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Business
June 23, 2025
PointsBet Reiterates Support for MIXI Deal Despite Betr’s Latest Proposal
PointsBet has reaffirmed its preference for MIXI Australia’s merger offer amid continued efforts from Betr Entertainment to acquire the operator. While Betr insisted that its proposal offered superior value and suggested that PointsBet had not considered its offer in good faith, the Australian sportsbook firmly rejected the allegations. Betr’s Duel with MIXI Continues For context, […]
Business
June 20, 2025
NetGaming Agrees to Supply Content to RSI in Ontario, Further Launches Loom
NetGaming, a leading supplier of solutions to the iGaming industry, announced that it has launched in Ontario with Rush Street Interactive (RSI). This launch expands the former company’s North American footprint and is the first of many launches planned with the operator. NetGaming Joins Forces with RSI in Ontario In its official announcement, NetGaming said […]
Business
June 19, 2025
Yolo Investments Completes Fund II, Reaching Its $115M Target
Yolo Investments, a venture capital, focused on seed- and A-stage investment opportunities across gaming and fintech has closed its flagship Fund II after reaching its target. The firm’s leadership was thrilled to have completed this milestone despite the challenging market conditions. Yolo Invested in 12 Companies, Plans to Invest in 10 More Yolo Investments announced […]
Business
June 19, 2025
Betr Alleges PointsBet Didn’t Act in Good Faith in Favoring MIXI’s Proposal
Betr Entertainment Limited has responded to PointsBet’s decision to pick MIXI as its preferred suitor, saying that it will vote against the MIXI proposal. In the meantime, Betr reiterated its claim that its own proposal is superior. Betr Suggests Pointsbet Did Not Act in Good Faith In an official ASX release, Betr regretted that PointsBet […]
Business
June 19, 2025
Rivalry to Complete Delayed Annual Filings by the End of June
TSX Venture Exchange-listed next-gen betting operator Rivalry has released an update on the Management Cease Trade Order it was hit with earlier this year. The company, which had failed to submit its 2024 financial statements in time, had trading of its securities restricted and is now looking to catch up on submitting the necessary documents. […]
Business
June 18, 2025
PENN Shareholders Demand Course Correction amid Leadership Shakeup
Leading US gaming operator PENN Entertainment has experienced a milestone shift in corporate governance following a dramatic shareholder mobilization that has outlined growing concerns. In the recent election at the company’s 2025 Annual Meeting of Shareholders, the two director nominees, Johnny Hartnett and Carlos Ruisanchez, backed by the activist investor HG Vora Capital Management, secured […]
Business
June 18, 2025
Cirsa Plans to Generate $430M After Listing on Four Spanish Exchanges
Gaming company Cirsa announced Wednesday its intention to float on the Spanish stock exchanges, with plans to raise €400 million ($430 million) through an initial public offering of newly issued shares. Cirsa Announces IPO Plans to Raise $430M The Spanish gaming operator officially announced its plans for an initial public offering, aiming to raise the […]
Business
June 18, 2025
Lottery.com Onboards Film Expert as President of Sports.com Studios
Lottery.com, a leading tech giant at the intersection of gaming, sports and entertainment, announced the appointment of a media veteran as president of its Sports.com Studios division. The one up to the task is Tamer Hassan, who boasts decades in the film and TV sectors. Hassan Has a Unique Blend of Experience According to Lottery.com’s […]
Business
June 17, 2025
Hacksaw Promises to Raise $378M Through the Sale of Over 50 Million Shares
Popular iGaming supplier Hacksaw AB announced in its initial public offering (IPO) prospectus that its shareholders plan to raise up to €351.1 million (approximately $378 million) by offering up to 50 million shares, each priced at SEK77 (about $7.55). Hacksaw AB Moves Closer to IPO with Prospectus Release According to Hacksaw group CEO Christoffer Källberg, […]
Business
June 17, 2025
IGT Rebrands as Brightstar to Highlight Its Visionary Approach
International Game Technology (IGT) unveiled a new brand identity which it is set to adopt as the sale of its Gaming and Digital business (IGT Gaming) looms. The rebrand will see IGT trade as Brightstar – a company committed to becoming a “ premier pure play lottery business designed to elevate lotteries and inspire players.” The […]
