Sports
December 9, 2020
Missouri Senator Calls for Quicker Action on Sports Betting
Missouri State Senator Denny Hoskins has urged Missourians and lawmakers to rally behind sports betting legalization in a bid to put a stop to tax revenue bleeding across the state border. The Time to Legalize Sports Betting Now, Says Sen. Hoskins Missouri State Senator Denny Hoskins, R-Warrensburg, is bringing up a new piece of legislation […]
Industry
December 9, 2020
AGA Reports Good Q3 Recovery for Commercial Casinos and Betting Firms
The American Gaming Association (AGA) posted strong third-quarter growth for casinos with the commercial gaming revenue hitting $9.04 billion. AGA Tracks Recovering Gaming Revenue in Q3 Commercial casinos in the United States posted a strong Q3, having emerged from the crisis in the three-month period with $9.04 billion in total gaming revenue. The number represents […]
Business
December 7, 2020
Paysafe Enters $9 Billion Merger Agreement with Foley Trasimene Acquisition
Paysafe announced on December 7 it has entered a definitive agreement with Foley Trasimene Acquisition Corporation for their $9 billion merger. Deal Expected to Close in H1 2021 Online payments company Paysafe Group Holdings and Foley Trasimene Acquisition Corporation announced today they have reached a definitive agreement for their merger valued at $9 billion. The […]
Sports
December 7, 2020
William Hill’s 2020 SBOTY Award Won By Russian Doping Whistleblower Grigory Rodchenkov
The Rodchenkov Affair by whistleblower and former head of RUSADA Grigory Rodchenkov won the 2020 William Hill’s Sports Book of the Year award on Thursday. Four-Year Ban for Russian Athletes Grigory Rodchenkov, the key whistleblower in Russia’s 2015 doping scandal, won Thursday the William Hill’s Sports Book of the Year award for his account of […]
Business
December 5, 2020
MGM Resorts Shakes Up Corporate Team, Appoints New COO
MGM Resorts International announced Friday major changes in its corporate leadership team while naming long-term executive Cory Sanders as COO. The End of MGM Resorts’ Corporate Reorganization US hospitality and entertainment group MGM Resorts International appointed chief financial officer Corey Sanders to chief operating officer on Friday. Until the company finds a replacement for the […]
Casino
December 5, 2020
Casino Operators Agree Chicago Mega-Casino Should Go Downtown
Several major casino companies and real estate developers have responded to a request for information by the city of Chicago for input on the planned development of a casino-resort. RFI Yields Important Input for New Mega-Casino On Wednesday, the city of Chicago stated that a total of 11 casino operators and real estate companies have […]
Business
December 4, 2020
Caesars To Open Danville Property in 2023, Pledges $15 Million Up-Front Payment
Caesars Entertainment shared a timeline for its Danville casino project, Caesars Virginia, with the City Council during a regular session last Tuesday and promised a $15 million up-front payment. First Payment To Be Made Next Week Leading casino operator Caesars Entertainment just started the selection process to find an architect for the extensive design of […]
Business
December 4, 2020
888sport Pursues Deals in Colorado, Iowa and Indiana in 2021
Three new partnerships will mark 888’s expansion strategy in the United States after the company posted 90% revenue growth in the country so far in 2020. 888 to Expand into More US Markets in 2021 888, a leading entertainment brand with a market shift towards the US market, has secured three important partnerships that will […]
Business
December 3, 2020
Everi Holdings Launches Digital Wallet at WinStar World Casino
Top gaming equipment Everi Holdings and WinStar World Casino and Resort announced Wednesday the launch of WinStar Wallet on December 3. Partnership with One of The World’s Largest Casinos Everi Holdings and the Chickasaw Nation’s WinStar World Casino and Resort announced Wednesday that they will launch the WinStar Wallet, a cashless and touchless payment solution, […]
Industry
December 3, 2020
Atlantic City’s Rating by Moody’s Remains at Ba3, Outlook Shifts to Positive
Moody’s has put on hold the issuer’s rating of Atlantic City due to the unstable economic situation, increased governance and social risk, as well as income inequality. Despite the ongoing challenges, its outlook has been improved due to the city’s casino property taxes programme, the growth in online gambling and the city’s continued efforts for […]