Business
January 5, 2021
GiG Grants Key Managerial Staff 1.5M Share Options
Malta-based supplier of technology solutions for the gaming industry Gaming Innovation Group (GiG) issued a grant of 1.5 million share options for key employees, offering them the chance to buy equity in the company within the next 5 years. Employment at the Time of Exercise Options which are conditional upon employment at the time of […]
Business
January 5, 2021
UK’s New Lockdown Brings Hardships for the Gaming Industry
Due to the ongoing COVID-19 pandemic and a significant increase in positive COVID-19 cases, the UK entered into a new lockdown. The new measure ordered the closure of “non-essential” businesses and may last until mid-February. New Lockdown in UK Closes “Non-essential” Businesses In light of the ongoing pandemic, the UK rolled out additional restrictions aiming […]
Business
January 5, 2021
Penn National Hires Industry Analyst Felicia Hendrix as CFO
Penn National Gaming revealed that David Williams stepped down from his position as a CFO and Executive Vice President. The company announced that Mr. Williams’ position will be filled by the gaming industry analyst Felicia Hendrix. Penn National Hires the Services of Felicia Hendrix as CFO Gaming industry giant, Penn National Gaming, announced on Monday […]
Business
January 5, 2021
MGM Says Proposal for Merger with Entain on Table
After Entain’s confirmation, MGM Resorts International has now acknowledged publicly that it has indeed pitched a proposal for a merger with Entain, looking to consolidate the companies’ footprint globally and in the United States. MGM Confirms Proposal for Merger with Entain MGM Resorts International has confirmed that it has made a proposal to merge […]
Business
January 4, 2021
Finnplay Promotes Sari Aitokallio to Managing Director Role
Finnplay Technologies announced its founder Martin Prantner decided to step aside from his role as managing director and the online casino technology and services provider will replace him with Sari Aitokallio. “I welcome the opportunity to lead Finnplay into this next exciting stage in its development as a world-class supplier to our industry.” Sari Aitokallio, […]
Business
January 4, 2021
Paddy Power Becomes ITV Racing’s Live Fixtures Title Sponsor
ITV Racing and Paddy Power signed a deal to make the sports betting brand the new sponsor of the media’s live racing coverage effective January 1, 2021, ITV announced. The partnership also covers ITV’s magazine program, The Opening Show. Last year, ITV Sport announced it would maintain its exclusivity regarding free-to-air broadcasting of horse racing […]
Business
January 4, 2021
SJM Employees to Receive Living Subsidy Payment on January 6
SJM Holdings Limited revealed that some of its employees will be receiving a living subsidy bonus. The bonus payments will be done in two equal installments this month and in July. Eligible SJM Employees to Receive Living Subsidy Bonus SJM Holdings Limited, which is the holding company of Sociedade de Jogos de Macau, S.A. (“SJM”) […]
Business
January 4, 2021
New Hampshire Lottery Integrates IWG iLottery Game
Instant Win Gaming (IWG) has announced that the New Hampshire Lottery will integrate the company’s online jackpot-enabled games. Another Win for Instant Win Gaming Instant Win Gaming (IWG) has announced that New Hampshire has officially decided to integrate the company’s online jackpot-enabled games into its Lottery. IWG is a leading supplier of online instant win […]
Business
January 4, 2021
Entain Confirms MGM Resorts Proposal Rumor, Says It Undervalues Its Prospects
Entain has received two proposals from MGM Resorts in a bid to buy out the company. The company has requested more details from MGM as to the rationale behind the proposals. MGM Resorts Bids for Entain Are a Fact, Says Company Entain has followed up on a Wall Street Journal’s article detailing a bid by […]
Business
January 4, 2021
MGM Resorts Attempting to Buy Entain, Says WSJ
MGM Resorts has reportedly made an offer for Entain’s business that includes a substantial stock component, after the company previously rebuffed a $10 billion all-cash bid, Wall Street Journal has reported. Entain Reportedly in Acquisition Talks with MGM Resorts MGM Resorts is looking to buy out Ladbrokes owner Entain, the company which recently rebranded from […]