Business News and Headlines
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 […]
Business
November 25, 2025
The Star Entertainment to Welcome Bally’s as Majority Stakeholder by the End of the Week
The Star Entertainment Group is bracing for Bally’s takeover, hoping that it will finally help it open a new chapter. According to the latest announcement, the takeover should happen later this week. The Star Expects to Complete the Bally’s Transaction Very Soon In an ASX release published on November 25, The Star’s leadership addressed the […]
Business
November 25, 2025
Tabcorp Raises $195M in First AMTN Deal in 16 Years
Australian gambling and wagering company Tabcorp has made a successful comeback to the Australian Medium Term Note (AMTN), pricing AU300 million ($195 million) of 5.5-year notes. “We Are Pleased With the Very Strong Interest” The move, following a 16-year hiatus, aligns with the company’s intention to diversify funding sources and extend its debt maturity. The […]
Business
November 24, 2025
Hub88 Adds Player-Funded ThrillTech Jackpots to Its Platform
Hub88 has enhanced its offering with the addition of ThrillTech Jackpots. Designed to create player-funded jackpots, this new solution will help the provider’s clients enhance their product offerings. A Faster Way to Offer Jackpots That Keep Players Locked in According to Hub88’s announcement, ThrillTech Jackpots, or ThrillPots, allows operators to offer fans the thrill they […]
Business
November 24, 2025
EveryMatrix Acquires Front-End Specialist Goma Gaming
EveryMatrix announced another major acquisition that will further bolster its position as a leader in gaming content. The latest deal saw the business acquire Goma Gaming, a front-end solutions specialist. Goma Gaming Will Bolster EveryMatrix’s Front-End Capabilities In its announcement, EveryMatrix described Goma Gaming as a front-end expert with some 20 years of experience in […]
Business
November 24, 2025
Kalshi Hits $11B Valuation in Wake of Latest Funding Round
The prediction market Kalshi has reached a $11 billion valuation following its latest funding round, where, according to an insider, the company ended up raising $1 billion. The insider has revealed that the ones who organised the latest round were two of Kalshi’s original investors, Sequoia and CapitalG. The founders of Kalshi are Tarek Mansour […]
Business
November 21, 2025
Sweepmate Hits the UK Market, Filling the Gap Left by DraftKings
UK sports fans have a new and exciting product to look out for as Sweepmate has just hit the market, blending sweepstakes contests and fantasy sports. The new product seeks to fill a gap left by DraftKings’ departure from Great Britain. Sweepmate Launches in Great Britain As mentioned, Sweepmate seeks to combine the best of […]