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Business
February 4, 2025
US Tariffs on Canada May Harm Tourism, Lead To Job Losses
After returning to the White House as the new President of the United States late last month, Donald Trump has been busy with work. Signing pardons and proposing the implementation of tariffs were only a small portion of the new President’s busy schedule. Trump proposed the implementation of tariffs on Canada, Mexico, as well as […]
Lottery
February 3, 2025
Lottery Couriers Grow Exponentially in Texas
Lottery courier operators across the United States enable customers to buy tickets for official state lottery games and participate in national draw games like Powerball and Mega Millions. Offering convenience, lottery courier apps allow customers to securely purchase a ticket and participate in a range of different games. While in some states such apps operate […]
Industry
January 31, 2025
Alberta Drops Gambling Support Group Funding as Expanded Online Wagering Draws Near
In a highly contentious decision, the Alberta government has terminated its funding agreement with the non-profit organization Problem Gambling Resources Network (PGRN), which has provided education and resources for gambling addiction since 1993. Various stakeholders argue that ending this three-decade partnership will ultimately harm public health, particularly as the province eyes an expanded online gambling […]
Business
January 31, 2025
Nevada Casinos Report Solid Results for December and 2024
The last 12 months marked another strong period for casinos in Nevada, newly released financial data reveals. On Thursday, the state’s gambling regulator, the Nevada Gaming Control Board, released financial details regarding the performance of casinos across the state in December and the full year 2024. Year-over-Year Gaming in December Records an Uptick Focusing on […]
Industry
January 31, 2025
Grand Traverse Band to Distribute $814K Among Michigan Bodies
The Grand Traverse Band of Ottawa & Chippewa Indians, one of Michigan’s largest tribal operators, unveiled its second allocation for 2024. Under its agreement with the state, the tribe distributes money to governmental organizations two times a year. According to the announcement, the Grand Traverse Band of Ottawa & Chippewa Indians agreed to distribute $814,480.71 […]
Business
January 31, 2025
Analyst Suggests VICI May Target Caesars Forum Acquisition
The owner and acquirer of real estate assets across leading gaming, hospitality, entertainment and leisure destinations, VICI Properties, may consider acquiring Caesars Forum on the Las Vegas Strip, an analyst suggests. VICI Aims at Annual Yield of 8-10% on Its Properties, Boosted by Potential Deals That’s the take of Carlo Santarelli, a Deutsche Bank analyst, […]
Business
January 30, 2025
Evolution Ends 2024 on a Strong Note Despite Rising Headwinds
Global online casino games and live dealer services leader Evolution recently announced its Q4 financial results for 2024, which saw positive revenue and earnings growth despite ongoing operational challenges. The company outlined strategic expansion initiatives and new products for 2025, while margin forecasts remain conservative due to regulatory challenges and persistent cyber-security threats across key […]
Business
January 29, 2025
Bragg Publishes Preliminary 2024 Report, Posts Optimistic 2025 Guidance
Bragg Gaming Group, a global B2B iGaming content and tech provider, has published its preliminary unaudited results for 2024, highlighting anticipated revenue and EBITDA growth. The company added that it expects its financial to continue increasing in 2025. Bragg Is Looking Forward to Good Financials According to the report, Bragg anticipates FY 2024 revenue of […]
Business
January 29, 2025
NorthStar Gaming Secures $30M Credit Facility
NorthStar Gaming announced that it has secured significant investment, as well as additional credit support. According to the company’s leadership, this is NorthStar’s largest financing to date. The Biggest Investment in NorthStar’s History NorthStar Gaming said that it has entered into a credit agreement to secure a CAD 43.4 million ($30 million) senior secured first […]
Industry
January 28, 2025
US Military Members Misuse $500K in Government Funds for Gambling
A recent investigation by the Department of Defense Inspector General revealed that hundreds of US military personnel abused government travel charge cards in 2023. Service members spent more than $500,000 on unauthorized gambling, alcohol, nightclubs, and mobile games. Such incidents raise serious questions about the effectiveness of monitoring and oversight systems and the impact of […]
