Business News and Headlines
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 […]
Business
March 4, 2026
FashionTV Gaming’s 2026 Strategy Cements Luxury as a New iGaming Category
The launch of FTV GamesHUB expands the availability of FashionTV-branded games through a unified plug-and-play aggregation infrastructure, enabling operators and platform providers to instantly deploy the complete FashionTV Luxury Games portfolio, create dedicated Luxury Categories, and launch them through a single seamless integration – creating a new growth engine for operators while enabling premium player […]
Business
March 2, 2026
Swivel Gaming Adds Industry Veteran Michael Pedersen as CEO
Swivel Gaming, a B2B provider offering an array of elite games like video slots, live casino, table games, sports betting, and e-sports, supported by a comprehensive platform, announced the appointment of Michael Pedersen as its new chief executive officer. Pedersen, who is an industry veteran, will be tasked with leading the Malta-based company and guiding […]
Business
March 2, 2026
Penn Entertainment Posts Q4 Results, Expects Major Cost Savings in 2026
Penn Entertainment has published its financial report for Q4 2025, highlighting record digital gaming results and strong retail performance despite weather-related setbacks. Penn’s Q4 Results Highlighted Its Strong Position In its report, Penn Entertainment said that its Q4 revenues increased to $1.8 billion versus $1.7 billion in the prior year quarter. At the same time, […]
Business
March 2, 2026
Flutter Entertainment’s FY 2025 Report Outlines Mixed Results
Gaming giant Flutter Entertainment has published its financials for 2025, highlighting a mixed bag of results. While the company’s revenue and EBITDA grew, its net income declined significantly, prompting another dip in its share price. Net Income Plummeted, Despite Increases in Revenue, EBITDA Flutter’s Q4 2025 results outlined significant setbacks reflected in a staggering 94% […]