Month: February 2025

International Game Technology (IGT) is undergoing a significant transformation as Apollo Global Management proceeds with its $6.3 billion acquisition of the company’s gaming and digital business. The transaction, which also includes Everi Holdings, is expected to close by the third quarter of 2025, pending regulatory approvals. Once finalized, Apollo will establish a new Las Vegas-based
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U.S. President Donald Trump has signed a memorandum directing the Committee on Foreign Investment in the United States (CFIUS) to impose new investment restrictions on countries deemed “foreign adversaries,” a list that includes China, Hong Kong, and Macau. The policy, titled the “America First Investment Policy,” aims to curb foreign investments that could threaten U.S.
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Lawmakers in Stuttgart have approved the regulation of certain online casino games, making Baden-Württemberg the third German state to legalize state-run virtual blackjack and roulette. The decision follows similar measures adopted by Bavaria and Schleswig-Holstein in 2024 and aligns with the German Interstate Treaty on Gambling, which came into effect in 2021. The treaty allowed
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CIRSA announced its strongest financial performance to date for 2024, with operating profits reaching a record €699 million ($734.4 million). This achievement marks the third consecutive year of record-breaking results since Blackstone acquired the Spanish gaming company in 2018. The firm reported an 8% increase in revenue year-over-year, with total revenues climbing to €2.15 billion
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The International Gaming Standards Association (IGSA) has unveiled its 2025 Board of Directors. Officially formed in 1998, the International Gaming Standards Association works to develop standards for the benefit of the gaming industry. In 2024, IGSA restructured its membership levels, leading to a surge in renewals and new members. After the election of IGSA’s new Board
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The Malta Gaming Authority (MGA) is enhancing its regulatory oversight in 2025 to strengthen supervision of the online gaming sector and improve transparency. The regulator said it is enhancing its risk-based framework into a more evidence-driven and outcomes-focused model. The shift aims to improve risk assessment, optimize resource allocation, and create a more proactive regulatory
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Hawaii’s push to legalize online sports betting is gaining momentum as HB 1308 advances to the House floor following approval from the Finance Committee. However, the proposal has not secured unanimous support, with some lawmakers voicing concerns over regulation, tax rates, and potential social risks. On February 24, the House Finance Committee approved HB 1308 with
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There’s always something new in Sin City! This week we’re taking a look at five new Las Vegas attractions ready to open this year! From action to adventure, and from comedy to horror, there’s something for everyone! [embedded content] On our last program, we spoke about all the renovation work going on at Las Vegas
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Following the conclusion of the Eastern European Gaming Summit’s (EEGS) inaugural webinar for the year, titled “Rolling the Dice on AI: How Artificial Intelligence is Reshaping the Gaming Industry,” attendees can now access the video on demand to revisit the insightful discussions and key takeaways. The event, held on February 19, featured a panel of industry
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Resorts World Las Vegas has appointed Carlos Castro as its new Chief Operating Officer (COO) and Chief Financial Officer (CFO), marking the latest in a series of executive changes as the casino-hotel navigates regulatory challenges.   Castro, whose tenure began last week, brings extensive experience from Hilton Hotels, Caesars Entertainment, and MGM Resorts International, where
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In a major regulatory move on Monday, the Texas Lottery Commission announced plans to ban lottery ticket courier services, a decision prompted by a recent $83.5 million jackpot win that has raised concerns among state officials. Executive Director Ryan Mindell stated that under Texas law, these courier services companies, which accept lottery orders via apps or websites
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