Business News and Headlines
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 […]
Business
February 5, 2026
Genius Sports Acquires Legend, Publishes Preliminary 2025 Results
Genius Sports, the official data, technology and broadcast partner that powers the global sports, betting and media ecosystem, announced that it has penned a definitive agreement to acquire Legend, a global, digital sports and gaming media network built to monetize attention. In addition to that, the company published its preliminary results for the year. Genius […]
Business
February 5, 2026
Playtech’s H2 2025 Update Highlights the Company’s Strength
Playtech has published its trading update for H2 2025, reporting strong performance and setting optimistic expectations for its financial report. However, the company also acknowledged certain headwinds that it is now facing in certain key markets, such as the UK. Playtech Bullish on 2025, Optimistic about 2026 The update highlighted Playtech’s continued strength, which was […]
Business
February 5, 2026
Evolution Pleased with FY 2025 Financials Despite Multiple Setbacks
Evolution, a provider of cutting-edge online casino games and live casino experiences has published its financial results for the final quarter of 2025, reporting decreases in revenue and EBITDA. Despite that, the net revenues for the full year remained stable. Evolution Faced Some Setbacks in Q4 In Q4 2025, Evolution’s net revenues reached EUR 514.2 […]
Business
February 4, 2026
2025 Was a Record Year for BetMGM, Which Exceeded All Expectations
Online gaming and sports betting giant BetMGM has published its financial results for 2025, highlighting performance that exceeded its leadership’s expectations. As revenue continued to experience double-digit growth, the company turned EBITDA positive, sparking optimism about its long-term success. BetMGM Remains on Track to Achieve EBITDA of $500M in 2027 The report outlined FY 2025 […]
Business
February 4, 2026
Crypto.com Bets on Prediction Markets with Launch of Its OG Platform
Crypto.com has doubled down on its US expansion plans with the launch of OG, a standalone prediction market platform that brings regulated event trading to a wider audience. The company intends to expand its current operations into a vertical that has drawn growing interest from sports fans, investors, and regulators while incorporating lessons learned from […]
Business
February 3, 2026
Accel Entertainment Unveils Team Changes, CEO Role Succession
Accel Entertainment, a leading distributed gaming operator in the US, announced major C-suite changes and board additions. Among other things, the company confirmed the upcoming succession of the CEO position. Accel Entertainment Enacts Major C-Suite Reshuffling In its announcement, Accel Entertainment said that its founder and chief executive officer, Andy Rubenstein, has been selected as […]
Business
February 3, 2026
Scientific Games Names Ovie Doro as SVP of Data, Analytics & AI
Scientific Games an international provider of lottery games, technology, analytics and services to government-sponsored lotteries, announced the addition of a new team member. According to the company’s announcement, the experienced Ovie Doro will join the business as its new senior vice president of data, analytics and artificial intelligence. Analytics Expert Joins the Company’s Team Scientific […]
Business
February 3, 2026
Michael Burry Flags MGM and Wynn as Unlikely GameStop Acquisition Targets
Investor Michael Burry, best known for shorting the housing market ahead of the 2007 real estate bubble collapse, has made another bold move. Years after cementing his reputation, he is once again stirring speculation by flirting with the idea that MGM Resorts International and Wynn Resorts could present an M&A opportunity for none other than […]