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Business
October 2, 2025
Kalshi’s CEO Shares His Thoughts on the Bloomberg Odd Lots Podcast
Kalshi’s CEO, Tarek Mansour, made an appearance on Bloomberg’s Odd Lots podcast and talked about his company’s business operations, and expectedly, the status quo with prediction markets. A Superior Model Is Putting Sportsbooks on the Back Foot Mansour said that prediction markets are not only going anywhere, but they have near-limitless potential when it comes […]
Business
October 1, 2025
Better Collective to Integrate Playbook into X
Leading digital sports media group Better Collective has unveiled a landmark partnership with the social media platform X, formerly known as Twitter. Under the deal, Better Collective’s recently released Playbook solution will launch in the US. Playbook Seeks to Change How Players Interact with Sports For context, Playbook was launched in mid-September as a transformative […]
Business
September 30, 2025
Star Entertainment Secures $285M Debt Waiver Amid Financial Troubles
Australia’s Star Entertainment Group has obtained a vital debt waiver of AUD 430 million (around $285 million), providing the struggling casino operator with the opportunity to raise additional funds as it grapples with a series of financial challenges. Star Entertainment Obtains Massive Debt Waiver On Tuesday, the company confirmed to investors that it had secured […]
Business
September 30, 2025
Aristocrat Names Ex-Catena CEO Michael Daly SVP of Business Development
Global entertainment and content creation company Aristocrat has reinforced its team with a new leadership addition, naming the experienced Michael Daly as its new senior vice president of business development and strategic execution. Aristocrat Onboards a New Leadership Member Daly joined as its new SVP of business development and strategic execution of Aristocrat’s global division […]
Business
September 30, 2025
DraftKings Pens Major Agreement with NBCUniversal
Gaming and betting giant DraftKings has unveiled a major new advertising and sponsorship deal with American multinational mass media and entertainment conglomerate NBCUniversal. Under this multi-year partnership, the operator will secure а presence across the broadcaster’s top sports content. DraftKings to Be Integrated Across NBCUniversal’s Sports Programming Per the deal, DraftKings’ brand will be integrated […]
Business
September 29, 2025
NextBet Starts Australian Operations by Buying CrossBet
A fresh competitor has joined Australia’s tough betting industry. NextBet has begun its operations by buying CrossBet, a bookie based in Brisbane. This purchase kicks off its plan to bring together mid-sized operators and become a top challenger brand. NextBet Buys CrossBet as First Step in Creating Tier-Two Betting Giant The firm, created to benefit […]
Business
September 26, 2025
Light & Wonder Bolsters Its Leadership Roster with Leading Talent
Light & Wonder, Inc. (L&W) has announced a key addition to its senior leadership team with the appointment of Rohan Gallagher as executive VP and global chief corporate affairs officer. The position will be based in Sydney, where Gallagher will oversee investor relations, ESG, corporate social responsibility, and international communication. This newly created position will […]
Business
September 26, 2025
Light & Wonder Bolsters Its Leadership Roster with Leading Talent
Light & Wonder, Inc. (L&W) has announced a key addition to its senior leadership team with the appointment of Rohan Gallagher as executive VP and global chief corporate affairs officer. The position will be based in Sydney, where Gallagher will oversee investor relations, ESG, corporate social responsibility, and international communication. This newly created position will […]
Business
September 25, 2025
Raketech Sells Casumba Division to an Undisclosed Buyer
Raketech Group, a leading online affiliate and content marketing specialist, announced the sale of its Casumba assets. According to the former company, the decision to divest the brand was sparked by regulatory developments that have affected its markets. Raketech Sold the Division for EUR 12M According to Raketech’s announcement, an unnamed buyer has agreed to […]
Business
September 24, 2025
Yolo Group Cuts 280 Jobs as Part of Major Strategic Overhaul
Prominent crypto-focused gaming and technology operator Yolo Group has confirmed it will lay off 280 employees in Estonia as part of a sweeping restructuring plan to consolidate its operations, as the company shifts its focus exclusively to regulated markets. Founder Tim Heath was adamant that such a move would create new opportunities and help Yolo […]
