Business News and Headlines
Business
December 4, 2019
Study Says Illinois to Pull Ahead of Nevada in Sports Betting Handle in 2023
After successfully voting a gaming expansion bill, Illinois now expects to beat Nevada in terms of total gaming and sports betting handle as confirmed by analysts. Illinois $45-billion Plan, Gaming Expansion and Sports Betting Earlier this year, Illinois Gov. J.B. Pritzker signed a landmark $45-billion capital plan designed to rebuild communities across the state. The […]
Business
December 2, 2019
Four Companies Bid for Nagasaki IR, Hokkaido Pulls Out of Race
Nagasaki prefecture has revealed the names of three out of four entities applying to participate in an integrated resort request-for-concept process. Nagasaki Receives Four Applicants for RFC Bidding The Japanese prefecture of Nagasaki announced that four entities had applied for its request-for-concept (RFC) call for proposals as of Friday, November 29. This comes shortly after […]
Business
December 1, 2019
Russian Sportsbook Marathonbet Becomes Real Madrid Sponsor
Real Madrid has signed partnership with Russian sportsbook Marathonbet. This is the first Russian investor in one of Spain’s top-tier soccer teams, after a similar partnership between Marathonbet and Sevilla. Real Madrid Teams Up with Marathonbet for Betting Partnership Spain’s soccer powerhouse Real Madrid has struck up a partnership with Russian sportsbook Marathonbet. As a […]
Business
November 30, 2019
South Shore Casinos Shoot Up in October, North Shore Decreases
South Lake Tahoe casinos reported significant gains in October while gaming on the North Shore experienced a slump. South Shore casinos Gaming Wins Exceed 2018 Figures South Shore casinos increased by 14.3% to reach $19.5 million due to a 2.6 million growth in game and table win, which corresponds to 115.7%. The $19,503,080 South Shore […]
Business
November 30, 2019
NFL’s Owner Stephen Ross Invests in Betting Analytics Platform Action Network
Billionaire Stephen Ross, owner of the Miami Dolphins and Hard Rock Stadium, has invested in the sports gambling startup The Action Network via private investment firm RSE Ventures. A Multi-Million Investment Led by Feritta Capital The undertaking as part of a $17.5m fundraising round that closed earlier this year is an attempt by yet another National Football League owner to […]
Business
November 28, 2019
MGA Awards: Slot Game of the Year Goes to Wazdan’s Larry the Leprechaun
Wazdan won the Slot Game of the Year Award for its prominent release Larry the Leprechaun at the highlight event of Malta Gaming Week – Malta Gaming Awards. The ceremony took place on the 26 of November at one of Malta’s biggest venues – the Hilton hotel. High Payouts and Stunning Graphics The category, Slot […]
Business
November 28, 2019
Wynn Resorts Pays $41m to Settle Shareholder Lawsuit
A settlement has been reached between Wynn Resorts and shareholders. Wynn Resorts will pay a total of $49 million to turn the page of former CEO Steve Wynn’s sexual harassment saga. Wynn Resorts to Pay $49m in Settlement Case On Wednesday, Wynn Resorts said it would pay $41 million to settle a derivative lawsuit filed […]
Business
November 26, 2019
William Hills US Teams Up with Casino Miami to Launch Sportsbook in Florida
US-based sports betting operator William Hill US is set to bring betting on horse racing in Florida, the operator’s first activity in the market in its 85-year history. The bookmaker will open a new land-based facility at Casino Miami Florida to Welcome the Venue This Year Although the launch of the race book is subject […]
Business
November 24, 2019
Hard Rock to Operate Bristol Resort & Casino, Virginia
Renowned world brand Hard Rock will operate the Bristol Resort and Casino, project partner Jim McGlothlin confirmed on Friday. For the project to go-ahead, Bristol voters will have to hold a referendum, but things are looking good. Hard Rock International to Operate Bristol Resort and Casino Hard Rock International will become the official operator for […]
Business
November 22, 2019
Andrew Yang Takes Aim at Loot Boxes, Says They are Harmful to Children
Democratic presidential hopeful Andrew Yang wants to tackle gambling issues in the U.S. Yang has already taken aim at the controversial loot boxes. Andrew Yang on Loot Boxes’ Neck Democrat and presidential candidate Andrew Yang recently questioned the economics and psychological effects of loot boxes. His concerns were made clear in a policy paper titled, […]