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Business News and Headlines
Business
January 21, 2019
Genting and Wynn Ready for Court on January 29
Genting and Wynn meet in court on January 29 Genting denies copyright claim by Wynn Wynn will seek to shut down the construction of Resorts World Las Vegas located at the northern end of the Las Vegas Strip Potential $169m in losses and 500 workers laid off cited Malaysia-based Genting Berhad and Wynn Resorts are […]

Business
January 18, 2019
Rhode Island Could See Mobile Sport Betting Open Soon
RI Senate President Dominick Ruggerio introduces mobile sports betting bill 97% of sports betting in Rhode Island is illegal Mobile betting to be levied with 51% tax Amid the flurry of bills overload in the first two weeks of 2019, Rhode Island’s Senate President, Dominick Ruggerio, has decided to do his part and hit the […]

Business
January 16, 2019
Sen. Andrew Cuomo Sees Future for Sports Betting in NY
New York Governor Andrew Cuomo says he is considering the legalization of sports betting Mr. Cuomo seeks to close a $3.1 billion fiscal deficit Tribal casinos could be the only ones benefitting from Mr. Cuomo’s law New York has long been eyed with temptation. For many, the State promises to be a vibrant market for […]

Business
January 13, 2019
GamStop Self-Exclusion Scheme Flawed, BBC Report Says
GamStop self-exclusion scheme found flawed by BBC reporters Fiona Palmer admits system is far from perfect Association of British Bookmakers (ABB) calls the findings disappointing Gambling self-exclusion schemes in the United Kingdom may not be as infallible as they are advertised to be, amid new reports exposing flaws in the system enabling gamers to find […]

Business
January 13, 2019
Madison Square Garden Files Patent for Sports Betting
Madison Square Garden files a patent for sports betting operations on mobile and online The new subsidiary to offer extensive analysis and coverage of sports betting and esports Esports are an official vertical of interest New York’s Madison Square Garden (MSG)’s parent entity is planning to jump on sports betting, following a patent filing for […]

Business
January 12, 2019
Lottoland Wants to Buy Zeal’s Germany-facing Business
Lottoland Holdings wants to acquire Zeal’s Germany-facing business The company wants to also buy out Lotto24 to guarantee better synergies and tax conditions Zeal and Lottoland have been less diplomatic in recent months Lottoland Holdings has been eyeing a German expansion for a long while now. Facing local opposition, the company continues to eye one […]

Business
January 7, 2019
German State of Hesse to Seek Individual Gambling Regulation
Germany’s gambling laws are about to get shaken up by strict individualism should a federal pact fails to be established, the German State of Hesse has cautioned. Hesse to Go It Alone in Regulating Gambling in Germany The German State of Hesse has expressed concerns over the delays in introducing new gambling legislation on a […]

Business
January 5, 2019
AGA Approves NFL and Caesars Partnership to Boost Awareness
Following the partnership between Caesars Entertainment and the National Football League, the American Gaming Association (AGA) highlighted the upsides of this move and the long-term benefits of the tie-up. AGA Content with NFL, Caesars Partnership The National Football League (NFL) and flagship casino brand Caesars Entertainment have signed up a new exciting partnership on Thursday […]

Business
January 3, 2019
Sweden Begins 2019 iGaming with 60 Legal Operators
Sweden’s gaming market has opened for business with 60 operators now running at full blast and the official regulator rebranding itself as the Spelinspektionen. The launch was preceded by abundant TV ads from established brands, such as LeoVegas, Betsson, and more. Swedish Gaming Market Now Fully Operational At the turn of the year, two things […]

Business
December 26, 2018
Italy’s Senate Votes Higher Gaming Taxes
Italy’s New Gaming Tax Laws: Biting into Profit Italy introduced a number of restrictive gaming measures in 2018. The country voted on a gaming ad ban effectively seeing all content promoting the activities of iGaming brands stripped from the public, including physical and digital advertisement media. Following a Sunday vote by Italy’s Senate, the country’s […]
