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Casino
June 14, 2022
Jade Entertainment CEO Takes Stock of Philippines Black Market
Jade Entertainment CEO Joe Pisano recently penned a contribution article for Asia Gaming Brief in which he discussed the state of illegal gambling in the Philippines and the active steps taken that can be taken by the regulator, the Philippine Amusement and Gaming Corp. (PAGCOR), consumers and other entities in tackling the issue. While much […]
Business
June 14, 2022
Former Penn National Employee Charged by USA SEC With Insider Trading
A former software engineer has caught SEC’s eye trading based on the company’s future acquisition plans. Insider Trading in Face of Acquisition The Securities and Exchange Commission (SEC) announced it is charging former director of backend architecture at Penn Interactive Ventures (PIV) David Roda, aged 36, with insider trading. Charges stem from the company’s acquisition […]
Industry
June 14, 2022
ASA Warns Gambling Companies about Content Marketing
The Advertising Standards Authority, the UK’s advertisement watchdog, has issued a new warning to gambling companies in general that they will be held to the highest industry standards regarding their marketing practices across all forms of content. As a result, content marketing communications have to comply with established advertisement rules, ASA said. Editorial Content, Content […]
Casino
June 14, 2022
Casino Workers to Vote on General Strike in Atlantic City
Despite the gambling industry in Atlantic City is in a fairly good place, a workers union will vote on Wednesday to call a strike against the city’s casinos, and some of the biggest employers, with whom they have failed to establish new contract agreements. New Contract Agreements Become Apple of Discord While city casinos are […]
Business
June 14, 2022
Entain to Buy BetCity for up to €850M as It Enters Dutch Market
Gambling and entertainment industry behemoth Entain has announced that it has agreed to acquire online sports betting and gaming brand BetCity for an initial consideration of €300 million ($312.9 million). There will also be a deferred contingent consideration of up to €550 million ($574.5 million). The deal itself may be worth up to €850 million […]
Lottery
June 14, 2022
UK Couple Wins $224M and Buys Volvo V60 Wagon
A UK couple has “gone on a tear,” reveling in their new-found fortune after landing a massive payout from the EuroMillions lottery draw this past May. The couple ended up winning the eye-watering £184 million ($224 million) and will have the opportunity to enjoy it by treating themselves to some long-denied pleasures. The Heart Wants […]
Casino
June 14, 2022
Man with Gambling Addiction Sentenced to Six Years
An Australian man with a gambling problem will spend almost seven years in prison after a jury found him guilty of defrauding an acquaintance from AU$2.7 million or roughly $1.9 million. The culprit, one Munir Muzafar Fakrud Hassanali, fleeced his 66-year-old victim out of money over the course of two years. Hassanali convinced the person […]
Legal
June 13, 2022
German District Court Ordered Betano to Reimburse Player
Online gambling brand Betano will have to reimburse a client’s losses after a German court found it in breach of the obligation to enforce player limits. Enforce the Monthly Loss Limit The brand owned by Greek game tech company Kaizen Gaming was ordered by the German District Court of Ludwigslust to compensate a client who […]
Industry
June 13, 2022
Bragg Named Industry Veteran Sherman as Its New CEO
Bragg Gaming, a global gaming tech and content company, has acquired a seasoned industry heavyweight to head the company. Yaniv Sherman, a gaming veteran with 20 years of experience, will be joining as chief executive officer. Bragg Picked Sherman for His Vast Experience According to the announcement, Sherman will be stepping into office on June […]
Industry
June 13, 2022
ComeOn to Expand Product Offering via Black Cow Agreement
Online casino gaming operator ComeOn Group announced today it has entered into a deal with the developer of remote game server (RGS) software Black Cow Technology. Differentiate Product Offering The agreement between ComeOn Group and the market-leading B2B supplier of RGS solutions Black Cow Technology will see the Malta-licensed gaming operator harness the power of […]
