Former Entain CEO Jette Nygaard-Andersen is poised to receive a payout of up to £4.3 million ($5.44 million) after being classified as a “good leaver” by the Ladbrokes and Sportingbet operator upon her departure amid investor pressure. Nygaard-Andersen, who initially joined the bookmaker as a non-executive director, was ousted in December after a three-year tenure,
Industry
Tipico Sportsbook has earned Internet Compliance Assessment Program (iCAP) accreditation in New Jersey and Ohio for best practices in customer protection. Tipico is the first sportsbook in the United States to achieve this accreditation, the company said in a press release on Monday. The accreditation is valid through March 2026. Administered by the National Council
Last week, the Hilton Buenos Aires Hotel and Convention Center hosted SAGSE Latam 2024, which was held on March 20 and 21 and received suppliers, operators, and regulators from all over the region. As part of SAGSE X, the cycle of conferences prepared for the occasion, André Vinícius de Alencar Alves, commercial director of Control
The Macau gaming industry demonstrated robust performance last week, with daily gross gaming revenues reaching approximately $77.9 million, investment bank JP Morgan said in a new report. Analyzing the growth momentum, JP Morgan observed sustained demand within the Macau market, suggesting no indications of a slowdown, and predicted the total March revenues to exceed $2.36
Gaming technology supplier Win Systems announced its participation in the upcoming edition of the GAT expo with its exclusive distributor in Colombia, Comercializadora Selan S.A.S. The event will be held in Cartagena de Indias on April 10th and 11th, and the company’s booth will be A11. Win Systems will introduce its latest Sublime hybrid cabinet,
Gaming technology and content provider Inspired Entertainment announced Friday the launch of End Zone Cash, featuring NFL Alumni (NFLA) players. The virtual lottery product will be available to play through the Pennsylvania Lottery in more than 10,000 retail locations throughout the state. End Zone Cash features retired football legends and 16 teams with eight matchups, and is
This week’s news is all about concerts in Las Vegas, with rumors of an Eagles residency at the Sphere on the horizon! Plus, Margaritaville Las Vegas has announced they are closing their doors soon! All this and an online slot for the Easter holiday! [embedded content] If you couldn’t tell, spring has sprung. The clocks
Announced as CEO of the bookmaker Betsul in November 2023, Fernando Garita participated in the last SBC Summit Rio, held between March 5 and 7 in Rio de Janeiro. During the event, which gathered more than 4,000 people, Garita talked to Yogonet about the regulatory process in Brazil, the company’s objectives, and other topics. This
The new owner of Rio Hotel & Casino is embarking on a $340 million renovation project to revitalize the iconic neon resort and enhance its connection to the Las Vegas Strip. Presently, guests must navigate a 10-minute walk on a deteriorating sidewalk along the I-15 freeway overpass to travel between the Rio Hotel and the
The sponsor of Minnesota’s sports betting bill, Rep. Zack Stephenson, is expressing optimism as momentum builds for legalization within the state legislature. Stephenson’s confidence comes amid a new agreement backed by charities, Minnesota tribes, and key legislators, signaling a potential breakthrough in the longstanding effort to legalize sports betting. “Well, I think momentum is building,
B2B online gaming solutions provider Gaming Innovation Group (GiG) has announced the signing of deals for its new iGaming platform CoreX and sportsbook SportX in Spain and Argentina, “as its revolutionary new X-Suite solutions continue to make a powerful impression on operators across regulated markets in Europe and Latin America.” The first partnership announced is
Flutter Entertainment has released its annual financial results for the fiscal year ending December 2023, reporting both challenges and successes. Despite experiencing a widening of its full-year losses, Flutter reported a surge in revenue. Full-year losses expanded from $370 million in the previous year to $1.2 billion in 2023, primarily due to one-off costs totaling $1.7
iGaming software solutions provider SOFTSWISS has been recognized in two categories at the Asia Gaming Awards. The ceremony took place at the Shangri-La at BGC Manila in the Philippines on 20th March. The Asia Gaming Awards were designed to convene key stakeholders from the Asian gaming sector – operators, regulators, suppliers, and service providers – and
Danville officials expect a revenue boost of about $25 million from the city’s casino in 2024-25, as revealed by City Manager Ken Larking in his presentation of the proposed $347.79 million budget for the upcoming fiscal year. Most of the casino money is set to cover an average of 5% pay-for-performance increase for municipal employees,
The New York State Gaming Commission has added another layer of uncertainty to the competitive race for three downstate casino licenses, announcing that it could delay issuing any permits or accepting applications until at least late 2025. The commission’s Executive Director, Robert Williams, cited the need for a citywide zoning change approval, expected in the
The Connecticut Lottery, in partnership with Fanatics Betting and Gaming, opened a new retail sportsbook location on Monday at Total Mortgage Arena in Bridgeport, Connecticut, the 10th retail sportsbook location in the state. Fanatics Sportsbook serves as the Connecticut Lottery Corporation’s (CLC) exclusive sports betting partner for mobile and retail betting in the state. Patrons
Blackstone-owned Crown Resorts has been allowed to keep its license for operating its flagship Melbourne casino, the Victorian Gambling and Casino Control Commission (VGCCC) announced on Tuesday. The decision comes over two years after the Melbourne casino came under government supervision due to breaches of anti-money laundering laws. The VGCCC stated that it is in the
Gaming Laboratories International (GLI) announced Monday that it has become the first laboratory to achieve accreditation to certify for betting systems, live game studios, and online games to be used by fixed-odds lottery operators by the Secretaria De Prêmios e Apostas (SPA) in Brazil. The accreditation means GLI is authorized to test and certify equipment,
Governor Maura Healey has appointed Commissioner Jordan Maynard as the Interim Chair of the Massachusetts Gaming Commission, following the retirement announcement of Cathy Judd-Stein. Maynard, who was appointed as a Commissioner in 2022 by Governor Charlie Baker, Attorney General Healey, and Treasurer Deb Goldberg, will assume the role until a permanent chair is appointed. “Since
US sports betting giant DraftKings has announced an expanded relationship with mental health services provider Kindbridge Behavioral Health (Kindbridge) to provide access to therapy and treatment for problem gaming in every jurisdiction where the brand operates its online sportsbook and iGaming products. DraftKings and Kindbridge originally joined forces in September 2023 to launch a pilot program to