Gangwon Land Reports Significant Loss in 2020 Due to COVID-19 Closure
The South Korean gambling and resort company, Gangwon Land, experienced a substantial financial setback in 2020, reporting a loss of 275.86 billion won (equivalent to $250.2 million). This downturn was primarily attributed to the prolonged closure of its resorts, a consequence of the global COVID-19 […]
Gambling
Playtech and Novomatic Americas Partner to Offer Sports Betting Solutions in the US
Playtech, a top global gaming technology provider, has formed a strategic alliance with Novomatic Americas, a fully owned division of Novomatic AG, Europe’s largest VLT provider. This collaboration builds upon a long-standing connection between Playtech and Novomatic, with the two entities operating over 10,000 self-service […]
Gambling
Star Entertainment Group Rejects Money Laundering Accusations
Star Entertainment Group, an Australian firm, has further addressed media reports accusing it of money laundering, rejecting claims that it disregarded a KPMG report outlining weaknesses in the company. The group expressed worry about the accusations and stated it would take action to address them. […]
Gambling
888 Holdings William Hill Acquisition Pushed to Q2 2022
The 888 Holdings purchase of William Hill’s operations outside the United States is now anticipated to close in the second quarter of 2022. This represents a minor postponement from the original schedule revealed in November, which had a Q1 target date. According to 888’s most […]
Gambling
1×2 Network Secures Swedish B2B Gaming Permit, Signaling Expansion into Regulated Markets
1×2 Network, a software development firm holding licenses in both the UK and Romania, has been granted a sought-after Swedish B2B gaming permit from the Swedish Gambling Authority (SGA). This accomplishment marks a significant stride in the company’s international growth plan. Chief Executive Kevin Reid […]
Gambling
Aim Global to Delist from Nasdaq Stockholm Following NeoGames Acquisition
Aim Global, a gaming technology firm, has sought to withdraw its stock from the Nasdaq First North Premier Growth Market in Stockholm after being purchased by NeoGames. NeoGames, which submitted an offer for Aim Global in the first month of 2022, currently possesses roughly 98.25% […]
Gambling
Relax Gaming and Apparat Gaming Join Forces to Deliver Engaging Slots
Relax Gaming, a prominent iGaming hub and provider, has teamed up with Apparat Gaming, a rising force in the online slot arena. This collaboration will bring Apparat Gaming’s fresh and “German-focused” games to a wider audience through Relax Gaming’s robust Powered by Relax platform. Established […]
Gambling
FBM Sets Sights on Revolutionizing the Philippine Casino Market with New Slot Machines
A prominent global gaming entity, FBM, has the Philippines in its sights. Their goal? To revolutionize the nation’s casino landscape with a deluge of cutting-edge slot machines. This is no small undertaking; FBM has been meticulously developing its slot machine portfolio for the past three […]
Gambling
Wayne Carey Removed from Crown Casino Over White Substance Incident
Iconic Australian rules football player Wayne Carey has publicly condemned Crown Resorts after being removed from the company’s Perth gaming establishment for possessing a white substance. Last week, Carey reportedly dropped a satchel containing the substance, which he insists was not an illicit drug. The […]
Gambling
888 Holdings to Acquire William Hill’s Non-US Assets in $3 Billion Deal
888 Holdings is poised to purchase the non-US holdings of William Hill for a substantial $3.03 billion, reaching an agreement with Caesars Entertainment, the current owner of William Hill. This tactical maneuver seeks to merge two giants in the internet wagering and gaming realm, establishing […]
Gambling
3 Oaks Gaming Partners with Supabets for South African Debut
3 Oaks Gaming is entering the African market for the first time through a collaboration with Supabets, a prominent South African wagering company. This alliance will introduce 3 Oaks’ well-received games, including popular choices like “Sun of Egypt 3: Hold and Win”, to Supabets’ vast […]
Gambling
Expanding Your Brand Worldwide: PIN-UP Global’s Approach to Strategic Expansion
## Expanding Your Brand Worldwide: PIN-UP Global’s Approach to Strategic Expansion The gambling sector, with its dynamic and constantly evolving landscape, is always seeking methods to expand its reach across the globe. Faced with obstacles ranging from regulatory intricacies to cultural disparities, operators must navigate […]
Gambling