Latest Business News and Headlines in (2020)

The Latest in Business

Casino software supplier and developer NetEnt is partnering up with IWG. Gaming products result of the collaboration expected in Q3 2020. IP Agreement Between NetEnt and IWG Swedish casino giant NetEnt has signed an IP agreement with Instant Win Gaming. Under the partnership, IWG will develop instant games based on NetEnt content. The announcement came […]

By Stoyan Todorov

Business

Oklahoma Tribal Conflict Deepens with DOI Decision Pending

May 11, 2020

Five months into 2020, Gov. Kevin Stitt of Oklahoma and the state’s tribes have not reached a consensus about gaming compacts. Gov. Stitt has found new allies in two tribes and opposing the tribes have received help from Attorney General Mike Hunter. The US Department of the Interior is stepping in to settle the conflict. […]

Oklahoma Tribal Conflict Deepens with DOI Decision Pending

By Stoyan Todorov

Business

True Lab Becomes Latest YG Masters Signee

May 7, 2020

Back in 2018, leading iGaming provider Yggdrasil announced the arrival of YG Master, it’s content curating platform enabling select partners to benefit from next-generation tools leading to high customization, player retention, and better market penetration Today, Yggdrasil revealed the name of a new developer, emerging blockchain and gaming company True Lab, as the latest entry […]

True Lab Becomes Latest YG Masters Signee

By Heidi Specter

Business

Mohegan Gaming Ready to Continue with IR Bid in Greece

May 6, 2020

MGE assures that the company is ready to continue with the IR project aimed at transforming the area around Athens’ airport. Mohegan Gaming Ready to Go as Planned for the IR in Athens Mohegan Gaming and Entertainment (MGE) announced this Monday that the company is ready to go ahead as planned for the integrated resort […]

Mohegan Gaming Ready to Continue with IR Bid in Greece

By Heidi Specter

Business

LeoVegas Shows Resilience, Financial Results Q1, 2020 Intact

May 6, 2020

LeoVegas continues to show resilience in the online gambling vertical, having registered growth in operations for Q1, 2020. The company posted a 4% stronger revenue for the first three months of the year, reaching $96.55* million compared to $93.20 million in 2019. While sports betting took a hit and led a 9% drop in the […]

LeoVegas Shows Resilience, Financial Results Q1, 2020 Intact

By Simon Deloit

Business

Newgioco Will Re-Open Its Retail Business, PPE for Staff and Clients

May 5, 2020

Italian sports betting and gaming technology company Newgioco Group announced it would start re-opening its retail outlets across the country, after the national government eased the country-wide lockdown order starting Monday, May 4. Back in March, Italy became the first country in the world to issue a state-wide lockdown order as an enforcement measure on […]

By Julie Moraine

Business

Kiron Signs Content Deal with Microgame for the Italian Market

May 4, 2020

Sport content company Kiron Interactive has further strengthened its position on the Italian market with the partnership deal it has signed with leading gaming service provider Microgame. The new strategic alliance will allow the virtual game producer company to roll out most of its content on the platform of one of the leading betting services […]

Kiron Signs Content Deal with Microgame for the Italian Market

By Mike Johnson

Business

CDI Reported Q1 Revenue Drop, Re-Opening of Churchill Downs Racetrack in Sight

May 3, 2020

Churchill Downs Incorporated /CDI/ has recently released its first quarter financial report posting net revenue of $252.9 million, down 5% compared to Q1 in 2019. The company posted net loss for the quarter to the extent of $23.4 million, in total contrast with the $11.6 million profit generated the year before. Adjusted earnings before interest, […]

CDI Reported Q1 Revenue Drop, Re-Opening of Churchill Downs Racetrack in Sight

By Heidi Specter

Business

MGM Resorts Continues with Osaka IR bid in Japan

May 3, 2020

MGM Resorts CEO Bill Hornbuckle noted that the company is proceeding as planned for its Osaka IR bid in Japan. Hornbuckle calls the Asian market a “huge upside for the company”. MGM Resorts Follows Their Plan for the IR bid in Japan Bill Hornbuckle, CEO of MGM Resorts, confirmed that the company is still going […]

MGM Resorts Continues with Osaka IR bid in Japan

By Julie Moraine

Business

Sports Betting in Colorado Went Live as Planned, Waiting for Sport to Restart to Show Its Hand

May 2, 2020

Last week the long-awaited launch of sports betting in Colorado became official, after the Colorado Limited Gaming Control Commission put all efforts, including holding special meetings to approve new licenses, to meet its predefined schedule date May 1. DraftKings and FanDuel Among the First Sports betting in the state became legal November 2019, when the […]

Sports Betting in Colorado Went Live as Planned, Waiting for Sport to Restart to Show Its Hand

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NetEnt Signs IP Agreement With IWG

Oklahoma Tribal Conflict Deepens with DOI Decision Pending

True Lab Becomes Latest YG Masters Signee

Mohegan Gaming Ready to Continue with IR Bid in Greece

LeoVegas Shows Resilience, Financial Results Q1, 2020 Intact

Newgioco Will Re-Open Its Retail Business, PPE for Staff and Clients

Kiron Signs Content Deal with Microgame for the Italian Market

CDI Reported Q1 Revenue Drop, Re-Opening of Churchill Downs Racetrack in Sight

MGM Resorts Continues with Osaka IR bid in Japan

Sports Betting in Colorado Went Live as Planned, Waiting for Sport to Restart to Show Its Hand