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Playtech Gets No Bid From Investor Group, Has No Fallback Suitors
Maybe Playtech should’ve stuck with its Australian beau. That’s because today, the Isle of Man-based online gambling software supplier got a “no intention to bid” notice from the investor group for whom it dumped a $3.7 billion offer from Australia-based Aristocrat Leisure. Tomorrow was the deadline for Hong Kong-based TTB Partners Limited to relay an […]
Connecticut Launches Live Dealer Games, Evolution’s Jeff Millar Talks to Bonus.com
Connecticut‘s live dealer studios soft-launched today. If all goes well, the full launch will happen on July 18. Meanwhile, Bonus.com talked to the North American representative of the company behind the online casino gambling offering. Jeff Millar, Evolution’s North American commercial director, talked to Bonus.com about the Connecticut studio and more. Evolution provides the studio […]
RI Bally’s Casino Workers May Strike Next Week
Winds may shift next week when a union negotiating committee meets with Bally’s Twin River Lincoln Casino Resort officials. One tack may steer the Rhode Island retail casino‘s workers toward a strike they authorized their union to call on June 28. A different maneuver may result in the committee and casino officials reaching a tentative […]
High 5 Games Gets the Regulatory Nod, Pennsylvania Product Launch Imminent
Slots lovers in Pennsylvania can give each other a high five because new games are on the way. High 5 Games is one of the most original slots developers out there in terms of theme and presentation. Already operating in New Jersey, Michigan, and Connecticut, it has had its eyes on the Keystone State for […]
Maryland Online Sports Betting Launch Could Still Be Several Months Away
Maryland hopes to begin accepting mobile sports betting license applications in late summer 2022, according to state gaming regulators overseeing the process. But a Maryland mobile sports betting launch could still be months away. It’s a regulatory issue. Applicants who qualify for a Maryland mobile sports betting license would have to be approved by state […]
Federal Lawmakers Ask DOJ to Target Unregulated Offshore Sportsbooks
On June 29, 2022, a group of congressional representatives, seemingly led by Nevada congresswoman Dina Titus wrote to US Attorney General Merrick Garland. They jointly requested that the Department of Justice (DOJ) “make a concerted effort to fight illegal offshore sportsbooks.” This is hardly the first request made to the DoJ requesting federal assistance in […]
Penn National Employee Charged with Insider Trading
Amateur criminals often find that they’d have been better off leaving things to the professionals. In what may prove to be an example of that, the Securities and Exchange Commission (SEC) recently charged a Penn National Gaming employee with insider trading. Earlier this month, the SEC alleged that David Roda, 36, and a childhood friend […]
Bonus.com Q&A With Huddle: CEO Francesco Borgosano on Odds-Making, Trading
For US online sportsbooks, every second matters. To that end, some online gambling operators are investing in real-time odds-making and trading tools. Firmly within those software providers sits New York City-based Huddle Tech. Huddle CEO Francesco Borgosano recently spoke with Bonus.com about the growing field. At the moment, many online gambling operators are keeping their […]
Bally’s Corporation Announces $190 Million Share Buyback Via Dutch Auction
The story of US online gambling industry strategy is one of tortoises versus hares. Bally’s Corporation has always positioned itself firmly in the former camp. Like almost every company in every industry, Bally’s is on a downswing. From January 1 to the beginning of this week, its stock ($BALY) had lost over half its value. […]