Month: November 2024

SJM Holdings Ltd has showcased a significant turnaround, reporting a profit of HKD101 million (US$13.0 million) for the third quarter ended September 30, contrasting sharply with a loss of HKD410 million during the same period last year. This notable recovery highlights the company’s resilience and strategic adaptations in a fluctuating market. Quarterly financial highlights and yearly comparisons: The firm disclosed
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After years of anticipation and planning, the Wind Creek Chicago Southland casino opened its doors to the public, marking a significant milestone for local entertainment and economic development. Located at 17300 S. Halsted St. in East Hazel Crest, this new gaming and entertainment facility began welcoming patrons on Monday, November 11, amid high expectations and enthusiastic crowds.
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The long-awaited Wind Creek Chicago Southland casino opened its doors on Monday morning, drawing hundreds of eager visitors. The 75,000-square-foot property, featuring a range of slot machines, table games, and restaurants, welcomed patrons from the local area and beyond. Many were excited to see the development finally come to life after years of anticipation, with
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In a landmark deal for the company, Gaming Innovation Group Software Plc (GiG) has announced its expansion into the Asian iGaming market through a significant partnership with Bloomberry Resorts Corporation and its flagship property, Solaire Resorts. This collaboration marks GiG’s inaugural entry into Asia, an important milestone in the company’s ongoing global growth strategy. Bloomberry
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Endeavor Group Holdings, Inc., a prominent force in the global sports and entertainment sectors, announced a decisive move in its strategic reconfiguration by agreeing to sell its sports betting divisions, OpenBet and IMG ARENA, to OB Global Holdings LLC. This transaction, spearheaded by a management buyout featuring prominent participation from OpenBet executives including CEO Jordan Levin, is backed by
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The Kansspelautoriteit (KSA), the Dutch Gaming Authority, has reprimanded three providers for incidents involving sponsorships. The companies were found in violation of new rules regarding sponsorship that went into effect in July, which include the prohibition of sponsoring television programs and events. Under the regulatory update, only sports sponsorships are permitted at the time, until July
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Paytech solutions provider OKTO has announced the launch of digital wallet solution OKTO.WALLET for Replatz’s players in Italy.  By integrating OKTO.WALLET, Replatz enhances its payment options, allowing users a new secure way to deposit and withdraw funds in cash from their online accounts. With robust security features and seamless integration, the solution enables Replatz customers to deposit
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The Paraguayan government has introduced a bill to the Chamber of Deputies to transform the country’s gambling landscape. The new proposal seeks to update Law No. 1,016/1997, which has regulated Paraguay’s gambling market for over two decades. The proposed changes would dismantle gambling monopolies, opening the market to private competition and strengthening the powers of
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