If passed, this landmark bill would allow Turkish Cypriots to enter casinos in North Cyprus for the first time. Key points: Key points: – Cyprus’ coalition Governement has proposed new casino legislation in the North – Cyprus’ coalition Governement has proposed new casino legislation in the North – The proposed bill would allow Turkish…
Operator stocks have taken a significant hit, as the US stock market experienced its worst downturn in years, largely driven by concerns over new tariffs. Key points: – Las Vegas casino operator stocks experienced steep declines (6-11%) on Thursday, exceeding broader market losses, due to concerns over new US tariffs – Wynn Resorts suffered the…
The Upper House prepares to examine the proposed Entertainment Complex Bill in more detail. Key points: – Senate to debate motions on forming a review committee – Critics call for public referendum and stronger feasibility analysis – THB 50m ($1.5m) deposit rule for locals under scrutiny Thailand’s Senate has indicated its intention to form a…
The land-based casino will remain operational until further Government directives are issued. Key points: Key points: – Casino Cosmopol in Stockholm will remain open until at least 1 January 2026, pending a change in ownership instructions – The Swedish Government’s decision to close land-based casinos is set to affect the property, with closure likely after…
Officials have reminded gaming operators of their obligation to remain impartial during the election period. Key points: – Concessionaires and promoters instructed to uphold political neutrality – Campaign materials banned from all workplace areas, even during breaks – Staff transport for voting allowed, but must remain free of propaganda The Electoral Affairs Commission and the…
Melco Resorts & Entertainment is shifting its strategy. Key points: – Melco to focus on managing gaming operations rather than building new resorts – Shares have fallen 20.6% amid fallout from junket restrictions – Capital spending for 2025 set at $415m, with Macau remaining a priority Melco Resorts & Entertainment has announced a shift in…
The supplier conducted a webcast following an amended complaint filed by Aristocrat. Key points: Key points: – Light & Wonder has provided an update to its ongoing game design litigation case with Aristocrat – Light & Wonder has provided an update to its ongoing game design litigation case with Aristocrat – This action comes following…
The industry veteran steps into a key leadership role. Key points: – David Jacques named Vice President of Table Games Engineering at AGS – Jacques will lead product design, development and technical operations – He brings experience from Light & Wonder and DEQ Systems AGS has announced the appointment of David Jacques as VP of…
The company confirmed its full-year financial results. Key points: Key points: – Intralot announced a 3.4% year-on-year revenue increase, reaching €376.4m ($406.5m) for FY24 – The company’s adjusted EBITDA rose by 1.0%, reflecting its performance in North America Intralot has reported a 3.4% increase in consolidated revenue for the fiscal year ending 31 December 2024. Total…
Marketed as a ‘racing-first UK sportsbook’, the product will include proprietary racing features. Key points: – Metric Gaming has launched a sportsbook in the UK with BetZone – The product will focus on horseracing – Metric Gaming partnered with BetZone last July as they began development on this product Metric Gaming has launched a sportsbook…
