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Red Rock Resorts Stakes $172M on 126 Acres of Land South of the Vegas Strip

Red Rock Resorts Stakes $172M on 126 Acres of Land South of the Vegas Strip

Nasdaq-listed Red Rock Resorts has spent a whopping $172 million on a new 126-acre chunk of real estate at the heart of Sin City. The latest real-estate expenditure is part of the company’s wider expansion strategy focused on the local gaming market.

July 23, 2022
Good and Bad News for the Italian Gambling Market

Good and Bad News for the Italian Gambling Market

Italy continues to recover from challenges in the last few years, and GGR from the region tells the story of finding balance after chaos.

July 19, 2022
UK Gambling Review White Paper Delayed for the 4th Time

UK Gambling Review White Paper Delayed for the 4th Time

Following the resignation of Prime Minister Boris Johnson, the release of the much-anticipated white paper on the UK’s gambling industry regulatory revamp faces its fourth delay. Had things gone as planned, the release had been slated for July 21.

July 18, 2022
UK Gambling Minister Jumps Ship Despite Outstanding White Paper

UK Gambling Minister Jumps Ship Despite Outstanding White Paper

Uncertainty reigns in the UK as parliament tries to keep it together after countless ministers walked away and demanded PM Johnson’s head. Although some reassure the public of a summer release on the white paper, it is unlikely.

July 17, 2022
Damian Collins Appointed as the New UK Gambling Minister

Damian Collins Appointed as the New UK Gambling Minister

UK’s DCMS has named MP Damian Collins as the new Minister for Tech and the Digital Economy. The new Parliamentary Under Secretary of State takes over as Gambling Minister from Chris Philip, right in the thick of the gambling sector’s regulatory revamp.

July 17, 2022
Macau Casino Shares Plunge Following Week-Long Covid-19 Lockdown

Macau Casino Shares Plunge Following Week-Long Covid-19 Lockdown

Gaming stocks slide in Hong Kong as Macau imposes a fresh one-week lockdown of non-essential business to curb the resurgence of the Coronavirus pandemic. Industry observers expect the situation to last longer than a week.

July 17, 2022
What You Need to Know About EU Gambling Taxes

What You Need to Know About EU Gambling Taxes

Gamblers who enjoy the occasional flutter in Romania may soon pay close to half their winnings in taxes. Other regions in Europe take varied stances on their citizen’s tax duties for gambling gains.

July 13, 2022
White Paper Controversy Continues Amid Rumours of Technical Restrictions

White Paper Controversy Continues Amid Rumours of Technical Restrictions

: UK gamblers and operators remain in the dark about what the Gambling Act review will bring to the table, but reports indicate a regression to original limitations. Speculations continue as patience wears thin.

July 11, 2022
888 Holdings Closes $45M Sale of its Bingo Operations to Broadway Gaming

888 Holdings Closes $45M Sale of its Bingo Operations to Broadway Gaming

Dublin-based Saphalata Holdings Ltd, a subsidiary of the Malta-based Broadway Gaming Group, has completed its purchase of the bingo business of 888 Holdings, a Gibraltar-based online gaming and betting giant. The transaction is estimated to cost $43.25m.

July 10, 2022
IGT completes €160m Takeover of iSoftBet

IGT completes €160m Takeover of iSoftBet

When two brilliant companies join forces, the iGaming world can expect thrilling results. IGT, the American gambling company, and European software provider iSoftBet concluded their M&A agreement to bring gamblers better options.

July 9, 2022
UK PM and Gambling Minister Resignation Traps Gambling Act Review in Limbo

UK PM and Gambling Minister Resignation Traps Gambling Act Review in Limbo

The progress of the critical gambling review white paper grinds to a halt following the resignation of the DCMS Minister for Tech and Digital and Prime Minister Boris Johnson a little later. How exactly will this affect the UK gambling sector?

July 9, 2022
Danish Gambling Industry Reports 196% Growth

Danish Gambling Industry Reports 196% Growth

With society returning to a state of normal and land-based casinos open in full swing, Danish gamblers show vigorous support for their familiar favourites. Balance is on the horizon, although online gambling revenues experienced further losses.

July 7, 2022
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