Business
December 8, 2025
Las Vegas Sees an Increase in Total Jobs in September
Las Vegas may be amid a tourism downturn, but consumer spending and job rates are both inching up in September, with the Department of Employment, Training, and Rehabilitation reporting a 0.4% gain in employment. Overall, 4,400 jobs were added during the month, tentatively suggesting that the worst of the worst may be behind Sin City. […]
Business
December 5, 2025
Hector Fernandez Takes the Helm at IGT as Company Looks Toward the Future
International Game Technology has officially named Hector Fernandez as the company’s new CEO, marking the start of a new chapter for the newly combined gaming, digital, and financial technology group. Fernandez takes over the position at a crucial time as the IGT Gaming & Digital business unites with Everi Holdings under a single corporate banner. […]
Business
December 4, 2025
UK MP Warns That Tax Hike Could Put bet365 at Risk
A senior Conservative MP in the UK Parliament has sounded an alarm, arguing that the government’s sharp increase in gambling taxes could endanger the future of bet365, one of Britain’s leading gambling firms and a cornerstone employer in the county of Staffordshire. The tax hike will likely force operators to cut costs, leading to a […]
Business
December 2, 2025
VICI May Revisit Caesars’ Lease Structure as Operating Margins Tighten
Caesars Entertainment’s ongoing push to reduce the strain from its regional casino leases has caught fresh interest following recent comments by JP Morgan analyst Daniel Politzer. Investor Note Hints at Multi-Part Renegotiation Between Caesars and VICI Politzer hinted that landlord VICI Properties might be willing to change the financial terms. In an investor note last […]
Business
December 1, 2025
Kambi Extends Sportsbook Deal with PENN Entertainment
Kambi Group, a leading provider of sports betting services to licensed gaming operators, announced that it has extended its partnership with the American casino and hospitality giant PENN Entertainment. Under the refreshed agreement, the former company will continue to supply its partner with sports betting technology through July 31, 2027. Kambi to Continue Supplying PENN’s […]
Business
December 1, 2025
Star Entertainment Refreshes Board with Bally’s Leaders
Australia’s Star Entertainment Group has shaken up its boardroom, bringing in Bally’s Corp Chairman Soo Kim and President George Papanier, while former chair Anne Ward and non-executive director Deborah Page have stepped down. The changes were confirmed at a board meeting last Friday, the company said in a Monday ASX filing. “Shaping a New Future […]
Business
November 28, 2025
Betr Officials Praise the Company’s 2025 Progress and Outline 2026’s Goals
In a recent shareholder address, Betr executive chairman Matthew Tripp explained that the company saw rapid growth and financial improvement in 2025 – all things that Betr puts on top of its priority list for the upcoming 2026 financial year. Executive director Andrew Menz echoed those words, adding that 2025 was a transformative year for […]
Business
November 28, 2025
China Construction America and BML Settle over $1.6B Baha Mar Construction
China Construction America, Inc. (CCA), serving as the general contractor for the Bahamas’ Baha Mar casino resort, have stated that they reached a “comprehensive agreement” with the project’s original owner, BML Properties Ltd., resolving a $1.6 billion legal dispute without acknowledging any wrongdoing. CCA and BML Properties Reach an Agreement The deal follows a New […]
Business
November 26, 2025
Allwyn’s Q3 Profitability Was Strong Despite Setbacks
Gaming giant Allwyn International has published its unaudited financial report for the third quarter of the year, reporting stable financials. Officials highlighted the company’s significant strategic progress and expressed optimism about its future. Allwyn’s Growth Was Offset by High Costs and Customer-Friendly Results In its Q3 report, Allwyn reported good top-line growth momentum. The company’s […]
Business
November 26, 2025
Robinhood & Susquehanna to Launch New Exchange
Robinhood has unveiled a new partnership with Susquehanna International Group that will expand the two companies’ presence in the prediction markets space. The tie-up comes amid rapidly increasing demand for event contracts and other betting alternatives. Robinhood Expands Its Prediction Markets Presence According to the official announcement, Robinhood and Susquehanna will launch a CFTC-Licensed exchange […]
