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Casino
July 7, 2022
Andrew Lo Steps in as Executive Director for Suncity Group
Suncity Group Holdings finally has a new executive director with Andrew Lo Kai Bong assuming the position. This comes shortly after Lo increased his stake in the company to 74.98%, in what is rumored to be a buyout of the previous director’s shares. Alvin Chau, the former chairman of the company, was arrested back in […]
Industry
July 6, 2022
Ibex.ai’s CRM to Bolster Aardvark Technologies’ Platform
Supplier of artificial intelligence (AI)-based marketing solutions Ibex.ai signed a partnership with online gaming technology and solutions provider Aardvark Technologies to further strengthen Aardvark’s industry appeal. Personalization and Automation at Its Highest The agreement between Aardvark Technologies and Ibex.ai will allow customers at the iGaming tech provider to gain access to Ibex.ai’s innovative customer relationship […]
Business
July 6, 2022
High 5 Games Secures iGaming License in Pennsylvania
The New York-based casino game provider High 5 Games received an Interactive Gaming Manufacturer License from The Pennsylvania Gaming Control Board. With this regulatory hurdle cleared, the company will be able to market its services to the state’s operators. The Slots Developer Now Operates in Four US States Twelve of High 5’s slot games are […]
Casino
July 6, 2022
Jacks.nl to Offer Gamban to its Users for Free
Jack’s Casino & Sports, also known as Jacks.nl, has demonstrated its commitment to safer gambling by launching a very special offer to its customers. The Dutch operator will offer its players a free Gamban subscription. Jacks.nl Wants to Protect Its Customers Gamban is a responsible gaming software that allows punters to exclude themselves from online […]
Industry
July 6, 2022
BIT: UK Operators Put Customers at Higher Risk of Harm
Launched on September 15, 2021, by leading behavioral science research and consultancy firm Behavioral Insights Team (BIT), the Gambling Policy & Research Unit develops testing methods that can drastically cut gambling harm in the UK. The Unit has recently published the findings of an audit completed on ten UK gaming operators. The purpose of the […]
Business
July 6, 2022
Fitch Lowers Crown’s Rating Post-Blackstone Takeover
Crown Resorts, Australia’s largest gaming operator, recently sold its business to The Blackstone Group, a real estate and private equity firm. As a result, Fitch Ratings, a major rating agency, downgraded its rating of Crown’s business. Fitch Changed Its Ratings Soon after Blackstone completed the deal, Fitch lowered Crown Resorts’ Issuer Default Rating from BBB […]
Casino
July 6, 2022
Wynn Macau to Replace Ian Michael Coughlan in February 2023
Wynn Macau Limited, the company that operates and owns Wynn Macau, announced a key leadership change. Ian Michael Coughlan to Step Down from His Position Next Year The company announced today that its current president, Ian Michael Coughlan decided to step down from his position. The change is effective as of March 1, 2023, the […]
Industry
July 6, 2022
Video Gaming Terminal Expansion Proposed by York Rep
Republican Party member Seth Grove, who is vouching for York in the Pennsylvania House of Representatives, is about to propose a bill that will allow more truck stops to receive video gaming licenses. Grove’s Bill Proposal During the delayed negotiations on the budget, which were supposed to be over on June 30, York representative Seth […]
Casino
July 6, 2022
RCMP Busts Casino Money-Laundering Scheme
The Hamilton-Niagara branch of the Royal Canadian Mounted Police (RCMP) has uncovered a massive money-laundering scheme involving casinos in Niagara and the Greater Toronto Area and money coming from drug trafficking and marijuana cultivation. Over $2.3 Million Laundered Through Casinos As a result of a sophisticated investigation, which started as far back as 2017, five […]
Casino
July 6, 2022
Global Recession May Have Minor Impact on Macau’s Gambling Industry, Claims Report
While the pandemic is yet to reside and Russia’s invasion of Ukraine is ongoing, chances of a global recession are far from slim. The hospitality and entertainment industries are the ones that may feel the impact of a possible recession. However, a new report suggests that a global recession may have a minor impact on […]
