Business
March 12, 2026
Betsson to Acquire Rhino Entertainment Group’s Canada License
Swedish online gambling company Betsson has announced it will acquire Rhino Entertainment Group’s B2C business in Canada, as well as a set of technology assets for its B2B operations, for a total sum of EUR 64.5 million (about $74.3 million). Betsson to Purchase Rhino Entertainment Group The acquisition encompasses multiple Rhino Group entities that collectively […]
Business
March 12, 2026
LCKY Group Names Industry Veteran Alex Manning as CTO
LCKY Group, the company formerly known as Glitnor, announced a major new appointment, saying that the experienced Alex Manning will join its fold as its group chief technology officer. The new addition to the company’s C-suite comes not long after its strategic rebrand. LCKY Onboards Former L&W CTO to Its C-Suite LCKY Group hailed Manning’s […]
Business
March 12, 2026
Wynn Resumes Work on Al Marjan Island Project Following Brief Pause
International gaming and hospitality giant Wynn Resorts has published an update on its Wynn Al Marjan Island project in the UAE, confirming that construction has resumed after a short pause related to the ongoing war in Iran. Wynn Had Halted the Construction Due to the War in Iran Wynn Resorts previously halted its […]
Business
March 11, 2026
Genius Sports to Continue Investment in Sports Firm Legend and Prediction Markets
Sports technology company Genius Sports has recently released its FY25 financial results, reporting group-wide revenue growth of 31%, rising from $510 million the previous year to $669.6 million. The company expects to exceed $1 billion in revenue by the end of 2026 following its acquisition of sports content and media firm Legend earlier this year, […]
Business
March 9, 2026
Underdog Acquires Aristotle Exchange to Launch Event Contracts on Its Own
Underdog, an up-and-coming US sports business, confirmed that it has acquired the Aristotle Exchange DCM and Aristotle Exchange DCO. The first of these two businesses is a designated contract market (DCM), while the other is a derivatives clearing organization (DCO). Underdog to Offer Event Contracts Under Its Own Exchange According to the announcement, the acquisition […]
Business
March 6, 2026
FanDuel Reportedly Parts Ways with Sports Prez Mike Raffensperger
Mike Raffensperger, FanDuel’s president of sports, is reportedly preparing to exit the company. His departure comes amid a somewhat turbulent period of FanDuel’s parent company, Flutter Entertainment, although sources suggested that his decision is unrelated to that fact. FanDuel to Distribute Raffensperger’s Responsibilities Among Its Team According to reports, Raffensperger announced his departure in an […]
Business
March 5, 2026
Entain Reports Strong FY2025 as BetMGM Reaches Profitability
Entain achieved substantial growth in fiscal year 2025, propelled by solid online expansion and successful operational results from its BetMGM venture. The London-based betting and gaming company generated stronger earnings and improved cash flow. It also achieved its first full year of profitability through its American business partnership, signaling a shift from years of heavy […]
Business
March 5, 2026
Visualize Group Acquires BMM Testlabs in an Unprecedented Deal
Private investment firm Visualize Group announced that it has acquired BMM Testlabs, one of the biggest names in gaming certification, for an undisclosed sum. This was notably an unprecedented move that was called the “first-ever control acquisition of a major regulated gaming testing laboratory.” The Deal is an Industry First While Visualize did not disclose […]
Business
March 4, 2026
Allwyn & Novibet Abandon Merger Due to Competition Concerns
Gaming entertainment giant Allwyn International has decided to withdraw its planned acquisition of Novibet’s parent company, Logflex MT Holding Limited, due to regulatory concerns. The decision follows recent feedback from the Greek competition regulator. Allwyn Sought to Acquire the Novibet Parent On March 4, Allwyn announced that the acquisition of a majority stake in Logflex […]
Business
March 4, 2026
Bragg Gaming Unveils Leadership Changes in Pursuit of AI Developments & NA Growth
Bragg Gaming Group, a leading iGaming content and technology solutions provider, announced two major leadership changes, including the addition of a new chief operating officer and the appointment of a new executive vice president of global content for the US and Canada. These changes come as the company pursues further growth in North America and […]
