Industry News of the Day for November 2, 2022

iDEA Growth Member News

  • PlayUSA: Boyd Closes $170M Purchase Of Pala Interactive
    • Boyd Interactive Gaming Inc. completed its $170 million acquisition of Pala Interactive LLC on Tuesday, a significant step toward expanding parent Boyd Gaming‘s online casino footprint around the United States.

Industry News

  • SBC Americas: Caesars Entertainment declares Las Vegas sale backtrack in Q3 report
    • Caesars Entertainment declared during its third-quarter financial update that it will be backtracking on its planned divestment of a Las Vegas asset. Within its Q3 release, the operator also announced a year-over-year increase in revenue, with a significant improvement in digital operations.
  • iGB North America: CDI closes $2.75bn Peninsula Pacific Entertainment acquisition
    • Churchill Downs Incorporated (CDI) has completed its purchase of substantially all assets of Peninsula Pacific Entertainment (P2E) for total consideration of $2.75bn. The acquisition agreed in February of this year, includes all P2E’s assets and operations in Virginia, New York and Sioux City, Iowa,




  • D Magazine: Texas judge agrees: Dallas was within its rights to shut down a poker room
    • Bad news for previously legal Dallas poker rooms. Civil District Court Judge Eric Moye last week ruled that the city was within its rights to revoke a certificate of occupancy for the Texas Card House, reversing a decision by the Board of Adjustment that allowed the poker room to legally operate. The Texas Card House plans to appeal, and a spokesman says it will be allowed to continue operating through the process.


  • PlayVirginia: Virginia Collects $411 Million In September 2022 Sports Bets
    • From Commanders to the college game, football brought the expected surge in September 2022 sports bets. The Virginia sportsbooks collected $411.3 million for September, according to numbers released Tuesday by the Virginia Lottery.