Business
May 8, 2026
DraftKings Reports Growth in First Quarter of 2026
DraftKings Inc. just revealed its financial results for the first quarter of 2026, reporting a revenue of $1,646 million, which is a 17% increase compared to the $1,409 million during the same period last year. Here Are Some Important Numbers Interestingly, these results come as monthly unique payers (“MUPs”) declined 4% year over year to 4.2 […]
Business
May 8, 2026
Wynn Plans New Macau Hotel Due to High Wynn Palace Occupancy
Wynn Resorts unveiled plans for a new hotel in Macau, citing the high occupancy rates of its existing Cotai property. The new building will feature 432 rooms and is expected to be completed in early 2029. The New Tower Will Add 432 Rooms The new project was announced alongside the company’s Q1 results. The new […]
Business
May 8, 2026
Genius Sports Q1: Company Enhances Revenue Projections Due to Legend Acquisition
Genius Sports has published its Q1 report, highlighting double-digit growth across both of its divisions. Despite revenue and EBITDA improvements, however, the company’s net loss broadened due to its recent acquisition of Legend. Genius Sports Recorded Double-Digit Revenue & EBITDA Growth Genius Sports reported that in the three-month period ended March 31, 2026, its group […]
Business
May 7, 2026
LCKY Group to Acquire RoyalCasino for an Undisclosed Sum
LCKY Group (formerly Glitnor) has set out to acquire RoyalCasino, a leading online casino brand in Denmark. The former company projected that the arrangement could drive an EBITDA increase of up to 31%. The Deal Will Expand LCKY’s Presence in Denmark In its announcement, LCKY Group confirmed that it has entered into an agreement for […]
Business
May 7, 2026
FanDuel Parts Ways with CEO Amy Howe, Christian Genetski Named as Her Successor
Flutter Entertainment, a leading online betting and iGaming company, announced that Amy Howe has stepped down from her role as the chief executive officer of FanDuel. In an official statement, Flutter CEO Peter Jackson said that it was the right moment for new leadership. Genetski Steps in as CEO as Howe Steps Down On May […]
Business
May 6, 2026
BetMGM CMO Casey Hurbis Exits the Company
BetMGM is parting ways with its chief marketing officer, Casey Hurbis, after a little over a year. Hurbis said that he was pleased with the progress the company made during his time there and called the stint a “high-velocity chapter” in his career. Hurbis Helped BetMGM Stay Ahead of the Curve Hurbis joined the broader […]
Business
May 6, 2026
Genius Sports Finalizes Legend Acquisition
In February this year, Genius Sports Limited announced that it had agreed to acquire world-class marketing technology provider Legend in a deal valued at up to $1.2 billion. Now, the former company has confirmed the completion of this arrangement. The Deal Has Been Closed Genius Sports, a leader in real-time sports data, confirmed that its […]
Business
May 6, 2026
RSI Shares Drop After Insider Stock Sale Plan Sparks Investor Reaction
At the end of April, Rush Street Interactive (RSI) raised its revenue guidance for FY 2026, expecting it to go up anywhere between 31-36% YoY to roughly $1.49-$1.54 billion. With strong double-digit increases in revenue and EBITDA, the gambling company set new records, once again signaling its strength and potential for investors. On Tuesday, May […]
Business
May 5, 2026
Finland’s Veikkaus Appoints Ilkka Kosola as CFO
Veikkaus, Finland’s government-owned gaming operator, announced a new addition to its C-suite. According to the company’s latest announcement, the experienced Ilkka Kosola will be joining it as its new chief financial officer (CFO), as well as a member of the executive management team. Kosola Is a Finance Expert with an Impressive Track Record On May […]
Business
May 5, 2026
Entain Parts Ways with Ricky Sandler as Eminence Capital Prepares to Shutter
Global gaming and betting giant Entain announced that Ricky Sandler, the founder of Eminence Capital, has exited its board. This move comes due to the termination of the operator’s agreement with the asset management firm. Sandler Steps Down from the Board In a regulatory filing, Entain confirmed that Ricky Sandler will step down as a […]
