Business
November 22, 2019
William Hill Acquires CG Technology in a Pivotal Deal
In another pivotal deal for the British bookmaking company, William Hill has acquired beleaguered CG Technology, bringing expertise to the table and benefiting from the US company’s established portfolio of products. William Hill Acquires CG Technology William Hill’s acquisition of the troubled CG Technology, previously known as Cantor Gaming, is an opportunity for the company […]
Business
November 21, 2019
$3 Billion Lawsuit Against Wynn Resorts Quashed by Federal Judge
$3bln lawsuit against Wynn Resorts was dismissed. Sterling Suffolk claimed Wynn used fraudulent means in acquiring the Encore Boston Harbor casino license. Sterling Suffolk Suffers Loss in Court after Judge Quashes Lawsuit Wynn Resorts can breathe a sigh of relief after U.S. District Court Chief Judge Patti Saris quashed a $3 billion lawsuit facing the […]
Business
November 21, 2019
William Hill Posts Results up to October 29, 2019
British gambling operator William Hill posts solid results despite regulatory headwinds at home and across Europe. US assets continue to spur growth and fresh opportunities to develop the business, with a few caveats. William Hills Operations Continue to Grow Strong US expansion has bolstered British gambling and sportsbook company William Hill results. Posting results on […]
Business
November 19, 2019
Primorye Gamblng Zone to Welcome at Least 11 Casinos
Estimated 11 casino properties will be available by 2023 in Primorye Gambling Zone, head of Department of Tourism and vice governor Konstantin Shestakov confirmed. Primorye Gambling Zone Right on Schedule The anticipated Primorye Gambling Zone in Russia will host at least 11 casinos with the properties being finalized by 2023, Konstantin Shestakov, regional vice governor […]
Business
November 18, 2019
Melco Chief Expects 2020 To Be a Down Year
The US-China trade war is likely to cause a slow down among Macau casinos in 2020. Melco Resorts’ CEO Anticipates a Slow Year in 2020 Lawrence Ho, Chief Executive at Melco Resorts, suspects that 2020 will be a “down year” for casino operators in Macau. He made the prediction over the weekend, during an interview […]
Business
November 16, 2019
Caesars and Eldorado Shareholders Approve Acqusition
Both Caesars Entertainment Corp. and Eldorado Resorts Inc. shareholders have cleared an anticipated acquisition worth $17.3bn and due to take place in the first three months of 2020. Caesars, Eldorado Shareholders Clear $17.3bn Acquisition Deal Caesars Entertainment Corp. and Eldorado Resorts Inc. shareholders voted in support of an anticipated merged whereby Eldorado is paying $17.3 […]
Business
November 15, 2019
New Jersey Just $13M Shy of Hitting $500M in Sports Betting Revenue for October 2019
New Jersey just $13M shy of hitting $500M in sports betting revenue for October. New Jersey collected a total of $487,924,504. Online betting leads the way. New Jersey Close to Hitting $500M per Month in Revenues An extra $13 million and New Jersey would have hit the $500M mark in revenues for a single month […]
Business
November 14, 2019
Comprehensive Plan for Alabama Gaming by Poarch Band of Creek Indians to Bring in Billion Annually
The Poarch Band of Creek Indians seeks to introduce gaming in Alabama through a comprehensive gaming plan outlined in the Winning for Alabama online platform. Poarch Band to Raise Billions in Taxes for Alabama Annually Alabama is gearing up for a billion worth of dollars per year in the form of gaming taxes. This is […]
Business
November 14, 2019
Fresh GTA Diamond Casino Update Boosts Player Base 23%
A fresh update has just sent the GTA player base up 23%, after the Diamond Casino & Resort content received another face-lift. GTA Online Update Leads to 23 Percent Increase in Player Base Grand Theft Auto Online, Rockstar Games’ flagship massive multiplayer game, has registered a 23% spike in its player base after a freshly […]
Business
November 13, 2019
HBSC Introduces Self-restriction Option for Spending on Gambling Sites
HSBC has launched a new feature that allows customers to add or remove gambling restrictions on their accounts Limits on gambling funds in line with ATMs withdrawal restrictions Europe’s largest bank is taking measures to protect customers from spending money on gambling websites thus becoming the latest bank to introduce such restrictions in an attempt […]