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 […]
Business
February 3, 2026
Yolo Group Assets on the Chopping Block as Tim Heath Reportedly Considers Sale
Yolo Group’s founder, Tim Heath, is reportedly eyeing a potential sale of assets or even brand closures. According to the reports, this comes in response to growing headwinds crypto casino companies have been facing. Yolo Group Considers Selling Assets, Reports Say For context, Yolo Group is a global IT and technology company serving the gaming, […]
Business
February 2, 2026
Novomatic Extends Ainsworth Acquisition One Last Time
Ainsworth Game Technology Limited, an Australia-based gaming provider, announced that its planned acquisition by NOVOMATIC has been postponed once again. The M&A arrangement between the two companies has so far been bumpy, reflecting significant disagreements between representatives of the two parties. The Deal’s Deadline Has Been Extended Once Again In a filing submitted on the […]
Business
February 2, 2026
Meridianbet Wraps Up Fairbet Acquisition to Grow in Malta
Gaming and betting operator Meridianbet announced that it has completed its acquisition of fellow gaming operator Fairbet. With Fairbet being a holder of a gaming license in Malta, the deal will allow Meridianbet to grow its local presence. Meridianbet Solidifies Its Presence in Malta According to Meridianbet’s official announcement, the company now has full ownership […]
Business
February 2, 2026
DraftKings Sportsbook Adopts Crypto-to-Cash in Four States
DraftKings announced that players in four select states will soon be able to use cryptocurrencies to fuel their sports betting accounts. This represents a significant step for DraftKings and a major development for crypto enthusiasts. DraftKings Adopts Crypto Deposit Option The addition of crypto payment options to DraftKings’ platform was confirmed at the recent Massachusetts […]
Business
February 2, 2026
Hawthorne Race Course Faces Mounting Pressure as Racino Prospects Wear Thin
Hawthorne Race Course is once again struggling to maintain its credibility, facing rising pressure from regulators, horsemen, and lawmakers who are running out of patience. The Illinois Racing Board recently suspended the venue’s harness license, pushing the Stickney track into its deepest crisis in years. This development also raises doubts about whether its planned racino […]
