Business
June 17, 2019
SG Sues Shareholder Linked to Terrorist Organizations
SG sets out to litigate with rogue shareholder Sylebra potential linked to terrorism outfits SG could re-sell its stocks as per corporate bylaws SG files lawsuit in Nevada against shareholder whose identity remains not fully disclosed. Scientific Games Litigates with Rogue Shareholder Scientific Games, a global supplier of interactive lotteries and casino solutions, has filed […]
Business
June 14, 2019
AI-driven Betting Agency BetWarrior Teams Up with Kambi
BetWarrior, a new sports betting agency, teams up with Kambi Former PokerStars executives lead the new company AI and machine learning solutions will be leveraged to enhance the customer experience Ex-PokerStars execs Morten Tonnesen and José del Pino are at the helm of a new sports betting agency that will use AI and machine learning. […]
Business
June 13, 2019
Inspired Entertainment Inc. to Acquire Novomatic UK Arm
Inspired Entertainment announces potential buy-up of Novomatic UK Ltd This includes all businesses owned by Novomatic Asian markets remain Novomatic’ priority Amid rapid expansion in Asia, Novomatic has received a buy-out offer by Inspired Entertainment Inc now interested in purchasing the entire business of the UK-based slot maker. Inspired Entertainment Inc Offers to Buy Novomatic’s […]
Business
June 12, 2019
AGA Reveals Data Showing U.S. Ahead of Macau in GGR
AGA posts gaming data that shows stronger results in US than Macau Tribal gambling alone can compete with the Asian gaming hub The industry in the US generates nearly $10 billion in tax money The United States and Macau continue to vie for the title of the world’s largest gaming market. As it turns out, […]
Business
June 10, 2019
Melco Delisting from the Philippines Stock Exchange on Tuesday
Melco is officially delisting from PSE on Tuesday, June 11 The company failed to meet the public ownership rule MCO to buy out the fractioned shares Melco Resorts and Entertainment Corp. has filed a request to delist from the PSE, effective Tuesday, June 11. The filing has been approved. Melco Pushes Decides to Delist From […]
Business
June 9, 2019
Betway and Bet365 Enter Buenos Aires with Local Partnerships
Betway and Bet365 apply for licenses in Buenos Aires Local partnerships are already formed South America’s sports betting potential increases Betway and Bet365 have become the latest overseas gaming operators to make a move on Buenos Aires in the hopes of scaling their operations in Argentina and South America. Bet365 and Betway Make a Move […]
Business
June 8, 2019
SBTech and Oregon Lottery Sign to Launch Mobile Spots Betting
SBTech signs up with the Oregon State Lottery Oregon refuses bids from Playtech, Scientific Games Last-minute amendment could block mobile sports betting The Oregon State Lottery is readying up for a September launch of the sports betting offer with the help of SBTech. SBTech and Oregon Lottery Extend Partnership iLottery supplier SBTech has signed a […]
Business
June 6, 2019
Only Native Gambling iOS Apps Allowed in App Store
Gaming companies will need to redevelop non-native iOS apps Apple will remove all non-compliant apps on September 3, 2019 Changes in how casinos and sportsbooks co-exist may be necessary Gaming and betting companies in the U.S. will have to comply with newly-issued guidelines for the App Store or will have their products removed on September […]
Business
June 4, 2019
MGM Boss Says a Japanese Resort by 2025 Requires ‘Surgical Precision’
Osaka can execute Japan’s IR project on time Challenges in MICE business persist Japan’s IR offers the best ROI the gaming world has seen MGM Resorts boss Jim Murren spoke at the Strategic Decisions Conference 2019 and discussed the future IR in Japan, citing solid ROI and issues to be worked on. MGM Resorts’ Murren […]
Business
June 3, 2019
Melco Share Buy-Out in Crown Resort to Take 1 Year to Review
Melco buys up part of owner’s share in Crown Resort Australia regulators to conduct a probity review for up to a year Melco will seek to consolidate its stake in the company after the review is over Melco acquired a 19.99%-stake in Crown Resort on Friday, sealing a $1.2-billion deal. A year-long review will now […]