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Category Archives: Online Casino
Sony Sells GSN Games, the Studio Focused on Mobile and Online Casino Games, for $1B – PlayStation LifeStyle
Posted: October 19, 2021 at 10:10 pm
Sony Pictures Entertainment has sold GSN Games to mobile studioScopely for one billion dollars, according to a press release.
GSN Games holds a portfolio of free-to-play mobile andonline casino games likeSolitaire TriPeaks and Bingo Bash. Sony acquired GSN Games as part ofGame Show Network in 2019. The company will receive half the money in cash, and the remainderin form of equity, which will grant Sony a minority interest in Scopely. This will apparently allow Sony to benefit from the expected growth of Scopely as well as the mobile games industry.
Scopely is one of the fastest-growing private mobile games companies today, having tripled revenues from 2018 to 2020, reads the press release. The company has one of the most diverse mobile games portfolios in the industry with success across both casual and core games from social player vs player (PVP) to midcore role-playing games (RPG) to massively multiplayer online (MMO) strategy and is known for its ability to build loyal and engaged player communities with a dedication to long-term, player-first experiences.
A statement fromRavi Ahuja, Chairman 0f Global Television Studios and Sony Pictures Entertainment Corporate Development reads:
GSN Games has been a great business for Sony the last 14 years, and we are proud of the experiences the team continues to deliver for players around the world. In meeting the Scopely team, we knew we found the right organization to support and accelerate the business. We are confident they will take GSN Games to new heights and SPE is pleased to be a minority shareholder in Scopely as a result of this transaction.
The deal is subject to regulatory approvals.
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How can you find the right online Casino? – London Post
Posted: at 10:10 pm
Since the corona pandemic, we have had more and more options for doing things online, that we used to do in person. This is not only less time-consuming, but also a lot more convenient. Rather than hopping into the car, driving wherever you need to be, you can just open up your laptop and here we go. Online casinos enjoy a huge customer base, but how can you find the right online casino for your needs? In this article, we want to cover our best tips and tricks on how to find the right online casino!
You probably know a typical casino, right? Lots of different games, like Black Jack and Roulette, where you can spend hours on hours. Now, rather than spending a whole day at the casino, you have the freedom to just sign into your account on your laptop and enjoy one or two games after work. Therefore an online casino is a simple way of earning money online while at the same time playing your favorite games. Almost all of the games you can play in a regular casino you can also find in the online version. BUT: No need to drive to your next casino, but rather do it from home more comfortably!
You want to start using an online casino, but you still havent found the right option for you? Dont worry; we have four helpful tips for you to find the perfect online casino!
Before you can look at specific online casinos, we recommend getting an overview of all the options out there. What are the most popular online casinos? Do your friends have any recommendations? Which online casinos are mentioned online? See what is out there; this will help you understand what online casinos usually have to offer.
Now you know what online casinos usually have to offer, but what are you looking for in an online casino? With a specific idea in mind, it is so much easier to decide and find the right choice. Are you looking for a wide variety of games? Do you want low fees? Do you wish for the online casino to offer an app? Whatever your goals are, determine what your online casino needs to offer and then look specifically for these types of online casinos.
Did you get an overview of potential online casinos? If so, now is the time to read the reviews of these possible choices. This will help you to get a feeling of what current and former users think of this platform. Learn from other peoples experiences and then decide if this online casino is good enough for you. Trusted online casino reviews will help you with a vast variety of different online casinos and reviews to find the right option!
Did you make a decision? Now is the time to use a trial and get familiar with the platform you chose. How is the navigation? What about the fees? And are you happy with this option? If so, congrats; you found the ideal online casino for you. But if not, just continue your search!
In this case, all you need to do is, go back to our overview, read the reviews of other potential choices, and use a trial to find out if this new online casino is the right option!
We hope we can help you with our tips and tricks and you found the perfect online casino for you! Good luck and have fun playing!
