Business News and Headlines
Business
September 3, 2026
Maverick Gaming to Shut Two More Washington Casinos
Maverick Gaming is closing two of its Washington properties in November, eliminating 238 jobs as the casino operator continues its restructuring under Chapter 11 bankruptcy protection. Maverick Gaming Cuts 238 Jobs as Washington Retreat Continues The company’s affiliate, Maverick Washington LLC, filed Worker Adjustment and Retraining Notification notices with Washington state officials on August 31. […]
Business
September 2, 2026
Avanti Studios Names Finance Heavyweight Jonas Ericson CFO
Avanti Studios, an ambitious live casino startup, has beefed up its C-suite with the addition of senior finance expert Jonas Ericson. As a member of the Avanti Studios leadership, Ericson has been named chief financial officer and tasked with managing the company’s finances. Financial Expert Joins the Avanti Family Ericson is no stranger to finance, […]
Business
September 2, 2026
Kambi Unveils Brand Refresh, Highlights Strategic Promise
Kambi has unveiled a new brand refresh that seeks to highlight its forward-thinking nature and commitment to remaining ahead of the curve when it comes to technology. Alongside a refreshed logo, the company has also revealed a new motto that highlights its strategic promise. Powerful Network. Proven Edge. Kambi’s brand refresh is, according to the […]
Business
September 2, 2026
Lottomatica & Cirsa Agree to Merge and Create a “Global Gaming Champion”
Italian gaming group Lottomatica has unveiled a merger with Spanish gaming powerhouse Cirsa, which would, according to company officials, create a “global gaming champion.” The agreement will see the former company merge with the latter in an all-share deal. The Deal Would Unlock Significant Synergies Lottomatica, which has dominated Italy for years, is now considering […]
Business
September 1, 2026
SkyCity Completes Sale of Auckland Properties for $44M
SkyCity Entertainment Group announced on September 1, 2026, that it has completed the sale of its Auckland properties. The sale aligns with the company’s ongoing asset monetization program. SkyCity’s Efforts to Generate Cash and Reduce Its Debt Continue In its announcement, SkyCity confirmed the previously announced sale of the 99 Albert Street office building, as […]
Business
August 28, 2026
Novig Ends American-Style Odds, Shifts Toward Percentages
Novig, a fast-growing sports trading platform designed with the sports fan in mind, has announced a major change to its business, dropping American sportsbook-style odds in favor of a financial market model using percentage-based probabilities. The company’s leadership said that its team will do everything in its power to make the transition as smooth as […]
Business
August 27, 2026
Allwyn Says PrizePicks Contributed to Its Q2 Success
Allwyn has published its preliminary unaudited financial report for Q2, highlighting what it called “another quarter of strong growth.” As it turned out, PrizePicks, which Allwyn acquired earlier this year, was a key driver of success. Allwyn Publishes Q2 Report, Highlights Steady Growth In its report, Allwyn said that its total net revenue for the […]
Business
August 27, 2026
Ainsworth Game Technology Outlines Challenging Conditions in H1 Report
Ainsworth Game Technology (ATG) has published its financial results for the first half of 2026, reporting business headwinds that were partially offset by strong performance in the Asia Pacific Region. Company leaders emphasized that the company maintains its disciplined approach despite the challenging trading conditions. H1 Was a Challenging Period for ATG Per the report, […]
Business
August 26, 2026
Gentoo Media Lowers Expected Revenue for 2026
Malta-based iGaming affiliate marketing company Gentoo Media has revealed a more pessimistic financial outlook for 2026, resulting in its shares dropping a whopping 26% in a day. Gentoo Media Lowers Earnings Expectations for 2026 Partly reflecting its second-quarter results and the impact of lower first-quarter revenue, Gentoo reduced its full-year revenue guidance to $113 – […]
Business
August 26, 2026
Tabcorp Posts FY 2026 Report, Highlights BetMakers Acquisition as Priority
Tabcorp has published its report for the fiscal year ended June 30, 2026, reporting a very slight increase in revenue and double-digit EBITDA growth. The company is now dead set on its proposed acquisition of BetMakers Technology, which could usher in a new phase of growth. Tabcorp’s FY Revenue Remained Stable, EBITDA Increased In its […]