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MGM Resorts Buyout Offer Withdrawn
Casino

MGM Resorts Buyout Offer Withdrawn

People Inc. has officially withdrawn its $18 billion offer for an MGM Resorts buyout, ending months of detailed negotiations aimed at taking the major casino operator private. The decision was confirmed following extensive discussions between company executives and a special committee set up by the…

thisweekingambling
Loto-Québec Revenue Rises as Election Puts iGaming Model in Focus
Casino

Loto-Québec Revenue Rises as Election Puts iGaming Model in Focus

Loto-Québec reported a 2.1% year-over-year increase in total revenue for the first quarter of fiscal 2026-27, as the province heads toward an election that could fundamentally reshape Quebec’s gambling landscape. According to the Crown corporation, it generated CA$782.6 million in revenue for the q…

casino.org
Stockman’s Casino completes year-long remodel in Nevada
Casino

Stockman’s Casino completes year-long remodel in Nevada

Stockman’s Casino in Fallon, Nevada, has completed a year-long building remodel, marked by a ribbon-cutting ceremony on 18 September. The renovation includes new carpeting throughout the property, an upgraded air conditioning system and improvements to the back of the house, including a redesigned…

www.yogonet.com
Barry Diller’s Bid to Acquire MGM Resorts Falls Through
Casino

Barry Diller’s Bid to Acquire MGM Resorts Falls Through

Barry Diller-owned People Inc. has withdrawn its $17.6 billion bid to acquire MGM Resorts. People, which currently owns roughly 27% of MGM Resorts, proposed buying out the casino giant’s remaining shares and offered $48.30 per share in cash. However, the deal appears to have fallen through, meaning…

Gambling News
MGM Now an Execution Story With Takeover Bid Off the Table
Casino

MGM Now an Execution Story With Takeover Bid Off the Table

On volume that’s already more than triple the daily average, shares of MGM Resorts International (NYSE: MGM) are off more than 10% today after Barry Diller’s People Inc. (NASDAQ: PPLI) confirmed late Wednesday it withdrew its $48.30 per share takeover offer for the casino company. Diller, whose com…

casino.org
Canadian Tonybet player lands 12,000x win on Starlight Princess 1000
Casino

Canadian Tonybet player lands 12,000x win on Starlight Princess 1000

A Tonybet player from Canada won CAD 36,000 (USD 25,465) from a CAD 3 bet on Pragmatic Play’s Starlight Princess 1000 on 22 September, delivering a 12,000x return on the original stake. The player registered with Tonybet in early August 2026, meaning the five-figure payout came less than seven week…

www.yogonet.com
Australia’s VGCCC Fines Tabcorp for Customer Security Failures
Regulation & Law

Australia’s VGCCC Fines Tabcorp for Customer Security Failures

Australia’s Victoria Gambling and Casino Control Commission (VGCCC) has fined Tabcorp, the country’s largest gambling company, AUD 350,000 (about $256,000) because it failed to implement mandatory multi-factor authentication (MFA) controls. Tabcorp Hit With Fine According to the VGCCC, between 30 J…

Gambling News

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GG News – Seite 57