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Casino
June 20, 2022
New Study Makes Economic Case for Banning Casino Smoking
The debate on whether to ban smoking on casino floors has been one that has pitted workers, industry bodies, and the businesses themselves against each other. For the longest time, the presumption has been that should such a ban occur, it would immediately lead to a sharp downturn in revenue. Mounting evidence suggests otherwise so […]
Esports
June 20, 2022
Streamer Mathil Says xQc Would Sell His Audience for Money
Tensions continue to build up, triggered by xQc’s decision to embrace gambling streams. The latest to take a jab at the streamer is fellow content creator Mathil, known to his Path of Exile fans and for his clever antics, and packing a sizeable audience. xQc‘s Gambling Once Again Roasted by Fellow Streamer Mathil was triggered […]
Casino
June 20, 2022
37-Year-Old Man in India Takes Own Life over Gambling Debt
A 37-year-old man was found dead in his home in Manali, Himachal Pradesh, India. He committed suicide over gambling debt with his latest online gambling session resulting in a total debt loss of 20 lakh ($25,656). He is the latest victim of gambling-related harm in the country with India currently at crossroads as to how […]
Casino
June 20, 2022
Buford Charity Really a Front for Illegal Gambling
A charity in Buford may have been lining its pockets under a false pretense as the Little Kings and Queens, a Gwinnet Count-based non-for-profit organization, was recently named as an illegal gambling business. The organization argued that it’s raising money for various charitable campaigns to help members of the community, through toy giveaways, food drives, […]
Industry
June 20, 2022
Macau Continues Mass Testing While Keeping Casinos Open
China’s vainglorious attempt to keep the spread of the COVID-19 infection under to a zero has been punctuated by on-again-off-again lockdowns that have translated into a grim outlook about Macau’s recovery and plunging business bottom lines. On Monday, the Chinese territory has begun its second day of intensified testing which will take a sample from […]
Business
June 18, 2022
BetMGM Expands Betting and Gaming Operations to Carnival
A top three betting and gaming operator in the US is teaming with one of the largest cruise ship operators to provide retail and mobile gaming to cruise ship guests. Phased Rollout to US-Branded Carnival Ships BetMGM, one of the leading three sports betting and gaming operators in the US, alongside DraftKings and FanDuel, announced […]
Business
June 18, 2022
Betsson AB Placed €90m in New Senior Unsecured Bonds
Swedish-based gambling group Betsson AB announced this week it has managed to successfully place new senior unsecured bonds in the amount of €90 million ($94.23 million). Institutional Investor Interest The new bonds issued by Betsson AB are under a framework of up to €250 million ($261.75 million), have a tenor of three years, and bear […]
Business
June 18, 2022
NeoGames Finalizes Aspire Global Acquisition
iLottery platform provider NeoGames has completed its acquisition of Aspire Global, which started this January. 99.31% of the shares in Aspire Global were tendered, and any remaining shares will be subject to a compulsory sale around 11 August. The deal is worth SEK4.3billion ($440.0 million) and will result in the complete merger of the two […]
Business
June 17, 2022
Playtech Extends Negotiations Period with TTB Partners
Playtech has decided to extend TTB Partners’ period to submit a proposal for acquiring the former company. This was announced this morning by the gaming supplier’s board of directors. Playtech and TTB Partners to Continue Negotiations TTB Partners had to submit a proposal by June 17, which it failed to do. As per Playtech’s board’s […]
Legal
June 17, 2022
Texan Judge Dismissed Sightline’s Claims against Everi
A Texan judge has dismissed several of Sightline Payments’ claims against Everi Holdings. The two companies have had a legal quarrel since September last year. Sightline Claims Everi Infringed Its Copyright Sightline Payments is a payment solutions provider that had accused Everi Holdings, a slot machine and financial equipment provider, of infringing Sightline’s patents. The […]
