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Gambling News - 'Business'
Business
October 6, 2023
Continent 8 Appoints Industry Veteran as Director of Regulatory Affairs
Continent 8 Technologies, an award-winning provider of managed hosting, connectivity, cloud and security solutions, has reinforced its team with a major new appointment. As announced, the company will welcome the seasoned regulatory veteran Jeremie Kanter to its team, putting him in charge of Continent 8’s compliance-related matters. As a member of Continent 8, Kanter will […]
Business
October 6, 2023
MGM Resorts Cybersecurity Issue to Impact Q3 2023 Earnings
MGM Resorts International has revealed that the recent cybersecurity incident, which caused widespread disruptions across its North American operations, will have significant repercussions beyond damage to its reputation. The attack caused chaos and confusion among clients, with an upcoming lawsuit already in the works. Data breaches further exacerbated the issue, giving the hackers access to […]
Casino
October 6, 2023
Sightline’s New Deposit+ Tool Taps into Idle Slot Cash
Sightline Payments, a provider of award-winning cashless, mobile, and loyalty solutions, has introduced a revolutionary new solution called Deposit+. The latest addition to Sightline’s arsenal was described as a “groundbreaking new tool that empowers casinos to access all idle cash across the entire slot floor.” The new solution provides casino operators with daily access to […]
Business
October 5, 2023
Konami Gaming Appoints Five New Directors
Konami Gaming has introduced major changes to its leadership team, announcing a series of new promotions. The company’s sales and business development teams will be reinforced with experienced new individuals whose job will be to help the company explore opportunities in key markets. Among the new appointees are Josh Faish and Justin Torres who have […]
Business
October 5, 2023
NagaCorp’s Financial Confidence Rises with Improved VIP Gaming
Prominent Hong Kong-listed casino operator NagaCorp remained confident it would fulfill its financial commitments, particularly as it approaches the maturity date of its outstanding senior notes in July 2024. This optimism is underpinned by the company’s bolstered cash reserves, significantly enhanced due to the stellar performance of its flagship property, the Cambodian integrated resort NagaWorld. […]
Business
October 4, 2023
Paddy Power to Close 21 Shops, Promises to Support Affected Employees
Irish gambling company Paddy Power is set to close several shops in the country, local media outlets announced. According to the reports, the operator will be shutting down a total of 21 of its retail locations across Ireland. The company plans to close the venues in question because of their failure to perform well enough. […]
Business
October 4, 2023
Mkodo Provides Geolocation Services to the Arizona State Lottery
Mkodo, a Pollard Banknote-owned supplier of mobile and front-end technology, has made a foray into the United States thanks to a partnership with the Arizona State Lottery. Under the agreement, the former company will supply the lottery operator with its robust geolocation tool, GeoLocs. GeoLocs is a reliable geolocation service that Pollard Banknote and mkodo’s […]
Business
October 3, 2023
Allwyn Rebrands Camelot Illinois as Allwyn North America
Allwyn, a major international lottery company, has unveiled its intentions to rebrand Camelot Illinois, one of its subsidiaries, as Allwyn North America. The move follows Allwyn’s acquisition of the Camelot Lotteries Solutions group and reflects the former company’s ambition to form a consistent brand identity. According to Allwyn’s official announcement, the rebranding is in line […]
Business
October 3, 2023
Amelco Continues European Expansion with Hungarian Tech Hub
The sports betting and platform supplier, Amelco, continues to expand its presence in Europe. The company has announced that it created a new tech hub office space located in the city of Pécs, Hungary. The new office location of the company complements its ongoing growth and is expected to play a pivotal role in its […]
Business
October 2, 2023
Super Group Exits India Following the Introduction of New Regulations
Super Group, a holding company for leading global online sports betting and gaming businesses, has announced its departure from the Indian market. The announcement comes in the wake of the introduction of amendments to the Indian Goods and Services Tax. Into power as of October 1, these changes would cause trouble for the group, making […]