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Business
September 17, 2024
Interblock Boosts Business with Majority Stake in Zuum
Interblock, a worldwide leading developer and supplier of Luxury Electronic Table Gaming (ETG) products, has acquired a majority stake in Zuum, a competitor company. This agreement was celebrated as a move that would enhance the former company’s portfolio significantly, allowing it to power its clients with many new solutions. The Two Businesses Complement Each Other […]
Business
September 16, 2024
BetMGM Becomes USA TODAY’s Preferred Online Sportsbook and Casino Partner
Online gaming and betting powerhouse BetMGM just unveiled a new multi-year partnership with Gannett, a diversified media company with expansive reach. BetMGM Will Supply the Network with Odds and Betting Info Under the agreement, BetMGM will become the preferred online sportsbook and casino partner for USA TODAY Sports. As a result, BetMGM will supply the […]
Business
September 16, 2024
Flutter to Acquire Playtech’s Consumer Arm in Major Expansion Move
Flutter Entertainment, the parent company of brands like Paddy Power and Betfair, is reportedly nearing the conclusion of a milestone £2 billion acquisition of the consumer operations arm of Playtech, one of the leading gambling technology providers. The acquisition signals Flutter’s ongoing commitment to expanding its global influence and portfolio. Playtech Will Focus on Its […]
Business
September 16, 2024
France Outlines Conditions for FDJ’s Acquisition of Kindred
The French competition regulator has approved the deal as long as FDJ agrees to follow certain conditions. FDJ to Keep Its Monopoly and Competitive Businesses Separate France seems favorable of FDJ’s takeover of Kindred, provided that the two companies agree to follow a number of conditions. In the wake of its first investigation into the […]
Business
September 16, 2024
Playtech Revises Strategic Deal with Caliplay for Further Growth
The 1999-founded leading technology company in the gambling industry, Playtech, has announced inking a revised strategic agreement with Caliente’s subsidiary, Caliplay, a leader in the regulated Mexican online casino and sports betting market and its largest client. The news of the amended terms of the strategic agreement comes after the two parties were embroiled in […]
Business
September 13, 2024
Flutter to Form Flutter Brazil via Acquisition of 56% Stake in NSX
Sportsbook and iGaming juggernaut Flutter Entertainment has unveiled a major investment in Brazil that would grow its local footprint. The deal reflects the company’s overall expansion strategy and orientation toward global markets. Flutter to Acquire a 56% in NSX in Q2 2025 According to Flutter’s official announcement, it has paid some $350 million to acquire […]
Business
September 13, 2024
Evolution Gaming Expands Live Casino Portfolio with Arcadia Gaming Solutions Acquisition
Evolution Gaming announced the strategic acquisition of Arcadia Gaming Solutions, a deal expected to enhance its position as a live casino gaming leader. Arcadia, known for its proprietary technology allowing players to engage with real-time physical arcade machines remotely, will join Evolution’s growing portfolio of innovative gaming solutions. Arcadia Pioneered a Novel and Engaging Product […]
Business
September 13, 2024
MGM Resorts Expands Environmental Commitments via Renewable Energy Deal
MGM Resorts International is doubling down on sustainability via a new agreement with Escape Solar LLC. According to the announcement, the deal will double the casino and hospitality giant’s access to clean solar electricity. MGM Pens a New Sustainable Energy Deal The agreement is in line with MGM’s ongoing sustainability efforts and was described as […]
Business
September 13, 2024
Interactive Brokers Prepares to Launch Election Markets
Interactive Brokers, a popular trading platform, announced that it will be launching wagering on the outcome of the US election. Set to take place in November, the election is highly anticipated by US citizens and bettors alike. Interactive Brokers Plans to Offer Exciting Markets Speaking to the Wall Street Journal, Interactive Brokers said that it […]
Business
September 13, 2024
Wynn Stock Deserves More Credit for UAE and Macau, Suggests Analyst
Amid fears about China’s weak economic outlook, some investors were quick to dismiss Macau and Chinese stocks such as Wynn Macau. The stocks of the company’s parent, Wynn Resorts, have also seen a decrease on a year-to-date basis. Stifel Analyst, Optimistic About Wynn Resorts’ Stocks Still, an expert analyst remained optimistic about Wynn Resorts, especially […]
