The embattled casino operator Star Entertainment is weighing up a bid from U.S. gaming giant Bally’s, which would provide a significant $250 million funding injection, in return for a controlling stake in the company.
Star has been in a difficult predicament in recent times, with increasing pressures exacerbating its troubling financial position.
Back in January, the firm was said to be heading...
A new investigation has revealed that Mastercard and Visa have been and still could be processing payments from illegal gambling websites. The new report comes as a rise in gambling scams continues to plague the internet.
The investigation has also revealed that over 140 sites link back to one company in particular. Parts of Soft2bet’s portfolio of partners and websites have been banned in Europe...
President Donald Trump’s tariffs have begun to hit foreign casinos. In a new development, a Canadian regulator has paused purchasing slot machines. The decision also includes video lottery terminals (VLTs) as the Trump administration proceeds with its trade war.
Canada’s Alberta Gaming...
Snaring a Las Vegas residency at one of the city’s famous casino venues is both a sign of an artist’s cultural relevance, as well as proof of how big a draw they are, as the operators fight tooth and nail to attract the biggest stars in the world to bring their fanbases along with them.
Notable recent residencies such as Adele have highlighted that it is possible to bring modern-day superstars in...
Casino players at Choctaw Casinos and Resorts will soon be able to use crypto and digital assets as a new source of funds, thanks to a deal with Bitline, a company that offers casino chip access from cryptocurrency. The deal is the first of its kind in the United States.
According to a report on Intergame, the deal was facilitated by Everi and CashClub. Any player wishing to use crypto as a...
Lottery.com looks set to accelerate its global reach and expansion through the acquisition of the Spektrum Ltd division of PlusEVO.
In an all-stock transaction, the company will take over the aforementioned section of the company, securing key technology to enhance its international market presence.
As part of the deal, Lottery.com will issue 500,000 shares to PlusEVO over 30 months, valuing the...
The Chamber of Deputies has initiated discussions on whether to amend or repeal the gambling sponsorship ban imposed by the Dignity Decree of 2018.
This follows a March 5 endorsement from the Senate’s Culture Commission, which aims to provide financial relief to Italian football clubs struggling under the restrictions.
Although the Senate’s backing signals momentum for change, it does not yet...
A newly introduced bill in Connecticut, SB01464, could lead to the establishment of maximum wager limits for online sports betting, while also positioning the state to join the Multi-State Internet Gaming Agreement (MSIGA) for online poker.
The bill, sponsored by the Connecticut House General Law Committee, was referred to the Senate’s Joint Committee on General Law on March 6, and although the...
Doubts have been cast on the integrity of the lottery draw in South Korea after two bumper jackpot winning tickets came from the same lottery vendor.
We often hear the phrase ‘one in a million’ on the prospects of landing a dream win, but the chances of two winners emanating from the same outlet have been given as 64 trillion to 1.
It is not a surprise that suspicion has followed the March 1...
The UK Gambling Commission (UKGC) has opened consultations on deposit limits following the dialogue on the issue in February.
As part of the British government’s Gambling Review White Paper, it was outlined that operators would need to ensure customers are setting appropriate controls on their gambling accounts.
This stipulation to monitor online spending has been introduced by the Commission to...