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Laura Craig looks on the impression of China’s newest proposals for the gaming trade. Oz Watson, Jo Joyce and ECIJA’s Xavi Muňoz-Bellvehí look at the evolving method to regulation of loot bins in the EU. Consolidation and a desire to increase profitability, ever-present in any enterprise model, also explain present tendencies. In February 2024, Electronic Arts announced the cancellation of its upcoming Star Wars Games, with an estimated 670 staff to be made redundant globally. Meanwhile, Microsoft recently introduced plans to make 1,900 redundancies in the gaming division and Sony decided to close its London studio, with 900 workers more likely to lose their jobs globally.

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Apollo has a robust observe document of successful current and former investments across leisure, together with in the gaming and entertainment sectors. Under the phrases of the model new agreements, Everi stockholders will obtain $14.25 per share in cash, representing a 56% premium over Everi’s closing share value on July 25, 2024. IGT will receive $4.05 billion of gross money proceeds for IGT Gaming. IGT expects vital parts of the cash proceeds for use to repay debt and to be returned to shareholders.