Latest Gaming Industry News

Ainsworth Game Technology has received a proportional takeover offer at a 28.7% premium from Kjerulf Ainsworth, while its board continues to recommend the full takeover offer from Novomatic.

Ainsworth Game Technology has lodged a supplementary statement supporting Novomatic’s unconditional takeover bid, even as its CEO resigns amid regulatory hurdles. The board unanimously recommends acceptance, with the offer deemed fair by an independent expert.

Ainsworth Game Technology’s CEO Harald Neumann faces a setback as the Nevada Gaming Control Board recommends withdrawing his license application, prompting a board review of his role.

PlaySide Studios has extended its development contract with Meta Platforms for Horizon Worlds by 12 months, reinforcing its revenue outlook through 2026.

The Star Entertainment Group has finalized a crucial covenant waiver with its syndicated lenders, easing financial pressures ahead of its FY2025 audited report. This development clarifies ongoing negotiations and sets the stage for the company’s next financial chapter.

InFocus Group Holdings has launched a dedicated iGaming business unit, aiming to capitalize on the booming $95 billion online gaming industry with key contracts and digital asset integration.

The Queensland Government has postponed the suspension of The Star Gold Coast's casino licence until September 2026, extending regulatory oversight as the company continues remediation efforts.

Ainsworth Game Technology’s Independent Board Committee has unanimously recommended shareholders accept Novomatic AG’s unconditional $1.00 per share cash takeover offer, supported by an independent expert’s report deeming the offer fair and reasonable.

Light & Wonder has priced $1 billion in senior unsecured notes due 2033, aiming to refinance existing debt and potentially repurchase equity. This move signals a strategic shift in the company’s capital structure.

Light & Wonder, Inc. has announced a proposed $1 billion private offering of senior unsecured notes due 2033, aiming to refinance existing debt and support corporate initiatives.

SkyCity Entertainment Group has successfully completed a NZ$240 million equity raise through a fully underwritten entitlement offer, with retail shareholders subscribing to one-third of their entitlements. New shares will begin trading next week on both the NZX and ASX.

PlaySide Studios has completed a $1.825 million Share Purchase Plan, adding to a recent $6.47 million private placement, to strengthen its balance sheet and support marketing efforts for upcoming game releases.