Business
October 13, 2025
High Interest Rates Put Casino M&A Activity on Hold
Mergers and acquisitions in the casino industry seem to have slowed down, as steep borrowing costs continue to discourage big deals. Talks at the recent Global Gaming Expo (G2E) in Las Vegas suggest that the usual excitement around deal-making has died down this year. Caution Dominates G2E as Casino M&A Waits for Interest Rate Relief […]
Lottery
October 10, 2025
Massachusetts Man Wins $1M from the Lottery
A Massachusetts man has won a life-changing $1 million prize from the Massachusetts Lottery. While this wasn’t the game’s top prize, it will still significantly beef the man’s retirement funds. Shadfar Will Invest in His Retirement The lucky winner was identified as Jamshid Shadfar, of Worcester. According to reports, the man was playing the […]
Legal
October 10, 2025
Evolution Prevails in US Securities Case After Court Dismisses Investor Lawsuit
Evolution AB has won a significant legal battle in the US after a federal judge dismissed a long-running securities fraud lawsuit against the Swedish gaming giant. The ruling, issued on September 5, 2023, by the US District Court for the Eastern District of Pennsylvania, marks the definitive end of months of legal battles. Evolution Proved […]
Business
October 10, 2025
Splash Sports’ Latest Funding Round Nets the Company $14.5M
Splash Sports, a leader in skill-based social sports gaming, announced that it has completed a Series B funding round, securing millions of dollars to expand its business across North America. The Funding Round Will Allow Splash to Scale Its US Business According to Splash Sports’ announcement, the DFS company has raised $14.5 million in a […]
Industry
October 10, 2025
Bally’s Says Chicago Could Lose $74M and 1,050 Jobs if Video Gambling Ban Is Revoked
Bally’s Corporation has expressed concern about the possibility of ending Chicago’s ban on video gambling, warning that it could lead to job cuts and loss of state revenue. Chicago Mulls Over Ending the Video Gambling Terminals Ban Chicago has for years prohibited the video gambling terminals players usually associate with bars and suburban restaurants. Last […]
Industry
October 10, 2025
New York Casino Board Starts Final Assessment of Four Downstate Proposals
The competition for New York‘s three downstate casino permits has reached its critical phase, as the state’s Gaming Facility Location Board conducted its first formal meeting this week to consider the final applications. The five-person group will assess four major bids competing for what many expect to become some of the most lucrative casino licenses […]
Casino
October 10, 2025
Keeping a Promise: Springfield Wants Back $3M in Casino Funds
As reported by WWLP-TV, Springfield City Councilor Sean Curran is urging Governor Maura Healey to reinstate $3 million in casino mitigation funds that were cut from the state budget. The money, which comes from a $20 million pool meant for western Massachusetts communities, has long helped Springfield manage the costs of hosting Metro Center-based MGM […]
Casino
October 9, 2025
New York Nears Pivotal Moment in Downstate Casino Race
New York’s high-stakes casino competition is entering its final stage as the state’s Gaming Facility Location Board (GFLB) is almost ready to select up to three winners from four remaining contenders. The outcome, which is due to be revealed in December, will determine the future of downstate gaming, creating new job opportunities and attracting billions […]
Industry
October 9, 2025
PGCB Executive Director Warns About the Impact of Predictions Markets
In a letter addressed to Pennsylvania’s congressional delegation on Wednesday, Kevin F. O’Toole, executive director of the Pennsylvania Gaming Control Board (PGCB), expressed concern over the increasing prevalence of sports prediction markets, warning that they pose a “significant threat” to the state’s established gaming regulatory framework. PGCB Executive Director Says Predictions Markets Create Back Doors […]
Industry
October 9, 2025
Ainsworth CEO Faces Uncertain Future After US Regulator Flags Licensing Concerns
Ainsworth Game Technology (AGT) could face a significant setback following revelations that its chief executive, Harald Neumann, is facing substantial licensing hurdles in the United States. The Nevada Gaming Control Board (NGCB) has urged Newmann to withdraw his gaming license application amid lingering doubts surrounding his alleged connection to a European corruption investigation. Nevada Regulators […]
