Nova Rainier - Casino News Press

Las Vegas Sphere Reports Revenue Decline Despite Major Events

NewsNovember 14, 2024383Views 0Likes 0Comments

Despite UFC 306 and Eagles Residency, Venue Faces Financial Setback The Las Vegas Sphere, a hot-ticket venue known for its state-of-the-art design, reported a significant dip in revenue for the latest quarter, despite hosting high-profile events such as UFC 306 and a residency by the Eagles. While the venue continues to draw attention, executives remain…

EveryMatrix Soars in Q3, Fueled by Strategic Acquisitions

NewsNovember 13, 2024168Views 0Likes 0Comments

EveryMatrix has posted another impressive quarter, showcasing its strategic growth and financial strength in Q3 2024. This performance comes on the back of key acquisitions that have significantly boosted the company's position in the gaming and sports betting sectors. EveryMatrix's Impressive Financial Surge EveryMatrix's third-quarter results are hard to ignore, with the company reporting a 66%…

Flutter Entertainment Narrows Loss in Q3, Sees 46% Growth in Customer Base

NewsNovember 13, 2024168Views 0Likes 0Comments

Flutter Entertainment has reported a significant reduction in its third-quarter loss, while seeing a marked increase in its customer base. Despite a challenging quarter for sports outcomes, the company remains bullish on its future prospects. Flutter Entertainment, the parent company of FanDuel, posted a loss of $114 million for the third quarter of 2024. This represents…

Betway Pulls Out of Brazil Ahead of January 2025 Sports Betting Launch

NewsNovember 12, 2024301Views 0Likes 0Comments

In a surprising move, Betway has decided to exit the Brazilian market ahead of its official launch on January 1, 2025, leaving many to question the company’s strategy in one of Latin America's most anticipated gambling markets. Unexpected Exit from Brazil’s Lucrative Market Betway, part of the Super Group conglomerate, has announced that it will pull…

ComeOn Group Expands with Sportsbook Offering in Ontario

NewsNovember 12, 2024245Views 0Likes 0Comments

Company Targets Market Growth as Sports Betting Surges in the Canadian Province ComeOn Group has officially launched a sportsbook in Ontario, marking its latest expansion in a rapidly growing market. The move comes as the Ontario sports betting and esports sectors continue to thrive, with the market reporting over CA$2.2 billion in total wagers during…

Endeavor CEO Ari Emanuel Acquires Company’s Betting Assets for $450 Million

NewsNovember 12, 2024255Views 0Likes 0Comments

Ari Emanuel, the CEO of Endeavor, has secured a deal to buy back the company's sports betting assets—IMG Arena and OpenBet—for $450 million. The move comes as part of Endeavor’s larger strategy to refocus its business as it moves forward with plans to go private. The Deal: Ari Emanuel’s $450 Million Buyout On Monday, Endeavor, the…

Jelly Entertainment Appoints Steven Matsell as CEO

NewsNovember 11, 2024246Views 0Likes 0Comments

In a major shakeup at Jelly Entertainment, the company has named Steven Matsell as its new Chief Executive Officer, replacing David Newstead, who has served as CEO since 2020. This leadership transition marks a new chapter for the B2B entertainment supplier, as it seeks to further solidify its global presence. David Newstead, who steered Jelly Entertainment…

Nevada Gamblers Could Soon Use Betting Accounts for Non-Gaming Purchases in Casinos

NewsNovember 11, 2024174Views 0Likes 0Comments

A Step Toward Cashless Transactions in Nevada’s Casinos Nevada’s gaming scene is on the verge of a major transformation that could bring it closer to a completely cashless environment. Soon, gamblers in the state may be able to use their betting accounts not just for gambling, but also for everyday purchases like meals, retail items,…

Dutch Regulator Warns Operators Over Sponsorship Breaches Amid Calls for Stronger Safeguards

NewsNovember 7, 2024209Views 0Likes 0Comments

The Dutch gambling regulator, Kansspelautoriteit (KSA), has recently issued stern warnings to three gambling operators for breaching advertising rules regarding unauthorized sports sponsorships. This move highlights the regulator's increasing efforts to clamp down on gambling promotions, as the Netherlands continues to refine its advertising regulations. Sponsorship Violations: A Closer Look at the Breaches The KSA's actions…

Hard Rock Executive Advances Licensing Process in Nevada Amid Las Vegas Resort Transition

NewsNovember 7, 2024352Views 0Likes 0Comments

A major step forward for Hard Rock Las Vegas: Vincent Zahn, executive vice president and CFO of Seminole Hard Rock International, received a recommendation for licensing approval from the Nevada Gaming Control Board on Wednesday. This approval is crucial for Hard Rock’s ongoing transformation of the former Mirage property on the Las Vegas Strip. Zahn’s Licensing…