The intense battle for control of PointsBet has reached a pivotal moment as MIXI Australia raised its all-cash takeover bid to AU$1.30 per share. This upgraded price will only apply if MIXI secures at least 90% ownership of the company; otherwise, shareholders will receive AU$1.25 per share. Alongside the revised offer, MIXI has extended the deadline for acceptances to August 29, noting that no additional extensions will be...
When the Bangko Sentral ng Pilipinas (BSP) directed e‑payment services to “delink” from online gambling platforms, in-app icons and access points were swiftly removed. Over the weekend, e-wallets like GCash and Maya complied with the order by the August 17 deadline. In the following days, PAGCOR—the Philippine Amusement and Gaming Corporation—observed a 50% decline in online gaming transactions on authorized platforms, signaling an immediate market shift. “From Sunday to yesterday, online gaming transactions...
The Boston Celtics have officially transitioned to new ownership after the NBA’s Board of Governors unanimously approved the franchise’s $6.1 billion sale, the largest in American professional sports history. Bill Chisholm, whose investment group struck the agreement back in March, now assumes the role of team governor. Chisholm, raised in Georgetown, Massachusetts, described the milestone as deeply personal. “This truly...
Manchester United has confirmed a fresh commercial alliance with Parimatch, naming the gaming and entertainment company as its Official Betting Partner across Asia and the Middle East & North Africa (MENA). The multi-year agreement expands United’s commercial reach in two regions where its fan base continues to grow rapidly. As part of the arrangement, Parimatch branding will feature prominently at...
The NBA and the National Basketball Players Association (NBPA) are uniting in support of stricter limitations on proposition betting, a move driven by mounting concerns over game integrity and harassment of athletes. Following multiple gambling scandals that shook the league, officials from both organizations say new restrictions are necessary to protect players and restore trust. The issue reached a boiling...
The Pascua Yaqui Tribe has revealed the name of its upcoming development at 1055 West Grant Road, confirming the project as an expansion of the well-known Casino Del Sol brand. The new property will carry the official title Casino Del Sol, Vahi Taa’am location in Arizona, distinguishing it from the flagship resort on Valencia Road. Scheduled for completion in early 2027, the casino...
The Indian government has unveiled sweeping legislation to reshape the online gaming landscape, proposing strict curbs on real-money gaming while simultaneously promoting e-sports and social gaming. The Promotion and Regulation of Online Gaming Bill, 2025, was introduced in the Lok Sabha by Electronics and IT Minister Ashwini Vaishnaw on Tuesday, August 19, marking a major policy shift in how the country handles one of its...
Reef Casino Trust (RCT), the operator of the Reef Hotel Casino in Cairns, Australia, has confirmed a higher takeover proposal from Iris Cairns Property, part of the Iris Capital group. The revised bid now values the trust at AU$185.3 million (US$119.1 million), with unit holders offered AU$3.72 (US$2.39) per unit in cash. This marks an increase from Iris’s earlier AU$3.55 (US$2.28) per unit offer and...
Novomatic AG, Europe’s largest gaming technology group, has confirmed a new move in its pursuit of full control over Ainsworth Game Technology. On August 20, the company announced an unconditional cash takeover offer of A$1.00 per share for all shares it does not already own, positioning this as its “best and final” proposal. The bid runs alongside the previously disclosed scheme of arrangement, also priced...
The online gambling market in 2025 is more advanced than ever, with slicker interfaces, faster payment options, and a wider range of games. But alongside these improvements comes a growing need for players to protect their personal information. With more data being transmitted between devices and servers, ensuring your privacy is no longer optional — it’s essential for a safe...