Gambling News - 'Business'
Casino
September 12, 2023
Mohegan Inspire Complements $5 Billion Resort Opening with Key Leadership Changes
Mohegan Inspire, a groundbreaking resort project by the Mohegan Tribe, is set to redefine luxury and entertainment in Incheon, South Korea. As the $5 billion project approaches its eagerly awaited opening, it has unveiled an updated leadership team, bringing a wealth of experience to ensure the success of this ambitious venture. Experienced Leadership Is Vital […]
Business
September 11, 2023
Sportech to Depart from the AIM and Re-Register as a Private Company
Sportech considers departing from the London Alternative Investment Market (AIM) and re-registering as a private limited company. The delisting proposal follows a thorough evaluation of the company’s business by the board of directors, which explored potential benefits and drawbacks. The review acknowledged “significant burdens”, both financial and non-financial, associated with Sportech’s status as a public […]
Business
September 11, 2023
ATO to Return $53M to Tabcorp Following Tax Dispute Resolution
Earlier today, Tabcorp, Australia’s largest gambling company, announced that it has reached a resolution to a tax dispute with the Australian Taxation Office (ATO). The resolution concerns income tax treatment of payments for various licenses and authorities. Tabcorp has already paid the disputed amount of tax liabilities and interest in full, the company announced. However, […]
Business
September 8, 2023
Flutter Entertainment Parts Ways with NED Mary Turner
Gambling giant Flutter Entertainment announced that it is parting ways with Mary Turner, one of its non-executive directors. According to the announcement, the Canadian national will officially leave the board at the end of September, ending a three-year tenure. In addition to departing from her position as a NED, Turner will also resign as chair […]
Business
September 8, 2023
Nick Wright Gets Designated as Blueprint Gaming’s New CCO
Blueprint Gaming, a leading developer of slot games, has introduced a new addition to its leadership team, naming the experienced Nick Wright as its new chief commercial officer. The new hire will strengthen the company’s leadership, allowing it to double down on its goals. The hire’s appointment comes as Blueprint Gaming continues to grow its […]
Business
September 7, 2023
OpenBet Welcomes Sam Depoortere as VP of Platform Products
OpenBet, a leading provider of technology, content and services to the sports betting industry, has reinforced its product leadership. As announced, the company has appointed the experienced Sam Depoortere as its new vice president of platform products and will rely on him to drive innovation. In his new position, Depoortere will leverage his years of […]
Business
September 7, 2023
STS Group Strengthens Leadership Position with Impressive H1 Results
STS Group’s H1 trading results revealed a remarkable increase in net gaming revenue and impressive growth across most metrics. These stellar financial results underscore the company’s potential ahead of the upcoming Entain acquisition as the gambling giant focuses on the Central and Eastern Europe (CEE) region. The deal should significantly bolster STS’ growth potential and […]
Business
September 6, 2023
Betsson Completes $80M Bond Issue, Considers M&A Activity
A day after launching in Serbia, Betsson unveiled its plans for further expansion through acquisitions. As announced, the gambling group has completed a EUR 75 million (around $80.4 million) bond issue to fuel its M&A ambitions. The company explained that the issue is under a framework of up to EUR 250 million ($267 million) and […]
Industry
September 6, 2023
Veikkaus to Undergo Restructuring ahead of the Upcoming Reforms
Veikkaus, a Finnish entertainment body currently acting as a gambling and lottery monopoly, is preparing for major system changes that will see a licensing model introduced in the country. Soon, Finland will begin the process of expanding its gambling industry, effectively putting an end to Veikkaus’ hegemony over the market. Finland’s government decided to terminate […]
Casino
August 31, 2023
Finlandia Casino Rebrands to Winlandia Aiming for Global Gaming Dominance
After a decade of captivating Finnish players under the name Finlandia Casino, the renowned online casino has undergone a major rebranding initiative and emerged as Winlandia. Winlandia’s Vision: Expanding Across Europe with Personalized Gaming What originally began as a dedicated online casino platform for Finnish players has now evolved into a broader vision. Winlandia is […]