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How AI is Impacting The Future Of Technology, Electronic Gaming & Online Gambling – PRNewswire
Posted: at 10:10 pm
PALM BEACH, Fla., Oct. 19, 2021 /PRNewswire/ -- FinancialNewsMedia.com News Commentary - AI is appearing in more and more aspects of everyday life. Over the next few years, the internet gaming business could be transformed completely as artificial intelligence (AI) enters the scene. At its core, AI is a type software or hardware that learnsand it could be programmed to learn mostly about us, its users and those insights could drive the developments of new, hyper-personalized gaming and internet betting experiences. The technology is being applied to learn our habits, our likes, and our relationship patterns. Just as Netflix uses an algorithm to suggest films you might watch, the concept of personalization is extending to the idea of "Lifestyle AI" applications that could help choose your entertainment, gaming choices, wardrobe, your next meal, your job, and romantic partner. Take this one natural step further, and we enter the domain of mass tailoring of gaming and betting experiences. While it all sounds a bit like science fiction, the capabilities of AI tools and the range of applications are growing exponentially. Indeed, by 2030, AI is likely to have infiltrated our lives in much the same way as smartphones, the internet, and global travel are now taken for granted. So how might AI change our recreational habits and day-to-day existence in a way that might affect e-gaming? An article on Fast Future discussed the effect AI can have on eBetting in the coming future. Active tech companies in the markets today include: Esports Technologies(NASDAQ: EBET), Electronic Arts Inc. (NASDAQ: EA), Cisco (NASDAQ: CSCO), Allied Esports Entertainment, Inc. (NASDAQ: AESE), Activision Blizzard, Inc. (NASDAQ: ATVI).
The article said that: "A combination of wearables and implantables tracking vital signs could be worn by sportspeople. Bets could then be placed on the aggregate performance of a team in a gameaverage heart rate, total calorie consumption, median oxygen intake, etc. The AI system would crunch the numbers in real time and generate minute by minute predictions of the likely outcomes for the rest of the event. Gamblers would be able to jump in at any time to bet on the likely outcome. The odds would be generated by applying machine learning algorithms to analyse the vast amounts of data generated from previous games. With the analytical capability of AI, an independently developed 'Beat the Bookie' app could look at all the variables associated with a sports event. The app might factor in player performance statistics, player behaviour information, weather, previous fixtures, key match events, and create a 'best bet' opportunity for the gambler from across all available betting sites. It also projected that: "This would see the use of AI to analyse match outcomes against an historical dataset of matches, outcomes, weather conditions, fitness levels, the past form of the participants, and the betting patterns for those events. This would help monitor a range of different team and individual sporting events to help ensure the validity of the competition and determine anomalous results that could be the subject of match fixing.could help. Not only will this enforce the fairness of the gamble, but it could also help ensure the integrity of sporting competition and endeavour."
Esports Technologies (NASDAQ: EBET) BREAKING NEWS - Esports Technologies' Groundbreaking Odds and Modeling Technology Selected as Esports Business Summit Awards Finalist for Innovative Use of Technology - Esports Technologies, a leading global provider of advanced esports wagering products and technologies, has been named a finalist for the 2021 Tempest Esports Business Awards for excellence in the industry. The company was nominated in the Innovative Use of Technology category for its real-time odds modeling and simulation system. The system, detailed in several pending patent applications filed by Esports Technologies in August 2021, employs advanced automated modelsto instantly generate odds and betting markets for broad esports betting use.
Each year, the Tempest Awards shine a spotlight on the esports industry's most innovative companies and executives, with categories that span production, talent, and technology. Judged by key members of the esports community, these awards serve as some of North America's top honors for the brands, the teams, the leagues, the players, and the business leaders driving the competitive gaming industry.
The 2021 ceremony will be held tonight, October 19, at the HyperX Esports Arenalocated at the Luxor Hotel & Casino in Las Vegas.
Joining Esports Technologies as finalists in the Innovative Use of Technology category are Electronic Arts for the Apex Legends Global Series, Cisco & Riot Games at the 2020 League of Legends World Championship and 2021 Mid-Season Invitational, Allied Esports for the CS:GO Legend Series, and the Overwatch League's "Project Aloha."
Bart Barden, COO, Esports Technologies, said, "We are deeply honored to be nominated as one of the standout innovators in the business of esports. It's truly a testament to our world-class quant and modeling team. This recognition by the Tempest Awards further validates our dedication to state-of-the-art solutions that will enhance a user's esports wagering experience. We are committed to delivering the best odds possible to esports betting enthusiasts, who deserve the same experience as traditional sports bettors."
For more on this year's Tempest Awards, visit https://www.esportsbiz.com/go/tempest-awards-2021/ CONTINUED READ THIS AND MORE NEWS FOR EBET BY VISITING: https://esportstechnologies.com/news/
In other technology recent news of interest:
Electronic Arts Inc. (NASDAQ: EA)and FIFPRO, the global representative for professional football players, recently announced an extension of their partnership. The renewed, long-term commitment supports EA SPORTS continuing investment in the future of football, and further enables EA SPORTS to deliver the greatest, most authentic football experience to more than 150 million players globally.
