Business News and Headlines
Business
June 7, 2022
DraftKings CEO Talks California, Illegal Sports Gambling, and Costs of Acquisition
DraftKings CEO Jason Robins is bullish on what his company can achieve. Commenting during the Goldman Sachs Travel and Leisure Conference the executive exuded confidence that DraftKings is on the right track and that the company will continue to expand in the regulated sports betting space. Illegal Gambling Still Has Sway with the US Bettor […]
Business
June 7, 2022
Swifty Global Acquires UKGC-Suspended Operator Goldchip
Financial and sports betting technology solutions provider Swifty Global has confirmed its acquisition of Goldchip, a UK-focused betting firm that recently had its license revoked by the country’s regulator. The acquisition paves the way for Goldchip’s return to the market, as its new owner already possesses UK and Curacao gambling licenses. A Second Chance for […]
Business
June 7, 2022
Delta Corp Opens a New Casino in South Goa, India
Delta Corp has consolidated its position as the largest gambling operator in Goa after it opened a new casino in the Zuri White Sands Goa Resort at Varca, now rebranded as the Deltin Zuri. The resort opened its doors to gamblers on June 2. The New Venue Aims to Combine Luxury and Excitement Delta CEO […]
Business
June 6, 2022
Universal Entertainment Accuses Philippines Regulator of Corruption and Abuse of Power
The dispute revolving around the hostile takeover of Okada Manila continues to build up momentum as the Philippine gaming authorities side with Kazuo Okada. Universal Entertainment Corp (UEC) issued a statement condemning PAGCOR for corruption and unjustly favoring one side of the dispute. UEC is the parent company of Okada Manila’s owner, Tiger Resort, Leisure […]
Business
June 6, 2022
Sightline Payments Promotes Trio of Executives to Guide Canadian Expansion
Sightline Payments, a global processor of financial transactions, is firmly expanding in the North American market, with Canada being one of its key markets. To support this expansion, the company has been actively hiring and promoting specialists to ensure that it may continue to dominate the digital payments space as it seeks a bigger piece […]
Business
June 2, 2022
VICI Properties Adds Two New Senior Members
VICI Properties Inc., a prominent real estate investment trust, announced Wednesday that it is appointing two new members to key positions. Kellan Florio will assume the role of chief investment officer and senior vice president, while Moira McCloskey will become vice president, of capital markets. VICI is currently the largest casino REIT (Gaming real estate […]
Business
June 2, 2022
Parimatch’s CMO Ivan Liashenko Steps Down from Company
Ivan Liashenko is at the end of an era as he has announced his leave from Parimatch Tech. The now-former chief marketing officer spent nine years on the job, helping the company build from the grounds up and preside over much of its success. He became part of the team in June 2013 and worked […]
Business
June 2, 2022
Caesars Sportbook and NYRA Bets Launched Caesars Racebook
Caesars Sportsbook and NYRA Bets further strengthened their partnership Wednesday by launching a new horse racing wagering app, Caesars Racebook, in Florida and Ohio and enabling horse racing fans to “enjoy a best-in-class horse racing experience in the palm of their hands.” ‘A Win for Horse Racing’ The Caesars Racebook app is now offering sports […]
Business
June 2, 2022
TheScore Bet Exits from US as It Prepares for Canadian Expansion
Betting and gaming platform theScore Bet will clip its wings in the United States and turn the lights off in the next few months. The operator will begin officially making its exit from the market on June 15 from all four states where it currently operates and will double down its efforts in its home […]
Business
June 1, 2022
PointsBet Unveils Multiple Leadership Level Changes
PointsBet, the Australian-based sports betting and gaming operator, announced strategic changes to its global leadership team today. The Company Appoints New Group CTO As a part of the changes, Manjit Gombra-Singh, who served as the company’s executive director since October 2020, will hold a non-executive director role, effective as of June 1, 2022. It was […]