Business & M&A

VoltPlay has announced that it will present its new crash game, WTF: What’s That Flying?, at SBC Summit 2026 in Lisbon. The game combines fast-paced crash mechanics with a humorous UFO theme, placing players behind the controls of a flying saucer navigating the streets of New York during Independen…

MGM Resorts International is weighing a possible bid for People Incorporated a day after the media company pulled its offer for the casino operator. MGM Eyes People Acquisition After Media Firm Drops MGM Bid MGM could make a bid for People in the coming days, according to people familiar with the m…

Bonnie Blue has revealed she will call her newborn baby BetBolt, after claiming the cryptocurrency casino won the naming rights in an online auction with a GBP1.2 million ($1.6 million) bid. BetBolt Reportedly Pays $1.6M to Name Bonnie Blue’s Baby The adult content creator posted the result on soci…

Casino technology firm LT Game Ltd’s slot game “Burstin’ Chillies” has debuted at Solaire Resort Entertainment City in Manila, a complex controlled by Bloomberry Resorts Corp. Eddie Au, LT Game’s chief operating officer confirmed in response to GGRAsia’s enquiry, that Burstin’ Chillies is one of th…

Fitch Ratings Inc expects Genting New York LLC, operator of casino complex Resorts World New York City (RWNYC), to generate earnings before interest, taxation, depreciation and amortisation (EBITDA) of about US$450 million in 2028, as the property progressively expands its gaming offering. Genting…

From 29 September to 1 October, the ONLYPLAY team will be at SBC Summit Lisbon 2026 in Hall 2, Stand B111. This year, we’re heading to Lisbon a little differently. Over the past six years, ONLYPLAY has grown together with its team, products, partnerships and ambitions. This September, those changes…

Maybank cuts Bloomberry’s 2026 EBITDA forecast by 6% and still expects a loss this year, despite signs of operational stabilization. The post Maybank cuts Bloomberry EBITDA forecasts despite signs of stabilization first appeared on Asia Gaming News | AGB - Asia Gaming Brief.

Slot machine maker Ainsworth Game Technology Ltd has introduced the Raptor A865 (pictured), a portrait-format cabinet with a 65-inch display and technology designed to support the company’s future game portfolio. The new model – which Ainsworth describes as its “largest and most immersive cabinet t…

It is easy to judge a major brand’s presence at an industry conference by what is visible: the size of the booth, the number of people on the team, merchandise, sponsorship activations, parties. Inside the company, however, the economics are far more complex. Ahead of the next edition, the MAC Yere…

Seaport says MGM faces near-term operating weakness after the takeover bid withdrawal, while its Japan project remains unrecognized in market pricing. The post MGM faces near-term weakness as Japan value remains unrecognized: Seaport first appeared on Asia Gaming News | AGB - Asia Gaming Brief.

The hunted may now be the hunter as MGM Resorts International (NYSE: MGM) is rumored to be mulling an acquisition of People Inc. (NASDAQ: PPLI) — the media company that pursued a takeover of the casino giant and is its largest shareholder. Late Thursday, barely 24 hours after Barry Diller’s company…

People Inc could make another offer for MGM Resorts International despite withdrawing its proposal to take the casino group private, says Seaport Research Partners. In a Thursday note, analyst Vitaly Umansky said the media and Internet conglomerate, chaired by Barry Diller, remained “very optimisti…

Real-money skill gaming company Topdog has raised $2.5 million in seed funding as it looks to grow its user base and add more multiplayer games targeted at sports fans and gamers. The company aims to extend its business model by developing a broader portfolio of real-money competitions that can be…

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…

Onlyplay is launching Hyper Play by Onlyplay as a dedicated product initiative within the company. It will focus on formats that could help shape the next phase of iGaming and, over time, evolve into genres and subgenres in their own right. Hyper Play is a strategic initiative focused on developing…

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…

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…

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…