Business
January 8, 2021
Catena Appoints Göran Blomberg as Interim CEO
Catena Media’s search for its top job continues with trusted insiders stepping in to take the reins and preside over the company’s expansion push in 2021. Chairman Göran Blomberg has stepped in as an interim CEO as of Thursday. Blomberg Steps in as Interim CEO to Guide Catena Forth Catena Media has appointed Göran Blomberg […]
Business
January 8, 2021
Sheldon Adelson Takes Medical Leave of Absence from LVS
Sheldon Adelson has requested an official medical leave of absence as he addresses his non-Hodgkin’s lymphoma, a type of blood cancer. Adelson on the Mend, Takes Medical Leave of Absence Las Vegas Sands Chairman and CEO Sheldon Adelson has faced numerous challenges regarding his health of late. Recovering from non-Hodgkin’s lymphoma, the casino mogul made […]
Business
January 7, 2021
Kambi Issued Investor Update Pushing Up Q4 Expectations
The independent provider of sports betting technology and services to regulated markets world-wide Kambi Group issued yesterday a trading update ahead of its fourth quarter earnings report which will be released on February, 10, 2021. Q4 2020 Revenue Updated Upwards The operator noted that during the quarter a combination of favorable factors such as a […]
Business
January 7, 2021
Entain’s Bwin Holdings Tabled Cash Bid to Enlabs Shareholders
Global sports betting and gaming group Entain plc announced today its wholly-owned Malta-based subsidiary Bwin Holdings tabled a cash offer of SEK40 per share to shareholders of Enlabs AB. Bid Unanimously Recommended to Enlabs Shareholders The proposed bid which values Enlabs at around SEK2.8 billion was endorsed by the Independent Bid Committee of the Nasdaq […]
Business
January 7, 2021
Snow Lake Capital Urged MGM Resorts to Sell 20% in MGM China
MGM Resorts would achieve synergies and ensure a retendering of the MGM China concession in Macau if it sells a 20% stake from its Chinese subsidiary to a strategic partner from the internet or travel and leisure industries in China, Sean Ma, Founder and CEO of Snow Lake Capital investment fund wrote in a letter […]
Business
January 7, 2021
MGM Resorts Appoints Jonathan Halkyard as CFO
MGM Resorts has appointed Jonathan Halkyard to the position of Chief Financial Officer at a crucial time for the recovery of the company. New CFO Named at Crucial Time US leading gaming operator MGM Resorts International announced on January 6 the appointment of former Caesars Entertainment executive Jonathan Halkyard as its new Chief Financial Officer. […]
Business
January 7, 2021
Wynn Top Management Agree on 20% Salary Reduction for 3 Months
According to a filing by Wynn Resorts with the Securities and Exchange Commission earlier this week, three of the company’s top corporate executives agreed to take a 20% salary reduction. The salary reduction will be effective for three months starting January 1, 2021. Top Corporate Executives Agree on 20% Salary Reduction for 3 Months Three […]
Business
January 6, 2021
Peel Hunt: 888 Holdings Represents 2021 Growth Potential
Gibraltar-based online gambling group 888 Holdings was the only gambling industry representative to feature in a list of 41 stocks which the UK investment banking company Peel Hunt outlined for top growth in 2021. Growth Potential List Urged by the tumultuous financial 2020 due to the economy-wide knock-on effects of the coronavirus spread and the […]
Business
January 6, 2021
Betsafe Teams with Incentive Games to Offer Kenyans FTPs
Swedish gambling group Betsson AB teamed up with the innovation studio Incentive Games to develop a suite of free games for its Betsafe brand related to its recent launch in Kenya. Betsafe Kenya Live Since December Betsafe officially went live in Kenya in December 2020, determined to establish its presence among local sports fans, following […]
Business
January 6, 2021
IGT’s Cashless Wallet Solution Receives Approval in Nevada
IGT will be leading the cashless gaming era in Nevada after the company’s Resort Wallet cashless module received approval by the state regulator. The solution offers casino guests a cashless, effortless, and safe experience. IGT to Lead the Cashless Gaming Era in Nevada The global leader in gaming, International Game Technology PLC (IGT) announced on […]