Casino
April 8, 2022
LL Lucky Games to Acquire ReelNRG in an $872,000 Deal
LL Lucky Games, a Swedish developer of online slots titles, has announced its intentions of acquiring the British game studio ReelNRG in a deal valued at almost $872,000. LL Lucky Games to Acquire ReelNRG After receiving LL Lucky Games’ letter of intention and agreeing to the purchase, the UK-based developer negotiated the price and the […]
Legal
April 8, 2022
ILGA Extends Star Sydney Review to End of August
In light of additional witnesses expected to add more insight into The Star Entertainment Group’s review of its Sydney casino, the New South Wales Independent Liquor & Gaming Authority (ILGA) has extended the publication date of the report to the end of August. The expansion request was initiated by senior counsel Adam Bell, the head […]
Industry
April 8, 2022
Norwegian Media Authority Orders 5 TV Distributors to Halt Foreign Gambling Ads
Last November, Norway asked the European Commission for permission to use DNS blocking for gambling operators opposing cease and desists requests. The request marked a new attempt to gain better control over the websites that can be accessed by gamblers in the country and it came several months after the Broadcasting Act granted the Norwegian […]
Sports
April 8, 2022
PlayStar Appoints Jon Bowden as CMO to Help it Rise above the Noise
PlayStar, a challenger online casino brand, continues to pursue differentiation in the US market. Hellbent on success, the company has appointed industry heavyweight Jon Bowden to the position of chief marketing officer. Bowden Will Help PlayStar Outmatch Its Rivals Bowden is an experienced gambling industry professional who will help PlayStar achieve its goals. The specialist […]
Legal
April 8, 2022
US Prosecutor Calls for Former Goldman Sachs Banker’s Conviction on ML Charges
On Monday, April 4, Assistant United States attorney Alixandra Smith from Brooklyn federal court started her closing arguments in the almost two-month trial of the ex-Goldman Sachs top investment banker from Malaysia, Roger Ng, who is charged with money laundering conspiracy, embezzlement, and bribery. Ng Faces Justice in Brooklyn Federal Court Per the court records, […]
Legal
April 8, 2022
Singapore Man Tries to Illegally Pay a Gambling Debt, Gets Caught by Police
Many gambling proponents, both individuals, and companies consider gambling to be a fun activity if done responsibly, but that wasn’t the case for the 20-year-old Terry Tong Hong Zhi from Singapore, who lost S$40,000 ($30,000) worth of loans while gambling online and was caught by the police while trying to obtain the money back in […]
Industry
April 8, 2022
Casinos and Racinos in Ohio Rake up $216M, Set New Record
March was a successful month for casinos and racinos in Ohio, judging by data released Thursday. Ohio’s Gambling Businesses Set New Record in March The casinos and racinos in Ohio set a new record last month. Data released by the Ohio Casino Control Commission and the Ohio Lottery, reveals that the gaming revenue for casinos […]
Industry
April 7, 2022
Judge Hearing on Atlantic City PILOT Dispute Postponed to April 24
As announced at the beginning of February, a ruling over the payments-in-lieu-of-taxes (PILOT) bill for Atlantic City was expected to pop up in the upcoming weeks. After New Jersey declined to be a part of a mediation that could have resolved the dispute with Atlantic County, the heated topic was expected to come to an […]
Industry
April 7, 2022
Entain’s Q1 2022 Trading Update Revealed Recovery of Retail
Global sports betting, gaming and interactive entertainment group Entain released today a trading update for the first quarter of 2022, reporting strong revenue growth. Retail Nearly Back to Pre-Pandemic Levels For the three months from January 1 till March 31, Entain registered 31% growth in net gaming revenue driven mainly by the return of Retail […]
Business
April 7, 2022
Sale of William Hill’s Non-US Assets Revised Down By £250m
US casino giant Caesars Entertainment announced today a revision on the price consideration of the sale of William Hill’s non-US assets to 888 Holdings. Downward Revision of Price Consideration According to the announcement today, Caesars is selling the non-US assets of William Hill to 888 Holdings for a revised enterprise value of between £1.95 billion […]
