Gambling News - 'Business'
Sports
March 31, 2023
March Madness Benefits Operators in Vegas and Beyond
Once again, the NCAA Men’s College Basketball Championship, also known as March Madness, attracted countless sports betting aficionados to Las Vegas. Despite its efforts to distance itself from gambling, the annual tournament continues to attract millions of punters. The Nevada Independent’s Howard Stutz reported that the West Regional Championship, which is the first time Las […]
Business
March 29, 2023
Niaz Nejad Joins Light & Wonder as MD of Gaming for the Americas
Light & Wonder, a leading cross-platform global games company will expand its leadership team with Niaz Nejad as its new managing director of gaming for the Americas. As announced by the supplier, Nejad will be joining its ranks later this year, following the conclusion of her non-compete period. Nejad brings a whopping 25+ years of […]
Industry
March 29, 2023
Booming Games Adds New Product Owner and Marketing Manager
Booming Games, a rapidly-expanding developer of slots, has unveiled two new additions to its team. The iGaming experts Kaska Pysz and Dorota Gruszka will be joining the company as product owner and marketing manager respectively, the supplier announced. Booming Games explained that both of its new members boast years of experience in the iGaming sector […]
Casino
March 27, 2023
Tilman Fertitta Buying Hard Rock Lake Tahoe Hotel & Casino
Tilman Fertitta’s company owns five Golden Nugget Hotel and Casino properties. Following the transaction’s completion, there are plans to remodel Hard Rock Lake Tahoe into a Golden Nugget, expanding the company’s presence in the Northern Nevada market. The property was last remodeled in 2015 when Paragon licensed the Hard Rock name from the Seminole Indian […]
Industry
March 24, 2023
Brian Blake Bolsters IGT’s Leadership as the New VP of DEI
As VP of Diversity, Equity, and Inclusion (DEI), Blake will build on his previous successes with the NHL. His employee learning programs helped unify the organization and usher beneficial behavioral changes even among the senior executive team. Blake joins IGT at a pivotal moment for the company as it continues to pursue expansion through high-profile […]
Business
March 23, 2023
Affiliate Gambling.com Publishes Unaudited Q4 2022 Results
Gambling.com Group, a provider of iGaming digital marketing services, has posted its unaudited financial results for the fourth quarter of 2022. The company’s revenue skyrocketed and so did its net income. Gambling.com reported $21.3 million for the period, representing a stellar 107% year-on-year increase from Q4 2021’s $10.3 million. Net income increased to $4.4 million, […]
Business
March 22, 2023
Intralot’s New CCO Will Spearhead North American Expansion
The new appointment is the latest step amidst Intralot’s restructuring efforts. The gaming and lottery technology provider severely underperformed last year, but several promising high-profile agreements may herald substantial improvements. Bateson’s extensive industry experience and history of success may be just what the company needs to get back on its feet. The Company Is Trying […]
Business
March 22, 2023
Star Entertainment Appoints David Foster as Chairman amidst Ongoing Difficulties
The company is experiencing significant hardships after losing its New South Wales and Queensland licenses, owing hundreds of millions in fines and facing several class action lawsuits. Foster’s appointment is part of an ongoing process to remedy the company’s shortcomings, ensure compliance and contest unjust allegations. The new chairman remains optimistic regarding the company’s future […]
Casino
March 21, 2023
Dream Las Vegas Construction Stalls as Developers Run Out of Funds
Shopoff Realty Investments, one of the companies behind the project, is confident that the planned hotel is promising enough to draw additional investors. Rising inflation and other economic pressures almost doubled the construction costs, and the funding-related delays may push back the planned late 2024 launch. Despite ongoing difficulties, the developers remain optimistic and will […]
Casino
March 20, 2023
Toronto Gambling Expansion Threatens MSIFN Economic Health
The Great Canadian Casino Resort Toronto is expected to open its doors this summer. The announcement pleased many industry participants and punters were happy with the prospect. However, First Nation considered it part of a behavioral pattern that might threaten its economic health, as more gaming establishments in the area means a more fragmented market […]