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Industry
September 16, 2024
JMP Is Optimistic about Flutter’s Stake in Betnacional
JMP Securities analysts are optimistic about Flutter’s recent acquisition of a 56% stake in NSX Group, arguing that it would allow the latter company to drive strong synergies in Brazil. Flutter’s Brazil Bid Is In Line with the Company’s Strategy According to a NEXT.io report, JMP Securities believes that Brazil’s large population and ongoing sports […]
Business
September 16, 2024
BetMGM Becomes USA TODAY’s Preferred Online Sportsbook and Casino Partner
Online gaming and betting powerhouse BetMGM just unveiled a new multi-year partnership with Gannett, a diversified media company with expansive reach. BetMGM Will Supply the Network with Odds and Betting Info Under the agreement, BetMGM will become the preferred online sportsbook and casino partner for USA TODAY Sports. As a result, BetMGM will supply the […]
Business
September 16, 2024
Flutter to Acquire Playtech’s Consumer Arm in Major Expansion Move
Flutter Entertainment, the parent company of brands like Paddy Power and Betfair, is reportedly nearing the conclusion of a milestone £2 billion acquisition of the consumer operations arm of Playtech, one of the leading gambling technology providers. The acquisition signals Flutter’s ongoing commitment to expanding its global influence and portfolio. Playtech Will Focus on Its […]
Business
September 13, 2024
Flutter to Form Flutter Brazil via Acquisition of 56% Stake in NSX
Sportsbook and iGaming juggernaut Flutter Entertainment has unveiled a major investment in Brazil that would grow its local footprint. The deal reflects the company’s overall expansion strategy and orientation toward global markets. Flutter to Acquire a 56% in NSX in Q2 2025 According to Flutter’s official announcement, it has paid some $350 million to acquire […]
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 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 […]
Industry
September 12, 2024
Republican Involvement Reinvigorates Fight for Smoke-Free New Jersey Casinos
The efforts to end smoking inside New Jersey’s casinos have been reinvigorated by several Republicans’ decision to back the movement. This significant development could possibly revive a smoking ban bill that failed to pass in 2023. Industry Giants Are Reluctant to Ban Smoking Casino workers in New Jersey have been fighting to end indoor smoking […]
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) […]
Industry
September 11, 2024
Norway’s Gambling Monopoly May Be Nearing Its End
Norway’s Conservative Party – Høyre – has called for the end of the Nordic nation’s long-standing gambling monopoly in its latest party manifesto. If successful, this effort could see a fully liberalized market as early as 2028. Norway remains the only Scandinavian country with a state-controlled gambling monopoly after its neighbors introduced milestone reforms to […]
