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Business
September 26, 2025
Light & Wonder Bolsters Its Leadership Roster with Leading Talent
Light & Wonder, Inc. (L&W) has announced a key addition to its senior leadership team with the appointment of Rohan Gallagher as executive VP and global chief corporate affairs officer. The position will be based in Sydney, where Gallagher will oversee investor relations, ESG, corporate social responsibility, and international communication. This newly created position will […]
Business
September 26, 2025
Light & Wonder Bolsters Its Leadership Roster with Leading Talent
Light & Wonder, Inc. (L&W) has announced a key addition to its senior leadership team with the appointment of Rohan Gallagher as executive VP and global chief corporate affairs officer. The position will be based in Sydney, where Gallagher will oversee investor relations, ESG, corporate social responsibility, and international communication. This newly created position will […]
Business
September 25, 2025
Raketech Sells Casumba Division to an Undisclosed Buyer
Raketech Group, a leading online affiliate and content marketing specialist, announced the sale of its Casumba assets. According to the former company, the decision to divest the brand was sparked by regulatory developments that have affected its markets. Raketech Sold the Division for EUR 12M According to Raketech’s announcement, an unnamed buyer has agreed to […]
Business
September 24, 2025
Yolo Group Cuts 280 Jobs as Part of Major Strategic Overhaul
Prominent crypto-focused gaming and technology operator Yolo Group has confirmed it will lay off 280 employees in Estonia as part of a sweeping restructuring plan to consolidate its operations, as the company shifts its focus exclusively to regulated markets. Founder Tim Heath was adamant that such a move would create new opportunities and help Yolo […]
Business
September 24, 2025
Merkur Completes Acquisition of Gaming Arts, Cementing US Re-Entry
German game maker Merkur announced that it has completed its acquisition of Gaming Arts, LLC, a Las Vegas-based provider of gambling technology. The transaction was announced earlier this year and subsequently approved by the Nevada Gaming Commission. Merkur Wraps Up Its Takeover of Gaming Arts In its official announcement, Merkur confirmed that its takeover of […]
Business
September 24, 2025
Sports.com Media to Acquire Racing Women in Pursuit of Motorsports Growth
SEGG Media, a global sports, entertainment and gaming group, announced that its subsidiary Sports.com Media Group has set out to acquire Racing Women Limited, an organization empowering female drivers in motorsport. SEGG Media Wants to Expand Its Motorsports Presence According to the announcement, Sports.com Media Group has signed a letter of intent to acquire […]
Business
September 23, 2025
Yolo Group Embraces Regulated Markets, Consolidates Operations
Prominent crypto gaming operator Yolo Group is poised to shed its grey-market image and transition to a fully regulated gaming operation. Founder Tim Heath unveiled a major strategic realignment in a recent press release, as he delved into the company’s history and its unique position in the crypto gaming space. With increased regulatory scrutiny worldwide, […]
Business
September 23, 2025
PrizePicks Secures CFTC Approval as FCM, Eyes Prediction Markets
North America-facing daily fantasy sports operator PrizePicks has just secured approval to make a foray into the prediction markets space. The significant development comes just after Czech lottery giant Allwyn set out to acquire a majority stake in the company. PrizePicks Could Enter the Prediction Markets Space PrizePicks just secured approval from the Commodity Futures […]
Business
September 22, 2025
Spreadex Forced to Abandon Sporting Index Merger After CMA Ruling
The Competition and Markets Authority (CMA) has reaffirmed its earlier ruling that Spreadex’s bid to keep control of Sporting Index’s consumer-facing business would harm competition in the sports spread betting sector. This development means that an alternative buyer must acquire Sporting Index, ensuring that Spreadex does not establish a monopoly over the sports spread betting […]
Business
September 22, 2025
Allwyn Ventures into the DFS Space with PrizePicks Majority Stake Acquisition
Global lottery giant Allwyn International announced that it has entered into a definitive agreement to acquire a majority stake in North America-facing daily fantasy sports (DFS) operator PrizePicks. Allwyn to Buy a Majority Stake in PrizePicks In its announcement, Allwyn said that it will purchase a 62.3% stake in PrizePicks for an initial cash consideration […]
