Business News and Headlines
Business
July 2, 2019
UK Operators to Spend 1% of GGR on Responsible Gambling
£60 million per year to be spent on gambling protection Big gambling operators in the UK agree to new protective measures Responsible gambling spending to increase to 1% Top UK operators have agreed to contribute more to help tackle gambling addiction and boost customer protection. The brands will be spending 1% of their gross gaming […]
Business
June 30, 2019
Nevada Falls Behind NJ in Spots Handle in May
New Jersey beats Nevada betting handle for the 1st time Nevada still has good chances of catching up PA gaming and online wagering to threaten NJ revenue New Jersey has made history by topping the betting revenue of Nevada in May 2019. Yet, the state faces a number of challenges ahead. New Jersey Beats Nevada […]
Business
June 27, 2019
UKGC Fines Casinos £19.6m, That’s Not Enough to Protect Customers
The UKGC has slapped operators with £19.6 million worth of penalties in 2018-2019 over failure to meet customer protection practices. The UKGC Doesn’t See Improvement in Customer Protection Practices The UK Gambling Commission (UKGC) continues to warn operators over customer safety misconduct. The nation’s watchdog has slapped operators with £19.6 million in penalties between 2018 […]
Business
June 25, 2019
Eldorado Announces Merger/Acquisition Deal with Caesars
Caesars and Eldorado merger Eldorado assumes 51% control of the businesses Synergies to reach $500 million after concluding the deal Eldorado has finished the $17.3 billion acquisition of Caesars in one of the most expansive business consolidating moves. Eldorado and Caesars Entertainment Merge Eldorado Resorts and Caesars Entertainment Corporation announced a merger agreement that will […]
Business
June 25, 2019
888, Betsson and Sisal Push for Buenos Aires License
Buenos Aires welcomes 888, Betsson and Silas The window to apply for a license closes today, June 25 Argentina hasn’t hinted about sports betting beyond the capital Buenos Aires is becoming one of the most exiting hubs for sports betting in Latin America. Will the numbers once the industry launches back this claim? 888, Betsson […]
Business
June 24, 2019
The UKGC Tells Casinos to Restrict Underage Free Play
The UKGC has warned online casinos to restrict the access of users to their affiliates that still offer free play games without the proper age verification. The UKGC Call for Final Restriction on Free Play Games The UK Gambling Commission (UKGC) has been shifting rules and regulations concerning players safety. Earlier this year, the UK […]
Business
June 23, 2019
Bet365 Launches in Full in Mexico Backed by a Local Operator
Bet365 launches Mexican gaming domain
The partnership is stuck for a period of 25 years
Local conglomerate TV Azteca will work with bet365
Bet365 is now fully launched in Mexico thanks to a local partnership with TV Azteca's subsidiary.
Business
June 17, 2019
SG Sues Shareholder Linked to Terrorist Organizations
Scientific Games, a global supplier of interactive lotteries and casino solutions, has filed a lawsuit against a shareholder in Nevada over failure to comply with information requests about suitability in the state. The company that the lawsuit sites is one of the largest shareholders in SG, to name Hong Kong-based Sylebra Holdings, which presently holds […]
Business
June 14, 2019
AI-driven Betting Agency BetWarrior Teams Up with Kambi
BetWarrior, a new sports betting agency, teams up with Kambi Former PokerStars executives lead the new company AI and machine learning solutions will be leveraged to enhance the customer experience Ex-PokerStars execs Morten Tonnesen and José del Pino are at the helm of a new sports betting agency that will use AI and machine learning. […]
Business
June 13, 2019
Inspired Entertainment Inc. to Acquire Novomatic UK Arm
Inspired Entertainment announces potential buy-up of Novomatic UK Ltd This includes all businesses owned by Novomatic Asian markets remain Novomatic’ priority Amid rapid expansion in Asia, Novomatic has received a buy-out offer by Inspired Entertainment Inc now interested in purchasing the entire business of the UK-based slot maker. Inspired Entertainment Inc Offers to Buy Novomatic’s […]