Industry News and Headlines
Industry
February 14, 2022
Blackstone to Acquire Crown Resorts for $6.5 Billion
Crown Resorts announced that it entered into an implementation deed under which its shares will be acquired by Blackstone Inc. for AU$13.10 per share. Blackstone, Crown Resorts Enter Into Implementation Deed Crown Resorts, one of Australia’s largest entertainment groups and a leading casino operator, announced on Monday that it entered into an implementation deed with […]
Industry
February 14, 2022
Singapore Closer to Establishing Single Gambling Regulatory Authority
The Ministry of Home Affairs (MHA) in Singapore has doubled down on its plans to introduce a new gambling regulator in the country, with the arrival of the Gambling Regulatory Authority (GRA) expected to happen at some point in mid-2022. To this end, two new bills were introduced in parliament for reading today. The country […]
Industry
February 14, 2022
Gambling Ads Continue to Find More Airtime in the US
Sports betting is here to stay, in the US and across the globe. Like those in any industry, gambling operators want to be able to advertise to attract more customers. However, some believe that there is too much advertising. Countries like Italy, the UK, Australia and others are clamping down on how much – and […]
Industry
February 14, 2022
Department of Justice Seeks Court Help to Overturn Florida Sports Betting Block
Florida’s fight to bring sports betting to the state is headed back to court. A federal judge already shut the state down once, but the story didn’t end there. The Department of Justice (DOJ) is involved now and is ready to do what it takes to support Florida. The next stop is a federal appeals […]
Industry
February 14, 2022
Gaming Inspectors Slam New York Gaming Commission Over Misconduct
Former New York Governor Andrew Cuomo resigned over alleged sexual harassment and other allegations last year. His management style seems to be shared by the New York Gaming Commission (NYGC), which is now facing several serious allegations of wrongdoing. Depending on what action Governor Kathy Hochul wants to take, the NYGC could face some major […]
Industry
February 14, 2022
Indiana Sees Sports Betting Give State Casinos a Boost in January
Indiana sports bettors placed more than $500 million in sports wagers last month. This is a new record for the state, but could soon be broken. If Super Bowl betting, once the final tallies are in, is as good as predicted, February could set another new record. Hoosier State Sports Betting Soars The Indiana […]
Industry
February 14, 2022
Geoconda Argüello-Kline Retires from the Culinary Union
After a historic three-decade legacy of helping working families within the gaming and hospitality industry in Nevada, Geoconda Argüello-Kline announced her retirement from the Culinary Union. Culinary Union Secretary-Treasurer Retires Geoconda Argüello-Kline was a part of the Culinary Union for 32 years. For the last 10 years, she served the Union as a secretary-treasurer. During […]
Industry
February 11, 2022
Dan Broda Appointed Senior Product Manager at Checkd Group
Checkd Group, a collective of social media communities and products created by sports fans, announced a new addition to its ranks with the appointment of Dan Broda as Senior Product Manager. ‘The Right Person to Oversee Our Operations’ New Senior Product Manager Broda will be responsible for overseeing the deployment of the products developed by […]
Industry
February 11, 2022
LeoVegas Reports Good Q4 2021, Remains Optimistic for 2022
Swedish gambling company LeoVegas Group released its fourth-quarter and full-year 2021 results on Friday. LeoVegas Posts Q4 2021 Financial Results LeoVegas Group, the leading casino and sports gaming technology operator, released its fourth-quarter and full-year results for 2021. Last year, the company has seen revenue of €391 million ($446 million). This represents an increase of […]
Industry
February 11, 2022
UKGC Dismisses Inaccurate Report on Camelot and National Lottery
The UK Gambling Commission (UKGC) has denied rumors first announced by The Daily Telegraph that the regulator may have made up its mind who the next National Lottery concessionaire should be. Is Camelot Likely to Win the Bid? The media suggested that Camelot Group, the current operator, remains in the lead, but these rumors have been swiftly refuted […]