Business News and Headlines
Business
May 4, 2026
Stake Makes a Foray into Mexico
Stake, one of the leading online gaming and betting operators in the world, has officially entered Mexico as it seeks to capitalize on the North American country’s burgeoning iGaming market. The launch will expand the company’ presence in the broader LATAM region, setting it up for future success. Stake Enters the Mexican Gaming Market Stake […]
Business
May 4, 2026
Billionaire Submits Bid to Buy Vancouver Whitecaps, Plan Vegas Relocation
The Vancouver Whitecaps, a Major League Soccer (MLS) franchise, could move to Sin City after a billionaire-led investor group filed a bid to purchase the team. If this goes through, it would further cement Las Vegas as a burgeoning sports hub. The Whitecaps Could Move to Sin City Billionaire Grant Gustavson has stepped forward to […]
Business
April 30, 2026
RSI CEO Discusses Growth Strategy and Market Challenges
Rush Street Interactive (RSI) used its recent earnings call to demonstrate its confidence about the future of online gaming. During Tuesday’s discussion with Macquarie analyst Chad Beynon, CEO Richard Schwartz discussed the company’s advantages, noting that its scale gave it a competitive edge over competitors still focused on expansion. Online Casino Remains the Core of […]
Business
April 30, 2026
Evoke Posts 2025 Results, Reporting Strength in Its International Segment
Leading betting & gaming operator evoke has announced its financial results for the year ended December 31, 2025. The company’s performance in the UK waned slightly, but the International Online segment offset the decline. Evoke’s International Online Segment Performed Strongly Evoke, which is the name behind gaming brands, such as 888, Mr Green, and William […]
Business
April 30, 2026
Kambi to Power Canada’s Multi-Province Sportsbook Solution
Kambi, a leading provider of sports betting solutions, announced that it has been selected as the official sportsbook supplier of a national sports betting solution in Canada. Kambi to Power State Sportsbooks in Seven Provinces According to Kambi’s announcement, it has been selected by the Atlantic Lottery Corporation (ALC) and British Columbia Lottery Corporation (BCLC) […]
Business
April 30, 2026
MGM Resorts’ Q1 Report Outlines Top-Line Growth in Vegas
Casino & hospitality powerhouse MGM Resorts International has published its financial report for the first quarter of 2026, reporting stable revenues despite a slight decrease in adjusted EBITDA. The Company Posted Net Revenue Improvements Despite EBITDA Struggles In its report, the company posted consolidated net revenues of $4.5 billion, up 4% year-on-year. Net income attributable […]
Business
April 29, 2026
Caesars Posts $2.9B Revenue in Solid Start to 2026
Caesars Entertainment maintained its momentum going into 2026, posting modest growth across its core verticals. The company achieved net revenue of $2.9 billion for the first quarter, a 3% year-over-year growth. Adjusted EBITDA reached $887 million, a slow but steady increase. Improving trends in Las Vegas, consistent regional performance, and continued online expansion all helped […]
Business
April 29, 2026
RSI Posts Record-Breaking Q1 Results & Optimistic FY 2026 Guidance
American online gaming and betting operator Rush Street Interactive (RSI) has published its financial report for the first quarter of the year, highlighting double-digit increases in both revenue and EBITDA. The strong metrics saw the company set new records, demonstrating the strength and potential of its business. Q1 Was a Period of Strength for RSI […]
Business
April 29, 2026
ITV Win to Close as Operating Partner Faces Tax-Related Struggles
ITV Win, a real-money gaming platform owned by the leading UK broadcaster, is set to shut down mere months after launching. The platform’s closure comes as its operational partner, Richmond Atlantic, encountered financial struggles due to the UK’s new tax regime. ITV Win Prepares to Shut Down ITV Win launched in January, seeking to capitalize […]
Business
April 29, 2026
Penn Entertainment to Reduce CEO Snowden’s Total Pay to 2023 Levels
Jay Snowden, Penn Entertainment’s chief executive officer, is about get a significant paycheck reduction after the company’s shareholders rejected the company’s 2025 compensation plan. Penn Lowers Target Value of Its CEO’s Pay For context, a Monday filing shows that Snowden is set to earn up to $17.4 million in 2026, marking a 31% decrease from […]