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Business
April 10, 2025
Bragg Gaming Unveils Partnership with and Stake in RapidPlay
Bragg Gaming Group, a global provider of iGaming content and technology, unveiled the acquisition of a strategic equity stake in RapidPlay, a Brazilian game development studio. In addition to that, Bragg confirmed a partnership with the Brazilian game specialist. RapidPlay Is a Brazilian Visionary According to Bragg, RapidPlay is a high-performance studio founded by seasoned […]
Business
April 10, 2025
Regulators Greenlight Flutter’s Takeover of Snaitech
Flutter Entertainment, a company describing itself as the world’s leading online sports betting and iGaming operator, announced that its acquisition of Snaitech (Snai), one of Italy’s leading omni-channel operators, has secured the necessary regulatory approvals to proceed. The Takeover Can Move Forward Flutter elaborated that its takeover of Snai has received all necessary antitrust, gaming […]
Business
April 10, 2025
Bally’s Chair Weighs in on His Company’s Takeover of The Star Entertainment
The Star Entertainment Group, an Australian casino and hospitality operator, just entered into a binding term sheet with American casino operator Bally’s Corporation. Under the agreement, which is still subject to regulatory approval, Bally’s will take majority control and refinance The Star’s debt, solving its short-term financial problems. In an interview with Inside Asian Gaming, […]
Business
April 10, 2025
Fertitta Doubles Down on Wynn Stake Amid New Trump Tariffs
In a move that now looks timed to perfection, billionaire Tilman Fertitta has quietly doubled down on his investment in Wynn Resorts (NASDAQ: WYNN), strengthening his position as the largest individual shareholder of the company. Ferttita Now Owns 13% of Wynn Resorts According to recent filings with the Securities and Exchange Commission (SEC), Fertitta, who […]
Business
April 10, 2025
Room Tax Revenue Expected to Decrease in Las Vegas
Amid the recently imposed tariffs by the United States that have the potential to spill into a global trade war, tourism across the country may be impacted. In particular, the recent tariffs imposed on Canada and Mexico, are raising concerns for the tourism industry in Las Vegas. Tariffs May Impact US GDP and Tourism The […]
Business
April 9, 2025
Sphere Entertainment Could Move to Nevada as More Businesses Flee Delaware
Sphere Entertainment Co., the business behind the dazzling Las Vegas Sphere entertainment venue, is considering reincorporating from Delaware to Nevada. This move should help cut costs, bolster operational efficiencies, and avoid Delaware’s increasingly hostile litigation environment. Sphere Entertainment is not the first company to respond to this shifting corporate climate as more businesses seek favorable […]
Business
April 9, 2025
Coolbet Becomes National Partner of the PGA of Canada Despite Its Exit from the Country
A recent partnership between sports betting operator Coolbet and the PGA of Canada raised eyebrows among gaming industry stakeholders. While gaming sponsorships are nothing new, Coolbet exited Ontario a while ago and is no longer available in the country. Coolbet to Sponsor PGA of Canada, RBC PGA Scramble In a rather unexpected development, the PGA […]
Business
April 9, 2025
Macquarie Experts Warn of Macau Casino Market Shifts
Late in March, law enforcement in Macau raided a total of eight jewelry shops over suspicion of illegal currency exchange activities. The authorities suspected nearly a dozen people of moving massive sums of $74 million with the help of the jewelry shops that served as a front. Overall, several dozen people, suspected of being involved […]
Business
April 8, 2025
Former AGA SVP Sara Slane Joins Kalshi
Sara Slane, a former American Gaming Association (AGA) member announced that she will be joining Kalshi, a fast-growing platform that offers contracts on the outcomes of sports. Slane, who once played a key role in the overturning of the PASPA, will serve the prediction market as its new head of corporate development. Slane Is Excited […]
Business
April 8, 2025
Aristocrat Leisure Solidifies Leadership Position amid Sector Volatility
Despite a challenging consumer landscape and recent share price uncertainty, Aristocrat Leisure has cemented its role as a powerhouse in the global gaming market. Analysts point to continued dominance in gaming machine rentals and a robust pipeline of high-quality content, noting that the company remains perfectly positioned to capitalize on shifting industry trends. Aristocrat Remains […]
