Business News and Headlines
Business
February 17, 2026
Super Group Accused of Overstating Subsidiary Earnings
Super Group (NYSE: SGHC) is under the spotlight after a short-seller report claimed the iGaming and sportsbook operator may have overstated earnings from its South African subsidiary, Raging River. The allegations, made by money manager Spruce Point Capital Management, suggest investors could have been misled by the company’s financial statements. The Ownership Issue Spruce Point […]
Business
February 16, 2026
FanDuel Strengthens Team with Ari Avishay as SVP of Marketing
Leading betting brand FanDuel has onboarded veteran marketer Ari Avishay as its new senior vice president of marketing. The new appointee is a former Paramount+ member and boasts significant experience in promoting products to a global audience. FanDuel Onboards Marketing Veteran Avishay joins FanDuel, bringing what company executives called a “proven track record” of driving […]
Business
February 16, 2026
Las Vegas Sands Confirms Patrick Dumont as CEO & Chair, Goldstein Steps Down
International casino and hospitality giant Las Vegas Sands unveiled a significant change to its leadership, naming the experienced Patrick Dumont as its new chairman and chief executive officer. Dumont has also been named chair of the company’s China-facing subsidiary, Sands China. Las Vegas Sands to Welcome a New CEO on March 1 On February 13, […]
Business
February 11, 2026
Novomatic’s Takeover of Ainsworth Game Technology Falls Through
A few days after announcing that its planned acquisition by NOVOMATIC has been postponed once again, Ainsworth Game Technology Limited, an Australia-based gaming provider, confirmed that the deal has fallen through. NOVOMATIC Sought to Acquire the Rest of Ainsworth In its official announcement, Ainsworth commented on NOVOMATIC’s effort to acquire the remainder of the Australian […]
Business
February 11, 2026
Q4 Was Catena Media’s Strongest Quarter Since Its Organizational Reset
Leading gaming affiliate Catena Media has published its financials for Q4, highlighting a strong end to the year. Despite the weaker revenue for the year, the company’s EBITDA metrics increased significantly in 2025. Another Solid Quarter for Catena Media Coming after a “solid” Q3, Catena Media’s report outlined Q4 revenue of EUR 15.6 million […]
Business
February 10, 2026
Shareholders Show Strong Confidence in the Allwyn–OPAP Merger
Shareholders signal significant support for the proposed merger between Allwyn and OPAP as the deal promises to redefine Europe’s lottery and gaming landscape. OPAP held an extraordinary general meeting at the beginning of January, allowing investors to exit the company. Only 6.7% of OPAP’s outstanding shares were compensated in this manner, signaling that most shareholders […]
Business
February 9, 2026
Atlas SEO Closes Office, Putting 50 Jobs at Risk
Atlas SEO, a digital marketing agency based in Norwich, United Kingdom, is set to close its office less than two years after its acquisition by Gentoo Media, a Malta-based affiliate marketing powerhouse. The closure potentially jeopardizes 50 jobs, which might be declared redundant by the parent company. The Company Faced Difficulties in the UK GiG Media […]
Business
February 9, 2026
LuckBox Studios Onboards Industry Veteran John Maguire as Chief Customer Officer
LuckBox Studios, an up-and-coming sports prediction tech company, announced the appointment of an industry veteran as its new chief customer officer. The one joining the studio at this time is John Maguire, a former member of gaming powerhouse FanDuel. Maguire Joins LuckBox to Help It Redefine Betting LuckBox Studios, which confirmed the appointment on LinkedIn, […]
Business
February 6, 2026
MGM Resorts Posts Strong Q4 and FY 2025 Results, Prepares for Further Growth
Global casino and hospitality giant MGM Resorts International has published its financial results for Q4 2025 and FY 2025, highlighting the continued strength of its portfolio. With the Osaka resort being built, MGM is even more optimistic about what the future might hold. Q4 Was a Strong Quarter Despite the Vegas Setbacks In its release, […]
Business
February 6, 2026
Genius Sports Stock Plummets, Shareholders Unimpressed with Legend Deal
Genius Sports just set out to acquire Legend, a global, digital sports and gaming media network built to monetize attention, in a groundbreaking $1.2 billion deal. While the company was thrilled about this move, investors did not reflect the same enthusiasm. Investors Don’t Believe the Acquisition Was a Genius Move Genius Sports just announced that […]