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Gambling News - 'Layoff'
Industry
March 27, 2025
Resorts World Las Vegas Lays Off 50 Employees amid Ongoing Difficulties
Resorts World Las Vegas has confirmed laying off 50 full-time employees as part of its ongoing efforts to restructure its operations. The move, confirmed on Wednesday, aligns with the company’s plan to optimize efficiency while retaining the high-quality service and attention to detail it is known for. However, the venue must work hard to win […]

Business
March 14, 2025
LNW Gaming to Shut Down Michigan Facility, Lay Off Workers
Light & Wonder subsidiary LNW Gaming has announced that it will be shutting down a facility in Michigan. This will lead to layoffs, which will affect roughly 100 employees, according to a filing by the company. Layoffs Are Upcoming As outlined in a WARN notice submitted to the Michigan Department of Labor and Economic […]

Business
December 4, 2024
Tabcorp Slashes Workforce by a Tenth
Australian betting and gaming giant Tabcorp Holdings has parted ways with numerous workers in an effort to streamline its operation and reduce business costs. This comes amid financial and regulatory difficulties for the company. Tabcorp Wants to Streamline Its Business According to a report by the Australian Financial Review, a Tabcorp spokesperson said that […]

Industry
November 20, 2024
LiveScore Group to Lay Off 100+ People Part of Restructuring Plan
LiveScore Group, the 2019-established fully owned and operated ecosystem that is home to LiveScore, LiveScore Bet, and Virgin Bet, has announced it is ready to bid goodbye to over 100 employees in London and other business locations. The call follows an internal restructuring plan focused on better streamlining the group’s operations while securing sustainable growth […]

Business
October 30, 2024
Better Collective Cuts Team Due to Business Struggles
Jesper Søgaard, Better Collective’s co-founder and chief executive officer, announced his company’s plans to part ways with some of its team members. This difficult decision came amid the company’s recent cost base adjustment and financial targets downgrade. Emotional Days for the Company Søgaard described the past few days as “emotional,” adding that he regrets to […]
Business
October 30, 2024
DraftKings Announces New Jersey Layoffs Amidst Problem Gambling Concerns
DraftKings announced plans to lay off 101 employees in New Jersey, attributed to the company’s decision to shut down its live dealer studio in Atlantic City. It is yet unknown whether this downsizing will affect the company’s gambling harm prevention team, as New Jersey officials recently raised significant concerns regarding rising addiction rates in the […]

Business
October 8, 2024
Rivalry Further Shrinks Its Workforce amid Strategic Refocus
Rivalry, a next-gen sports betting and media company, announced that it has laid off 28 employees, including its global marketing director. The new redundancies are a part of a company restructuring, according to EGR. Another Few Dozen Employees Have Been Dismissed As reported, the restructuring comes amid Rivalry’s shift toward the crypto betting sector. Earlier […]
Sports
September 5, 2023
Barstool Sports Founder Hints at Plans for Layoffs
Barstool Sports, the leading sports media brand, founded by Dave Portnoy, may lay off some of its employees, its founder and current owner confirmed on Barstool Sports Radio recently. Initially founded in 2003, Barstool Sports was acquired by Penn Entertainment in a deal with a total price tag of $551 million, dating to 2020. After […]

Industry
April 19, 2023
The Star May Slash Approximately 500 Workplaces
The Star Entertainment Group, the leading entertainment and gambling company in Australia, released a new trading update, confirming the possibility to reduce its workforce. On Wednesday, the company revealed it plans to cancel its short-term and other incentives for FY23, while at the same time freezing salaries for non-EBA (enterprise bargaining agreement) employees. What’s more […]
Business
February 2, 2023
DraftKings Lays Off 3.5% of Its Global Workforce
DraftKings has joined FedEx and Rivian Automotive in announcing job cuts, aligning with a growing trend among US corporations. The company announced the move aims to boost efficiency and will affect about 140 jobs. A Major Portion of the Job Cuts Are in Europe, Asia, and the Middle East The majority of the impacted positions […]