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Business News and Headlines
                          Business
                        September 13, 2024
          
          
            Evolution Gaming Expands Live Casino Portfolio with Arcadia Gaming Solutions Acquisition
            
              Evolution Gaming announced the strategic acquisition of Arcadia Gaming Solutions, a deal expected to enhance its position as a live casino gaming leader. Arcadia, known for its proprietary technology allowing players to engage with real-time physical arcade machines remotely, will join Evolution’s growing portfolio of innovative gaming solutions. Arcadia Pioneered a Novel and Engaging Product […]            
          
         
                  
      
                          Business
                        September 13, 2024
          
          
            MGM Resorts Expands Environmental Commitments via Renewable Energy Deal
            
              MGM Resorts International is doubling down on sustainability via a new agreement with Escape Solar LLC. According to the announcement, the deal will double the casino and hospitality giant’s access to clean solar electricity. MGM Pens a New Sustainable Energy Deal The agreement is in line with MGM’s ongoing sustainability efforts and was described as […]            
          
         
                  
      
                          Business
                        September 13, 2024
          
          
            Interactive Brokers Prepares to Launch Election Markets
            
              Interactive Brokers, a popular trading platform, announced that it will be launching wagering on the outcome of the US election. Set to take place in November, the election is highly anticipated by US citizens and bettors alike. Interactive Brokers Plans to Offer Exciting Markets Speaking to the Wall Street Journal, Interactive Brokers said that it […]            
          
         
                  
      
                          Business
                        September 13, 2024
          
          
            Wynn Stock Deserves More Credit for UAE and Macau, Suggests Analyst
            
              Amid fears about China’s weak economic outlook, some investors were quick to dismiss Macau and Chinese stocks such as Wynn Macau. The stocks of the company’s parent, Wynn Resorts, have also seen a decrease on a year-to-date basis. Stifel Analyst, Optimistic About Wynn Resorts’ Stocks Still, an expert analyst remained optimistic about Wynn Resorts, especially […]            
          
         
                  
      
                          Business
                        September 12, 2024
          
          
            Delaware North Appoints Industry Powerhouse Jason Gregorec as Gaming Division President
            
              Delaware North, an American multinational gaming and hospitality company, has appointed an experienced industry veteran as its new gaming president. The seasoned professional, in this case, is Jason Gregorec, a former Caesars and Eldorado leader. Gregorec Will Head the Gaming Division Gregorec, who boasts some three decades in the gambling sector, is set to lead […]            
          
         
                  
      
                          Business
                        September 12, 2024
          
          
            The Star Entertainment to Receive $100M from Lenders
            
              The Star Entertainment Group is set to receive more backing from its lenders amid the financial trouble it faces. The Australian casino and hospitality giant has been offered AUD 150 million to deal with the issues and stabilize its business. The Star Entertainment Is Struggling Financially The lenders proposed providing AUD 150 million ($100 million) […]            
          
         
                  
      
                          Business
                        September 12, 2024
          
          
            Fox Reportedly Aims for FanDuel Stake at $2.2bn Below Value
            
              Several years ago, in 2020, the leading gaming and entertainment company, Flutter Entertainment, purchased The Stars Group. This created a connection between the former and Fox Corporation, one of the world’s leading and most valued mass media companies in America. Through this legal connection, Fox secured an option to purchase a stake in FanDuel, Flutter’s […]            
          
         
                  
      
                          Business
                        September 12, 2024
          
          
            Sega Sammy’s Acquisition of GAN Limited Approved by Nevada Regulator
            
              The Nevada Gaming Control Board has given its first nod to Sega Sammy Creation’s buyout of GAN Limited, a big name in North American B2B online gaming.  Sega Sammy’s $107.6 Million GAN Purchase to Go Before Nevada Gaming Commission   The deal, which came to light in December 2023, will now go to the Nevada Gaming […]            
          
         
                  
      
                          Business
                        September 11, 2024
          
          
            DraftKings Eyes Other Solutions to Deal with Taxes after Surcharge Failed
            
              DraftKings recently gave up on its plans for a surcharge fee after it received а strong backlash from its customer base. Fans were not on board with the changes, which caused an immediate blow to the operator’s stock. The company might have given up on the surcharge but it is still looking for ways to […]            
          
         
                  
      
                          Business
                        September 11, 2024
          
          
            Endeavor Putting OpenBet and IMG Arena for Sale
            
              Endeavor, a talent and media holding form, has confirmed that it will be divesting OpenBet and IMG Arena, and is attempting to sell the assets. This process began during the second quarter and the search for a buyer is ongoing. Oakvale Capital, a top iGaming M&A firm, is facilitating the search for potential buyers. As […]            
          
         
                  
      