Business
August 4, 2019
Konami’s Revenue Grows, Profits Dip amid Expansion
Konami’s revenue climbs up to $63.8 million in Q1, 2019 The company’s expansion continues overseas Operating profit slows down Konami’s revenue has been increasing at the expense of operating profit. The company’s expansions continues with new installations and gaming cabinets. Konami Reports Strong Revenue for First Fiscal Quarter Konami Holdings Corp. has posted solid results […]
Business
August 4, 2019
First Year of Online Games Nets Pennsylvania $31.1m
The Pennsylvania lottery announced record profits after first full year of online gambling options Previously opposed online services bring record gains to other states as well Some states report record annual results without utilizing online gambling The Pennsylvania state lottery reached record profits thanks to their new online gambling options. On Thursday, the state’s lottery […]
Business
August 3, 2019
ESL Announces Arena of Valor SEA Tournament, Road to AIC 2019
ESL hosts a new Arena of Valor event in Southeast Asia-Pacific Malaysia, Singapore and the Philippines will participate AoV female players are more numerous than male counterparts ESL will host an Road to AIC 2019 event in Southeast Asia, offering opportunity to three countries from the region to field their teams. Arena of Valor to […]
Business
August 2, 2019
Big 5 of Betting to Oversee Responsible Gambling Funds
Sportsbooks in the UK to manage responsible gambling funds A series of initiative to improve gambling undertaken in the UK Paddy Power and Sky Betting particularly insistent to protect customers Sports betting companies in the United Kingdom will create a special committee to oversee how money allocated to responsible gambling are spent. The Big 5 […]
Business
August 1, 2019
Penn Forges 20-Year Deals with DraftKings, STG, Others
Penn National has signed partnerships with multiple betting and gaming companies, including PointsBet, theScore, The Stars Group, DraftKings, and Kambi. Penn National Adds Multiple Big Gaming and Betting Brands Penn National has signed up a number of partnership agreements with prominent suppliers and brands of various sports betting, poker, and gambling products. The US-based casino […]
Business
July 30, 2019
Inspired Becomes Loto-Québec Suppliers of iGaming Solutions
Inspired Entertainment breaks into Canadian market Loto-Québec to benefit from the company’s Plug N Play offer More slot and table games arriving to Québec Inspired Entertainmentwill bring its on-demand virtual sport Plug N Play platform along with casino table and slot games to Loto-Québec. Inspired Entertainment Enters Quebec’s Lottery Inspired Entertainment is entering Canada with […]
Business
July 29, 2019
Sports Betting in Germany Disassociated from Online Casinos
New German licenses for sports betting vendors require no connections to online casino services The German States is looking for more permanent solutions to issues with online gambling The newly appointed licensing starts January 1st, 2020 but will last only year and a half Earlier in July the Darmstadt Regional Council in Germany appointed new […]
Business
July 28, 2019
Walt Disney Settles with Genting over Fox Deal
Walt Disney and Genting settle in Fox Case Fox World to be renamed to Genting Genting overcomes an important setback in its investment portfolio Walt Disney has agreed to honor the original deal struck between Fox and Genting back in 2013, allowing Genting to use Fox assets in the rebranded Fox World resort. Walt Disney, […]
Business
July 27, 2019
Sports Betting Integrated in North Carolina Law
Governor Roy Cooper signs bill to make sports betting legal in North Carolina Local lawmakers decide not to burden the operation Sports betting to be restricted only to gambling operations, leaving mobile betting out of the question This Friday marks the day on which North Carolina become the seventh state to integrate sports betting in […]
Business
July 26, 2019
Deal between Rhode Island Governor and IGT Raises Questions
Gina Raimondo extends deal between IGT and the state of Rhode Island until 2043 State legislators submit ethics complaint against the decision Arguments for the deal can’t stand up to par Raimondo and IGT Sign New Contract amid Criticism from Observers Gina Raimondo, governor of Rhode Island, has reportedly concluded a new deal with International […]