
Articles
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1 week ago |
gamblingnews.com | Melanie Porter
A better-than-expected performance in April has renewed optimism in gaming manufacturer Aristocrat Leisure, according to Jefferies Equity Research analyst Kai Erman. After two sluggish months, gross gaming revenue (GGR) in the U.S. bounced back last month, giving Erman reason to believe Aristocrat’s momentum is just getting started. Slot machine proceeds in April grew by 3.5%, a marked improvement from flat results in March and a dip in February.
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1 week ago |
gamblingnews.com | Melanie Porter
In a bold move, California gubernatorial candidate Kyle Langford has placed a small but symbolic wager on himself. The Republican hopeful publicly disclosed on X (formerly Twitter) that he purchased $98.76 worth of contracts on Kalshi, the popular prediction market platform that has recently added Solana to its crypto options, betting that he will become California’s next governor in 2026.
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1 week ago |
gamblingnews.com | Melanie Porter
Leading online gambling platform, content, and service provider Playtech is handing over the reins of its German sports betting brand, Happybet, to NetX Betting, a subsidiary of German gambling operator pferdewetten.de AG. The move marks a key milestone in Playtech’s shift away from consumer-facing operations as it continues to focus solely on Business-to-Business technology services.
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1 week ago |
gamblingnews.com | Melanie Porter
Roughly two weeks ago, we announced Montana was just a quick governor’s signature away from placing sweepstakes social casinos outside the law. On Friday, Governor Greg Gianforte, the state’s 25th governor, signed Senate Bill 555 into law, clearly showing the Treasure State’s stance in the ongoing national debate over online gaming by officially banning sweepstakes gambling. The law goes into effect on October 1, making Montana the first state to implement such a ban.
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2 weeks ago |
gamblingnews.com | Melanie Porter
Activist hedge fund and major Penn Entertainment shareholder HG Vora is intensifying its campaign for change at the gaming company. In a detailed presentation titled “Genuine Change Is Needed at PENN,” the fund accused the premier regional casino operator in the U.S of squandering over $11 billion in shareholder value since 2021 by doubling down on online sports betting while failing to capitalize on the more promising online casino space.
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