For the last 28 years, EA SPORTS has created the world's biggest sports game - beloved by fans, players, and the football community worldwide. The collective strength of the EA SPORTS football franchise is fueled by 300+ licensed partners, including FIFPRO, who help generate the game's unparalleled authenticity, both now and long into the future. In addition to the thousands of player names and likenesses that are supported by the FIFPRO license agreement, EA SPORTS football experiences are the only places fans can play in the iconic UEFA Champions League, CONMEBOL Libertadores, Premier League, Bundesliga, and LaLiga Santander.
Cisco (NASDAQ: CSCO) recently unveiled its first Hybrid Work Index (HWI) based on millions of aggregated and anonymous customer datapoints. The Index, which will be updated quarterly, examines how people's habits and technology interactions have permanently reshaped work a year and a half into the COVID-19 pandemic. Findings show hybrid workers expect greater flexibility, accessibility and security, while businesses grapple with meeting these increased technology demands.
"We're truly at a unique time, with the ability to redefine work," said Chuck Robbins, Chair and CEO, Cisco. "All employees around the world want a workplace that enables them to do their best, and it is our responsibility as business leaders to learn how best to support and enable our employees, however and wherever they work."
Allied Esports, a global esports entertainment company and a subsidiary of Allied Esports Entertainment, Inc. (NASDAQ: AESE), has been selected by the American Red Cross to produce its inaugural Rescue Royale charity esports tournament and streaming event to engage the gaming community in giving back to help people impacted by disasters of all sizes.
"Disasters impact a tremendous amount of people around the country every day and the American Red Cross is the first name you think of when it comes to helping people in need," said Jud Hannigan, CEO of Allied Esports. "As gaming and esports have gained mainstream popularity, especially since the onset of the pandemic, people have come to learn how incredibly aware and giving the gaming community can be. We are honored and excited to work with the Red Cross on this important initiative."
Activision Blizzard, Inc. (NASDAQ: ATVI) intends to releaseits third quarter 2021 results after the close of the market on Tuesday, November 2, 2021. In conjunction with this release, Activision Blizzard will host a conference call that will be broadcast over the internet.
Callers who pre-register will be given a conference passcode and unique PIN to gain immediate access to the call and bypass the live operator. Participants may pre-register at any time, including up to and after the call start time.
DISCLAIMER: FN Media Group LLC (FNM), which owns and operates Financialnewsmedia.com and MarketNewsUpdates.com, is a third-party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. Except as set forth below, FNM is NOT affiliated in any manner with any company mentioned herein. FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNM was compensated two thousand five hundred and ninety-five dollars by Esports Technologies Inc. for news coverage of the current press releases issued by Esports Technologies Inc. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or Form 1-K, as applicable, and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.
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SOURCE FinancialNewsMedia.com
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How AI is Impacting The Future Of Technology, Electronic Gaming & Online Gambling - PRNewswire
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EL urges Council of the EU to exclude explicit mention of online gambling and betting services from Digital Services Act – European Gaming Industry…
Posted: at 10:10 pm
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Zeljka Perkovic joins Huddles leadership team latest senior employee to leave large corporate to join fast-growing data-driven betting technology startup
Huddle, the next generation iGaming technology developer, has hired former Stars Group compliance manager Zeljka Perkovic as its new VP Compliance, the latest senior employee to join the rapidly growing startup from a large corporate.
Perkovic was at the Stars Group for more than a decade and joins the ambitious provider alongside numerous other new hires that have joined Huddle from suppliers and brands including Kambi, Entain, William Hill and others.
Huddle represents one of the most forward-thinking and progressive companies in the rapidly changing betting and gaming industry, building advanced, proprietary data-driven technology solutions designed to transform the user experience and unlock the true potential of iGaming operators.
Launched in late 2020 by three former SimpleBet executives Francesco Borgosano, Leo Gaspar and Mario Zdelican, raising $3 million in venture capital seed funding, the business employs a micro services model developing and deploying all the components of a fully automated betting platform including trading, odds feeds and risk technology in a sequenced way.
Huddles software is powered by AI and machine learning tools to analyse behavioural data, helping operators increase efficiencies across multiple jurisdictions, manage and optimise risk and shape the sportsbook stars of the future.
Francesco Borgosano, CEO and Co-founder, Huddle, said: Im delighted to welcome Zeljka to Huddle. She brings great experience from her many years in the sector and will be a hugely valuable member of our growing team.
