Business & M&A

Kalshi has been dealt another setback in Connecticut, this time with federal judge Vernon D. Oliver ruling that the Commodity Futures Trading Commission (CFTC) cannot dictate an order that conflicts with the court’s own interpretation of federal law. The CFTC, said the judge, lacks the authority to…

SJM Resorts Ltd, the Macau operations unit of Hong Kong-listed casino firm SJM Holdings Ltd, has welcomed 61 students as the second cohort of the group’s “Forge My Own Journey” Development Programme, an initiative combining academic study with paid workplace training. The programme was launched in…

Hengqin Port has recorded more than 110 million passenger crossings in six years, with visitors accounting for 40 percent of 2026 traffic. The post Hengqin Port records 110M crossings, with visitors making up 40% first appeared on Asia Gaming News | AGB - Asia Gaming Brief.

Casino equipment and online games provider Light & Wonder Inc says chairman Jamie Odell (pictured left) and vice chair Toni Korsanos (pictured right) are each set to exercise a “portion” of their company vested options, a form of executive incentive. The announcement was made in a Tuesday filing to…

Synectics, a specialist in security and surveillance technology, including for the land-based casino industry, says it has successfully deployed its “Synergy Search” product with a “first customer”. Synergy Search is said to use artificial intelligence (AI) to enable “rapid, natural-language search…

Gaming technology LT Game Ltd says its “Steam & Fortune” electronic table game (ETG) product “is now live” in Macau casinos, following regulatory approval earlier this year. The Macau-based supplier announced the market launch via social media, but it did not identify the Macau casinos where the pr…

The Jonas Brothers are expanding their reunion run into a 45-city North American trek. According to a AXS press release on Monday (Aug 17), “The Burning Up Tour All Over Again” — plotted following the overwhelming demand for their Aug. 20-22, 2026, shows at Madison Square Garden — will play MGM Gra…

Alpaca, an API-first brokerage technology provider, is preparing to enter the rapidly growing prediction market space. The fintech firm announced today that it has become a National Futures Association (NFA) member and registered as a futures commission merchant (FCM) with the Commodity Futures Tra…

Kalshi’s fragile truce with the Nevada Gaming Control Board (NGCB) may be over after the regulator accused the prediction platform of violating its agreement to stop its sports, election, and entertainment prediction contracts in the state. The NGCB now intends to fine Kalshi $120,000 for each day…

FanDuel has responded to criticism stemming from a promotional video sent to a VIP player experiencing gambling harm. In a letter to three US Members of Congress, the operator emphasized that its responsible gambling rules apply equally to all players and that VIP program members are further scruti…

Seneca Niagara Resort & Casino, overlooking Niagara Falls in Upstate New York, is set for a major renovation. Seneca Resorts & Casinos, a fully owned entity of the Seneca Nation, announced on Monday (Aug. 17) that the company will invest $47 million to renovate 594 rooms and suites in Niagara’s 26-…

Gambling is becoming a primary driver of mental distress among young men, triggering levels of isolation and dejection similar to heavy pornography use. That’s according to a multi-part study conducted by the Institute for Family Studies (IFS), a think tank focusing on “marriage, child well-being,…

In a bid to satisfy its creditors and maintain loan compliance, Bally’s is weighing potential asset sales and equity offerings. In a Form 10-Q filing with the Securities and Exchange Commission (SEC), the regional casino operator told investors there’s “substantial doubt” it will be able to continu…

Australia’s Labor government has vowed to introduce a new single-service opt-out register for gambling ads. This announcement comes amid continued calls to rein in the gambling sector and minimize the harm it causes. Australia Considers Opt-Out Register for Gambling Ads As Australia eyes changes to…

Ultimate Fighting Championship (UFC) is preparing a major expansion of its Las Vegas campus, with World Wrestling Entertainment (WWE) included in the developing blueprint. The company controls roughly 70 acres just north of the 215 Beltway between Jones and Rainbow boulevards, but only half of that…

DraftKings (NASDAQ: DKNG) has announced syndication for a planned $600 million senior secured term loan B credit facility, the proceeds of which will be used to repurchase convertible bonds. The gaming company said it will use net proceeds from the term loan to buy back “a portion” of the $1.15 bil…

New Orleans will welcome a second land-based casino in the coming years with a new gaming venue from Penn Entertainment. On Monday (Aug. 16), Pennsylvania-based Penn Entertainment announced a $195 million investment to relocate its Boomtown Casino & Hotel New Orleans riverboat to a brick-and-mortar…

The UFC has teased what officials called a “master plan” for the land surrounding the company’s Las Vegas HQ. Under the new project, the UFC will expand its presence in Sin City with a new hotel, among other things. The UFC Plans to Further Develop Its Vegas Lot For reference, the UFC owns roughly…