SectorWire
SearchGet the daily briefing
Menu

J&J Gaming acquires Midwest Amusements across three states

Deals & M&A

J&J Gaming announced that it had acquired Midwest Amusements, which manages more than 420 gaming devices at 101 locations in Nebraska, Iowa and Wyoming. J&J Gaming said the addition will bring its platform to more than 32,200 devices in 4,200 locations across seven jurisdictions.

The acquisition expands J&J Gaming’s device and location network across three states.

Connections

Request a correction

Keep reading

Regulation

Prediction market operators withdraw sports contracts across three US states

Coinbase agreed to end Michigan sports contract activity by 10 October. The agreement requires Coinbase to close outstanding positions while its appeal continues. The outlet also reported that Webull, Gemini and ProphetX exited Connecticut, while PrizePicks paused new sports prediction entries in Missouri but kept existing entries active.

Under a deal announced Wednesday, Coinbase will halt new sports event contracts in Michigan by Oct. 10, with every open position to be wound down by that date as well, the Michigan Gaming Control Board said in a press release. While the appeal proceeds, the company keeps its legal arguments intact, and Michigan pledged to hold off on enforcement so long as Coinbase stays within the restrictions.

Continue reading