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Gambling News - 'Business'
Business
September 29, 2023
Bally’s Lease Deal with the Trump Organization May Cost $100M
Earlier this month, the Trump Organization considered leasing the Trump Golf Links Ferry Point, a city-owned golf course in the Bronx to Bally’s. The casino giant continues its negotiations with the Trump family, with a New York casino license on the line. According to an earlier report, the golf course lease would be handed to […]
Business
September 28, 2023
Better Collective Plans Dual Listing on Nasdaq Copenhagen
Better Collective, a Nasdaq Stockholm-listed company, unveiled its plans for a second listing. As announced by the company, it plans to also list its shares on Nasdaq Copenhagen. Providing a few insights into its intentions, Better Collective informed the public that the second listing would, if approved, occur during the final quarter of the year. […]
Business
September 28, 2023
888 Holdings Cautions Investors as Q3 Performance Falls Below Expectations
Leading betting and gaming group 888 Holdings has issued a cautionary statement to its investors, indicating that its Q3 performance may fail to reach initial expectations. The London Stock Exchange (LSE)-listed company remained optimistic that this downturn would remain temporary, expecting a swift recovery in 2024. This announcement closely mirrors that of Entain, signaling a […]
Business
September 27, 2023
RMG Names Scott Smith NED as Chair Lewis Exits the Team
Racecourse Media Group (RMG), an organization encompassing a number of British racecourses, has appointed the experienced Scott Smith as a non-executive director. According to the company, the new hire will step into the office on October 1, 2023. Smith currently serves as the chief financial officer of the England & Wales Cricket Board (ECB). He […]
Sports
September 25, 2023
BetMGM Sportsbook at The Banks Is Ready to Welcome Buckeye Fans
Gambling giant BetMGM has announced the opening of a new sportsbook in downtown Cincinnati. BetMGM Sportsbook at The Banks is now ready to welcome its first guests. Previously located at the Great American Ball Park, the sportsbook has now been moved to its permanent spot. The property boasts a 350-square-foot video wall and 42 TV […]
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 […]