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Business News and Headlines
Business
February 3, 2022
NGCB Approves Sales of Las Vegas Sands Properties to Apollo Global
Apollo Global Management is a step closer to returning to the Las Vegas Strip. The global investment firm has been targeting the gaming industry for years, but previous access to the Las Vegas casino scene didn’t go well. Apollo is working on a deal with Las Vegas Sands (LVS) to purchase three of the latter’s […]
Business
February 3, 2022
CNMI to Vote on Imperial Pacific’s Saipan Casino License in March
The Commonwealth Casino Commission (CCC) of the Commonwealth of Northern Mariana Islands (CNMI) will hold hearings next month. During these gatherings, a decision on whether to revoke the exclusive casino license held by Imperial Pacific International (IPI) for Saipan will be made. However, a public threat made by IPI officials this week could influence that […]
Business
February 3, 2022
Tasmania Casino Operator Refuses to Give In as Hackers Attack
According to Federal Group, the Australian casino operator, was the victim of cyberattacks twice last year. The attack shut down gaming machines and caused millions of dollars in revenue loss and recovery costs. The company refused to give in to the demands, exacerbating the situation. After suffering the worst year in two decades, it’s now […]
Business
February 2, 2022
Elys Game Technology Approved for DC Sports Betting Expansion
Elys Game Technology, Toronto-based interactive gaming and sports betting tech firm, announced today the DC Office of Lottery and Gaming, Regulation and Oversight Division approved the company’s Grand Central Restaurant and Sportsbook in Washington for operation expansion. Expanding Sports Betting Operation The new approval granted by the DC regulator will allow Nasdaq-listed Elys to increase […]
Business
February 2, 2022
FBMDS and EveryMatrix Sign a Strategic Content Deal
The gambling games provider FBM Digital Systems continues its foray into online gambling by inking a partnership deal with the iGaming software provider EveryMatrix. FBM Doubles Down on iGaming with an EveryMatrix Deal As per the agreement, FBM will launch on the EveryMatrix platform in all regions where it’s operational. Thanks to the latter company’s […]
Business
February 2, 2022
Playtech Shareholders Leave Aristocrat Empty-Handed
Playtech announced today the £2.1 billion ($2.85 billion) bid Australian slot manufacturer Aristocrat tabled in October last year failed to gather the required shareholder approval and has been terminated while the proposed acquisition scheme will now lapse. Vote Failed to Pass Threshold The majority of Playtech shareholders voted in favor of the proposal at the […]
Business
February 2, 2022
DraftKings Strengthens Media Team with Two Media Heavyweights
The American daily fantasy sports contest and sports betting company DraftKings has bolstered its media team with two media industry heavyweights. DraftKings Adds Two Veterans to Its Media Team The two new members who will be responsible for the gambling operator’s media endeavors are Stacie McCollum who will be DraftKings’ new head of programming and […]
Business
February 2, 2022
Internet Vikings Expands Canadian Presence with Ontario Launch
Internet Vikings, a Sweden-based global iGaming hosting provider, has entered the Ontario iGaming market, expanding its presence in Canada. Internet Vikings Secures a License Ahead of Market Launch The provider has secured this entry right on time as Ontario plans to soon launch its regulated iGaming market. The Canadian province opened for applications starting September […]
Business
February 2, 2022
Lara Falzon Is Appointed as New President and COO of Bragg Gaming Group
Bragg Gaming Group has officially announced its new president and chief operating officer. The role will be taken by Lara Falzon, who’s been a member of the company’s board of directors since March 2021. With this appointment, Falzon will help Bragg Gaming Group execute its growth strategies. Bragg Looks Forward to Capitalizing on Falzon’s Knowledge The company […]
Business
February 2, 2022
MGM Resorts’ New MGM Rewards Program is Now Live
MGM Resorts International has fulfilled a mission it first announced last month. It has launched MGM Rewards, its new loyalty rewards program. This will be the first time that non-gaming and gaming members can earn MGM Rewards points on a single platform. The points can be used to redeem for free dining, entertainment and hotel […]