Hector Fernandez officially becomes IGT chief executive after year off Summary Ex-Aristocrat Gaming CEO Hector Fernandez has been named chief executive of IGT, a year after leaving Aristocrat. The appointment follows IGT’s divestment of its lottery division and its sale and merger with Everi Holdings under Apollo. Fernandez arrives with a strong gaming and technology […]
EveryMatrix selects Cevro AI to provide operators with fully integrated empathic AI support agents Summary EveryMatrix has formed a strategic partnership with Cevro AI to embed domain-tuned generative AI support agents across its ecosystem. The agents are trained specifically on iGaming workflows, player behaviour, compliance rules and operator processes, enabling them to handle complex account […]
BetMakers signs multi-year agreement to launch CrownBet Summary BetMakers Technology has signed an exclusive five-year technology and services agreement with Betfair Australia to power the relaunch of the CrownBet brand. The company will deliver a full end-to-end wagering stack — a customised Apollo wagering platform, trading and risk services, a content engine and core platform […]
Most of Wynn Al Marjan Island project’s budget already spent or procured – Wynn Resorts | AGB Summary Wynn Resorts reports that 67% of the US$5.1 billion budget for its Wynn Al Marjan Island integrated resort has been spent or contractually secured (around US$3.4bn). The UAE’s first casino‑anchored integrated resort is progressing rapidly, with major […]
Where is Cassandra Li Ong? Fugitive POGO operator may have fled Philippines for China Summary Punchy: A high-profile suspect in a human-trafficking probe tied to Philippine Offshore Gaming Operations (POGOs) appears to have slipped out of reach. The government now thinks Cassandra Li Ong, accused of running the Lucky 99 South POGO and linked to […]
Betfred operator to pay £825,000 over licence failures in Britain Summary Great Britain’s Gambling Commission has ordered Done Brothers (trading as Betfred) to pay £825,000 after finding multiple breaches of social responsibility and anti‑money laundering (AML) licence conditions at its betting shops. The failings were identified during assessments covering May 2024 to March 2025 across […]
Fanatics rolls out Prediction Markets across 24 US states Summary Fanatics has launched Fanatics Markets, its prediction-market platform, across 24 US states in a phased rollout. The product lets users trade event-based contracts across sports, finance, economics, politics and — soon — crypto, stocks, tech and culture. Fanatics is integrating pricing from Crypto.com and offering […]
Kalshi secures US$1bn funding Summary Kalshi has closed a US$1bn funding round that lifts the prediction-market operator’s valuation to US$11bn. The round, led by existing investor Paradigm and joined by Sequoia Capital, Andreessen Horowitz, Meritech Capital, IVP, ARK Invest, Anthos Capital, CapitalG and Y Combinator, comes as interest in event-based trading surges. Kalshi offers yes/no […]
The Ever-Growing Power Demand in the US Summary U.S. electricity production in 2025 is at record levels, yet projected demand outpaces supply: power needs could be around 50% higher over the next 25 years. In 2023 the U.S. used roughly 4,049 TWh; by 2050 the country may require about 5,178 TWh to meet growing electrification […]
Nevada Considers Casino Ban for Convicted Bookmaker Tied to AML Issues Summary Nevada gaming authorities have moved to bar California bookmaker Wayne Nix from all state casinos, nominating him for Nevada’s banned list. The action follows investigations that found major Las Vegas properties, including the MGM Grand and the Cosmopolitan, accepted millions in cash and […]
