Day: April 24, 2024

Inflation, Interest Rates Weighing on Gaming Industry M&A, Says Analyst

Entering this year, it was widely expected that the Federal Reserve would pare interest rates from 20-year highs, potentially unleashing a wave of mergers and acquisitions activity in the casino gaming industry, but that scenario hasn’t materialized. The Las Vegas Strip. High interest rates are weighing on gaming industry mergers and acquisitions activity, says an…

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Pennsylvania Online Gaming Amendment Bill Filed to Remove Credit Card Deposits

Legislation in Pennsylvania seeking to amend rules regarding how players fund their online gaming accounts has been filed in the Harrisburg capital. Online gamblers in Pennsylvania can use their credit cards to fund their internet wagering accounts. Several state senators are concerned online gambling on credit is only worsening the state’s consumer credit card debt…

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