Manhattan shut out of New York casino race as Freedom Plaza is voted down Summary Freedom Plaza — a proposed $11 billion development by Soloviev Group and Mohegan Gaming on 1st Avenue near the UN — was rejected by its Community Advisory Committee (CAC) in a 2-4 vote, falling short of the two-thirds majority required […]
What drives the rising fiscal burden on Europe’s iGaming sector? Summary European governments are increasingly targeting the online gambling sector with higher taxes as a quick way to boost public revenues amid weak growth and strained budgets. The trend spans mature markets such as the Netherlands, Sweden and the UK, to Eastern and tier-2 markets […]
Wynn Resorts’ UAE casino to open in March 2027 Summary Wynn Al Marjan is on track to open in March 2027, delivering the UAE’s first integrated casino resort, CEO Abdulla Al Abdouli said. The $5.1 billion, 70-storey development had reached the 61st floor in August and will feature more than 1,500 hotel rooms, an ultra-exclusive […]
Allwyn buys majority stake in PrizePicks for $2.5bn Summary Allwyn International AG is acquiring a 62.3% stake in PrizePicks — the leading daily fantasy sports (DFS) operator in North America — for $1.6bn up front. The deal includes performance-based consideration that could push the implied enterprise value up to $4.15bn if agreed targets are met […]
India: Online gaming ban act to take effect October 1 | Yogonet International Summary The Indian government will implement the Promotion and Regulation of Online Gaming Act from 1 October, the Electronics and IT Minister Ashwini Vaishnaw confirmed. At a pre-event for the AI Impact Summit 2026 he said the Act — passed by Parliament […]
Macau casinos to shut if super typhoon Ragasa warning rises above Signal No. 8 | Yogonet International Summary Macau authorities have said casinos will be ordered to close if tropical cyclone Ragasa’s warning rises above Signal No. 8. The Macao Meteorological and Geophysical Bureau warned Ragasa could pass within 100 kilometres of the city, producing […]
Robinhood sues Massachusetts to block gambling laws from applying to prediction markets Summary Robinhood has filed a federal lawsuit in the U.S. District Court in Boston against Massachusetts Attorney General Andrea Campbell and the state Gaming Commission. The aim is to prevent state gambling laws from being applied to prediction markets offered through Kalshi. Robinhood […]
Intralot steps closer to Bally deal with financing agreement Summary Intralot has secured new long-term debt financing totalling €660m as it advances its planned acquisition of Bally’s Corporation’s International Interactive business. The package comprises a €460m six-year senior secured term loan with institutional lenders and €200m in binding commitments from a Greek bank consortium for […]
Intralot secures $775 million debt financing for Bally’s Interactive deal | Yogonet International Summary Greek gaming technology firm Intralot has secured €660 million (about $775 million) in long-term debt financing to help fund its planned acquisition of Bally’s International Interactive and to refinance existing borrowings. The package includes a £400 million six-year senior secured term […]
Macau government prepares to order closure of all casinos as super typhoon Ragasa approaches Summary Macau officials have warned that all casinos will be ordered to close if the typhoon warning for Ragasa is raised above the No. 8 signal. The Macao Meteorological and Geophysical Bureau forecasts Ragasa will threaten Macau within 48 hours and […]
