With the colder months setting in, Mascot Gaming is inviting players to indulge in a taste of tropical tranquility with the launch of its latest slot, 243 Fruity Zen. This vibrant 5×3 reel game brings together an enticing blend of Eastern aesthetics and juicy fruit symbols, creating a relaxing yet dynamic gaming experience perfect for […]
Remembering a Visionary: The Life and Legacy of Dr. Lui Che Woo
The Rise of a Tycoon: Dr. Lui’s Early Years and Business Ventures On November 7, 2024, the world bid farewell to Dr. Lui Che Woo, the esteemed founder and Chairman of Galaxy Entertainment Group (GEG), who passed away peacefully at the age of 95. His death signifies the conclusion of a remarkable chapter in the […]
Aristocrat Refocuses Strategy on Regulated Gaming Following Plarium Sale
Overview of the Transaction Aristocrat, through its subsidiary Pixel United Holdings Limited, has successfully sold Plarium Global Limited to Modern Times Group for a substantial sum of €820 million. This sale includes a guaranteed payment of $620 million and an additional potential payout of up to $200 million based on future financial performance. Strategic Shifts […]
Light & Wonder Maintains Growth Momentum with Strong Q3 Performance
Revenue Growth Across All Segments Light & Wonder has delivered another stellar quarter, marking its ninth consecutive period of double-digit revenue growth. The gaming technology giant reported a 12% year-over-year increase in consolidated revenue, reaching $817 million in Q3 2024. Gaming Division Leads Performance The company’s gaming segment emerged as the primary growth driver, with […]
ComeOn Group’s Strategic Leap into Ontario’s Sportsbook Market
ComeOn Group, a notable force in the iGaming industry, has significantly bolstered its position within Ontario’s regulated gaming landscape. Following the recent acquisition of the necessary sportsbook permits, the company is set to double its sportsbook operations in the upcoming years, marking a pivotal expansion of its already thriving online casino platform. Expansion and Regulatory […]
Himalayan Wild: Pragmatic Play Unleashes a Frosty Adventure with New Slot Release
Pragmatic Play has introduced its latest slot creation, Himalayan Wild, transporting players on an exhilarating adventure across a frost-covered terrain bustling with majestic wildlife. This newly unveiled slot combines high volatility gameplay with an engaging natural theme, designed to captivate players seeking significant winnings. Game Overview Released and available for play, Himalayan Wild is set […]
Aristocrat Sells Plarium to MTG for Up to $820 Million in Strategic Shift
A Major Transaction Announced On 12 November 2024, Aristocrat Leisure confirmed a binding agreement to divest its Plarium Global mobile gaming division to the Stockholm-based gaming conglomerate Modern Times Group (MTG) for a consideration of up to $820 million. This deal includes an upfront payment of $620 million, with an additional earn-out of up to […]
Booming Games Expands Presence in Africa with Strategic Hollywoodbets Partnership
Enhancing the Gaming Landscape in South Africa Booming Games, a renowned gaming studio, has broadened its footprint in Africa through a strategic content integration agreement with Hollywoodbets. This collaboration is set to enhance the availability of Booming Games’ comprehensive slot game catalog on Hollywoodbets’ online casino platform, specifically targeting the South African market. Strategic Partnership […]
Colorado Votes to Direct Sports Betting Revenue to Water Projects
Colorado voters have overwhelmingly supported Proposition JJ, a landmark initiative that channels the full revenue from sports betting taxes into critical water-related projects. The measure passed with an impressive 76% approval, lifting a prior cap on state-retained sports betting revenue and allowing Colorado to retain every dollar collected. Background on Proposition JJ and Colorado’s Sports […]
New Heights in New York: A Record-Breaking Month for Sports Betting
Overview of Sports Betting Growth in New York In a display of growth, New York State achieved a new record in sports betting handles with a staggering $2.3 billion in October 2024. This milestone surpasses the previous record of $2.11 billion set in November 2023, highlighting the continued expansion of sports wagering in the region. […]
