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Gambling News - 'Business'
Business
October 26, 2023
QCI Onboards Alicia Hawkins as Gaming Business Intelligence Manager
Quick Custom Intelligence (QCI), a leading business intelligence solutions provider, has reinforced its team with the appointment of the experienced Alicia Hawkins as its new gaming business intelligence manager. Hawkins boasts 14 years in the gaming industry and will bring a wealth of experience to the team. She excels in driving business improvement through data-driven […]
Casino
October 26, 2023
Crockfords Casino Shuts Down after Almost Two Centuries in Business
Great Britain has parted ways with its oldest casino. The old property, unfortunately, had to close its doors, citing lack of custom as the reason. At almost two centuries old, the Crockfords casino boasted being the oldest one in the country. Originally founded in 1828 by William Crockford, a working-class fishmonger, the casino was, for […]
Business
October 26, 2023
Betting.online Domain Sold for $400,000 to Casino.online Group
The domain name betting.online went on sale and was purchased by the same group that previously secured casino.online. As announced, the domain registry operator Radix sold the domain for $400,000. The sale was facilitated by the secure payments specialist escrow.com and was conducted directly through the registry. The transaction is among the five highest domain […]
Business
October 25, 2023
GLPI Reportedly Mulls over Further Investment in Oakland A’s Vegas Stadium
Gaming and Leisure Properties (GLPI), a Wyoming-based real estate investment trust specializing in casino properties, might consider boosting its investment in a Las Vegas baseball stadium. The stadium in question will be on the site of Tropicana Las Vegas and has already secured $175 million from the company. This information comes from Mitch Germain, a […]
Business
October 24, 2023
Widerström Spends $1.16M to Double 888 Shareholding
Per Widerström, the new head of 888 Holdings, has purchased over a million company shares, drastically increasing his stake. The move highlights the new CEO’s confidence in the value of the company’s shares and his conviction that the shares will rebound. Widerström’s latest move saw him spend £949,000 (approximately $1.16 million) on a total of […]
Business
October 24, 2023
iTech Labs Parts Ways with Sreekumar, Names Rizaldi as New CEO
iTech Labs, a world-leading testing and certification laboratory for online gaming systems, announced that its founder, Kiren Sreekumar, has retired from his position as CEO and managing director. Sreekumar vacated his seat on October 11, in line with his planned retirement. Sreekumar founded iTech Labs in 2004 and, over almost two decades, cemented the company […]
Business
October 24, 2023
Light & Wonder Finalizes SciPlay Acquisition
Leading gambling products and services provider Light & Wonder has finalized the acquisition of SciPlay Corporation, a developer and publisher of digital games on mobile and web platforms. Announced earlier this year, the M&A deal was signed in early August. Under the deal, Light & Wonder acquired the remaining 17% equity interest in SciPlay for […]
Casino
October 19, 2023
Mohegan Tribal Gaming Authority Secures New Funding for Mohegan Inspire Project
The Mohegan Tribal Gaming Authority (MTGA), a US tribal casino operator currently developing the integrated resort Mohegan Inspire in Incheon, South Korea, announced a Third Amendment to its credit agreement. This update signifies a change in lenders and the addition of a new revolving credit facility, marking another step in the project’s financing journey. Mohegan […]
Industry
October 19, 2023
PGCB: Pennsylvania Gaming Revenue Reached $476.3M in September
The Pennsylvania Gaming Control Board (PGCB) has published its report for September, outlining the performance of the Pennsylvanian casino and betting industry. Reflecting the overall growth of the gambling industry in the United States, the Keystone State reported a revenue growth of 6.2%. According to the PGCB, all forms of gambling collectively earned approximately $476.3 […]
Industry
October 18, 2023
AGA Publishes Commercial Gaming Revenue Tracker for August
The American Gaming Association has published its latest Commercial Gaming Revenue Tracker, providing state-by-state and nationwide insight into the performance of the United States’ gambling industry. The August results suggest that the US gaming industry might be in for a third record-breaking year in a row. As reported by the AGA, casino gambling industry revenue […]