News
New Jersey’s April Gaming Report Shows Online Surge, Retail Struggles
New Jersey’s gaming market continued to shift online in April 2025, as internet casino platforms posted substantial gains while traditional casinos and sportsbooks experienced notable declines. According to the latest report from the New Jersey Division of Gaming Enforcement (DGE), total gaming revenue across casinos, racetracks, and their digital partners reached $536.6 million in April, marking a 5% year-over-year increase. Online gambling drives statewide growth […]
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Missouri Confirms Sports Betting Start Date: Launch Set for December 1
Missourians eager to place legal sports bets will have to wait until December 1, 2025, as the Missouri Gaming Commission (MGC) confirmed the state will not meet any earlier launch timeline. Initially hoped to kick off by late summer, the program’s debut was delayed due to the thorough regulatory and licensing process required under state […]
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$827 Million Grand Lucayan Redevelopment Set to Revitalize Grand Bahama
The long-anticipated revival of the Grand Lucayan Resort has taken a significant leap forward, as Concord Wilshire Capital (CWC) signed a Heads of Agreement with the Government of The Bahamas to invest $827 million in the iconic Freeport property. The agreement, finalized on May 14 at the resort, marks a pivotal moment for Grand Bahama’s tourism sector and economic future. Comprehensive resort […]
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Flutter Entertainment Completes $350M Acquisition of Brazilian Operator NSX Group
Flutter Entertainment, the global leader in online sports betting and iGaming, announced on May 14, 2025, the completion of its acquisition of a majority 56% stake in NSX Group, the operator behind the prominent Brazilian sportsbook brand Betnacional. The cash deal, valued at approximately $350 million, marks a significant step in Flutter’s strategy to consolidate its position […]
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Keeping Up with Payment Innovation in Online Gambling
The online casino industry is experiencing a transformation shaped not only by innovation in gaming content but by a race toward faster, safer and more transparent financial systems. As consumer expectations evolve, so do the standards of regulation, payment processing, and platform accountability. One standout trend? The explosive rise of instant banking services, especially in […]
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Novomatic Americas and Cage Puerto Rico II Strengthen Partnership for Puerto Rican Street Gaming Market
NOVOMATIC Americas, a prominent subsidiary of the global gaming technology giant NOVOMATIC, has entered into a strategic long-term partnership with CAGE Puerto Rico II Inc. This deal is set to boost the Puerto Rican street gaming market, further solidifying the two companies’ already successful collaboration in other Caribbean regions. Through the newly concluded Master Sales Agreement, NOVOMATIC […]
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Russia Eyes Major Shift in Casino Oversight With New Inspection Policy
The Russian Ministry of Finance has put forward a proposal that could significantly change how the country’s gambling sector is supervised. Under the suggested reform, licensed bookmakers and casinos operating within designated gambling zones would no longer be subject to regular on-site inspections. Instead, authorities would rely solely on preventive visits to monitor compliance—an approach already used in […]
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NCAA Reportedly Closer to Lifting Ban on Professional Sports Betting
The NCAA is reportedly edging closer to a pivotal change in its stance on sports betting, with a proposal in motion to lift its longstanding prohibition on wagering on professional sports by athletes, coaches, and staff. Enforcement burden and shifting priorities: According to a Sports Illustrated report, momentum is building within the organization, with the Division I […]
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MGM Resorts Reaches New Contract with CEO Bill Hornbuckle, Extending Tenure Until 2028
MGM Resorts International has announced the renewal of CEO Bill Hornbuckle’s contract, ensuring his continued leadership through December 31, 2028. This new agreement also includes a special advisory role for Hornbuckle, who will assist with the company’s integrated resort project in Osaka, Japan, after his tenure as CEO concludes. Continued leadership amid global expansion: The extended […]
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Light & Wonder Posts Strong Q1 2025 Results Amid Global Challenges
Light & Wonder, Inc. (LNW), a global leader in gaming and digital entertainment, reported robust financial performance for the first quarter of 2025, continuing its streak of growth. The company posted consolidated revenue of $774 million, marking a 2% increase from the same period last year. This represents the 16th consecutive quarter of year-over-year revenue growth, a testament […]
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