
NEKTAN Adds £2.75 Million to Its Corporate Funds
NEKTAN Plc, a London AIM-listed provider of mobile gaming products and services, has just announced that as much as £2.75 million have been added to company’s corporate funds. The amount…

NEKTAN Plc, a London AIM-listed provider of mobile gaming products and services, has just announced that as much as £2.75 million have been added to company’s corporate funds. The amount…

Gambling operator Melco Crown Entertainment may strike a $1-billion deal with hedge funds in an attempt to improve the operations and overall financial performance of its $3.2-billion Studio City integrated…

Provider of social casino and other games Zynga announced that it is to acquire startup gaming studio Rising Tide Games in a bid to further its commitment to the growing…

Gambling operators Paddy Power and Betfair announced earlier today that they have agreed on the terms of their proposed merger. The new company will be called Paddy Power Betfair and…

Isle of Man-based gambling company GVC Holdings PLC announced earlier today that it had reached an agreement to buy rival bwin.party digital entertainment plc for the amount of £1.12 billion…

Cruise ship and resort operator Genting Hong Kong, subsidiary of Malaysian conglomerate Genting Group, won a key approval from the New South Wales government to increase its stake in Australian…

Universal Entertainment Corp., owned by Japanese businessman Kazuo Okada, announced that it had issued a total of $600 million in bonds. The corporate notes have a 12% annual yield. In…

British bookmaker Betfair and Irish gaming company Paddy Power announced earlier today that they had reached an agreement over the major terms of their potential merger. If completed, it would…

The Las Vegas Club, one of the oldest casinos in downtown Las Vegas, was sold to Derek and Greg Stevens, who own the The D Las Vegas Casino Hotel and…

Gambling operator William Hill PLC announced earlier today that it had bought a 29.4% stake in online lottery options provider NeoGames S.a.r.l. for the total amount of £16 million ($25…

Olympic Casino Latvia SIA, subsidiary of gambling operator Olympic Entertainment Group AS (OEG), announced that it would purchase a 100% stake in Latvian casino company SIA Garkalns and its subsidiary…

UK developer of online gambling solutions Gaming Realms announced earlier today that it is to purchase a number of assets from online streaming products provider RealNetworks. Under the acquisition deal,…

UK gambling operator Ladbrokes confirmed earlier today that it would merge with rival company Gala Coral to become the country’s largest betting chain and to blunt online competition from other…

Less than a week ago, it was announced that 888 Holdings is to acquire bwin.party for the amount of ₤898 million. 888 had to face tough opponents interested in becoming…

After all, Stockton University might be able to sell the shuttered Showboat casino without being involved in any legal issues. Back in 2014, Stockton bought the former casino venue with…

The UK-based betting and gaming company Ladbrokes announced that it was about to ink a deal with another popular provider of gaming products and services – Gala Coral. The agreement…

British online gambling operator 32Red announced today that it is to acquire online casino business Roxy Palace for the total amount of £8.4 million. According to the information released, 32Red…

The importance of advertising in the context of the modern market economy is indisputable. The more a given product, any product, is talked about, the better chances it has to…

Gambling operator MGM Resorts International announced on Tuesday that it would sell two Reno-based hotel and casino properties to Eldorado Resorts. The latter gaming company is to purchase a 50%…

Tsogo Sun Holdings, a major South African hotel and casino operator, announced on Friday that it had canceled its plans to purchase a minority stake in two casinos operated by…

Swedish gambling operator Cherry AB (plc) announced that that it had purchased a 71% stake in Malta-based online casino company Almor Holding Limited. The acquisition is effective as of July…

Betsson AB, a Swedish gambling operator, announced earlier today that it is to purchase Georgia-based privately-owned gaming company Europe-Bet. The latter entity is holding a Georgian license and is targeting…

Online gambling operator bwin.party digital entertainment plc announced mere hours ago that it is to sell its interests in World Poker Tour to Hong Kong-listed company Ourgame International Holdings for…

Gaming software developer Playtech plc announced earlier today that it is to place 29,050,000 ordinary shares, or a 9.9% stake in the company, in order to raise £250 million and…

Gibraltar-headquartered gambling operator BetVictor Ltd. announced that it had sold its 18 racecourse betting points in the UK to bookmaker Star Sports. Thus, the Brighton-based based gaming company would be…

Online gambling operator bwin.party digital entertainment plc announced earlier today that Emerald Bay Limited and Stinson Ridge Limited, two of its largest shareholders, had decided to place about 50 million…

It was announced earlier today that online trading services provider Plus500 Ltd. is to be purchased by gaming software developer Playtech plc for the amount of $703 million (£460 million).…

The Reef Casino Trust, which currently manages The Reef Hotel Casino, the only casino resort in Cairns, announced that it is to partially refurbish the venue after the terminated acquisition…

Irish gambling operator Boylesports has expressed interest in buying rival company Ladbrokes Ireland. As previously announced, the latter is currently under court protection, so as to be able to carry…

Developer of gaming content NYX Gaming Group Ltd. announced that the purchase of Game360 Ltd. had been completed. As NYX Gaming pointed out itself, it will pay for the acquisition…