Business News and Headlines
Business
October 22, 2020
LVS: Q3 2020 Revenue down YoY, Company’s Mood Remains Upbeat
Global developer and operator of integrated casino resorts Las Vegas Sands Corp. (LVS) released yesterday its third-quarter financial results, posting 82% drop in revenue compared to the same three-month-period in 2019. From Billions to Millions LVS reported $586 million in net revenue for the three months ending September 30, compared to $3.3 billion for the […]
Business
October 21, 2020
Betsson Drops 8 Brands in the UK amid Consolidation Move
Leading betting and gaming firm Betsson Group has decided to withdraw all but one license from the UK gaming market. The group will operate under the Rizk brand moving forward. Betsson Group Suspends Eight Brands in the UK Effective Immediately Betsson Group is moving forward with an ambitious plan to consolidate its gaming business in […]
Business
October 21, 2020
William Hill Group Results Down in Q3, Online and Int. Up
William Hill has posted stronger-than-expected Q3, 2020 results, with online business soaring and retail taking a slight tumble over the period. Online Continues to Grow in Third Quarter for William Hill William Hill has published its latest financial update covering the third quarter for the year and specifically the 13 weeks leading up to September […]
Business
October 20, 2020
Gamesys Reports Strong Revenue Growth in Q3 2020
Revealing the latest trading update, Gamesys outlined strong revenue growth in Q3 2020. The operator performed extremely well despite the many difficulties brought by the COVID-19 pandemic. Responsible gambling is a focus of Gamesys and the company remains extremely proactive. Gamesys’ Third Quarter Brings Strong Revenue Growth The leading online entertainment provider Gamesys Group revealed […]
Business
October 20, 2020
Free Or 4 FTP Game by SportCaller Launches with William Hill
The newest free-to-play football game Free Or 4 debuted last weekend. The game is the result of a collaboration between the sports-game provider SportCaller and the iconic sports betting operator William Hill. Newest Free-To-Play Football Game Free Or 4 The leading free-to-play (FTP) sports-game provider SportCaller rolled out its newest game, Free Or 4 for […]
Business
October 20, 2020
New Dutch Player Protection Rules by KSA
The Dutch gaming authority has enacted new regulations suspending the use of limited-time offers to better protect vulnerable consumers who may be at risk of gambling harm. Dutch Regulators Suspends Limited-Time and Exclusive Gambling Bonuses The Kansspelautoriteit ( KSA) has announced that any bonuses advertised as “only today”, “for quick decision-makers” as well as “happy […]
Business
October 19, 2020
Peter and Sons Joins YG Masters Program by Yggdrasil
Peter & Sons joined Yggdrasil’s YG Masters Program. With the help of the revolutionary GATI technology by Yggdrasil, the growing game developer Peter & Sons plan to accelerate its global growth strategy. Peter & Sons Joins Yggdrasil’s YG Masters Program Monday, October 19, the YG Masters program by Yggdrasil was joined by the growing slots […]
Business
October 19, 2020
Sportradar Inks Risk Management Deal with 888 Holdings
Sportradar’s Managed Trading Services (MTS) Return Guarantee is launching on 888sport’s tennis markets. The bespoke risk management solution can be integrated with other sports, too. 888 Adds Sportradar’s Risk Management to Boost Tennis Markets 888 Holdings PLC has inked a new partnership with Sportradar, a leading software provider of sports betting and sports entertainment services […]
Business
October 18, 2020
Elon Musk’s Boring Company to Expand Las Vegas Loop
Elon Musk’s tunneling Boring Company which is currently constructing the Convention Center Loop reveals plans to expand its Las Vegas Loop project. The Boring Company Plans to Expand Las Vegas Loop The Boring Company by Tesla’s CEO Elon Musk may be looking to expand its Las Vegas Loop system. During a Board of Directors meeting […]
Business
October 18, 2020
Detroit Casinos’ September Revenues Drop, Paying Less Tax
The Michigan Gaming Control Board (MGCB) released Wednesday the September revenue figures for the commercial casinos in Detroit, reporting a year-over-year drop in slot and table game verticals. MGM Grand Detroit, MotorCity Casino Hotel, and Greektown Casino-Hotel generated $87.9 million in gambling revenues, plus another $4.4 million in adjusted receipts from sports betting. The reported […]