DraftKings has finalized a deal to acquire odds maker and player prop provider Sports IQ Analytics. The business leverages artificial intelligence and machine learning in developing its software solutions for the online sports betting market. The acquisition has been confirmed by Sports IQ CEO Omer Dor through a LinkedIn post although some details, including financial terms,
Industry
Gaming and hospitality company Golden Entertainment has reported a first-quarter net profit of $42 million, more than three times the $11.6 million posted in the year-ago quarter. This is despite a sharp decline in revenue at $174 million as against the $278.1 million posted in Q1 last year following a series of asset sales.
Eagle Mountain Casino in Porterville, California, has announced the launch of 24/7 table game operations, coinciding with the one-year anniversary of its new location. The expansion means guests can now play table games such as Blackjack, Spanish 21, Free Bet Blackjack, Tri-Lux Blackjack, 3-card poker, 4-card poker, and Ultimate Texas Hold’em at any time of the
Many Las Vegas casinos are changing the rules for slot ticket redemption in a way that could hurt you if you’re not careful. And while not much feels better than winning on a slot machine after a long session, nothing would feel worse than finding out that ticket expired. Yes, expired… and with it your
In a new installment of their analysis on the current political situation of the gambling sector in Mexico, attorneys Alfredo Lazcano and Andrea Avedillo, of the law firm Lazcano Sámano S.C., focus on the actions of the Secretariat of the Interior (SEGOB) regarding the problem of gambling. Part 3: Awaiting a new law Let us
Gaming events organizer Gaming & Technology Expo (GAT Events) highlighted the success of the GAT Expo Cartagena event, held from April 9 to 11, and announced that the next stop of its events schedule for the Latin American gaming sector will be GAT Showcase Bogotá, set to take place on September 6 in the Colombian capital. Regarding
Las Vegas Sands has contributed $100,000 through its Sands Cares program to Dress for Success (DFS) Southern Nevada. The donation seeks to support the organization’s free business styling and workforce development services for women who are unemployed and underemployed. Funding is focused on organizational capacity building in the areas of job readiness, career coaching and mentorship;
El Cortez Hotel & Casino, one of downtown Las Vegas’ oldest casinos, is set to undergo a significant $20 million renovation. Scheduled to commence this summer, the renovation project will encompass several enhancements aimed at modernizing the establishment. Among the planned additions are a high-limit slot room, two new bars, a restaurant, and a coffee
PayBrokers, a company specializing in payment solutions for the Brazilian market, has announced its participation in the game Automobilista 2, available on the Steam platform. It is an official game of the Stock Car category, where a driver sponsored by PayBrokers, Zezinho Muggiati, participates. As it happens on real tracks, the brand appears on the racer’s car, marking
Gaming products and services provider PlayAGS announced Thursday that it is being acquired by affiliates of middle-market private equity firm Brightstar Capital Partners in a $1.1 billion deal. The transaction is expected to close in the second half of 2025. The company’s Board of Directors has unanimously approved and recommended that the company’s stockholders approve the agreement.
Century Casinos has released its financial results for the first quarter of 2024, announcing a mixture of performance metrics amidst operational challenges. For Q1, Century Casinos reported net operating revenues of $136.0 million, marking a 25% increase from the same period in 2023. However, earnings from operations witnessed a drop of 55%, amounting to $8.3
iGaming platform provider Uplatform reflected on its successful SIGMA Americas participation, a major three-day-long Latin American industry event that took place in São Paulo, Brazil, from April 23rd to 25th. “The SiGMA Group orchestrated a remarkable industry convergence, drawing together Latin America’s leading suppliers, operators, and affiliates for a vibrant exchange of ideas and innovations. Uplatform’s
In the dynamic world of casino gaming, regulatory compliance is paramount. Online and land-based operators and suppliers must adhere to a multitude of standards established by gaming regulators to ensure fairness, security, and integrity in their operations. To meet these rigorous requirements, gaming companies turn to trusted laboratories like BMM Testlabs. Renowned for its expertise
The Chickasaw Nation has held a ribbon-cutting ceremony for its Lakecrest Hotel and Casino’s grand opening. The casino is located on State Highway 70, minutes from Lake Murray in South Central Oklahoma. The complex features a 70,000-square-foot casino with more than 1,000 electronic games and eight table games. It also houses a boutique, coffee shop,
Sportsbet, an Australia-facing betting platform owned by Flutter Entertainment, has appointed Michael Foster as its new Chief Information Officer (CIO). Foster steps into the role after having spent seven and a half years at Sportsbet in various capacities, including General Manager of Enterprise Technology and General Manager for Customer Experience Delivery. Before joining Sportsbet, Foster worked
Fanatics Betting and Gaming has launched its Fanatics Sportsbook & Casino product in New Jersey. Sports bettors living in and visiting New Jersey are now able to download the Fanatics Sportsbook app on iOS and Android. With this launch, the Fanatics Sportsbook is now available to approximately 95% of the addressable online sports bettor market
Due to sustained interest in registering past the original deadlines set by the Malta Gaming Authority (MGA), the regulator has extended the sign-up period for ESG reporting as outlined in the Voluntary ESG Code of Good Practice for the Remote Gaming Sector in Malta. The code serves as a specialized framework with the goal of
Casino and sportsbook platform provider Soft2Bet announced that its Denmark and Sweden gaming brand Betinia has been shortlisted in five EGR Marketing and Innovation Awards categories. The awards are set to take place at The Roundhouse in London on June 13th. The company says that the nominations are “a recognition of the incredible work that has
The Professional Golfers’ Association of America (PGA) is partnering with the American Gaming Association (AGA)’s Have A Game Plan. Bet Responsibly public service campaign to promote responsible sports wagering. Announced ahead of the 2024 PGA Championship —May 16th-19th at Valhalla Golf Club in Louisville, Kentucky— the partnership will feature co-branded responsible gaming content, educational materials, and
IGT Global Solutions Corporation, a subsidiary of International Game Technology (IGT), has signed a five-year contract with the Atlantic Lottery Corporation to implement high-performing features and new games for players in Atlantic Canada. As part of the agreement, IGT will deploy its advanced cloud-based remote game server (RGS) and at least 16 digital instant games each year. The