Business News

SPiCE Gaming Conference and Exhibition to be held in Goa Marriott Resort & Spa in 25-27 February 2019 amidst discussion in India’s parliament on betting legalization

Wishing you all a very happy and prosperous New Year! As we enter the new year, there is excitement and anticipation building up for the much awaited, Strategic Platform for iGaming Conference & Exhibition (SPiCE) that is scheduled to be held from 25th – 27th February, 2019 at the Goa …

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Penn National closed Louisiana casino purchase

Penn National Gaming has completed the purchase of the operations of Margaritaville Resort Casino in Bossier City, Louisiana (“Margaritaville”), for total consideration of $115 million. Penn National completes Louisiana casino purchase in its press release, Penn said the transaction was financed with incremental borrowings under its revolving credit facility. According …

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Scientific Games partners Oneida for New York sports betting

Scientific Games Corporation has been selected to provide the Oneida Indian Nation’s three leading casinos in upstate New York with unrivaled sports betting player experiences through its OpenBet technology, upon the launch of New York’s sports betting market. This will include player management software and dynamic pre-game and live data …

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Danish regulator bans 18 illegal gambling sites

Danish Gambling Authority Spillemyndigheden conducted three web searches in collaboration with the Danish Tax Authority and decline in the number of illegal gambling websites targeting Danish players indicates a limited illegal gambling market in the country. The regulator ultimately found that 22 sites were breaching regulations by offering gambling without …

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Scout Gaming Group signed a licence agreement with Logrand Entertainment Group

Daily Fantasy Sports provider Scout Gaming has entered into a license agreement with Logrand Entertainment Group. The agreement gives Logrand full access to Scout Gaming’s full Fantasy Sports platform. Under the terms of the agreement Logrand will offer its customers throughout Mexico access to Scout’s gaming platform. The deal will …

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GGR in Macau up 14% year on year

Macau’s Gaming Inspection and Coordination Bureau (DICJ) announced that Gross gaming revenue (GGR) in Macau totaled MOP302.85 billion ($37.57 billion) for 2018. GGR increased 16.6% yearly to MOP26.468 billion in December 2018, being the upper limit of the street consensus. The amount was 14% higher than the MOP265.74 billion ($32.97 …

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Ladbrokes Coral signed a five-year renewal of Coral sponsorship of the Welsh Grand National

UK bookmaker Ladbrokes Coral have announced their sponsorship of the Welsh Grand National, breaking a record for Graded race sponsorship.  The announcement by Arena Racing Company (ARC), Chepstow Racecourse and Ladbrokes Coral of a five year renewal for the sponsorship of the showpiece race marks the longest sponsorship of a Graded …

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