News

The French gambling giant La Francaise des Jeux SA (FDJ) has announced its intention to buy the Swedish online gaming operator Kindred Group Plc for 27.95 billion kronor ($2.7 billion) in cash. The deal, which is expected to be completed by the end of the year, will create a European gaming champion with a strong…

Florida regulators have ordered three fantasy sports operators to stop offering their services in the state by March 1, citing violations of the state’s gambling laws. The operators are Underdog Fantasy, PrizePicks, and Betr, which offer pick’em-style contests that resemble proposition betting. The Florida Gaming Control Commission (FGCC) sent cease-and-desist letters to the three companies…

The Concord Casino, a charitable gaming venue owned by former state senator Andy Sanborn, is up for sale after being ordered by state officials to close down and find a new buyer. The casino, which was accused of fraudulently obtaining and misusing federal COVID relief funds, has been suspended from operating for at least six…

Ontario has become the first province in Canada to launch a regulated online gaming market, opening up new opportunities for operators and players alike. The new market, called iGaming Ontario, is overseen by a subsidiary of the Alcohol and Gaming Commission of Ontario (AGCO) and aims to provide a safe and legal alternative to the…

DraftKings, the leading online sports betting and gaming company in the US, has announced its acquisition of Jackpocket, the first and only licensed lottery app in the country. The deal, worth $750 million, is expected to boost DraftKings’ revenue and customer base, as well as enhance its position in the online gaming industry. What is Jackpocket…

The MGM Grand Las Vegas, one of the largest and most iconic resorts on the Strip, is holding off its remodeling plans until the final designs for the Oakland A’s stadium are revealed. The resort wants to create a connection between its main entrance and the $1.5 billion ballpark, which is expected to be built…

The SBC Summit Rio, the largest event for the betting and gaming industry in Latin America, will host a special meet-up for sports teams and sponsors on March 6. The meet-up, called SBC Resenha FC, will take place at the Pragmatic Play Networking Bar and Lounge, and will offer an exclusive opportunity for delegates to…

The Brazilian online gambling operator Betnacional has announced a new deal with Pragmatic Play, one of the leading content suppliers in the iGaming industry. The agreement will allow Betnacional to access Pragmatic Play’s diverse portfolio of games, including slots, live casino, and virtual sports. Pragmatic Play Strengthens Its Foothold in Latin America Pragmatic Play has been…

Yggdrasil, a leading publisher of online casino games, has teamed up with Bang Bang Games, a provider of quality online slots, to launch a new game that combines the popular DoubleMax mechanic with a cluster-pays system. The game is called The Runemakers DoubleMax, and it promises to deliver thrilling gameplay and massive wins. What is The…

Nevada’s casino industry had a remarkable year in 2023, breaking its own revenue records for the third consecutive year. According to the Nevada Gaming Control Board, the state’s 300 casinos that grossed $1 million or more in gaming revenue generated a combined net income of $3.4 billion from total revenues of $27.4 billion. This represents…