Entain chief-executive Jette Nygaard-Andersen has said her company may return the £102 million (US$136 million) it claimed in coronavirus relief payments. That’s following a media backlash about the perceived misuse of taxpayers’ money. But then again, she said, it might not. Last week, The Guardian complained the UK-based gambling giant had claimed the funds — […]
A source claims the company’s highly-anticipated mixed reality headset will prioritize shorter experiences. Last year rumors began circulating that Apple is in development of its own combination VR/AR headset. As for when we can expect to get our hands on this long-rumored mixed reality device, some sources are reporting a potential 2022 release date, though […]
In a sweeping commentary on casino stocks today, Bank of America analyst Bank of America analyst Shaun Kelley recommends focusing on quality and value opportunities in the space. In a note to clients, Kelley highlights at least seven gaming names, speaking bullishly on a quartet while downgrading a trio. Among the names the analysts like […]
The Showboat Atlantic City hotel is set to break ground this week on its $95 million indoor and outdoor waterpark complex. Philadelphia real estate developer Bart Blatstein has been focused on non-gaming attractions since he acquired the Boardwalk resort in early 2016 from Stockton University for $23 million. The Showboat has operated as a hotel […]
Mobile sports wagering finally launched in New York on Saturday, and analysts are already identifying winners, with one singling out Caesars Entertainment (NASDAQ:CZR). After a long wait, mobile sports betting commenced in the fourth-largest state on Saturday, Jan. 8, and the debut was unlike anything previously seen in terms of state launches. GeoComply, a provider […]
The Philippines Court of Appeals has quashed fraud charges against the Japanese gaming billionaire Kazuo Okada. In the same breath, it overturned a lower court ruling that found he should stand trial for allegedly misappropriating more than US$3 million from his former company, Tiger Resorts, operator of the Okada Manila integrated resort. The order was […]
No dia 9 de Janeiro de 2022, a Liquid Entertainment, uma gravadora completamente real e não fictícia, irá debutar seu novo grupo chamado Team Liquid BR! Edição em Português.
Video game producer Take-Two Interactive (NASDAQ:TTWO) is acquiring mobile games maker Zynga Inc. (NASDAQ:ZNGA) in a transaction carrying an enterprise value of $12.7 billion. The cash and equity deal values the “FarmVille” producer at $9.86 a share — a more than 64 percent premium to where the stock closed on Jan. 7. Under the terms […]
Take-Two, the publisher of blockbuster titles like Grant Theft Auto, Borderlands, and BioShock, has today announced its acquisition of mobile company Zynga for $12.7 billion. A giant in the business, the California-based developer is known for the likes of FarmVille and Wizard of Oz Slots. The purchase is designed to strengthen Take-Two's overall position in the mobile market to the point where it is considered a market leader.
A press release reads: "The transaction will create a powerful and diverse portfolio of industry-leading titles that span key platforms and genres across interactive entertainment, developed by some of the most creative and forward-thinking talent within the industry. By sharing best practices and key data insights across the enterprise, the Company is expected to benefit from significant development and publishing synergies, unlock new revenue streams and reach new audiences around the world."
The "Space City" is a hub for activities, but if you find yourself wanting to leave the city for the day, check out these 10 best day trips from Houston.
