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Business
January 29, 2025
NorthStar Gaming Secures $30M Credit Facility
NorthStar Gaming announced that it has secured significant investment, as well as additional credit support. According to the company’s leadership, this is NorthStar’s largest financing to date. The Biggest Investment in NorthStar’s History NorthStar Gaming said that it has entered into a credit agreement to secure a CAD 43.4 million ($30 million) senior secured first […]
Business
January 29, 2025
Star Entertainment Divests Non-Core Assets as Search for Liquidity Continues
The Star Entertainment Group announced that it selling non-core assets as the group desperately seeks to secure its financial position. Star Sydney to Divest Its Event Center In a release submitted to the ASX, the Australian casino and hospitality company confirmed that its New South Wales-facing branch, The Star Entertainment Sydney Properties, has secured agreements […]
Business
January 29, 2025
Penn Entertainment Takes the Lead in Gaming Industry’s DEI Efforts
Penn Entertainment has grabbed the top spot in the newest All-Index report from the All-In Diversity Project, a yearly survey that looks at diversity, equity, and inclusion (DEI) work across various industries, including the gaming industry. This recognition shows Penn‘s dedication to creating a diverse and inclusive workplace setting an example for other operators to […]
Business
January 28, 2025
Fitzdares to Part Ways with CEO Woodhams
Fitzdares, a leading gaming and betting company in the UK, is set to part ways with its chief executive officer William Woodhams. Speaking on his departure, Woodhams said that he “loved every second” of his time at the helm of the operator. He is set to end his time as CEO on Friday. Seven Years […]
Business
January 28, 2025
DEEM Enterprises Reiterates Plan to Redevelop AC’s Defunct Bader Field Airport
DEEM Enterprises, a visionary group seeking to redevelop Atlantic City’s Bader Field airport, has reiterated its plans to breathe new life into the area. DEEM Wants to Breathe New Life into the Defunct Airport DEEM Enterprises’ $3.4 billion project seeks to enhance Bader Field with premium entertainment and lifestyle facilities. The project will notably have […]
Business
January 28, 2025
NY Gambling Regulator Adds Members to Gaming Facility Location Board
Major gaming and hospitality operators are looking forward to securing one out of three New York downstate casino licenses. While efforts to speed up the process have so far failed, a couple of fresh appointments announced by the New York State Gaming Commission may signal another push to expedite the process. New York Gaming Facility […]
Business
January 27, 2025
Land-Based Casino Revenue Trends Differ by State and Market, Analyst
With brick-and-mortar casinos available across the United States, the growth of the land-based sector remains a complex, difficult and fluctuating process that varies from one market to the other. That’s the opinion of an expert analyst who recently argued that a one-size-fits-all growth trajectory for casinos across the country doesn’t apply. A Range of Factors […]
Business
January 24, 2025
Redburn Atlantic: Regulatory Probe Endangers Evolution’s Valuation
Leading innovator in product development and advanced IT solutions for online casinos, Evolution, is facing challenges amid a fresh report by Rothschild & Co’s public equities arm, Redburn Atlantic. Among other things, the report considers the regulatory scrutiny the company is subject to as a potential risk to its valuation. Evolution Taking “Forceful Action Using […]
Business
January 23, 2025
IGT Secures Awards at ICE, Pens Deal with LOTTO Thüringen
International Game Technology, a global leader in gaming content, announced that it has secured two awards at ICE Barcelona. In the meantime, the company penned a multi-year agreement with Germany’s Thuringian State Lottery. IGT Secures Prestigious Awards IGT just announced that it has been “recognized with top honors” in two prominent award programs at ICE […]
Business
January 23, 2025
Super Group’s Shares Soar After Optimistic Preliminary 2024 Report
Online gaming and sports betting company Super Group has published its outstanding preliminary, unaudited financials for Q4 and FY 2024. In its report, the company outlined record-breaking revenue and EBITDA figures. Q4 Was a Strong Period for the Business Super Group, which operates the famous gaming brands Betway and Spin, was thrilled to announce that […]
