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As Retail Casinos Stagnate, Online Gambling Isn’t Just Growing—It’s Accelerating: AGA

November 28, 2024 | By: Chav Vasilev

According to a new American Gaming Association (AGA) report, US gamblers are shifting toward sports betting and online casinos and turning away from traditional retail casinos. The AGA’s latest Commercial Gaming Revenue Tracker report shows traditional casino gross gaming revenue declined by 0.9% in Q3. Meanwhile, sports betting revenue grew by 42.4%, and online casinos […]

Galaxy Gaming Shareholders Approve Sale to Evolution, Deal to Close in Mid 2025

November 14, 2024 | By: Chav Vasilev

Galaxy Gaming shareholders have approved Evolution’s acquisition of the company. The Las Vegas-based company holds patents for numerous casino table games and side bets, some of which Evolution has licensed for its live dealer products. Pending regulatory approvals, the transaction is forecasted to close in mid-2025. Evolution announced plans to buy Galaxy Gaming for $85 […]

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