Casino and gambling Industry News & Business Insights

By: Paul Skidmore

Evoke 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.
Caesars Extends $18 Billion Takeover Talks
Grant MitchellBy: Grant Mitchell

Caesars 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.
Jockeys riding horses in a close competitive race at a racetrack
Lucas DunnBy: Lucas Dunn

Rideau 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.
US Energy Chief Says Gas Prices Have Peaked, But Will Stay Above $3 Until Next Year
Richard JanvrinBy: Richard Janvrin

US 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.
Meta Planning Massive Layoffs in May Amid AI Push
Richard JanvrinBy: Richard Janvrin

Meta 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.
Interior of the Senate of Canada chamber showing red carpet, wooden seats, and ornate gilded ceiling in Ottawa
Lucas DunnBy: Lucas Dunn

Canada'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.
Spirit Airlines Could Begin Liquidating Soon Amid Rising Costs
Richard JanvrinBy: Richard Janvrin

Spirit Airlines Could Begin Liquidating Soon Amid Rising Costs

Spirit Airlines may liquidate soon as rising costs and losses continue.
PepsiCo Lowered Food Prices, Tops Earning Expectations
Richard JanvrinBy: Richard Janvrin

PepsiCo Lowered Food Prices, Tops Earning Expectations

PepsiCo surpassed earnings expectations after lowering food prices and more.
US Lawmaker Calls on Airlines to Cut Prices Should Fuel Prices Dip
Richard JanvrinBy: Richard Janvrin

US 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.
101st Street in downtown North Battleford, Saskatchewan, showing local businesses along a quiet main street.
Lucas DunnBy: 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.