Former Amaya Chairman and CEO David Baazov has made an official bid to acquire the Canadian online gambling company for an offer price of C$24 per common share or the approximate amount of C$3.48 billion.Amaya shares closed at C$18.34 on Friday. In other words, Mr. Baazov’s o ...
Gambling software developer Playtech today announced that it has received a regulatory nod to acquire leading technology company Consolidated Financial Holdings A/S (CFH) in a bid to boost its Financials division.Founded in 2008, CFH is a technology company offering a number ...
Construction work on Phase 1 of Okada Manila, a $2.4-billion integrated resort located in the Philippine capital, is nearing completion, parent company Universal Entertainment Corp. said on Friday in a filing to the Tokyo Stock Exchange. The complex’s first facilities are set to ...
Another hurdle has emerged to foil Australian gambling operator Crown Resorts’ plan to build a multibillion-dollar casino resort in Sydney’s Barangaroo precinct, local media reported. The New South Wales Land and Environment Court is set to hear on Tuesday a case file ...
A Crown Resorts employee who has spent this past month in custody in Mainland China was released on bail on Friday, local media reported. It is understood that the person is a Chinese citizen and a junior staff member at the major casino operator.Last month, Chinese police de ...
Playtech, a leading developer and supplier of products and services for the international gambling industry, announced that it has launched a new live mobile roulette game, following a comprehensive testing and analysis over the course of the past several months. Despite being ro ...
PlayCherry Ltd., subsidiary of online gambling business Cherry iGaming, has been given the green light by the UK Gambling Commission to provide iGaming options to local players. Having obtained the gaming operators license, the company will now launch both sports betting and casi ...
Internationally recognized supplier of gaming content NetEnt today announced that it has extended its existing business partnership with major gambling operator Paddy Power. The two parties have recently penned a distribution agreement, under which NetEnt will license gaming cont ...
Brazil has inched closer to legalizing the provision of iGaming services, among others. A Senate Committee approved on Wednesday a bill that would allow for the creation of a legal framework that would regulate the country’s gambling market.After being passed by the Special C ...
Developer of HTML5 casino games StakeLogic announced that its titles are set to become available to EveryMatrix clients via the latter’s CasinoEngine content aggregator and white-label solution. Jetbull will be the first iGaming operator to go live with StakeLogic games via the a ...
A new online gambling-focused bill was presented to the Australian government on Thursday. The proposed legislation targets mostly offshore iGaming operators that provide illegal gambling services to local customers. The bill comes as the first stage of a three-phase process init ...
Merkur Gaming Americas announced the appointment of Alejandro Saraintaris as General Manager of the newly incorporated Merkur Gaming Argentina, S.A., the latest addition to the gambling group’s Latin American portfolio of companies.Mr. Saraintaris brings with him extensive ex ...
The Seminole Tribe of Florida won on Wednesday a more than a year-long court battle with the state over the right to provide blackjack and other banked table games at its casinos. U.S. District Judge Robert Hinkle ruled that the tribe can keep the said gambling options for the ne ...
Canada-listed online casino supplier NYX Gaming Group announced that it has penned a license agreement with international gambling operator Olympic Entertainment Group (OEG). Under the deal’s terms, the latter company will go live with NYX Gaming’s catalog of products to further ...
The UK Gambling Commission has urged gambling operators to step up the process of placing customers at the center of their business decisions. The country’s gambling regulator seems to be planning to introduce more severe penalties for those who fail to comply with its requiremen ...
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