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Business
April 10, 2025
Bally’s Chair Weighs in on His Company’s Takeover of The Star Entertainment
The Star Entertainment Group, an Australian casino and hospitality operator, just entered into a binding term sheet with American casino operator Bally’s Corporation. Under the agreement, which is still subject to regulatory approval, Bally’s will take majority control and refinance The Star’s debt, solving its short-term financial problems. In an interview with Inside Asian Gaming, […]
Industry
April 10, 2025
Philippines Posts 2024 Industry Report, Highlights Record GGR
The Philippine Amusement and Gaming Corporation (PAGCOR) published information about the local gaming industry’s performance in 2024, outlining record-breaking gross gaming revenue for the period. Philippine Gaming Is Still Growing In its official release, the PAGCOR said that the Philippine gaming industry’s GGR for 2024 stood at PHP 372.33 billion ($6.5 million), marking a staggering […]
Business
April 8, 2025
Former AGA SVP Sara Slane Joins Kalshi
Sara Slane, a former American Gaming Association (AGA) member announced that she will be joining Kalshi, a fast-growing platform that offers contracts on the outcomes of sports. Slane, who once played a key role in the overturning of the PASPA, will serve the prediction market as its new head of corporate development. Slane Is Excited […]
Business
April 8, 2025
Aristocrat Leisure Solidifies Leadership Position amid Sector Volatility
Despite a challenging consumer landscape and recent share price uncertainty, Aristocrat Leisure has cemented its role as a powerhouse in the global gaming market. Analysts point to continued dominance in gaming machine rentals and a robust pipeline of high-quality content, noting that the company remains perfectly positioned to capitalize on shifting industry trends. Aristocrat Remains […]
Business
April 8, 2025
The Star Enters Binding Term Sheet with Bally’s, Completes Sydney Asset Sale
The Star Entertainment Group, Australia’s embattled casino operator, announced that it has struck a definitive debt financing deal with Bally’s Corporation. In addition to that, the former company confirmed the completion of its sale of The Star Sydney Event Centre. The Deal with Bally’s Progresses In line with its recent announcement, The Star entered into […]
Business
April 8, 2025
EveryMatrix Onboards Marc Burroughes as CasinoEngine CCO
EveryMatrix has announced yet another C-suite appointment, this time naming the experienced Marc Burroughes as the chief commercial officer (CCO) of its Casino division. The group’s CEO welcomed the appointee and highlighted his impressive track record across the B2B sector. The Appointee Will Lead the CasinoEngine Division As CEO of the casino division, driven by […]
Casino
April 8, 2025
The STRAT Las Vegas Adds More Player-Friendly Games
The STRAT Hotel, Casino & Tower, an iconic gaming venue in Las Vegas, has decided to expand its lineup of player-friendly games in an attempt to channel more gamblers toward the property. Visitors can look forward to better payouts across a variety of gaming tables. The STRAT Goes Player-Friendly As reported by the Las Vegas […]
Business
April 7, 2025
Rivalry Seeks Strategic Opportunities, Initiates Review
Rivalry, a gaming company describing itself as “the leading sportsbook and iGaming operator for digital-first players,” has unveiled a new strategic initiative. According to the company, it has onboarded the services of a third-party advisory firm to explore strategic opportunities. In addition to that, Rivalry announced that it has secured a new loan. Rivalry Considers […]
Business
April 7, 2025
Gambling Stocks Slide as Trump Tariffs Rattle Global Markets
International gambling stocks took a tumble on Monday morning as escalating anxiety over the Trump administration’s aggressive tariff policy sent the markets into a tailspin. The economic uncertainty triggered by a new wave of trade measures ripped into multiple industries, with the gaming sector emerging as one of the unintended casualties. Tariffs Exacerbated Existing Issues […]
Business
April 2, 2025
Sportradar Bullish on Annual Revenue of $1.8B for 2027
Sports data and tech firm Sportradar has disclosed its long-term financial targets, saying that it hopes to generate at least $1.84 billion in revenue for 2027. The company also targets continued EBITDA growth, hoping to retain its existing momentum. Sportradar Targets Significant Growth for the Next Three Years On April 1’s investor day, company executives […]
