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Wednesday April 21, 2021 5:51PM
The Latest in remuneration
By Simon Deloit
Business

GVC Announces Temporary Pay Cuts, Execs Forego Bonuses

May 2, 2020

Sports betting giant GVC has implemented payment reduction and bonus cuts for the company’s high-ranking employees in a bid to help it pull through the COVID-19 outbreak. GVC Execs Opt Out of Bonuses to Support the Company GVC has announced pay cuts for high-ranking staff members. The measures will affect everyone up the command chain, […]

Trending
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 Stoyan Todorov
Business

Evolution Gaming Group to Acquire Big Time Gaming for $534M

Big Time Gaming will be the latest addition to Evolution Gaming Group’s growing portfolio of iGaming assets in a deal valued at $534 million.  Big Time Gaming to Join Evolution’s Growing Portfolio of Assets  Evolution Gaming Group is on a roll. Following the acquisition of the world’s leading manufacturer of slot games NetEnt, the company is […]

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 […]

By Mathilde Adam
Business

Golden Matrix and Amelco Launch Online Sportsbook in India

Golden Matrix and Amelco announced the launch of a custom-build online sportsbook in India just as the IPL cricket is about to kick off. Undisclosed First iGaming Operator Golden Matrix Group announced Wednesday that it partnered with Amelco to launch its very first custom-built digital sportsbook platform with an existing undisclosed iGaming operator in a new market. Golden Matrix […]

By Mathilde Adam
Sports

Sydney Swans and Macarthur FC to Ban Betting Ads from Games

Australian clubs Sydney Swans and Macarthur FC have joined the Reclaim the Game initiative to ban betting ads and protect fans from gambling risks. Reclaim the Game Awareness Campaign New South Wales sports fans will soon be able to watch games without seeing betting ads. The state’s Office of Responsible Gambling has teamed up with […]

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