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Business
May 21, 2019
IGT Posts Strong Q1 in 2019, Earnings Call reveals
IGT registers $103.2 million in net profits Q1, 2019 results strong despite drop in revenue Slots shipment goes up 20 per cent in the first three months of 2019 IGT’s profit over Q1, 2019 has reached a decent performance despite steady debt and a drop in installations of slot machines. IGT’s Net Profit Grows International […]
Business
May 19, 2019
Groupe Barrière Prepares to Invest $2.5bn in IR
Groupe Barrière prepares to invest $2.5 billion in Japanese IR Osaka and Wakayama prefectures shortlisted for hosting the resort More US brands coming to Asia European casino company Groupe Barrière has emerged as one of the latest investors in the future Japanese Integrate Resort (IR) voted and approved by the Government of Japanese Prime Minister […]
Business
May 14, 2019
Suncity Enters Hoiana IR as Exclusive F&B Company
Suncity becomes exclusive Hoiana F&B caterer The company operates in the IR via a subsidiary Asia’s pull for gambling venues grows stronger The largest Asian junket operator, Suncity Group, is heading into a Vietnam to manage an integrated resort, the group has announced. Suncity Group Joins the Vietnamese Market Suncity Group Holdings Ltd has revealed […]
Business
May 13, 2019
APE to Introduce new EGM Games at G2E Asia
Asian Pioneer takes a hit in Q1 results The company will debut new EGM games APE is looking to expand in the SEA region Amid an improving business environment for Macau’s gambling operators, Asian Pioneer Entertainment (APE) is bringing even more innovation to the table with new electronic gaming equipment and games. Asian Pioneer Introduces […]
Business
May 12, 2019
Wynn Resorts VIP Revenue Slows Down in Macau
Macau’s GGR continues to consolidate month in and month among falling revenues for Las Vegas brands. Wynn Resorts has been caught in the latest profit nosedive. The VIP segment has been affected the most. Wynn Resorts Posts Weaker VIP Q1 Results Wynn Resorts first-quarter figures didn’t reach their targets, the Las Vegas casino operator reported […]
Business
May 9, 2019
FOX Launches Betting Platform with The Stars Group
FOX buys 4.99% in TSG The companies will launch FOX Bet FOX could purchase up to 50% in TSG Rupert Murdoch’s media giant group FOX has purchased a 4.99% stake in The Stars Group and is now rolling out a sports betting platform. FOX Buys 4.99% in TSG – Sports Betting Arrives Fox. Corp. has […]
Business
May 7, 2019
Colorado Sends Sports Betting Bill to Governor
Colorado’s sports betting bill HB19-1327 awaits governmental signature 10% Gross Revenue to go to the State Fund Operators would need to foot the bill for the new Gaming Control Commission The Colorado’s Senate has cleared HB19-1327 and is now sending it to the office of Governor Jared Polis who has to give his final approval […]
Business
May 3, 2019
NeoPollard Asks DOJ to Rule on Wire Act Lottery Vendors
NeoPollard demands that the DOJ removes iLottery vendors from the ambit of the Wire Act No definitive law exempts vendors from fault, the company argues DOJ needs to specify its stance on iLotteries and the Wire Act Opinion NeoPollard has directed criticism against the Department of Justice (DOJ) over the uncertainty now marring business prospects. […]
Business
May 3, 2019
Caesars to Consolidate Sports Betting Business
Caesars hits 1Q 2019 targets The corporation plans to expand in sports betting Comp points slashed for loyalty customers amid wage increase for staff Caesars Entertainment Corporation’s 1Q 2019 Earnings Call came with an ambitious outlook. The company’s development strategy moving forward would feature expansion across sports betting. While the earnings call reflected the opinions […]
Business
April 30, 2019
Kambi and William Hill to Work on Sports Betting in Sweden
Kambi strikes new partnership with William Hill for Sweden William Hill to rebrand Redbet.se into WilliamHill.se MRG deal yet to be finalized Amid soaring first quarter results, Kambi has struck a new partnership to power William Hill’s sports betting platform in the newly-regulated Swedish market. Kambi’s Financial Performance Grows Kambi’s financial performance soared in the […]