Light & Wonder, Inc. has concluded a remarkable fiscal year with outstanding achievements across all sectors, cementing its commitment to achieving its 2025 financial goals. In 2024, the company reached a milestone with record consolidated revenue of $3.2 billion, a 10% increase attributed to robust performance throughout its operations. The gaming division excelled with revenues of $2.1 billion, a significant rise of 12%, spearheaded...
The Kewadin Casinos, owned and operated by the Sault Ste. Marie Tribe of Chippewa Indians, are preparing to reopen after a cyberattack earlier this month forced the closure of all five locations. The reopening process will occur in stages, beginning Wednesday at noon with the casino in Sault Ste. Marie. Tribal Chairman Austin Lowes, quoted by Detroit Free Press, acknowledged the...
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 gaming entity under the IGT...
oxProcessing, a recognized player in crypto payment solutions, partners with visionary artist Pokras Lampas for a standard-setting collaboration at SiGMA Eurasia 2025, scheduled from February 23-25, 2025, in Dubai. At the heart of this partnership is 0xProcessing’s booth, designed by Pokras Lampas—an impressive fusion of industrial aesthetics with organic, natural elements. “I was inspired by the poetic manifesto ‘Love, Luck,...
The world of gambling has undergone a massive transformation over the past few decades. With the advent of the internet, online casinos have risen to prominence, offering players the convenience of gambling from the comfort of their own homes. This ease of use has left many wondering whether traditional brick-and-mortar casinos can keep up with their digital counterparts. As we...
Missouri’s sports betting launch, initially expected in early summer 2025, has been postponed after the state’s proposed emergency regulations were rejected. The Missouri Gaming Commission (MGC) announced that it will now proceed with standard rulemaking procedures, delaying the implementation of legalized wagering until at least August 30, 2025. The primary reason for the delay stems from Secretary of State Denny...
The championship game of the 4 Nations Face-Off between Canada and the United States became the most-bet hockey event in legal betting history. Canada secured a 3-2 overtime victory in Thursday night’s final, capping off a tournament that significantly exceeded betting expectations. Leading sportsbooks, including BetMGM, DraftKings, and FanDuel, reported that the title game attracted more wagers than any previous...
January offered a complex financial landscape for Louisiana’s gaming industry, as reported by the Louisiana State Police Gaming Audit Section. The month saw fluctuations across different sectors, from riverboat casinos to mobile sportsbooks, each presenting its own set of challenges and gains. Riverboat casinos navigate financial currents: The state’s 14 riverboat casinos amassed $138.6 million in adjusted gross receipts. This figure represents an 8.6% decrease from...
Step into the enigmatic world of Eternal Dusk, a captivating video slot game developed by Slotmill. This game invites players into a shadowy realm where mystery and fortune intertwine on a 5×4 grid with 30 bet lines. Offering a maximum win potential of up to 10,000 times the bet, Eternal Dusk blends ancient myths with modern slot mechanics to deliver an exhilarating gaming experience. Dynamic gameplay and winning...
In a significant policy shift, the Texas Lottery Commission announced it will prohibit courier services from purchasing lottery tickets, reversing its longstanding stance of non-intervention. This change was disclosed by Ryan Mindell, the Commission’s executive director, amidst growing scrutiny and pressure from state officials. Policy shift and legislative actions: Since 2016, the Commission has claimed it lacked the authority to regulate third-party courier services that facilitate...