Light & Wonder agrees to slash OpenBet sale price by $400m
The Las Vegas-headquartered group, formerly Scientific Games, has agreed to an amended purchase agreement with IMG Arena-owner Endeavor that will see it receive $750m in cash and...
HBLB chair Paul Darling passes away
Darling served as non-executive chair of the HBLB since April 2020. Prior to this, he spent time as board member with GB racing’s funding body between 2008...
Spain to ban loot boxes for minors
Loot boxes – a video game mechanic in which a player pays for a game where they may receive an in-game item as decided by a random...
Wynn plans Thailand move as UAE integrated resort progresses in Q2
Speaking in a post-Q2 earnings call, Billings responded positively to a question about Wynn moving into Thailand. This week, the country’s government published draft rules for legal casinos in...
IGT completes $160m acquisition of iSoftBet
Agreed in April, IGT said the purchase more than doubles the size of its IGT PlayDigital content library to approximately 225 games. IGT also said that the...
Penn CEO Snowden: ‘Don’t believe everything you read’ on M&A, points to late August...
On Thursday’s (8 August) earnings call, Snowden said the company will be live in the biggest legal market in the US, New York, by the start of...
PMU shuffles senior management team
Augier became chairman of the PMU board in June 2020 and went on to also take on the role of executive chairman in charge of general management...
Belgium reports 16.7% rise in 2023 GGR despite tighter regulatory controls
Belgium gambling gross revenue total for 2023 was €1.7bn (£1.5bn/$1.9bn), a significant rise from the €1.5bn generated in 2022. Online grew by 18% to a GGR of...
Macau closes all casinos in new lockdown
The decision has been approved by Macau Chief Executive Ho Ian Seng, who said that all casino operations will be suspended from midnight on 11 July to...
Sportradar Q2 revenue up 29% despite rights costs impacting bottom line
Sportradar Q2 earnings also noted an adjusted EBITDA of €48.8m, indicating a 22% increase on the previous year. It added 46 new betting clients to its core...
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