Monday, March 1, 2021

Wazdan reshuffles executive team

Wazdan has undertaken a major shuffle in its executive team, with a number of high-profile hires and promotions adding a wealth of experience to the provider’s workforce.

500 .com completes placement, receives bitcoins

500.com closed its previously announced private placement transaction with Good Luck Information Technology and has received 356.04342 Bitcoins and US$11.5 million in cash. The company has issued 85,572,963 newly issued Class A ordinary shares to Good Luck Information.
dream 11

Dream11 valuation to double to US$4 billion

Dream Sports, owner of online fantasy sports brand Dream 11 is in talk with investors for a fresh round of funding that will bring the valuation of the company to around $4 billion.
anti money laundering

POGOs required to register for AML reporting

Philippine Offshore Gaming Operators (POGOs) have been given one month to register for the electronic reporting system of the Anti Money Laundering Council (AMLC). 
MGM-Resorts stock rises

MGM stock rises as investors reward online deal

Shares in MGM Resorts rose almost 4 percent on Friday after investors applauded the casino operator’s latest foray into the online sphere.

BetMGM teams with Topgolf Entertainment

BetMGM and Topgolf Entertainment Group announced today a new partnership centered around an integrated sports betting and entertainment experience. The two companies will collaborate on marketing and promotional offers through the BetMGM platform at select Topgolf venues and within WGT by Topgolf.
Joker King-Pragmatic Play

Pragmatic Play launches Joker King

Pragmatic Play announced the launch of Joker King, its latest in a series of harlequin-themed titles.

Kerala High Court demands clarity on state gaming law

The Kerala High Court has directed the state government to make a decision on whether online gambling and betting needs to be included in the state’s gaming statute, the Kerala Gaming Act, 1960.
500.com

500 .com surges on bitcoin transformation

China sports lottery company 500.com has continued its transformation into the bitcoin space with the all-stock acquisition of bitcoin mining company BTC.com and investors appear to approve.

500.com to buy BTC.com in all-stock transaction

Chinese lottery company 500.com said it agreed to buy bitcoin mining company BTC.com in a all-stock transaction. 

TRENDING ARTICLES

dream 11

Dream11 valuation to double to US$4 billion

Dream Sports, owner of online fantasy sports brand Dream 11 is in talk with investors for a fresh round of funding that will bring the valuation of the company to around $4 billion.

GKL extends Seoul closures to March 15

State-backed Grand Korea Leisure has announced that it is once again extending the Covid-related business suspension of its two Seoul casinos, this time to March 15.

Delta Corp to build US$21 million casino ship for Goa

Delta Corp has revealed plans to build a replacement casino ship valued at about INR1.5 billion (US$21 million) as a replacement for an older ship on the Mandovi River in Goa. The new ship is expected to come into operation in mid-2022.

Crown Melbourne operating conditions eased

Following a statement issued by the Victorian government, operating conditions at Crown Melbourne were eased with effect from this past weekend.