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Business
March 19, 2025
Bally’s Plans Casino with Ownership Perks for Bronx Locals
Bally’s Corporation, the leading hospitality and gaming company, is one of nearly a dozen gambling operators and coalitions looking into the possibility of securing a casino license in New York. While competition is fierce, only three licenses are up for grabs. Benefits for Bronx Residents Include Pledges to Community Programs, Investment Opportunities In an effort […]
Business
March 18, 2025
Robinhood Unveils Prediction Markets Hub in Time for March Madness
Trading platform Robinhood is seeking to capitalize on the March Madness hype with markets for this year’s edition of the tournament. Customers can expect to find offerings involving their favorite basketball teams and players. The offerings are notably a part of Robinhood’s new prediction markets hub located in the trading platform’s app. The March Madness […]
Business
March 17, 2025
Bet365 Forays into Tennessee and Illinois
Bet365, a leader in sports betting, has expanded its US presence by launching in two new markets. The company’s products are now available to players in the states of Illinois and Tennessee, providing locals with exciting wagering opportunities. Bet365 Enters Tennessee Bet365 announced that it will function as an independent operator in Tennessee. The Volunteer […]
Business
March 14, 2025
Cirsa IPO on Hold as Blackstone Reacts to Market Uncertainties
Late last month, we reported that the private equity firm, Blackstone, may consider introducing initial public offering (IPO) for Cirsa, the leading Spanish gambling company. Going public on Madrid’s stock exchange may raise between $746 million and $1.1 billion for 20% or 25% of its shares. However, while Cirsa was expected to go public at […]
Business
March 14, 2025
LNW Gaming to Shut Down Michigan Facility, Lay Off Workers
Light & Wonder subsidiary LNW Gaming has announced that it will be shutting down a facility in Michigan. This will lead to layoffs, which will affect roughly 100 employees, according to a filing by the company. Layoffs Are Upcoming As outlined in a WARN notice submitted to the Michigan Department of Labor and Economic […]
Business
March 13, 2025
Andy Hendrickson Resigns from CTO Role at Aristocrat
The global entertainment and gaming content company, Aristocrat Leisure Limited, announced changes to its senior-level management team. On Wednesday this week, the company confirmed that its chief technology officer, Andy Hendrickson, has taken the decision to resign from his role. After Four Years with Aristocrat, Hendrickson Stepped Down It was back in July 2021 when […]
Business
March 13, 2025
Nevada Gambling Watchdog’s Analyst Retires After Decades of Service
A recognizable gaming research analyst and expert with decades of experience in Nevada would be stepping down from his role. That’s the case for Michael Lawton, the Nevada Gaming Control Board’s (NGCB) senior economic analyst, a newly released report suggests. Michael Lawton to Step Down from the NGCB The executive has been working with the […]
Business
March 12, 2025
IGT Lottery Secures EL Responsible Gambling Certification for the Sixth Consecutive Time
International Game Technology (IGT), a global leader in the provision of content and technology to lotteries and gaming operators, announced that its Italian subsidiary, IGT Lottery, has once again achieved a major responsible gaming certification. IGT Lottery Secures Certification from EL, WLA According to the announcement, IGT Lottery has obtained RG certification from European Lotteries […]
Business
March 12, 2025
Bally’s Appoints Mira Mircheva As New CFO and EVP
Bally’s Entertainment has announced the appointment of Mira Mircheva as its new chief financial officer, a move that is still subject to regulatory approval. Just in Time for The Queen Casino Integration In addition to her role as CFO, Mircheva will also take on responsibilities as an executive vice president within the company. Mircheva, previously […]
Business
March 12, 2025
Major US Gambling Companies Suffer as Markets Tumble
This week, the stock market crashed, with large gambling businesses losing a lot of money as investors worry about President Donald Trump’s changing trade rules. The wider economic slump caused by concerns about a possible recession, has led to a sell-off that has erased trillions in market value. Gaming Industry Hit Hard Amid US-China Trade […]
