Las Vegas Sands announced Wednesday it has again been named one of the “World’s Most Admired Companies” in Fortune’s annual list of the most respected and reputable businesses. Sands’ 2022 appearance on the list is its sixth straight and ninth in the past decade. Patrick Dumont, President and COO of Las Vegas Sands spoke about the company’s
Industry
Super Bowl LVI could lead to the US generating about $1 billion in legal bets, according to projections by PlayUSA released on Wednesday. The network, which provides news and analysis of the US gaming industry, believes that if sportsbooks reach those estimates, it would roughly double last year’s estimated Super Bowl handle of more than
Penn National Gaming released Thursday itsreport on financial results for the three months and year ended December 31, 2021. In Q4, revenues amounted to $1.6 billion, an increase of $545.1 million in a year-over-year comparison; and $231.3 million compared to 2019. This result was above Wall Street forecasts. The gambling operator re-initiated full-year guidance, with
Euro Games Technology (EGT) has become the latest exhibitor to withdraw from its participation at ICE London 2022. The Bulgarian gaming provider announced its “tough” decision in a press release Thursday, after “difficult discussions and thorough considerations”. It cited concerning factors surrounding this event, including “health risks and unfavourable allocation of dates,” concluding that its
BetMGM and FanDuel announced the openings of stadium sportsbooks in separate releases. BetMGM has teamed with the Washington Nationals, while FanDuel will work with the stadium where the Chicago Bulls and Blackhawks play. Plans for the BetMGM sportsbook should have it live before the start of baseball season. Fans of Major League Baseball’s Washington Nationals
Gaming and sports betting tech company Elys Game Technology announced on Wednesday that Grand Central Restaurant and Sportsbook in Washington D.C. has been granted approval from the DC Office of Lottery and Gaming to expand its sports betting operations. The Regulation and Oversight Division has given Elys and Grand Central permission to increase the number
Spokane Tribe Casino announced Tuesday an exclusive agreement with Caesars Entertainment to bring Caesars Sportsbook to the Washington property, in line with the first phase of its expansion plan. This partnership will bring retail sports betting to the casino “with a seamless experience that makes it easy and quick to make a sports wager”, the
The AGEM Index published Thursday its numbers for January 2022. The first month of the year saw a decline by 45.71 points to 925.87, marking a 4.7% decrease from December 2021. Compared to one year ago, the index increased by 229.80 points for an annual growth rate of 33%. In the latest period, nine of
PAGCOR —the state-run Philippine Amusement and Gaming Corporation— has issued its first online bingo license. The recipient of the first-of-its-kind Online Traditional Bingo (OTB) license is the holding company Leisure & Resorts World Corporation (LRWC), a Philippine Stock Exchange-listed business working within the gaming and hospitality industries. The awarding of the license will allow the company
MGM Resorts International, BetMGM, and the National Hockey League (NHL) announced on Thursday a multi-year extension of their partnership. The news comes as MGM Resorts, which operates T-Mobile Arena, prepares to host Honda NHL All-Star Weekend festivities in Las Vegas on February 4-5. Several special events will take place at MGM Resorts’ properties along the Las Vegas
Evolution announced Wednesday it has gone live with the Ruby Lounge, a complete dedicated online live casino environment for customers of all ComeOn Group brands across multiple markets. The Ruby Lounge currently comprises eight Live Blackjack tables and one Live Roulette table, served by ComeOn’s dedicated dealer team. “Operating 24/7 from Evolution’s studios and featuring
The Cordish Companies announced Wednesday the appointment of two key executives to Cordish Gaming Group, the company’s gaming division. Bill Mikus will assume the role of Senior Vice President of Human Resources, and Edward Evans will take over the Director of Diversity, Equity & Inclusion position. In their new roles with the company, Mikus and
Sports bettors in New York placed over $1.1 billion in mobile sports wagers in less than a month in January. The state has now become the fastest to break the $1 billion handle mark and has surpassed the prior record for strongest launch, set by Arizona, which blew past $1 billion in November. Since opening
Buenos Aires City Lottery (‘LOTBA’ in Spanish) has confirmed that it will participate in the expo’s 30th edition, which will take place on March 30th and 31st at the Hilton Buenos Aires Hotel and Convention Center. “I want to thank LOTBA for its active participation as the host lottery, supporting the industry, and explaining the current gaming situation in its
Gaming operator and Station Casinos parent company Red Rock Resorts released on Wednesday its financial results for the fourth quarter of 2021 and the full year ended Dec. 31. During FY21, net revenues were up 37% to $1.6 billion versus 2020, while net income increased to $354.8 million from a net loss of $174.5 million
The South Dakota’s Senate Commerce and Energy committee advanced Senate Joint Resolution 502 6-5 Tuesday morning, which would place a constitutional amendment on the Nov. 2022 ballot election allowing South Dakota residents to bet on sporting events online. The point of this new resolution is to decentralize sports betting and make it available in online
Slotegrator’s Head of Sales shares insights on the importance of ‘big data’, what it is, and why it is crucial in nearly every industry. He further explains that harnessing the power of big data can vastly improve operators’ efficiency, and how Slotegrator contributes to this. Using data to combat fraud, fighting problem gambling, and data-driven
Casino loyalty and technology developer Acres Manufacturing Company is launching its Foundation App Store, the company announced on Wednesday. It is described as “an open-to-all environment” that allows any developer to provide applications for any slot machine or table game deploying Acres’ Foundation casino management system technology. The Foundation App Store enables casino operators to
UK gambling industry standards body Betting and Gaming Council (BGC), which represents betting shops, casinos and the online gaming sector in the UK, announced on Wednesday its support for the Government’s Levelling Up agenda. The white paper sets out a framework for boosting jobs by pledging to spend £20 million ($27 million) on training and development
An investigation led by the UK Gambling Commission, in partnership with UK law enforcement partners through the Government Agency Intelligence Network (GAIN) and specialists from Facebook, has seen the disruption of illegal lotteries operating on the social networking platform, the regulator announced on Wednesday. According to the UKGC, the partnership work was a “success” in