Business News and Headlines
Business
May 13, 2026
Allwyn Doubles Down on Expansion Plans Despite Investor Apprehension
At Allwyn’s recent Ordinary and Extraordinary General Meetings, the company approved all proposed resolutions, such as board reappointments and the relocation of its registered office to Switzerland. However, some lingering concerns remain, particularly concerning the company’s share price. Following the merger with OPAP, the stock dropped from above EUR 20 ($23.42) to just over EUR […]
Business
May 13, 2026
Flutter Executives Remain Confident in Growth Despite LSE Exit Rumors
Flutter Entertainment’s leading executives have sent a clear message, backing the business with their own money despite rumors of a London Stock Exchange (LSE) exit. In recent weeks, senior figures at Flutter Entertainment, including CEO Jeremy Peter Jackson, have been buying shares following a steep drop in the company’s stock price. The purchases likely aim […]
Business
May 13, 2026
Scientific Games on the Lookout for New CFO After Nick Negro Departs
Scientific Games, an international provider of lottery games, technology, analytics and services to government-sponsored lotteries, announced that it is to part ways with Nick Negro, its chief financial officer. Negro is set to exit the company in a few days, and will be replaced by Ray Anderson on an interim basis. The Outgoing CFO Wanted […]
Business
May 13, 2026
Brightstar Reports Stable Q1 Results Due to Tailwinds
Brightstar Lottery has published its financial results for Q1 2026, reporting stable revenue. The company also published its FY 2026 forecasts, saying that it expects an increase in adjusted EBITDA. The Company Started 2026 on a Strong Note Brightstar Lottery’s Q1 report outlined revenue of $587 million for the three-month period ended March 31. This […]
Business
May 12, 2026
Waterhouse VC Secures Option to Buy Stake in Spinlab Studio
Waterhouse VC, an Australian investment fund specializing in global publicly listed and private businesses operating in wagering and gaming, has secured a three-year option to acquire a stake in Spinlab Studio, a no-code iGaming platform allowing clients to build, launch, and scale their own platforms. Waterhouse Could Acquire a Non-Controlling Stake in the Company Waterhouse […]
Business
May 12, 2026
ReferOn Changes Hands as Alex Bukin Completes Management Buyout
ReferOn, an iGaming-oriented affiliate management platform, confirmed its acquisition by Alex Bukin. Bukin, who previously served as the business’s general manager, will now be named CEO and will spearhead ReferOn’s next phase of growth. Bukin to Head ReferOn as CEO In its official announcement, ReferOn confirmed that former general manager Alex Bukin has completed a […]
Business
May 12, 2026
Super Group Posts Record-Breaking Q1 Results, Reaffirms 2026 Guidance
Super Group, the company behind Betway and Spin, has published its financials for the three months ended March 31. In its report, the company revealed double-digit growth in revenue and EBITDA, highlighting a strong period for its business. The Company’s Metrics Improved Across the Board Super Group’s unaudited consolidated results for Q1 2026 outlined revenue […]
Business
May 12, 2026
Entain Calls for End to Sponsorship by Unlicensed Bookmakers
Entain’s call for the Independent Football Regulator (IFR) to take action on partnerships with unlicensed betting firms has cranked up the heat in the gambling sponsorship row in English soccer. Entain Says IFR Can Act Now on Unlicensed Betting Sponsors The operator, which owns big brands such as Ladbrokes and Coral, submitted its position during […]
Business
May 12, 2026
Flutter Eyes London Exit as It Focuses on the US
Flutter Entertainment is edging closer to a possible exit from the London Stock Exchange, posing another challenge for the UK’s financial markets as big companies continue to shift their gravitational pull to the United States. Flutter Considers London Exit Amid Strong US Growth The gambling group, which owns brands including Paddy Power and FanDuel, said […]
Business
May 11, 2026
Powerball Jackpot Reaches $57М Ahead of Monday Drawing
The Powerball Jackpot has climbed to $57 million after no one won the game’s top prize from the Saturday drawing. The drawing awarded no Match 5 prizes either, although a previous drawing saw dozens of players win seven-figure sums from the game. Three Powerball Players Won $100K Each The drawing that took place last Saturday […]