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Gambling News - 'Business'
Business
November 22, 2024
Wynn Shares Al Marjan Casino Update, Says Building Is 55% Complete
Wynn Resorts announced that the construction of its Al Marjan Island casino resort is progressing well, moving the company closer to realizing its UAE casino ambitions. The company hopes to complete the overall property by December 2025. The Construction Is Progressing Well According to Wynn’s announcement, 55% of the structural concrete is now complete. The […]
Sports
November 21, 2024
Analysts: Paul vs. Tyson to Bolster Sportsbooks’ Q4
Macquarie and JMP Securities analysts have highlighted the benefits of the recent boxing match between Jake Paul and Mike Tyson. While the game was unorthodox and controversial, its extraordinary nature was precisely what glued millions of sports enthusiasts to the screens. Analysts Forecast Strong Q4 for Sport Betting Thanks to the Fight The clash between […]
Industry
November 20, 2024
Catskill OTB to Shut Down After 48 Years Due to Financial Struggles
After nearly five decades of operation, Catskill Regional Off-Track Betting Corporation (OTB) will cease accepting wagers at the end of this month. The closure marks the culmination of an almost decade-long financial struggle, coupled with mismanagement and failure to adapt to New York’s rapidly shifting gambling landscape. The Company Faded into Irrelevancy Catskill OTB, which […]
Business
November 20, 2024
BC.Game Goes Bankrupt Not Long After $40M Deal with Leicester City
BC.Game, an online gambling operator famous for sponsoring Leicester City FC, could face potential trouble as its parent companies have been declared bankrupt. This announcement comes only four months after the agreement with the soccer club was signed. The Court of Curaçao Declared BC.Game’s Parents Bankrupt According to a report by casinonieuws.nl, the Court of […]
Industry
November 20, 2024
Sweepstakes Operator Legendz Hits the US, Launches in 43 States
Despite the pushback against sweepstakes in the US, major companies continue to eye the lucrative American market. The latest sweepstakes casino operator to join the fray is Legendz Social Casino & Sportsbook, which will offer its products in a whopping 43 states. Legendz Will Be Available to Millions of Americans As mentioned, Legendz’s products will […]
Business
November 19, 2024
Codere Online Faces Nasdaq Delisting, Appeals Decision
Codere Online Luxemburg is facing Nasdaq delisting because of a delayed form submission. The company has decided to appeal the motion, arguing that its delay is due to an ongoing audit of its 2023 financials. The Company Has Delayed Its Form 20-F for 2023 In its official release, Codere Online explained that, on November 12, […]
Business
November 18, 2024
Flutter Appoints PokerStars Exec Kevin Harrington as UK&I CEO
International gambling giant Flutter Entertainment has introduced a major addition to its UK & Ireland team, naming the seasoned Kevin Harrington as its new CEO for the region. The appointment is a part of the company’s reorganization of its international division and aligns with its new two-division structure. Harrington to Succeed Brown in February Kevin […]
Business
November 18, 2024
Light & Wonder iGaming CEO Steps Down
Dylan Slaney, the chief executive officer of iGaming at Light & Wonder, has announced his decision to step down. Reminiscing about his time with the company, the outgoing executive said that his stay at L&W has been pleasant and inspiring. Slaney’s Departure Is a Personal Decision Slaney, who joined the Light & Wonder family in […]
Business
November 18, 2024
Sweepstakes Giant VGW Names Industry Specialist Angus Tiet as CFO
Sweepstakes giant Virtual Gaming Worlds (VGW) has named gaming industry powerhouse Angus Tiet as its new chief financial officer. A seasoned veteran, Tiet will empower the company with his robust experience, allowing it to continue growing amid growing regulatory challenges in the US. A Seasoned Veteran Joins the VGW Family As the new CFO of […]
Business
November 15, 2024
Greentube Expands NJ Foothold with Hard Rock Digital Launch
Novomatic’s Digital Gaming and Entertainment division Greentube has inked a fresh partnership deal with Hard Rock International’s joint venture with gaming industry veterans, launched in December 2020, Hard Rock Digital. Through the agreement with the platform “where Hard Rock entertainment and online gaming come together,” Greentube plans to bring its award-winning content portfolio to the […]