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Casino
May 31, 2022
Oceanus Acquisition May Be SJM’s Last Satellite Casino
The courtship between Macau concessionaires and satellite casinos has most likely come to an end. The best example of that is SJM Holdings which, following its acquisition of Oceanus, will most likely not be looking to buy any additional satellite casinos moving forward, at least according to JP Morgan. SJM Holdings Unlikely to Buy More […]
Industry
May 31, 2022
Former CEO Blacklisted by Jersey Gambling Commission over Football Index
The ex-CEO of Football Index, Adam Cole, has been named as persona non-grata by the Jersey Gambling Commission, with the regulator citing the executive’s past track record as the reason why. As a result of this ruling, Cole may not hold a position with any licensed by the commission entity, an official press statement read. […]
Casino
May 31, 2022
Lady Luck Acquires Games Studio ReelNRG in $850,000 Deal
A recently completed acquisition deal saw LL Lucky Games, the parent company of Lady Luck, acquire London-based games studio ReelNRG. The purchase price consists of 2.5 million newly issued shares worth SEK 3.3 each and totals $850,000. The Acquisition to Provide Lady Luck with Additional Products and Increased Market Reach Calvin Kent, CEO of ReelNRG, […]
Casino
May 31, 2022
PAGCOR Opens First Dedicated Village Project to Offer Safe Housing
PAGCOR or the Philippine Amusement and Gaming Corporation has made good on its promise to deliver on various good causes and social campaigns. The gaming watchdog has just launched the PAGCOR Village in Lemery, Batangas, which is the first of more similar projects to follow. The main purpose of the Village is to provide safe […]
Casino
May 31, 2022
SAR Concessionaires to Weather Any Storm Assures Bernstein
Brokerage firm Bernstein has remained fairly optimistic about the outlook Macau casino concessionaire have. The firm believes that the existing liquidity of the Special Administrative Region (SAR)’s companies will be sufficient to tide them over through any foreseeable future crisis, never mind any economic downturns or increased border scrutiny on the Chinese border which has […]
Industry
May 31, 2022
Olympic Casino, Tete-a-Tete Casino and Baltic Bet Fined €25K
The Lithuanian gambling regulator continued to dish financial sanctions to operators found in violation of the country’s ban on gambling promotions enforced last year, adding three more to the list of sanctioned companies. Encouraging Gambling Is Prohibited The sanctions issued by Lithuania’s Gambling Supervisory Authority to Olympic Casino Group Baltija, Tete-a-Tete Casino and UAB Baltic […]
Slots
May 30, 2022
Big Benji Bonanza: Yggdrasil and Jelly’s New Release
Yggdrasil has expanded its world of entertainment with Big Benji Bonanza, a fresh slot game released together with Jelly, a game developer mostly focused on mobile experiences. The two have created a Wall Street-themed game prone to quickly become a hit among global players. Big Benji Bonanza Metrics Overview Reels: 3 Rows: 5 Paylines: 243 […]
Industry
May 30, 2022
DAZN BET Appoints Matt Hartington as Director of Legal
DAZN BET has ensured that it picks up the greatest talents in the industry as the sports entertainment business has added Matt Hartington as the director of legal. Hartington is an ex-exec at Flutter Entertainment, a company that is dedicated to building a sustainable future. He worked as the head of legal for Ireland and […]
Legal
May 30, 2022
Crown Melbourne Fined $57.4M USD By VGCCC
The Crown Melbourne drama has come to an end as the Victorian Gambling and Casino Control Commission (VGCCC) fined the operator AU$80 million ($57.4 million USD) over the China Union Pay bank card scandal. Crown Melbourne breached the Casino Control Act of 1991 and was under a lot of scrutiny in the recent period. Crown […]
Industry
May 30, 2022
High 5 Games Signs a Multi-Market Deal with DraftKings
DraftKings, a gambling, sports betting and daily fantasy company, has signed a deal with High 5 Games, the industry’s largest independent casino games provider. As per the deal, the latter will power DraftKings with its proprietary suite of casino games. High 5 to Power DraftKings with Games The partnership will cover multiple jurisdictions. It allow […]
