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Bally’s Chicago Traffic Impact Study Raises Major Questions

October 11, 2022 | By: Emile Avanessian

Casino opponents have criticized a study assessing the traffic impact of a temporary Bally’s Corporation casino in the neighborhood around its proposed location. Construction of Bally’s new downtown casino in River West won’t be complete until 2026. In the meantime, the Company wants to open a temporary location at Medinah Temple in Chicago’s River North neighborhood. […]

Halloween Trick: Gray Market Ontario Online Gambling Operators Lose Treat of Grace Period

October 6, 2022 | By: Heather Fletcher

Like shriveled jack-o’-lanterns, news that Halloween is the deadline for Ontario online gambling operators to fully comply with the law may feel a little old. Fully regulated operators expected penalties to “come into force” against gray market operators and suppliers months ago. Instead, the regulatory body overseeing the Ontario online gambling market that launched on […]

Light & Wonder Completes Divestment of Non-Casino Operations

October 5, 2022 | By: Emile Avanessian

On the morning of September 30, Light & Wonder, Inc. (L&W) announced the completion of the sale of its sports betting business, OpenBet. The buyer is US-based sports and entertainment content company Endeavor Group Holdings. Under the reported terms of the deal, Endeavor paid L&W $750 million in cash, plus approximately $50 million worth of Endeavor […]

Everi Expands Its Horizons With Non-Gaming Assets Acquired From Venuetize

October 5, 2022 | By: Keith Stein

Casino content provider Everi Holdings Inc. has decided to take a step beyond the gaming market. The company announced Tuesday they have agreed to acquire certain strategic assets of app developer Venuetize, Inc. Venuetize develops mobile apps and related technologies for the sports, entertainment and hospitality industries. Its clients include the PGA Tour, the Memphis […]

PlayUp Valued at $350 Million In SPAC Deal with IG Acquisition Corp

September 30, 2022 | By: Joshua Buckley

Australia-based sports betting operator PlayUp announced this week that it is going public in a SPAC deal valued at $350 million. PlayUp, whose app offers various products from sports betting to daily fantasy to casino games, is being acquired by IG Acquisition Corp (IGAC) following a strategic review. IGAC expects the transaction to close in […]

Twitch Policy Change Strikes a Blow to Illegal Cryptocasinos

September 29, 2022 | By: Emile Avanessian

Twitch has managed to build a well-known brand for itself. Some may know it as a platform on which popular gamers and esports competitors stream their play for an audience. Others may know it as the place to watch US National Women’s Soccer League matches online. Either way, chances are the majority of users don’t […]

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