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Business
September 20, 2024
The End of an Era: Freehold Raceway to Close on December 28
Freehold Raceway, the oldest horse racing track in the United States, will be closing its doors, marking the end of an era. While the decision to shut down the track was difficult, officials said that its operation cannot continue under the current conditions. The Closure Will Mark the End of an Era Freehold Raceway is […]
Industry
September 20, 2024
Evoke Apologizes for Tone-Deaf Social Media Comment about Exploding Pagers
Following the pager explosions in Lebanon, Evoke’s Israeli social media account posted a very questionable vacancies advert. The Exploding Pagers and Walkie-Talkies Hurt Thousands of People Several days ago, thousands of handheld pagers and walkie-talkies used by the Lebanese organization Hezbollah exploded. The incident had been set up by Israeli intelligence, which intercepted the shipment […]
Business
September 19, 2024
Ainsworth Forays into Ontario’s Charitable Gaming Market
Ainsworth Game Technology (AGT) announced that it had made a foray into Ontario’s charitable gaming market. The company shared that it has successfully installed its first Cabinet Bingo Games in a gaming hall in Toronto. Over a Dozen Games Have Been Installed According to the announcement, AGT installed 14 Cabinet Bingo Games at Delta Bingo […]
Business
September 18, 2024
FDJ Secures Regulatory Approvals for Kindred Takeover, Sets Closing Date to October 2
La Française des Jeux (FDJ) is proceeding with its acquisition of Kindred Group. Having cleared all regulatory approvals, the former company provided a closing date for the deal. The French operator, however, must still secure additional approvals from Kindred’s investors. FDJ Will Close the Deal on October 2 The French group said that it has […]
Business
September 18, 2024
VGW Reports Stellar Profits Despite Market Setbacks
Laurence Escalante’s gaming powerhouse, Virtual Gaming Worlds (VGW), has maintained its upward trajectory, booking a net profit of $492 million for the year up to 30 June. This figure represents a 30% climb from last year as the operator realized a record revenue of $6.1 billion. Despite regulatory challenges in its US market, the business […]
Business
September 18, 2024
EveryMatrix Proposes to Acquire Fantasma Games in $21M Share Buyout
EveryMatrix, a provider of iGaming software, solutions, content and services, just announced a recommended public offer to acquire Fantasma Games by buying out its shares. By acquiring the latter firm, EveryMatrix hopes to dramatically increase its games output. Half of Fantasma Games’ Shareholders Are Already on Board The acceptance period for the offer is expected […]
Business
September 17, 2024
Bally’s Acquisition Steams Ahead, Avoiding FTC Scrutiny
Bally’s Corporation, a leading player in US gaming and entertainment, recently announced it has signed a definitive merger agreement with its largest shareholder, Standard General L.P. The deal, valued at $18.25 per share, appears poised to move forward without facing federal antitrust scrutiny, as the regulatory waiting period has expired without objections from the Federal […]
Business
September 17, 2024
Enteractive Onboards Former Evolution Account Manager as Head of Sales
Enteractive, a leading company that supplies the iGaming industry with player reactivation and retention, has made a new addition to its leadership team. The company announced that it had appointed the experienced Tim Vindehall as its new head of sales and vowed to leverage his experience to continue its growth trajectory. Enteractive Welcomes a Former […]
Business
September 17, 2024
Interblock Boosts Business with Majority Stake in Zuum
Interblock, a worldwide leading developer and supplier of Luxury Electronic Table Gaming (ETG) products, has acquired a majority stake in Zuum, a competitor company. This agreement was celebrated as a move that would enhance the former company’s portfolio significantly, allowing it to power its clients with many new solutions. The Two Businesses Complement Each Other […]
Industry
September 17, 2024
Weak Sports Betting Offsets New Jersey’s Strong Casino & iGaming Results in August
The New Jersey Division of Gaming Enforcement published its latest gaming revenue report, outlining the performance of the state’s gambling industry in August. The New Jersey industry’s metrics continued to grow as most verticals posted strong results. Sports betting, on the contrary, experienced a sharp decline. The Overall Revenue Increased Slightly The local casinos, racetracks […]
