Nevada board gives initial approval to IGT-Everi megadeal Summary The Nevada Gaming Control Board has granted initial approval for the much-anticipated merger between IGT and Everi, a deal potentially worth $6.3 billion. This merger, spearheaded by Apollo Global Management, is poised to reshape the gaming supplier landscape, consolidating the two companies’ strengths into one formidable […]
Report finds regulation of NSW gaming machines ineffective in supporting harm minimization outcomes Summary A report by the NSW Auditor-General has revealed the inadequacy of the regulation of gaming machines in NSW, showing it does little to support harm minimization. Key concerns include slow reductions in machine numbers, poor communication on harm outcomes, unreliable compliance […]
Clarion Gaming reveals new ICE Research Institute initiative Summary Clarion Gaming has unveiled the ICE Research Institute, an initiative aimed at creating a lasting positive impact on the gambling industry’s societal aspects as it transitions to its new venue in Barcelona. This ongoing investment will focus on research surrounding sustainability and prevention in gambling. Source: […]
Russian Lawmakers Plan to Force Bookmakers to Pay ‘Gambling Addiction Rehabilitation Tax’ Summary Russian lawmakers are proposing a new tax for legal bookmakers aimed at funding the treatment of gambling addictions. The bill, spearheaded by Artem Metelev of the State Duma, is set to be debated before the end of 2025. The tax will require […]
Sun International to drive GrandWest footfall with R600m shopping centre Summary Sun International is set to enhance the GrandWest Casino experience with a new R600m shopping centre spanning approximately 22,000 m², developed in partnership with Flanagan & Gerard. This new offering aims to attract more visitors by adding a substantial retail component to the existing […]
Colombia’s National Tax and Customs Authority drafts new tax measures to regulate online gambling Summary The National Tax and Customs Authority (DIAN) of Colombia, alongside the Ministry of Finance, is establishing a new regulatory framework aimed at the online gambling sector, potentially included in a forthcoming tax reform. The DIAN’s Director, Luis Eduardo Llinás, has […]
Italy Gaming Reforms to Slash iGaming in Half Summary Italy is gearing up for a dramatic overhaul of its iGaming sector, aimed at consolidating the market. The country’s Customs and Monopolies Agency has recently wrapped up a tender process for online gambling concessions, hinting at a significant reduction in active iGaming operators. The current potential […]
Clarion Gaming reveals new ICE Research Institute initiative Summary Clarion Gaming has launched the ICE Research Institute (IRI) as part of its effort to create a lasting impact in Barcelona beyond the ICE event itself. This initiative will fund essential research in prevention and sustainability within the gambling sector, marking a significant addition to Clarion’s […]
Brace for Impact: The Recession Watch in Gaming The gaming industry is bracing for potential economic headwinds as recession fears loom, particularly impacting tourist-heavy areas like Las Vegas. Analysts predict that a recession could hit gaming stocks hard, especially those reliant on discretionary spending in major gambling hubs. Traditional land-based casinos are particularly vulnerable to […]
Summary Apple’s recent Worldwide Developers Conference (WWDC) showcased new features for its on-device AI framework, Apple Intelligence, but left many feeling underwhelmed. The updates reflect the company’s conservative approach to AI compared to more aggressive strategies from competitors like Google and Microsoft. Despite some user interface enhancements, there was no groundbreaking innovation presented, prompting concerns […]
