Saturday, July 2
Fiona Simmons's latest articles
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Industry

Best-Selling Author and Poker Player Maria Konnikova: Question Your Decisions and Focus on the Process

John von Neumann’s work on game theory sparked Konnikova’s interest towards poker, which she describes as a way to examine the mind’s responses to conditions that include both skill and chance. Konnikova is not a fan of casinos and gambling. The Decision-Making Process Is Key In her newest book, The Biggest Bluff, New Yorker writer, […]
Best-Selling Author and Poker Player Maria Konnikova: Question Your Decisions and Focus on the Process
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Industry

GGpoker To Target Female Audience Following Backlash Against Dan Bilzerian’s Ambassador Signing

The recent announcement that Dan Bilzerian will represent GGPoker sparked controversy about the message the brand will convey to players. Bilzerian is known for his lavish lifestyle on luxurious resorts and yachts surrounded by young bikini-clad models. GGPoker to Take On a More Inclusive Approach GGPoker announced it is planning to “outreach to female players” […]
GGpoker To Target Female Audience Following Backlash Against Dan Bilzerian’s Ambassador Signing
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Industry

Sportradar Reshuffles Global Structure to Enhance Growth

Sportradar will undergo a company-wide reorganization of its operations in order to take on a more regionalized approach that will boost future growth New Structure Will Allow for Closer Connection With Regional Customers Sports data intelligence provider Sportradar has announced major changes to its global executive team in search of a more regionalized approach. The […]
Sportradar Reshuffles Global Structure to Enhance Growth
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Legal

Swedish Regulator Fines Spooniker and ATG Over Deposit Cap

Sweden’s regulator Spelinspektionen has ruled that Spooniker and ATG have breached the temporary player protection restrictions applied since the start of the pandemic. The decision says both online gambling regulators have failed to close a loophole allowing players to deposit money over the SEK5,000 online gaming limit. Players Used a Loophole to Play With Full […]
Swedish Regulator Fines Spooniker and ATG Over Deposit Cap
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Industry

Gaming Realms Forecasts 55% Rise in Revenue in 2020

Following a strong first half of 2020 due to increased online activity, Gaming Realms has predicted at least a 55% increase in revenue to £10.7m for the whole year. The announcement boosted the company’s shares by 3% in early trading. Performance Remains Strong in 2H2020 Real-money mobile gaming provider Gaming Realms expects to report a […]
Gaming Realms Forecasts 55% Rise in Revenue in 2020
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Industry

Lottery, Gambling and Betting Are Taxable, Supreme Court of India Rules

The Supreme Court of India issued a decision regarding the petition filed by Skill Lotto Solutions questioning the definition of goods and claiming that the levy of tax on the lottery is discriminatory and against the constitution. The judgment did not find any grounds for such claims and ruled that the imposition of tax on […]
Lottery, Gambling and Betting Are Taxable, Supreme Court of India Rules
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Industry

Scientific Games Supports Campaign Against Child Lottery Play

For another year in a row, Scientific Games is joining its industry peers in a campaign to raise awareness about the risks of child lottery play and to discourage adults from giving lottery tickets as presents to the underaged. Lottery Play Poses a Threat to Children, a Research Finds Out Gaming and lottery supplier Scientific […]
Scientific Games Supports Campaign Against Child Lottery Play
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Industry

Stefan Lundborg Resigns From Kindred Due To Insider Crime Investigation

Stefan Lundborg is leaving his position as а non-executive director at Kindred Group after he became a subject of investigation for insider crime launched by the Swedish Economic Crime Authority (SECA) Stefan Lundborg is Subject to Investigation for Inside Crime by SECA Kindred Group has informed the public in a press release about the resignation […]
Stefan Lundborg Resigns From Kindred Due To Insider Crime Investigation
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Industry

MGM Resorts and MGM Growth Properties Announce Redemption of $700 Million Partnership Units

MGM Resorts had $700 million as part of its agreement with MGP to exchange $1.4 billion of the MGP Operating Partnership units owned by MGM Resorts for cash by February 2022. MGM Resorts Left with 53% Stake in MGM Growth Properties On Wednesday, MGM Resorts announced it has reduced its ownership stake in its real […]
MGM Resorts and MGM Growth Properties Announce Redemption of $700 Million Partnership Units
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Industry

Atlantic City’s Rating by Moody’s Remains at Ba3, Outlook Shifts to Positive

Moody’s has put on hold the issuer’s rating of Atlantic City due to the unstable economic situation, increased governance and social risk, as well as income inequality. Despite the ongoing challenges, its outlook has been improved due to the city’s casino property taxes programme, the growth in online gambling and the city’s continued efforts for […]
Atlantic City’s Rating by Moody’s Remains at Ba3, Outlook Shifts to Positive