Gambling News - 'Business'
Business
July 16, 2024
SkyCity’s New CEO Steps into the Office, New CFO Named
SkyCity Entertainment Group announced on July 15 that its newly designated chief executive officer has stepped into the office. Jason Walbridge, who was selected as the next CEO in April, succeeded Julian Cook, who transferred to a directorial role. In the meantime, Callum Mallett stepped down from the role of interim chief executive officer. Mallet […]
Business
July 15, 2024
The Star Makes C-Suite Appointments, Reports Systems Disruption
Australian casino and hospitality leader The Star Entertainment Group announced new appointments to its C-suite. In an ASX update, the gambling company announced that it has appointed an interim group chief financial officer, as well as a new chief executive officer of it’s the Star Sydney property. As per the announcement, Neale O’Connell will now […]
Casino
July 15, 2024
Smart Chip Tray Creator Pushes Forward Despite the Setbacks
Darrell Ratliff, the developer of the innovative Smart Chip Tray, continues his efforts to cement his product as a staple at casinos despite all the difficulties he continues facing. A former US Marine, Ratliff hopes to leverage his product to eliminate cheating at casinos while reducing costs for gambling properties. The Smart Chip Tray uses […]
Business
July 12, 2024
ComplianceOne Reportedly Enters Insolvency Due to Financial Difficulties
ComplianceOne Group, a provider of compliance solutions to gambling operators, is entering insolvency, according to NEXT.io. The company’s chief executive attributed the development to the fact that his company had failed to secure enough contracts. CEO Antonio Zanghi told NEXT.io that his team will no longer be able to meet its financial obligations due to […]
Business
July 12, 2024
SaharaBets to Exit Arizona Following the Coyotes’ End
Sports betting operator SaharaBets announced its exit from the Arizona sports betting market, citing its licensing partner’s disbandment as the reason. The operator, which was partnering with the Arizona Coyotes, was left with no choice but to withdraw from the market once the franchise went defunct in The Grand Canyon State. For context, the Coyotes […]
Business
July 11, 2024
Isle of Man Regulator to Part Ways with CEO Steve Brennan
Steve Brennan announced that he will be stepping down as chief executive officer of the Isle of Man Gambling Supervision Commission (GSC) after almost two decades in the position. He confirmed that his departure will come toward the end of 2024. Brennan boasts some 38 years in the Isle of Man Government, the last 17 […]
Industry
July 10, 2024
David Power, Co-founder of Paddy Power, Passes Away at 77
David Power, a co-founder of the renowned bookmaker Paddy Power, passed away at 77. Power, who was instrumental in transforming a small Irish betting business into a global powerhouse, died peacefully at the Beacon Hospital in Dublin on Monday. Gaming giant Flutter Entertainment, which owns the Paddy Power brand, also expressed condolences. David Elevated the […]
Business
July 10, 2024
Super Group to Exit the US Sports Betting Market
Super Group Limited, a leading betting and gaming company, announced its exit from the United States’ sports betting market. Despite that, the company will continue to operate its iGaming business in two states. Super Group, which is the parent company of online betting and gaming operator Betway and iGaming specialist Spin, explained that this exit […]
Business
July 10, 2024
Prettyman Named SVP of Property Operations for Live! Casino Louisiana
Cordish Gaming Group has promoted from within, designating the experienced Bryan Prettyman as senior vice president of property operations for its Live! Casino and Hotel in Louisiana. Set to open its doors in Q1 2025, the casino resort is Cordish’s newest property. Prettyman is an experienced gambling industry employee, whose track record includes senior positions […]
Business
July 9, 2024
Rummy Leader Passion Gaming Reacquires Shares from Rank Group
Bobby Garg and Priya Kumar, the co-founders of Indian rummy operator Passion Gaming, have re-acquired all company shares from their investors and are back in control of the company. The company’s shareholders included global gambling giant Rank Group. Rank Group, through its Stride Investments subsidiary, had invested $5 million in Passion Gaming shares, comprising of […]