Sri Lanka’s Cabinet of Ministers has given its approval for the establishment of an independent Gambling Regulation Authority. The body is set to operate with a comprehensive mandate to oversee and standardize the gambling industry. The move’s ultimate aim is to minimize social harm, foster the tourism industry, and stimulate economic growth, according to authorities.
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IGT PlayDigital is bringing its Whitney Houston Slots to eight iGaming markets throughout Europe. The game includes, which comes with four jackpot levels, features Whitney Houston photos and videos, along with her chart-topping songs ‘I Wanna Dance with Somebody (Who Loves Me),’ ‘How Will I Know,’ ‘Greatest Love of All,’ and more.  “IGT’s Whitney Houston Slots
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iGaming content provider Galaxsys announced that one of its latest game releases, Tower Rush, has been named “Best New Game 2025” at the recently-concluded AIBC Eurasia Awards. The AIBC Eurasia Awards celebrated innovation and excellence across the iGaming industry in late February, recognizing the year’s top performers.  Galaxsys said that it is “proud to be among
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The Big Fresno Fair has decided to postpone all live horse racing in 2025, citing ongoing uncertainties within California’s horse racing industry. The fair’s Board of Directors and Fair Management announced the decision, highlighting concerns over the availability of horses, increased financial risks, and the absence of a cohesive racing management structure for Northern California
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Star Entertainment Group Ltd. has witnessed a significant downturn, with its shares tumbling over 15% after trading resumed following a brief halt. The company, ensnared in grave financial difficulties, is actively seeking solutions, including considering a substantial $650 million rescue proposal from Oaktree Capital Management. This effort is crucial as the company stands on the precipice of potential bankruptcy.
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Melco Resorts & Entertainment Limited, a prominent player in the integrated resort sector in Asia and Europe, is currently assessing various strategic alternatives for its Philippine venture, City of Dreams Manila. This review is part of a broader strategy to realign Melco’s asset portfolio in response to changing market dynamics and corporate objectives. Exploring new opportunities:
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In a notable legal confrontation within the casino gaming industry, The Talisman Group, LLC, known for its creation of the no-commission baccarat game EZ Baccarat, achieved a pivotal victory in its ongoing legal tussle with LNW Gaming, Inc., a subsidiary of the major gaming entity Light & Wonder, Inc. This legal battle, adjudicated in the Eighth Judicial District Court of Clark County,
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Grupo Orenes has installed Zitro’s new CONCEPT cabinet line at Caliente Casino Querétaro in Mexico. “This new addition is performing spectacularly well in international markets and is now also showing impressive results at their casino in Santiago de Querétaro,” said the gaming provider.  Among the line’s main features, CONCEPT’s Magic Lighting system provides a “spectacle of lights”
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Florida lawmakers have introduced legislation aimed at banning sweepstakes gambling, including internet casino games and online sports betting, in a move that would tighten gambling regulations in the state while maintaining the Seminole Tribe’s exclusive gaming rights.   Two bills, HB 953, introduced by Rep. Webster Barnaby (R-29), and SB 1404, introduced by Sen. Corey
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Penn Entertainment reported fourth-quarter revenue of $1.4 billion, with adjusted EBITDAR reaching $461.2 million and a margin of 33.1%. While the company showcased financial stability in its core operations, its interactive segment, which includes ESPN Bet, continued to report losses, raising questions about the long-term viability of the partnership. Despite the challenges, Penn Entertainment announced
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The Philippine gaming industry is expected to experience another year of record-breaking revenue in 2025, with Gross Gaming Revenue (GGR) projected to rise by 17%, reaching between PHP450 billion and PHP480 billion ($7.8 billion to $8.3 billion), according to PAGCOR Chairman Alejandro Tengco. The Philippine Amusement and Gaming Corporation (PAGCOR) reported that the industry’s GGR
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European Gaming and Betting Association members are highly compliant with minor protection measures in traditional advertising channels, according to the EGBA’s latest monitoring exercise of its pan-European responsible advertising code. However, the association has identified areas for improvement on social media. The key findings were part of the association’s second monitoring exercise, conducted by the
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