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Gambling News - 'Business'
Business
September 6, 2024
DraftKings: Live Betting Improvements Are Key to Increased Market Share
DraftKings CEO Jason Robbins provided an insight into his company’s plans for the NFL season. According to him, his company might be able to catch up to FanDuel this season and cut into its competitors’ revenue share. DraftKings Hopes to Challenge FanDuel DraftKings and FanDuel have long exerted dominance over the US betting sector, competing […]

Business
September 6, 2024
New Jersey’s DGE Penalizes Borgata over Underpaid iGaming Taxes
New Jersey’s gambling regulators understood that the Borgata Hotel Casino & Spa, one of the biggest casinos in Atlantic City, has underpaid its iGaming taxes twice. The property, according to reports, did so by taking approximately $15 million more in credits than it was entitled to. Borgata Was Forced to Pay the Money It Owed […]

Business
September 5, 2024
Novig Launches Sweepstakes Platform in the US
Novig, an ambitious sweepstakes startup, has launched in 42 US markets and Washington DC. Despite the somewhat controversial nature of sweepstakes, the prediction operator hopes to disrupt the market with innovative content that doesn’t put customers at a disadvantage. Novig Makes Big Promises Novig’s nationwide launch hopes to channel thousands of players who have been […]

Business
September 4, 2024
Kambi Chairman Weighs In on Recent Acquisition Rumors
Kambi the industry’s trusted provider of a range of sports betting services to licensed B2C gaming operators, has commented on the ongoing media speculation about its acquisition by another party. Kambi Denies the Rumors Recent rumors strongly suggested that Genius Sports, a sports data and technology company, has approached Kambi with an acquisition offer. This […]

Industry
September 4, 2024
Veikkaus to Renegotiate Contracts as Finland Readies Licensing Model
Veikkaus, Finland’s gambling monopoly, commented on the country’s upcoming shift to a licensing model. As the operator previously warned, the change would likely lead to job cuts. As a result, Veikkaus is set to renegotiate contracts with almost 620 employees. Veikkaus to Renegotiate Up to 620 Contracts Finland announced its intention to shift from the […]
Business
September 3, 2024
Betsson to Leave the US B2C Market by the End of September
Betsson, an online betting operator, has confirmed its B2C exit from the highly competitive US market. The company’s decision comes amid an ongoing exodus that has seen several B2B and B2C brands leave. Betsson Will Exit Colorado Betsson announced its intention to cease operating Betsafe in America in a recent email to its players. Betsafe, […]
Business
September 3, 2024
Rdentify Introduces Milestone Update, Redefining Customer Experience and Protection
Rdentify, the AI-powered customer experience platform, has announced a game-changing update that further enhances its ability to create world-class customer experiences. This latest update cements Rdentify’s position as the leading responsible gambling tool for the iGaming industry while extending its functionality across the entire customer engagement spectrum. Customer Safety Remains a Leading Priority Rdentify was […]
Casino
September 3, 2024
Alliance Global to Construct a $301M Integrated Resort in the Philippines
The Philippines is awaiting the construction of a new integrated resort, which is set to channel more tourists toward the archipelagic country. The project is the brainchild of Alliance Global Inc’s Travellers International Hotel Group Inc (TIHGI) and is set to begin construction in 2025. TIHGI Hopes to Channel Tourists Toward Its New Property Initial […]
Business
September 3, 2024
ASX Suspends Star Entertainment over Missed Report Deadline
The Star Entertainment Group announced that it has been suspended from the ASX, Australia’s primary stock exchange. The suspension was enforced due to a missed deadline, according to an official ASX filing. The ASX Suspends The Star Entertainment The announcement was made on September 2 as The Star Entertainment was suspended from the ASX due […]
Industry
September 3, 2024
Protesters Accuse Evolution of Violent Attempts to Quash the Strike
The hunger strike of Evolution Georgia workers continues as the trade union behind the initiative reported violent attempts to suppress the protest. Evolution Georgia Workers Continue to Strike The protests were launched in July following claims of low wages and poor working conditions. In mid-August, it turned into a hunger strike, drawing further attention to […]