News

Key Moments: Glitnor Group has secured €55 million in financing from HG Vora Capital Management The funds will support mergers and acquisitions, operational development, and strategic initiatives Imperial Capital LLC and Spectrum Gaming Capital acted as joint financial advisors on the deal Major Financing Secured for Expansion On 2 September 2025, Glitnor Group announced the successful arrangement of a €55 million financing facility provided by HG Vora Capital Management. The package is intended to drive Glitnor’s mergers and acquisitions, underpin operational expansion, and fund new initiatives within its regulated market…

Key Moments: REEVO’s immersive gaming titles have been launched exclusively on StarCasinò in Italy. The exclusive arrangement is set to last until September 8, 2025. StarCasinò is introducing 36 exclusive REEVO Games titles to the Italian market for the first time. Expanding Presence in the Italian Market REEVO has entered into a notable partnership with StarCasinò, a leading Italian digital entertainment brand under Betsson Group. This move enables REEVO to strengthen its footprint in Italy by making its portfolio of high-performance and engaging game titles available on the StarCasinò platform.…

Key Moments: Former Minister of Commerce Amin Modad has urged the prohibition of gambling and sports betting across Liberia. Political and investor groups emphasize that the betting industry delivers over three million United States dollars to government revenues annually. Social media users and industry defenders argue that gambling creates jobs and contributes to national development, challenging calls for an outright ban. Government Figures and Industry Advocates Respond to Ban Proposal Recent remarks from former Minister of Commerce Amin Modad, who stepped down from President Joseph Boakai’s administration in October of…

Key Moments: The New York Gaming Commission has opened public comments on new rules to curb bulk lottery ticket purchases Regulators are responding to concerns about fairness following a $95 million Texas jackpot won by a syndicate Draft rules would prevent individuals or groups from securing large portions of lottery combinations, including via electronic methods Regulatory Push for Fairness in Lottery Play The New York Gaming Commission has introduced a set of proposed regulations to restrict the mass purchasing of lottery tickets. The primary goal centers on preventing syndicates from…

Key Moments: Casino Playa de las Américas has deployed JCM Global’s Intelligent Cash Box (ICB) technology across its iVizion bill acceptors. The initiative strengthens the casino’s focus on operational quality and streamlined cash control. JCM Global representatives highlighted the benefits of simpler cash box balancing and improved reporting with this implementation. Rollout of ICB Technology Casino Playa de las Américas in Tenerife has completed the installation of Intelligent Cash Box (ICB) technology from JCM Global, integrating the system throughout all iVizion bill acceptors on the gaming floor. Commitment to Efficiency…

Key Moments: BETBY is expanding its American football offerings with a greater selection of player prop and microbetting markets. Bettors now have access to a wider set of player prop options, including anytime, first, next, and last touchdown scorers. The latest enhancements are timed to coincide with the launch of the new NFL season for immediate operator availability. Expanded NFL Coverage for Bettors BETBY, recognized as a premium sportsbook provider, has announced a significant upgrade to its NFL betting portfolio with the start of the new season. The platform is…

Key Moments: XGENIA introduced XGENIA Labs, the first AI-native incubator program for game studios and AI-driven startups Ali Storm will serve as Program Director, supported by mentors and advisors from the AI, gaming, and investment sectors Recruitment for the initial cohort starts in September, with the program concluding at ICE Barcelona in January 2026 A New Era for AI-Driven iGaming Development XGENIA has announced the debut of XGENIA Labs, an incubator designed specifically for AI-native startups and emerging game studios. The program, leveraging XGENIA’s proprietary AI technology, node-based development tools,…

Key Moments: Jeju Dream Tower posted a 30.5% year-on-year revenue increase for August 2025 The resort recorded its highest-ever visitor numbers during August Industry observers see these results as a sign of travel sector recovery in South Korea Visitor Growth Drives Financial Performance Jeju Dream Tower, the prominent integrated resort located in Jeju Island, saw its August 2025 revenue jump by 30.5% over the same period in the previous year. This growth coincided with unprecedented tourism arrivals, positioning the property as a leading player in South Korea’s entertainment and hospitality…

Key Moments: Intralot reported year-on-year revenue growth of 1.7% in its latest semiannual results The company announced plans to acquire Bally’s Interactive for €2.7 billion ($2.8 billion), expected to finalize in Q4 2025 Intralot extended its lottery contracts in Idaho and Montana, enhancing its offering and long-term partnerships Financial Snapshot and Acquisition Plans Intralot, the Athens-based gambling technology provider with 1,700 employees as of 2023, posted a marginal increase in revenues for the first half of the year. The firm’s latest report showed a year-on-year growth rate of just 1.7%,…

Key Moments: California Senate Appropriations Committee advanced A.B. 831 on August 28, 2025, with a 7-0 vote The bill would criminalize sweepstakes casinos using a dual currency system with penalties up to one year in jail and $25,000 in fines Lawmakers must vote on A.B. 831 by September 12, 2025, the last day for legislative action this year Senate Committee Advances Crucial Bill Sweepstakes casinos, which have quickly grown in popularity across the United States by providing cash-redeemable prizes in a legal gray area, are facing strict scrutiny in California.…