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Business News and Headlines
Business
October 29, 2019
Suncity Group to Spend Up to HK$35 bln for Japan IR
Suncity Group to spend between HK$30 billion and HK$35 billion (US$3.8 billion to US$4.5 billion) on an integrated resort in Japan The resort will be in Wakayama and will embrace the nature that surrounds the city Casinos Austria set to be the first international company to submit an IR business concept in Nagasaki Suncity Group […]

Business
October 28, 2019
AAEC Vs (LVS) US$12bln Lawsuit Pushed to 2020
A $12 billion lawsuit filed by Asian American Entertainment Corporation (AAEC), against Las Vegas Sands Corp has been moved to September 2020. AAEC $12bln Lawsuit Postponed to 2020 A filing by the Las Vegas Sands Corp indicated that a MOP96.4 billion (US$12 billion) damages lawsuit lodged against them by Asian American Entertainment Corporation (AAEC), Limited […]

Business
October 26, 2019
DraftKings Secures Daily Fantasy Sports License in Iowa
Iowa grants DraftKings a DFS license to set-up a shop in the state Previous technology certification issues have delayed the launch Iowa releases gaming revenues for the first full month of regulated gaming activities Fantasy sports fans in Iowa can now create their dream teams following DrafKing’s authorization to offer daily fantasy sports. DraftKings to […]

Business
October 24, 2019
BetWarrior Releases Sports Betting App in Latin America
BetWarrior launches mobile app with Kambi for Latin American markets The companies will seek to expand into Europe next Kambi continues to pick up partners capable to innovate on the company’s sportsbook platform BetWarrior has released its sports betting app for Kambi Sportsbook in Latin America, planning an expansion in European markets next. Kambi, BetWarrior […]

Business
October 24, 2019
Las Vegas Sands Ready to Invest Up to $12bn in Japan
LVS plans to invest up to $12 billion for an integrated resort Sheldon Adelson health has improved Sands to target a top-tier city for its Japanese expansion Sheldon Adelson returned to Las Vegas Sands Q3, 2019 earnings calls, announcing plans to invest up to $12 billion in a future integrated resort project in Japan. Las […]

Business
October 24, 2019
Crown Culture of Secrecy Continues as Boss Dismisses Criminal Link
Crown’s VIP revenue falls by 46% John Alexander calls allegations preposterous Lawrence Ho is now part of the board but yet not cleared by regulators On the annual general meeting, Crown Casino failed to address allegations about criminal links while the VIP revenue plummeted by 46%. Crown Casino VIP Segment Drops, Investigations Continue Amid falling […]

Business
October 19, 2019
Wynn Resorts Signs Two Betting Deals with Full House
Wynn Resorts Signs Two Deals with Full House US casino operator Wynn Resorts has struck two deals with Full House Resorts in order to roll out mobile and online sports betting services in Indiana and Colorado. Although further details of the two deals were not disclosed, Full House Resorts commented that it has now used […]

Business
October 18, 2019
SBTech’s Scoreboard Launches in Oregon
SBTech’s mobile betting product Scoreboard is now available in Oregon This is the result of a contract between SBTech and the Oregon State Lottery from June Scoreboard is the first mobile betting app launched by a US state lottery Legal mobile betting now available in Oregon, thanks to SBTech’s Scoreboard platform, launching a month later […]

Business
October 17, 2019
Mohegan Gaming Opens Office in Japan for IR Bid
Mohegan Gaming pushes for Tomakomai IR project In June 2019, the company vowed up to $4.5bn to develop the resort Caesars Entertainment is the only operator to drop out of the race Flagship tribal casino operator Mohegan Gaming and Entertainment has opened a first office in Tomakomai, Hokkaido prefecture, Japan in a bid to secure […]

Business
October 16, 2019
MLB and Fox Bet Tie Up Data and Marketing Partnership
Fox Bet joins forces with MLB as Authorized Gaming Partner The companies will explore marketing and data opportunities No financial details of the deal disclosed TSG-owned Fox Bet became the fourth authorized gaming partner for MLB on Tuesday, October 15. Fox Bet Becomes MLB Authorized Partner The Major League Baseball (MLB) announced on Tuesday, October […]
