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Gambling News - 'Business'
Business
June 5, 2024
DraftKings Arrives on BofA’s US 1 List Despite Slight Dip in Stock Price
Over the last month, a decrease was observed in DraftKings’ stock price. Trading at $35.52 as of the market close on Tuesday, the price marked a 19.40% decrease in the last month alone. Despite the weak performance, DraftKings was recently added to the Bank of America’s US 1 List, a list that gathers some of […]
Business
June 4, 2024
Crown Resorts Names Borghetti Chair as McBeath Steps Down
Australian casino and hospitality giant Crown Resorts announced that its board of directors has designated the experienced John Borghetti as its new chairman. The appointment follows William McBeath’s recent decision to step down as chair and instead focus on his NED responsibilities. McBeath was named chair in July 2022, shortly after the company was acquired […]
Industry
June 4, 2024
Spain’s GGR Soars in Q1 as Interest in Gaming Grows
Spain’s gambling market continues to grow, as demonstrated by the local regulators’ latest GGR figures. In its report for the first quarter of 2024, the Directorate General for the Regulation of Gambling (DGOJ) highlighted gross gaming revenue of approximately EUR 350.7 million ($381.5 million). The reported figure notably represents an 11.2% increase compared to Q4 […]
Business
June 4, 2024
Bragg Gaming Appoints Robbie Bressler as Interim Chief Financial Officer
Bragg Gaming Group, a leading global iGaming technology and content provider, announced today the appointment of Robbie Bressler as interim chief financial officer, effective 1 July 2024. Bressler’s industry expertise will be invaluable for helping the company capitalize on emerging growth opportunities and achieve sustained profitability despite rising macroeconomic challenges. The New Interim CFO Has […]
Business
June 4, 2024
GiG Designates Phil Richards as CFO of Platform & Sportsbook
Gaming Innovation Group (GiG) has announced a significant addition to its C-suite, naming the experienced Phil Richards as the new chief financial officer for Platform & Sportsbook. The latest addition is in line with the ongoing strengthening of the division’s senior executive team under the guidance of CEO Richard Carter. GiG described the appointee as […]
Business
June 3, 2024
GiG to Acquire Casinomeister in a $3.25M Deal
Gaming Innovation Group, a leading gambling affiliate and iGaming platform provider, has announced its strategic acquisition of Casinomeister, a casino advocacy and review platform. The new acquisition will reinforce GiG’s business, cementing its commitment to providing better player services to its iGaming partners. According to the announcement, GiG will purchase Casinomeister in a €3 million […]
Business
May 31, 2024
Kaizen Enhances Leadership with Two Major Appointments
Kaizen Gaming, a leading global GameTech operator, has unveiled a major leadership addition. According to the company, Aris Dimarakis, its chief operating officer, will now also undertake the role of deputy chief executive officer. According to Kaizen Gaming, Dimarakis will step into the office on June 1, 2024. As the company’s chief operating officer, Dimarakis […]
Casino
May 29, 2024
Harrah’s Cherokee Valley River Unveils Milestone Expansion
Harrah’s Cherokee Valley River has unveiled a 25,000 sq. ft. expansion of its casino floor, marking a substantial milestone in the $275 million development project. This significant addition introduces a diverse selection of gaming options to North Carolina bettors, elevating the casino’s offerings to new heights. The venue is one of three currently offering retail […]
Industry
May 29, 2024
Culinary Union Fails to Reach Definitive Deal with Virgin Hotels
The dispute between the Culinary Union and Virgin Hotels Las Vegas seems to be at a standstill as the two sides fail to define mutually agreeable terms. While the casino company recently offered a proposal, the union said that the terms were “unacceptable.” Virgin Hotels and the Culinary Union have been trying to reach an […]
Industry
May 27, 2024
Report Highlights the Pros and Cons of Working at an MA Casino
A Massachusetts casino report shows that many gambling properties in the state are meeting their hiring goals in terms of diversity and veteran hiring. Despite that, the new Casino Job Quality report shows that there are still some outstanding challenges in terms of female employment and how much workers earn. The new study was […]