Industry Reports

HTC announced a partnership with gaming software provider IGT to bring its sophisticated VT technology to Las Vegas casino floors. IGT’s platform Virtual Zone, which is already available at Orleans Hotel and Casino, will use hardware and software by HTC Vive Studios. The agreement between the two companies will allow […]

London-based private equity firm Novalpina Capital announced a tender offer to purchase the leading gambling operator in the Baltic Region, Olympic Entertainment. In its cash offer, the European buyout company says it plans to acquire 100 per cent of the shares of the Estonia-headquartered casino and sports betting operator. The […]

Seventy-five per cent of the people in Cyprus aged 15 and over gamble while six per cent of them is said to be pathological gamblers, a new study says. On average, Cypriots start playing games of chance at the staggering age of 12.5. The study, released Monday by the National […]

As Connecticut looks to advance sports betting legislation in case the U.S. Supreme Court rules in favor of it, state officials held a public hearing on proposed gambling bills. In a written testimony, a representative of the influential Foxwoods Resort Casino clearly expressed his support for online gambling and sports […]

Louisiana lawmakers moved forward with legislation that is to loosen the restrictions on video poker games, offered at truck stops around the state. Two bills pushed through a state Senate committee on Tuesday without any objections on behalf of the legislators. The two pieces of legislation are the first to […]

Several Italian-based gambling operators licensed by the Malta Gaming Authority are now terminating their permits as the regulator is conducting a money-laundering probe. According to the Times of Malta, at least five operators have already exited the island’s gaming jurisdiction in the past month. In February, Italian authorities uncovered an […]

Canadian businessman, entrepreneur and co-founder of online poker giant PokerStars, the 44-year-old Mark Scheinberg is among the ten richest people in Canada, according to the 2018 World’s Billionaires List, released by Forbes last week. The annual ranking features 46 Canadians, as well as a record number of 2,208 billionaires around […]

High-end casino resort operator Wynn Resorts announced yesterday the company has agreed to pay $2.4 billion in a settlement with Japanese game manufacturer Universal Entertainment Corporation and its US-based unit Aruze USA Incorporated. The legal dispute between the two sides dates back as far as 2012, when the Tokyo-based game […]

New York became the latest US state to move forward with introducing sports betting regulations within its borders. The new piece of legislation was introduced on March 7 and its purpose is to legalize sports betting activities on the territory of the state. The bill is labeled S7900 and was […]

Following an announcement about a CrownBet acquisition last week, Canadian gambling company The Stars Group announced on Tuesday it is now increasing its equity interest in CrownBet Holdings Pty Limited to 80%. The online gambling giant also confirmed the signing of a definitive agreement for the William Hill Australia Holdings […]