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Business
January 12, 2021
Veikkaus Adds Identity Verification for Player Protection
Starting Tuesday, Veikkaus will ask players to verify their identity in order to play slots. The measure will reduce player losses by up to €300 million. “Significant Financial Consequences” As of January 12, Finnish gambling operator Veikkaus will request players verify their identity in order to access its slot machines, as part of a package […]
Business
January 11, 2021
BetMGM Signs Partnership Deal with the Washington Nationals
Leading sports betting operator BetMGM and the Washington Nationals entered into a multi-year exclusive partnership, the Major League Baseball (MLB) franchise announced today. “The Nationals are thrilled to expand our strong partnership with MGM Resorts into the sports betting realm.” Alan Gottlieb, Chief Operating Officer, Lerner Sports Group BetMGM Sportsbook at the Nationals Park Under […]
Business
January 11, 2021
Betfair Exhange Became Less Compelling to Bettors in Italy
Sports betting exchange leader in Italy Betfair Exchange expressed concerns its flagship product lost much of its competitiveness and appeal following the controversial turnover tax imposed by the government last summer. Unsustainable Turnover Tax As part of the “Revival Decree” the Italian government imposed a 0.5% turnover tax across retail, digital and virtual sports wagering, […]
Business
January 11, 2021
GambleAware Shares Details on Its Bet Regret Campaign
Bet Regret is the campaign aiming at raising awareness and reducing ill-placed bets introduced by the gambling harm prevention charity, GambleAware. Launched in 2019, the campaign’s target audience is approximately 2.4 million young adults who frequently place bets online. Bet Regret Asks Gamblers to Pause before Placing a Bet The gambling harm prevention charity, GambleAware […]
Business
January 11, 2021
Entain CEO Shay Segev to Withdraw for a Position in DAZN
Entain’s CEO, Shay Segev, is leaving the company to take up a position at DAZN, a global streaming giant. Entain Sees Shay Segev Go to DAZN Only six months after stepping in at the helm of Entain, and steering the company to an ambitious future, Shay Segev, the now-departing CEO, has decided to move on […]
Business
January 11, 2021
A Promising Beginning of the Year for Endorphina and GrandCasino
It’s a great start of the year for slots provider Endorphina as it partners up with GrandCasino. This promises players in Belarus an exceptional iGaming experience with the highest quality gaming content that has great music and state-of-the-art entertainment features. GrandCasino Partners up with Endorphina Endorphina, a slots provider, has made a deal with the […]
Business
January 9, 2021
Luckbox Hires Ran Kaspi as Chief Financial Officer
Ran Kaspi, formerly a part of the financial management at ParaZero Ltd, is going to be the new Chief Financial Officer of the esports betting company Luckbox. Luckbox Hires the Services of Ran Kaspi as CFO Luckbox, the esports betting company, has announced that Ran Kaspi is going to be its new Chief Financial Officer […]
Business
January 9, 2021
Playtika Launches IPO To Capitalize on Gaming Trend
Playtika Holding Corp launches IPO in an attempt to boost its valuation to $10 billion and capitalize on gaming trend Playtika Launches IPO Israeli gaming company Playtika Holding Corp has launched an initial public offering in the US to further boost its growth and capitalize on the growing demand for mobile gaming. The company is […]
Business
January 8, 2021
DraftKings Teamed with DRL to Offer Drone Races Betting
Sportsbook and technology provider DraftKings signed a deal with the Drone Racing League (DRL) today to become an Official Sports Betting Partner of the league and to make drone races the first aerial sporting event available for wagering. DRL Drone Racing Adds Extra Layer of Excitement The partnership comes just in time for DRL’s final […]
Business
January 8, 2021
MGM China Has No Plans for Company Restructuring
MGM China, following a statement from its parent company MGM Resorts in response to a letter sent by the Chinese subsidiary’s largest public shareholder Snow Lake Capital, released a statement of its own, claiming the company has no plans for ownership restructuring. Open Letter to MGM Resorts The letter from Snow Lake Capital which holds […]