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MGM Resorts International has appointed a new head of entertainment as part of a push towards more immersive experiences.
Formerly of Creative Artists Agency (CAA), Ryan Abboushi has been appointed MGM Resorts International’s new president of entertainment. This comes as part of a strategy shift to strengthen the company as a live entertainment and immersive experiences group, as well as the...
Racing and gambling company the Hong Kong Jockey Club (HKJC) aims to transform into global entertainment firm.
HKJC has announced that it will be re-positioning itself as an international sports entertainment outfit, rather than only focusing on racing and betting. The goal is to expand beyond traditional racing spaces and beyond Hong Kong.
The arms it will focus on include equestrian sports,...
A South Korean gambling site is under investigative scrutiny after ties to North Korean hacker groups.
As reported by South Korean news site MBN, the person responsible for operating the site was investigated by the country’s gambling regulators. The man, who has not been named in the investigation, is a 50-year-old Seoul resident, and the crimes hark back to 2022.
The Seoul Central District...
Bally’s group shares revenue slump following divestiture of its Asia-facing online operations.
The group has shared its revenue for the first quarter of 2025, posting $589.2 million, a 4.7% year-on-year decrease. That drop is said to be because of an 18.3% decline in the operator’s International Interactive division, stemming from the sale of its Asian online operations at the end of 2024.
The...
Projections place online casino revenue in the Americas at $56.3 billion by 2023, matching that of Europe.
The combined revenue of North and South America is expected to reach new heights, equalling Europe, according to projected figures in a new report by Vixio. At the moment, only seven American states offer regulated online casino gambling. However, just three of those — New Jersey,...
SBObet’s parent company Celton Manx has voluntarily given up its gambling license for the Isle of Man.
As of May 9, 2025, Celton Manx no longer has a gambling license for the Isle of Man, which it has maintained since August 1, 2008. This has been confirmed on the Isle of Man Gambling Supervision Commission’s (GSC) website, with the company now listed under the regulator’s list of former online...
Catena Media has cut 25% of its workforce in a push to reduce costs following a 40% drop in revenue in the first quarter of 2025.
Online gambling news company Catena Media is cutting costs in a number of ways, including reducing its workforce by 25% and pausing interest payments on its hybrid capital security. This comes after a drop in revenue for the first quarter between 2024 and 2025.
More...
The Swedish Gambling Authority (Spelinspektionen) has taken enforcement action against three unlicensed gambling operators for illegally targeting Swedish users.
Bans have been issued to EOD Code SRL, Igloo Ventures SRL, and MIBS NV, which will no longer be able to accept bets from players in the Scandinavian nation.
Spelinspektionen detailed that the betting operators utilized affiliate...
PointsBet has indicated that an offer received from Betr may represent a superior offer compared to the one received from MIXI.
The Melbourne-based betting operator, which is also active in Canada, appears to be leaning toward the second bid, with further due diligence to be carried out on the proposal from the fledgling Australian betting brand.
In particular, the company is exploring how a...
The Missouri Gaming Commission has given the green light to sportsbook operators to submit their applications for a state license as of this week.
Thursday (May 15) is the specified day when the documents can be submitted, as the introduction of sports betting in the Show-Me State gathers pace.
Interested operators have until December 1 to present their case, but a limited form of the new...