Due to growing debt and execution risks associated with its $17 billion Chicago casino project, Fitch Ratings downgraded Bally's Corp from "B" to "B-" As the Rhode Island-based gambling operator moves forward with its biggest development to date, the downgrading underscores growing financial duress According to Fitch, Bally's EBITDAR leverage..

The Nevada Gaming Control Board (NGCB) reported a 93% year-over-year drop in gaming revenue in February, indicating a slump in the state's gambling business Compared to January, the state's overall gaming gain for the month was $122 billion, a 165% decrease Nevada's fiscal year-to-date (FYTD) revenue is still solid at $105 billion, just 114%..

SA Gaming has joined forces with Digitain, a leading platform provider in the gaming industry, to enhance the accessibility of its live gaming portfolio Through this collaboration, operators can now integrate SA Gaming’s diverse range of live games directly via Digitain’s powerful aggregation platform Ashot Sahakyan, Chief Operating Officer..

The well-liked blockchain-based life simulation game Paradise Tycoon will launch on consoles by the end of 2025, according to game developer Empires Not Vampires A publication partnership with Bonus Stage publication, a seasoned partner in the gaming business, makes this move possible According to the team, this partnership represents a..

On April 4, the Ministry of Finance headquarters in Brasília will host a critical meeting of the Secretariat of Prizes and Betting (SPA) The goal of this meeting is to close the gap between federal and state gaming laws Up to three issues pertaining to a single betting system will be covered by representatives from each state A national..

The gambling industry in Italy is still thriving thanks to technological developments, legislative changes, and cultural acceptability Astute Analytica estimates that the market will expand at a compound annual growth rate (CAGR) of 1221% from its 2024 valuation of $2408 billion to $6685 billion by 2033 The industry is governed by the Agenzia..

By shutting down 72 unapproved websites that operate in the city, Buenos Aires authorities have stepped up their efforts to combat unlawful online gambling This action comes after a significant crackdown in September 2024 that resulted in the closure of over 200 illicit gaming websites The most recent operation was coordinated by the Buenos..

Winford Resort and Casino Manila is working with 888 Horsemen Group Inc to build a high-end VIP and junket club On March 18, 2025, the two businesses formally inked an agreement, reaffirming their dedication to growing high-stakes gaming in the city Serving elite players from both domestic and foreign markets, this addition will be Manila's..

Pi Network is pushing back against accusations labeling the project as a scam and a multi-level marketing (MLM) scheme A company spokesperson dismissed these claims, stating they stem from misunderstandings about how Pi Network and its referral system function Industry Leaders Challenge Pi Network The controversy started when Bybit CEO Ben..

A strategic investment in Atlas World Sports has been announced by Omaha-based investment firm Starkel Capital Management (SCM) The funding is intended to boost the fantasy sports data provider's market share and enhance its reputation in the sports betting sector SCM specializes in finding businesses with significant development potential..

PropSwap and Bally Bet have partnered on many properties to increase Bally Bet's sports betting options in Mississippi The partnership intends to boost ticket sales and give sports wagerers additional options for interaction at Bally Bet's physical sportsbooks Bally's Vicksburg and the Hard Rock Hotel and Casino Biloxi will be the partnership's..

Scientific Games and the Florida Lottery have extended their collaboration for an additional three years Scientific Games has been the state's main or only source for Scratch-Off games since its inception in 1988 The purpose of this extension is to increase the funds that support Florida's public school system Florida Lottery Secretary John..

Since early 2025, AlgosOne, an AI-powered trading platform, has turned down numerous acquisition offers from top hedge funds, cryptocurrency exchanges, and AI companies in China, Europe, and the US The proposals ranged between $250 million and $500 million According to Alex Andera, AlgosOne’s Chief Marketing Officer, the company chose to stay..

SiGMA Poker Tour (SPT) is making its way to Brazil for the first time, bringing five days of high-stakes poker action to São Paulo from April 9 to 14 The tournament promises intense competition with a $250,000 guaranteed prize pool, exclusive VIP experiences, and top-tier accommodations The event will also mark the debut of the Hendon Mob..

Slotegrator has released a new report exploring how regulatory policies and taxation impact player choices in European iGaming markets The study focuses on countries such as Sweden, Germany, Italy, the Netherlands, and the UK, examining how strict regulations influence player movement between licensed and offshore operators A well-regulated..

Arkansas is among the increasing list of states that have outlawed greyhound racing Since 2022, it has been prohibited in Arizona, Colorado, Kansas, Massachusetts, and New Hampshire, among five other states As evidence that the movement against greyhound racing is not limited to the US, similar prohibitions have recently been implemented in Wales..

Tracy McGrady is the Safer Gambling Ambassador for BetVictor Canada, and the company has launched a new out-of-home advertising campaign The program, which aims to encourage safe gaming practices throughout Toronto, coincides with Problem gaming Awareness Month in March Mobile digital trucks will be used in the campaign to traverse busy regions..

BetMGM Canada has been fined $110,000 by the Alcohol and Gaming Commission of Ontario (AGCO) for violating its Standards for Internet Gaming The fine is related to instances in which the operator's marketing partners reportedly offered financial incentives to people in order to persuade them to establish new BetMGM accounts The AGCO claims that..

The CEO of ZEAL Network SE, Dr Helmut Becker, has declared his intention to retire on January 31, 2026, when his contract expires Becker wants to pursue other business ventures after serving on the company's Executive Board for more than 12 years and as CEO for more than 10 years To ensure a seamless transition for his successor, he will continue..

Spending in Denmark's gaming sector increased by a modest 06% in February 2025 over the same month the previous year The main cause of this development, according to Danish gaming regulator Spillemyndigheden, is an increase in online casino activity Spending at internet casinos increased, but other gambling industries saw decreases Revenues..