We are attracting some serious talent at Huddle, with people drawn to the unique product capabilities and culture we are building, and Im really looking forward to working with Zeljka and our many new senior hires.
Zeljka Perkovic, VP Compliance, Huddle,said: Huddle is building something really special, and Im thrilled to join. The three founders and the wider team are experts in their fields and are developing very exciting products that will answer many pain points being felt across the betting and gaming industry through their over reliance on legacy systems.
We clicked from the moment we had our first call and the passion and drive Francesco, Leo and Mario have is infectious. They are building a culture of empowerment, enabling everyone to push the boundaries towards a common purpose, and its a fantastic place to be.
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Caesars Slots: Play Free Slots – 100,000 Free Coins
Posted: October 17, 2021 at 5:27 pm
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BetRivers enters Canada with social casino and sportsbook, RMG to follow – Yogonet International
Posted: at 5:27 pm
R
ush Street Interactiveannounced on Thursday that it is entering the Canadian market with the launch of its social gaming platform, CASINO4FUN, in the province of Ontario.
The free-to-play online casino and sportsbook is available now on all mobile devices, tablets, desktop, and laptop computers for Ontarians aged 19 and older at BetRivers.net. Canada is now the third country where RSI operates real-money or social gaming.
CASINO4FUN is powered by the same proprietary technology behind RSIs real-money platform and offers players in Ontario the range of gaming options that RSI runs in the United States and Latin America. The online casino includes over 350 slot machines and table games as well as loyalty and bonusing features, while the online sportsbook offers single-game betting and parlays on numerous leagues worldwide.
RSI expects to launch real-money online casino and sports betting in Ontario under its BetRivers brand in the coming months, subject to licensing and regulatory approvals. In the meantime, CASINO4FUN will enable the company to build its brand and player database and promptly provide these players access to complete the registration process for the BetRivers real-money platform upon launch.
Richard Schwartz, Chief Executive Officer of RSI, said: Our expansion into Canada represents an exciting new frontier for RSI and continues our growth across the Americas. CASINO4FUN offers our community of players the same high level of entertainment and customer service as RSIs real-money gaming platform, delivered in a casual and free-to-play setting. We look forward to providing a truly differentiated gaming experience for players in Ontario that is focused on fostering player trust and enjoyment.
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BetRivers enters Canada with social casino and sportsbook, RMG to follow - Yogonet International
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What Have Been The Most Popular New Casino Games Of 2021? – KHTS Radio
Posted: at 5:27 pm
2021 has been a rather exceptional year for casino games as there have been a number of top titles to have been produced by each of the developers that are operating within the industry.
Indeed, although there are over 1600 casino games to choose from at one of the best online casino sites around, it is definitely worth checking out some of the newest titles to have been released into the market below to ensure the best possible casino game experience is enjoyed each time you partake in the activity.
Fire Forge
Fire Forge is a new slot game created in 2021 by Stormcraft Studios and Microgaming that will provide bettors with an exceptional gaming experience when played. The return to player (RTP) rate of 96.73% is fairly decent, especially as there are a number of great bonus features available to trigger in this 5-reel, 3-row, 243 ways to win game.
There are a number of free spins possible to win that come with a variety of different win multipliers, as well as the chance to win from three different jackpots that are available in the game!
Templar Tumble
Having been released back in March by Relax Gaming, Templar Tumble is a top slot game and one that will provide players with a number of enjoyable moments when the reels are spun. The game is played on a playing grid that consists of a 67 layout, which sees the icons all fall into position and create up to 117,649 different ways to win! The winning icons will explode off of the screen and allow new symbols to take their place to try and form additional wins.
The RTP rate is 96.26% and with a high volatility level, wins can be rather lucrative, especially if the special features such as the mystery reveal, and the free spins games can be triggered.
Rich Wilde & The Amulet of Dead
Rich Wilde has been on a number of quests as he hunts for treasures, however 2021 has seen Playn GO give him the opportunity to explore Ancient Egypt in their Rich Wilde and the Amulet of Dead slot.
Played on a grid that featues 5 reels and 3 rows, as well as 10 paylines, the game features immersive visuals and graphics, whilst also coming with a number of special bonus features including free spins and win multipliers. Add in the 96.29% and high volatility level and players will feel they have an excellent game on their hands!
Jokers Luck Deluexe
Skywind is the creators of Jokers Luck Deluxe and this is arguably one of the best slot games to have been created in 2021. The game has a high RTP rate of 97% higher than most and is incredibly simple to play as there is just one payline across three reels.
