Economy/Finance

Michigan’s Online Gambling Revenue Jumps in August, iGaming Leads Growth

Michigan's online gambling market continues to thrive, with the state's iGaming sector leading a significant revenue increase in August. The Michigan Gaming Control Board (MGCB) revealed that the total gross re...

EveryMatrix Announces Strategic Intent to Acquire Fantasma Games in a Significant Industry Move

EveryMatrix, a renowned B2B iGaming software provider, has made a public offer to acquire all shares of Fantasma Games AB, a prominent developer of online casino games based in Sweden. The offer, priced at SEK ...

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 ...