Industry
May 17, 2022
Wynn and MGM China Found Jointly Liable in Nine VIP Room Cases
The Court of Final Appeal in Macau has decided that MGM China and Wynn Macau share liability in nine cases related to lost deposits at VIP rooms. The nine cases were recorded at Dore Entertainment Co LTD’s VIP room and the former VIP room belonging to Sun City Gaming Promotions Co LTD located at an […]
Business
May 17, 2022
Strive Gaming Brings Andrew Holmes as COO
Strive Gaming has appointed Andrew Holmes as the new chief operating officer. Holmes brings along with him more than 20 years of experience working in various aspects of finance, banking, eCommerce, and B2C gaming, making him a great fit for the company. His “considerable industry knowledge” will be well used by Strive Gaming which will […]
Industry
May 17, 2022
Law Will Allow Macau to Alter Casino GGR Requirements
Macau’s gaming laws have been the main topic of discussion in the recent period and now, it has been revealed that the government of this special administrative region will have the power to alter the minimum required GGR that concessionaires need to reach based on economic conditions. Macau’s Gaming Law is Facing Several Amendments Apart […]
Industry
May 17, 2022
Rhodes Discussed Affordability and the Black Market
Andrew Rhodes, the new chief executive officer of Britain’s Gambling Commission, says that affordability should be the priority. According to him, there is a balance to be found between engaging play and safe gambling. Affordability Is the Priority In light of the current Gambling Act review, Rhodes believes that the UKGC and its licensees must […]
Industry
May 17, 2022
Carolina Panthers’ Owner Invested in Las Vegas Sands and Wynn Resorts
David Tepper, the owner of the Carolina Panthers, expanded the equity portfolio of Appaloosa Management, his personal hedge fund. The NFL franchise owner invested in two gambling companies, namely Las Vegas Sands and Wynn Resorts. Appaloosa Expects the Share Prices to Go Up Tepper’s investments in Sands and Wynn Resorts were the only new equity […]
Casino
May 17, 2022
FanDuel Brings Asaf Noifeld to Spearhead Casino Operations
FanDuel has brought on Asaf Noifeld, a former PokerStars executive, in the position of managing director of casino. Noifeld will be in charge of FanDuel’s interactive casino business which will be expanding next, following the company’s successes across the sports betting vertical. New Opportunities for FanDuel FanDuel does maintain a healthy interactive gaming product which […]
Casino
May 17, 2022
New Jersey Casinos Beat Pre-Pandemic Revenue in April
The April results for New Jersey’s casino and sports betting are in with gambling properties accumulating a total of $422 million or a 20% increase year-over-year. Results were strong both across the land-based and interactive verticals with in-person gambler numbers also increasing significantly, better than the 2019’s April levels as a matter of fact. April […]
Industry
May 16, 2022
OlyBet Reinforces Portfolio with Ezugi Live Casino Content
Ezugi, an Evolution Group-owned live casino provider, has expanded its footprint in Europe through a new deal. The supplier will work together with OlyBet, a Baltic-oriented sports betting and casino operator. OlyBet Adds Ezugi Content As per the deal, Ezugi will power OlyBet with its proprietary live casino content. This will include some of the […]
Legal
May 16, 2022
Lithuania’s Authority Fined 7bet for Tempting Users
Amber Gaming has received a fine for breaching Lithuania’s regulations through its 7bet brand. Amber Gaming’s Subsidiary Tempted Players Lithuania’s regulator, the Gambling Supervisory Authority, accused Amber Gaming of breaching some of the recently introduced laws on marketing advertisement. According to the authority, the gambling company has uploaded online content that didn’t correspond to […]
Industry
May 16, 2022
The AGCO Allows DraftKings to Launch in Ontario
DraftKings, an American fantasy sports and sports betting company, has successfully received approval to launch in Ontario. The operator is one of the few to receive a two-year license. DraftKings to Launch in Ontario Shortly after Ontario announced its plans to launch a regulated sports betting and iGaming market, it quickly became one of the […]
