The University of Nevada-Las Vegas (UNLV) has announced the creation of a new institute for Chinese Language and Culture. The new institute will be sponsored by Las Vegas Sands Corp. and will reflect the global operator’s dedication to “global engagement and cultural exchange.” Read the full article ➡️ https://lnkd.in/dYtBtmFH #usa #gambling #gamblingnews #donations #nevada #business #finance
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GamblingNews.com provides the latest gambling headlines across the globe, bringing you casino, poker and sports betting news on the daily.
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Updates
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Churchill Downs Incorporated (CDI), which owns the Kentucky Derby, and The New York Racing Association (NYRA), which runs major New York tracks like Belmont Park and Saratoga Race Course, have started a legal battle against the Horseracing Integrity and Safety Authority (HISA). They filed the lawsuit on December 4 in a Kentucky federal court. CDI and NYRA claim HISA has unconstitutional practices and mismanages fees as the national horseracing regulator. Read the full article ➡️ https://lnkd.in/d5wCSdMb #legal #usa #gambling #gamblingnews #lawsuit #business
Churchill Downs and NYRA File Lawsuit Against HISA Over Fee Dispute
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Allwyn has published its preliminary unaudited financial results for the third quarter of 2024. As the company recorded increases across the board, CEO Robert Chvatal expressed excitement about its standout performance in Greece and Cyprus. In Q3 2024, Allwyn reported a total revenue of EUR 2.14 billion ($2.26 billion), marking an increase of 7% year-on-year. This growth was attributed to strong performance in key markets, such as Austria, Greece and Cyprus. Net revenue, on the other hand, stood at EUR 981.8 million ($1.03 billion), up 11% year-on-year. Read the full article ➡️ https://lnkd.in/dQw2vJCi #finance #europe #gambling #gamblingnews #business
Allwyn Q3 Boosted by Strong Performance in Key Markets
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Yolo Entertainment, the company behind several leading iGaming brands, has enhanced its team with the addition of a new chief operating officer and three new directors. The new appointees will bolster the group’s leadership, allowing it to maintain its growth curve. The new addition to the group’s C-suite is Sandra Vask who has been named as the company’s new chief operating officer. A long-term member of the team, she joined Yolo Group six years ago and most recently worked as its head of legal. Read the full article ➡️ https://lnkd.in/eaiU-Sc5 #people #careers #gambling #gamblingnews #global #business
Yolo Entertainment Enhances Leadership with New COO, Three Directors
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DraftKings Inc. now faces a legal challenge from Lisa D’Alessandro, whose estranged husband, a resident of New Jersey, gambled away close to $1 million of their family’s money on the platform. The legal action alleges that the company played a role in fueling her husband’s gambling problem, which led to serious money troubles for her and their two kids. Read the full article ➡️ https://lnkd.in/dNimx_q6 #sports #sportsbetting #gambling #gamblingnews #usa #problemgambling
DraftKings Faces Lawsuit Over Alleged Exploitation of Problem Gambler
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Ryan Rainey, an Irish soccer athlete, has been suspended from competing after making wagers on the League of Ireland and FAI Cup games. Recognizing his mistake, the man admitted to having a problem with gambling. Rainey, a former player for the Finn Harps FC, has been charged for making multiple bets on professional soccer games despite the prohibition. His wagers were placed between 2021 and 2024, and, according to the FAI, also included bets on worldwide soccer events. Read the full article ➡️ https://lnkd.in/dNaBw6S7 #sports #soccer #ireland #europe #gambling #gamblingnews
Irish Soccer Pro Suspended Over Illegal Bets
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Despite a promising outlook for Macau, analysts remain cautious about the trajectory of the Las Vegas gaming market as Strip revenues continue to show year-over-year declines. With the difficult comparisons against the strong performance in late 2023, there are still concerns regarding the near-term prospects of Nevada’s flagship gaming destination. Read the full article ➡️ https://lnkd.in/dhh-ByKR #business #finance #gambling #gamblingnews #casino #macau #lasvegas
Analysts Apprehensive of Las Vegas, Optimistic About Macau’s Growth
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The Linköping administrative court in Sweden has significantly reduced a fine imposed on Videoslots by the country’s gambling regulator, Spelinspektionen. The penalty, initially set at SEK 9 million ($827,000) for anti-money laundering (AML) and terrorist financing violations, was slashed to SEK 4 million ($367,000) after an appeal by the online casino operator. However, Spelinspektionen’s warning remains. Read the full article ➡️ https://lnkd.in/duAwY8Nr #sweden #regulation #gambling #gamblingnews #europe
Swedish Court Reduces Fine Against Videoslots
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A group of plaintiffs has sued VGW, Apple, and Google in New York’s Southern District Court. They accuse these companies of running or backing illegal gambling operations. Read the full article ➡️ https://lnkd.in/dbuShDJC #vgw #apple #google
VGW, Apple, and Google Face Illegal Gambling Lawsuit in NY
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Hector Fernandez will take charge as CEO of the merged business combining IGT's Gaming and Digital division with Everi Holdings Inc., once the deal closes. Read the full article ➡️ https://lnkd.in/dvP8PErN #igt #aristocrat #everi #gamblingindustry #gamblingnews
Hector Fernandez to Lead Combined IGT and Everi Enterprise as CEO in 2025
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