What truly makes this game stand out is the gameplay experience, as players will need to climb the towers in order to increase their rewards, whilst the Happy Joker wild icon can help them to climb more steps when it appears!
KHTS FM 98.1 and AM 1220 is Santa Claritas only local radio station. KHTS mixes in a combination of news, traffic, sports, and features along with your favorite adult contemporary hits. Santa Clarita news and features are delivered throughout the day over our airwaves, on our website and through a variety of social media platforms. Our KHTS national award-winning daily news briefs are now read daily by 34,000+ residents. A vibrant member of the Santa Clarita community, the KHTS broadcast signal reaches all of the Santa Clarita Valley and parts of the high desert communities located in the Antelope Valley. The station streams its talk shows over the web, reaching a potentially worldwide audience. Follow @KHTSRadio on Facebook, Twitter, and Instagram.
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PlatinCasino Offers $7,000 to People to Marathon The Simpsons – GamblingNews.com
Posted: at 5:27 pm
British online casino operator PlatinCasino.co.uk has put out a quite unorthodox and intriguing gig for people with some time to spend. The operator is seeking enthusiasts who are willing to watch the whole Simpsons franchise for a tempting reward of $7,000.
The reason behind this rather unusual job is that PlatinCasino wants to know how many of the events in the popular animated sitcom coincide with real-life events. The Simpsons humor has oftentimes presented situations that have later come to reality in one way or another. People have pointed out that the show has predicted the election of Donald Trump as a President of the United States, the COVID-19 outbreak, and the current fuel shortages in the United Kingdom.
Therefore, people who take on PlatinCasinos gig will not only be required to watch all of the TV show episodes but will have to keep an eye on any moment that can be connected to a real-life event that happened after the show was aired and note it.
The job wont be as easy as it sounds, as it will go beyond just watching several episodes of a favorite franchise. Participants will have to go through no less than 32 years of content within a very short period of time and will also have some additional responsibilities. Yet, it may prove to be a highly profitable undertaking as PlatinCasino is willing to pay a $7,000 salary to everyone who gets approved for the task.
PlatinCasino will hold applicants to high standards. Everyone who wants to apply must be an adult over 18, be fluent in English, and have the ability to write with flair. Evidently, the applicant needs to own a device on which they will watch the episodes. PlatinCasino will fund the viewers WiFi connection and will provide a Disney Plus subscription, needed to access the episodes. Furthermore, those who get approved for the task will get an additional bonus of a weekly box of donuts.
The Simpsons Series Analyst will then have the responsible task to carefully watch all the episodes. This is easier said than done as it would mean one should watch 35-36 hours worth of The Simpsons every week. The analyst will be required to write down any stand-out storylines and send them over to the PlatinCasino team. Simpsons lovers who are up to PlatinCasinos unusual task can apply for it through the casinos official website.
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Mohegan Gaming turns to tribal member to lead it into post-pandemic era – theday.com
Posted: at 5:27 pm
Mohegan Ray Pineault had been president and chief executive officer of Mohegan Gaming & Entertainment for all of two weeks when heappeared before the Nevada Gaming Control Board this past June.
Things had gotten a bit out of hand during Mohegan Sun Casino Las Vegas March debut, and it had fallen to Pineault to smooth things over.
While Mohegan Suns offer to pay a $60,000 fine for opening-nightviolations of COVID-19 protocols might have helped do the trick, its easy to believe Pineaults reportedly sincere, itll-never-happen-again apology played well with the state gaming regulators. Pineault, a Phil Collins look-alike whos worked for the Mohegan Tribe, of which hes a member, for 20 years, tends to come across as authentic.
I take full responsibility, he told board members, attributing the missing masks and instances of an absence of social distancing violations of rules then mandated by the Nevada governor to a lapse in judgement.
Pineault had attended the celebration, his own mask in place, he said in a interview last week. The violators were mostly people Mohegan Sun had invited, including some celebrities.
I was embarrassed, he said. Thats not the kind of organization we are.
Pineault, 55, a Norwich native who lives in Glastonbury, effectively joined the organization in 2001. By then, the 1984 graduate of Norwich Free Academy had earned degrees at the University of Connecticut and the Quinnipiac University School of Law. Comfortably embarked on a career as a corporate attorney, he took a job with his tribe's legal team, never imagining hed one day lead the billion-dollar enterprise the Mohegan Gaming & Entertainment, or MGE, would become.
His final ascension to the companys top post came in something of a rush, with Pineault being elevated multiple times in a 10-month span, starting with his July 2020 promotion from regional president to chief operating officer. When Mario Kontomerkos stepped aside as MGE president and CEO this past March, Pineault was named to succeed him on an interim basis.
