Business
September 24, 2025
Yolo Group Cuts 280 Jobs as Part of Major Strategic Overhaul
Prominent crypto-focused gaming and technology operator Yolo Group has confirmed it will lay off 280 employees in Estonia as part of a sweeping restructuring plan to consolidate its operations, as the company shifts its focus exclusively to regulated markets. Founder Tim Heath was adamant that such a move would create new opportunities and help Yolo […]
Business
September 24, 2025
Merkur Completes Acquisition of Gaming Arts, Cementing US Re-Entry
German game maker Merkur announced that it has completed its acquisition of Gaming Arts, LLC, a Las Vegas-based provider of gambling technology. The transaction was announced earlier this year and subsequently approved by the Nevada Gaming Commission. Merkur Wraps Up Its Takeover of Gaming Arts In its official announcement, Merkur confirmed that its takeover of […]
Business
September 24, 2025
Sports.com Media to Acquire Racing Women in Pursuit of Motorsports Growth
SEGG Media, a global sports, entertainment and gaming group, announced that its subsidiary Sports.com Media Group has set out to acquire Racing Women Limited, an organization empowering female drivers in motorsport. SEGG Media Wants to Expand Its Motorsports Presence According to the announcement, Sports.com Media Group has signed a letter of intent to acquire […]
Industry
September 23, 2025
Former Trump-Owned Atlantic City Casino Hotel Listed on the Market
The long-closed Trump Plaza’s remaining hotel and casino tower in Atlantic City, at 2201 Boardwalk, along with its rear garage across Pacific Avenue, which were built in the early 1980s, is once again up for sale. Trump Plaza in Atlantic City Listed for Sale The closed hotel and parking garage, spanning 10.7 acres, are being […]
Business
September 23, 2025
Yolo Group Embraces Regulated Markets, Consolidates Operations
Prominent crypto gaming operator Yolo Group is poised to shed its grey-market image and transition to a fully regulated gaming operation. Founder Tim Heath unveiled a major strategic realignment in a recent press release, as he delved into the company’s history and its unique position in the crypto gaming space. With increased regulatory scrutiny worldwide, […]
Business
September 23, 2025
PrizePicks Secures CFTC Approval as FCM, Eyes Prediction Markets
North America-facing daily fantasy sports operator PrizePicks has just secured approval to make a foray into the prediction markets space. The significant development comes just after Czech lottery giant Allwyn set out to acquire a majority stake in the company. PrizePicks Could Enter the Prediction Markets Space PrizePicks just secured approval from the Commodity Futures […]
Industry
September 22, 2025
Las Vegas Experiences Job Loss Amidst Lower Visitor Numbers
According to seasonally adjusted data released Thursday by the Nevada Department of Employment, Training and Rehabilitation, the Las Vegas area lost 4,300 jobs between July and August, marking a 0.4% decline. The sharp decrease in employment follows a significant drop in tourism during the summer months. Las Vegas Jobs Dip Amid Slump in Tourism David […]
Business
September 22, 2025
Spreadex Forced to Abandon Sporting Index Merger After CMA Ruling
The Competition and Markets Authority (CMA) has reaffirmed its earlier ruling that Spreadex’s bid to keep control of Sporting Index’s consumer-facing business would harm competition in the sports spread betting sector. This development means that an alternative buyer must acquire Sporting Index, ensuring that Spreadex does not establish a monopoly over the sports spread betting […]
Industry
September 22, 2025
Miami Fund to Sue Standard General over Its Allegedly Unfair Takeover of Bally’s
The Miami Police Pension and Relief Fund is reportedly on the way to sue American hedge fund Standard General over its 2024 bid to acquire casino and hospitality operator Bally’s Corporation. “Hedge Fund Vulture” Kim Made the Transaction Possible As reported by Casino.org, the Miami Police Pension and Relief Fund believes that the acquisition of […]
Business
September 19, 2025
Catena Media Launches Subaffiliation Platform MRKTPLAYS
Casino affiliate Catena Media announced the launch of a new proprietary subaffiliation platform in North America. The new platform is called MRKTPLAYS.com and is designed to help Catena’s affiliate partners expand their footprint in the New World. MRKTPLAYS Is Now Live According to Catena’s official press release, MRKTPLAYS.com’s launch comes in the wake of a […]
