SAT, 21ST JAN 2017
In-Depth Analysis for the gaming industry
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Legal & Regulatory
Mergers & Acquisitions
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Caesars finally settles $18bn bankruptcy case
Caesars Entertainment Corporation has been given the go-ahead to finalise its $18bn bankruptcy case, with the company now set to focus...
Kindred Group launches Scandinavian-facing online casino brand following EU consumer protection audit
Kindred Group (formerly known as Unibet Group) has recently launched a new internet casino brand targeting the small group “high rollers”...
Atlantic City breaks ten year losing streak all thanks to online gambling
New Jersey’s casino industry has just broken a ten year losing streak after posting a moderate 1.5% increase in revenues for...
Macau’s casino employees go on strike
Casino workers in Macau went on strike in order to demand a 5% pay increase, along with new legislation that would...
James Packer returns as Crown chairman steps down
Robert Rankin has stepped down from his role as chairman of Crown Resorts following a restructuring of the company’s senior governance....
Pennsylvania state Senator plans to introduce 'online gaming bill' in the near future
Senator Jay Costa has recently issued a memorandum announcing his intentions to introduce an online gambling bill based on HB 1887...
Betfred signs deal with Realistic Games
Betfred has signed a deal with slots and table games supplier Realistic Games to provide the bookmaker with its full portfolio...
Ruben Sigala appointed CMO of Caesars Entertainment
Following a successful interim period, Ruben Sigala has been appointed Chief Marketing Officer of Nevada-based casino operator Caesars Entertainment. ...
Macau experiences third successive year of decline
The Gaming Inspection and Coordination Bureau recently published Macau’s final 2016 gambling revenue figures, revealing an accumulated gross revenue decline of...
Pennsylvania warns Sands not to neglect tax obligations
Last week, casino operator Las Vegas Sands refused to pay the $10mn host fee for its Pennsylvanian casino in Bethlehem. However,...
Icahn may sell Trump Taj Mahal
Carl Icahn is allegedly discussing the possibility of selling Trump Taj Mahal with fellow casino operators. The investor had failed...
Baazov ends bid to buy Amaya
David Baazov, Amaya’s founder and former CEO, has ended his efforts to buy back the company, following a difficult initial bid....
Mr Green appoints Stefan Gustafsson as acting CEO of technology division
Stefan Gustafsson has been appointed acting CEO of Mr Green & Co Technology company following the departure of Niclas Enhörning. ...
888 expected to achieve full-year target
888 reported that adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) will be in line with expectations for the year...
Crown ditches China with sell-off of Crown’s overseas casinos
Casino magnate James Packer has decided to scale back the international ambitions of his gambling empire in a strategically motivated shift...
Japan legalises Casinos
Japanese parliament passed a law today to legalise land-based casinos. The passing of the ‘integrated resorts’ bill ends 15 years of...
Governor Christie insults voter decision to reject North Jersey casinos
New Jersey Governor Chris Christie called voters ‘dumb’ after the recent referendum rejecting casinos in North Jersey. Christie supported the...
Japan casino bill clears upper house
A contentious bill to legalise casinos in Japan has, despite fierce opposition from Japan’s Democratic Party, passed through a key parliamentary...
New legislation may bring online gaming to New Jersey’s racetracks
Lawmakers in New Jersey have proposed a new bill which would enable racetracks to break into the online gambling industry, allowing...
Macau casino shares prices slide; government tries to ease concerns
Macau authorities have announced that they have not restricted daily cash withdrawals for Chinese gamblers, after a report to the contrary...
Shareholder scorns Bazoov’s bid for Amaya
Jason Ader, CEO of Amaya shareholder and New York hedge fund SpringOwl, has made it clear that he opposes founder and...
Unibet officially renamed Kindred Group Plc
At a General Meeting in Stockholm earlier today, shareholders approved the proposed change of the name of the holding company from...
Be The House signs with William Hill
It has been announced today that gaming company Be The House is launching its Cash In Roulette online game with William...
Formal opening for Lucky Dragon
Lucky Dragon hotel-casino launched with a soft open two weeks ago, on Saturday 3 December it had its official grand opening,...
Japanese gaming shares soar as ‘casino bill’ is passed by Lower House
The long-awaited ‘casino bill’ has been passed in Japan’s Lower House Cabinet Committee, bringing Japan’s ruling Liberal Democratic Party led by...
Mohegan Sun aims for $750m in fees from Incheon casino
Tribal casino operator Mohegan Sun Tribal Gaming Authority (MTGA) is targeting approximately $750m in fees for its partnership in the Incheon...
Playtech acquires 70% of CFH
Having concluded its regulatory filing with the London Stock Exchange, Playtech Plc has completed its acquisition of 70% of Consolidated Financial...
Macau sees biggest monthly revenue rise in over two years
Macau, the heart of the world’s casino gaming industry, has reported a 14.4% rise in monthly gross revenue this November. ...
Japan reopens debate to legalise casinos
Shinzo Abe, Prime Minister of Japan, will need support from his Buddhist-backed coalition partner Komeito, a group of legislators whose ethical...
PokerStars granted first online poker licence in Portugal
PokerStars, subsidiary company of Amaya, is now the first company to be granted a casino and poker licence to operate its...
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