In this session, our speakers will discuss the various obstacles to growth they’ve had to overcome and share the knowledge they’ve gained along the way. They’ll touch upon how payment systems and processes can be reconciled after a merger or acquisition takes place. Additionally, they will discuss how the effective analysis of payments data can help inform strategies for expansion.
Casino operator Wynn Resorts has reported a net loss of $1.04bn for the first half of the year, after the novel coronavirus (Covid-19) pandemic forced the temporary closure of its venues in the US and Macau.
The Good Causes element of lotteries is often overshadowed by the promotion of the opportunity to win life-changing sums. But recent events have shown there are results to be gained from making sure messaging includes both areas. Joanne Christie reports
William Hill has reported a 31.7% year-on-year decline in revenue for the first half of its financial year, though a £230.7m value added tax (VAT) refund allowed the operator to post a £115.6m net profit for the period.
Gaming solutions giant Playtech expects earnings for the first half of 2020 to reach €160m, after a strong performance from its online and financials divisions helped offset novel coronavirus’ (Covid-19) disruption to retail and sports in the period.
UK industry body the Betting and Gaming Council (BGC) has hit out against the suggestion of what it called an “arbitrary and random” monthly deposit cap, suggested in a report from think tank the Social Market Foundation.
Online sports betting operator PointsBet has entered into a partnership with National Basketball Association franchise the Indiana Pacers, as well as confirming the locations for three new off-track betting facilities in Illinois.
Gaming technology and payment solutions provider Everi Holdings says its business is showing signs of recovery in the early weeks of the third quarter, after seeing revenue plummet and losses mount in the first half of the year.
Score Media and Gaming, owner of online operator theScore Bet, announced it has received authorisation from the Colorado Division of Gaming to offer its online sports betting service to customers in the state.
Racecourse Media Group (RMG) chief executive Richard FitzGerald has announced that he will step down from the role “gradually” over the next six weeks, with finance director Martin Stevenson to take over as acting chief executive.
On 14 July 2020 the Ukrainian Gambling Law finally reached the end of its six-year journey to adoption. Alina Plyushch and Dmytro Hotsyn of the gambling desk of law firm Sayenko Kharenko explain the nuances of the new Gambling Law.
Baltic-facing operator Enlabs has put forward a number of proposed individuals to be appointed to a new board of directors at Global Gaming, in relation to its recent acquisition of a larger stake in the Ninja Casino operator.