Nevada board gives initial approval to IGT-Everi megadeal Summary The recent Nevada Gaming Control Board meeting gave initial approval for a major corporate merger between International Game Technology (IGT) and Everi Holdings, valued at $6.3 billion. The merger could reshape the gaming supplier landscape, with the new entity expected to be headquartered in Nevada. Source: […]
Russian Lawmakers Plan to Force Bookmakers to Pay ‘Gambling Addiction Rehabilitation Tax’ Summary Russian lawmakers are proposing a new tax for legal bookmakers to fund gambling addiction rehabilitation efforts. This initiative aims to collect a percentage of bookmakers’ income to support prevention and treatment of gambling addiction, which reportedly affects millions in Russia. Source: CasinoBeats […]
Nevada board gives initial approval to IGT-Everi megadeal Summary The Nevada Gaming Control Board has granted initial approval for the IGT-Everi merger, amidst discussions of a significant corporate reshaping in the gaming supplier sector. The merger, valued at $6.3 billion, involves Apollo Global Management acquiring both companies and aims to create a new entity that […]
Russian Lawmakers Plan to Force Bookmakers to Pay ‘Gambling Addiction Rehabilitation Tax’ Summary Russian lawmakers aim to introduce a tax for bookmakers that would support the treatment of gambling addiction. This proposal, discussed by Artem Metelev, Chairman of the State Duma’s Youth Policy Committee, could see a portion of bookmaker earnings redirected to various prevention […]
Nevada board gives initial approval to IGT-Everi megadeal Summary In a significant move, the Nevada Gaming Control Board has given initial approval to the merger between International Game Technology (IGT) and Everi Holdings, which could reshape the gaming supplier landscape. This merger, valued at $6.3 billion, led by Apollo Global Management, marks one of the […]
Russian Lawmakers Plan to Force Bookmakers to Pay ‘Gambling Addiction Rehabilitation Tax’ Summary Russian lawmakers are proposing a new tax that would require licensed bookmakers to contribute towards funding the rehabilitation of individuals with gambling addictions. Artem Metelev, Chairman of the State Duma’s Youth Policy Committee, has indicated that a bill will be debated later […]
Sun International to drive GrandWest footfall with R600m shopping centre Summary Sun International is stepping up its game with a new R600 million shopping centre at GrandWest Casino, the largest in South Africa. Spanning about 22,000 m², this centre will bring not just retail but a community-focused shopping experience, featuring around 60 stores, supermarkets, pharmacies, […]
Galaxy executive says Thai gaming floors should be restricted to five per cent Summary Kevin Clayton, Chief Executive of Galaxy Resorts Thailand, asserts that casino spaces in Thai entertainment complexes should ideally make up only five per cent of the total area. He believes that this restriction is essential for promoting responsible gambling and ensuring […]
Russian Lawmakers Plan to Force Bookmakers to Pay ‘Gambling Addiction Rehabilitation Tax’ Summary Russian lawmakers are moving to impose a new tax on legal bookmakers to help fund the treatment and rehabilitation of people suffering from gambling addiction. Artem Metelev, the Chairman of the State Duma’s Youth Policy Committee, announced that the bill will be […]
Galaxy Executive Advocates for Casino Space Limit in Thailand Summary Kevin Clayton, Chief Executive of Galaxy Resorts Thailand, has suggested that only five per cent of total entertainment complex floor space should be allocated for casinos. He emphasises that 95 per cent should be dedicated to hotels, retail, dining, and other attractions. Clayton argues that […]
