Business
August 15, 2019
Sports Betting Revenue Up for New Jersey and Delaware in July
New Jersey saw a rejuvenating spike in revenue during July, figures standing at $17.9 million Total handle was generated primarily from the online market, amounting to $213 million from the entire $251.4 m Despite decreased player spending, Delaware also reports a significant improvement of sports betting revenue during July Despite the notable decline New Jersey […]
Business
August 15, 2019
Dallas Cowboys Boss Eyes Arkansas Casino Project
Photo credit: Legends Arkansas Jerry Jones’ Legends Hospitality most likely winner for casino site in Pope County Cherokee Nation Businesses could contribute $39 million in economic development fees Legends still needs to obtain a license first Dallas Cowboys’ owner, Jerry Jones, is teaming up with the Cherokee Nation Businesses to launch a casino in Pope […]
Business
August 13, 2019
Casinos in Maryland Donate $542 Million to Education Fund
Three casino operators have generated and donated more than $542 million meant to facilitate education reform efforts in the state of Maryland State Governor praised the gaming businesses’ strong performance and show of good will Educational reforms in the state, recommended by the Kirwan Commission, require a total of $725 million About 30 percent of […]
Business
August 13, 2019
NFL and Sportradar to Provide Faster and More Accurate Data
Photo credit: Sportradar NFL to release official data to sportsbooks around the world Sportradar will determine which betting firms qualify Integrity to be ensured by both the League and the company NFL and Sportradar sign an extension of their existing partnership to provide more accurate and quicker data, including to sportsbooks around the world. NFL’s […]
Business
August 11, 2019
Las Vegas Casino Operators See Dive in Macao Business
Macao’s VIP business suffers the consequences of the US – China trade war The Las Vegas Sands Corporation, MGM Resorts International and Wynn Resorts Ltd. all report on slumps in VIP business revenue Business analysts remain optimistic for the long-term future Business reports from Macao display a market-wide revenue decrease of 13.4% year-on-year for the […]
Business
August 9, 2019
William Hill Profits Suffer FOBT Change and US Expansion Costs
Profits for William Hill decline by 12% following UK tax increase and US expansion costs Net revenue for the first half of 2019 up by just 1% Chief executive of the brand gave praise to the business and pointed out that they are still following their five year plan The United Kingdom’s bookmaker giant William […]
Business
August 8, 2019
Genting Malaysia’s Empire Bid Saps Share Value
Genting will team up with Kien Huat to create a new entity for Empire Resorts The company’s shares take an 11% tumble The company is acquiring shares worth $128.6 million total in Empire Resorts Genting Malaysia has made multiple headlines, announcing its intentions to acquire Empire Resorts and dispose of 35 percent share in a […]
Business
August 6, 2019
Caesars’ First Half Revenue Growth Followed by Landslide
Caesars Entertainment reports net loss of $532 million from the first half of 2019 Despite the slump, new CEO, Tony Rodio, praised the business for a solid performance The enterprise announces working towards merging with Eldorado Resorts United States casino titan Caesars Entertainment reported a net loss of $532 million dollars, which occurred during the […]
Business
August 6, 2019
SG, Oneida Indian Nation Offer Sports Betting in NY
SG and Oneida Indian Nation break into the NY market with two casinos Both casino properties will be Caesars branded Mobile and online betting and gaming are still off the table. Scientific Games and Oneida Indian Nation are going to offer sports betting wagers leveraging SG’s OpenSports platform. SGC and Oneida Indian Nation Enter NY […]
Business
August 6, 2019
Macau Bans Use of Casino Tech to Beat Patrons
Macau operators leverage tech to beat customers Watchdog sweeps in to restrict the practice Tech is suspended by the regulator Macau’s operators have been using technology to boost their security and as it turns out to beat the customer. The region’s gaming regulator has reportedly blocked the practice. Macau’s Operators Banned from Misusing AI/Surveillance Tech […]