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Business
November 25, 2021
Ian Williams Appointed Wynn Interactive President
As WynnBET expands its digital footprint, the company needs well-seasoned veterans to keep securing a share of what is a rapidly expanding industry. The appointment of Ian Williams as president of the company’s interactive division will now help Wynn continue on a growth trajectory that brings its retail expertise into the digital sector and allows it to […]
Business
November 25, 2021
Macau Finds Casino Operators Can be Liable for Junket Partner Debt
On Wednesday, Macau’s Court of Final Appeal upheld a decision that found Wynn Resorts Macau jointly liable for $747,482 debt to a VIP, along with its junket partner, Dore Entertainment. Wynn isn’t satisfied with the outcome and Paulo Martins Chan, a former boss of the Gaming Inspection and Coordination Bureau (DICJ, for its Portuguese acronym), […]
Business
November 24, 2021
IGT Set to Launch Wheel of Fortune Linked Progressive Jackpot
Manufacturer of casino equipment and supplier of online gaming content International Game Technology (IGT) announced the first-ever omnichannel Wheel of Fortune linked progressive across land-based, mobile and online will be unveiled at the SBC Summit North America 2021. Link Jackpots across Land-Based, Mobile and Online The Wheel of Fortune linked progressive will be part of […]
Business
November 24, 2021
Betfred Betting Kiosks Now Open at We-Ko-Pa Casino in Arizona
Betfred Sports announced today its partnership with the We-Ko-Pa Casino Resorts in Arizona saw the introduction of self-service sports betting kiosks at the property operated by the Fort McDowell Yavapai Nation. Available at the Casino Floor and Sports Bar The We-Ko-Pa Casino is now featuring eight self-service sports betting kiosks that allow players to wager […]
Business
November 24, 2021
Evolution Initiates Internal Review over Illegal Gambling Allegations
An internal review has been initiated at Evolution AB due to the recent allegations that it operates illegally in countries on the US sanctions list, the company announced in a statement Wednesday. The Costly Report Earlier this month, a report in Bloomberg stated that private investigators hired by an unnamed competitor found out Evolution was […]
Business
November 24, 2021
FansUnite Spearheads Into the US Market With American Affiliate Acquisition
Canadian betting-oriented sports and entertainment company FansUnite will spearhead into the US market through the strategic acquisition deal of the sports betting tech provider American Affiliate. The deal will see FansUnite pay American Affiliate about $58.2 million. Out of that total sum, $13.5 million will be paid in cash, $41.7 million in FansUnite shares and […]
Business
November 23, 2021
Genius Sports’ Q3 Revenue Growth Offset by Sky-High Expenses
Official supplier of sports betting data and content Genius Sports released today its third-quarter financial results posting an operating loss for the three months ended September 30, 2021 of $64.8 million as expenses soar across the board. Unprecedented Growth Level The operating loss was registered on the back of an over 70% increase in revenue […]
Business
November 23, 2021
Casino Austria Appoints Erwin van Lambaart as General Director
Casino Austria, a gaming corporation operating casinos globally, announced its executive search is over after the appointment of Holland Casino CEO Erwin van Lambaart as its new General Director. Executive Search is Over New Casino Austria addition van Lambaart will join the company’s Board of Directors on March 14 next year, and on April 1, […]
Business
November 23, 2021
Atlantic City Casinos Post Gross Profit of $310 Million in Q3
The third quarter for the nine casinos in Atlantic City was nothing short of amazing, as the state figures, which were released on Monday, showed that their gross operating profit was more than double than the same period in 2020. As the New Jersey Division of Gaming Enforcement posted, the total profit for July, August […]
Business
November 23, 2021
Paddy Power Backs Out of Televised Soccer Deal in Ireland
RTÉ, Ireland’s national TV and radio broadcaster, is the first to be affected by new advertising rules being implemented in conjunction with changes in gambling regulations in Ireland. Paddy Power has ceased its sponsorship of live televised soccer on RTÉ. Paddy Power Cuts Off Ad Deal This weekend, the Flutter Entertainment-owned betting firm confirmed that […]