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
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 ...
888 and Caesars Interactive Entertainment agree to multi-year extension of B2B poker partnership
One of the latest partnership deals to occur in the New Year involves 888 and Caesars Interactive Entertainment. The two have decided to continue working together via a B2B poker partnership. An extension has been signed, seeing 888 as the power behind the online poker rooms of the World Series of Poker (WSOP) for ...
Pessimistic prediction for Melco Resorts and Entertainment Limited
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 ...
Evoplay Entertainment debuts new Treasure Mania video slot
A little over two weeks after premiering its Wild Bullets video slot and Maltese online casino games developer Evoplay Entertainment has now returned to announce the launch of its new five-reel and 20-payline Treasure Mania title. The innovator used an official Tuesday press release published by European Gaming Media and Events to describe its ...
Flutter Entertainment increasing its interest in FanDuel Group
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
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
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
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
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
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
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 ...
Melco Resorts and Entertainment Limited records third-quarter deficit
Asian casino operator Melco Resorts and Entertainment Limited has reportedly again followed many of its rivals in recording an overall loss for the three months to the end of September owing to the continuing fallout from the coronavirus pandemic. According to a report from Inside Asian Gaming, the Hong Kong-listed firm chalked up a ...
Waterfront Philippines Incorporated to persevere with Entertainment City plan
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 ...
VICI Properties halts deal to acquire Las Vegas Strip land owned by Caesars Entertainment
VICI Properties (NYSE:VICI) has decided to stop a transaction with Caesars Entertainment to acquire 23 acres of land on the Las Vegas Strip. The land is undeveloped, and VICI had previously committed to purchasing the property for $103.5 million. While the deal is not moving forward at this time, it might be revisited at ...
Caesars Entertainment Incorporated agrees to sell Tropicana Evansville
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 ...
The Star Entertainment Group Limited defends executive bonus payments
In Australia and the boss for local casino operator The Star Entertainment Group Limited has reportedly been forced to defend his firm’s decision to pay out annual executive bonuses valued at about $997,000 at the same time as receiving financial support from the government. According to a report from Inside Asian Gaming, John O’Neill ...
Emperor Entertainment Hotel Ltd expects net loss in Macau due to travel restrictions
Emperor Entertainment Hotel Ltd is the operator of the Grand Emperor Hotel, a casino venue in Macau. The operator expects to see a net loss of around HKD160 million ($20.6 million) from April through September. This would be a loss from the same time frame last year. Travel Restriction Issues In a filing earlier ...
Mohegan Gaming and Entertainment granted Inspire Athens consent
In Greece and a consortium being led by Mohegan Gaming and Entertainment has reportedly cleared the last major hurdle in its plan to bring a large integrated casino resort to a 1,532-acre parcel of seaside land on the southern outskirts of Athens. According to a Tuesday report from G3Newswire, the Connecticut-based entity is the ...
Mohegan Gaming and Entertainment lodges official Inspire Athens bid
A consortium being led by Mohegan Gaming and Entertainment has reportedly lodged an official bid worth €150 million ($177 million) for the license to build and operate an integrated casino resort near the Greek capital of Athens. According to a Thursday report from the Reuters news service published by Yahoo! Finance, the Connecticut-based entity ...
Nevada Gaming Control Board approves Mohegan Gaming and Entertainment
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
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
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 ...