Gambling Business

Casino and iGaming business news covering mergers and acquisitions, market entries and exits, operator strategy, partnerships, executive appointments, and major commercial developments across the gambling industry.

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Gambling Business

Brazil Judge Rejects Suspension of Betnacional Sportsbook

May 26, 2025 Erik Gibbs

The legal action was brought by two advocacy groups: Francisco de Assis Education and Citizenship of Afro-descendants and the Needy and the…

Gambling Business

Codere Online Appeals Nasdaq Delisting Decision

May 26, 2025 John Olanipekun

On May 16, 2025, the company received a letter from Nasdaq's Listing Qualifications Department, notifying it that its securities would be delisted…

Gambling Business

Nevada Gaming Commission Approves Merkur Acquisition of Vegas-Based Gaming Arts

May 23, 2025 Erik Gibbs

Those who obtained regulatory approval include Michael Gauselmann, who chairs the board; Jurgen Stuhmeyer and Manfred Stoffers, both directors; Lars Felderhoff, holding…

Gambling Business

New Report Suggests Illegal Gambling Spend in Japan Reached $45B in 2024

May 23, 2025 Erik Gibbs

Japanese legislation prohibits residents from participating in gambling on overseas websites. Despite these legal restrictions, the sheer size of the betting volume…

Gambling Business

New Social Gaming Group Hopes to Stop Attacks on Sweepstakes Casinos

May 22, 2025 Erik Gibbs

The newly formed SGLA aims to reinforce responsible gaming practices by emphasizing four central pillars: maintaining free-to-play access, fostering healthy gaming habits,…

Gambling Business

Some Vegas Casino Operators Want Changes to Cannabis Laws

May 21, 2025 Erik Gibbs

Schorr made these remarks during a panel discussion hosted by the Cannabis Policy Institute and the International Gaming Institute at the University…

Gambling Business

Wynn Resorts Abandons New York Casino Plans

May 20, 2025 John Olanipekun

On May 19, Wynn Resorts announced its decision to withdraw its application for a New York gaming license, despite previously gaining approval…

Gambling Business

PAGCOR Issues Warning Against Fake Offshore Gaming Licenses

May 20, 2025 Erik Gibbs

According to a memo released by PAGCOR on Monday, Lucky 7 Bingo Corporation has been entering into agreements with individuals under the…

Gambling Business

IGT Chosen to Retain Control of Italy’s Lottery

May 20, 2025 Erik Gibbs

To retain its position, IGT submitted a bid amounting to $2.6 billion. The financial structure of the deal includes two upfront payments…

Gambling Business

Light & Wonder Completes $1.5b Grover Gaming Asset Acquisition

May 20, 2025 Erik Gibbs

The total consideration for the acquisition includes an upfront cash payment of $850 million. In addition to the initial payment, the agreement…