Kambi to operate Sportsbook and mobile app for Four Winds’ Michigan casinos

Michigan, US-based casino operator Four Winds has announced the selection of Malta-based sports betting services provider Kambi Group PLC to operate sportsbook as well as mobile application for its gaming facilities in the Great Lakes State. 

Headquartered in Malta and listed on First North at Nasdaq Stockholm, Kambi Group PLC is a B2B provider of sports betting services to gaming operators in regulated markets.  

Wynn Macau not involved in Genting Hong Kong hotel project

Wynn Macau Limited, one of Macau’s leading operators of luxury integrated resort casinos, has proclaimed that it has no involvement in a new hotel project that is being developed by an auxiliary unit of Genting Hong Kong Limited.

The massive hotel project in question is being developed by China’s state-owned real estate contractor China Civil Engineering Construction Corp (CCECC) on a waterfront site at Macau peninsula's Nam Van area.

Penn National Gaming warns of permanent layoffs

Wyomissing, Pennsylvania-headquartered Penn National Gaming Incorporated has recently announced the reopening of more than 70 per cent of its casinos following corona virus-induced shutdown, but thousands of its employees will likely not be around long enough to celebrate as the entertainment giant has warned of permanent layoffs.

Lufthansa Management Could Consider Protective Shield Proceedings under Insolvency Law

German airline Lufthansa has informed that it might need protection from creditors if the shareholders of the company don’t approve the German-government backed bailout plan on the voting to be held on June 25. Lufthansa was among the first major European airlines to announce that the impact of COVID-19 pandemic on its finances would be difficult to manage. The airline announced initial jobs cuts and has indicated further job cuts even after the German government approved bailout package for the airline.

Yggdrasil Gaming’s new online slot game ‘Lightning Joker’ offers wins up to 10,000 times of stake

Malta-based innovative online gaming solutions provider Yggdrasil Gaming Limited’s newly launched Lightening Joker comes with turbo spin advance feature that offers a chance for players to win up to 10,000 times of their original stake in a single spin.