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Monday April 12, 2021 7:40PM
The Latest in cost reductions
By Simon Deloit
Business

Scientific Games Strongly Positioned to Deal with Business Adversity

April 15, 2020

Closure of land-based casinos and other retail gaming outlets did not affect the gaming companies only, but their technology solutions providers, too. In a statement regarding its financial position amid the ongoing health crisis, Scientific Games /SG/ reported it had implemented during the second quarter of 2020 cost savings to the extent of $100 million. […]

Trending
By Melanie Porter
Legal

Bet365 Operator Hillside Sports Fined by Swedish Gambling Authority

The Swedish Gambling Authority has fined Bet365 operator Hillside Sports after the company offered wagering on a match in which most players were underage. Hillside Receives Warning and Penalty From Gambling Authority The Swedish Gambling Authority has issued a warning and a KR 1 million ($ 116,000) fine to local Bet365 operator Hillside Sports. The […]

By Stoyan Todorov
Casino

Videoslots Launches Brand-New “Pool Play” Feature

Videoslots’ “Pool Play” feature will make the jackpot experience more fun, more social, and potentially come with a much better chance of winning big.   Videoslots Launches Pool Play to Make Jackpot Games Social Jackpot hunting has been a solitary business for many years now, but Videoslots wants to change that. The operator is rolling out the “Pool […]

By Mike Johnson
Business

FT: Hedge Funds Peeved with William Hill and Caesars Deal

GWM Asset Management and HBK Capital Management have both sent letters to William Hill’s board of directors protesting what they described as a failure to disclose what they consider as potentially material information.  Hedge Funds Raise Issues with William Hill/Caesars Acquisition  Hedge funds may be revolting against William Hill’s board of directors, whom they now say failed […]

By Julie Moraine
Sports

888 Named Main Title Sponsor for the Portuguese Grand Prix

888 Holdings, a global sports betting and iGaming group operating from Gibraltar, entered into a sponsorship agreement with the Portuguese Grand Prix to become the title sponsor for the 2021 edition of the race event. “It is a thrilling moment for everyone at 888 while we position ourselves as unequivocal supporters for motorcycle sports globally.” […]

By Martina-Nikoleta Tsvetkova
Industry

Ban on Sports Betting Ads After Online Gambling Spike

The surge in online gambling in Australia during the pandemic has provoked concerns related to sports betting ads and their effect on players. Foreign Operators in Australia with Enormous Gains During Covid-19 Foreign-owned corporate bookmakers have emerged as winners during the Covid-19 pandemic with an enormous increase in market value, which has put the issue […]

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