Casino and gambling Industry News & Business Insights

By: Paul SkidmoreEvoke in £225 Million Takeover Talks with Bally’s Intralot
Evoke has confirmed takeover talks with Bally’s Intralot over a 50p-per-share proposal as pressure builds after UK tax changes.

By: Grant MitchellCaesars Extends Talks for Tilman Fertitta’s $18 Billion Takeover
It was believed that Caesars and Fertitta had been engaged in a 45-day exclusive negotiating window that began in late-February.

By: Lucas DunnRideau Carleton Raceway Closure Sparks Community Pushback
Hard Rock's shock decision to end harness racing at Rideau Carleton after 64 years has sparked community outrage and a growing campaign to save the Ottawa track.

By: Richard JanvrinUS Energy Chiefs Says Gas Prices Have Peaked, But Will Stay Above $3 Until Next Year
Gas prices won't increase, but won't dip below $3 until next year, says US Energy Chief.

By: Richard JanvrinMeta Planning Massive Layoffs in May Amid AI Push
As it increases investment in AI, Meta is planning two waves of layoffs this year, per Reuters.

By: Lucas DunnCanada's Bill S-211 Set for Key House Vote on Sports Betting Ads
Canada's House of Commons votes April 22 on Bill S-211, a bill that could create a national framework to regulate sports betting advertising.

By: Richard JanvrinSpirit Airlines Could Begin Liquidating Soon Amid Rising Costs
Spirit Airlines may liquidate soon as rising costs and losses continue.

By: Richard JanvrinPepsiCo Lowered Food Prices, Tops Earning Expectations
PepsiCo surpassed earnings expectations after lowering food prices and more.

By: Richard JanvrinUS Lawmaker Calls on Airlines to Cut Prices Should Fuel Prices Dip
Airlines have increased prices, and a US lawmaker is asking if they'll cut prices should fuel costs come down.

By: Lucas Dunn$100M Gold Eagle Casino Resort Coming to North Battleford
MGBHLM and SIGA are relocating and expanding the Gold Eagle Casino into a $100M resort with a hotel and convention center along Highway 16 West.