The Consumer Discretionary Select Sector Index is off 25% year-to-date, and gaming stocks are among the drags on that benchmark. But at least one research firm sees shares of casino operators as the best bets in the consumer cyclical space.
International Game Technology (NYSE:IGT) is expanding its library of digital games in a big way with the $174 million, all-cash acquisition of iSoftBet, a provider of iGaming content.
Arkansas has officially joined 20 other states, plus DC, in launching legal online sports betting.
Gaming-related companies across Southeast Asia are under attack. Hackers, reportedly out of China, are targeting operations in the region, and where successful, can gain access to entire gaming networks.
Atlanta Falcons wide receiver Calvin Ridley will miss at least the entirety of the 2022 NFL season after the league suspended him for betting on games in 2021.
A partial look at Russia’s Red Square. The future of the country is in doubt as commercial entities pack up following the invasion of Ukraine. (Image: PlanetWare)
Philippine banknotes, pictured. FATF said that the country’s efforts to follow dirty money trails was improving, but not enough to lose its gray-list status. (Image: The Business Times)
The American Gaming Association (AGA) recently released its annual “State of the States” report.
The NBA-to-Las Vegas rumor mill may be poised for closure, and a lengthy one at that, as Commissioner Adam Silver refuted the notion the league will be expanding over the next several years.
888 CEO Itai Pazner said the US market remains a huge opportunity for his company, which has created a platform for profitable long-term growth. (Image: 888 Holdings)