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Business
October 14, 2025
Yolo’s Bombay Group Makes Key C-Suite Appointments
Bombay Group, a subsidiary of Yolo Group, has unveiled major appointments to its leadership team, including a new chief marketing officer and a new chief digital officer. The appointments come at an important time for the growing luxury brand. Bach to Strengthen Bombay’s Brand Identity According to the announcement, the experienced Rhiannon Bach and Lauren […]
Business
October 14, 2025
Galaxy Entertainment Group Brings in Thomas Arasi as New CFO
Galaxy Entertainment Group has appointed Thomas Arasi as its new chief financial officer. This is an important hire that demonstrates the company’s commitment to strengthening its C-suite and bringing talented individuals on board. Arasi is no chance hire as he previously served as the president and chief operating officer at Blombery Resorts Corp and has […]
Business
October 14, 2025
Genting Wants Full Control of Genting Malaysia in Recent Takeover Bid
Malaysian conglomerate Genting Bhd has revealed its plan to buy the remaining 50.64% stake in its listed subsidiary Genting Malaysia Bhd for MYR 6.74 billion ($1.6 billion). This move aims to consolidate control over its casino and hospitality operations before making potential big investments in the United States. Genting Suggests MYR 6.3 Billion-Backed Takeover to […]
Business
October 13, 2025
The Star Entertainment Group Welcomes Mathieson as NED
Australian casino and hospitality company The Star Entertainment Group Limited has unveiled changes to its board. This will see the company welcome a new non-executive director as a separate one prepares to leave. The Star Adds a New NED According to The Star’s announcement, Bruce Mathieson Jr. will join its team as a NED. His […]
Business
October 13, 2025
Flutter Brazil CEO Reveals the Company’s Next Steps in the Region
Flutter Brazil recently opened its new office in São Paulo, Brazil. Set in the heart of Faria Lima Square, Latin America’s leading financial hub, the 731-square-meter area reflects the company’s ambitions for the future of Brazil’s fast-growing betting market. According to Flutter Brazil CEO João Studart, this development symbolizes the company’s continued confidence in the […]
Business
October 13, 2025
Kalshi Secures $300M Funding, Hits $5B Valuation
Tarek Mansour, CEO of Kalshi, has confirmed in a LinkedIn post the long-rumored $300 million investment secured in the company’s latest funding round, bringing the company’s valuation to $5 billion, as stated last month. Kalshi’s CEO Announces the Company Hit Its Previously-Stated Validation This new capital injection boosts the valuation of the prediction market leader […]
Business
October 13, 2025
Allwyn Unveils Historic Merger with OPAP
Allwyn International has announced a strategic merger with OPAP, Greece’s leading gaming company. The resulting entity will be called Allwyn and will position itself as the second-largest listed lottery and gaming company in the world. The Creation of Gaming’s Second-Largest Business According to the announcement, Allwyn will merge with OPAP through an all-share transaction that […]
Business
October 13, 2025
Elon Musk Firm Accused of Environmental Breaches in Las Vegas Tunnel Project
Nevada environmental regulators have accused Elon Musk’s Boring Company of 800 violations related to its ongoing Las Vegas tunneling project. This has renewed attention on the company’s compliance practices and workplace safety record. Stop-Work Order Targets Boring Company for Alleged Wrongdoing The Nevada Division of Environmental Protection (NDEP) sent a cease-and-desist letter detailing the alleged […]
Business
October 13, 2025
High Interest Rates Put Casino M&A Activity on Hold
Mergers and acquisitions in the casino industry seem to have slowed down, as steep borrowing costs continue to discourage big deals. Talks at the recent Global Gaming Expo (G2E) in Las Vegas suggest that the usual excitement around deal-making has died down this year. Caution Dominates G2E as Casino M&A Waits for Interest Rate Relief […]
Business
October 10, 2025
Splash Sports’ Latest Funding Round Nets the Company $14.5M
Splash Sports, a leader in skill-based social sports gaming, announced that it has completed a Series B funding round, securing millions of dollars to expand its business across North America. The Funding Round Will Allow Splash to Scale Its US Business According to Splash Sports’ announcement, the DFS company has raised $14.5 million in a […]
