Connect with us

News

Sjöberg quits from Betsson board

Published

on

Sjöberg quits from Betsson boardReading Time: 1 minute

 

Tristan Sjöberg, who had been a director of Betsson since 15 May 2018, has resigned from the board following a tax dispute. Sjöberg has almost two decades of international experience in the gaming industry. He also holds 275,000 shares in the firm.

A company statement read: “Tristan Sjöberg has resigned from Betsson AB’s Board of Directors at his own request. The reason is that he is in a legal dispute with Swedish tax authorities regarding tax liability.”

Last month, Betsson embarked on a search for a new CFO after Kaaren Hilsen announced she is to resign following less than a year spent in the job.


Source: European Gaming Media

News

Mobile Betting Bill Fails to Progress Through New York Assembly

Published

on

Mobile Betting Bill Fails to Progress Through New York AssemblyReading Time: 1 minute

 

Senator Joseph Addabbo’s mobile betting bill has failed to progress through the New York Assembly. The legislative session saw S17 fail to progress beyond the Assembly Standing Committee on Codes.

Addabbo tweeted that he saw no clear reason why the state could not implement mobile sports betting in 2019. Failure to do so would see the state miss out on around $75m in revenue, funding for education, and both job creation and retention.

“NY will be stuck like a disabled car on the shoulder, while we allow an illegal sports betting business in our state thrive and idly watch other neighboring states pass us up with enormous revenue gains from mobile sports betting,” Addabbo said.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Mobile Betting Bill Fails to Progress Through New York Assembly

Continue Reading

News

Eldorado Resorts to Buy Caesars Entertainment Corp

Published

on

Eldorado Resorts to Buy Caesars Entertainment CorpReading Time: 1 minute

 

Eldorado Resorts Inc., the US based casino operator, has agreed to merge with Caesars Entertainment Corp through a $17.3 billion cash and stock deal.

The deal, which is expected to be announced soon, values Caesars at close to $13 a share. The combined company’s ownership would be split roughly between Eldorado and Caesars shareholders.

An Eldorado spokesman said the company did not comment on rumours or speculation. Caesars did not immediately respond to requests for comment.

The combination of the two companies would create a serious competitor to larger casino industry players, such as Las Vegas Sands Corp, Wynn Resorts Ltd and MGM Resorts International.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Eldorado Resorts to Buy Caesars Entertainment Corp

Continue Reading

News

Nagasaki Governor Reaffirms His Support for Sasebo IR Bid

Published

on

Nagasaki Governor Reaffirms His Support for Sasebo IR BidReading Time: 1 minute

 

Nagasaki Governor Hodo Nakamura has reaffirmed his support for the Sasebo IR bid and urged the national government not to delay too much in issuing its IR regulations and establishing the national regulatory framework.

While Sasebo’s bid is not linked to a specific timeline, the local government does wish to move forward quickly, especially now that other competing bids could emerge from the Kyushu region.

In related news, Nagasaki IR Business Connect Seminar is going to be held with the participation of international operators and investment groups.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Nagasaki Governor Reaffirms His Support for Sasebo IR Bid

Continue Reading

Trending

%d bloggers like this: