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Business News and Headlines
Business
August 17, 2019
theScore to Settle in New Jersey
Canadian media business theScore prepares for launching its sportsbook in the state of New Jersey The New Jersey Division of Gaming Enforcement has cleared the Canadian brand to launch for a select few If results are satisfactory, the New Jersey DGE is agreed to give approval for a full-scale launch “We can’t wait to debut […]
Business
August 17, 2019
JP Morgan Says HK Protests Won’t Affect Macau GGR
JP Morgan says HK protests won’t affect Macau’s GGR Macau notches up record 25% increase in overall visitors HK protests could affect some future tourist performance in Macau With protests beating on in Hong Kong, Macau seems to retain its GGR prospects, analyst firm JP Morgan has said. Macau in the Clear Despite Brewing Hong […]
Business
August 16, 2019
Pennsylvania Releases July’s Sports Betting Results
Pennsylvania’s sports betting handle grows Mobile accounts for 2/3 of all betting activities Daily fantasy sports notch up a 50% growth Pennsylvania posted strong results in July generated by the retail and online sports betting verticals in the Keystone State. Pennsylvania’s Mobile Betting Drives Better Results Sportsbooks in Pennsylvania have posted strong results for July, […]
Business
August 15, 2019
Sports Betting Revenue Up for New Jersey and Delaware in July
New Jersey saw a rejuvenating spike in revenue during July, figures standing at $17.9 million Total handle was generated primarily from the online market, amounting to $213 million from the entire $251.4 m Despite decreased player spending, Delaware also reports a significant improvement of sports betting revenue during July Despite the notable decline New Jersey […]
Business
August 15, 2019
Dallas Cowboys Boss Eyes Arkansas Casino Project
Photo credit: Legends Arkansas Jerry Jones’ Legends Hospitality most likely winner for casino site in Pope County Cherokee Nation Businesses could contribute $39 million in economic development fees Legends still needs to obtain a license first Dallas Cowboys’ owner, Jerry Jones, is teaming up with the Cherokee Nation Businesses to launch a casino in Pope […]
Business
August 13, 2019
Casinos in Maryland Donate $542 Million to Education Fund
Three casino operators have generated and donated more than $542 million meant to facilitate education reform efforts in the state of Maryland State Governor praised the gaming businesses’ strong performance and show of good will Educational reforms in the state, recommended by the Kirwan Commission, require a total of $725 million About 30 percent of […]
Business
August 13, 2019
NFL and Sportradar to Provide Faster and More Accurate Data
Photo credit: Sportradar NFL to release official data to sportsbooks around the world Sportradar will determine which betting firms qualify Integrity to be ensured by both the League and the company NFL and Sportradar sign an extension of their existing partnership to provide more accurate and quicker data, including to sportsbooks around the world. NFL’s […]
Business
August 11, 2019
Las Vegas Casino Operators See Dive in Macao Business
Macao’s VIP business suffers the consequences of the US – China trade war The Las Vegas Sands Corporation, MGM Resorts International and Wynn Resorts Ltd. all report on slumps in VIP business revenue Business analysts remain optimistic for the long-term future Business reports from Macao display a market-wide revenue decrease of 13.4% year-on-year for the […]
Business
August 9, 2019
William Hill Profits Suffer FOBT Change and US Expansion Costs
Profits for William Hill decline by 12% following UK tax increase and US expansion costs Net revenue for the first half of 2019 up by just 1% Chief executive of the brand gave praise to the business and pointed out that they are still following their five year plan The United Kingdom’s bookmaker giant William […]
Business
August 8, 2019
Genting Malaysia’s Empire Bid Saps Share Value
Genting will team up with Kien Huat to create a new entity for Empire Resorts The company’s shares take an 11% tumble The company is acquiring shares worth $128.6 million total in Empire Resorts Genting Malaysia has made multiple headlines, announcing its intentions to acquire Empire Resorts and dispose of 35 percent share in a […]