3884 stories by Philip Conneller
Anger Builds as Seminole Hard Rock Casinos Remain Open Despite Mounting Coronavirus Cases in Florida
The coronavirus has forced the closure of 96 percent of commercial casino operations in America, according to the American Gaming Association. Many tribal operators are also heeding the advice from state and federal governments to follow suit, despite the economic devastation it...
UKGC Suspends Lotteries.com License as Regulator Ramps Up Enforcement on Errant Operators
The UK Gambling Commission (UKGC) announced this week it has suspended the license of Lotteries.com parent International Multi-Media Entertainments Ltd (IMME) over unspecified concerns about anti-money laundering (AML) and social responsibility violations. The commission said it had instructed Malta-based IMME to ensure...
GVC, William Hill Issue Grim Profit Warnings Over Sports Cancellations
GVC and William Hill both warned their investors Wednesday of the substantial damage the unprecedented cancellation of elite sports events will wreak on their profits. GVC said that while it was difficult to gauge with precision the effect the novel coronavirus will...
Rev. Al Sharpton Calls for Halt to Colorado Sports Betting Licensing Over ‘Shady Hedge Funds’ Concerns
Activist Reverend Al Sharpton wants lawmakers in Colorado to put the state’s sports betting licensing process on hold while they consider the potential impact on casino workers of "unsavory out-of-state hedge funds who profit off of job loss." Colorado residents narrowly voted...
Crown Resorts Switches Off Half Its Slot Machines in Social Distancing Drive
Australia’s Crown Resorts said Monday it is unplugging every second slot machine and electronic gaming table at its flagship Melbourne property in a bid to enforce social and physical distancing between its customers. The company said the measures had been adopted after...
Grand National Cancellation Will Cost Bookmakers and Racing Industry Millions
The Grand National, the UK’s most famous horse race, has been canceled because of the coronavirus. It’s the latest blow to the country’s betting industry, which is feeling intense pressure from the abandonment of sports domestic and global. The entire three-day Grand...
South Carolina Catawba Tribe Gets Federal OK to Build North Carolina Casino
South Carolina’s only federally recognized tribe, the Catawba Indian Nation, has the federal go-ahead for a controversial $273 million casino -- in North Carolina. On Thursday, after six years of deliberation, the US Department of the Interior approved the Catawba’s application to...
Flutter Entertainment Revises 2020 Guidance, Expects £110 Million Coronavirus Hit
Paddy Power and Betfair parent Flutter Entertainment has warned investors to expect group profits to be hammered for between £90 million ($109 million) and £110 million ($134 million) by the cancellation of global sporting events in reaction to the novel coronavirus. Shares...
US PayDay Loan Mogul and Trump Donor Behind MoPlay, Busto Betting Site That Owes Customers
Stricken online betting company MoPlay was promised £130 million ($160 million) in financial backing prior to its launch in 2018. But only £60 million ($74 million) of this materialized, leaving the company unable to pay its liabilities. That’s according to an application...
EPL Suspends Activities After Arsenal Manager Mikel Arteta Gets Coronavirus
The English Premier League (EPL) has been suspended until at least Friday, April 3. The decision was taken after Arsenal manager Mikel Arteta was diagnosed with the novel coronavirus COVID-19 on Thursday night. News of Arteta’s infection arrived just hours before that...
