By 
Terry Davis ·
Venturebeat is reporting that social casino app usage skyrocketed during the last year when many people were spending much more time at home. The information comes from a compilation of…
By Terry Davis ·
In an announcement that felt more like a natural progression than a surprise development – Greentube, the Interactive division of NOVOMATIC announced on Wednesday that it will take its games…
By Terry Davis ·
Australian slot machine maker Aristocrat Leisure Limited has undertaken an effort to acquire online casino game maker and platform provider, Playtech plc in a bid worth AU$5b (US$3.7b). In a…
By Terry Davis ·
The fifth largest jackpot in Powerball history was won on October 4th in California. One $2 ticket matched all five numbers plus the Powerball for a jackpot of $699.8 million.…
By Terry Davis ·
Gambling technology giant Playtech confirmed on Wednesday that it has entered into an agreement to offload its financial trading unit, Finalto, to Gopher Investments in a $250 million cash deal.…
By Terry Davis ·
Greek construction giant GEK Terna has reportedly remained the sole shareholder in the billion-euro project for the development of a casino resort as part of the larger Ellinikon scheme near…
By Terry Davis ·
After years of speculations that The Blackstone Group had been looking to offload The Cosmopolitan of Las Vegas, the New York private equity firm announced Monday that it has entered…
By Terry Davis ·
Gambling technology giant Scientific Games has entered into an agreement to sell its sports betting business OpenBet to UFC owner Endeavor Group Holdings, Inc. in a cash and stock deal…
By Terry Davis ·
US sports betting and daily fantasy sports expert DraftKings has approached fellow gambling firm Entain with a takeover offer valuing the latter at $22.4 billion. Entain confirmed that it has…
By Terry Davis ·
Bally’s Corp. on Thursday broke ground on a $100 million expansion of the larger of its two casinos in Rhode Island. Twin River Casino in Lincoln originally opened doors in…
By Terry Davis ·
Casino and hospitality powerhouse MGM Resorts International last week cleared the first of two regulatory hurdles related to the recently announced buyout of a 50% stake in CityCenter in Las…
By Terry Davis ·
Live casino specialist Evolution is set to further expand its network of brands with the acquisition of DigiWheel, a developer of an innovative HD spinning game wheel. Evolution announced Friday…
By Terry Davis ·
Online gambling operator 888 Holdings has confirmed its interest in William Hill’s non-US operations after recent reports that the race for the British bookmaker has whittled down to just two…
By Terry Davis ·
New York-based private equity firm Blackstone is reportedly looking to snatch $5 billion for The Cosmopolitan of Las Vegas, according to the latest round of rumors regarding the glitzy Strip…
By Terry Davis ·
The bidding war for William Hill’s UK and European operations this week entered the final stretch as the frontrunners were invited to submit their best and final bids for the…
By Terry Davis ·
Swedish online slots maker Lady Luck Games has entered into an agreement to acquire fellow iGaming content creator and provider Spigo ApS’s Denmark-facing operations. The Stockholm-based studio announced Wednesday morning…
By Terry Davis ·
Gambling powerhouse Flutter Entertainment and mobile esports company Skillz are possible acquisition targets, according to recent reports, as consolidation in the casino and sports betting sector shows little sign of…
By Terry Davis ·
Florida-based casino and hospitality company Hard Rock International is set to take over a casino in Northwestern Indiana from an ownership group whose top executives have been hit with financial…
By Terry Davis ·
Global sports betting and online gambling specialist Entain has entered into an agreement to purchase Seattle-based esports betting startup Unikrn to capitalize on a continued growth in the skill-based wagering…
By Terry Davis ·
US sports betting operator DraftKings is set to buy Tilman Fertitta’s Golden Nugget Online Gaming (GNOG) in an all-stock acquisition that values the latter company at $1.56 billion. The deal…
By Terry Davis ·
Shares of British gambling giant Entain on Wednesday soared to the top of the FTSE 100 on news that its US sports betting partner and former suitor MGM Resorts International…
By Terry Davis ·
Real estate investment trust VICI Properties is set to acquire fellow REIT MGM Growth Properties in a $17.2 billion deal that will make the former one of the largest, if…
By Terry Davis ·
Gambling software giant Scientific Games has acquired Sydney-based independent online casino games maker Lightning Box in a move that will further help it execute on its wider vision to become…
By Terry Davis ·
Casino operator Caesars Entertainment, Inc. this week unveiled its new sports betting experience, Caesars Sportsbook, following the acquisition of British wagering specialist William Hill. Caesars rolled out its new gambling…
By Terry Davis ·
Casino operator MGM Resorts International is donating two acres of land near Reno Avenue and Giles Street in Las Vegas for a permanent memorial honoring the victims and survivors of…
By Terry Davis ·
Australian casino operator The Star Entertainment Group withdrew on Friday its $9 billion (A$12 billion) proposal to merge with rival Crown Resorts as the latter company is facing uncertain future…
By Terry Davis ·
Romanian gambling operator Superbet has acquired Belgian peer Napoleon Sports & Casino in a move that will allow it to enter Belgium’s regulated gambling market. No financial details about the…
By Terry Davis ·
Casino and online gambling operator Bally’s Corporation on Tuesday announced that it has bought the Association of Volleyball Professionals (AVP) in the latest manifestation of an ongoing acquisition spree. AVP…
By Terry Davis ·
US private equity firm Advent International is understood to have joined the race for William Hill’s UK and European operations and is believed to be among the leading bidders. The…
By Terry Davis ·
Finalto (formerly TradeTech), the financial trading unit of gambling technology firm Playtech, has received a $250 million takeover offer from Gopher Investments, news emerged last week. Gopher is an investment…