For a long time, Formula One cars proudly flew the flags of the nations represented by their drivers. Their sponsors’ logos were also printed on them in much smaller font. They often serve as stations selling petrol and tires. Although, in recent years, a growing number of gaming companies signed F1 and F2 sponsorship deals. …
Category: Gambling Industry News
If you’re looking for the latest information on the gambling industry, go no further than SBPPH. Our goal is to deliver the most up-to-date gambling industry news, including challenges bookies experience.
If you want to stay current with what’s happening in the online gaming business, you’ve come to the perfect place. We cover the gaming ecosystem, from new casino openings to updates on betting software.
Largest Gambling Companies Based on Revenue
One of the hardest-hit industries during the pandemic is the gambling industry. Many governments prohibited large indoor gatherings. As a result, casinos and other gambling venues had to shut down temporarily. Here are the largest gambling companies that managed to stay resilient during the pandemic. As gambling companies try to rebound from the pandemic, they …
Positive Influence of the Gambling Industry on Sports Development
The gambling industry significantly impacts national economies, tourism, and other aspects of society. However, some people might not know the positive influence of the gambling industry on sports development. Although it may initially seem strange, closer examination reveals that it makes total logic. After all, sports and gambling are both enormous industries that bring in …
Californians Voted Against Sports Betting
Sports betting stakeholders suffered a significant defeat as Californians voted against sports betting. They shot down measures from the wagering industry and Native American tribes. Months before the elections, supporters of Prop 26 and Prop 27 spent around $460 million to campaign for the measures. Officials are still tallying the final contributions. Measures that would …
Crown Resorts Fines Will Serve as a Warning to the Victorian Gambling Industry
The Victorian Gambling and Casino Control Commission meted out $77.75 million in fines to Crown Resorts. The commission wants the penalties to serve as a warning to the Victorian gambling industry. In addition, the commission is considering more disciplinary actions toward Crown. The fines and other disciplinary actions against Crown resulted from the Royal Commission …
Argentina Gambling Industry Continues to Improve
Argentina gambling industry continues to grow as more provinces prepare to launch their online wagering and gambling markets. For instance, the province of Mendoza started public bidding to create and regularize online gaming. The Provincial Institute of Games and Casinos, or IPJyC, will provide a minimum of two licenses. Also, they set the maximum number …
Tekkorp Capital Partners With SimWin Sports
Back in April, Tekkorp Capital made an announcement that would expand its foothold on the Australian market with a brand new sports betting venture. Now, the same digital investment and advisory group has sealed a fresh partnership agreement with the virtual league SimWin Sports. According to the terms of the contract, Tekkorp Capital will support …