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Gambling News - 'Business'
Business
June 5, 2025
VICI Properties Outlines Dividend and AFFO Growth as Core Priorities
VICI Properties, a casino real estate giant, is considering increasing its dividend and continuing its AFFO growth amid favorable prospects in Las Vegas. The company believes that the next few decades will present plenty of opportunities for further growth. VICI Remains Bullish on Vegas Speaking at the recent Nareit REITweek conference in New York, VICI […]
Lottery
June 4, 2025
Aristocrat Interactive’s NeoGames to Supply iLottery Solutions to Michigan Lottery
Online gaming provider Aristocrat Interactive, via its NeoGames subsidiary, has signed a six-year contract with the Michigan Lottery. Under this agreement, the supplier will arm the lottery with its full iLottery product suite. An Evolution of NeoGames’ Relationship with the Lottery The partnership, effective from July 2026, will see Aristocrat Interactive power the Michigan Lottery […]
Business
June 4, 2025
Veikkaus Adds Jyri Lassi Ahead of Finnish Market Liberalization
Veikkaus, Finland’s gambling monopoly, has enhanced its team with the addition of Jyri Lassi as general counsel. The appointee, who boasts executive experience at the intersection of law, technology, and strategy, will support the company’s business as Finland shifts from a gambling monopoly to a license-based framework. Veikkaus Enhances Team as Market Liberalization Looms Lassi, […]
Business
June 4, 2025
BetMakers Signs Binding Terms to Acquire LVDC for $800K in Cash
BetMakers, a specialist in technology, data and service solutions that simplify betting at critical points along the wagering lifecycle, unveiled its acquisition of LVDC, a Nevada-based service provider. The deal is expected to generate millions in revenue for the buyer. BetMakers to Acquire LVDC In its latest investor presentation, BetMakers announced that it has signed […]
Business
June 4, 2025
MIXI Revises Its PointsBet Takeover Proposal
The Australian arm of the Japanese consumer tech giant MIXI has revised its proposal for the acquisition of PointsBet, offering a more attractive price. This offer comes as PointsBet considers a separate takeover proposal by Betr Australia. MIXI Australia Seeks to Acquire PointsBet In February 2025, MIXI Australia submitted a proposal to acquire PointsBet for […]
Business
June 3, 2025
Lottomatica Joins STOXX Europe 600 After Year of Rapid Growth
Lottomatica Group S.p.A., one of Italy’s leading gaming and betting companies, has officially joined the STOXX Europe 600 Index, effective with the opening of markets on June 23. This development marks the culmination of an incredible transformation for the company, which has seen its stock more than double over the past year. Lottomatica’s Shares Have […]
Industry
June 3, 2025
Nevada’s Film Tax Credit Bill Dies in Senate
Nevada’s Assembly Bill 238 has died in the Senate, putting an end to an initiative that would have provided almost $2 billion in public subsidies to build a new movie studio. Despite making strides in the Assembly, the bill failed to pass the Senate and become law. Proponents Promised Economic Growth AB 238 sought to […]
Business
June 3, 2025
Betsson Forfeits $30M Holland Gaming Acquisitions to Pursue Other Opportunities
Online casino and sports betting giant Betsson announced that it has given up on its Dutch ambitions for now due to delayed regulatory approvals. After over a year in limbo, the deal to acquire Holland Gaming Technology and Holland Power Gaming seems to have fallen through. History Repeating for Betsson On February 19, 2024, Betsson […]
Business
June 3, 2025
Fennica Gaming Grabs UAE License as Local Market Takes Shape
Yet another B2B company has secured a license to offer its products in the United Arab Emirates (UAE). Despite its traditional opposition to games of chance, the country has made rapid strides toward growing its budding gaming market. GCGRA Awards License to Fennica Gaming In its official release, Fennica Gaming confirmed that it has been […]
Business
May 29, 2025
Resorts World Announces Collaboration with Robotaxi Company Zoox
Resorts World Las Vegas and robotaxi company Zoox have announced a collaboration that will see both sides shape the future of hospitality and travel in the city. Zoox to Provide Its Autonomous Taxi Services to Resorts World After making history as the first company to deploy a purpose-built robotaxi on public roads in Las Vegas, Zoox […]