Business
December 25, 2019
New Hampshire Joins Mobile Betting States on December 30
On December 30, New Hampshire will become the second New England state after Rhode Island to have introduced mobile sports betting as an option. New Hampshire Introducing Mobile Sports Betting Next Week New Hampshire will become the next state in New England to introduce mobile sports betting, starting as early as next week. Previously, Rhode […]
Business
December 24, 2019
DraftKings Becoming Public Through Merger with SBTech
A $3.3-billion merger between DraftKings and SBTech has been signed. This outcome is not a surprise as different sources claimed earlier this year that DraftKings was very close to acquiring SBTech. Diamond Eagle Acquisition Corp Acquires DraftKings and SBTech The digital sports gaming company DraftKings Inc., popular for its fantasy sports and mobile sports betting, […]
Business
December 23, 2019
Ladbrokes Opens Concept Betting Shops to Recoup Losses over FOBT Stake Cut
The last of the two new Ladbrokes concept betting shops was opened on Stephenson Street in Birmingham on Thursday, December 19. The first one – Coral shop – was launched earlier this month at Warren Street. Tough Times for the UK’s Sports Betting The two outlets are opened at a moment when the UK’s betting […]
Business
December 22, 2019
Philippines Arrest 342 Chinese Nationals in POGOs Sector
In a Thursday raid, the Philippines arrested 342 Chinese nationals working illegally in the Philippines’ increasingly divisive offshore gambling industry. Hundreds of Illegal POGO Workers Arrested On Friday, December 20, the Philippines said that they had detained hundreds of illegal Chinese workers who were hired to work in the country’s offshore gaming operators. The arrests […]
Business
December 19, 2019
Playtech Brings Slots to the Live Casino Segment, Adds MP Blackjack
Gaming giant Playtech continues to push ground-breaking products amid internal strife between shareholders and management. Playtech Releases Live Slots and Quantum Blackjack Playtech has introduced two industry game-changers. On December 19, the company pioneered the Live Slots and Quantum Blackjack products. Playtech is pushing ahead with the Live Slots solution, which will combine live dealers […]
Business
December 18, 2019
Daughter of Stanley Ho Divests 2.45m Shares in MGM Resorts
The daughter of Stanley Ho, Pansy Ho, has sold 2.45 million of her shares in her latest portfolio restructuring bid. Pansy Ho Sells 2.45m Shares in MGM Holdings MGM Resorts International partner Pansy Ho has reduced her stake in the Macau-based company, selling off 2.45 million shares, the latest Hong Kong Stock Exchange filings have […]
Business
December 16, 2019
Penn Requests Probe into Former Director for $75,000 Fraud
A former Penn National Gaming Director of Benefits is facing multiple charges after the company reported her for allegedly misappropriating over $75,000 worth of gift cards that should have gone to the company’s employees. Berks County detectives have conducted an investigation confirming Penn’s suspicions. Former Penn National Gaming Director Charged with Fraud A Berks County […]
Business
December 14, 2019
Hard Rock CEO “Disappointed” With Atlantic City
The Hard Rock brand came to Atlantic City’s boardwalk during the summer of 2018, and its venue was expected to be a huge hit. Unfortunately, the Hard Rock Atlantic hasn’t seen a great response, and its executives are showing signs of regret of their decision to head to the east coast. Jim Allen, CEO and […]
Business
December 13, 2019
Vie.gg’s EEG Secures $1M in Private Placement Round
Vie.gg owner, Esports Entertainment Group, has secured a fresh funding round to the tune of $1 million from four investors. EEG Adds $1m in Fresh Funds Esports Entertainment Group (EEG), Inc closed a funding round with private investors adding up to $1 million in fresh investment. The transaction took place on December 6 and was […]
Business
December 11, 2019
Peter Jepsen Found Guilty in Online Poker Cheating Case
A Danish poker player named Peter Jepsen has been found guilty of installing malware on poker players’ computer to read their hands while competing against them online. High Stakes Poker Player Receives 3.5 Year Sentence for Fraud Peter Jepsen, a high stakes poker player, was found guilty of computer-based theft last week. His crimes including […]