Latest News
Casino Mogul wants to launch business in North Korea
Reading Time: 2 minutes
Sheldon Adelson, the founder, Chairman, and CEO of Las Vegas-based gaming company Las Vegas Sands Corp., is planning to expand its business in an unlikely destination: North Korea.
His company presently functions in Las Vegas, Macau, and Singapore.
Late last month, Mr. Adelson and his wife, Miriam, attended and were among the speakers at an event organised by Taglit-Birthright Israel, a not-for-profit educational organisation that offers free trips to Israel to young adults of Jewish origin to strengthen their identity. The Adelsons are one of the main sponsors of the organisation. Earlier in this year, the businessman and his wife pledged $70 million to Birthright, the largest ever donation the cause has received since it was founded in 1999.
The billionaire family was among the guests at Birthright’s event in Jerusalem. Mr. Adelson began his speech before Jewish young adults attending the event saying that he was not raised in Israel and did not serve in the country’s army. He went on to say that he was actually a Korea veteran and that he hoped US President Donald Trump would get “North and South Korea finish the war” so that he could go there again. The businessman also pointed out that this time he would not fight but would rather “open up [his] business.”
Mr. Adelson was one of the main sponsors of President Trump’s 2016 presidential campaign. With the United States’ top official formerly being a casino owner himself, he is a long-time friend of the Las Vegas casino mogul.
Reports emerged ahead of the historic meeting between President Trump and North Korea leader Kim Jong-un on June 12 in Singapore that Korea had suggested the US help it build a casino resort as part of a previously proposed plan for the establishment of an international tourist destination in Wonsan-Kalma.
The plan was first presented by North Korea’s leader late last year. It involves the development of an international tourist-friendly resort on the Wonsan-Kalma coast. Construction is expected to be completed by 15 April 2019, the birthday of Kim’s grandfather and former Korean Supreme Leader, Kim Il-Sung.
Mr. Adelson’s Las Vegas Sands has been looking to expand its operations beyond its current markets for quite some time now. The company has already confirmed that it would be among the bidders for one of three gaming licenses in Japan and has been lobbying for the legalisation of Las Vegas-style gambling in Brazil.
Source: Casinonewsdaily.com
Source: Latest News on European Gaming Media Network

Latest News
BMM INNOVATION GROUP NAMES JOHN HELDERMAN AS CHIEF FINANCIAL & ADMINISTRATIVE OFFICER
Seasoned finance and operations executive brings decades of leadership to support BIG’s growth
BMM Innovation Group (“BMM”, “BIG Group”, or “BIG”), a technology conglomerate focused on product compliance testing, training, and cybersecurity solutions for the global gaming industry, today announced the appointment of John Helderman as Chief Financial & Administrative Officer.
With more than two decades of executive leadership in the gaming, finance, hospitality, and nonprofit sectors, Helderman brings extensive experience in financial strategy, operational oversight, and enterprise transformation. In his role, Helderman will help drive continued growth and strategic execution for the BIG Group.
BIG Chief Executive Officer Martin Storm said, “John’s deep financial expertise and operational leadership make him an outstanding addition to the BIG executive team. He has a strong track record of aligning financial strategy with organizational growth and creating value across complex, multi-entity businesses. His leadership will be important as we continue to expand our services and technology footprint.”
Before joining BIG, Helderman served as Chief Financial Officer of Fontainebleau Las Vegas, a $1 billion luxury resort, where he led accounting, IT, and procurement and was licensed as a Key Executive by the Nevada Gaming Commission. He also held CFO roles at Bluberi Gaming and The Brennan Entities, modernizing financial systems, enhancing operational efficiency, and supporting liquidity management during critical growth periods.
Earlier in his career, Helderman served as President & Chief Executive Officer of Goodwill Industries of Southern Nevada, where he led a financial turnaround that improved operating income tenfold. He also held senior finance roles at Caesars Entertainment, including Vice President of Finance and Capital Planning, managing large-scale budgeting and investment strategies across multiple Las Vegas Strip properties.
Helderman earned a Juris Doctor from the University of North Carolina School of Law and bachelor’s degrees in business management and economics from North Carolina State University. He is a licensed attorney in both Georgia and North Carolina and serves on the board of Goodwill Industries of Southern Nevada.
Helderman said, “Joining BMM Innovation Group is an incredible opportunity. BIG is a powerhouse in gaming and technology, and I’m thrilled to be part of a team that’s transforming gambling industry performance. I’m excited to help refine BIG’s strategies, systems, and processes and build on the momentum that’s already driving BIG’s growth worldwide.”
