Business & M&A

The hunted may now be the hunter as MGM Resorts International (NYSE: MGM) is rumored to be mulling an acquisition of People Inc. (NASDAQ: PPLI) — the media company that pursued a takeover of the casino giant and is its largest shareholder. Late Thursday, barely 24 hours after Barry Diller’s company…

People Inc could make another offer for MGM Resorts International despite withdrawing its proposal to take the casino group private, says Seaport Research Partners. In a Thursday note, analyst Vitaly Umansky said the media and Internet conglomerate, chaired by Barry Diller, remained “very optimisti…

Real-money skill gaming company Topdog has raised $2.5 million in seed funding as it looks to grow its user base and add more multiplayer games targeted at sports fans and gamers. The company aims to extend its business model by developing a broader portfolio of real-money competitions that can be…

People Inc. has officially withdrawn its $18 billion offer for an MGM Resorts buyout, ending months of detailed negotiations aimed at taking the major casino operator private. The decision was confirmed following extensive discussions between company executives and a special committee set up by the…

Onlyplay is launching Hyper Play by Onlyplay as a dedicated product initiative within the company. It will focus on formats that could help shape the next phase of iGaming and, over time, evolve into genres and subgenres in their own right. Hyper Play is a strategic initiative focused on developing…

Stockman’s Casino in Fallon, Nevada, has completed a year-long building remodel, marked by a ribbon-cutting ceremony on 18 September. The renovation includes new carpeting throughout the property, an upgraded air conditioning system and improvements to the back of the house, including a redesigned…

Barry Diller-owned People Inc. has withdrawn its $17.6 billion bid to acquire MGM Resorts. People, which currently owns roughly 27% of MGM Resorts, proposed buying out the casino giant’s remaining shares and offered $48.30 per share in cash. However, the deal appears to have fallen through, meaning…

On volume that’s already more than triple the daily average, shares of MGM Resorts International (NYSE: MGM) are off more than 10% today after Barry Diller’s People Inc. (NASDAQ: PPLI) confirmed late Wednesday it withdrew its $48.30 per share takeover offer for the casino company. Diller, whose com…

Dilanti Media has initiated a top-level leadership transition, with founder and Chief Executive Officer, Johan Styren, moving into the position as Chairman. The Malta-based iGaming affiliate group, set up by Styren in 2018, has chosen Daniel Prado as its founder’s successor in the CEO position. He…

Australia’s Victoria Gambling and Casino Control Commission (VGCCC) has fined Tabcorp, the country’s largest gambling company, AUD 350,000 (about $256,000) because it failed to implement mandatory multi-factor authentication (MFA) controls. Tabcorp Hit With Fine According to the VGCCC, between 30 J…

Gaming Compliance International (GCI), a leader in gaming compliance, advertising, and media content monitoring, has appointed former United Kingdom Gambling Commission (UKGC) executive director Tim Miller as strategic advisor. Miller will bring an independent regulatory perspective, thanks to his…

It looks highly likely that British betting firms will be banned from taking bets on the newly launched Powerball lottery format under new government proposals. The Department for Digital, Culture, Media and Sport (DCMS) has proposed the ban, seeking to line Powerball UK up with other National Lott…

Pragmatic Play, a leading content provider to the iGaming industry, is gearing up for a major final quarter of 2026 by unveiling an extensive roadmap of slot and live casino […] O post Pragmatic Play unveils its star-studded content lineup for the fourth quarter apareceu primeiro em iGaming Brazil.

Pay.io has entered the market with a crypto payment gateway designed exclusively for B2B iGaming, promising to reduce friction and complexity in blockchain payments for operators and their partners. The post Pay.io releases crypto payment platform for iGaming operators first appeared on Asia Gaming…

Caesars Entertainment’s shareholders have voted in favor of Fertitta Entertainment’s $17.6 takeover bid. The vote was held earlier this week and was a major challenge that Caesars had to overcome in order for the deal to materialize. The Majority of Shareholders Backed the Deal On Tuesday, Caesars…

GoldenRace and Novibet have announced a strategic partnership that will bring GoldenRace’s award‑winning Virtual Sports portfolio to Novibet’s rapidly expanding sportsbook and casino platform in Europe and the Americas. The post Novibet teams up with GoldenRace to expand virtual sports offering glo…

A labor dispute at Encore Boston Harbor has entered its third week, with more than 1,300 employees on strike as unions push for higher wages, improved healthcare and greater job security. The strike began on Sept. 4 after negotiations broke down between Teamsters Local 25, UNITE HERE Local 26 and t…

Sportsbook differentiation is becoming harder to achieve through features alone, and operators increasingly want greater control over how their products are built, presented, and adapted to individual markets, while still relying on suppliers for the underlying technology, trading, and risk infrast…