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Business News and Headlines
Business
April 23, 2024
PENN Names Ex-Disney Tech Executive Aaron LaBerge as CTO
PENN Entertainment has unveiled the appointment of the experienced Aaron LaBerge to its team. According to the announcement, the former Walt Disney tech specialist will serve the operator group as its new chief technology officer, effective July 1. In his new role, LaBerge will leverage his expertise to drive the company’s technology strategy and execution. […]

Business
April 22, 2024
Tom Daniel Bolsters Huddle Management Team as SVP of Trading
Huddle, a leading provider of trading solutions, announced the appointment of Tom Daniel as senior vice president of trading. Daniel will lead Huddle’s trading operations, driving strategic initiatives and spearheading innovation to elevate the firm’s trading capabilities. Daniel is poised to take center stage in advancing Huddle’s position as a market leader. Daniel Brings a […]

Business
April 22, 2024
Regis Dudena Becomes Leader of Brazil’s Prizes and Betting Secretariat
Régis Dudena, a lawyer with an extensive background in the legal sector, was designated as the leader of the Prizes and Betting Secretariat (SPA), the newly established regulatory body in charge of gambling in Brazil. A confirmation about the latest appointment came from a publication in the country’s Official Gazette of the Union. The appointment […]

Business
April 22, 2024
Saipan Casino Operator IPI Files for Chapter 11 Bankruptcy
The troubled Saipan casino operator, Imperial Pacific International (IPI) LLC, had its license suspended three years ago. In April 2021, the operator’s license was suspended after it failed to settle regulatory and license fees. Ahead of IPI’s hearing with the Commonwealth Casino Commission (CCC), which is set to decide whether or not the operator will […]

Business
April 22, 2024
Kindred Publishes Its Quarterly Journey Towards Zero Report
Kindred Group has published its new Journey Towards Zero report, highlighting the fluctuations in revenue from high-risk players. The initiative seeks to minimize the money the operator company makes from such players. According to Kindred, the first quarter of 2024 saw a slight increase in revenue from high-risk players to 3.2%. Additionally, the company reported […]

Business
April 22, 2024
Trump to Face Opposition in Nevada from the Culinary Union
Ahead of the upcoming US presidential elections, Donald Trump is likely going to face strong opposition in Nevada, judging by the intentions of the Culinary Union. Currently, the Union represents approximately 60,000 workers across Las Vegas and Reno who are employed by leading gaming and hotel operators. The workers hold jobs such as dealers, bartenders, […]

Business
April 22, 2024
Financial Analysts Discuss Las Vegas Sands Stock Post-earnings
The globally recognizable gaming and entertainment giant, Las Vegas Sands, released its first quarter of 2024 results last week. On Wednesday, the company uncovered details regarding its performance in Singapore and Macau. Robert G. Goldstein, Sands’ CEO and chairman, revealed that the company was pleased with its operating results and performance in both Singapore and […]

Business
April 19, 2024
The Star Gold Coast CEO Steps Down, Interim CEO Appointed
The Star Entertainment Group, an Australian casino and betting company, has parted ways with another C-suite member as the second NICC probe looms. As reported, Jessica Mellor, chief executive officer of Star Gold Coast, will step down after several months in the position. Mellor was appointed as the property’s chief operating officer in 2019 and […]

Business
April 19, 2024
PAGCOR Appoints First Woman President and CCO in History
The 100% government-owned and controlled corporation under the Office of the President of the Republic of the Philippines, the Philippine Amusement and Gaming Corporation (PAGCOR), has announced the appointment of a new president. Attorney Wilma Eisma has received the prestigious position, along with the title of chief operating officer (COO) after taking the oath of […]

Business
April 19, 2024
888 Publishes Q1 Report, Targets Growth in Q2
Global gaming powerhouse 888 has published its trading update for the first quarter of the year (the three-month period ended March 31), reporting a slight increase in overall revenue. The company’s report highlighted group revenue of £431 million ($535.8 million), a figure that exceeds the £420-430 million guidance outlined in the company’s previous report. The […]
