Silvia Pavlof's latest articles
Silvia Pavlof
WriterAn expert in industry analysis, Silvia closely tracks global mergers, acquisitions, and transitions in corporate strategy. She investigates market consolidation and competitive dynamics. Her sharp financial insights help executives and investors decode complex structural shifts, empowering them to navigate high-stakes deals and capitalize on emerging industry trends worldwide.
Industry
September 14, 2023
Brazil’s Parliament Passes Sports Betting and Online Gambling Bill
Brazil’s lower house of Parliament approved a bill on September 13 aimed at regulating sports betting and online gambling. The bill, which also encompasses virtual casinos, is now headed to the Senate for further deliberation. Brazilian Legislation Sets 18% Tax on Online Betting Revenue The bill proposes an 18% tax on the net revenue generated […]
Sports
September 13, 2023
NCAA Denies Iowa Defensive Lineman Noah Shannon’s Appeal
In a disappointing turn of events for the Iowa Hawkeyes, the NCAA has rejected defensive lineman Noah Shannon‘s appeal for a season-long suspension related to his involvement in sports wagering, as announced by Head Coach Kirk Ferentz on September 12. NCAA Ends Shannon’s Stellar College Football Career Shannon, a senior hailing from Aurora, Illinois, who […]
Industry
September 13, 2023
AGA Reveals High Awareness, Low Engagement in Responsible Gambling
However, a closer examination reveals that this awareness is not translating into widespread engagement with these tools, posing a significant challenge to industry stakeholders. DeBaun Shares Insights on Elevating Responsible Gaming Cait DeBaun, the AGA’s vice president for strategic communications and responsibility, shared these findings during an iGB-sponsored webinar titled “Elevating responsible gaming: How the […]
Industry
September 12, 2023
MGM Resorts Hit by Unprecedented Cybersecurity Issue
MGM Resorts International, one of the leading casino and hotel chains in the United States, has been rocked by a significant “cybersecurity issue” that prompted the shutdown of various computer systems across its properties. MGM Resorts Faces Major Cybersecurity Crisis, Impacting Multiple States The incident, which began on September 10, has rattled the hospitality and […]
Industry
September 12, 2023
Study Reveals Link Between Gambling Addiction and Suicides in Victoria
A recent study analyzing coroner’s court data has uncovered a disturbing link between gambling addiction and suicides in Victoria, Australia. Over an eight-year period, gambling addiction was identified as a contributing factor in 184 suicides, with the majority of cases involving men aged between 17 and 44. Calls for Immediate Gambling Ad Ban Emerge as […]
Casino
September 11, 2023
Crown Resorts Introduces Innovative Premium Player Program
In a bold move aimed at revitalizing its image and attracting both local and international players, Crown Resorts has unveiled a new Premium Player Program at the Crown Melbourne and Crown Sydney casinos. The initiative, which notably excludes Crown Perth, marks a significant step in the company’s efforts to regain its footing in the wake […]
Casino
September 11, 2023
Former Gun Lake Casino Employee Faces Federal Theft Charges
Jordan Lewis Cook, a former Gun Lake Casino employee responsible for maintaining and unclogging the casino’s cash-out machines, has confessed to stealing over $84,500 in cash over a span of 14 months. The Casino Worker to Return $84,564 Stolen from Indian Tribal Organization The federal charge against Cook is for theft from an Indian Tribal […]
Casino
September 8, 2023
Playtech CEO Calls Out Competitors for Unregulated Markets Ventures
The CEO of Playtech, Mor Weizer, has criticized publicly listed rivals for conducting business in what he referred to as “black markets.” In a recent interview for the Evening Standard, Weizer expressed his frustration with highly valued companies that, despite seeing substantial revenue growth and soaring share prices, operate in countries where online gambling is […]
Industry
September 8, 2023
Konquer Forges Path to North American iGaming with Galaxy Gaming
Galaxy Gaming Inc., a prominent developer and distributor of casino table games and technology, has entered into a licensing agreement with Konquer, a relatively new player in the industry. Galaxy Gaming CEO Todd Cravens Excited as Konquer Takes Galaxy Titles Online Under this agreement, Konquer, founded by former DraftKings employees Ashford Kneitel and Aditya Singh, […]
Legal
September 7, 2023
Wynn Resorts Settles Sexual Harassment Suit with Salon Workers
Wynn Resorts Ltd. has come to a settlement agreement with nine anonymous women who had filed a sexual harassment lawsuit against the company in 2019, reported The Las Vegas Review-Journal. Sexual Harassment Allegations Shook Wynn Resorts The lawsuit, initially brought forward in 2019, saw nine women who worked as salon staff at Wynn Resorts making […]
