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Business News and Headlines
Business
August 28, 2019
SportsHub fined by NJ Authorities for DFS Operations
SportsHub misses deadline to obtain a proper license The company uses private data without consent NJ slaps SportsHub with $30,000 in first DFS civil penalty in the state New Jersey regulators have slapped DFS SportsHub Games Network with a $30,000 penalty for failing to protect consumer data and operating without a proper license. NJ Hands […]
Business
August 27, 2019
Silver Heritage’s Nepal Border Struggle Continues
Asian casino operator Silver Heritage Group Limited has been handed a second ex parte injunction The legal proceeding is aimed against two of the subsidiaries of the group Kathmandu Post reports temporary order from an Indian court, banning the company from selling or developing their property Back in July the Rupandehi District Court issued a […]
Business
August 27, 2019
Summit Ascent Report Serious Profit Spike during First Half of 2019
The Hong Kong enterprise reported a massive spike in their profits mostly attributable to their Russian Integrated resort, Tigre de Cristal Total revenue marks a 24% climb during the first half of 2019 Russian based Tigre de Cristal to see Phase 2 expansion in early 2022 due to slight delay in development In comparison to […]
Business
August 26, 2019
NagaCorp Receives Shareholder Support on Expansion Project Dubbed Naga 3
Earlier in 2019 NagaCorp revealed plans for a $3.5 billion expansion project of the NagaWorld complex The project design entails additional hotel rooms, diversification and expansion of gaming spaces and more Lawmakers in Cambodia, on the other hand, grow weary of licensing Chinese investors and their land-based casino operations Plans for the Naga 3 expansion […]
Business
August 26, 2019
Number of Cities for Japanese IR Continues to Grow
Japanese IR is drawing closer to its release date The number of bidding cities to host the project grows Applications reportedly to be accepted as early as March, 2020 Galaxy Entertainment’s Francis Lui Yiu Tung has welcomed the high demand for hosting rights of the future Japanese Integrated Resort project. Demands for Hosts of Japanese […]
Business
August 25, 2019
PAGCOR Dismisses Chinese Demands for Offshore Shutdown
China has insisted that PAGCOR shut down all online gambling websites PAGCOR official argues that there is no reason for this to happen Operators, such as Megaworld, assure press their exposure in the conflict is minimal PAGCOR official Victor Padilla has responded to Beijing demands to start shutting down online gambling properties in the Philippines, […]
Business
August 24, 2019
Mobile Sports Betting set to Return in West Virginia in Days
The re-launching of mobile sports betting services in West Virginia is confirmed to take place prior to the end of August State lottery director John Myers revealed information for two sports betting apps, which are just about ready to roll-out but the dates remain unclear While concrete information remains somewhat scarce it is suggested that […]
Business
August 24, 2019
Betfair Partners Up with CONMEBOL Ahead of Brazil Prospects
Betfair strikes partnership deal with CONMEBOL Brazil is the next main market Betfair is interested in CONMEBOL will help Betfair gain more traction in South America While prospecting the Brazilian sports betting market, Betfair has signed an important partnership with the CONMEBOL in South America. Betfair Enters South Africa with CONMEBOL Partnership Betfair is now […]
Business
August 23, 2019
DraftKings Get Green Light for Iowa Market Operation
Wild Rose Entertainment commence partnership with DraftKings, allowing the latter to step in the newly regulated sports betting market in Iowa The recent start of the regulated sports betting market in Iowa already houses more than a few competitors for just over a week after the first sports bet was made on state territory CEO […]
Business
August 22, 2019
Kambi Sportsbook to Expand across Eight More States
The new deal entails a much wider presence of Kambi’s sportsbook across eight new states DraftKings pleased with the year’s results in collaboration with Kambi First six months of 2019 reveal a ~25% growth in revenue DraftKings CEO, Jason Robins, said that “Kambi has been a key partner for DraftKings, providing us with backend sportsbook […]