Latest Business News and Headlines in (2019)

Business Headlines

Mobile Betting Arrives in Indiana with Rush Street Interactive

Indiana to welcome first mobile betting sportsbook with Rush Street Interactive RSI is teaming up with French Lick Resort for digital wagering The Indiana Gaming Commission yet to approve the welcome bonus Rush Street Interactive has teamed up with French Lick Resort and applied for a mobile betting license in Indiana. The Indiana Gaming Commission […]

By Mike Johnson

Business

Sports Betting Revenue Up for New Jersey and Delaware in July

The Latest in Business

By Simon Deloit

Business

$3 Billion Lawsuit Against Wynn Resorts Quashed by Federal Judge

November 21, 2019

$3bln lawsuit against Wynn Resorts was dismissed. Sterling Suffolk claimed Wynn used fraudulent means in acquiring the Encore Boston Harbor casino license. Sterling Suffolk Suffers Loss in Court after Judge Quashes Lawsuit Wynn Resorts can breathe a sigh of relief after U.S. District Court Chief Judge Patti Saris quashed a $3 billion lawsuit facing the […]

$3 Billion Lawsuit Against Wynn Resorts Quashed by Federal Judge

By Mike Johnson

Business

William Hill Posts Results up to October 29, 2019

November 21, 2019

British gambling operator William Hill posts solid results despite regulatory headwinds at home and across Europe. US assets continue to spur growth and fresh opportunities to develop the business, with a few caveats. William Hills Operations Continue to Grow Strong US expansion has bolstered British gambling and sportsbook company William Hill results. Posting results on […]

William Hill Posts Results up to October 29, 2019

By Heidi Specter

Business

Primorye Gamblng Zone to Welcome at Least 11 Casinos

November 19, 2019

Estimated 11 casino properties will be available by 2023 in Primorye Gambling Zone, head of Department of Tourism and vice governor Konstantin Shestakov confirmed. Primorye Gambling Zone Right on Schedule The anticipated Primorye Gambling Zone in Russia will host at least 11 casinos with the properties being finalized by 2023, Konstantin Shestakov, regional vice governor […]

Primorye Gamblng Zone to Welcome at Least 11 Casinos

By Rachael Price

Business

Melco Chief Expects 2020 To Be a Down Year

November 18, 2019

The US-China trade war is likely to cause a slow down among Macau casinos in 2020. Melco Resorts’ CEO Anticipates a Slow Year in 2020 Lawrence Ho, Chief Executive at Melco Resorts, suspects that 2020 will be a “down year” for casino operators in Macau. He made the prediction over the weekend, during an interview […]

Melco Chief Expects 2020 To Be a Down Year

By Mike Johnson

Business

Caesars and Eldorado Shareholders Approve Acqusition

November 16, 2019

Both Caesars Entertainment Corp. and Eldorado Resorts Inc. shareholders have cleared an anticipated acquisition worth $17.3bn and due to take place in the first three months of 2020. Caesars, Eldorado Shareholders Clear $17.3bn Acquisition Deal Caesars Entertainment Corp. and Eldorado Resorts Inc. shareholders voted in support of an anticipated merged whereby Eldorado is paying $17.3 […]

Caesars and Eldorado Shareholders Approve Acqusition

By Simon Deloit

Business

New Jersey Just $13M Shy of Hitting $500M in Sports Betting Revenue for October 2019

November 15, 2019

New Jersey just $13M shy of hitting $500M in sports betting revenue for October. New Jersey collected a total of $487,924,504. Online betting leads the way. New Jersey Close to Hitting $500M per Month in Revenues An extra $13 million and New Jersey would have hit the $500M mark in revenues for a single month […]

New Jersey Just $13M Shy of Hitting $500M in Sports Betting Revenue for October 2019

By Simon Deloit

Business

Comprehensive Plan for Alabama Gaming by Poarch Band of Creek Indians to Bring in Billion Annually

November 14, 2019

The Poarch Band of Creek Indians seeks to introduce gaming in Alabama through a comprehensive gaming plan outlined in the Winning for Alabama online platform. Poarch Band to Raise Billions in Taxes for Alabama Annually Alabama is gearing up for a billion worth of dollars per year in the form of gaming taxes. This is […]

Comprehensive Plan for Alabama Gaming by Poarch Band of Creek Indians to Bring in Billion Annually

By Heidi Specter

Business

Fresh GTA Diamond Casino Update Boosts Player Base 23%

November 14, 2019

A fresh update has just sent the GTA player base up 23%, after the Diamond Casino & Resort content received another face-lift. GTA Online Update Leads to 23 Percent Increase in Player Base Grand Theft Auto Online, Rockstar Games’ flagship massive multiplayer game, has registered a 23% spike in its player base after a freshly […]

Fresh GTA Diamond Casino Update Boosts Player Base 23%

By Julie Moraine

Business

HBSC Introduces Self-restriction Option for Spending on Gambling Sites

November 13, 2019

HSBC has launched a new feature that allows customers to add or remove gambling restrictions on their accounts Limits on gambling funds in line with ATMs withdrawal restrictions Europe’s largest bank is taking measures to protect customers from spending money on gambling websites thus becoming the latest bank to introduce such restrictions in an attempt […]

HBSC Introduces Self-restriction Option for Spending on Gambling Sites

By Mike Johnson

Business

California Cardrooms Economic Impact Huge, Survey Claims

November 13, 2019

California’s cardrooms may now be responsible for a fair chunk of the state’s economic well-being. In certain communities, these cardrooms contribute estimated 50% of all taxes. A New Report Shows Upsides of California Cardrooms A new report has pin-pointed the exact value of cardrooms in California, and specifically how much they contributed to the state’s […]

California Cardrooms Economic Impact Huge, Survey Claims

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Mobile Betting Arrives in Indiana with Rush Street Interactive

Mobile Betting Arrives in Indiana with Rush Street Interactive

PayPal Enforces Tougher Gambling-Related Regulation

First Stock Tumble Writes Off Billions from Gaming Companies

Sports Betting Revenue Up for New Jersey and Delaware in July

$3 Billion Lawsuit Against Wynn Resorts Quashed by Federal Judge

William Hill Posts Results up to October 29, 2019

Primorye Gamblng Zone to Welcome at Least 11 Casinos

Melco Chief Expects 2020 To Be a Down Year

Caesars and Eldorado Shareholders Approve Acqusition

New Jersey Just $13M Shy of Hitting $500M in Sports Betting Revenue for October 2019

Comprehensive Plan for Alabama Gaming by Poarch Band of Creek Indians to Bring in Billion Annually

Fresh GTA Diamond Casino Update Boosts Player Base 23%

HBSC Introduces Self-restriction Option for Spending on Gambling Sites

California Cardrooms Economic Impact Huge, Survey Claims