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Business
September 25, 2023
Renowned Solicitor Bolsters Curaçao Gaming Control Board
In a pivotal development, Hilary Stewart-Jones, a seasoned solicitor with over three decades of experience, has been appointed an advisor to the Curaçao Gaming Control Board (GCB). Her extensive legal background and expertise make her an invaluable addition as Curaçao embarks on a landmark transformation of its gambling regulations, signaling a momentous shift for the […]
Business
September 25, 2023
The Star Entertainment Group to Raise $770,000 to Cover Existing Debts
The Star Entertainment Group, an Australian casino and hospitality company, continues to encounter financial trouble following its recent regulatory hurdles. Amid these difficulties, the company unveiled its plans to raise AUD 1.2 billion (around $770,000) to reinforce its business and deal with existing debts. As outlined in an ASX announcement, Star Entertainment will use a […]
Casino
September 25, 2023
Japan Greenlights Revised Osaka IR Implementation Agreement
The central government of Japan has greenlit a revised implementation agreement for Osaka’s integrated resort project. Compiled by the Osaka Prefecture and the MGM Resorts consortium, which are behind the project, the plan would allow a formal agreement to be signed later this month. The approval was announced by Japan’s Minister for Land, Infrastructure, Transport […]
Business
September 21, 2023
Play’n GO Becomes a Signatory of The Climate Pledge
Play’n GO, a Swedish-based casino entertainment provider, has signed The Climate Pledge, joining a community of over 400 other companies. By joining the initiative, the supplier has reiterated its commitment to a sustainable and environment-friendly future. The Climate Pledge was created in 2019. The initiative requires all participants to reduce their carbon emissions, eventually achieving […]
Industry
September 19, 2023
New Jersey’s Operators Earned $531.6M in August
The New Jersey Division of Gaming Enforcement, the state’s gambling regulator, published information about the financial performance of licensed gambling operators in August. According to the report, the local gaming and betting industry has earned a total of $531.6 million for the month. In addition to exceeding August 2022’s results, the year-to-date total gaming revenue […]
Business
September 18, 2023
GiG CEO Richard Brown Transitions to Board Advisory Position
Gaming Innovation Group (GiG) has announced that Richard Brown is stepping down as CEO and moving to a board advisory position until 31 December 2023. This change is effective immediately and complements the company’s long-term restructuring efforts. The split should unlock the full potential of each business unit by providing them with enhanced strategic and […]
Business
September 13, 2023
Sean Wilkins to Succeed Yariv Dafna as 888 CFO
Gambling giant 888 Holdings has announced the appointment of Sean Wilkins as its new group chief financial officer. Wilkins will step into the office on February 1, 2024, succeeding the incumbent CFO Yariv Dafna. Dafna will step down earlier, departing from the company on October 2, 2023. The CFO role will be temporarily handed to […]
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, […]
