About the Author
Emile Avanessian
Latest articles
Light & Wonder Gets Into the Customer Loyalty Business With House Advantage Acquisition
One would imagine that “commitment”, “evolution” and “focus” are frequently-uttered words around the executive offices of Light & Wonder, Inc. (L&W) these days. On October 6, the Las Vegas-based omnichannel casino supplier announced the acquisition of “substantially all of the assets” of House Advantage, LLC. It paid an undisclosed sum in an all-cash deal for […]
PGCB Diversity Report Highlights Continued Gender Inequality at PA Casinos
On September 30, the Pennsylvania Gaming Control Board (PGCB) released its 15th annual Diversity Report. The 2021-22 report, required under 2004’s Pennsylvania Race Horse Development and Gaming Act, examines the racial and gender diversity among those employed at Pennsylvania’s casinos. The number of casinos has grown to 16 this year (with the addition of Hollywood […]
Does Fertitta Entertainment’s New Strip Resort Represent a New Direction for the Company?
On October 6, the Las Vegas Review-Journal reported that Tilman Fertitta has filed plans with the Clark County Commission to add another major resort to the Las Vegas Strip. According to County records, the proposed project is a 43-story, 2,420-room hotel-casino that will feature villas, convention space, a spa, auto showroom and a 2,000-plus seat […]
Bally’s Chicago Traffic Impact Study Raises Major Questions
Casino opponents have criticized a study assessing the traffic impact of a temporary Bally’s Corporation casino in the neighborhood around its proposed location. Construction of Bally’s new downtown casino in River West won’t be complete until 2026. In the meantime, the Company wants to open a temporary location at Medinah Temple in Chicago’s River North neighborhood. […]
Light & Wonder Completes Divestment of Non-Casino Operations
On the morning of September 30, Light & Wonder, Inc. (L&W) announced the completion of the sale of its sports betting business, OpenBet. The buyer is US-based sports and entertainment content company Endeavor Group Holdings. Under the reported terms of the deal, Endeavor paid L&W $750 million in cash, plus approximately $50 million worth of Endeavor […]
Twitch Policy Change Strikes a Blow to Illegal Cryptocasinos
Twitch has managed to build a well-known brand for itself. Some may know it as a platform on which popular gamers and esports competitors stream their play for an audience. Others may know it as the place to watch US National Women’s Soccer League matches online. Either way, chances are the majority of users don’t […]
Netflix’s New Budget Option Will Feature Advertising, but not Gambling Ads
Despite promises to the contrary, Netflix is looking at advertising to boost its revenue. North Americans who already feel inundated with sports betting and online casino ads will be relieved to know that gambling ads are not in the plan. For some time now, change has been whipping through Netflix’s business. Subscriber growth, which powered […]
