Canadian private equity shop Ethical Capital Partners has made its first deal, announcing the acquisition of Pornhub owner MindGeek.

Financial terms of the transaction weren’t disclosed. Luxembourg-based MindGeek is privately held, and Pornhub has an estimated value of $1.5 billion. The company owns other adult entertainment web properties, including YouPorn, Redtube, Brazzers, Sean Cody, Trans Angels, and Nutaku.

Owing to the private equity fi

We’re expanding our horizons with our latest look at the best new online slots of the week. We travel to the Middle East with Rival Gaming and its Cobra King slot, and encounter some killer bunnies in Rabbit Royale from ELK Studios.

But we start our regular report on the best new online slots of the week with a Hacksaw Gaming release: Stormforged. This sumptuous Norse-themed slot boasts expanding wild portals and two exciting bonus features. Are you ready to venture to fiery Muspelheim?

We head into the farmer’s field next with Rabbit Royale from ELK Studios. Win up to 2,500,000.00 as y

Last week, a bill to ban gray, or skill, games in Kentucky seemed in peril. On Thursday, it became law.

During his weekly press conference, Gov. Andy Beshear (D) told reporters that he signed House Bill 594. Sponsored by

Count Barstool Sports founder David Portnoy among those irked by President Biden rapidly moving to bail out now-crippled SVB Financial (NASDAQ: SIVB) — the parent of Silicon Valley Bank (SVB).

In an interview with Fox Business earlier today, Portnoy said Silicon Valley Bank operated a poor business model, and that the government shouldn’t be supporting financial institutions in that position.

When banks fail, it’s a tough one, because,

Wynn Resorts (NASDAQ: WYNN) expects that construction on its casino resort on Al-Marjan Island in the United Arab Emirates (UAE) will commence in a matter of weeks, forecasting a 2027 debut.

Wynn CFO Julie Cameron Doe made related remarks at the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum, which was held this week in Las Vegas. The Encore operator is an equity investor in, and the operator of, what will b

MGM Resorts International (NYSE: MGM) executives expect a modest decline in Las Vegas Strip convention and meeting business this year, with a more earnest rebound materializing in 2024 and 2025.

MGM COO Corey Sanders, and Sarah Rogers, MGM’s senior vice president of corporate finance, commented earlier this week at the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum. The conference was conducted in Las Vegas.

Sanders not

Strange protests

Activists in Tamil Nadu – the southernmost state of India – are part of an unusual form of anti-gambling protest. The activists, members of the political organization Thanthai Periyar Dravidian Kazhagam (TPDK), claim to have sent human ashes to their governor Ravindra “RN” Ravi.

According to TPDK, the packets sent to Ravi contain ashes taken from the cremations of four individuals who died by suicide. The rest of the postal ash is representative of the other 38 deaths which TPDK attributes to gambling on online rummy.

Chennai, Tamil Nadu | Thanthai Periyar Dravidar

Barstool Sports founder David Portnoy is no stranger to controversy. Some might say he even embraces and enjoys it. Fortunately for investors, at least one analyst believes that’s not problematic for Penn Entertainment (NASDAQ: PENN).

Last month, the regional casino operator completed its acquisition of Barstool, paying $388 million for 64% of the sports and entertainment media outlet it didn’t previously own. That transaction occurred almost ex

The Gambling-Related Suicide Research Program, a collaboration between the UK Gambling Commission (UKGC) and Greo Evidence Insights — the latter formerly known as the Ontario Problem Gambling Research Center — is seeking funding proposals.

Greo Evidence Insights says it’s accepting applications for quantitative and qualitative research grants from now until May

Both candidates for Chicago mayor – Paul Vallas and Brandon Johnson – would support the legalization of video gambling machines within their city limits if elected in the April 4 election. The candidates would thus change the practice of previous Chicago majors, who exclusively opted to have a brick-and-mortar casino established in the city limits, […]