Business & M&A

Due to the war in Iran, Wynn Resorts’ (NASDAQ: WYNN) United Arab Emirates (UAE) casino resort project is one of several drags on the gaming stock this year, but some analysts believe the venue will eventually be a significant contributor to share price appreciation. In a new report, Wolfe Research…

Maverick Gaming co‑founder and Las Vegas poker pro Eric Persson is attempting to buy back two struggling Elko, Nev. casinos he once owned, a move he says would keep them open and prevent more than 239 layoffs. The effort involves reacquiring the Maverick Casino Hotel and the Gold Country Inn and Ca…

Brazilian authorities are investigating around 40 online gambling accounts containing unusually large sums over possible links to money laundering and organized crime. The move follows the country’s sweeping ban on sports betting and online casinos. Finance Minister Dario Durigan said some accounts…

Macquarie, one of Australia’s largest banks, remains positive on gaming stocks heading into the Q3 results season, despite gambling companies’ shares falling 12% over the past month. Macquarie Publishes Its Analysis Ahead of Q3 Results According to an October 7 preview note, Macquarie thinks that U…

Industry experts believe the Brazilian Supreme Court’s decision regarding the sudden closure of the country’s regulated gambling sector may come after the nation’s general election. This stance may further sharpen the opposition between President Lula and his opponent, Flávio Bolsonaro, who will li…

Aviator LLC has won an appeal in its long-running legal battle against Spribe after the UK Court of Appeal overturned a High Court ruling in its rival’s favor. In a unanimous October 2 judgment, the court sided with Aviator in connection with earlier legal proceedings in Georgia. The dispute center…

Sportsbook and casino disruptor Midnite has signed a three-year deal with the National Football League (NFL), becoming its official sports betting partner in the UK and Ireland. Thanks to this agreement, Midnite will be able to work on a variety of exclusive NFL-themed experiences. Midnite Will Cat…

The Canadian Lottery Coalition (CLC) has rebranded as the Canadian Alliance for Regulated Gaming (CARG) amid major changes to Canada’s gambling landscape, including the prospect of a competitive online gaming market in Quebec and an anticipated Supreme Court ruling that could reshape how Ontario pl…

Zero-GGR pricing & 100% source code ownership with built-in AI-driven personalization, mobile-first play, and cross-border compliance. TRUEiGTECH, a provider of end-to-end iGaming software development services, today announced an expanded suite of its software offerings designed to help licensees l…

Ahead of the start of third-quarter earnings season, Macquarie analyst Chad Beynon slightly reduced price targets on sports betting stocks, including the marquee duo of DraftKings (NASDAQ: DKNG) and Flutter Entertainment (NYSE: FLUT), but he remains mostly sanguine on the group. Third-quarter resul…

Donald Trump’s ambitions to establish his brand in Macau in the 2000s were hampered by a fast-food business that shared his name, which his lawyer disparagingly described as a “kabob stand.” The dispute became so heated that the future US president appealed directly to Macau’s leader, accusing the…

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The recent Kalshi deal with tribal gaming operator partnerships has expanded to include four additional Native American tribes, highlighting a growing split across Indian country regarding prediction markets. The Kletsel Dehe Wintun Nation, Greenville Rancheria, and Alturas Indian Rancheria in Cali…

Wynn Al Marjan Island has unveiled plans for a 98-berth superyacht marina at its integrated resort in Ras Al Khaimah, giving guests arriving by sea direct access to the property. The marina will accommodate superyachts and megayachts up to 85 metres and is scheduled to open alongside the wider reso…

Hard Rock Bet is seeking to strengthen its position in the competitive U.S. sports betting market with its latest advertising campaign, "After Dark," the third iteration of its Hard Rock Bet Party platform, featuring rapper Fat Joe alongside former NFL figures Jimmy Johnson and Michael Irvin. In an…

SBC aims to attract more than 3,000 representatives from operators in regulated European markets to the new SBC Summit Europe, which will run at RAI Amsterdam from April 19-21, 2027. The company said it will focus on increasing participation from licensed operators across Europe's major regulated j…

Ceuta has established itself as a growing hub for iGaming and technology in Spain, attracting companies with its tax incentives and business ecosystem. At last week’s SBC Summit Lisbon, Yogonet spoke with Enrique Reyes Rodríguez, Managing Director of Ceuta Tax Services, about the city’s growth, its…

Apple and Google removed betting apps from their digital stores in Brazil on Tuesday, as a provisional measure banning fixed-odds betting in the country took effect. Globo Online tracked 15 betting apps that had been legally operating in Brazil since the previous week. While all were available on M…