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Business News and Headlines
Business
August 17, 2020
Illinois July Gambling Revenues Down, Not as Bad as Expected
Casinos in Illinois had better than expectations first month after reopening, the Illinois Gaming Board monthly report shows. Despite being capped at 50% of their capacity, the 10 state’s casinos managed to rake in nearly three-quarters of what they achieved in July 2019. Back in June, Governor J.B.Pritzker gave a former go-ahead for gambling establishments […]

Business
August 17, 2020
Lotto NZ to Spend NZ$25m to Kickstart an Online Transition Push
The New Zealand national lottery will invest NZ$25 million into upgrading its website and app and provide consumers with a better remote gambling experience. NZ Sets out to Improve Online Lottery Website Operations The New Zealand’s national lottery has decided to extend its presence online, with a new MyLotto website and a dedicated mobile app, […]

Business
August 16, 2020
Navajo Nation Announces Phased Reopening Next Week
Arizona’s Navajo Nation is preparing to reopen at 25% operating capacity as early as next week, the tribal operator announced on Thursday. Navajo Nation Readies a Restart in Arizona After two months of forcible shut-down, the Navajo Nation is finally restarting business, the tribal operator said on Thursday. The phased reopening should begin at some […]

Business
August 15, 2020
Betway Cements Position in Spain, Advertisement Ban Hovers
Betting agency Betway has signed a third high-profile partnership in Spain over the course of two weeks with La Liga soccer franchise RC Celta de Vigo. The tie-up comes amid uncertainty about the advertising of betting products in the country. Betway Continues to Grow Presence in Spain Sports betting company Betway has minted a fresh partnership with RC […]

Business
August 15, 2020
DraftKings Continues US Market Sports Betting Expansion
Latest Q2 2020 report by DraftKings outlined revenue growth, despite the disrupted schedule of major sports leagues earlier this year. The company plans to enter the sports betting market of Virginia, Tennessee and Michigan. DraftKings Plans Further Expansion on the U.S. Market The latest report by the sports betting operator DraftKings outlined strong Q2 revenue […]

Business
August 14, 2020
Report: Chicago Casino Improves Odds with Tax Overhaul
A reduction of the tax rate for Chicago Casino from 72% to 40% makes the project more appealing for developers, says a recent report. Chicago Casino More Attractive for Developers Following Tax Reduction A report released earlier this week by the Union Gaming Analytics suggests that the lowered tax rates for Chicago Casino makes the […]

Business
August 14, 2020
US Casino Gambling Revenue in Second Quarter Crashes by 79% Report Says
With commercial casino gambling revenue declining 79% in the second quarter, the gaming industry in the USA has begun recovering, exploring new and innovative solutions and marketing opportunities to attract patrons back. Second Quarter Commercial Casino Revenue Slumps New data provided by the American Gaming Association (AGA) shows that casinos in the United States saw […]

Business
August 13, 2020
William Hill Grows Nevada Presence with Sportsbooks Management
The British gambling giant William Hill has consolidated its footprint in Nevada with the acquisition of CG Technologies and taking over the management of several Caesars Entertainment sportsbooks. William Hill Secures CG Technologies Sportsbooks Management Contracts William Hill, a British gaming company with presence in over ten states where sports betting is legal, is now […]

Business
August 12, 2020
BetMGM Becomes NASCAR Authorized Gaming Partner
NASCAR and BetMGM signed a multi-year partnership yesterday. A Multi-Year Partnership between NASCAR and BetMGM Tuesday, August 11, the sports betting leader BetMGM and NASCAR announced a key partnership. Under the multi-year partnership, BetMGM becomes an Authorized Gaming Operator of NASCAR. Moreover, BetMGM will be allowed to create and promote NASCAR sports betting experiences available […]

Business
August 9, 2020
Illegal Game of Chance Run from a Caribbean Record Store in Florida
Police in Boynton Beach, Florida, arrested a 49-old female Thursday for running an illegal gambling business inside her own record shop, multiple reports by local media informed. Alison J. Henry-Abner was detained and held at the Palm Beach County Jail on a $1,000 bond. After a seven-month-long investigation by the Boynton Beach Police Violent Crimes […]
