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

Resorts World Genting Inaugurates New Casino

Jan 06, 2025 Erik Gibbs

The Genting Casino area has been designed with two themes. One section mirrors the style of Sky Casino with bronze-colored fittings and…

Gambling Business

DraftKings Launches Subscription Service That Includes Better Odds

Jan 06, 2025 Erik Gibbs

The subscription offers increased profitability for parlays, starting with a 10% profit boost on two-leg parlays. As the number of legs in…

Gambling Business

Flutter Launches Strategic Share Buyback Initiative

Jan 06, 2025 Matthew Smith

Flutter, the parent of Betfair and FanDuel, says it intends to complete an overall buyback program that it states will total more…

Gambling Business

Poker Star Scott Ball Suing ACR Poker for $30 Million

Jan 03, 2025 Joseph Skelker

The legal complaint names several defendants, including ACR Poker CEO Phil Nagy, International Processing Services, and Foozle Ventures. Ball’s filing accuses the…

Gambling Business

Pace-O-Matic Suffers Setback in Skill Games Dispute in Kansas

Jan 03, 2025 Erik Gibbs

The original lawsuit, filed in 2019, sought a declaratory judgment confirming that Dragon's Ascent complied with Kansas statutes. POM of Kansas argued…

Gambling Business

California Tribes Bring Lawsuit Against Card Rooms in the State

Jan 03, 2025 Matthew Smith

The lawsuit has been brought by a collaboration of seven native tribes which includes the Agua Caliente Band of Cahuilla Indians, the…

Gambling Business

Stake Names Thomas Carvalhaes to Head Brazil Operations

Jan 03, 2025 Matthew Smith

Carvalhaes is set to lead a small team of employees for the Brazilian operations of Stake, as the jurisdiction has launched a…

Gambling Business

Bally’s Chicago Aims to Raise $250M through Minority Investors

Jan 02, 2025 Joseph Skelker

Bally’s has designed the program to align with its Host Community Agreement (HCA) with Chicago, which requires significant minority and female ownership.…

Gambling Business

Mohegan’s South Korea Casino Future a Concern as Loan Defaults Appear Imminent

Jan 02, 2025 Erik Gibbs

According to the company's report, the Korea Term Loan has a face value of approximately $441.8 million and a book value of…

Gambling Business

New Year Starts Wrong for Dozens Arrested for Illegal Gambling in Vietnam

Jan 02, 2025 Erik Gibbs

The operation targeted the Diamond Club, a venue located within the Ramana Saigon Hotel. Investigators discovered a sophisticated scheme exploiting legal loopholes…