On May 27, the tribe, which had announced it would conduct a global search for a permanent CEO, named Pineault to the job and soon thereafter raised his salary to $1 million annually.
A few months into the search we realized that none of the candidates were going to offer us the depth of experience, knowledge of our properties, and the Spirit of Aquai that we were seeing in Ray, James Gessner Jr., the Mohegan chairman, said through a spokesman last week. The fact that Mr. Pineault is a member of our family just makes it that much more special.
From 2015 to 2019, Pineault served as president and general manager of Mohegan Sun, MGEs flagship casino in Montvilles Uncasville section. Then, as now, he said, he sought to instill the Spirit of Aquai the tribes guiding philosophy in all MGE team members. Asked to define Aquai, he described it as a mindset that values cooperation and mutual respect among co-workers. Happy team members are good for business.
We want leaders to follow that culture, Pineault said. Five-star service is something scripted. Instead, we talk about providing authentic service being nice, creating an atmosphere. Thats how we distinguish ourselves from our competitors.
While Pineaults previous roles mostly involved operations, he said his new focus as head of a corporate parent operating or seeking to operate in five states and three foreign countries is about strategic direction. Pineault said he and his team are developing a plan for the next three to five years.
First up, however, is stabilizing MGEs finances in the wake of the COVID-19 pandemic.
In August, during a quarterly earnings callwith investors, MGE officials reported the company had generated net revenues of $328.2 million in the three months that ended June 30. That was three times the revenues it reported in the same, pandemic-plagued quarter in 2020, but 5.6% less than the $347.6 million it raked in during the same quarter in 2019, well before COVID-19 broke out.
How do we maintain stability? How do we withstand another major event? Pineault said. Weve had three now in the last couple of decades: 9/11, the Great Recession and the COVID-19 pandemic. It seems like we have to prepare for a once-in-a-lifetime event every decade.
Reducing MGEsnearly $2 billion debt is a priority, he said.
MGE has a lot on its plate,much of it close to home, with this months rollout of sports wagering, both at Mohegan Sun and on a virtual platform, and online casino gaming, all in a partnership with FanDuel. The online betting could get clearance to start this coming week. Mohegan Suns chief competition, nearby Foxwoods Resort Casino, is engaged in the same rollout activity, and both casinos face new competition in the form of the Connecticut Lottery Corp., which also is rolling out retail and online sports betting.
For MGE, which has introduced sports betting at some of its other U.S. properties, the rollout in Connecticut is a huge undertaking, Pineault said.
Another massive project involves MGEs plan to develop the former Norwich Hospital property in Preston. Pineault said an environmental cleanup of the nearly 400-acre site off Route 12 still has to be completed before MGE can acquire the property and market it to developers. Conceptual plans for the site's developmentshowed a theme park, sports and entertainment venues, hotels, housing and a marina.
We have to find the right partners and products that can drive people to both Mohegan Sun and the Preston property, Pineault said.
The gaming facilities MGE either owns or manages in Pennsylvania, Washington state, Atlantic City and Las Vegas have emerged from the pandemic, as have its two casinos in Ontario, Canada, which kept COVID-19 protocols in place longer than U.S. jurisdictions. Pineault flatly denied reports that MGE has entertainment offers for Mohegan Sun Pocono, its racetrack casino in Wilkes-Barre, Pa.
"It's not on the market," he said.
On the international front, Pineault said MGE still is negotiating financing for the integrated resort its building in Incheon, South Korea, and hopes to open itin the fall of 2023. Steelwork at the construction site, halted amid the pandemic, has yet to resume.
Pineault declined to provide an update on the timetable for the Athens, Greece, project MGE has been licensed to develop.
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Mohegan Gaming turns to tribal member to lead it into post-pandemic era - theday.com
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Site wants ‘Simpsons’ analyst to watch every episode for $7K and doughnuts – New York Post
Posted: at 5:27 pm
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A UK casino site is hiring someone to watch every episode of The Simpsons offering nearly $7,000 and a weekly box of doughnuts.
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It will pay the equivalent of $6,800, with around $100 in expenses to cover Disney+ membership to watch the show as well as wifi to stream it.
The new hire will also receive a weekly box of doughnuts to enjoy whilst they work a job benefit we believe that would be loved by Homer Simpson himself! the ad said.
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Site wants 'Simpsons' analyst to watch every episode for $7K and doughnuts - New York Post
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