News

Holding firm of late Kirk Kerkorian sells remaining shares of MGM

The business that once connected the late Kirk Kerkorian and MGM Resorts International (NYSE:MGM) is no more after on Monday the Las Vegas-based global hospitality and entertainment company revealed that the holding firm, Tracinda Corporation, owned by MGM’s late founder, has sold its remaining shares in the casino giant. Kerkorian passed away on June 15, […]

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Casino industry proves importance to Macau’s economy

The amount of cash the Macau casino industry contributed to the local economy in 2018 reportedly hit a four-year high at almost $25.2 billion while the sector’s annual gross surplus grew by 14.8% when compared with the previous twelve-month period to top $22.4 billion. According to a report from GGRAsia citing the local government’s own […]

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Greentube grows Italian footprint courtesy of new E-Play24 partnership

In a move that has strengthened its footprint in the Italian online gambling market, leading developer and supplier of iGaming solutions, Greentube, has inked a deal with locally licensed online gambling operator and platform provider E-Play24. The agreement will see the NOVOMATIC Interactive division take its Home of Games portfolio live across the Malta-headquartered operator’s […]

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Wazdan to provide sneak peak of new titles during Olympia London’s CasinoBeats Summit 2019

From September 17th through the 20th, the CasinoBeats Summit 2019 will take place alongside the Betting on Sports Week event, bringing operators, affiliates, suppliers and media companies, along with regulators and payment providers from the industry together to discuss the online casino sector and challenges the industry faces. Wazdan has announced they will be attending […]

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Jack Entertainment abandoning Detroit following Greektown Casino-Hotel sale

As part of a campaign to refocus its business and American casino operator Jack Entertainment has reportedly detailed that it is to begin gradually shutting its main office in Detroit for the loss of some 92 jobs. According to a Wednesday report from Crain’s Detroit Business newspaper, the firm announced the move early last week […]

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Philippines getting tough on POGO license holders’ tax arrears

In the Philippines and the nation’s Finance Secretary has reportedly made good on an official pledge to crack down on all licensed online gambling operators found not to be paying the appropriate amount of tax. According to a report from Inside Asian Gaming, Carlos Dominguez III (pictured) used an official Friday meeting with members of […]

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