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Business
July 9, 2020
Nevada Gaming Control Board: Eldorado-Caesars Merger Approved
The Eldorado-Caesars merger is now one step closer following an approval by the Nevada Gaming Control Board. In the near future, once the merger is completed, the two companies will create one regional gaming giant under the name of Caesars. The $17.3 Billion Merger of Eldorado-Caesars Was Approved Yesterday The acquisition of Caesars Entertainment by […]
Business
July 9, 2020
Casinos Austria to Restructure Business in a €40m Cost Reducing Plan
In a bid to restructure and reshape its business as a more resilient company, Casinos Austria will be looking to save estimated €40 million in costs. Casinos Austria Announces Restructuring Plans, Takes a Look at Layoffs Casinos Austria supervisory board announced a new restructuring plan that seeks to save €40 million in costs at the […]
Business
July 8, 2020
Ladbrokes, Coral and Betdaq Leave Oddschecker Price Grid
GVC Holdings announced today its UK brands, Ladbrokes, Coral and Betdaq will be removed from the pricing grid of oddschecker, effective July 9, as the web service owned by Flutter Entertainment and the owner of the brands could not agree on a price for a renewal of their deal. GVC Holdings Cited Commercial Reasons The […]
Business
July 7, 2020
GVC Holdings Considers Customer Care Teams Reorganisation
GVC Holdings, the operator of Ladbrokes Coral announced it is considering a reorganization of its customer service teams, to make adjustments for the upcoming new VIP rules that will most probably be adopted by the gaming industry. The operator outlined that some of the roles are at risk of redundancy, but downsizing will be kept […]
Business
July 7, 2020
Thousands of Nevada’s Businesses Aided by the Government PPP Program
The Paycheck Protection Program has aided thousands of businesses in Nevada state. Some 51 million state-wide jobs were boosted by the federal loan program. The Paycheck Protection Program Helps Multiple Industries A recent disclosure by the federal government revealed that thousands of businesses and organizations in Nevada have been aided by the Paycheck Protection Program. […]
Business
July 7, 2020
Key Week for Eldorado Caesars Merger, Nevada, Indiana Hearings
The ongoing merger between Eldorado Resorts (ERI) and Caesars Entertainment (CZR) is facing a critical week ahead, as both the Nevada Gaming Control Board and the Nevada Gaming Commission will review its details on Wednesday, while on Friday, gaming authorities in Indiana are set to consider the $17.3 billion deal. Gaining the approvals of Nevada […]
Business
July 7, 2020
BGC Says Restrictions on Betting in Scotland May Result in Losses for the Industry
Scotland’s betting shops must follow draconian restrictions, which may be harmful for the industry, the BGC has said. BGC CEO urges the Scottish government for changes in the restrictions. Scotland’s Post-COVID-19 Restrictions Harmful for The Industry The Betting and Gaming Council (BGC), which is the gambling trade organization, has criticized the Scottish government for the […]
Business
July 3, 2020
Germany: 50% Gambling Market Revenue Growth Projection by 2024
Revenue in Germany is expected to reach €3.3 billion by the end of 2024, a market projection from Goldmedia suggests. The company that specializes in the media, gaming, and entertainment industries and has more than 20 years of actively supporting national and foreign clients also sees a drop in 2020 revenues of up to 11.9%. […]
Business
July 2, 2020
Sporting Solutions Partners with SCCG Management for Market Entry
Sporting Solutions looks determined to enter the North American sports betting market after the partnership deal with the European-based sportsbook and lottery technology provider signed with Las Vegas-based gaming consultancy SCCG Management. The B2B division of the UK´s widely respected Sporting Group is looking to utilize the consultancy company’s expertise to accelerate its entry into […]
Business
July 2, 2020
PointsBet and Detroit Tigers Sign Multi-Year Partnership Deal
Australian-based sportsbook provider PointsBet entered into a multi-year partnership deal with Major League Baseball (MLB) franchise Detroit Tigers, becoming the first sports betting company to enter in a partnership with a team from the professional baseball league. The agreement enters into force at the beginning of the 2020 season of the Tigers. Branding, Promotion, and […]