Month: May 2024

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;
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If you’re an avid online bettor, chances are that you hear about slots fairly frequently. They are the most popular online casino game played by new and experienced bettors, and you’ll find them on most betting websites worldwide. The demand for online slots is so great that even top software providers spend a lot of
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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
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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
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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.
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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
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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
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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
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The Alabama Legislature encountered a stalemate on Thursday, failing to push through highly contested gaming bills on the concluding day of the state’s legislative session. Despite the House’s approval of two bills supporting gaming expansion, they faltered in the Senate, falling short by one vote due to Sen. Greg Albritton’s reversal. House approval, Senate hurdle:
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In a significant development for the sports betting industry, DraftKings announced the acquisition of Sports IQ Analytics, a Vancouver-based company specializing in advanced AI and machine learning for sports betting odds, marking a pivotal moment for both entities. With this acquisition, DraftKings reinforces its commitment to strategic growth and innovation, positioning itself as a formidable
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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
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PlayAGS Incorporated, listed on the New York Stock Exchange under the “AGS” ticker, a prominent gaming supplier known for its high-performing slot, table, and interactive products, has announced the signing of a definitive agreement for its acquisition by affiliates of Brightstar Capital Partners, a middle market private equity firm specializing in investments across industrial, manufacturing,
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Brazil has solidified its tax framework concerning player prizes and winnings within its burgeoning betting market. The Federal Revenue Service (RFB) of Brazil has officially outlined its stance on personal income tax (IRPF) applicable to “net prizes” acquired through betting, lotteries, and online gambling. In line with expectations, the RFB has endorsed the government’s decision
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