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Industry
July 6, 2022
888 Holdings Expands Board with Three New Members
888 Holdings, a company operating several gambling brands, recently completed the acquisition of the British operator William Hill. The former company followed this up with changes to its team and has now introduced an expansion of its own board of directors as well. The Holding Expands Board to Nine Members 888 announced that it will […]
Industry
July 6, 2022
JP Morgan Says Re-Tendering of Macau Casino Licenses Imminent
Tuesday’s reveal of Macau’s re-tendering rules caught some by surprise. Analysts and concessionaires responded with cautious optimism about the new rules, pointing out that the last time the industry underwent re-regulation, it took Macau around a month to publish the new rules. That was in 2021. Re-Tendering Rules Arrival Could Mean Imminent Launch of Process […]
Industry
July 6, 2022
Yolo Investments Secures Stake in Apparat Gaming
Yolo Investments has bought a stake in Apparat Gaming, a Germany-based iGaming studio, and developer. The details of the financial transactions have not been immediately available to the public. Apparat Gaming’s First Investment Round Is a Success Yolo Investments has focused its efforts on seed and A-stage investment opportunities in fintech and gaming, making the […]
Industry
July 5, 2022
Wynn’s $2B UAE Casino Resort Offers ‘Brand Extension’
A $2 billion integrated casino resort in the United Arab Emirates (UAE) is one of the key priorities for Wynn Resorts as the company seeks to extend its brand worldwide according to Wynn Resorts CEO Craig Billings. Billings, who is now over six months into the position of chief executive officer at the casino resort […]
Industry
July 5, 2022
Flutter Confirms the Leave of Paddy Power’s CEO
Irish bookmaker Flutter Entertainment has confirmed that Paddy Power’s chief executive officer will be leaving the group. Victor Corcoran’s exit comes amid some major changes to Flutter’s teams. Flutter Confirms Corcoran’s Leave Flutter confirmed previous rumors that Corcoran will be vacating Paddy Power’s CEO seat. The ex-executive refused to publically comment on his departure. Corcoran […]
Industry
July 5, 2022
Minister Philp Addressed Online Slots, Casinos, National Lottery
Online casinos and in particular slots will be the focus of the upcoming White Paper, suggested Gambling Minister Chris Philp at the Digital, Culture, Media and Sports (DCMS) Committee meeting today. Philp also told MPs any potential damage payment to Camelot would affect money for good causes. In the White Paper’s Crosshairs Minister Philp was […]
Industry
July 5, 2022
Ontario’s AGCO Appoints Turcotte as Chief Legal Officer
The Alcohol and Gaming Commission of Ontario (AGCO) has officially named Josée Turcotte as its new chief legal officer. Turcotte will step into the shoes of Bruce Caughill, who gave up the position to manage Rush Street Interactive’s operations within the Canadian borders. Turcotte Will Supervise AGCO’s Approach to Legal Matters In her new position, […]
Industry
July 5, 2022
Macau Posted the Rules for Re-tendering Casino Licenses
Macau’s government just unveiled the rules for the re-tendering of the region’s gambling licenses. There will be several criteria by which the government will decide whether to license a company or not. Macau Seeks Companies that Can Revitalize the Sector Today, the Macau government published the rules for the re-tendering of the special administrative region’s […]
Industry
July 5, 2022
Ontario Regulator Reportedly Looking Into the Self-Exclusion Loophole
The Alcohol and Gaming Commission of Ontario (AGCO) has reportedly entered a review stage of the self-exclusion standards in the province after a bet loophole has been exposed. Players have found a way to “cheat” while playing at online sportsbooks by self-excluding, requesting to have their money returned, and then, using the funds at a […]
Industry
July 5, 2022
BetFirst Defies Odds and Signs Partnership with Royal Antwerp
It’s not just the United Kingdom that is wrestling with the issue of allowing sports gambling assets and logos to appear on sports teams’ shirts and stadia. In fact, Belgium recently proposed a blanket ban on gambling advertisement in the context of sports, including traditional partnerships between sports clubs and gambling firms that seek to […]
