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Business News and Headlines
Business
November 25, 2020
Philippine Gross Gaming Revenue Increases by 600% in Q3 2020
In the third quarter of 2020, PAGCOR’s GGR increased significantly when compared to Q2 2020. However, a year-on-year comparison for Q3 reveals a decrease of 70% in gaming revenue. PAGCOR Q3 GGR Increases from Q2 2020 Earlier this week, the Philippine Amusement and Gaming Corporation (PAGCOR) revealed the latest numbers outlining the gross gaming revenue […]

Business
November 25, 2020
Bankruptcy Court Approves the Las Vegas Monorail Sale
The sale of the Las Vegas Monorail to the Las Vegas Convention and Visitors Authority (LVCVA) was approved by a judge Tuesday, enabling the tourism authority to acquire the elevated transit system. LVCVA Approved the Monorail Purchase In September, the LVCVA approved the $24.26 million purchase of the 3.9-mile train system from the not-for-profit Las […]

Business
November 25, 2020
GiG Gets License to Carry WSN Sports Betting Operations in Michigan
GiG said on Monday it has secured a sports betting license in Michigan for its affiliate website WSN.com. GiG’s flagship sports news brand will now operate in 10 states across the US. WSN Now Licensed in 10 US States Sports betting technology provider Gaming Innovation Group (GiG) announced on November 23 that it has successfully […]

Business
November 25, 2020
Burgundy Calls Apollo’s $2.5bn Great Canadian Bid Opportunistic
Apollo Global Management Inc may not be offering enough as part of its C$2.5 billion takeover bid for Great Canadian Gaming Corp. Or at least this is what one of the shareholders thinks, as they have opted to hold onto their shares in Great Canadian, Bloomberg reported. Burgundy Asset Management Ltd, one of the major […]

Business
November 25, 2020
GVC Appoints Dr Mark Griffiths to Lead Consumer Protection
GVC is tapping into the talent of Dr. Mark Griffiths, a behavioral specialist with over 30 years of experience, to spearhead the company’s responsible gambling practices. Dr Mark Griffiths Steps in as Online Addiction Specialist for GVC GVC Holdings’ position on responsible gambling and consumer protection has only been improving, with the company now […]

Business
November 25, 2020
Scientific Games to Sell 600 TwinStar VLTs to WCLC
Scientific Games announced on November 23 it has reached an agreement for the sale of 600 TwinStar VLTs to Western Canada Lottery, with delivery expected by the end of 2020. First-Class Gaming Experience Gaming technology supplier Scientific Games Corporation (SC) and Western Canada Lottery Corporation (WCLC) announced on Monday that they have entered a deal […]

Business
November 24, 2020
Bally’s Secures Market Access in Iowa via Grand Falls Casino
Bally’s Corporation and Elite Casino Resorts entered into a multi-year partnership deal, the Rhode Island-based casino operator announced today. Bally’s is acquiring market access for mobile sports betting under the license of Grand Falls Casino and Golf Resort in Larchwood, Iowa, operated by Elite. First State with No Physical Gaming Facility The new partnership is […]

Business
November 24, 2020
Greentube Expands Responsible Gaming Solution Across Spanish Market
Greentube announced that Neccton’s responsible gaming solution Mentor will be launched for the brand StarVegas in Spain. Following the successful launch of the responsible gaming tool in the UK, Greentube announced that Mentor will enter more markets soon. Neccton’s Responsible Gaming Solution to Launch for Spanish Market Greentube, the NOVOMATIC Interactive division, is looking to […]

Business
November 23, 2020
Circle Eight Games Joins Yggdrasil’s YG Masters
Independent game studio Circle Eight Games announced on November 23 that it has joined Yggdrasil’s program YG Masters. GATI Tech Boosts YG Masters’ Growth US-based game studio Circle Eight Games just signed up with leading iGaming supplier Yggdrasil’s content platform YG Masters and will have access to its GATI technology (Game Adaptation Tools and Interface) […]

Business
November 23, 2020
Harper Ko Replaces Carl Sottosanti at Penn National Gaming
Casino operator Penn National Gaming (PNG) announced last week the company’s Executive Vice President, General Counsel and Secretary Carl Sottosanti would retire from his position effective December 31, 2020. To replace him, PNG is appointing Harper Ko, who will serve as Executive Vice President, Chief Legal Officer and Secretary, pending regulatory approvals. The New Addition […]
