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Business
January 26, 2022
Bally’s Receives Takeover Offer 30% Greater than Its Valuation
Standard General must know something others don’t. The New York hedge fund has offered to purchase the shares it doesn’t already own of Bally’s Corp. at a $2.07-billion valuation. Standard General is managed by Soohyung Kim, Bally’s chairman. Bally’s Mulls Buyout Bid Standard General is the largest shareholder of Bally’s, holding 20% of the company. […]
Casino
January 25, 2022
Wynn Announces Plans for Multibillion-Dollar Resort in UAE
The international developer and operator of luxury resorts, Wynn Resorts, announced its plans for a new multibillion-dollar integrated resort (IR) on the man-made Al Marjan Island in Ras Al Khaimah, United Arab Emirates (UAE). Wynn Announces Plans for a New Multibillion-Dollar IR The new resort is going to be developed by Wynn in collaboration with […]
Business
January 25, 2022
GPN Adds Prizeout Withdrawals to Enhance Customer Experience
Advance deposit wagering operator Game Play Network (GPN) announced an agreement with digital cash-out marketplace Prizeout to integrate the withdrawal platform of its new partner into its B2C online operation and mobile app, b spot. Connect Brands with Consumers The agreement between Los Angeles-based iGaming firm GPN and the first-in-class ad-tech company Prizeout will offer […]
Industry
January 25, 2022
IMF Projects Steady Recovery for Macau as Region Diversifies Economy
Business is a greasy pole – you go up, you go down. Macau has been struggling in the past two years has been all but deprived of its main revenue sources, casino gaming and tourism. This has not stopped the special administrative region (SAR) from continuing panning. It has overhauled its licensing procedure for casinos […]
Casino
January 25, 2022
Ontario to End Full Lockdown, Reopen Casinos on January 31
Ontario will soon end another nightmarish lockdown that saw casinos shutter their operations again and continue to suffer from the ongoing COVID-19 pandemic. Just like before, the measures will be lifted gradually. The provincial government did not decide to close down businesses lightly earlier this month, but the good news is that the 28 OLG […]
Industry
January 25, 2022
Small Illinois Village Has Big Ideas for Gambling Machines
A small village in Illinois has big ideas about how it should tax the video gambling terminals (VGT) within its borders. Sugar Grove may raise the annual fee paid by the shops where the machines are located. The Sugar Grove Village Board has already discussed the possibility of imposing an annual fee of $250 per […]
Industry
January 25, 2022
Victoria, Australia Reconsiders Plan That Would Force Gambling to Bet Less
The government of Victoria, Australia, thought it was given a perfect solution to reduce problem gambling. Instead of putting the onus on casinos, which proved inept at managing the concept, it would place it on gamblers. While the idea initially gained a lot of support, it will now be scrapped, at least temporarily, according to […]
Industry
January 25, 2022
Macau Legislators Approve New Gambling Laws During First Reading
Macau is one step closer to updating its gambling laws. The Legislative Assembly met yesterday, overwhelmingly adopting a draft gaming legislation amendment bill. A legislative committee review and a second hearing are needed before the bill can become law. A New Macau to Emerge in 2022 The bill draft sets a limit of six gaming […]
Casino
January 24, 2022
Zitro Launches 88 Link in Boiro Via KirolBet Deal
The Luxemburg-based slot games provider Zitro has scored an agreement with the Spanish gambling operator KirolBet. The deal will see Zitro’s offerings launched in a new casino location. Zitro and KirolBet Launch 88 Link in Galicia As per the deal, KirolBet will launch Zitro’s 88 Link game in its gambling venue in Boiro, Spain. Thanks […]
Sports
January 24, 2022
Yggdrasil and Jade Rabbit Rolled Out New Hit Slot ‘Steam Spin’
Innovative iGaming provider Yggdrasil has partnered with Malta-based iGaming casino software supplier Jade Rabbit Studio and created a new hit slot game called Steam Spin. As the name hints, the game has the thrilling railroad adventure as a theme, promising huge wins to interested players. Steam Spin Games Symbols & Features The 3×3 block game […]
