Business News and Headlines
Business
March 16, 2026
Jefferies Analyst Says AI Adoption Accelerates Across Gaming Sector
Artificial intelligence is beginning to reshape operations across the global gaming industry. Casino groups, lottery providers, and sportsbooks explore ways to integrate the technology into their platforms. AI Set to Transform Marketing and Operations in Casinos A recent industry analysis by Jefferies analyst David Katz suggests that companies capable of using AI tools could gain […]
Business
March 13, 2026
Hacksaw Gaming Launches New Investment Division Hacksaw Ventures
Popular casino game provider Hacksaw Gaming has introduced a new iGaming “investment and acceleration” division called Hacksaw Ventures, aimed at supporting early-stage companies that are helping reshape the gaming ecosystem. Hacksaw Gaming Reveals New Hacksaw Ventures Investment Division According to the company, the initiative reflects its ongoing mission to push the boundaries of gaming by […]
Business
March 13, 2026
Kjerulf Ainsworth Sets Out to Acquire 5.5% Stake in Ainsworth
Kjerulf Ainsworth has submitted a bid to acquire 5.5% of Ainsworth’s ordinary shares for AUD 1.30 ($0.92) apiece. The offer comes shortly after Novomatic’s attempt to acquire the rest of the company fell through. The Offer Represents a 23.8% Premium Kjerulf Ainsworth is an existing shareholder who has long sought to expand his stake in […]
Business
March 12, 2026
Tilman Fertitta Emerges with a $7B Bid to Acquire Caesars Entertainment
Billionaire businessman Tilman Fertitta is again eyeing an explosive entry into the US casino industry, reportedly entering exclusive negotiations to acquire Caesars Entertainment in a deal valued at roughly $7 billion. Despite this significant push, it remains uncertain whether the negotiations will result in a final agreement. If successful, however, the deal could reshape the […]
Business
March 12, 2026
Betsson to Acquire Rhino Entertainment Group’s Canada License
Swedish online gambling company Betsson has announced it will acquire Rhino Entertainment Group’s B2C business in Canada, as well as a set of technology assets for its B2B operations, for a total sum of EUR 64.5 million (about $74.3 million). Betsson to Purchase Rhino Entertainment Group The acquisition encompasses multiple Rhino Group entities that collectively […]
Business
March 12, 2026
LCKY Group Names Industry Veteran Alex Manning as CTO
LCKY Group, the company formerly known as Glitnor, announced a major new appointment, saying that the experienced Alex Manning will join its fold as its group chief technology officer. The new addition to the company’s C-suite comes not long after its strategic rebrand. LCKY Onboards Former L&W CTO to Its C-Suite LCKY Group hailed Manning’s […]
Business
March 12, 2026
Wynn Resumes Work on Al Marjan Island Project Following Brief Pause
International gaming and hospitality giant Wynn Resorts has published an update on its Wynn Al Marjan Island project in the UAE, confirming that construction has resumed after a short pause related to the ongoing war in Iran. Wynn Had Halted the Construction Due to the War in Iran Wynn Resorts previously halted its […]
Business
March 11, 2026
Genius Sports to Continue Investment in Sports Firm Legend and Prediction Markets
Sports technology company Genius Sports has recently released its FY25 financial results, reporting group-wide revenue growth of 31%, rising from $510 million the previous year to $669.6 million. The company expects to exceed $1 billion in revenue by the end of 2026 following its acquisition of sports content and media firm Legend earlier this year, […]
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 […]