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...
The announcement was made Monday by Secretary for Economy and Finance Tai Kin Ip following a cross-departmental meeting led by Chief Executive Sam Hou Fai. Ragasa, described by the Macao Meteorological and Geophysical Bureau as a “super typhoon,” is expected to strike most forcefully on Tuesday and Wednesday, September 23 and 24. Casino Closures and Worker Safety Tai Kin Ip, whose portfolio oversees the casino...
The Thai Senate is preparing to deliberate a committee report that calls for the rejection of the previous government’s controversial casino-entertainment complex bill. Although the bill itself has already been withdrawn from the House and the Paetongtarn Shinawatra administration has since left office, the scheduled debate will move forward with the report’s findings, reflecting the strong concerns voiced within the Senate. Casino Bill Withdrawn but...
The UK’s Competition and Markets Authority (CMA) has ruled that Spreadex’s 2023 acquisition of Sporting Index’s consumer business eliminated the only rival in the country’s licensed online sports spread-betting market. Following a renewed review, the watchdog concluded that the deal “substantially lessens competition” and that divestment is the only effective fix. Spreadex, which maintains the target was a failing firm and the decision “entirely disproportionate,” says it is reviewing its...
Live88, an award-winning supplier of live casino content, has expanded its offerings with the launch of blackjack tournaments, a feature designed to bring heightened excitement, strategy, and player-versus-player competition to its portfolio. This latest rollout underscores the provider’s focus on combining innovation with entertainment and adds a new dimension to live casino experiences. New Competitive Formats for Players The tournaments are...
Mets owner Steve Cohen’s $8 billion vision to build a casino-entertainment complex next to Citi Field is gaining traction, particularly after two prominent Manhattan projects were turned down. In partnership with Hard Rock International, Cohen has presented “Metropolitan Park” as a transformative development for Queens, combining gaming with hotels, restaurants, and community spaces. Manhattan Bids Rejected, Queens Proposal Advances Earlier this week, siting boards dismissed...
Intralot S.A. has confirmed the completion of a significant financing arrangement worth €660 million to help fund its previously announced acquisition of Bally’s International Interactive. The company revealed that the funding will consist of two main loan facilities: a €460 million six-year senior secured term loan from institutional lenders, and an additional €200 million four-year amortizing loan provided by a...
India’s decision to outlaw online gambling has upended a multibillion-dollar industry, sent shockwaves through the sporting world, and left millions of players seeking alternatives abroad. While the law aims to curb addiction and financial harm, critics argue it will instead drive gambling further into the shadows of unregulated overseas markets. Last month, parliament enacted the Promotion and Regulation of Online...
FanDuel Group, one of North America’s most recognizable online gaming companies, has secured a new pathway for its sports betting and online casino services in West Virginia. On Thursday, the Flutter Entertainment-owned brand announced a fresh market access agreement with Delaware North, a global leader in hospitality and entertainment. This collaboration brings together Delaware North’s decades of gaming and hospitality...