As BetMGM tries to regain momentum in the gaming market, it’s banking in part on gains in NFL betting and the draw of new technology. The company is the third largest U.S. sportsbook by market share, but has lost ground in recent years in both sports gambling and igaming, or online casino gambling, where it…
Aristocrat Gaming CEO Hector Fernandez told CNBC that digital opportunities are key to the company’s future — as is ensuring its intellectual property is protected. Fernandez said he welcomes competition, but added that “one of the things that is pivotal for us is to aggressively defend our IP that we create.” The global gamemaker sued…
A family exits a Spirit Halloween store operating in a former Best Buy. Paul Weaver | Lightrocket | Getty Images Some Spirit Halloween locations will be busy for longer than usual this year. Spirit Halloween will operate 10 stores through the entire holiday season as “Spirit Christmas,” a spokesperson confirmed with CNBC. Instead of the…
When Joe Biden last week said that his administration has been “discussing” possible Israeli plans to attack Iran’s oil industry in retaliation for Iran’s ballistic missile attack, it left the world stunned. Notably because Mr Biden didn’t reject these plans outright, in the way that he had the day before regarding a possible strike on…
Rachel Reeves’s pledge of £22bn for carbon capture projects across the UK brings the promise of jobs and a revitalised economy (Today, with our £22bn pledge for carbon capture, Labour’s green revolution for Britain begins, 4 October). But there’s one critical question: who’s going to build it all? The UK construction sector is already facing…
Who or what is Keir Starmer frightened of? With July’s landslide victory under his belt, he doesn’t have to face the electorate for another five years. The rightwing media will attack him and Labour irrespective of what he says and does, but he can afford to ignore them. Meanwhile, surveys consistently show that a majority…
China has imposed tariffs on EU brandy imports in an escalating tit-for-tat trade row with Brussels over extra levies on Chinese-made electric vehicles. Beijing also said it was considering duties on imported petrol cars from Europe. China said importers of EU brandy would have to pay a levy of as much as 39% from Friday…
The Federal Aviation Administration (FAA) on Tuesday said it had issued a safety alert to airlines warning of the potential for limited or jammed rudder movement on certain Boeing 737 airplanes. Last week, the National Transportation Safety Board (NTSB) said more than 40 foreign operators of Boeing 737 airplanes may be using Max or 737…
The UK’s Serious Fraud Office (SFO) and the Kazakh mining company Eurasian Natural Resources Corporation have agreed a settlement to end one part of a years-long legal battle. The agency had been investigating ENRC for suspected bribery and fraud in Africa and Kazakhstan, which the mining company denied. But the SFO dropped its decade-long investigation…
The Treasury minister James Murray has rejected calls to delay plans to add VAT to private school fees, saying the government needed to start raising funds as soon as possible in order to deliver on its educational ambitions for state schools. Reports over the weekend suggested the policy, which is due to come into force…
