Apollo Global Management has completed its $6.3 billion all-cash acquisition of International Game Technology’s Gaming & Digital division and Everi Holdings Inc., uniting the two under a single enterprise set to operate as IGT. The deal, facilitated through …
The post Apollo Finalizes IGT, Everi Merger in $6.3B Gaming Deal first appeared on RealMoneyAction.com.
Intralot has announced a landmark agreement to acquire Bally’s International Interactive business in a transaction valued at €2.7 billion ($3.1 billion). The deal, approved by the boards of both companies, will be finalized through a mix of €1.53 billion …
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Caesars Entertainment has introduced Remote Reels™, a groundbreaking feature at Tropicana Atlantic City that lets online players interact with real slot machines in real time through the Caesars Palace Online Casino platform. The innovation offers users a true casino …
The post Caesars Launches Remote Reels™, Blending Online Play with Live Slot Action first appeared on RealMoneyAction.com.
Evolution has secured an exclusive multi-year partnership with global toy and entertainment giant Hasbro, becoming the sole licensee for developing online slots and live casino games inspired by MONOPOLY and other iconic Hasbro Games. The worldwide agreement includes the …
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A fresh push to legalize eSports betting is underway in Pennsylvania, as State Representative Ed Neilson reintroduced House Bill 1636. The bill seeks to broaden the state’s gambling laws to cover competitive video gaming, aligning eSports wagers with traditional …
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Laurence Escalante has made a firm $3.2 billion move to buy out minority shareholders in Virtual Gaming Worlds (VGW), cementing his intent to take sole ownership of the sweepstakes casino leader. The Perth billionaire, who already owns 70% …
The post Escalante Locks in $3.2B Final Offer to Take Full Control of VGW first appeared on RealMoneyAction.com.
Underdog Sports, a major fantasy sports operator, has filed a lawsuit in Sacramento Superior Court to prevent California Attorney General Rob Bonta from issuing a legal opinion that could declare digital fantasy sports platforms illegal in the state. The …
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New Jersey lawmakers have overwhelmingly approved legislation banning online sweepstakes casinos while simultaneously increasing tax rates on digital gambling operators. Both bills now head to Governor Phil Murphy’s desk for final approval.
In a swift …
The post NJ Legislature Approves Ban on Sweepstakes Casinos, Raises Gambling Taxes first appeared on RealMoneyAction.com.
Pennsylvania could soon add eSports to its list of approved wagering options under new legislation introduced by state Rep. Ed Neilson. The bill, known as House Bill 1636, aims to update the state’s sports betting laws to include organized …
The post Pennsylvania Bill Seeks to Legalize Esports Betting, Empower Regulators first appeared on RealMoneyAction.com.
Prediction market platform Kalshi has reached a $2 billion valuation after closing a $185 million Series C funding round. Led by crypto-focused firm Paradigm, the round also included investments from Sequoia, Bond Capital, Neo, Multicoin, and Citadel Securities CEO Peng …
The post Kalshi Raises $185M, Hits $2 Billion Valuation Amid Regulatory Momentum first appeared on RealMoneyAction.com.