Month: September 2024

BIG Cyber, a BMM Innovation Group Company dedicated to providing cybersecurity services and solutions to the gaming industry, has announced its participation as a platinum sponsor and exhibitor at the 25th Annual TribalNet Conference & Tradeshow, on September 16 – 19, at the Westgate Las Vegas. Attendees are invited to visit BIG Cyber at Booth No.
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Middlesbrough Football Club (MFC) has announced the renewal of its partnership with the Kindred Group, which will see the gambling operator continue as the club’s principal front-of-shirt sponsor for an additional two years.  The agreement, which began in 2018, is now set to last until nearly a decade, making it one of the longest-running sponsorships
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Snuneymuxw First Nation has purchased Elements Casino Victoria from Great Canadian Entertainment, marking its second casino acquisition on Vancouver Island in a move to bolster economic self-sufficiency. The deal, announced by Snuneymuxw Chief Mike Wyse on Tuesday, is part of the nation’s broader strategy to establish a sustainable cash flow and reduce its reliance on
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Labour ministers are facing growing pressure from campaigners, politicians, and football figures to impose stricter regulations on gambling advertising, particularly in sports, to protect vulnerable groups, including children. At a Westminster summit, former Conservative leader Iain Duncan Smith, alongside other campaigners, urged the culture secretary, Lisa Nandy, to introduce tighter controls on gambling marketing. The
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Singapore has approved amendments to its Casino Control Act, allowing cashless gambling in its two casinos while banning the use of cryptocurrencies due to concerns over money laundering. The changes were announced by Minister of State Sun Xueling and are part of the government’s effort to modernize the gambling industry. The new regulations will enable
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Superbet founder Sacha Dragic has returned to the company as Co-CEO, marking a leadership shift. After stepping away from the role for five years, Dragic will now lead the company alongside Jimmy Maymann, who was appointed CEO earlier this year. The leadership changes at Superbet also include the appointment of Sameen Jalal as Chief Technology
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Fox Corporation’s CEO, Lachlan Murdoch, at the Goldman Sachs Communacopia and Technology Conference, confirmed the company’s strategic move to activate its option to acquire an 18.6% stake in the sports betting giant, FanDuel. This anticipated transaction is noted for its financial astuteness, as Murdoch highlighted a potential saving of $2.2 billion below the stake’s open market value. Historical context
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The SBC Summit is set to debut its Super Stage at Lisbon’s MEO Arena, featuring a star-studded lineup that includes renowned figures from sports and technology. The three-day event will spotlight legendary skateboarder Tony Hawk, World Wide Web inventor Sir Tim Berners-Lee, Portuguese football icon Luís Figo, Danish goalkeeper Peter Schmeichel, and UFC star Merab
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A federal judge has ruled in favor of New York-based exchange Kalshi, striking down the Commodity Futures Trading Commission’s (CFTC) prohibition on offering bets on U.S. election outcomes. The decision challenges a longstanding ban on election betting in the U.S., but its implementation remains on hold pending further hearings. U.S. District Court Judge Jia Cobb
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Fox Corporation CEO Lachlan Murdoch revealed the company’s intention to exercise an option to acquire an 18.6% stake in the betting company FanDuel, with the potential deal valued significantly below current market rates. Speaking at the Goldman Sachs Communacopia and Technology Conference, Murdoch noted that analysts from Goldman Sachs appraise FanDuel, owned by Flutter, at $35
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In response to the growing prevalence of online sports betting and the disparities in state regulations, US Representative Paul Tonko, alongside US Senator Richard Blumenthal, have announced plans to introduce new federal legislation that seeks to harmonize the regulatory landscape across the United States. The announcement was made on Tuesday (10 September), and the lawmakers have scheduled a
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In a strategic move to broaden its hospitality and gaming empire, Bloomberry Resorts Corp has unveiled plans to develop its third Solaire-branded integrated resort, to be located in the picturesque setting of Paniman, Ternate, in Cavite, just south of Metro Manila. This new venture, named Solaire Puerto Azul, promises to be a significant addition to Bloomberry’s prestigious portfolio. The
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