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SKS365: BEPI PEZZULLI NAMED NEW GENERAL LEGAL COUNSEL

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Bepi-Pezzulli SKS365: BEPI PEZZULLI NAMED NEW GENERAL LEGAL COUNSELReading Time: 2 minutes

 

After a long international experience in finance, tech, and media, Pezzulli will coordinate the activities of the Italian legal team activity to support the company’s management

SKS365, one among the leading operators in the Italian betting market, announced the appointment of Bepi Pezzulli as new General Counsel.

Lawyer, Solicitor in London and Attorney at Law in New York, he brings with him a long international experience both in Europe and the United States in areas such as finance, tech and media. Pezzulli will manage the activities of SKS365 legal department as strategic advisor reporting to the management team and board. “SKS365 is a cutting-edge company. Here the legal function has the mission to contribute to operating efficiency. As General Legal Counsel I will have the opportunity to demonstrate that legal, compliance and business ethics produce value for shareholders” commented Pezzulli.

An exciting year awaits all of us here at SKS365 and it is with great pleasure that I welcome, on behalf of the entire company, Bepi Pezzulli – commented Francesco Gaziano, SKS365 Chief Marketing OfficerHe brings a wealth of experience, both from a legal and a commercial point of view, which will prove invaluable for the new company course.

The arrival of Pezzulli is one of the many hits scored by the new SKS365. With the recent launch of the new brand identity, it confirms itself at the center of a path of evolution that invests all areas of society, and which contribute to place it among the most dependable operators in the Italian market.

SKS365 is one of the main players in the international betting and gaming industry. The Company is also present in the Italian online and retail market through SKS365 Malta Limited (holder of concession license n° GAD15242 and physical retail network concession n° 72002 and 4584).

Through the brand planetwin365 the Company offers elevated security standards and a diversified gaming experience to its customers both online, with planetwin365.it, and offline through a retail network that holds more than 800 planetwin365 shops throughout the Italian territory.

“Il nostro gioco è di un altro pianeta” is the claim that aims at underlining the positioning of the Company as the operator with the widest range of bets available on the Italian market, the one with the richest and updated betting schedule and innovative tools such as the “market movers”, which monitor the trend of shares. The brand, planetwin365, is close to all the customers especially those with the passion for football and overall sports in general. Customers can choose from more than 100 types of bets, around 330 live events each day and over 5000 pre-games every week. The offer is also available via mobile app for iOS and Android.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: SKS365: BEPI PEZZULLI NAMED NEW GENERAL LEGAL COUNSEL

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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UNITE HERE Warns About Potential Gaming Tax Revenue Declines, Job Cuts, and Other Problems of Proposed Merger of Eldorado Resorts and Caesars Entertainment

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Unite_Here_logo UNITE HERE Warns About Potential Gaming Tax Revenue Declines, Job Cuts, and Other Problems of Proposed Merger of Eldorado Resorts and Caesars EntertainmentReading Time: 2 minutes

 

Eldorado Resorts and Caesars Entertainment jointly announced a proposed transaction to combine the two corporations, pending shareholder and regulatory approvals. The deal is to be based on $7.2 billion of new debt financing and $500 million of cuts and other “synergies.” UNITE HERE, the hospitality workers union, represents approximately 25,000 workers at Caesars and Eldorado properties.

UNITE HERE-represented union casinos accounted for approximately 68% of the pro forma $30 billion combined Caesars-Eldorado EBITDAR in 2018. These 22 UNITE HERE union casinos altogether include over 50% of the combined company’s total hotel rooms, over 30% of its total slots, and nearly 40% of its total table games. UNITE HERE locals are currently in contract negotiations with Eldorado at Circus Circus Reno and Isle Pompano Beach. Contracts at six additional UNITE HERE union casinos in the combined Caesars and Eldorado portfolio will expire in 2020, including four properties in Atlantic City.

UNITE HERE issued the following statement from President D. Taylor:

“UNITE HERE has had a positive relationship with Caesars Entertainment over the years, and 25,000 union members have been excited to help the company reinvest and rebuild as it recovers from the disastrous leveraged buyout led by Apollo and TPG. It is in this context that we approach the proposed sale of the company with great concern.

Yesterday, Eldorado announced cost-savings of $500 million in the first year of the combined company. Where are they going to cut? We will not stand by idly if the proposed Caesars-Eldorado transaction will lead to significant job losses, worse wages and benefits for our members, and lower state gaming tax receipts in the many communities where members we represent work and live. Casinos operating under privileged licenses are meant to create significant benefits for host communities, including family-sustaining jobs and local government funding based on gaming taxes.

We will support changes at Caesars that preserve the company’s long-term financial health and provide a sustainable path to good jobs in vibrant gaming markets across the country.”

2018, 7,700 UNITE HERE members went on a multi-city strike at Marriott hotels across the United States and won historic settlements in Boston, Detroit, San Francisco, San Jose, Oakland, San Diego, and Hawaii.

UNITE HERE represents over 300,000 hospitality workers in gaming, hotel, and food service industries in North America and provides analysis from the perspective of those who work in these industries.

 

Source: UNITE HERE


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: UNITE HERE Warns About Potential Gaming Tax Revenue Declines, Job Cuts, and Other Problems of Proposed Merger of Eldorado Resorts and Caesars Entertainment

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UK NHS to Open Gambling Clinic for Children

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9-13 UK NHS to Open Gambling Clinic for ChildrenReading Time: 1 minute

 

The UK’s NHS is going to open its first gambling clinic for children.

According to the Gambling Commission, there are 55,000 children classed as having a gambling problem in Britain. The Commission also found that a total of 450,000 are gambling regularly.

“This action shows just how seriously the NHS takes the threat of gambling addiction, even in young people. The links between problem gambling and stress, depression and mental health problems are growing and there are too many stories of lives lost and families destroyed,” Simon Stevens, the NHS England chief executive said.

The move was welcomed by Carolyn Harris, the Labour MP for Swansea East, who said attitudes around problem gambling was at last shifting. “For too long the industry has dismissed problem gambling but now is the time for polluters to pay,” she said.

“The clinic will open as part of a new network of services for addicts being rolled out as part of the NHS Long Term Plan. Specialist face-to-face NHS treatment for gambling addiction has only been available in London but is being made available across the country as part of the new strategy,” NHS England said.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: UK NHS to Open Gambling Clinic for Children

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Mobile Betting Bill Fails to Progress Through New York Assembly

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8-11 Mobile Betting Bill Fails to Progress Through New York AssemblyReading Time: 1 minute

 

Senator Joseph Addabbo’s mobile betting bill has failed to progress through the New York Assembly. The legislative session saw S17 fail to progress beyond the Assembly Standing Committee on Codes.

Addabbo tweeted that he saw no clear reason why the state could not implement mobile sports betting in 2019. Failure to do so would see the state miss out on around $75m in revenue, funding for education, and both job creation and retention.

“NY will be stuck like a disabled car on the shoulder, while we allow an illegal sports betting business in our state thrive and idly watch other neighboring states pass us up with enormous revenue gains from mobile sports betting,” Addabbo said.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Mobile Betting Bill Fails to Progress Through New York Assembly

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