MGM Could Offload Springfield Casino as Part of “Asset-Light” Strategy

MGM Could Offload Springfield Casino as Part of “Asset-Light” Strategy

by November 6, 2019

Las Vegas hotel and casino operator MGM Resorts International could move to sell its casino resort in the Massachusetts City of Springfield as part of a strategy to become an “asset-light” company.Last month, MGM agreed to offload the iconic Bellagio property on the Las Vega ...

Sportradar to Power BetIndiana’s US Sports Betting Entry

Sportradar to Power BetIndiana’s US Sports Betting Entry

by November 5, 2019

Digital sports betting startup BetIndiana has partnered with major sports data and content provider Sportradar in a bid to enhance its imminent entry into the US sports gambling field.The deal between the two companies will see Sportradar deliver real-time sports data as wel ...

US Sports Betting Set to Become $8 Billion Industry by 2025

US Sports Betting Set to Become $8 Billion Industry by 2025

by November 5, 2019

US sports betting will be a $7 billion to $8 billion industry by 2025, according to projections by investors and gambling executives.The historic May 2018 ruling of the US Supreme Court annulled a long-standing federal ban on athletic wagering and paved the way for all state ...

Former Kindred Executive Tommi Maijala Steps In as Relax Gaming CEO

Former Kindred Executive Tommi Maijala Steps In as Relax Gaming CEO

by November 4, 2019

Major provider of online casino content and an aggregation platform Relax Gaming announced late last week the appointment of Tommi Maijala as its new Chief Executive Officer.Mr. Maijala is replacing Relax Gaming’s current CEO Daniel Eskola who took the role about 18 months ag ...

New Bill Outlines POGO Employees Tax Dues

New Bill Outlines POGO Employees Tax Dues

by November 4, 2019

Foreigners employed at Philippine offshore gaming operators (POGOs) could be required to pay a 15% tax on their earnings in the Philippines under a bill recently filed in the national legislature.Albay Representative Joey Salceda submitted late last month a legislation that, ...

Long-Time Casino Executive Bobby Baldwin Named CEO of Drew Las Vegas

Long-Time Casino Executive Bobby Baldwin Named CEO of Drew Las Vegas

by November 4, 2019

Las Vegas casino industry veteran Bobby Baldwin has been named CEO of the Drew Las Vegas, a $3.1 billion, 67-story hotel and casino resort currently under development at the site of the unfinished Fontainebleau in the northern end of the Strip.In a press release published th ...

GVC to Announce Gambling Veteran Barry Gibson as New Chairman

GVC to Announce Gambling Veteran Barry Gibson as New Chairman

by November 3, 2019

Former Playtech and William Hill director Barry Gibson is tipped to succeed Lee Feldman as chairman of Isle of Man-based gambling group GVC Holdings, according to a Sky News report.The appointment of Mr. Gibson will mark the end of GVC’s seven-month search for a new chairman ...

DraftKings Eyes Nov. 4 Pennsylvania Mobile Betting Soft-Launch

DraftKings Eyes Nov. 4 Pennsylvania Mobile Betting Soft-Launch

by November 2, 2019

This coming Monday, November 4, will be an eventful day for Pennsylvania’s online gambling market as it will see two major brands enter it – one bringing digital sports betting experience, while the other debuting the state’s first online poker website under its new gambling regu ...

Sportradar Denies Allegations of Italian Mafia Ties

Sportradar Denies Allegations of Italian Mafia Ties

by November 2, 2019

Betting technology and sports data provider Sportradar on Friday refuted “strongly” the allegations made by business news outlet Business Insider Italia that linked it to illegal online gambling operations conducted on the territory of Italy by the local mafia.In a statement ...

Aspire Global’s Pariplay to Supply Content to 888casino in New Jersey

Aspire Global’s Pariplay to Supply Content to 888casino in New Jersey

by November 1, 2019

Online gambling group Aspire Global has reached an important milestone in its growth strategy that will see it enter the lucrative US iGaming market.The company announced today that it will be able to enter the US online gambling space through a recent deal between Pariplay, ...

Live Casino Supplier Evolution Partners Penn National in Pennsylvania

Live Casino Supplier Evolution Partners Penn National in Pennsylvania

by November 1, 2019

Live Casino supplier Evolution Gaming today announced that it has signed a deal to provide its content to Pennsylvania-headquartered casino operator Penn National Gaming.Under the agreement, Penn will be able to use Evolution’s planned studio in the Keystone State to stream ...

Greentube Slots Go Live with Svenska Spel Sport & Casino

Greentube Slots Go Live with Svenska Spel Sport & Casino

by November 1, 2019

Online casino content provider Greentube, a division of NOVOMATIC Interactive, has extended its Swedish footprint through a recently announced deal with the online gambling business of state-owned operator Svenska Spel.As a result from the latest of a series of commercial de ...

Penn National Evaluates Offers to Sell Las Vegas Strip Casino Resort

Penn National Evaluates Offers to Sell Las Vegas Strip Casino Resort

by November 1, 2019

Casino operator Penn National Gaming is evaluating unsolicited offers for its Tropicana Las Vegas property, but the company’s management said that a sale is not imminent.Penn executives said during the company’s third-quarter earnings call on Thursday that they have been app ...

Microgaming, Fortune Factory Studios Debut Long Mu Fortunes Slot

Microgaming, Fortune Factory Studios Debut Long Mu Fortunes Slot

by October 31, 2019

Microgaming takes players to a brand new adventure with the latest addition to its ever-growing online slots collection.The veteran online gaming provider’s newest release was exclusively developed by Fortune Factory Studios, the talent team behind hit game Village People Ma ...

Veikkaus to Retire Nearly Half of Its Slot Machines amid Criticism

Veikkaus to Retire Nearly Half of Its Slot Machines amid Criticism

by October 31, 2019

Finland’s gambling monopoly, Veikkaus, today revealed plans to nearly halve the number of slots machines it operates at kiosks, supermarkets, and service stations within the next five years amid criticism over weak social responsibility policies.Veikkaus currently operates 1 ...