Economy/Finance

Bally’s Corporation agrees multiyear NBA partnership; makes $100m buyout offer for Allied Esports

Kim M
NBA, U.S.A., Latest Casino and Gambling News, North America Casino News, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Fantasy Sports, Mergers, Acquisitions & Partnerships
On the same day as it announced fourth quarter and full year 2020 results, Rhode Island-based gaming company Bally's Corporation (BALY:NYSE) formerly Twin River Worldwide Holdings Inc., revealed a multiyear agr...

Wilton Rancheria secures further funding for coming California tribal casino

Adam Morgan
Casino News, Latest Casino and Gambling News, Tribal Gaming, New Hotels, Casino project updates, Gaming Industry News, California, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships
In northern California and the federally-recognized Wilton Rancheria tribe has reportedly secured even more outside funding to help it build the $500 million Sky River Casino. According to a Monday report fr...

Flutter Entertainment hails ‘transformational’ year despite high merger costs

Adam Morgan
Ireland, Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships, Fantasy Sports, United Kingdom
British and Irish iGaming behemoth Flutter Entertainment has reportedly hailed a ‘transformational’ year as its net revenues for 2020 rose by 106% on a comparable basis to top £4.3 billion ($6 billion). Acco...

Federal court signs off on Aristocrat Leisure Limited legal settlements

Adam Morgan
Las Vegas, Australia, Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Game manufacturers, Economy/Finance, The Players Lounge, Online Gambling News, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation, Washington
In the United States and a federal court has reportedly signed off on the $31 million arrangement Australian gaming machines innovator Aristocrat Leisure Limited agreed last May in order to settle a pair of cla...

Ohio governor forecasts state’s ‘inevitable’ legalization of sportsbetting

Adam Morgan
Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, The Players Lounge, Licenses, Sports betting, Online Gambling News, Taxation, Ohio
The governor for Ohio has reportedly declared that it is only a matter of time before the American state follows the neighboring jurisdictions of Michigan, Pennsylvania, West Virginia and Indiana in legalizing ...