Month: March 2024

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,
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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
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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
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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
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One of the most popular digital entertainment suppliers in the iGaming industry, Playson, expands to Portugal through a deal with Solverde.pt, a renowned casino and hotel owner and online casino platform operator. Portuguese expansion: The Portuguese players will be able to try more than 80 games from Playson’s premium offering. The games will be available
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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,
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Almost simultaneously with the illegal gambling scandal with the Japanese interpreter of Los Angeles Dodgers baseball player Shohei Ohtani, lawmakers Paul Tonko and Richard Blumenthal introduced their separate bill proposals to impose restrictions to sports betting industry in the States. Two lawmakers are reportedly pushing bills to impose more responsibility to sports betting companies and
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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
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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
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