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Industry
April 10, 2023
PENN Entertainment’s Barstool Sports Opens Second Location in Chicago
In mid-February, PENN Entertainment announced it finished the acquisition of Barstool Sports, Inc. after previously acquiring a 36% stake in the company three years ago. The remaining interest in the media brand specialized in sports, entertainment, and lifestyle was acquired for around $388 million. Now, Barstool Sports has announced it leased a new office space […]
Industry
April 10, 2023
Nevada’s Hospitality, Gaming Sector Still on the Road to Recovery
The outbreak of the global COVID-19 pandemic a few years ago changed many industries at once, resulting in temporary or in some cases permanent closures, as well as job and pay cuts. During this uncertain time, as always, employees were the ones to first feel the impact and this applies to the hospitality and gaming […]
Industry
April 10, 2023
CarePlus Secures Grant to Treat Problem Gambling in New Jersey
CarePlus New Jersey, a company that offers affordable behavioral care and plans, has received a one-year grant from the Department of Mental Health and Addiction Services. The organization will use the money to establish a problem gambling and substance abuse program. As announced, the organization received $120,000 for its new program. Being a company that […]
Industry
April 10, 2023
MGC to Consider Penalizing MGM Springfield and Encore Boston Harbor
The Massachusetts Gaming Commission, the gambling regulator in the Bay State, will evaluate recent rule violations and decide whether to impose penalties. The authority will discuss the matter at a meeting scheduled for April 14. Unfortunately, Massachusetts’ fresh sports betting market quickly attracted illegal bets. In February this year, the regulator identified two illegal wagers […]
Industry
April 10, 2023
Ex-MGM Resorts Shareholder-Turned-Regulator Questions Business
Casino and hospitality operator MGM Resorts International received criticism about the way it conducts business from an unusual source after a Nevada Gaming Control Board (NGCB) member used a hearing to question the company’s past and present business decisions. Seeking Business-Wide Reasons for the Delay George Assad, a former Las Vegas judge and one of […]
Industry
April 7, 2023
High Stake Poker Pros Boycott GGPoker’s Updated Rake System
Over the last few years, GGPoker has been growing at a steady pace. The network kept improving its games, introducing innovations, as well as lucrative rewards and promotions. But while offering engaging poker action for high rollers and newcomers, GGPoker has kept a higher rake, when compared to its competitors. While this didn’t bother many […]
Industry
April 7, 2023
Kick Continues to Challenge Twitch’s Hegemony
Kick, a Stake-owned streaming platform, continues to make headlines and dispute Twitch’s rule. For a time, people thought that YouTube Gaming would be the Amazon-owned platform’s true competitor but it turns out that competing with Kick is going to be the real challenge. Kick provided all streamers neglected by Twitch with a refuge. While the […]
Industry
April 7, 2023
AGA: US Gaming Sector Leads in Workforce Diversity
The national trade group representing the US casino industry, the American Gaming Association (AGA), released a new report that sought to determine the diversity within the gaming sector. Data regarding the new in-depth examination of the US gaming industry reaffirmed that it is more diverse than the larger hospitality sector and the US workforce. This […]
Industry
April 7, 2023
UK Gambling Sector Increases Spending on Incentives for MPs
For years the gambling sector in the UK has been spending money on different incentives for MPs in the country. Such incentives usually include tickets to popular games, as well as corporate hospitality. Some of the biggest gambling operators in the country have spent thousands of pounds on such incentives. But now, a new report […]
Industry
April 6, 2023
New Funds to Help Spelinspektionen Target Unlicensed Operators
The Swedish Gaming Authority (Spelinspektionen) is likely to receive new funds to help its mission to enhance the supervision of the gaming market in the country and oust unlicensed operators. Combat Organized Crime The Swedish government proposed legislators increase the budget allocated to Spelinspektionen in 2023 by SEK2.4 million ($230,360) to boost the watchdog’s capabilities […]
