Economy/Finance

US Gaming Industry Boosts Responsible Gaming Investments to $471.8 Million

Recent findings from the American Gaming Association (AGA) reveal a substantial increase in investments toward responsible gaming initiatives across the US gaming industry. The total annual expenditure has surg...

Flutter Predicts U.S. Gambling Market Will Surpass $60 Billion by 2030

Flutter Entertainment, the parent company of FanDuel, has projected that the U.S. gambling market will grow significantly, expecting it to exceed $60 billion by 2030. The latest forecast marks a notable increas...

Star Entertainment Reports Massive Loss Amid Regulatory Changes

Australia's Star Entertainment Group has disclosed a significant statutory loss for the fiscal year ending June 30, 2024. The reported loss amounts to AU$1.69 billion (US$1.16 billion). This substantial financi...

Signing Day Sports Announces Strategic Acquisition of Swifty Global

Signing Day Sports, Inc., known for its innovative app assisting high school athletes in recruitment, has announced a pivotal acquisition of 95-99% of Swifty Global, a key player in the sports and casino techno...

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...