G3 Newswire

    Highfield Investment to launch two new Spire Casinos at racetracks in Calgary and Edmonton

    Canadian operator Highfield Investment Group has announced plans to launch Spire Casino venues at two recently acquired and renamed racetracks in Alberta. The gaming facilities will be developed at Chinook Downs Racetrack in Calgary and Northern Mile Racetrack in Edmonton. The move follows Highfield's acquisition of the racing and gaming operations of Century Downs in October.

    FEDBET warns that 80 per cent of Romania’s legal gambling market will be wiped out by year end

    Romania's Federation of Gambling Organisers, FEDBET, has warned that 80% of the country's legal gambling market will be eliminated by year-end due to blocked authorisations. The trade body projects that the number of legal slot machines will plummet from over 43,000 in March to approximately 9,000 by early 2027. FEDBET cautioned that the regulatory freeze will not curb consumer demand, but rather shift it toward unregulated channels.

    UK Gambling Commission ramps up action against illegal gambling profits and assets

    The UK Gambling Commission has announced an expanded enforcement strategy that targets the profits and financial assets of illegal gambling operations. Marking the start of Illegal Gambling Awareness Week, the regulator confirmed it will broaden its focus beyond domain disruption to follow the money behind black-market operators. The initiative aims to strip unlawful entities of illicit proceeds alongside existing takedown efforts.

    Bally’s up 21 per cent as landside moves pay off in Baton Rouge and Marquette

    Bally's has reported preliminary third-quarter revenue of $807.6m, reflecting a 21.7% increase year-over-year. The performance was supported by a 22.8% rise in B2C revenue to $257.5m and a 3.2% increase in Casinos & Resorts revenue to $408.6m. Gains in the land-based division were largely driven by recent landside moves at Bally’s Baton Rouge and Bally’s Marquette.

    Encore Boston Harbor strike comes to an end with new labour agreement signed

    An eight-and-a-half-week strike at Encore Boston Harbor has concluded following the ratification of a new five-and-a-half-year collective bargaining agreement. More than 1,300 workers represented by Teamsters Local 25 and UNITE HERE Local 26 voted overwhelmingly in favor of the deal. The agreement ends prolonged industrial action prompted by contract negotiation disputes.

    CFTC states geographic restrictions are in conflict with impartial market access

    The Commodity Futures Trading Commission (CFTC) has issued an interpretation clarifying that domestic geographic restrictions enforced by designated contract markets (DCMs) violate federal impartial access rules. Under Commission Regulation 38.151(b), DCMs are required to maintain competitive, open, and fair access for all members and persons with trading privileges. Operators currently enforcing non-compliant geographic restrictions have been ordered to end the practice within 30 days.