Business & M&A

Century Casinos has signed a definitive agreement to sell the racing and gaming operations of two properties in Alberta, Canada, to Highfield Investment Group. The deal covers Century Mile Racetrack and Casino in Edmonton and Century Downs Racetrack and Casino in Calgary, with an aggregate purchase…

Fontainebleau recently trumpeted the expansion of its high limit slot room, and it has indeed expanded. You’ll probably want to adjust your expectations, however. The truth is, the high limit room was already great. The “expansion” was sort of an excuse for a P.R. hit. Given the fact we’re writing…

LT Game Ltd has been debuting several new gaming products and an entertainment platform at Global Gaming Expo (G2E) Las Vegas in the United States, to showcase its broadening portfolio of casino gaming technology. The industry trade show started on Monday (September 28) and runs until Thursday (Oct…

The VIP segment of Macau’s casino industry is expected to account for a relatively small share of overall gaming revenue over the medium term, despite some signs of recovery, says the International Monetary Fund (IMF). The institution said Macau’s gaming sector had undergone a “structural shift” si…

There is currently “lukewarm investor enthusiasm” when it comes to Macau gaming stocks, with focus on gross gaming revenue (GGR) market share and dividends, says brokerage CLSA Ltd. The commentary was in a Tuesday note about the institution’s recent Investors’ Forum 2026. “Risks of consensus downwa…

Macau recorded close to 100,000 visitor arrivals on Tuesday, with tourist volume remaining strong following the four-day Mid-Autumn Festival, as the city prepares for the holiday period associated with the National Day of the People’s Republic of China. According to data disclosed by Macau’s Public…

SkyCity will launch a formal sale process for its Adelaide casino after buyer inquiries, while assessing wider group transactions. The post SkyCity moves toward Adelaide casino sale after buyer inquiries first appeared on Asia Gaming News | AGB - Asia Gaming Brief.

IGT announced that it had been named Casino Services Supplier of the Year at the 2026 Global Gaming Awards Americas, securing the honor for the second consecutive year. The post IGT retains Casino Services Supplier of the Year title at 2026 Global Gaming Awards first appeared on Asia Gaming News |…

Michigan Native American tribes are increasingly withholding casino revenue-share payments from the state, arguing that Michigan’s expansion of gambling has undermined the exclusivity they were promised under their gaming compacts. Payments to the Michigan Strategic Fund (MSF), which helps finance…

ICE Barcelona has cemented itself as one of the top gaming exhibitions in the world, providing companies with a platform to showcase their new products and technologies. As the anticipation for next year’s edition of the event grows high, industry stakeholders are preparing to head for Barcelona. T…

Businessman Wilbur Ross and former casino magnate Steve Wynn are suing New York over Mayor Zohran Mamdani’s (D) pied-à-terre tax, which they claim is unconstitutional. In a suit filed Monday in the Suffolk County branch of the New York Supreme Court, Ross — the U.S. commerce secretary in the first…

Proprietary trading firm Raven has initiated a strategic funding round at a $90 million pre-money valuation. With backers like Coinbase Ventures and CMCC Global, Raven has secured significant investor attention. Raven operates across crypto, real-world assets, and prediction markets, and is operati…

In her first major public appearance since becoming the UK’s gambling minister, Vicky Foxcroft confirmed the government is preparing a consultation on the Gambling Act’s “aim to permit” rules. Foxcroft added that the consultation would start soon but refused to give a specific date, raising specula…

As part of a broader effort to lure more business from institutional market participants, Polymarket announced today that it hired former Goldman Sachs partner Lisa Mantil as head of institutional growth. In her new role at Polymarket, Mantil, who spent nearly three decades at the largest U.S. inve…

Boyd Gaming sold the former Eastside Cannery site in the eastern Las Vegas Valley for $28.8 million following official approval for a housing project. The gaming operator finalized the transfer of the 29.5 acre parcel located along Boulder Highway at Harmon Avenue on September 10, according to publ…

GamblingNews recently reported that Saracen Casino Resort, а Quapaw Nation-operated property, made the sudden decision to terminate two executive-level employees due to alleged misconduct. The casino has now come forward to announce the appointment of a new chief executive officer. Rod Centers to S…

Pennsylvania businesses housing slot machines disguised as skill games face law enforcement action if the gambling devices are not removed from their premises by Oct. 14, 2026. That’s the date the Pennsylvania Supreme Court’s 120-day stay on its June ruling that skill games are slot machines expire…

Raven, a liquidity provider to prediction markets, recently closed a financing round led by Coinbase Ventures and CMCC Global that values the firm at $90 million. Coinbase Ventures is the venture investing arm of Coinbase Global (NASDAQ: COIN), the cryptocurrency exchange giant with an increasingly…