Economy/Finance | World Casino News

Apollo Acquires IGT and Everi in $6.3 Billion Deal

July 28, 2024

Online gaming software, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Mergers, Acquisitions & Partnerships

International Game Technology PLC and Everi Holdings Inc., two prominent players in the gaming industry, have been acquired by a new holding company under Apollo Global Management, Inc. This all-cash transactio...

EveryMatrix’s CasinoEngine Hits 6 Billion Game Rounds in Online Gaming Boom

Vanja Mitic

July 26, 2024

Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Technology, Mobile gaming, Economy/Finance, Ontario, Online Gambling News

EveryMatrix's flagship casino product, CasinoEngine, has achieved a remarkable milestone, surpassing 6 billion monthly game rounds and exceeding €6 billion in monthly turnover. This significant achievement come...

U.S. iGaming Market Projects $7.3B Revenue in 2024, Led by FanDuel, DraftKings, BetMGM

Johnny K.

July 26, 2024

U.S.A., Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Online Gambling News

Eilers & Krejcik Gaming (EKG), supported by data from Fantini Research, has released a new report detailing the performance of online sports betting and gambling operators in the United States for the first...

Meridianbet Rolls Out Over 1 Million Betting Options for 2024 Paris Olympics

Vanja Mitic

July 24, 2024

Latest Casino and Gambling News, World Casino News, Gaming Industry News, Technology, Mobile gaming, Economy/Finance, Sports betting, Online Gambling News

With the 2024 Summer Olympics on the horizon, Paris is set to become more than just a hub for athletes; it's transforming into the epicenter for sports betting enthusiasts worldwide. Meridianbet, a leading name...

Musburger Media Acquires VSiN from DraftKings, Resuming Leadership

Vanja Mitic

July 23, 2024

Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships

Musburger Media has announced its acquisition of the Vegas Stats & Information Network (VSiN) from DraftKings Inc. This development marks a significant return for VSiN, the sports betting network originally...

HLIB Research: Tourist Influx Spurs Growth in Malaysia’s Gaming Sector

Vanja Mitic

July 23, 2024

Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Malaysia, Financial Press Releases, Singapore

The second half of 2024 is expected to mark a significant recovery for the gaming sectors in Malaysia and Singapore. Hong Leong Investment Bank Research (HLIB Research) has advised investors to maintain an "ove...

Centre County’s Mini-Casino to Proceed After Supreme Court Ruling

Vanja Mitic

July 19, 2024

U.S.A., Casino Destinations, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, North America Casino News, Casino project updates, Gaming Industry News, Economy/Finance, Pennsylvania

After nearly four years embroiled in legal and bureaucratic complexities, the planned mini-casino at Centre County's Nittany Mall in Pennsylvania has finally received the green light for construction. This deve...

Evolution Boosts US Strategy with Galaxy Gaming Acquisition

Vanja Mitic

July 19, 2024

Latest Casino and Gambling News, U.S.A., Online gaming software, World Casino News, North America Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Casino moguls, Online Gambling News, Mergers, Acquisitions & Partnerships

In a significant strategic move, Evolution has finalized plans to acquire Galaxy Gaming for an estimated $85 million, marking a pivotal step in its expansion strategy into the U.S. market. This acquisition is s...

Virginia Casinos Revenues Total $59.5 Million in June

Johnny K.

July 19, 2024

Virginia, U.S.A., Casino News, Latest Casino and Gambling News, North America Casino News, World Casino News, Gaming Industry News, Economy/Finance, Financial Press Releases

In June 2024, Virginia's trio of casinos reported a combined total of $59.5 million in gaming revenues, according to the latest data from the Virginia Lottery, cited by Virginia Business. This figure represents...

AGI Invests $172 Million to Transform Manila’s Tourism with Newport Upgrade and Westside City Development

Vanja Mitic

July 18, 2024

Casino News, Latest Casino and Gambling News, Casino Destinations, Casino expansion projects, World Casino News, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Asian Casino News, Philippines

Alliance Global Group Inc. (AGI) is making a significant investment to reshape Manila's tourism and leisure landscape with $172 million allocated for upgrading the existing Newport World Resorts and developing ...

