By Tomas Medon Penn National’s Growth Attributed to Recent AcquisitionsMay 3, 2019 In October 2018, the Berks County-based Penn National Gaming acquired Pinnacle Entertainment, and this has been touted to be one of the moves that have helped the company to post record revenues and net income for the first quarter of this year. As a matter of fact, the casino operator has already increased its expectations […]
By Alexander Palmer NJ Online Gaming Market Growth Drives GAN to Record RevenuesMay 2, 2019 London-listed online gaming service provider, GAN has reported record revenue for the first quarter of the year and this is largely thanks to its online gambling and sports betting operations in the state of New Jersey. Revenue went up by a whopping 122 percent year-over-year compared to the same period in 2018. Now that is […]
By Ameana Jones Italy Eases Strict Ban on Gambling AdvertisingMay 2, 2019 Gaming operators in Italy have finally gotten some breathing space thanks to a recent by the country’s regulators to give lift some of the restrictions that are part of the new gambling ban. Now, with a little more flexibility with regards to search engine optimization (SEO) and marketing, the operators have a little less […]
By Elaine West LeoVegas, Playson Partner for European Gaming MarketMay 2, 2019 Playson, a renowned Malta-based online casino content developer has announced its newly-inked partnership with LeoVegas, a popular online gaming regulator with ties to multiple gaming-friendly jurisdictions across the globe. As per the of the new partnership agreement, a decent number of the supplier’s outstanding games will now be available on the LeoVegas platforms across […]
By Grant Mahon Gaming Operators in India Under Fire Over GST PaymentsMay 1, 2019 India’s indirect tax department has begun questioning some of the country’s leading online fantasy and skill gaming companies such as Dream11 and others in a bid to ascertain whether there is a revenue leakage on of the methodology that these platforms use to calculate and pay the GST (goods and service tax). In other […]
By Tomas Medon New Southland Gaming Resort & Casino Coming to West MemphisMay 1, 2019 Gulfport Mississippi-based Roy Anderson Corp. (RAC), subsidiary of Tutor Perini Corp., a Los Angeles-based specialty construction company has been awarded a $200 million contract to build the new Southland Gaming Casino and Hotel Project in West Memphis, Delaware. The Mississippi-based construction firm which has completed several projects for the gaming industry in the United States […]
By Alexander Palmer Wynn Resorts Fined $35M, To Keep Massachusetts Gaming LicenseMay 1, 2019 Despite having significantly and repetitively failed to handle matters related to sexual misconduct allegations against its founder as well as the many shortcomings of its current chief executive officer, Wynn Resorts has been allowed to keep its Bost-area casino license by the Massachusetts Gaming Commission. However, this is on condition that the company pays a […]