Business
August 31, 2022
Matt Wilson Announced as Light and Wonder Interim CEO
Since Scientific Games was rebranded to Light & Wonder, the company has been hitting the news cycle regularly, and pretty much almost all of the rounds it made were with positive headlines. It seems that the change in its top executive position is also a signal that things are running smoothly and according to plan. […]
Casino
August 31, 2022
Graton Rancheria Donate $3.5M to Construct Roseland Library
The Federated Indians of Graton Rancheria have long been supporting education with its UCLA donations, and scholarship funds and now we can add helping fund a regional library to the list of its generosity’s beneficiaries. Regional Library Project Close to Full Funding The Federated Indians of Graton Rancheria announced it’s made a $3.5 million donation […]
Industry
August 31, 2022
Huge US Sports Betting Turnover Poses Bigger Risk for Financial Crimes
The massive uptake of online gambling activities in the United States since sports betting was legalized in a number of states following a 2018 Supreme Court decision to throw away a ban on sports wagering has raised concerns that criminals may abuse the gambling sector to conduct diverse financial crimes or money laundering. The Massive […]
Industry
August 31, 2022
GAN: B2C President Karlsen Resigned, Replaced by SVP Nesset
Gambling software and technology provider GAN announced Monday a change of personnel in its B2C business after President Anders Karlsen stepped down and was succeeded by Endre Nesset. Placing High Hopes on Nesset Karlsen, who served as President of B2C, resigned effective August 26, 2022, from his roles at Coolbet and GAN families, the company […]
Legal
August 31, 2022
NSW Government Appointed Independent Casino Commission Members
The New South Wales (NSW) government announced in a public release on Tuesday it has appointed five new members to the State’s Independent Casino Commission ahead of the body’s commencement next week. Chief Commissioner and Members The Minister for Hospitality and Racing Kevin Anderson chose the current chairperson of the Independent Liquor and Gaming Authority […]
Casino
August 31, 2022
DraftKings Launches Rocket Game in Pennsylvania
DraftKings is on an innovation trajectory with the company launching an NFT marketplace more than a year ago and now, the company moving on with its Rocket game in Pennsylvania. The Rocket game follows the popular “crash game” mechanic whereby a spaceship tries to gain altitude, increasing your potential payout but running a risk of […]
Industry
August 30, 2022
Gambling.com: Q2 2022 53% Growth Offset by Expense Increases
Gambling industry affiliate services provider Gambling.com Group released Monday its financial report for the second business quarter of 2022, posting 53% growth in revenue. Impressive Revenue Growth For the three months ended June 30, 2022, the provider of performance marketing and digital marketing services to gambling operators generated $15.9 million in revenue, significantly increasing its […]
Casino
August 30, 2022
Marina Bay Sands Launches $1M Scholarship to Train Local Talent
Marina Bay Sands, a luxurious hotel in Singapore, offering hospitality and gaming, will launch a new scholarship program. Las Vegas Sands, which owns the establishment, will invest $1 million in the program, benefitting over 100 local students. MBS Launches a Scholarship Program According to a statement from Las Vegas Sands, the program is a part […]
Business
August 30, 2022
Pariplay Appoints Doina Stefanescu as the New VP of Delivery
Pariplay, a subsidiary of NeoGames, has appointed Doina Stefanescu as the new VP of delivery. Stefanescu joined the company from DraftKings where she most recently worked as director of gaming operations. This development comes days after Pariplay added a new studio to its Fusion platform. Stefanescu Will Be Tasked With Meeting Market Requirements As the […]
Legal
August 30, 2022
IGT And DoubleDown Interactive Sign Settlement Over Benson Litigation
International provider of gaming technologies International Game Technology (IGT) and former IGT subsidiary DoubleDown Interactive have announced that they have succeeded in reaching an agreement in principle in connection with the legal case Benson v. DoubleDown Interactive. The Settlement Amount of $415 Million Will Be Covered by IGT and DoubleDown Interactive According to the terms […]
