Betting industry news

    Galaxy Gaming is evaluating its options with Evolution following the passing of the July 17, 2026 merger date

    Galaxy Gaming is reassessing its strategic options concerning a potential merger with Evolution Gaming, as the previously established July 17, 2026 merger deadline has passed without a deal being finalized. Galaxy Gaming, a developer of casino table games, stated it remains positive about its company's direction and looks forward to an ongoing relationship with Evolution, despite the missed merger date.

    BreakingRegulatory

    GGL and Dataport expand LUGAS infrastructure for nationwide gambling regulation

    Germany's Joint Gambling Authority (GGL) is collaborating with IT service provider Dataport to further develop and maintain LUGAS, the central IT system for nationwide online gambling regulation. LUGAS serves as the core data foundation for supervising Germany's legal online gambling market, ensuring a reliable infrastructure for the country's unique regulatory system.

    South Korean Casino Stocks Tumble on Government’s Fee Hike

    South Korean Casino Stocks Tumble on Government’s Fee Hike

    South Korean casino stocks have significantly declined after the government announced a mandatory increase in operators' contributions to the state tourism fund. Companies like Paradise and Lotte Tour Development experienced sharp drops in their share prices following this news, indicating investor concern over the financial impact. This regulatory change directly affects the profitability and market valuation of casino businesses in the region.