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Business News and Headlines
Business
May 17, 2020
Mississippi Regulator Announces Casino Re-Open Date, Provides Re-Opening Guidelines
The Mississippi Gaming Commission issued a 5-page industry letter of guidelines for casinos in the state, informing them they can re-open May 21, in line with St. Gov. Tate Reeves’ announcement casinos may be up and running before Memorial Day, but starting operations with half of their capacity. Screening and Risk Assessment The comprehensive list […]

Business
May 15, 2020
DraftKings Reported Q1 2020 Growth, Despite the Lack of Sports
DraftKings issued today its first quarter financial results after the tie-up with SBTech, posting $113.4 million in revenue and a net loss of $74 million. Despite worse than expected, these results did not affect buying appetite of investors, with DraftKings shares up more than 10% at one stage during the trading day. First Quarter Revenue […]

Business
May 15, 2020
William Hill Shows Resilience During Global Lockdown
British gaming and sportsbook company William Hill has offered an overview of company numbers during the lockdown, reflecting the impact the COVID-19 lockdown has had on the company’s operations, but also showing resilience. William Hill Shows Resilience Despite Drop in Results Leading gaming and betting company William Hill has reported a 57% decline in net […]

Business
May 14, 2020
Playson Signs with United Remote to Feature Its Slot Content Portfolio
Playson, the leading game developer and supplier of cutting-edge innovative content in over 17 regulated jurisdictions, announced today it entered into a partnership deal to roll out its portfolio across aggregator United Remote’s platform. Expanding Playson’s Reach Under the terms of the deal, the entire slot portfolio of the content creator, including its popular titles […]

Business
May 13, 2020
Las Vegas Sands Pulls out of Japan Integrated Resort Bid
Gaming and hospitality industry giant Las Vegas Sands is pulling out of Japan’s integrated resort bid. Japan IR Bid No Longer a Plan for Las Vegas Sands Las Vegas Sands has withdrawn its bid for a Yokohama prefecture Integrated Resort (IR) in Japan, the company announced in a press release on Tuesday, May 12. An […]

Business
May 12, 2020
George Soros Among the High-Profile Investor Names Behind DraftKings
DraftKings Inc, the recently listed on the NASDAQ sports betting and online gambling company, has some high-profile names among its shareholders. Besides The Walt Disney Company that ended up as a passive investor into the fantasy sports and sports book provider through the acquisition of Fox Sports, it turns out Quantum Partners, the investment vehicle […]

Business
May 12, 2020
NetEnt Signs IP Agreement With IWG
Casino software supplier and developer NetEnt is partnering up with IWG. Gaming products result of the collaboration expected in Q3 2020. IP Agreement Between NetEnt and IWG Swedish casino giant NetEnt has signed an IP agreement with Instant Win Gaming. Under the partnership, IWG will develop instant games based on NetEnt content. The announcement came […]

Business
May 11, 2020
Oklahoma Tribal Conflict Deepens with DOI Decision Pending
Five months into 2020, Gov. Kevin Stitt of Oklahoma and the state’s tribes have not reached a consensus about gaming compacts. Gov. Stitt has found new allies in two tribes and opposing the tribes have received help from Attorney General Mike Hunter. The US Department of the Interior is stepping in to settle the conflict. […]

Business
May 7, 2020
True Lab Becomes Latest YG Masters Signee
Back in 2018, leading iGaming provider Yggdrasil announced the arrival of YG Master, it’s content curating platform enabling select partners to benefit from next-generation tools leading to high customization, player retention, and better market penetration Today, Yggdrasil revealed the name of a new developer, emerging blockchain and gaming company True Lab, as the latest entry […]

Business
May 6, 2020
Mohegan Gaming Ready to Continue with IR Bid in Greece
MGE assures that the company is ready to continue with the IR project aimed at transforming the area around Athens’ airport. Mohegan Gaming Ready to Go as Planned for the IR in Athens Mohegan Gaming and Entertainment (MGE) announced this Monday that the company is ready to go ahead as planned for the integrated resort […]
