Business
September 27, 2019
Unibet Launches 2nd US Sportsbook in PA
Unibet launches sportsbook in Pennsylvania Retail operations will be first and digital wagers will follow next The companies hope to create a best in class experience Kindred-owned operator Unibet has launched its first Pennsylvanian sportsbook and the second in the country. The company has partnered with Mohegan Sun Pocono in the Keystone State. Unibet Launches […]
Business
September 24, 2019
GiG Shuts Down Its Proprietary Game Development Studio
GiG shuts down its gaming studio for posting negligible revenue. €250,000 in monthly savings expected. More changes expected from the company’s strategic expansion plans. On Monday, renowned online gambling technology provider Gaming Innovation Group (GiG) announced that it had reached a “strategic decision” to shut down its GiG Games studio. According to the company’s officials, […]
Business
September 24, 2019
Caesars Sells Rio All-Suite Hotel to Imperial Companies
Rio All-Suite changes ownership, sold to Imperial Commpanies’ subsidiary Caesars will manage the property for the next two years WSOP will remain at the venue and host the upcoming event there WSOP-hosting venue, the Rio All-Suite Hotel and Casino, has been sold to Imperial Companies, a real-state investor. The previous owner, Caesars Entertainment, will continue […]
Business
September 23, 2019
GC Approves Rank Acqusition of Stride Gaming
Rank Group to acquire Stride Gaming UKGC gives clearance for the deal Better synergy results expected as a result Rank Group will be acquiring Stride Gaming by October 3 after the deal has received clearance from the UK Gambling Commission. The companies are due to meet at the Royal Court of Jersey on October 2. […]
Business
September 21, 2019
Microgaming Announces Decision to Shut Down MPN
MPN to be shut down in 2020. Microgaming to redistribute key resources. Bot problem is speculated to have contributed to the decision. Renowned online gaming software provider Microgaming on September 20 announced that it has decided to close the Microgaming Poker Network (MPN), one of the oldest and most popular operations in the world of […]
Business
September 20, 2019
10bet Signs Biggest Soccer Partnership with Juventus
10bet signs biggest soccer partnership in its history Juventus to promote its brand outside Italy Blanket ban on gambling ads in the country rule out Italy as a market Juventus has signed a marketing partnership with 10bet to boost awareness and improve engagement outside of Italy. 10bet Boosts Marketing Campaign with Juventus Partnership Betting agency […]
Business
September 20, 2019
Apple Extends Deadline for Ban of Non-Native Betting Apps
Apple extends the deadline for HTML5 app ban. Developers have until next March to comply. More native-first apps expected. Last June, Apple updated its App Store policies and introduced a new rule that required gambling operators to replace their HTML5-built gambling apps with native apps. Failing to do so would mean that they would be […]
Business
September 18, 2019
Daughter Gambles Away Mother’s Family Home
Mother of girl who committed suicide over gambling losses says more adequate care is needed The Northern Gambling Services works on developing 14 clinics nation-wide to provide better care Volunteers relied on to help local addicts and support them through their fight with addiction. The United Kingdom now has 340,000 people who suffer from gambling […]
Business
September 17, 2019
Morgan Stanley Downgrade’s Price Targets for Poker Stocks
Morgan Stanley has recently downgraded the price targets on GVC Holdings, Playtech and The Stars Group (TSG) amid concerns that the online poker industry will face a long-term threat from poker-playing artificial intelligence (AI). Also known as bots, poker-playing AI has been a hot topic in the online poker and computer science communities for years […]
Business
September 14, 2019
Tribal Gaming in the US Skyrockets to $33.72bn GGR in 2018
Native American casinos generate $33.72 billion in 2018 Year-over-year growth hits 4.1% Tribes work closer together to boost profits Native American casinos have managed to generate a record $33.72 billion in gross gaming revenue (GGR) in 2018. GGR is used to measure the overall performance of casinos out there. Last year’s result constitute a 4.1% […]