If you don’t drive your business, you will be driven out of business.
—B. C. Forbes
4th May 2018  
 
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The Story

Elaine Wynn, the ex-wife of casino mogul Steve Wynn, has sued Wynn Resorts for not releasing its shareholder records ahead of the company’s annual general meeting.

 

Shaking up Wynn Resorts’ board.

Wynn is hoping that the courts will direct the company to release all shareholder material to which she is legally entitled. The suit also requests that the annual meeting be postponed until the lawsuit is settled. Weeks before she filed the lawsuit, Wynn started a campaign to remove the company director John J Hagenbuch and other “legacy directors” from the board. She even sent a letter to all shareholders urging them to join her “withhold the vote” campaign.

 
 
 
 
 
 
 
 
 

The Industry Eye – Season 4, Episode 1

In this episode, Ed Pownall sees Pinnacle are spot on, Paddy Power Betfair are just fine, and LeoVegas lose to the Gambling Commission who themselves are winning big.

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Coinbase gives up data to New York attorney general

The cryptocurrency exchange seems to have no problem in turning over its data to the New York attorney general, even touting itself as “a profitable and self-sustaining business.”

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  ASIA
DFNN profit jumps 513% on robust commission fees

Strong commission fees and improved service income were the reasons why the net income of the Philippine-listed game technology provider DFNN Inc. grew five-fold in 2017. 

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  EUROPE
Cherry AB Q1 revenue beats analysts’ expectations–and theirs as well

The Stockholm-listed online gambling operator exceeded its own expectations when its revenue jumped 26 percent to SEK681m (US$76.55m) in April.

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B2B segment lifts GIG Q1 2018 revenue to $44M

Gaming Innovation Group extended its winning streak for the first three months of 2018 thanks to its B2B revenue and increased activity from internal gaming brands.

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  NORTH AMERICA
Scientific Games shakes up board after modest Q1 2018 gains

Scientific Games Interactive CEO Barry Cottle emerged as the newest president and CEO after a reshuffle in the company’s board.

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Kentucky Derby odds have Justify as the favorite

The most storied thoroughbred race in North America will happen on Saturday at Churchill Downs with Santa Anita Derby winner Justify favored to win.

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  WORD OF THE DAY
 

Adlergic—refers to people who block or avoid ads on their computers, mobile devices and even on their streaming services. Deloitte predicts that 10% of North Americans will engage in adblocking on more than four devices in 2018.

 
 
 
 
 
 
 

LetsBet.com features world’s first online casino talk show

LetsBet players can now enjoy full-HD live stream of Swedish live hosts providing quizzes, game reviews, food tastings, casino news, and other engaging content. 

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Congratulations to RTG Asia for being short-listed for the "Innovation in RNG Casino Software" award at the EHR B2B Awards!
 
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