Business & M&A

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…

The majority of eligible shareholders in William Hill, 888 and Mr Green owner evoke have agreed to a buyout by Bally’s Intralot. Both firms confirmed to be in talks of a potential acquisition back in April, with the total bid price of £243.1m subsequently unveiled in June – alongside the terms and…

GGPoker became the latest operator licensed by Alberta Gaming, Liquor & Cannabis (AGLC) on Aug. 12, bringing the province’s total number of approved iGaming platforms to 39. GGPoker is owned by NSUS Group, an international iGaming company. The poker platform has been licensed and operating in Ontar…

The lines between the financial services and betting industries continue to blur. The rise of prediction markets has shone a very bright light on this, and everyone from operators to exchanges to tech providers have got in on the rush. This includes the likes of Armenian firm SoftConstruct. The fir…

FanDuel is defending its responsible gaming practices after three congressional Democrats demanded answers about why a VIP sports bettor struggling with gambling addiction received a personalized Thanksgiving message from MLB superstar Bryce Harper. The sportsbook did not address the controversial…

Booming Games will use QTech’s aggregation platform to connect with casino operators worldwide, broadening its reach and strengthening its global presence. The post Booming Games teams up with QTech Games to boost emerging-market reach first appeared on Asia Gaming News | AGB - Asia Gaming Brief.

Premier League side Brentford FC will continue its affiliation with Hollywoodbets despite the South African gambling firm being unable to stay on the front of the club’s shirts. Hollywoodbets has re-signed as the Bees’ official club betting partner, continuing a relationship which is now entering i…

Groove will attend SBC Summit Lisbon 2026, leveraging the industry's flagship event to strengthen strategic partnerships, showcase its award-winning platform, and accelerate expansion across key global markets. The post Groove eyes new partnerships and market expansion at SBC Summit Lisbon 2026 fir…

ELA Games continues its European expansion by announcing a new partnership with MaxBet, one of the leading Romanian operators. Through this collaboration, MaxBet players now have direct access to 23 of the studio’s top-performing titles. The strong reception of ELA Games’ portfolio in Romania has a…

Want to get more Covers content? Add us as a preferred source on your Google account here. Prediction market operator Novig continued its bold entry into the industry by submitting another lawsuit, this time targeting Wisconsin officials. The operator, which launched its prediction markets on Aug.…