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Caesars Acquires WynnBET’s iGaming Operations in Michigan

Caesars Acquires WynnBET’s iGaming Operations in Michigan

Wynn has sold out its internet wagering business to industry giant Caesars Entertainment as part of its bigger plan to exit the online gambling realm. As for Caesars Ent, this acquisition strengthens its presence as a leading brand in US gambling.

March 2, 2024
Nevada Casinos Smash Revenue Records for the FY 2023 With $3.44B Net Income

Nevada Casinos Smash Revenue Records for the FY 2023 With $3.44B Net Income

The gambling sector in the Silver State is experiencing record growth, at least according to the latest report published by the Nevada Gaming Control Board. Here’s a deeper dive into the numbers and what industry analysts say about the stellar showing.

March 1, 2024
Sweden Proposes Ban on Credit Cards for Online Gambling

Sweden Proposes Ban on Credit Cards for Online Gambling

The Swedish government attempts to follow in the footsteps of countries like the UK and Australia by banning the use of credit cards for online gambling. The proposal has been met with resistance from the local Trade Association for Online Gambling.

February 25, 2024
New Gambling Tax in India Set to Rake in $1.7 Billion

New Gambling Tax in India Set to Rake in $1.7 Billion

Mass Tax Rate spike leads to billions in income and plenty of industry concern on company survival and player interest in illegal gambling operations.

February 21, 2024
Philippines Online Gambling Experiences Bumper Growth with More to Come

Philippines Online Gambling Experiences Bumper Growth with More to Come

Online gambling in the Philippines nearly doubled in the past year, driving record revenues which support important community projects. Its success further cements PAGCOR’s decision to aggressively shut down black market operations.

February 19, 2024
AGA: 68 Million Americans to Wager Over 23 Billion on Super Bowl 58

AGA: 68 Million Americans to Wager Over 23 Billion on Super Bowl 58

It’s that time of the year again when all fans of the NFL are looking forward to the Big Game. A new report by the American Gaming Association (AGA) indicates that 68 million Americans will bet on the 58th edition of the Super Bowl.

February 11, 2024
Macau Gambling Industry Grows to Impressive $2.4 Billion

Macau Gambling Industry Grows to Impressive $2.4 Billion

January gaming revenue reports show a 67% revenue increase for the Macau gaming industry. Macau brings in MOP$19.3 billion, starting the year off strong. We take a look at industry expectations for 2024.

February 8, 2024
Livespins Online Slot Streaming Platform Celebrates €5 Million Acquisition

Livespins Online Slot Streaming Platform Celebrates €5 Million Acquisition

In the online gambling space, imitation is not the sincerest form of flattery; being acquired is! Evolution Gaming has just recognised Livespins as a leader in its field with a multi-million Euro buyout offer.

February 7, 2024
Live Casino Gaming Surpasses €1 Billion in Profit

Live Casino Gaming Surpasses €1 Billion in Profit

2023 was an incredible year for Evolution Gaming. Their live casino division grew by nearly 30%, leading to record-breaking profits!

February 6, 2024
Gambling Commission Report Highlights the UK Love Affair with Online Slots

Gambling Commission Report Highlights the UK Love Affair with Online Slots

The latest report by the Gambling Commission proves that the shift to online and instant slot games that occurred during the lockdowns was a permanent shift in UK gambling culture.

February 5, 2024
Experts Stack the Odds Against Gambling Ads in Ontario

Experts Stack the Odds Against Gambling Ads in Ontario

In addition to the upcoming restriction on celebrity and sports star endorsements, the Canadian online gambling sector is facing pressure from ex-Olympians and sports parents seeking to ban all online gambling advertisements in the region.

February 3, 2024
French FDJ Places $2.8 Billion Bid to Acquire Kindred Group

French FDJ Places $2.8 Billion Bid to Acquire Kindred Group

Francaise des Jeux, a French gambling industry leader, has announced its plans to take over Kindred Group in a $2.83 billion transaction. The board members of Kindred have rubberstamped the move, but a few hurdles remain before final approval.

February 2, 2024
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