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.
Business
October 9, 2024
Legal Battle Over ‘Dragon Train’ Could Cost Light & Wonder Up to $150M
Light & Wonder Inc. (L&W) could lose at least $50 million because of legal issues with its “Dragon Train” slot game, experts say. Aristocrat Halts L&W’s ‘Dragon Train’ Sales Amid Costly Lawsuit Aristocrat Technologies Inc. started a lawsuit saying L&W’s game copies parts of Aristocrat’s popular “Dragon Link” series. In September, Aristocrat won a court […]
Sports
October 9, 2024
Hard Rock Open to Collaborate with DraftKings and FanDuel in Florida
Hard Rock International, the current leader in Florida’s regulated sports betting market, suggests it might team up with big names like DraftKings and FanDuel in the future. G2E Insights: Jim Allen Contemplates Alliances with Betting Giants DraftKings and FanDuel Jim Allen, who heads Hard Rock International and runs Seminole Gaming, dropped this hint while chatting at […]
Business
October 8, 2024
JPMorgan Acquires Stake in Australia’s Star Entertainment
JPMorgan Chase & Co. has bought a big chunk of Star Entertainment Group, an Australian casino company that is having money troubles. JPMorgan Buys 5.47% of Star Entertainment as Casino Operator Battles Regulatory Scrutiny A new report shows that JPMorgan now owns 5.47% of the company’s voting shares, which means it is getting more involved […]
Casino
October 8, 2024
Massachusetts Sheriff Takes Responsibility for DUI Arrest and Fallout
Hampden County Sheriff Nick Cocchi faced legal troubles and job-related fallout after cops arrested him on September 21, 2024, at MGM Springfield. Beloved Sheriff Nick Cocchi Charged with Drunk Driving at Casino Incident The beloved Massachusetts sheriff was charged with drunk driving after he drove a state-owned vehicle, which was missing a tire, to the […]
Casino
October 7, 2024
Online Slots Streamer Grim Takes Short Break After Losing $3M in One Night
Online gambling streamer Grim, who goes by GrimzYoutube, says he is taking a short break from streaming after losing $3 million in one night. Gambling Streamer Grim Pauses After $3M Loss on Roobet Grim often plays online slots on the crypto casino Roobet and shows his games on the Kick streaming platform. He told his […]
Industry
October 7, 2024
Study Reveals IRS Faces $1.5B Tax Loss Due to Unreported Gambling Winnings
A fresh study shows that many gamblers not reporting their winnings has led to the IRS missing out on almost $1.5 billion in taxes from 2018 to 2020. TIGTA Report Reveals Major Tax Shortfall as Thousands Fail to Report Gambling Winnings The Treasury Inspector General for Tax Administration (TIGTA) found that thousands of people did […]
Casino
October 4, 2024
Wichita and Affiliated Tribes to Transition to Solar Power with DOE Grant
The Wichita and Affiliated Tribes have shared their plans to switch to solar energy. They are making this move with the help of a $3.8 million grant from the US Department of Energy (DOE). Solar Project to Save $9M and Power Sugar Creek Casino and Hotel by 2025 This project has an impact on cutting […]
Industry
October 4, 2024
Massachusetts Launches Long-Awaited Problem Gambling Initiative
After delays spanning years, gaming officials in Massachusetts are moving forward with a data-gathering initiative that has been on hold for a long time. This project aims to tackle problem gambling. Massachusetts Gaming Commission: Progress on Key Responsible Gambling Project ‘Miraculous’ The project has run into many roadblocks from the start, like political issues and […]
Legal
October 3, 2024
BetMGM Faces Increased Scrutiny in Massachusetts Over Banned College Bets
BetMGM is under more scrutiny in Massachusetts after an audit showed more rule-breaking about banned sports bets. Massachusetts Probes BetMGM Over $200,000 in Prohibited NCAA Football Prop Bets The problems first reported earlier this year, are about over 15,000 prop bets on how NCAA football players did during the 2023 season. These bets’ handle reached […]
Sports
October 3, 2024
Brooklyn Man Pleads Guilty in Sports Betting Scheme Involving Jontay Porter
A man from Brooklyn has pleaded guilty in a sports betting scandal that had an impact on former NBA player Jontay Porter resulting in Porter’s permanent exclusion from the league earlier this year. Long Phi Pham Confesses to Wire Fraud Long Phi Pham also called Bruce Pham confessed in federal court to plotting to commit […]
