Latvia has revealed a substantial restructuring of its gambling sector as part of the 2026 state budget, which includes sharp tax increases and the integration of gambling oversight into the country’s tax administration. The decision, confirmed by Finance Minister Arvils Ašeradens, aims to streamline the regulatory process and boost revenue for essential state priorities. The changes, originally scheduled for 2027, have been...
Allwyn International has struck a landmark agreement to buy a controlling stake in PrizePicks, marking its boldest move yet into the U.S. sports and entertainment market. The multinational lottery operator confirmed it will acquire roughly 62.3% of the Atlanta-based daily fantasy sports (DFS) company for $1.6 billion in cash, giving PrizePicks an upfront enterprise value of $2.5 billion. If future...
Virgin Bet has revealed a landmark sponsorship agreement with TNT Sports, marking its debut in football partnerships by backing the broadcaster’s exclusive coverage of the UEFA Europa League and UEFA Europa Conference League for the 2025/26 campaign. Running from September 2025 until May 2026, the collaboration will place Virgin Bet branding across TNT Sports’ linear programming, digital platforms, and nationwide out-of-home promotions, including pubs. The partnership...
The Virginia Racing Commission has given Churchill Downs the go-ahead to open its controversial Roseshire Gaming Parlor in Henrico County, voting unanimously to approve an operating license despite consistent opposition from local leaders and residents. The decision clears the way for the facility to open its doors on September 29, 2025, at the Staples Mill Shopping Center. The venue, branded as an upscale version of Rosie’s Gaming Emporium, will...
Paradise Co. Ltd., South Korea’s leading foreigner-only casino operator, is expanding its footprint in Incheon with the acquisition of the Grand Hyatt Incheon’s West Tower. The company confirmed on September 23 that its subsidiary Paradise SegaSammy Inc. will purchase the asset from KAL Hotel Network, a Hanjin Group affiliate, for KRW210 billion (approximately US$151 million). Expanding Capacity at Paradise City The deal, expected to close by October...
Record Month Highlights Industry Momentum New Jersey’s gambling market posted another strong performance in August 2025, with the Division of Gaming Enforcement (DGE) reporting $642.2 million in total gaming revenue. The figure marked a 15.7% increase compared with August 2024 and included contributions from Atlantic City casinos, online gaming, and sports wagering. Brick-and-mortar casinos in Atlantic City generated $311.9 million,...
Nebraska’s ongoing debate over online sports betting is set to shift from the legislature to the ballot box. Following repeated failures in the state Senate to pass legalization measures, casino operators and advocacy groups are preparing a signature campaign that could place the issue directly before voters in the 2026 general election. The proposed referendum would amend Nebraska’s constitution to authorize licensed racetracks to...
Efforts to bring a casino to the heart of Manhattan officially ended this week after the final remaining proposal, the Freedom Plaza development on the East River, was voted down by a state-commissioned community advisory committee. The six-member panel rejected the bid 4-2, with representatives chosen by Governor Kathy Hochul and Mayor Eric Adams supporting the plan, but lawmakers’ appointees...
College Township officials have released the findings of their long-anticipated local impact study on the proposed Happy Valley Casino, slated for the former Macy’s site at the Nittany Mall. The results highlight potential financial gains and job creation while acknowledging lingering questions about possible social consequences. The study, carried out by Convergence Strategy Group, was presented to township council and...
DigiPlus Interactive Corp., the operator of BingoPlus, ArenaPlus, and GameZone, is facing heightened market attention following reports that it could purchase a controlling interest in City of Dreams Manila from Melco Resorts & Entertainment. While speculation intensifies, the company emphasized in a disclosure on Friday that no binding deal has been reached. “The company continues to evaluate potential acquisitions that...