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Business News and Headlines
Business
March 11, 2025
Alberta Bans US Slot and VLT Purchases Amid Trade Tensions
Last week, the government of Alberta, Canada, took a major step in response to the escalating trade tensions with the U.S. by banning the purchase of slot machines and video lottery terminals (VLTs) from American suppliers. This move, which could potentially cost major Las Vegas-based gaming manufacturers millions, was announced by the Alberta Gaming Liquor […]

Business
March 10, 2025
French Traditionalists Scrutinize FDJ UNITED’s New Identity
Coming just a few months after its acquisition of European gaming powerhouse Kindred, French lottery and betting giant FDJ embraced a new brand identity, renaming its business to FDJ UNITED. Although this change was meant to reflect the company’s foray into the world of European gaming, it was profoundly scrutinized by French traditionalists. Critics Do […]

Business
March 10, 2025
Stakelogic Suffers Cybersecurity Breach
Leading online casino game developer Stakelogic recently faced a cyberattack after CEO Stephan van den Oetelaar’s email account was compromised. While the company confirmed that no sensitive or confidential information was exposed, the breach continues the trend of high-profile cybercrime operations targeting the gambling sector. The attack comes at a pivotal time for Stakelogic ahead […]

Business
March 10, 2025
BetMGM Unveils £500K Giveaway as Cheltenham Festival Looms
As the highly-anticipated Cheltenham Festival looms, BetMGM has unveiled a very special promotion. According to its announcement, the operator will host a raffle where it will award some £500,000 to its luckiest customers. Bet £2 for a Shot at £250K According to BetMGM UK, two of its customers will scoop up prizes of £250,000 each […]

Business
March 10, 2025
Bally’s Steps in with AU$250M Offer to Help Star Entertainment
Shortly after announcing an agreement to sell half of the shares of its recently opened Brisbane casino at Queens’ Wharf, Australia’s troubled casino and entertainment operator, Star Entertainment, announced it has received a cash injection proposal from Bally’s Corporation. Bally’s Corporation Proposes an Alternative Path That May Benefit The Star Late last month, the former […]

Business
March 10, 2025
MGM Resorts Executive to Retire After Three-Decade Career
A longtime executive at MGM Resorts International is set to retire next month after more than three decades with the company. Ann Hoff, who serves as president and chief operating officer of Bellagio and Park MGM, will step down from her role on April 25, according to internal communications from the company. MGM Resorts Honors […]

Business
March 7, 2025
Lottery.com Acquires PlusEVO’s Spektrum Tech Platform for $1.5M
Lottery.com, a provider of technology to the digital lottery and sports betting industries, has unveiled a major acquisition agreement that will support its launch and global expansion. According to the announcement, Lottery.com will acquire the Spektrum Ltd division of PlusEVO in an all-stock deal. Lottery.com Acquires Spektrum in an All-Stock Deal In its official release, […]

Business
March 7, 2025
Hard Rock Casino Tampa Names Industry Veteran Lu Tsai VP of Asian Player Development
Seminole Hard Rock Hotel & Casino Tampa has reiterated its commitment to fostering a diverse community of players with the appointment of a new vice president of Asian player development. The one up to the task is the experienced Lu Tsai who boasts an impressive career in gaming. Seminole Enhances Leadership with New Appointment According […]

Business
March 7, 2025
Full House’s FY 2024 Report Shows the Company Is Bullish on Colorado
Full House Resorts, an American casino developer, has published its Q4 and FY 2024 results, highlighting a favorable financial position. The company’s leadership said it was pleased with the performance of both its permanent and temporary casinos. The Company Reported Favorable Metrics In the fourth quarter of the year, the company’s consolidated revenues increased 21.5% […]

Business
March 7, 2025
LV Sands CEO Goldstein to Step Down, Dumont Expected to Succeed
NYSE-listed Las Vegas Sands has announced that chairman and chief executive officer Robert Goldstein will transition to the role of senior advisor beginning March 1, 2026. The leader in developing and operating integrated resorts with pioneering properties also revealed that its board of directors plans on nominating current president and chief operating officer Patrick Dumont […]
