Economy/Finance

Flutter Entertainment to Acquire Italy’s Snaitech in a Strategic €2.3 Billion Deal

Flutter Entertainment, a global leader in online sports betting and iGaming, has announced its agreement to acquire Snaitech S.p.A., one of Italy's foremost omni-channel operators. The transaction, valued at an...

New Jersey’s Online Gambling Sets New Revenue Record in August

In an impressive display of digital prowess, New Jersey's online gambling sector reached new heights in August 2024, amassing an extraordinary $198.4 million in revenue. This figure represents the highest month...

Loto-Québec Navigates Early Fiscal Challenges with Optimistic Outlook

Loto-Québec, the crown corporation overseeing gambling activities in Quebec, Canada, reported a decrease in both revenue and profit for the first quarter of the 2024 fiscal year. Despite the downturn, which saw...

Star Entertainment Given Two Weeks to Respond to Show Cause Notice Issued by NICC

The Star Entertainment Group has received a stern "show cause" notice from the New South Wales (NSW) Independent CasiSno Commission (NICC), compelling the casino operator to justify its fitness to maintain its ...

PAGCOR Announces Significant Fee Reductions for Online Gaming in the Philippines

In a strategic move to stimulate the Philippine gaming market, PAGCOR (Philippine Amusement and Gaming Corporation) has announced a significant reduction in license fees charged to the country's integrated reso...

High-Stakes Drama: Singaporean High-Roller Ordered to Repay Millions to Australian Casino

In a tale weaving through the grandeur of international casinos, Dr. Wong Yew Choy, a Singaporean high-roller, has found himself in a legal entanglement demanding the repayment of a colossal sum of A$38.7 milli...