The post BMM INNOVATION GROUP NAMES JOHN HELDERMAN AS CHIEF FINANCIAL & ADMINISTRATIVE OFFICER appeared first on European Gaming Industry News.
Latest News
ELA Games to Share Insights During Two Panel Discussions at the SBC Summit Malta
ELA Games, an innovative game development studio, announces that its representatives will participate in panel discussions to share industry insights at the upcoming SBC Summit Malta on June 11, 2025, at the Casino Innovation stage.
2:00 – 2:45 pm: The Art of the Sequel: Balancing Innovation, Success, and Influencer Impact on Gaming Audiences
This panel discusses how sequels are a key tool for studios to refresh content and develop existing player relationships. Yaroslav Soloshenko, Business Development Team Lead, will highlight ELA Games’ approach to creating recognisable and memorable series while capitalising on success and positive momentum. Additionally, he’ll discuss the studio’s philosophy regarding creativity and game development.
3:45 – 4:30 pm: Platforms and Aggregators: Catalysts or Constraints in the Gaming Industry’s Future?
Marharyta Yerina, Managing Director, will take part in a panel discussion on the financial and business side of iGaming. Specifically, she will cover the relationship between game studios, content aggregators and platforms. She will provide key insights on the finances of these partnerships and how studios can utilise the increased reach these platforms provide to focus on innovation.
The post ELA Games to Share Insights During Two Panel Discussions at the SBC Summit Malta appeared first on European Gaming Industry News.
Latest News
REEVO Announces New Partnership with SpinLogic
REEVO, the cutting-edge B2B content and aggregation platform, has announced an exciting new partnership with SpinLogic, a leading game provider known for its thrilling slots, table and card games, and video poker experiences.
Through this collaboration, REEVO’s partners will now have instant access to SpinLogic’s entire game portfolio, featuring player-favourites like Mask of the Golden Sphinx, The Cash is Right and Spicy Reels Fiesta, blockbuster titles that are set to capture even more players globally.
Since its launch in 1998, in partnership with RealTime Gaming, SpinLogic has developed a robust catalogue of over 300 high-performing games, continuously releasing new titles every month. This rich and diverse library will now be available through REEVO’s dynamic aggregation platform, further enhancing the gaming choices available to operators and players alike.
By teaming up with REEVO, SpinLogic will also leverage a suite of innovative gaming solutions and advanced technologies, ensuring it remains at the forefront of the ever-evolving iGaming landscape. REEVO’s relentless focus on empowering partners with best-in-class tools, seamless integrations and next-generation capabilities means that SpinLogic is perfectly positioned for an exciting new phase of growth and innovation.
Adrian Ploscaru, Account Manager at SpinLogic, said: “This partnership opens up new avenues for innovation and enhances our ability to deliver top gaming experiences. We believe that working with REEVO will elevate our offering and strengthen our position in the industry. Together, we are committed to understanding and meeting the needs of our players.”
Daniel Cuc, Head of Account Management at REEVO, said: “We are proud to welcome SpinLogic to the REEVO family. Their proven track record of delivering standout gaming content perfectly aligns with our mission to offer operators nothing but the best. Together, we will push boundaries and create exceptional opportunities for innovation, growth, and player engagement.”
The post REEVO Announces New Partnership with SpinLogic appeared first on European Gaming Industry News.
-
Latest News1 month ago
Exclusive Q&A With Bar Konson, Chief Business Development Officer at NuxGame
-
Latest News2 months ago
SARA TENDULKAR JOINS JETSYNTHESYS’ GLOBAL E-CRICKET PREMIER LEAGUE AS MUMBAI FRANCHISE OWNER FOR SEASON 2
-
Latest News4 weeks ago
Week 17/2025 slot games releases
-
Latest News4 weeks ago
Fortuna Partners with 2025 UEFA Under-21 EURO
-
Latest News1 month ago
Esports World Cup Foundation Confirms Full Game Lineup, Schedule, and Club Championship Rules for EWC 2025
-
Latest News2 weeks ago
ELA Games Receives Key Nomination at EGR Marketing & Innovation Awards
-
Latest News2 months ago
DreamPlay consolidates its status as a global player in the iGaming industry and opens an office and campus in Cyprus
-
Latest News1 month ago
ACR POKER’S NEXT HIGH STAKES ADVENTURE TAKES PLAYERS TO MONTENEGRO FOR PRESTIGIOUS SUPER HIGH ROLLER SERIES
You must be logged in to post a comment Login