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Coolbet CEO Svendsen Rips GAN Leadership in LinkedIn Post

Former Coolbet CEO and founder Jan Svendsen recently took to LinkedIn with scathing commentary on GAN Ltd. (NASDAQ:GAN) — the gaming technology provider that acquired his company last year.

Coolbet Gan
Coolbet founder Jan Svendsen. He has some choice words for GAN leadership. (Image: Zip News)

Svendsen, a 35-year gaming industry veteran with a track record of starting companies and selling those entities to larger rivals, unleashed his criticism of GAN ahead of the company’s annual meeting. That’swith the shares down almost 81% over the past year.

The former Coolbet boss d

Atlantic City Casino Contracts Expire, Workers Union to Picket

No end in sight

Despite lengthy negotiations, there was no compromise reached between Atlantic City casinos and the main casino workers union in the region regarding now-expired contracts. As a result, Unite Here Local 54 union members plan to picket outside of the Atlantic City Tropicana casino on Wednesday evening.

expired on Wednesday at 12:01am

The contracts that the union had with each of the nine casinos in Atlantic City expired on Wednesday at 12:01am. The main focus of the negotiations was with MGM Resorts International and Caesars Entertainment, with the two companies owning

Petition to Save Volcano at the Mirage in Las Vegas Picks up Steam Amidst Ownership Change

The Mirage strips its signature

Las Vegas: the home of extravagant entertainment and unspoken memories. The famed Strip has seen superstars and ordinary citizens alike travel to experience all that there is to offer, but now, one of the most recognizable landmarks— the volcano outside the Mirage— looks likely to face a wrecking ball.

The fact that they were going to tear down the volcano, that hit me personally.”

“When I heard the news, I remember just wondering why this was going to happen,” Alden Gillespy, a Vegas resident and critic of removing the volcano, told the Las Vegas Sun.

Tabcorp Moves into Final Phase of Demerger; TLC to Start Trading June 2

Tabcorp is taking the final steps of its planned demerger. The Australian gaming company is in the process of splitting its various operations, with the next couple of days bringing everything to a close.

Tabcorp offices
Tabcorp’s offices in Australia. The gaming company is almost finished demerging its various operations. (Image: Tabcorp)

Tabcorp has executed the plan for The Lottery Corporation’s (TLC) demerger, according to a company announcement from today. The plan goes into effect as of today, and shareholders in TLC will receive holding statements on June 3.

Beginning t

Jan Svendsen calls for a change at the top of GAN Limited

The man who established the online casino at CoolBet.com has reportedly issued an official statement criticizing the site’s new owner, GAN Limited, as well as its executive team and boss. Jan Svendsen (pictured) published his May 24 reproach on LinkedIn condemning the management team at real-money online casino and sportsbetting technologies developer GAN Limited for […]

PAGCor to probe ‘illegal and violent’ Okada Manila takeover

The gaming regulator for the Philippines has reportedly announced that it is to officially investigate yesterday’s alleged violent storming of the giant Okada Manila development by multiple representatives of Japanese billionaire businessman Kazuo Okada (pictured). According to a report from the Reuters news service, the move from the Philippine Amusement and Gaming Corporation (PAGCor) comes […]

Pragmatic Play adds new Speed Blackjack tables to Live Casino product suite; partners Betfun for Argentina expansion

Following its expansion in Argentina via Betfun and online casino games provider Pragmatic Play is “bringing new gaming opportunities to its players” having enhanced its Live Casino product suite with Speed Blackjack. The new Speed variant of the classic game of blackjack is feature-packed and includes side bets, Auto-Decisions and more, providing users with an […]

The Star Entertainment Group Limited license suitability probe concluding

In Australia and closing arguments have reportedly begun as part of the public inquiry into The Star Entertainment Group Limited with critics continuing to contend that the firm should be deemed unfit to hold a New South Wales casino license. According to a Tuesday report from The Guardian newspaper, the Brisbane-headquartered operator is being investigated […]

Atlantic City casino workers union to picket following contract talks impasse

In Atlantic City and the Local 54 branch of the Unite Here trade union has reportedly announced that its members are to begin picketing outside of the Tropicana Atlantic City property after it failed to reach new employee contracts with the city’s casinos. According to a Tuesday report from the Associated Press news service, the […]

APT Events Private Limited purchases the Asian Poker Tour

The Asian Poker Tour (APT) has a new owner. The newly created APT Events Private Limited has acquired the poker tour brand from Asianlogic Group Company, Asian Poker Tour Limited. The PT is a live poker brand based in Asia, offering poker players live quality gaming options since it began back in 2008. Executives to […]

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