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Business
October 16, 2025
PrizePicks Secures License to Operate Fantasy Sports in New York
PrizePicks, a leader in sports entertainment, announced that it has secured a license to operate daily fantasy sports in New York. This comes shortly after the company expressed interest in exploring the prediction market space. PrizePicks Makes a Foray into New York In its official announcement, PrizePicks confirmed that it had been awarded an interactive […]
Business
October 16, 2025
MGM Resorts to Sell MGM Northfield Park for $546M
International casino & hospitality giant MGM Resorts International has unveiled an agreement to sell the operations of its MGM Northfield Park. According to the company’s official press release, the buyers are private equity funds managed by Clairvest Group. MGM Originally Bought the Property for $275M The announcement clarified that MGM Resorts will sell the operations […]
Business
October 15, 2025
Tabcorp Onboards Telecommunications Expert Vivian Stewart as NED
Tabcorp has filled a board vacancy with the appointment of Vivian Stewart as a non-executive director. The hire, who is a veteran director, will provide the Australian business with robust experience. Tabcorp Adds Telecommunication & Tech Expert to Team Tabcorp hailed the appointee as an experienced director with a deep understanding of the telecommunications and […]
Business
October 15, 2025
Rank Group Posts Q1 Results, Highlights Growth Despite Setbacks
Rank Group has published its financials for the three-month period ended September 30, 2025 (Q1), highlighting increases across the board. Rank Group’s Revenues Increased Across the Board In its report, Rank Group highlighted Q1 net gaming revenue (NGR) of GBP 210 million ($281.4 million), up 9% year-on-year. Taking a look at how the serious segments […]
Business
October 15, 2025
Entain Posts Q3 Results, Reiterates FY 2025 Guidance
Entain has published its Q3 financial update, highlighting favorable metrics. Thanks to the increasing financials, the company reiterated its FY 2025 guidance. Entain Experienced Stable Growth In its report for the three-month period from July 1 to September 30, 2025, Entain recorded a total group net gaming revenue (NGR) increase of 7% on a constant […]
Business
October 14, 2025
BetMGM Posts Q3 2025 Update, Highlights Double-Digit Increase in Revenue
Leading sports betting and iGaming operator BetMGM has published its Q3 2025 update, highlighting a double-digit increase in revenue. Revenues Continued to Soar In its report, BetMGM emphasized that its Q3 performance has been ahead of expectations due to tailwinds across both its betting and online gaming divisions. As a result, the company’s net revenue […]
Business
October 14, 2025
Xtremepush Secures Investment of Almost $13M from AshGrove Capital
Xtremepush, an AI-driven CRM and gamification platform, has raised $12.6 million in new funding from long-standing investment partner AshGrove Capital, aiming to use the new funds for further expansion into new markets. Xtremepush and AshGrove Capital Sign Financing Deal According to a press release, the B2B software-focused investor has provided the company with a flexible […]
Business
October 14, 2025
Yolo’s Bombay Group Makes Key C-Suite Appointments
Bombay Group, a subsidiary of Yolo Group, has unveiled major appointments to its leadership team, including a new chief marketing officer and a new chief digital officer. The appointments come at an important time for the growing luxury brand. Bach to Strengthen Bombay’s Brand Identity According to the announcement, the experienced Rhiannon Bach and Lauren […]
Business
October 14, 2025
Galaxy Entertainment Group Brings in Thomas Arasi as New CFO
Galaxy Entertainment Group has appointed Thomas Arasi as its new chief financial officer. This is an important hire that demonstrates the company’s commitment to strengthening its C-suite and bringing talented individuals on board. Arasi is no chance hire as he previously served as the president and chief operating officer at Blombery Resorts Corp and has […]
Business
October 14, 2025
Genting Wants Full Control of Genting Malaysia in Recent Takeover Bid
Malaysian conglomerate Genting Bhd has revealed its plan to buy the remaining 50.64% stake in its listed subsidiary Genting Malaysia Bhd for MYR 6.74 billion ($1.6 billion). This move aims to consolidate control over its casino and hospitality operations before making potential big investments in the United States. Genting Suggests MYR 6.3 Billion-Backed Takeover to […]
