Business News and Headlines
Business
January 4, 2023
Blueprint Gaming Promotes Canadian Growth with New NorthStar Gaming Deal
Now, the company that creates “exciting slot games for the global online and mobile markets” has inked a new agreement with NorthStar Gaming, building more momentum on Canadian soil. Ontario: a Key Market in Blueprint Gaming’s Growth According to the new deal, the company that owns and operates NorthStar Bets will see Blueprint eventually launch […]
Business
January 4, 2023
Flutter Reportedly Seeks Chairman to Succeed Gary McGann
Gary McGann is an expert in the growing betting and gaming industry with significant experience. He joined Flutter back in 2015 and has served as chairman of the company since. Global Gaming Giant Reportedly in Search of New Chairman Earlier this week, a new report released by Sky News revealed that the gambling industry giant […]
Business
January 4, 2023
Taxes from Gambling in Macau Decrease in November 2022
In light of the COVID-related restrictions and decrease in traveling, the Macau SAR Government has seen a decrease in tax revenue recently. Macau Gambling Taxes Halt at $194M in November Overall, Macau’s six casino concessionaires contributed a total of MOP$1.56 billion ($194 million) in November 2022, a recent report released by IAG reveals. When compared […]
Business
January 4, 2023
Chilean Billionaire Backs Out of Las Vegas Strip Property Deal with LVCVA
Real Property reported that this came as a surprise as the $120 million deal was announced in October 2021 and on October 12 this year the state-funded convention and tourist agency LVCVA made an announcement that the sale has been finalized with just some regulatory approvals still pending. LVCVA Has Been Trying to Sell the […]
Business
January 4, 2023
A Vegas Dreams Casino Resort Will Not Be Happening
However, recent updates indicate that the deal has fallen through, as the Las Vegas Convention and Visitors Authority (LVCVA) did not finalize the sale of the 10-acre plot planned for the new casino resort. The Deal’s Failure Is a Setback for Both Parties Claudio Fischer has a long and troubled history in the Vegas Strip. […]
Business
January 3, 2023
Pragmatic Play Seals Peru Agreement with Pentagol
The offering includes a large number of Live Casino, Virtual Sports, and Slots options that already count among the favorites of many players in Latin America. Plus, Pentagol players will also get unrestricted access to a series of freshly released games. What Will the New Deal Bring to Peruvian Players? Newly launched slots like Fury […]
Business
January 3, 2023
Super Group Expands Global Presence in the US by Acquiring DGC
The NYSE-listed international digital gaming company that offers first-class entertainment confirmed the acquisition of the online gambling and sports betting company that offers market access in a dozen US states, including eight live markets. The new deal will allow Betway’s and Spin’s parent company to further expand its global presence in the US by entering […]
Business
January 3, 2023
Ohio Regulator Claims DraftKings Breached Advertising Rules
On Friday, the Ohio Casino Control Commission (OCCC), the regulatory body in charge of gambling activities in the state, announced that it plans to take administrative action against DraftKings. DraftKings May Be Subject to a $350K Fine The regulator claimed that the sports betting operator breached the state’s sports gaming advertising rules. A statement released […]
Business
January 3, 2023
Wynn Macau Employees to Benefit from Special Allowance
A statement released by the company reveals that the special allowance will be paid to 98% of its current workforce which is 11,600 employees. Wynn Palace and Wynn Macau Employees to Receive Special Allowance on January 16 Wynn Macau explained that the special allowance will be “equivalent to one month’s gross salary.” The payment itself […]
Business
January 2, 2023
Sands China Set to Hand Out Discretionary Allowance to 99% of Staff
After announcing a series of changes that would help it comply with Macau’s gaming regulation upgrades at the beginning of December, Las Vegas Sands’ Macau-located arm, Sands China Ltd, has prepared a discretionary allowance for 23,000 of its employees. All eligible full-time staff members will receive the payment on January 18 as a token of […]