News
Head Digital Works to Merge With Adda52 Parent Deltatech Gaming in India
Indian online gaming operator Head Digital Works (HDW) has announced its acquisition of Deltatech Gaming Ltd (DGL), the parent company of Adda52, in a deal worth ₹491 crore. The transaction will unfold in two phases, beginning with HDW acquiring a 51% stake in Deltatech Gaming, followed by the merger of Deltatech Gaming into HDW’s operations. […]
read more
Pennsylvania Gaming Revenue Rises Over 10% in January 2025
In January 2025, Pennsylvania’s gaming landscape showcased impressive financial performance, marking a significant uptick across various gaming and fantasy contest venues. The Pennsylvania Gaming Control Board (PGCB) reported a total revenue of $529,079,052 for the month, reflecting a robust increase of 10.88% compared to January 2024. Diverse contributions to revenue growth: The comprehensive revenue figures span across several gaming […]
read more
Denmark Intensifies Efforts to Promote Responsible Gambling Among Youth
In a proactive move to curb problem gambling among its youth, the Danish Gambling Authority has unveiled a targeted campaign to promote the ROFUS self-exclusion scheme. This initiative arrives amid growing concerns about gambling habits within younger demographics, particularly following revelations that a significant number of young Danish men engage in gambling activities. Understanding ROFUS: Denmark’s self-exclusion program: ROFUS serves […]
read more
Stakelogic Launches Candy Links Bonanza 2 Online Slot With 3125 Ways to Win
Stakelogic has introduced Candy Links Bonanza 2, an exciting follow-up to its 2021 slot game, delivering an enhanced gaming experience filled with sugary visuals, special features, and high-paying rewards. This latest installment builds on the mechanics of the original while introducing new gameplay elements to keep players engaged. The slot operates on two adjacent 5×5 […]
read more
Light & Wonder to Acquire Grover Charitable Gaming for $1.05 Billion
Light & Wonder (L&W) has confirmed a definitive agreement to acquire the charitable gaming assets of Grover Gaming, marking a significant move into the charitable gaming market. The deal, valued at $850 million in upfront cash payments, also includes a potential four-year, revenue-based earn-out of up to $200 million. Subject to regulatory approvals and other […]
read more
Norsk Tipping to be Fined NOK 36 Million for Self-Exclusion System Failure
The Norwegian Lotteries and Gaming Authority (Lotteritilsynet) has announced a potential fine of NOK 36 million (€3.1 million) against Norsk Tipping due to a critical flaw in its iOS gaming app. The error, which surfaced after a January 2024 iOS update, prevented players from using self-exclusion and time-out tools within the mobile application. As a […]
read more
Henderson Approves Expansion for Inspirada Station Casino Project
The Henderson Planning Commission has approved an expansion plan for the Inspirada Station casino site, adding 14.1 acres to the project. The decision, reached in a unanimous 5-0 vote with two abstentions, allows Station Casinos to extend the gaming enterprise district at Via Inspirada and Bicentennial Parkway in the Seven Hills area. The additional land […]
read more
DraftKings Reports Strong 2024 Revenue Growth While Q4 Losses Rise
DraftKings has released its financial results for the fourth quarter and full year 2024, showcasing significant revenue growth alongside increased operating losses. The company reported a total annual revenue of $4.8 billion, reflecting a 30.1% year-over-year increase. However, its net loss for the fourth quarter surged by over 200%, influenced by rising expenses and customer-friendly […]
read more
Mohegan Unveils Strong Fiscal First Quarter Results Amid Strategic Expansions
The Mohegan Tribal Gaming Authority has announced its financial outcomes for the first quarter of fiscal 2025, ending December 31, 2024. The results indicate substantial growth in revenue and successful advancements in both domestic and international markets. Detailed financial performance: This quarter, Mohegan enjoyed a rise in net revenues to $498.9 million, an increase of $73.7 million from the same […]
read more
Texas Legislators Debate New Proposals for Legalizing Casinos and Sports Betting
In Texas, the debate over gambling expansion has been reignited with lawmakers considering two pivotal resolutions, House Joint Resolution 134 (HJR 134) and House Joint Resolution 137 (HJR 137). These legislative proposals aim to fundamentally transform the gambling landscape in Texas by legalizing sports betting and casino gaming respectively. Exploring the resolutions’ objectives HJR 134, introduced by State Representative Sam Harless of […]
read more