A group of seven Brazilian lawmakers has unveiled a new legislative package aimed at implementing more stringent regulations on online sports betting. This initiative aims to safeguard the rights of vulnerable groups, particularly minors, and promote responsible gambling practices. Key Points A new legislative package seeks to restrict online sports betting in Brazil. Key provisions […]
Mexican President Claudia Sheinbaum is standing firm on her anti-gambling stance, asserting that there will be no new casino permits granted. Following questions about a new major casino in Naucalpan, she confirmed that the policy remains unchanged and ordered an investigation into the situation. This casino, the Jubilee Casino, has stirred controversy since it was […]
The Paraguayan Association of Gambling Operators (APOJA) has recently expressed its support for Decree No. 3846, marking a pivotal update to the country’s gambling laws after nearly 30 years of stagnation. This new regulation gives the 263 municipalities 30 days to comply with new licensing requirements and report their status to the General Directorate of […]
Summary Light & Wonder has officially completed its acquisition of Grover Gaming’s charitable gaming assets for $850 million in cash, a deal initially announced in February. This acquisition, which complements Light & Wonder’s existing portfolio, highlights the strong cultural alignment between the two companies. Key Points The acquisition reinforces Light & Wonder’s growth strategy in […]
Summary Wynn Resorts has decided not to pursue a licence for a casino in New York City, which reduces the expected Manhattan bids to three. The company’s significant $12 billion proposal for Hudson Yards faced persistent community opposition despite revisions to include more housing units. Wynn’s exit follows the recent withdrawal of another major player, […]
An association comprising Japan’s major companies has revealed that Japanese residents spend a staggering $44.2 billion annually on illegal overseas sports betting sites. This report, based on a survey by the Council for Sports Ecosystem Promotion, indicates an urgent need for reform in Japan’s sports betting landscape. Key Points Japanese residents placed a total of […]
Taco John’s, a prominent player in the fast-food Mexican scene, is shaking things up with some important changes in its leadership team. Alongside promoting from within, new talent is being welcomed to elevate the brand further. Key Points Kristin Nuss is promoted to General Counsel and Corporate Secretary, bringing over 25 years of legal experience. […]
Steve Cohen’s hedge fund, Point72, is gearing up for some serious talent acquisitions by hiring Jennifer Cohen, the former head of HR at Schonfeld Strategic Advisors, as their new Chief Human Resources Officer. This move signals a broader trend in the hedge fund sector where firms are competing not just for investment talent but also […]
The trend of employers moving away from remote work is raising eyebrows among experts. Recent surveys indicate that fewer HR professionals consider flexible work as part of their talent acquisition strategies, with significant shifts in return-to-office policies causing concern about long-term repercussions. Key Points Only 48% of HR professionals reported that remote or hybrid work […]
Summary Mark Jenkins, Chief Service Officer at MHR, argues that technology and innovation should involve every employee, not just IT teams. Traditionally, tech has been siloed within IT departments, which can stifle innovation and slow progress. Nearly 20% of employees feel a lack of innovation is hindering organisational performance, highlighting the need for a more […]
