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Business
April 30, 2025
Bragg Gaming Group Appoints Holly Gagnon as Board Chair
Bragg Gaming Group, a leading global B2B iGaming content and technology provider has unveiled a new appointment to its board of directors. Per the announcement, Bragg has added the experienced Holly Gagnon as the new chair of its board of directors. Gagnon Steps in as Mazij Resigns as Chair Gagnon was described as a seasoned […]
Business
April 30, 2025
Shareholder Tensions Rise After Novomatic’s Ainsworth Takeover Bid
Austrian gaming powerhouse Novomatic’s push for full ownership of Ainsworth Game Technology is running into increasing resistance from some minority shareholders despite support from Ainsworth’s Independent Board Committee (IBC). This resistance could potentially complicate what Novomatic had hoped would be a straightforward process in its bid to fully acquire the ASX-listed slot machine manufacturer. Some […]
Business
April 30, 2025
Kambi Confident in Long-Term Success Despite Mixed Q1
Kambi has published its financial report for the first quarter of the year. The company noted that its results for the three-month period have been in line with expectations and that the company is positioned for further growth. Kambi’s Q1 Performance Slowed Down Kambi’s revenue for Q1 reached EUR 41.5 million, marking a decrease of […]
Business
April 30, 2025
Evolution Stock Plummets Following Suboptimal Q1 Report
Evolution Gaming’s stock has experienced a sharp decline following the company’s recent Q1 report. The company’s stock, which was worth approximately SEK 835.60 ($86.69) apiece, has plummeted to SEK 674.20 ($69.95) as of the time of this writing. The Q1 Results Did Not Meet Expectations Evolution Gaming saw its shares plummet following the publication of […]
Business
April 29, 2025
Betr Puts Forward Proposal to Acquire PointsBet
Sports betting company Betr Entertainment has unveiled a revised takeover proposal for competitor PointsBet. The former company, which just became PointsBet’s largest shareholder, is now seeking to complete its buyout. Betr Challenges MIXI’s Proposal Earlier this week, Betr acquired a 19.9% stake in PointsBet, immediately positioning itself as one of the latter company’s biggest shareholders. […]
Business
April 29, 2025
Betsson Records Double-Digit Q1 Growth Thanks to LatAm Revenue
Betsson posted an 18.3% year-on-year rise in group revenue for Q1, driven by a record-high level of customer deposits during the quarter. Betsson Records Sizable Growth in Q1 of 2025 For the first quarter of the year, revenue reached $334.7 million, significantly up from $282.8 million in the same period last year, though 4.3% lower […]
Business
April 29, 2025
Entain Appoints Stella David as Permanent CEO Amid Strong Q1
Global sports betting and gaming powerhouse Entain plc (LSE: ENT) delivered a better-than-expected first quarter for 2025. Strong online growth and solid contributions from BetMGM helped the group maintain its positive momentum. Excellent Online Growth For the three months ending March 31, the FTSE100 company that posted stable 2024 financial results recorded a 9% year-over-year […]
Business
April 28, 2025
BetMGM Turns EBITDA-Positive as Q1 Report Shows Strength
Sports betting and online gaming giant BetMGM has reported its financials for the first quarter of the year, highlighting spectacular performance across both verticals. Most importantly, the brand posted EBITDA-positive results for the first time ever, heralding a new era for the business. The growth of the company, which is jointly owned by Entain and […]
Business
April 28, 2025
Vivo Investment Partners Unveils Big Plans for Atlantic City’s Casino District
A New York-based firm called Vivo Investment Partners said it wants to create a series of venues surrounding Atlantic City’s casinos and also invest heavily in esports. Vivo Investment Partners Reveals Plans While centered around the coastal city’s gambling center, the new project won’t be directly involved in gambling, but will focus more on creating […]
Business
April 28, 2025
MGM Resorts Shutters In-Person Concierge Desks at Most Strip Properties
A historic aspect of the classic Las Vegas experience could be one step closer to extinction. MGM Resorts International announced the shutdown of physical concierge desks at most of its Strip resorts. While this development represents a streamlining measure, it coincides with the ongoing shift to digital service alternatives as venues navigate shifting consumer preferences. […]
