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Business
May 11, 2020
Oklahoma Tribal Conflict Deepens with DOI Decision Pending
Five months into 2020, Gov. Kevin Stitt of Oklahoma and the state’s tribes have not reached a consensus about gaming compacts. Gov. Stitt has found new allies in two tribes and opposing the tribes have received help from Attorney General Mike Hunter. The US Department of the Interior is stepping in to settle the conflict. […]
Business
May 7, 2020
True Lab Becomes Latest YG Masters Signee
Back in 2018, leading iGaming provider Yggdrasil announced the arrival of YG Master, it’s content curating platform enabling select partners to benefit from next-generation tools leading to high customization, player retention, and better market penetration Today, Yggdrasil revealed the name of a new developer, emerging blockchain and gaming company True Lab, as the latest entry […]
Business
May 6, 2020
Mohegan Gaming Ready to Continue with IR Bid in Greece
MGE assures that the company is ready to continue with the IR project aimed at transforming the area around Athens’ airport. Mohegan Gaming Ready to Go as Planned for the IR in Athens Mohegan Gaming and Entertainment (MGE) announced this Monday that the company is ready to go ahead as planned for the integrated resort […]
Business
May 6, 2020
LeoVegas Shows Resilience, Financial Results Q1, 2020 Intact
LeoVegas continues to show resilience in the online gambling vertical, having registered growth in operations for Q1, 2020. The company posted a 4% stronger revenue for the first three months of the year, reaching $96.55* million compared to $93.20 million in 2019. While sports betting took a hit and led a 9% drop in the […]
Business
May 5, 2020
Newgioco Will Re-Open Its Retail Business, PPE for Staff and Clients
Italian sports betting and gaming technology company Newgioco Group announced it would start re-opening its retail outlets across the country, after the national government eased the country-wide lockdown order starting Monday, May 4. Back in March, Italy became the first country in the world to issue a state-wide lockdown order as an enforcement measure on […]
Business
May 4, 2020
Kiron Signs Content Deal with Microgame for the Italian Market
Sport content company Kiron Interactive has further strengthened its position on the Italian market with the partnership deal it has signed with leading gaming service provider Microgame. The new strategic alliance will allow the virtual game producer company to roll out most of its content on the platform of one of the leading betting services […]
Business
May 3, 2020
CDI Reported Q1 Revenue Drop, Re-Opening of Churchill Downs Racetrack in Sight
Churchill Downs Incorporated /CDI/ has recently released its first quarter financial report posting net revenue of $252.9 million, down 5% compared to Q1 in 2019. The company posted net loss for the quarter to the extent of $23.4 million, in total contrast with the $11.6 million profit generated the year before. Adjusted earnings before interest, […]
Business
May 3, 2020
MGM Resorts Continues with Osaka IR bid in Japan
MGM Resorts CEO Bill Hornbuckle noted that the company is proceeding as planned for its Osaka IR bid in Japan. Hornbuckle calls the Asian market a “huge upside for the company”. MGM Resorts Follows Their Plan for the IR bid in Japan Bill Hornbuckle, CEO of MGM Resorts, confirmed that the company is still going […]
Business
May 2, 2020
Sports Betting in Colorado Went Live as Planned, Waiting for Sport to Restart to Show Its Hand
Last week the long-awaited launch of sports betting in Colorado became official, after the Colorado Limited Gaming Control Commission put all efforts, including holding special meetings to approve new licenses, to meet its predefined schedule date May 1. DraftKings and FanDuel Among the First Sports betting in the state became legal November 2019, when the […]
Business
May 2, 2020
GVC Announces Temporary Pay Cuts, Execs Forego Bonuses
Sports betting giant GVC has implemented payment reduction and bonus cuts for the company’s high-ranking employees in a bid to help it pull through the COVID-19 outbreak. GVC Execs Opt Out of Bonuses to Support the Company GVC has announced pay cuts for high-ranking staff members. The measures will affect everyone up the command chain, […]