We check in on the international expansion journey for the rebranded Kaizen Gaming, formerly Stoiximan/Betano, to kick off Issue 10 of SBC Magazine. Now present in six countries, and with a strong footprint in Europe, CEO George Daskalakis expands on the company’s symbolic name change, before assessing new opportunities in Latin America (LatAm) and sharing his disappointment over Germany’s failure …
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Industry strategic consultancy Regulus Partners looks at the launch of Gamvisory, Penn National Gaming’s 36% acquisition of Barstool Sports and the use of adtech in safer gambling initiatives. US: sports betting – a seat at the table or a stool in the corner? This week Penn National Gaming announced that it would take a 36% initial stake in Barstool Sports, valuing …
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Penn National Gaming and Vici Properties have confirmed the $376m purchase of Louisiana’s Margaritaville Resort Casino. Vici secured the land and real estate assets of the property for $261m, while Penn purchased the operating assets of Margaritaville for $115m. Alongside the closing of this transaction, Penn National entered into a triple-net lease agreement with the company. The lease has an …
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US gambling industry body, The American Gaming Association (AGA) has confirmed that Tim Wilmott CEO of Penn National Gaming Inc, will serve as its next Executive Chairman. Updating stakeholders, the AGA board confirmed that Wilmot would serve a two-year chairmanship beginning in January 2018, replacing current incumbent Jim Murren CEO of MGM Resorts. Wilmott has been involved with AGA governance …
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US Gambling operator Penn National Gaming Inc (Penn) has confirmed the appointment of William ‘BJ’ Fair as new Chief Financial Officer (CFO) effective January 2017. Penn governance confirmed the promotion of Fair who has served the operator as Chief Development Officer since 2014, he will replace former group CFO Saul V. Reibstein, who announced his retirement from the company last …
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Nasdaq-listed Penn National Gaming (Penn), becomes the latest US land-based gambling operator to enter the social gaming space by announcing the launch of ‘Hollywood Classic Slots’ a social casino with over 30 slot titles. Its new social product will be operated by new division Penn Interactive Ventures, formed following its August acquisition of Rocket Games for a reported $60 million …
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