Business
May 19, 2020
Evolution Gaming and Golden Nugget Sign Strategic Partnership Deal
Evolution Gaming, the leader in Live Casino services, announced today it has entered into a partnership deal with Golden Nugget, the Las Vegas-based casino operator that also runs gaming properties in Atlantic City, Laughlin, Biloxi and Lake Charles. Live Games Since 2016 Golden Nugget, the casino company that pioneered in New Jersey the category Live […]
Business
May 18, 2020
SportPesa Generated $200M in May 2019 Betsspo, Leaked Regulatory Document Revealed
SportPesa, Kenya’s leading bookmaker before having its license suspended and being forced to abandon operations, has reportedly generated nearly $200 million from bets in May 2019, a recently leaked regulatory paper revealed. Betting Mania An official revenue spreadsheet acquired from an insider from the Betting Control and Licensing Board (BCLB), the gaming regulatory body in […]
Business
May 18, 2020
GVC Completes Ladbrokes Migration to Its Proprietary Technology Platform
GVC Holdings announced today the migration of Ladbrokes to its market-leading proprietary technology platform, which, together with Coral, Gala Bingo, Gala Casino and Gala Spins, successfully completed the list of Ladbrokes Coral brands the group acquired back in 2018. Remote Work to Complete the Task The integration of Ladbrokes into the GVC platform is setting […]
Business
May 18, 2020
DraftKings Says Esports Betting is “Pent-up” Demand for Sports
According to DraftKings CEO Jason Robins, “pent-up” demand for sports has pushed many people to try alternative sports betting markets. Unfulfilled Demand for Sports Pushes Fans into Other Betting Markets DraftKings CEO Jason Robins spoke to CNBC’s Jim Cramer on Friday, providing another update on the sports betting industry and particularly the uptick in demand […]
Business
May 17, 2020
Mississippi Regulator Announces Casino Re-Open Date, Provides Re-Opening Guidelines
The Mississippi Gaming Commission issued a 5-page industry letter of guidelines for casinos in the state, informing them they can re-open May 21, in line with St. Gov. Tate Reeves’ announcement casinos may be up and running before Memorial Day, but starting operations with half of their capacity. Screening and Risk Assessment The comprehensive list […]
Business
May 15, 2020
DraftKings Reported Q1 2020 Growth, Despite the Lack of Sports
DraftKings issued today its first quarter financial results after the tie-up with SBTech, posting $113.4 million in revenue and a net loss of $74 million. Despite worse than expected, these results did not affect buying appetite of investors, with DraftKings shares up more than 10% at one stage during the trading day. First Quarter Revenue […]
Business
May 15, 2020
William Hill Shows Resilience During Global Lockdown
British gaming and sportsbook company William Hill has offered an overview of company numbers during the lockdown, reflecting the impact the COVID-19 lockdown has had on the company’s operations, but also showing resilience. William Hill Shows Resilience Despite Drop in Results Leading gaming and betting company William Hill has reported a 57% decline in net […]
Business
May 14, 2020
Playson Signs with United Remote to Feature Its Slot Content Portfolio
Playson, the leading game developer and supplier of cutting-edge innovative content in over 17 regulated jurisdictions, announced today it entered into a partnership deal to roll out its portfolio across aggregator United Remote’s platform. Expanding Playson’s Reach Under the terms of the deal, the entire slot portfolio of the content creator, including its popular titles […]
Business
May 13, 2020
Las Vegas Sands Pulls out of Japan Integrated Resort Bid
Gaming and hospitality industry giant Las Vegas Sands is pulling out of Japan’s integrated resort bid. Japan IR Bid No Longer a Plan for Las Vegas Sands Las Vegas Sands has withdrawn its bid for a Yokohama prefecture Integrated Resort (IR) in Japan, the company announced in a press release on Tuesday, May 12. An […]
Business
May 12, 2020
George Soros Among the High-Profile Investor Names Behind DraftKings
DraftKings Inc, the recently listed on the NASDAQ sports betting and online gambling company, has some high-profile names among its shareholders. Besides The Walt Disney Company that ended up as a passive investor into the fantasy sports and sports book provider through the acquisition of Fox Sports, it turns out Quantum Partners, the investment vehicle […]