Advisers to Share £165 Million in Fees for Caesars-William Hill Deal

Advisers to Share £165 Million in Fees for Caesars-William Hill Deal

by October 26, 2020

The four investment banks that advise Caesars Entertainment Inc. and William Hill on the casino operator’s proposed acquisition of the British bookmaker will trouser a collective £165 million in fees for their work, according to documents published on Monday.Barclays, Citigr ...

Caesars, 888 Push Back Online Poker Launch in Pennsylvania

Caesars, 888 Push Back Online Poker Launch in Pennsylvania

by October 26, 2020

For a brief moment, it seemed that WSOP.com’s launch in Pennsylvania was imminent. However, news emerged late last week that fans of the online poker brand in the Keystone State will have to wait until at least next year.A representative for WSOP confirmed that the launch ha ...

IRS Reaffirms Claim that Fantasy Sports Should Be Taxed as Gambling

IRS Reaffirms Claim that Fantasy Sports Should Be Taxed as Gambling

by October 26, 2020

The US Internal Revenue Service (IRS) has recently reasserted its position that daily fantasy sports (DFS) are a form of gambling and DFS companies should be viewed and taxed as gambling operators.In a recent memo, the IRS has addressed fantasy sports and whether these should ...

Australian MP Looks to Crack Down on Gambling Ops Taking Stolen Money

Australian MP Looks to Crack Down on Gambling Ops Taking Stolen Money

by October 26, 2020

A bill seeking to make gambling operators liable if a gambler is placing bets with stolen money has emerged in the Australian Parliament.The legislation, titled Making Gambling Businesses Accountable, is authored by Federal Independent MP Andrew Wilkie. If passed, it will am ...

Pragmatic Play Signs Slots, Live Casino Deal with GrooveGaming

Pragmatic Play Signs Slots, Live Casino Deal with GrooveGaming

by October 23, 2020

Provider of content for the iGaming industry Pragmatic Play has partnered fast-growing Israel-based casino games aggregator GrooveGaming to further grow the audience its products are available to.Under the terms of a recently signed agreement between the two companies, Pragm ...

Booongo Inks Slots Integration Deal with The Ear Platform

Booongo Inks Slots Integration Deal with The Ear Platform

by October 23, 2020

Online slots maker Booongo has announced a partnership with platform provider The Ear Platform to significantly extend its reach across Latin America.Under the terms of the recently signed agreement between the two B2B companies, The Ear Platform will gain access to Booongo’ ...

Mohegan Wins Nevada Casino License for Virgin Hotels Las Vegas

Mohegan Wins Nevada Casino License for Virgin Hotels Las Vegas

by October 23, 2020

Good news seem to keep rolling for Mohegan Gaming & Entertainment as the casino and hospitality company secured this week regulatory approval to operate the first tribal casino in Las Vegas.Members of the Nevada Gaming Commission on Thursday voted in favor of granting M ...

Apple, Google Hit with Illegal Gambling Suits in Alabama, Connecticut

Apple, Google Hit with Illegal Gambling Suits in Alabama, Connecticut

by October 23, 2020

Apple and Google were hit with a flurry of lawsuits in Alabama and Connecticut, with plaintiffs contending that the two tech giants have been promoting and profiting from games in their app stores that constitute illegal gambling under statutes in the two states.In Alabama, ...

Betsson Adopts Single-Brand Strategy in UK, Shuts 8 Online Casino, Sportsbook Brands

Betsson Adopts Single-Brand Strategy in UK, Shuts 8 Online Casino, Sportsbook Brands

by October 22, 2020

Online gambling operator Betsson announced Wednesday that it has decided to pull eight of its nine UK-facing brands as it looks to streamline its operations in that market and concentrate its efforts on growing in other, more lucrative regulated territories.All eight online ...

Genesis to Expand Slots Content with Pragmatic Play Deal

Genesis to Expand Slots Content with Pragmatic Play Deal

by October 22, 2020

Online casino games maker Pragmatic Play has teamed up with iGaming operator Genesis Global to supply its brands with its entire slots portfolio.Founded in 2014, Genesis is a Malta-based online casino and sports betting operator that boasts a portfolio of 15 brands, includin ...

Judge Dismisses Sahara’s Lawsuit against Vital Vegas over Casino Closure Rumor

Judge Dismisses Sahara’s Lawsuit against Vital Vegas over Casino Closure Rumor

by October 22, 2020

A Clark County District Court judge has dismissed a defamation lawsuit filed by Sahara Las Vegas against a Las Vegas blogger over a post based on rumors that the hotel and casino resort would close permanently.Earlier this week, Judge Trevor Atkin granted Scott Roeben, found ...

UK Bans Use of Celebrities in Gambling Ads

UK Bans Use of Celebrities in Gambling Ads

by October 22, 2020

The UK Committees of Advertising Practice (CAP) is set to soon ban the use of sports personalities and other celebrities in gambling ads in a bid to clamp down on advertising activities that target underage audiences.The CAP is the regulatory body tasked with setting the sta ...

Illinois Extends Remote Registration Order for Mobile Sports Betting

Illinois Extends Remote Registration Order for Mobile Sports Betting

by October 21, 2020

Illinois sports bettors will be able to open new accounts with the state’s digital sportsbooks remotely until at least November 14 after Gov. J. B. Pritzker extended last week Executive Order 2020-41, which he originally signed in June and has extended several times since then. ...

Delays Hit Planned Caesars, Mohegan Casino Resorts in Korea

Delays Hit Planned Caesars, Mohegan Casino Resorts in Korea

by October 21, 2020

US casino and hospitality giants Caesars Entertainment Inc. and Mohegan Gaming & Entertainment are understood to be both facing significant delays in their separate integrated resort projects in South Korea, local news outlets report.The two companies are reportedly exp ...

Push Gaming Signs Casino Content Supply Deal with Industry Newcomer Ichiban

Push Gaming Signs Casino Content Supply Deal with Industry Newcomer Ichiban

by October 20, 2020

Supplier of content and related solutions for the online casino industry Push Gaming has teamed up with newly formed iGaming company Ichiban to supply it with access to its games.The recently signed deal will see Push Gaming further expand its global presence in an important ...