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Business
August 31, 2021
South Lake Tahoe Casinos Partially Halt Due to Caldor Fire
South Lake Tahoe casinos have started to close down their gaming operations as the Caldor Fire gets worse. South Lake Tahoe Operators Partially Close Operations As of Monday, South Lake Tahoe operators of four big casinos have begun closing parts of their gaming operations after fire officials in California have ordered evacuations of residents up […]
Business
August 31, 2021
Illegal Gambling Ads Get TopSport a $43,800 Fine
Australian Merlehan Bookmaking-owned gambling operator TopSport has been caught advertising in violation with the local rules on adverts. As a result, the local regulatory body Liquor and Gaming New South Wales has charged TopSport with a $43,800 fine (AUD$60,000). Breaking the Rules on Gambling Commercials TopSport’s exact transgression breaches section 33H (1) of New South […]
Business
August 31, 2021
Wynn Resorts Brings in Ben Affleck, Shaq to Promote Sports Betting App
Wynn Resorts Ltd. is looking to make a huge impact on this football season as the company will spend upwards of $100 million advertising its new sportsbook app. This is yet another example of how online wagering is shaping the gambling industry. On Monday, Wynn Resorts debuted a new TV ad in which two celebrities […]
Business
August 30, 2021
Caesars Entertainment Holds 24.5% Stake at NeoGames
A Schedule 13G filing with the Securities and Exchange Commission (SEC) revealed Caesars Entertainment acquired a significant stake in iLottery provider NeoGames. Stake in NeoGames The SEC filing revealed that Friday, Caesars acquired 6.12 million shares of the Israeli company as part of the multi-billion acquisition of William Hill, having a 24.5% stake in NeoGames’ […]
Business
August 27, 2021
NASDAQ-Listed Gambling.com Group Released First Public Report
Gambling.com Group, which recently listed on the NASDAQ exchange, released its second quarter operating and financial results for the three months ended June 30, 2021, posting $10.4 million in revenue. Gambling.com Sees Revenue Growth The first public report of the provider of marketing services for the online gambling industry since its listing on the NASDAQ […]
Business
August 27, 2021
Crown Resorts Names Ziggy Switkowski Chairman as Helen Coonan Steps Down
Crown Resorts revealed that Helen Coonan steps down as chairperson today. The company revealed that it hired the services of industry expert Dr. Ziggy Switkowski to fill Coonan’s position. Crown Resorts Appoints New Chair Helen Coonan has been a part of Crown Resorts for nearly ten years. It was January last year when she was […]
Business
August 27, 2021
Betfair Leaves the Netherlands Prior to Official Market Launch
A prominent sports betting and iGaming brand is shutting down operations in a European jurisdiction ahead of entering into force of new gaming regulation. Decision to Leave Betfair, operator of the world’s largest online sports betting exchange, is informing its marketing affiliates in the Netherlands it will be shutting down operations in the country. The […]
Business
August 27, 2021
Betsperts Closes a Series A Funding Round Worth $6 Million
Betsperts Media & Technology Group, a startup company specializing in fantasy sports and sports betting, welcomed many new investors after closing a Series A funding round worth $6 million. This company offers the Betsperts app and the Fantasy Life app. The official Betsperts app connects its users to various tipsters via interference of social media, […]
Business
August 27, 2021
Sportech Announces New CEO and CFO Amid Internal Reforms
International betting technology business Sportech is undergoing inner restructuring in the wake of the company’s downsizing. As a result, Richard McGuire and Tom Hearne will be leaving their respective positions as chief executive officer (CEO) and chief financial officer (CFO). This was announced by Sportech this morning. Sportech’s CEO and CFO Leaving Sportech’s chairman, Giles […]
Business
August 26, 2021
BoyleSports Renews Wolves Sponsorship Deal for the Season
Irish bookmaker BoyleSports announced that its partnership deal with Wolverhampton Wanderers FC has been extended for the 2021/2022 Premier League season. Official Molineux Betting Partner The contract extension between BoyleSports and the Wolves will see the bookmaker continue to operate as the official Molineux betting partner of the club from West Midlands for the 2021/2022 […]