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Business News and Headlines
Business
December 22, 2021
Wynn Macau to Break Off Marriage with Junkets
Earlier this year, Wynn Resorts announced that it was likely going to put some distance between its Wynn Macau arm and junket operators. Following the drama surrounding Suncity Group over the past month, the casino operator is ready to fulfill that statement. Junket Ops Dying in Macau Linda Chen, the vice-chairman and chief operating officer […]
Business
December 22, 2021
Royal Caribbean Kicks Smoking Out of Cruise Ships’ Casinos
Royal Caribbean is hoping it can avoid further losses at the hands of COVID-19. In an effort to ensure masks are worn at all times on its ships, the company is implementing a no-smoking policy on its casino floors for all of its vessels. The new rule will come into effect in January. The Smoking […]
Business
December 21, 2021
Voxbet Funding Round Attracted Waterhouse and Tekkorp Capital
Investor interest in sports betting technology companies continues to be high after the strategic funding round at voice-to-text software developer Voxbet saw prominent names like Tom Waterhouse and Matt Davey participate. ‘Their Credentials Leapt off the Page’ Voxbet’s funding round attracted a group of international investors, including Waterhouse VC investment fund’s chief information officer Tom […]
Business
December 21, 2021
Evolution Adds Three Live Casino Tables to Austrian Lotteries
Evolution is consolidating its presence in Austria through a new partnership with the Austrian Lotteries brand, win2day, by adding three dedicated live casino tables to the website’s casino offer. As a result, win2day will receive a roulette and two blackjack tables that will all have the latest Evolution technology imbued in them. From Live Casino […]
Business
December 21, 2021
Bet365 to Offer Online Sportsbook in Colorado Following Licensure
British online gaming operator bet365 is ready to take on Colorado’s online gaming market. The company was approved last Thursday by the state’s Limited Gaming Control Commission (LGCC) to provide online sports betting, but a period of adjustment will be needed. No launch date has been announced. bet365 Extends US Reach Via Colorado The bet365 […]
Business
December 20, 2021
Women in Racing Receives Further Support from Kindred Group
Kindred Group announced on Monday that it extended its funding toward the “Racing Home” project. The project that is supported by Kindred in collaboration with Women in Racing aims to raise awareness of the challenges working mothers face within the horse racing industry. Kindred Extends Its Support for Women in Racing By expanding the funding, […]
Business
December 20, 2021
Kindred’s Share Buy-Back Program Returned SEK600M to Shareholders
A buy-back program initiated at Kindred Group in July this year with the purpose to return excess cash to shareholders is now complete, announced today the gaming operator. Share Buy-Back Program Complete Kindred Group said it repurchased a total of 942,000 shares/SDRs in the period December 1-17, 2021 within the buy-back program the Board of […]
Business
December 20, 2021
Sportradar Partners With the FIH to Distribute Sports Betting Data
Sportradar enters a multi-year partnership with the International Hockey Federation (FIH) and in doing so, the company has expanded its portfolio of partners in the sports betting sector. With the deal, Sportradar will be able to collect and distribute data on sports betting from IHF’s active events, which totals around 300 matches annually. This development […]
Business
December 20, 2021
ParlayBay Secures Ellmount Group as First Operator Partner
ParlayBay, a newly set-up developer and supplier of sports betting games, has announced its inaugural partnership with an operator company. The company is teaming up with Ellmount Group in a bid to secure an entry into the sports and iGaming verticals, and ParlayBay’s products will be introduced throughout the group’s portfolio of brands. ParlayBay’s STREAK, […]
Business
December 20, 2021
Michigan Movie Theater Adds Sports Betting Lounge
Sports betting continues to become more commonplace around the US, and Emagine Entertainment wants to push it forward. The movie theater company is thinking outside the box and plans on opening a sports lounge at one of its Michigan venues. If it succeeds, the idea will likely be mirrored across the country, wherever legal. Sports […]