Business
July 21, 2025
Pavilion Payments Expands Capabilities via CasinoSoft Acquisition
Pavilion Payments completed the acquisition of casino compliance software specialist CasinoSoft. This move aims to enhance operational efficiency across the gaming industry’s most complex areas, such as AML compliance, jackpot processing, and tax reporting. This development should also enable Pavilion Payments to retain its momentum and secure additional strategic partnerships. Evolving Challenges Require Innovative Solutions […]
Business
July 21, 2025
The Philippines’ SEC Greenlights Hann Holdings’ IPO
The Securities and Exchange Commission (SEC) of the Philippines has greenlit Hann Holdings’ initial public offering (IPO) plans. The company, which operates a casino resort in the country, is planning to go public later this year. Hann Holdings Seeks to Go Public Hann Holdings is the owner of Hann Casino Resort, a premium casino resort […]
Business
July 21, 2025
Allwyn Acquires Stoiximan, Divests Assets in Australia and Germany
Lottery and casino powerhouse Allwyn has completed its acquisition of Stoiximan by acquiring the remaining shares in the company. At approximately the same time, the company divested casino assets in Australia and Germany, furthering its online focus. The Company Set Out to Acquire the Remainder of Stoiximan According to Allwyn’s official announcement, Stoiximan, which is […]
Business
July 18, 2025
MIXI Submits All-Cash Offer as the Duel for PointsBet Continues
MIXI Australia has formally submitted its latest takeover offer for PointsBet, once again challenging rival Betr. This comes shortly after the latter company updated its own offer for PointsBet. MIXI Submits an All-Cash Offer MIXI, which previously failed to secure sufficient shareholder backing for its acquisition of PointsBet, has now returned with a new offer. […]
Business
July 18, 2025
Betsson’s Shares Plummet in Spite of Favorable Q2 Report
Betsson Group has published its report for the second quarter of 2025, reporting a significant organic increase in revenue. Despite that, the company’s shares have taken a dip. Betsson’s Report Outlined Double-Digit Revenue Growth According to Betsson’s report, its group revenue stood at EUR 303.7 million ($353 million) for the period, up 12% year-on-year. This […]
Business
July 17, 2025
Posh Monkey Studios Secures Investment from Velo & Deal with Games Global
Posh Monkey Studios, an ambitious developer of iGaming products, has secured a strategic investment from Velo Partners. The extra funding will help the studio accelerate its growth on a global scale. At the same time, the studio inked a deal with Games Global. The Exact Sum Was Not Disclosed Although the announcement didn’t specify the […]
Business
July 16, 2025
Betr Rejoins the Fight for PointsBet with a New Proposal
Betr has once again submitted a proposal for the acquisition of PointsBet despite the latter company’s apparent contentment with the MIXI proposal. This time, Betr has put AUD 1.89 per PointsBet share on the table. Betr Resumes the Negotiations Betr has resumed the negotiations with a new all-share takeover proposal, offering AUD 1.89 per […]
Business
July 16, 2025
Casino Stocks in South Korea Increase Thanks to Foreign Tourism
Although South Korea’s eased visa policy for Chinese tourists isn’t set to take effect until later in the third quarter, casino stocks are already climbing in anticipation of a surge in inbound travel. South Korea’s Casino Sector Rises Ahead of Visa Changes for Chinese Tourists South Korea’s gaming industry is already seeing gains ahead of […]
Business
July 16, 2025
Las Vegas Sands Kicks off $8B Marina Bay Sands Expansion
Casino and hospitality giant Las Vegas Sands has kicked off the construction of its Marina Bay Sands expansion. The $8 billion endeavor will significantly improve the company’s Singapore portfolio. A Game Changer for Both LVS and Singapore The works kicked off on Tuesday and should wrap up by June 2030. LVS held the groundbreaking ceremony […]
Business
July 16, 2025
FanDuel Doubles Down on Suspending Bettors Who Harass Athletes
From hecklers to death threats, professional and even amateur athletes, not to mention student-athletes, have been the target of people who have wagered on their performance and came up empty-handed. Irate Bettors Who Lose Their Minds and Issue Threats Are Now Fair Game Student-athletes are increasingly targeted by online abuse, with 12% of all social […]
