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Business
December 2, 2022
Betting Handle in Arizona Skyrockets to $540M in September
The Arizona Department of Gaming (ADG), the gambling regulator in the state, released Thursday its latest report outlining the performance of sports betting operators for the month of September. Judging by the recent figures, sportsbooks in the state reported a strong month with betting handle hitting nearly $540 million. September Sports Betting Handle Hits $540 […]
Business
December 2, 2022
Blackstone Sells Off All Stakes in MGM Grand and Mandalay Bay
Blackstone Real Estate Income Trust, Inc. (BREIT) made an official press release announcing the upcoming sale of its remaining MGM Grand Las Vegas and Mandalay Bay Resort stakes. VICI Properties, which currently owns a 50.1% interest, will acquire the remaining 49.9% interest in the joint venture for a cash consideration of roughly $1.27 billion. VICI […]
Business
December 2, 2022
James D. Schultz Becomes Scientific Games’ EVP of Global Policy and Government Affairs
On Thursday, Scientific Games named James D Schultz, a highly experienced attorney, and policy advisor, as its executive vice president of global public policy and government affairs. Government Affairs, Public Policy, and Advocacy In this position, Schultz will be responsible for unified government affairs, public policy, and advocacy agenda in order to support the global […]
Business
December 2, 2022
QTech Games Expands Content by Adding Games from AvatarUX
The leading distributor of games across Asia and new emerging markets, QTech Games, announced a new partnership with AvatarUX, a leading provider of innovative games for the iGaming industry. AvatarUX Inks New Deal With QTech Games Details of the new deal emerged Friday and see QTech Games expand its content offering by delivering innovative games […]
Business
December 2, 2022
Tabcorp Raises A$425M from Private US Placement
Tabcorp has successfully secured additional capital to spearhead its operations through the issuance of a new private placement long-term debt. The company announced in a filing to the Australian Stock Exchange sought to raise additional funds through the placement of notes in the private US market, amounting to a total of A$425 million ($289 million). […]
Business
December 2, 2022
SmartSoft Gaming and Entain Sign Content Partnership
SmartSoft Gaming, a casino game developer and supplier, has teamed up with leading industry giant Entain. The partnership will see SmartSoft launch its full portfolio of games and incorporate a number of player-favorite products with Entain brands, including JetX. To start the partnership, the two companies will deploy games with the Crystalbet brand in Georgia. […]
Business
December 2, 2022
Grey Eagle Names Tyrone Waite Chief Executive Officer
The First Nation band government in Alberta, Canada, the Tsuut’ina Nation, announced a senior-level change for the Grey Eagle Resort and Casino. The Nation said Thursday it selected Tyrone Waite as the venue’s new chief executive officer (CEO). Grey Eagle Selects Tyrone Waite for CEO In his new position as CEO, Waite will play a […]
Business
December 2, 2022
GiG Signs Partnership with News Corp UK & Ireland
Gaming Innovation Group (GiG) has sealed a new partnership with News Corp UK & Ireland, which will see the companies deliver sports betting and casino content along with a few exclusive offers that will be available to UK customers. News Corp UK & Ireland owns prominent brands in the market, such as talkSPORT and The […]
Business
December 1, 2022
Sands China Restructures Share Capital of Macau Subsidiary New Gaming License
Sands China Ltd, a Macau-based resort developer, and operator, has announced that it would restructure the share capital of its Macau subsidiary, Venetian Macau Ltd (VML), which detains its Macau gaming license in order to comply with Macau’s new gaming law. The restructuring of VML’s share capital will prepare the company for a new ten-year […]
Business
December 1, 2022
888 Revamps Expansion Strategy for the US Market
The leading global gambling company, 888 Holdings, held its Capital Markets Day (CMD) earlier this week. The company discussed an extensive list of topics during the event, among which, was its further growth into the regulated gambling markets in the United States. 888 Holdings Updates US Expansion Strategy A key message delivered during the CMD […]
