Business News and Headlines
Business
July 12, 2022
PlayUp To Undergo Strategic Review, Selling the Business Is an Option
PlayUp, a leading online gambling and betting operator, has announced that it will consider numerous alternatives in its strategic review, with one alternative being selling the business. The review was initiated by the company’s board of directors and Innovation Capital LLC is the review’s financial advisor. PlayUp Is Currently on a Mission to Expand in […]
Business
July 12, 2022
Entain Brings Dominic Grounsell as CCO in Latest Hire Push
Entain has made another appointment as the company continues to reshuffle its internal organization and optimize structures. The company has now appointed Dominic Grounsell as its chief commercial officer. Grounsell has been working with Entain for the past three years and he has helped establish and advance different brands’ operational footprints both through retail and […]
Business
July 12, 2022
BCLC and Saskatchewan to Launch New Gaming Website in November
The Saskatchewan Indian Gaming Authority is pressing on with plans to launch its new dedicated gaming site which will be on time for the Canadian Football League’s Grey Cup and provide additional opportunities for sports fans to place a wager on the outcome of one of the biggest events in the country. Saskatchewan’s Gaming Website […]
Business
July 12, 2022
Wynn Macau Appoints Frederic Jean-Luc Luvisutto as New COO
Wynn Macau has shifted its chief operating officer Frederic Jean-Luc Luvisutto to the position of chief operating officer for the Macau subsidiary and Wynn Resorts. The appointment came into effect on July 7, 2022, with Linda Chen stepping down from their current position. She has been shifted into a VP and executive director for the […]
Business
July 12, 2022
Delasport Leads New Expansion Push in Europe with UK
Delasport has received a license to enter and expand in the UK gambling market. The company has earned a B2B Remote Gambling Software License and Remote Betting Host Real Events License which gives the company a significant breath of operation. Delasport Clears UKGC Bar to Provide Businesses with Products As a result, Delasport will be […]
Business
July 12, 2022
French National Lottery Confirms Intent to Buy Aleda
The French National Lottery has announced that it will be buying out Aleda, a point-of-sale and payment processor company. The two organizations have entered exclusive negotiations and the Lottery has confirmed its intent to buy. This should empower the Lottery to pursue a more aggressive stance over the payment options used to make bets in […]
Business
July 11, 2022
Las Vegas Sands Provides Sands China with a $1B Loan
Las Vegas Sands, а world leader in developing and operating international, world-class integrated resorts, has issued a loan to its Chinese arm. As per the agreement, Sands China will receive a $1 billion subordinated unsecured term loan. Sands China Considers the Terms Fair The loan was issued on July 11, 2022 and Sands China will […]
Business
July 11, 2022
Star Entertainment Taps Michael Issenberg as Non-executive Director
Facing a handful of issues of its own, Star Entertainment Group, the Australian gaming giant, has brought in Tourism Australia chairman Michael Issenberg as a non-executive director as the company steers choppy regulator seas. Star Entertainment has been named in several inquiries, the fallout of the investigation into Crown Resorts, and the broader desire for […]
Business
July 11, 2022
SharpLink Gaming Appoints Tom Masterman as VP, Revenue
SharpLink Gaming is making another recruitment move with the appointment of Tom Masterman. The new hire will be stepping in as VP of revenue and he will focus on building up the company’s customer and partner relationships. Masterman who is an industry veteran brings valuable experience to the table, with his 10 years of working […]
Business
July 8, 2022
Nuvei Teams up with GAN to Expand in North America
Nuvei continues to pivot towards the North American market with the company now teaming up with GAN in what is an alliance forged to help expand the company’s footprint in the region. The two companies have worked together for a while, first coming together to spearhead a launch in Ontario last April. Nuvei and GAN […]