Kazakhstan President Kassym-Zhomart Tokayev has called for a stricter sense of responsibility from operators of gambling businesses in terms of the prevention of harm to children and gambling addicts. “If necessary, we will revoke their licenses,” the president warned.
Montieth Illingworth, chief executive officer, and global managing partner at Montieth and Company catches up with Asia Gaming Brief editor Felix Ng on what companies need to start doing as the pandemic starts to move behind us.
International Game Technology and Scientific Games Corporation have signed a cross-licensing agreement for patents related to cashless slot gaming technologies.
U.K-based Entain said it has upped its offer to buy Enlabs to SEK53 a share from SEK40 and that the bid is final and won't be improved.
In a report last year, ratings agency Moody’s predicted a surge in merger and acquisitions between online and land-based gambling operators as the latter seek to cement new revenue streams after the chaos wreaked by Covid-19.
Pragmatic Play has appointed former Rank Digital Head of Gaming Product, Bhotesh Maheshwari, as its new Vice President of Commercial Strategy and Operations as the company looks to further cement its position as a top tier supplier in regulated markets.
Caesars Entertainment posted a loss for Q4 of $555 million compared with a $13 million profit in the prior year, but said it has seen a pick up in demand in the New Year, especially at its regional properties.