Casino
February 14, 2023
Stakelogic Live Launches Content with BetVictor in the United Kingdom
The two companies are ready to take the live dealer content offering to the next level, as they said in a press release. Both BetVictor, as an operator, and Stakelogic Live as a supplier of innovative products, are excited at the opportunity. Stakelogic Live will be able to bring online its entire portfolio of Live […]
Casino
February 14, 2023
Endeavour Group CEO Positive on Cashless Gambling for Poker Machines
The Sydney Morning Herald reported that according to Donohue, the recent regulatory changes regarding cashless gambling in Australia are a natural progression for the industry. Endeavor CEO Sees Cashless Gaming as a Natural Progression The CEO of Endeavour stated that the gambling industry has undergone several regulatory reforms in the past and the changes ahead […]
Industry
February 13, 2023
NorthStar Gaming Received Playtech Investment of C$12.25m
Canadian sports betting company NorthStar Gaming announced it has received a strategic investment of C$12.25 million ($9.19 million) from Playtech by way of a convertible debenture loan. Accelerate Growth, Expand User Base The funds provided by Playtech completed the concurrent financing NorthStar Gaming needs in connection with its reverse takeover of Baden Resources. Once the […]
Legal
February 13, 2023
Danish Gambling Authority Scores Win Against Illegal Bingo Operator
The executive authority that is busy guaranteeing the protection of Danish gamblers against illegal and unfair forms of gambling first discovered the unnamed gambling operator’s illegal services in 2019. The Operator Breached the Danish Gambling Monopoly Rules Supervised by the Danish Ministry of Taxation, Spillemyndigheden found that the respective company was offering illegal games of […]
Casino
February 13, 2023
Atlantic City Casinos Tax Break Still in the Air
New Jersey is now appealing the Court’s most recent ruling in favor of Atlantic County and nonprofit Liberty and Prosperity 1776. The ongoing dispute has raised accusations of preferential treatment and depriving local communities of much-needed income. With millions on the line, each side will fight to the end to secure what they believe is […]
Business
February 13, 2023
Bally’s Corporation Says Robeson Reeves to Replace Lee Fenton as CEO
The global casino-entertainment company with a constantly growing offering of sports betting and iGaming products has announced its current chief executive officer Lee Fenton will be replaced by its interactive department president – Reeves. Fenton Will Also Leave Bally’s Board of Directors The decision will come into effect starting March 31, 2023. Besides stepping down […]
Business
February 13, 2023
Preliminary Results Predict 1% Revenue Drop for The Star in H1 FY23
The operator released its unaudited results for H1 FY23, revealing strong performance but an overall drop in revenue. The Star explained that for H1 FY23, the domestic revenue of The Star Gold Coast increased by 30% when compared to the corresponding period pre-COVID or H1, FY19. This result marked an achievement for the company as […]
Legal
February 13, 2023
UKGC Vows to Strike Balance in Introduction of Affordability Checks
The topic of how these checks have affected gamblers and the industry overall has been making headlines for weeks now. There were many stories where punters were being required to submit personal financial information, and some were so reluctant, they claim they’d rather turn to the black market. Confusion Around Affordability Checks Andrew Rhodes is […]
Industry
February 13, 2023
Western Sydney Oversaturated with EGMs, Says New Report
The research by Western Sydney University probed into the gambling operations in Sydney, calling the activities a “silent epidemic” for the Western Sydney region. The study, titled “Paying the Price: Gambling-Related Harm in Western Sydney” uncovered that the impact of gambling-related harm is evident in Western Sydney. It said that although the region contains only […]
Business
February 13, 2023
FanDuel Is on Annual Profitability Path in 2023 Says CEO
In an interview for Bloomberg Television, Howe expressed her optimism about the company’s future and emphasized the robustness of the company’s operations. FanDuel Expects 17 million Bets on the Super Bowl FanDuel CEO Amy Howe expressed her confidence that this year will mark a turning point for her company: We feel very confident about our […]
