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New York Mets owner sweetens Queen casino proposal with $8 billion in community investment
February 8, 2024 - As nearly a dozen developers vie for one of three casino licenses in the New York City area, Mets owner Steve Cohen is trying to win support for his bid... Read more »
Light & Wonder makes strategic investment in Flows
February 7, 2024 - Light & Wonder Wednesday announced a strategic investment in no-code automation platform Flows. The company stated that the investment “will accelerate growth and scale up operations” for Light & Wonder,... Read more »
Flutter completes €141m investment in Serbia’s MaxBet
January 18, 2024 - Flutter Entertainment has completed its €141m [$153m] investment in MaxBet Kladionica to become the market leader in Serbia and advance its position within Balkan territories. The deal to acquire a... Read more »
Gambling addiction Recovery, Investment, and Treatment Act introduced in Congress, with NCPG endorsement
January 11, 2024 - The National Council on Problem Gambling Thursday announced its support for the Gambling addiction Recovery, Investment, and Treatment (GRIT) Act. Introduced in Congress on Thursday by Connecticut Senator Richard Blumenthal... Read more »
Nevada: Pahrump casinos could see re-investment from Golden Entertainment deal, execs say
December 26, 2023 - Golden Entertainment Inc. plans to use proceeds of a multi-million dollar gaming deal to enhance its commercial gaming operations in Pahrump, according to Blake Sartini II, executive vice president of... Read more »
Euronet makes second investment in partnership with Marker Trax, Koin
December 11, 2023 - Marker Trax and Koin Monday announced that financial-technology and payments-provider Euronet has made a second investment in a partnership with the companies. The investment indicates a more collaborative relationship among... Read more »
Ho Iat Seng: Macau concessionaires need time to try and test effectiveness of non-gaming investments
November 17, 2023 - The Chief Executive of Macau, Ho Iat Seng, told the Legislative Assembly on Wednesday that the non-gaming investment programs of Macau’s six concessionaires would not be effective immediately, and appealed... Read more »
Rivalry secures $14 million investment
November 15, 2023 - Rivalry Corp. has secured a CA$14 million (US$10 million) investment from an existing institutional shareholder to accelerate growth. “Rivalry’s product mix and position in the marketplace have brought the business... Read more »
Hubert Wang: Macau must avoid repetitive non-gaming investments
November 15, 2023 - Macau’s concessionaires should avoid “repetitive” investments and focus instead on establishing a unique positioning if they are to see true benefits from their mandated non-gaming spend, according to MGM China... Read more »
Scientific Games builds game studio, accelerates investment in ilottery content hub and partner program
October 31, 2023 - Scientific Games has accelerated its investment in ilottery innovation with SG Studios and the recently announced SG Content Hub and partner program. The company will showcase the platform and new... Read more »