Tag Archives Entertainment

Inspired Entertainment Incorporated debuts new Vegas Cash Spins video slot

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Only a week after launching its Reel Lucky King Megaways video slot, American online casino games developer Inspired Entertainment Incorporated has now returned to announce the premiere of its new five-reel and 25-payline Vegas Cash Spins innovation. The New York City-headquartered firm used an official Wednesday press release to pronounce that its latest mobile-friendly game ...

Dan Gilbert exits casino business with Jack Entertainment sales

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It would seem that billionaire American businessman Dan Gilbert (pictured) has quietly exited the casino business after reportedly selling off his remaining stake in operator Jack Entertainment to members of the firm’s management team. According to a Monday report from the Cleveland Scene newspaper, Gilbert is worth an estimated $34 billion thanks to his ...

Pessimistic prediction for Melco Resorts and Entertainment Limited

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Prominent financial services firm Moody’s Investors Service Incorporated has reportedly warned that Asian casino operator Melco Resorts and Entertainment Limited could see its consolidated debt rise by about 14.7% over the next twelve to 18 months to top $7 billion. According to a report from Inside Asian Gaming, the American giant made the prediction ...

Flutter Entertainment increasing its interest in FanDuel Group

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British and Irish gambling behemoth Flutter Entertainment has reportedly agreed a deal worth about $4.2 billion that is to see it acquire a further 37.2% stake in American online sportsbook operator FanDuel Group. According to a Thursday report from the Financial Times newspaper, the London-listed firm already held a 61% stake in FanDuel Group ...

Evoplay Entertainment adds new Pachinko-inspired slot Pachin-girl to growing portfolio

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Ukraine based game development studio Evoplay Entertainment has launched its latest innovative instant game, Pachin-girl, which combines the “best gaming traditions from the East and the West.” The 3-reel, 1-row slot takes its inspiration from Pachinko, a hugely popular game in Japan that is a cross between pinball and a slot machine. During gameplay, the ...

Double the dose of online casino entertainment from Play‘n Go

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A week after premiering its three-reel and five-payline Holiday Spirits video slot, Swedish online casino games developer Play‘n Go has returned to announce the launch of its new Rise of Athena and Viking Runecraft Bingo titles. The Vaxjo-headquartered firm used an official Thursday press release to proclaim that both of its latest innovations are ...

Okada Manila disappointment for Universal Entertainment Corporation

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Japanese pachinko, slot and arcade games manufacturer Universal Entertainment Corporation is reportedly continuing to be adversely impacted by the coronavirus-induced drop in revenues from its Okada Manila integrated casino result. According to a report from Inside Asian Gaming, the Tokyo-listed giant used an official Thursday filing to detail that company-wide net sales for the ...

Third-quarter financial success for Flutter Entertainment

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In the United Kingdom and online and land-based sportsbetting operator Flutter Entertainment has announced that its net revenues for the third quarter rose by 30% year-on-year to top £1.32 billion ($1.74 billion). The London-listed firm used an official trading update (pdf) to explain that its takings from all forms of sportsbetting over the course ...

Galaxy Entertainment Group Limited records promising third-quarter financials

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Asian casino operator Galaxy Entertainment Group Limited has reportedly released its financial results for the third quarter showing that its overall net revenues rose by 34% when compared with the previous three-month period to top $199.8 million. According to a report from Inside Asian Gaming, the Hong Kong-listed firm is responsible for the impressive ...

Galaxy Entertainment Group to continue with projects in Macau and Japan despite COVID-19 impact

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While the COVID-19 pandemic has affected nearly every business around the globe, including the gambling industry, Galaxy Entertainment Group says existing expansion plans will continue. The company is still working on projects in Japan and Macau. Development Update The company recently provided a development update, when releasing the results of the third quarter. For ...

Waterfront Philippines Incorporated to persevere with Entertainment City plan

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In the Philippines and local hotel and casino operator Waterfront Philippines Incorporated has reportedly been granted permission to move forward with its plan to bring a new gambling-friendly property to Manila’s Entertainment City district. According to a report from Inside Asian Gaming, the sanction for the Manila-headquartered firm comes after January saw the nation’s ...

Caesars Entertainment Incorporated agrees to sell Tropicana Evansville

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American casino operator Caesars Entertainment Incorporated has announced the signing of a deal that is to see it offload its Tropicana Evansville property to Gaming and Leisure Properties Incorporated for $480 million in cash. The Las Vegas-headquartered firm used a short Tuesday press release to declare that the disposal of the 338-room venue to the ...

Nevada Gaming Control Board approves Mohegan Gaming and Entertainment

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The Mohegan Gaming and Entertainment vehicle of the federally-recognized Mohegan Tribe has reportedly been approved by the Nevada Gaming Control Board to operate a casino inside the coming Virgin Hotels Las Vegas venue. According to a report from the Las Vegas Review-Journal newspaper, the unanimous consent from the three-member body came during a two-hour ...

Caesars Entertainment Incorporated completes Harrah’s Reno sale

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American casino operator Caesars Entertainment Incorporated has announced the completion of the deal that has seen it offload its Harrah’s Reno property to an affiliate of real estate investments firm CAI Investments for $41.5 million in cash. The Las Vegas-headquartered firm used a short Wednesday press release to detail that the disposal of the 940-room ...

Pair of upcoming video slot releases from Inspired Entertainment Incorporated

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Online casino games developer Inspired Entertainment Incorporated has announced the impending release of its new mobile-friendly Halloween Cash Pots and Jin Chan Cash video slots. The innovator used an official Tuesday press release to detail that both of these five-reel and ten-payline games are scheduled to go live with its network of partners operating ...