The Indian government has recently imposed a comprehensive ban on online paid games, citing that such games are prone to causing addiction among teenagers and economic losses. The ban has quickly devastated the industry, with the well-known gaming platform Mobile Premier League (MPL) announcing that
LNW Gaming to Shut Down Michigan Facility, Lay Off WorkersLight & Wonder subsidiary LNW Gaming has announced that it will be shutting down a facility in Michigan. This will lead to layoffs, which will affect roughly 100 employees, according to a filing by the company.Layoffs Are Upcoming As outl
BetMGM Announces Layoffs Amid Growing Market ChallengesBetMGM, a top player in the online gambling world, has said it will cut 83 jobs at its main office in Jersey City, New Jersey. The job cuts will start on May 27, as the company deals with slower growth in sports betting and tougher competition f
Tabcorp Slashes Workforce by a TenthAustralian betting and gaming giant Tabcorp Holdings has parted ways with numerous workers in an effort to streamline its operation and reduce business costs. This comes amid financial and regulatory difficulties for the company.Tabcorp Wants to Streamline Its Bus
A Las Vegas tourist attraction is laying off workers and a top executive is leaving the company. Area15 confirmed Friday that Chief Operating Officer Dan Pelson has resigned, and the company has enacted a strategic restructuring to “address evolving conditions in the marketplace.”The restructuring w
A luxury Strip resort has parted ways with several long-time and high-level employees, according to multiple sources. The Venetian and Palazzo casinos laid off an unknown number of employees this month, some of whom had worked at the Strip resort for over a decade.Among those known to be affected by
Catena Media has announced it will be laying off 29 employees in advance of the Q3 trading call in an attempt to “streamline and rightsize” the content and marketing teams.Looking ahead to the call on 7 November, the affiliate booked a non-cash impairment charge of €40m.Catena cited the authorising
DraftKings Announces New Jersey Layoffs Amidst Problem Gambling ConcernsDraftKings announced plans to lay off 101 employees in New Jersey, attributed to the company’s decision to shut down its live dealer studio in Atlantic City. It is yet unknown whether this downsizing will affect the company’s ga
Rivalry Further Shrinks Its Workforce amid Strategic RefocusRivalry, a next-gen sports betting and media company, announced that it has laid off 28 employees, including its global marketing director. The new redundancies are a part of a company restructuring, according to EGR.Another Few Dozen Emplo
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