]