Caesars Entertainment reported mixed third-quarter financial results, highlighting continued growth in its digital operations and a steady performance in adjusted EBITDA, but also a net revenue dip due to competitive pressures and new construction. The company also disclosed strategic asset sales and refinancing steps to bolster its 2025 outlook. For the third quarter ending September 30,
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Gaming provider Zitro announced that its Fu Frog game has arrived at the Papiro gaming hall in Villaverde del Río, Sevilla, amid the product’s ongoing expansion in Spain. According to Zitro, with its innovative gameplay, Fu Frog “sets a new entertainment standard” in Spanish gaming halls. The game introduces three features: one that multiplies the
HIPTHER Agency announced that voting is now open to select the Top 50 Speakers of 2024. The voting will select the most impactful thought leaders from the European Gaming Congress, Prague Gaming & TECH Summit, and MARE BALTICUM Gaming & TECH Summit in Tallinn, Estonia. “These summits gathered the brightest minds from the iGaming, technology, and digital
iGaming solutions provider Slotegrator has confirmed its presence at the SiGMA Europe show, to take place in Malta from November 11-14. The exhibition is expected to serve as a major networking hub for over 25,000 exhibitors, including 6,500 operators and affiliates, gaming and payment solution providers, regulators, and investors. Company representatives will be present at Booth
Caesars on Tuesday announced the closing of the sale of its intellectual property rights for the World Series of Poker (WSOP) brand to NSUS Group (NSUS), operator of GGPoker. The transaction includes $250 million in cash and a $250 million promissory note due five years after the transaction’s closing secured by the WSOP intellectual property assets
SBC Summit Latin America 2024 opens its doors today and prepares for its last edition at the Seminole Hard Rock Hotel & Casino. The event, which runs through October 31, is expected to bring together 4,000 visitors and will include highlights such as a keynote speech by soccer legend René Higuita and a networking party
Caesars Entertainment announced on Tuesday an agreement to sell the LINQ Promenade to a joint venture involving TPG Real Estate and Acadia Realty Trust’s Investment Management Platform for $275 million. The transaction, pending regulatory approvals, is expected to close in the fourth quarter of 2024. “The sale of the LINQ Promenade represents an accretive, non-core
Nevada casinos posted a $1.3 billion gaming win in September, marking a 3.3% increase from the same period last year, but volatility in baccarat earnings led to a 1.8% decline on the Las Vegas Strip, the Nevada Gaming Control Board reported Tuesday. In contrast to the Strip’s decline to $727.7 million, downtown Las Vegas registered
The Illinois Gaming Control Board has temporarily suspended some NFL prop wagers after the league wrote to the regulator requesting changes. The letter lists ten betting markets the league has petitioned the Board to officially prohibit. In an October 24 order, IGB Administrator Marcus Fruchter temporarily suspended the impacted markets until the regulators can potentially meet and discuss
BetRivers has unveiled PropPacks, a new digital game inspired by the experience of buying a pack of player cards to see which professional athletes are inside. Announced by Bet Rivers’ parent Rush Street Interactive (RSI) on Monday, the new game comes in time for the new NBA season and seeks to appeal to both seasoned bettors
Gaming provider Zitro has announced the launch of its new CONCEPT cabinet line, which seeks to combine modern design with functionality. The series includes three form factors: Concept Prime with a 55″ screen, Concept Prime-J with a 55″ curved screen, and Concept Deluxe with three 32″ screens. “Each cabinet offers incredible features that promise to
Gaming technology giant Novomatic has inaugurated its largest photovoltaic (PV) system in Lower Austria, covering a 20,000-square-meter rooftop at the company’s headquarters in Gumpoldskirchen. This extensive PV installation was officially commissioned in a ceremony attended by Lower Austrian Governor Johanna Mikl-Leitner, Novomatic’s Executive Board, and Gumpoldskirchen Mayor Ferdinand Köck. The new solar facility, with more
Less than two weeks ago, G2E Las Vegas gathered over 25,000 executives from around the world. While the event, deemed by many a success, concluded on October 10th, the impact of it continues to resound among its attendees. During the expo, Yogonet sat down for an interview with Noah Acres of Acres Manufacturing, who spoke about how
BetConstruct ended SBC Summit 2024 in Lisbon on a high note, showcasing innovative projects and solutions. On the final day of the summit, Beatriz Melges, Regional Director for BetConstruct in Brazil, sat down with Yogonet to discuss the changing landscape of Brazil’s regulated betting market. In this interview, she touched upon the challenges and opportunities
The Dutch Association of Mental Health and Addiction Care (De Nederlandse ggz) is calling for an outright ban on online gambling advertising, arguing that even limited exposure poses significant risks for young people and those vulnerable to addiction. The Netherlands partially banned gambling advertising in July, prohibiting ads across traditional media such as television, radio,
Is Bally’s Las Vegas set to return to the Strip? It sure looks that way! And we have new renderings of what that resort could look like, along with the baseball stadium they plan to build right next door. But first, Delano Las Vegas will soon be no more! But don’t worry, they’re not tearing
Political risks are escalating for foreign gaming operators in Macau due to increased regulatory oversight from China, according to a recent report by consulting firm Steve Vickers and Associates (SVA). The appointment of Sam Hou Fai as Macau’s Chief Executive in October 2024 marks a shift toward tighter state control, mirroring Beijing’s push for “common
Golden Entertainment has named Skylar Dice as senior vice president and general manager of The STRAT Hotel, Casino & SkyPod. In this new role, Dice will lead all aspects of the resort’s operations, overseeing its 2,427-room hotel, 80,000-square-foot casino, and the tallest freestanding observation tower in the U.S. Dice first joined The STRAT in 2021
The Eastern European Gaming Summit (EEGS) has unveiled the official program for its 2024 edition, set to take place at the Inter Expo Center in Sofia, Bulgaria on November 27-28. The event will gather experts and pioneers to share insights, regulatory updates, and tech developments shaping the gaming industry. Among the topics that EEGS will explore is the future
Philippine gaming regulator PAGCOR announced on Tuesday that it generated revenue of PHP 79.43 billion ($1.36 billion) for the first nine months of 2024, a figure that marks a 42% increase over the same period last year. According to the report, revenue for the third quarter reached its highest for the year at PHP 27.7 billion ($475