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Industry
May 18, 2022
Light & Wonder Seeks Growth, Envisions $1.4B EBITDA
Scientific Games, now rebranded as Light & Wonder, has ambitious plans to expand its business. The company seeks to benefit from the growing gambling market and targets a consolidated adjusted EBITDA of $1.4 billion by 2025. The Company Will Optimize Its Business Light & Wonder revealed its plans on Tuesday when it explained its growth […]
Industry
May 17, 2022
BtoBet Teams Up with Bet237 to Expand African Footprint
BtoBet, an iGaming and sports betting platform and services provider, has teamed up with Ngnatat Sarl Trading, a Cameroon-based omnichannel operator. Thanks to this agreement, BtoBet will be able to expand its footprint in the African country. BtoBet Expands Cameroon Footprint As per the deal, BtoBet will power Ngnatat Sarl Trading with its state-of-the-art sportsbook […]
Industry
May 17, 2022
DraftKings, Bally’s Acquire Kansas Market Access via Boot Hill Casino
DraftKings and Bally’s Corporation secured market access in Kansas through agreements with the subsidiary of Butler National Corporation that manages Boot Hill Casino & Resort in Dodge City. Awaiting Regulatory Approvals The agreements Butler National, a leader in special mission aircraft modifications and provider of gaming industry professional management services, signed with Boston-based DraftKings and […]
Industry
May 17, 2022
Pragmatic Play Inks Milestone Content Deal With bet365
The leading content provider for the iGaming and betting industry, Pragmatic Play, announced a new groundbreaking deal with bet365, the global online sports betting company. bet365, Pragmatic Play Ink New Content Deal The terms of the new milestone deal sees Pragmatic Play launch its complete slots portfolio for bet365 customers. The collaboration will further strengthen […]
Industry
May 17, 2022
William Hill Forays into Latvia through 11.lv
William Hill, a UK-based online gambling company, has expanded its footprint in Europe by launching new sports betting in Latvia. William Hill Forays into Latvia The operator will gain entry to the country thanks to its previous deal with the local operator 11.lv. William Hill acquired the Latvian company in 2019 and will now use […]
Industry
May 17, 2022
Bristol University Now Hosting a New Gambling Harms Research Center
In the context of gambling addiction numbers going back to the alarming levels prior to the pandemic, the University of Bristol has opened a Gambling Harms Research Center (GHRC). The center’s main goal is to provide further help to the 1.4 million addicts while exploring additional layers of harmful gambling on the general public. The […]
Industry
May 17, 2022
Wynn and MGM China Found Jointly Liable in Nine VIP Room Cases
The Court of Final Appeal in Macau has decided that MGM China and Wynn Macau share liability in nine cases related to lost deposits at VIP rooms. The nine cases were recorded at Dore Entertainment Co LTD’s VIP room and the former VIP room belonging to Sun City Gaming Promotions Co LTD located at an […]
Industry
May 17, 2022
Law Will Allow Macau to Alter Casino GGR Requirements
Macau’s gaming laws have been the main topic of discussion in the recent period and now, it has been revealed that the government of this special administrative region will have the power to alter the minimum required GGR that concessionaires need to reach based on economic conditions. Macau’s Gaming Law is Facing Several Amendments Apart […]
Industry
May 17, 2022
Rhodes Discussed Affordability and the Black Market
Andrew Rhodes, the new chief executive officer of Britain’s Gambling Commission, says that affordability should be the priority. According to him, there is a balance to be found between engaging play and safe gambling. Affordability Is the Priority In light of the current Gambling Act review, Rhodes believes that the UKGC and its licensees must […]
Industry
May 17, 2022
Carolina Panthers’ Owner Invested in Las Vegas Sands and Wynn Resorts
David Tepper, the owner of the Carolina Panthers, expanded the equity portfolio of Appaloosa Management, his personal hedge fund. The NFL franchise owner invested in two gambling companies, namely Las Vegas Sands and Wynn Resorts. Appaloosa Expects the Share Prices to Go Up Tepper’s investments in Sands and Wynn Resorts were the only new equity […]
