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Industry
February 5, 2025
H2 Gambling Capital Predicts Huge Rise in Brazilian iGaming
H2 Gambling Capital’s latest study reveals significant growth in Brazil’s online betting and iGaming market, with active accounts expected to reach 36 million by 2026. H2 Gambling Capital Announces Details on Brazil Study Global specialist gambling sector market data provider H2 Gambling Capital has provided some new data for the upcoming trends in the iGaming […]
Business
February 5, 2025
Blackstone Could Wait for Star to Be Placed Under Administration
Blackstone, a major alternative asset manager with over $1 trillion in assets under management, is reportedly eyeing ASX-listed group that owns and operates The Star Sydney, The Star Gold Coast, and Treasury Brisbane, Star Entertainment. Different Approach Instead of making a regular move, the NYSE-listed company that serves institutional and individual investors and has deep […]
Business
February 4, 2025
BetMGM Posts 2024 Report, Expects to Meet 2025 EBITDA Goals
Betting and gaming juggernaut BetMGM has published its FY 2024 financials, delivering revenue growth and optimistic EBITDA forecasts. While the brand is still EBITDA negative, it is convinced that 2025 may be a turning point. BetMGM Hopes to Turn EBITDA-Positive Soon BetMGM, which is jointly owned by MGM Resorts International and Entain, reported net revenue […]
Business
February 4, 2025
US Tariffs on Canada May Harm Tourism, Lead To Job Losses
After returning to the White House as the new President of the United States late last month, Donald Trump has been busy with work. Signing pardons and proposing the implementation of tariffs were only a small portion of the new President’s busy schedule. Trump proposed the implementation of tariffs on Canada, Mexico, as well as […]
Lottery
February 3, 2025
Lottery Couriers Grow Exponentially in Texas
Lottery courier operators across the United States enable customers to buy tickets for official state lottery games and participate in national draw games like Powerball and Mega Millions. Offering convenience, lottery courier apps allow customers to securely purchase a ticket and participate in a range of different games. While in some states such apps operate […]
Industry
January 31, 2025
Alberta Drops Gambling Support Group Funding as Expanded Online Wagering Draws Near
In a highly contentious decision, the Alberta government has terminated its funding agreement with the non-profit organization Problem Gambling Resources Network (PGRN), which has provided education and resources for gambling addiction since 1993. Various stakeholders argue that ending this three-decade partnership will ultimately harm public health, particularly as the province eyes an expanded online gambling […]
Business
January 31, 2025
Nevada Casinos Report Solid Results for December and 2024
The last 12 months marked another strong period for casinos in Nevada, newly released financial data reveals. On Thursday, the state’s gambling regulator, the Nevada Gaming Control Board, released financial details regarding the performance of casinos across the state in December and the full year 2024. Year-over-Year Gaming in December Records an Uptick Focusing on […]
Industry
January 31, 2025
Grand Traverse Band to Distribute $814K Among Michigan Bodies
The Grand Traverse Band of Ottawa & Chippewa Indians, one of Michigan’s largest tribal operators, unveiled its second allocation for 2024. Under its agreement with the state, the tribe distributes money to governmental organizations two times a year. According to the announcement, the Grand Traverse Band of Ottawa & Chippewa Indians agreed to distribute $814,480.71 […]
Business
January 31, 2025
Analyst Suggests VICI May Target Caesars Forum Acquisition
The owner and acquirer of real estate assets across leading gaming, hospitality, entertainment and leisure destinations, VICI Properties, may consider acquiring Caesars Forum on the Las Vegas Strip, an analyst suggests. VICI Aims at Annual Yield of 8-10% on Its Properties, Boosted by Potential Deals That’s the take of Carlo Santarelli, a Deutsche Bank analyst, […]
Business
January 30, 2025
Evolution Ends 2024 on a Strong Note Despite Rising Headwinds
Global online casino games and live dealer services leader Evolution recently announced its Q4 financial results for 2024, which saw positive revenue and earnings growth despite ongoing operational challenges. The company outlined strategic expansion initiatives and new products for 2025, while margin forecasts remain conservative due to regulatory challenges and persistent cyber-security threats across key […]
