Billionaire businessman Tilman Fertitta is reportedly negotiating a potential acquisition of casino operator Caesars Entertainment in a deal that could reach roughly $7 billion, surpassing a competing proposal from investor Carl Icahn. The discussions place one of the largest U.S. gambling companies at the center of a possible takeover contest. According to reports, Fertitta’s holding company, Fertitta Entertainment, has been...
Greece’s national bioethics advisory body has urged authorities to adopt stronger safeguards aimed at reducing gambling exposure among minors. The Hellenic National Bioethics and Technoethics Commission released a recommendation outlining measures designed to address rising concerns about youth engagement with digital betting platforms. Advertising Exposure and Media Restrictions The commission highlighted the rapid growth of online betting and gambling applications as a...
The World Poker Tour has delayed a scheduled tournament festival at The Lodge Card Club in Texas after authorities conducted a law enforcement operation at the venue earlier this week. The WPT Wildcard: Wacky Weekend of Poker event, which was set to take place March 13–15, will now occur at a later date as organizers await further developments related to...
Maryland lawmakers are once again evaluating whether online casino gaming should become legal in the state, with a proposal that supporters say could generate significant tax revenue while opponents warn about potential harm to existing casino operations and local jobs. Sen. Ron Watson has introduced Senate Bill 885, a measure designed to authorize online casino and online bingo gaming under the oversight...
A fintech company headquartered in São Paulo, Brazil, has taken a leading position in the competition to operate the state lottery of Mato Grosso do Sul, known as Lotesul. Idea Maker Meios de Pagamento e Consultoria advanced in the bidding process after the technical disqualification of a competing bidder and now moves toward the final stages of the selection procedure....
Penn Entertainment plans to open a new hotel tower at Hollywood Casino Columbus on June 12, expanding the property’s hospitality offerings and adding hundreds of rooms to the gaming destination. The launch remains subject to standard regulatory approvals. The addition introduces a 203-room hotel as part of a large expansion at the casino complex on the west side of Columbus,...
The American online casino market continues to thrive, and that’s certainly the case in Pennsylvania. The latest numbers coming out of the state show a significant increase, year on year, when it comes to gross gaming revenue. Revenue for the month of January 2026 reached $316.2 million, and while that’s actually a dip from the previous month, it shows an...
Finland’s state-owned gambling operator Veikkaus reported a decline in profit during 2025, though the company still surpassed its financial targets for the year. The results came as the group invested more heavily in business development and prepared for significant regulatory changes expected to reshape the Finnish gambling market. The company recorded total revenue of €936.3 million for 2025, compared with...
The Dutch gambling regulator Kansspelautoriteit (KSA) has imposed its largest financial penalty to date on the operator Novatech for offering online gambling services to players in the Netherlands without a license. Authorities determined that the company ran several websites that allowed Dutch users to sign up and gamble despite lacking permission to operate in the country. The regulator issued a...
Macau’s gaming industry has continued its recovery with a substantial increase in revenue for 2025, reinforcing its position as a key contributor to the city’s public finances. According to official figures released by the Financial Services Bureau, gaming tax revenue reached MOP94.86 billion (approximately US$11.9 billion) in fiscal year 2025, marking a 7.63% year-on-year increase. This growth was largely driven by an...