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Business
January 30, 2025
Penn Entertainment to Consider HG Vora’s Board Nominations
The provider of integrated entertainment, sports content, and casino gaming experiences across five segments, Penn Entertainment (PENN), has found itself involved in a proxy fight with its shareholder, HG Vora Capital Management. The latter is currently trying to push the appointment of three new members to the company’s board. The announcement has led to a […]
Business
January 29, 2025
Bragg Publishes Preliminary 2024 Report, Posts Optimistic 2025 Guidance
Bragg Gaming Group, a global B2B iGaming content and tech provider, has published its preliminary unaudited results for 2024, highlighting anticipated revenue and EBITDA growth. The company added that it expects its financial to continue increasing in 2025. Bragg Is Looking Forward to Good Financials According to the report, Bragg anticipates FY 2024 revenue of […]
Business
January 29, 2025
Playtech Parts Ways with Chair Mattingley, Introduces Changes to Board
Gambling software powerhouse Playtech announced board changes, including the resignation of its chair and changes to the structure of its committees. Mattingley to Exit After Four Years with the Company On January 29, Playtech confirmed that Brian Mattingley has decided to step down as chair and depart from the board. He agreed to remain on […]
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 […]
