Business News and Headlines
Business
April 28, 2026
The Star Entertainment Group’s Q3 Report Shows Significant EBITDA Improvement
Australian casino & hospitality business The Star Entertainment Group has published its financial report for the three months ended March 31, 2026 (Q3). The company’s financials outlined a significant reduction in the company’s EBITDA loss. The Star’s EBITDA Loss Narrowed According to the report, The Star’s Q3 revenue was AUD 266 million ($190.7 million), […]
Business
April 28, 2026
Sportradar Onboards Gaming & Media Expert Sameer Deen as COO
Sportradar, a leading provider of sports technology, announced the appointment of the experienced Sameer Deen as its new chief operating officer. The appointee was described as an industry veteran with a gaming career spanning some 25 years. Deen Brings 25 Years of Experience to the Company According to the announcement, Deen, who will serve as […]
Business
April 27, 2026
Rivalry Parts Ways with C-Suite, Directors
Esports and crypto betting company Rivalry announced changes to its leadership amid its search for a buyer. In its latest announcement, the company confirmed that its C-suite and directors have exited the business, leaving CEO & founder Steven Salz to lead the remaining business until a potential buyer appears. Rivalry Announced the Departure of Its […]
Business
April 27, 2026
Online Betting Could Be Fueling Bankruptcies, Experts Warn
Bankruptcy attorneys have warned that online betting could be causing an increase in personal bankruptcies and said that people gambling with borrowed money are at an especially high risk of harm. USA Reported an Increase in Personal Bankruptcies Online betting has taken America by storm, with a few states launching online casinos, too. As the […]
Business
April 24, 2026
Penn Entertainment Lauds Q1 as “Another Solid Quarter”
Penn Entertainment has published its financial results for Q1 2026, reporting what CEO Jay Snowden called “another solid quarter.” The company continued to perform favorably, which was reflected in its strong revenues and EBITDA figures. The Company’s Q1 Metrics Highlighted Its Strength Penn Entertainment’s Q1 results reveal Q1 revenues of $1.78 billion versus $1.67 billion […]
Business
April 24, 2026
Las Vegas Sands Highlights Double-Digit Revenue & EBITDA Growth in Q1 Report
Leading casino and hospitality powerhouse Las Vegas Sands (LVS) has published its financial results for the three-month period ended March 31, reporting a double-digit increase in net revenue. Leaders added that the company continued to execute its strategic objectives and deliver strong growth in multiple markets. The Company Experienced Double-Digit Growth In its Q1 2026 […]
Business
April 23, 2026
Churchill Downs Q1 Report Outlines Record Revenue, EBITDA
Churchill Downs Incorporated (CDI) has published its Q1 financials, reporting slight increases across the board. The company’s net revenue hit a new record, attesting to the company’s strong position. A Strong Start to the Year for CDI In the three months ended March 31, 2026, Churchill Downs reported net revenue of $663 million, marking an […]
Business
April 23, 2026
Sportradar Shares Slump as Reports Allege It Profits from Illegal Operators
Sportradar, a leading sports technology company, has experienced a dip in its share price due to its alleged provision of products to unlicensed operators. This followed reports suggesting that a significant portion of Sportradar’s revenue comes from unlicensed markets – claims that Sportradar rejected. Muddy Waters and Callisto Research Allege Sportradar Supplies Illegal Companies Financial […]
Business
April 22, 2026
Bally’s Intralot’s Is Eying Up More Mergers After the Expected Evoke Purchase
During Bally’s Intralot’s recent Q1 earnings call, its CEO, Robeson Reeves, explained that the company is looking for other potential merger targets beyond the current bid for indebted British bookmaker Evoke. Bally’s Intralot CEO Says More Mergers Are Ahead Reeves told investors that, beyond Evoke, the company continues to assess the broader merger and acquisition […]
Business
April 22, 2026
Evolution’s Q1 Held Back by Weak USD & Decline in Europe
Evolution has published its interim report for the period ended March 31 (Q1), highlighting slight decreases in revenue and EBITDA. The suboptimal results were attributed to lackluster performances in Europe. Evolution’s Financials Experienced a Slight Decline In Q1 2026, Evolution reported a 1.5% decline in net revenues to EUR 513 million ($602.3 million). While the […]