CLSA Updates Macau GGR Forecast: 34% Rise in 2024, EBITDA Cut by 1.2%

Vanja Mitic

July 17, 2024

Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Macau, Financial Press Releases

CLSA has revised its financial projections for Macau's gaming sector for 2024 and 2025. This adjustment reflects ongoing changes in the global and regional economic landscape, competitive pressures among Macau'...

FanDuel and NYRA Settle Horse Betting Dispute Before Saratoga Season

Vanja Mitic

July 16, 2024

U.S.A., Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Horse Racing, Mergers, Acquisitions & Partnerships, New York

A significant contract dispute between FanDuel and the New York Racing Association (NYRA) has been resolved just in time for the start of Saratoga’s highly anticipated summer racing season. The disagreement, wh...

Star Entertainment Ceases Electronic Gaming Operations Over System Issues

Vanja Mitic

July 15, 2024

Australia, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Technology, Economy/Finance, Oceania Casino News

Star Entertainment Group has temporarily shut down all electronic gaming machines (EGMs) and electronic table games (ETGs) at its casinos due to significant system performance issues. The announcement was made ...

Philippine Gaming Industry Revenue Soars 19% to $3.3 Billion in First Half of 2024

Vanja Mitic

July 15, 2024

Latest Casino and Gambling News, Casino News, World Casino News, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Online Gambling News, Asian Casino News, Philippines, Financial Press Releases

The Philippine gaming industry witnessed a significant surge in revenue during the first half of 2024, reporting a year-on-year growth of 19.2%. According to the latest figures released by the Philippine Amusem...

Bally’s Secures Funding for $1.7 Billion Chicago Casino Complex

Vanja Mitic

July 14, 2024

Latest Casino and Gambling News, Casino Destinations, Casino News, New Hotels, Gaming Industry News, Casino project updates, Casino moguls, Economy/Finance, Illinois

One week after acquiring the Freedom Center printing plant, Bally’s secured financing to build a $1.7 billion casino complex on the 30-acre River West site. The company announced a deal with Gaming and Leisure ...

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Apollo Acquires IGT and Everi in $6.3 Billion Deal

EveryMatrix’s CasinoEngine Hits 6 Billion Game Rounds in Online Gaming Boom

U.S. iGaming Market Projects $7.3B Revenue in 2024, Led by FanDuel, DraftKings, BetMGM

Meridianbet Rolls Out Over 1 Million Betting Options for 2024 Paris Olympics

Musburger Media Acquires VSiN from DraftKings, Resuming Leadership

HLIB Research: Tourist Influx Spurs Growth in Malaysia’s Gaming Sector

Centre County’s Mini-Casino to Proceed After Supreme Court Ruling

Evolution Boosts US Strategy with Galaxy Gaming Acquisition

Virginia Casinos Revenues Total $59.5 Million in June

AGI Invests $172 Million to Transform Manila’s Tourism with Newport Upgrade and Westside City Development

CLSA Updates Macau GGR Forecast: 34% Rise in 2024, EBITDA Cut by 1.2%

FanDuel and NYRA Settle Horse Betting Dispute Before Saratoga Season

Star Entertainment Ceases Electronic Gaming Operations Over System Issues

Philippine Gaming Industry Revenue Soars 19% to $3.3 Billion in First Half of 2024

Bally’s Secures Funding for $1.7 Billion Chicago Casino Complex

Chinese Underground Banking Networks Fuel Global Criminal Finance

New York Sportsbooks Maintain Strong July With Third Month Above 11% Hold

FireLake Casino and Hotel Debut Brings New Era for CPN

California Tribes Contest Court Decision on Cardroom Banked Games

Peoria Presses Boyd Gaming to Build Casino in City or Sell License