UK Gambling Commission: Player Protection Investigation Leads to Company Closure

By Jerome Garcia The UK Gambling Commission has been using all of its delegated power to force gambling operators to comply with regulations regarding establishing a safer environment, dishing hefty fines to companies for failing to meet their obligations, accumulating nearly $60 million from 2014 to 2019 in penalties. VIP Status behind the Excessive Losses Yet, this fact […]

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Pennsylvania Close to Approving WSOP/888poker PGCB Says

By Mike Johnson The Pennsylvania Gaming Control Board (PGCB) is edging closer to allowing WSOP/888poker to launch in the Keystone State and become the second online poker room available to players in Pennsylvania. PGCB May Soon Okay WSOP and 888poker Launch The Pennsylvania Gaming Control Board (PGCB) is reportedly reviewing Caesars’ application to launch WSOP PA, the World […]

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New Jersey Regulator Approves Playtech Entry on the Market

By Mike Johnson The casino industry giant, Playtech, entered the New Jersey market following the approval of the state regulator. Under a transactional waiver, the company will launch products to bet365 and Hard Rock Atlantic City. Playtech Allowed to Launch Casino Products by NJ Regulator Gaming industry giant Playtech has announced exciting news as the company received an […]

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Suncity Acquires New Stake in Suntrust to Achieve 74.42% Total

By Julie Moraine Suncity Group, the residential and commercial property developer listed on the Hong Kong stock exchange, is expanding its stake in the Philippines property management company Suntrust Home Developers, Inc, after a “CB Subscription Agreement” was signed to see it subscribe to convertible bonds to the amount of $145 million and reach 74.42% share in the Philippines firm. From 51% […]

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Zynga Acquires Mobile Game Maker Peak for $1.8bn

By Luke Thompson Leading social games developer Zynga has inked a $1.8bn deal with Turkish game maker Peak. The deal is expected to boost Zynga’s margins as well as add $300 million to the company’s bookings and push active players by 60%. Zynga to Finalize Peak Acquisition in Third Quarter Developer of social games Zynga has inked […]

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Melco’s Latest Sustainability Report Purveys Responsible Gaming

By Julie Moraine Melco has released its “Above and Beyond” sustainability report. The report includes a strategy for promoting safer and more efficient responsible gaming practices. The “Above and Beyond” Sustainability Report by Melco Leading gaming and hospitality company Melco released its 2019 sustainability strategy report earlier today. The report called “Above and Beyond” offers an […]

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