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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 […]
Business
April 8, 2025
The Star Enters Binding Term Sheet with Bally’s, Completes Sydney Asset Sale
The Star Entertainment Group, Australia’s embattled casino operator, announced that it has struck a definitive debt financing deal with Bally’s Corporation. In addition to that, the former company confirmed the completion of its sale of The Star Sydney Event Centre. The Deal with Bally’s Progresses In line with its recent announcement, The Star entered into […]
Business
April 8, 2025
EveryMatrix Onboards Marc Burroughes as CasinoEngine CCO
EveryMatrix has announced yet another C-suite appointment, this time naming the experienced Marc Burroughes as the chief commercial officer (CCO) of its Casino division. The group’s CEO welcomed the appointee and highlighted his impressive track record across the B2B sector. The Appointee Will Lead the CasinoEngine Division As CEO of the casino division, driven by […]
Business
April 8, 2025
Gambling.com: EverQuote CEO Mendal to Replace Michaelson
Multi-award-winning supplier of digital marketing services for the global online gambling industry, Gambling.com Group Ltd, has announced an important change at the top, with Gregg Michaelson set to step down this spring. Smooth Leadership Transition The NASDAQ-listed company announced that the longtime board member will officially resign from the board of directors on May 14, […]
Business
April 8, 2025
AC Casino Operators Report Dip In Revenue but Post Profits
The New Jersey Division of Gambling Enforcement (DGE), the state’s gambling regulator, released its latest financial data, highlighting the performance of casino operators for the fourth quarter and full year 2024. While licensees reported a dip in their net revenue for the year and a decrease in hotel occupancy, all operators were profitable. Net Revenue […]
