Macau casino operator SJM Holdings Ltd might start generating “slight positive” cash flow in the current financial year, says Singapore-based Lucror Analytics. Credit analyst Leonard Law stated: “Our fundamental credit bias on…
Dynam revenue, profit on the rise in FY23 as low-cost business strategy shows promise
Dynam Japan, a leading pachinko hall operator, reported net profit of JPY3.39 billion for the 12 months to 31 March 2024, up 88.3% year-on-year thanks to strong revenue growth in its core…
FBM Cash Panalo brings great prizes to Filipino bingo players via six live draws
CLIENT PROMOTION The FBM Cash Panalo promotion is back with over Php27 million in cash prizes to spread through over 200 bingo sites in the Philippines. From 24 May to 28 June,…
Spelinspektionen Approves Ban on Credit Cards in Gambling
Banning gambling with credit cards would align Sweden with other modern regulated markets, such as Australia, Ireland, Norway and the United Kingdom The Swedish Gambling Authority (Spelinspektionen) has published an official response…
4ThePlayer Secures License in Pennsylvania
CEO Ash hopes to replicate the success his company’s games are enjoying in other US jurisdictions. 4ThePlayer, an award-winning creator of player-centric, innovative gambling games, announced that it has secured a new…
Novibet Joins IBIA Ahead of Brazil License Bid
Brazil’s regulations require all companies that wish to offer sports betting to join an international integrity body Novibet, a major online sports betting operator, has become the latest member of the International…
SCOTUS Receives Final Brief from West Flagler on Florida Betting Dispute
The US Supreme Court will now have to make a decision whether to take the case as it only accepts between 100 and 150 cases out of the thousands it receives every…
DOJ to Sue Live Nation Over Antitrust Violations
The company controls approximately 70% of the ticketing market for live events, with this figure reportedly even higher in Las Vegas Several US states and the United States Justice Department (DOJ) are…
Novomatic launches table tournament management tool
Austria-based gaming equipment maker Novomatic AG has launched a new tool for tournament play via live-dealer tables, part of its “Novovision” casino management system. The new ‘Novovision tournament’ product enables an operator…
Ainsworth appoints Nancy Ayala as SVP, compliance officer
Australia-listed slot machine maker Ainsworth Game Technology Ltd has announced the appointment of Nancy Ramirez Ayala (pictured) as senior vice president (SVP), general counsel and group compliance officer. Ms Ayala is described…