Neonorchid

American land-based casino operator Bally’s Corporation has reportedly agreed a deal that could see it part with approximately $2.7 billion so as to purchase British iGaming software developer Gamesys Group.

According to a Wednesday report from the Bloomberg news service, the firm revealed that the arrangement would involve it paying around $2.54 for every one of the London-headquartered firm’s outstanding shares, which would represent a 13% premium when compared with their Tuesday closing price.

Significant support: Come from Sports betting site VPbet

Bally’s Corporation reportedly disclosed that such a transaction must now be approved by a majority of its target’s shareholders before receiving ‘regu…

In Arkansas and the contest to pick the operator for a proposed Pope County casino has reportedly hit another stumbling block after the successful licensee had its winning bid effectively invalidated by the state’s highest court.

According to a Thursday report from the Arkansas Democrat-Gazette newspaper, an entity known as Gulfside Casino Partnership bested four other applicants last year to be given the right to bring a $254 million casino resort to the largely rural community of 61,700 people. The source detailed that the winning candidate’s proposal to the Arkansas Racing Commission had featured a mandated letter of support signed by Pope County Judge Jim Ed Gibson just a few days before his term expired at the end of 2018.

Detrimental delay:

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Crown Resorts, one of Australia’s leading casino operators, has been hit with a substantial fine of AUD20 million ($13.8 million) by the Victorian Gambling and Casino Control Commission (VGCCC). The issue was initially uncovered during the 2021 Royal Commission probe into Crown Melbourne, which revealed that Crown had disguised promotional costs as winnings in order to claim tax deductions.

Crown Resorts Concealed Tax Failings, VGCCC Discovers

The VGCCC discovered the tax failings among the extensive documents disclosed by Crown during the Royal Commission probe, rep…

Century Casinos, a major NA gambling company, has penned a definitive sale-leaseback deal with VICI Properties. The deal will see the former company sell the assets of four of its properties in Alberta, Canada.

The properties in question are Century Casino & Hotel Edmonton, Century Casino St. Albert and Century Mile Racetrack and Casino in Edmonton, Alberta and Century Downs Racetrack and Casino (“Century Downs”) in Calgary, Alberta. Come from Sports betting site VPbet

The aggregate purchase price of the deal is $164.4 million in USD (based on the exchange rates at the time of the deal). The purchase price includes $142.6 million to be paid to …

After breaking ground in April 2023, the Choctaw Resort Development Enterprise (CRDE), owned by the Mississippi Band of Choctaw Indians, has decided the official name of its soon-to-be-opened travel plaza is “Crystal Sky.” According to the recent press release, the nearby Crystal Ridge tribal community in Winston County served as the inspiration for the name.

Tribal competition to decide on the permanent name of the property:

During the groundbreaking ceremony held last spring for the development, the contest to name the travel plaza was unveiled by Chief Cyrus Ben, where members of the Tribe were invited to submit their ideas for a fitting moniker. A name that would not only reflect the natural beauty of the surroundings but also the spirit of the community.

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In an ambitious move to broaden its gaming and leisure portfolio, Travellers International Hotel Group is reportedly setting its sights on a substantial new venture in Cebu, Philippines. The project, valued at approximately Php16.9 billion (US$300 million), is poised to fortify its presence across the Philippines.

Travellers International is the developer of Newport World Resorts (formerly Resorts World Manila), the first integrated tourism resort in the Philippines.

Dubbed Mactan World Resorts, the integrated resort (IR) will occupy a prime 30-hectare site within the Mactan Newtown township, currently under development by Megaworld Corp. This strategic location is conveniently situated just 20 minutes…

As the Chilean online wagering service providers were looking forward to the legislation that will facilitate the launch of online betting operations in the country, the Supreme Court of Chile accepted the appeal from the state-owned lottery operator Polla Chilena de Beneficencia and ruled that the online betting platforms operating in Chile be blocked.

As reported by the source, the resolution of the country’s highest judicial authority stated that these websites “carry out gambling activities within the borders of Chile, without legal authorization or from any national tax authority, which is why they are illegal according to national regulations.”

Reversed Decision:

The ruling came after the Supreme Court reversed the decision of the Court of Appe…

Australian gaming machines innovator Aristocrat Leisure Limited has reportedly divulged that it may soon encounter even more competition to its planned takeover of British online casino games and software developer Playtech.

According to a report from GGRAsia, the Sydney-headquartered firm floated a proposition worth approximately $3.7 billion last month that would see it purchase all of the target’s outstanding shares at an individual price of around $9.10. The source detailed that such a merger would create an entity with a considerable stake in both the online and land-based gaming sectors and help Aristocrat Leisure Limited to secure long-term growth by becoming a major player in the lucrative European iGaming market.

Quick competition:

However, this eventuality …

American online casino games and systems developer Inspired Entertainment Incorporated has announced its entry into the virtual sports market of Belgium via the signing of a deal with local iGaming operator Napoleon Sports and Casino.

The New York-headquartered firm used an official Monday press release to declare that the arrangement is to see Napoleon Sports and Casino utilize its very own mobile-friendly V-Play Plug and Play platform to begin offering Belgian punters access to ‘a wide range of virtual events via an intuitive player interface’.

Considerable collection:

Nasdaq-listed Inspired Entertainment Incorporated described its V-Play Plug and Play innovation as ‘a complete end-to-end online and mobile virtual sports offering’ that fea…