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Julie Moraine's latest articles
Julie Moraine
Lead AuthorWith 5+ years of experience as an analyst, Julie—affectionately known as 'Jewels' in the office—has quickly become our go-to expert in the forex and cryptocurrency space. Her keen attention to detail and deep understanding of the industry make her an invaluable asset. Julie's expertise and enthusiasm have made her the top choice to co-pilot educational initiatives alongside Mike, bringing knowledge to the masses.
Casino
May 11, 2020
Penn Boosts Liquidity through Common Stock and Senior Notes Public Offerings
Pennsylvania-based Penn National Gaming Inc announced today it started an underwritten public offering of common stocks, as well as an underwritten offering of convertible senior notes, to the amount of $250 million each. The new debt security the company is issuing has maturity in 2026 and can be converted into Penn’s common stock anytime until […]
Casino
May 11, 2020
LVS May be Considering the Acquisition of Wynn Resorts, Analysts Suggest
Las Vegas Sands (LVS) may be looking to acquire Wynn Resorts, an analysis by a boutique investment bank and advisory firm for the gaming industry suggests. Union Gaming LLC, in a note published Thursday overnight, cited Okada Manila in the Philippines, Australia-based Crown Resorts, and Wynn Resorts, all three as potential acquisition targets for the […]
Legal
May 9, 2020
The Seminole Tribe Holds the Key to Florida Sports Betting Legalization
Florida is one of the states that is yet to legalize sports betting, having made several unsuccessful legislative attempts so far. Witnessing how other states have cashed in on sports books may turn out to be the lure the state cannot refuse, especially during these times when its tax receipt from gambling is expected to […]
Casino
May 8, 2020
Penn National Q1 Revenue Impacted by Closures, iGaming Gathering Pace
Penn National Gaming issued its first quarter financial results, painting a clear picture of how the health crisis that started in mid-March, due to the wide implementation of the social distancing measures across the states, had taken the wind out of its sails revenue-wise. The Pennsylvania-based gaming operator with strong presence across all gambling verticals […]
Casino
May 7, 2020
Wynn Resorts Revenues Materially Impacted by Casino Closures
Wynn Resorts issued today its first quarter financial results, posting 42.3% drop in operating revenues, due to the closure of its properties, in February in Macau, and from mid-March in the USA. Revenue Impact Material First quarter revenue for the company fell to $953.7 million, from $1.65 billion for Q1 2019, nearly $700 million less, […]
Legal
May 6, 2020
FSB Agreed to £634,300 Settlement with the Gambling Commission
The gambling industry in the UK received yet another warning from the Gambling Commission, this time that if they do not carefully manage third party operations they are responsible for, they will face regulatory action. And the warning, as it is the common case recently, did not come cheap to the perpetrator, FSB Technology, which […]
Legal
May 5, 2020
NJTHA: Major Sports Leagues Are on the Hook for $150M
The New Jersey Thoroughbred Horsemen’s Association /NJTHA/ is convinced it is entitled to every last cent they require from the major sports leagues and the NCAA in its ongoing legal battle to recuperate losses dating back to 2014. It is either up to the Supreme Court, if it decides to hear leagues’ arguments, or to […]
Business
May 4, 2020
Kiron Signs Content Deal with Microgame for the Italian Market
Sport content company Kiron Interactive has further strengthened its position on the Italian market with the partnership deal it has signed with leading gaming service provider Microgame. The new strategic alliance will allow the virtual game producer company to roll out most of its content on the platform of one of the leading betting services […]
Blockchain
May 3, 2020
Disruption Could Be the Best Way to Adopt Crypto in Gambling
Rebecca Liggero, Ayre Media’s lead journalist, interviewed several gambling experts who shared their opinions on how the industry can adopt crypto payments as a viable mainstream method. SBC Digital Summit Discuss Blockchain Payments at a Time of Crisis Several gambling and sports betting professionals spoke at the SBC Summit to Ayre Media head editor Rebecca […]
Business
May 2, 2020
Sports Betting in Colorado Went Live as Planned, Waiting for Sport to Restart to Show Its Hand
Last week the long-awaited launch of sports betting in Colorado became official, after the Colorado Limited Gaming Control Commission put all efforts, including holding special meetings to approve new licenses, to meet its predefined schedule date May 1. DraftKings and FanDuel Among the First Sports betting in the state became legal November 2019, when the […]