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Business
November 29, 2024
Blackstone Plans Spain IPO for Cirsa in 2025
Blackstone, the US-based private equity firm, is getting ready to put some of its shares in the Spanish gambling company Cirsa on the Madrid stock exchange at the start of 2025. IPO Planned as Blackstone Eyes €700M to €1B Market Valuation The company wants to float 20% to 25% of Cirsa, with people thinking it […]
Business
November 28, 2024
Star CEO Highlights Progress, Asks Shareholders for Patience
Star Entertainment, the recognizable gaming operator in Australia, continues to face challenges and asked shareholders for patience until the business completes its transformation and starts to return value. Those were some of the takes of the company’s recent annual general meeting which took place on Thursday in Brisbane. The Company Remains Dedicated to Transformation Steve […]
Business
November 27, 2024
BC.Game Faces Licensing Threat Amid Bankruptcy Controversy
Curaçao’s Gaming Control Board (GCB) plans to take away BC.Game’s license. BC.Game is a crypto casino and Leicester City Football Club‘s main sponsor. GCB Scrutinizes BC.Game After Parent Company Bankruptcy and Player Losses The GCB has concerns about the company’s financial situation and how well it follows rules. This comes after BC.Game’s parent company, Small […]
Business
November 26, 2024
Crown Resorts Praises Victoria for Introducing Carded Play Statewide
Crown Resorts, an Australian casino and hospitality giant, has embraced the introduction of carded play across the state of Victoria. In an official statement, the company welcomed the change, calling it an “important milestone” for Victorian gaming. Carded Play Will Minimize Harm In December 2023, the group’s Crown Melbourne property introduced carded play across all […]
Business
November 25, 2024
Bet-at-Home Weighs Sale amid Operational Challenges
Bet-at-home AG, a veteran in the online gaming and sports betting industry, is reportedly exploring a potential sale, according to a recent NEXT.io report. Despite recent struggles, the company’s resilient financial performance could make the operator an attractive acquisition target. Bet-at-home maintains a presence in several European markets, further aiding its prospects. Unfavorable Developments Hurt […]
Business
November 25, 2024
Lottoland Celebrates 20M Players Worldwide
Lottery provider Lottoland just celebrated a major milestone as its platform surpassed 20 million customers worldwide. Now over ten years old, the lottery company continues to provide players with engaging lottery games. A Major Milestone for the Company Lottoland was founded in 2013 and has since been going from strength to strength. The company currently […]
Business
November 22, 2024
Spreadex to Sell Sporting Index Due to Monopoly Concerns
The UK Competition and Markets Authority (CMA) has ordered Spreadex to divest itself of Sporting Index due to significant competition concerns in the licensed online sports spread betting market. This decision comes after an extensive investigation into the merger concluded that the deal stifled competition and risked negatively impacting consumers. A Consolidated Market Could Hurt […]
Business
November 22, 2024
Star Entertainment Confirms the Execution of $130M Debt Facility
Australian gaming and hospitality giant The Star Entertainment Group unveiled a new debt facility amid a challenging period for the company and continued regulatory scrutiny. The Debt Facility Will Help the Company Get Through the Struggles In a filing to the Australian Securities Exchange (ASX), the company announced that it has executed a commitment letter […]
Business
November 22, 2024
Wynn Shares Al Marjan Casino Update, Says Building Is 55% Complete
Wynn Resorts announced that the construction of its Al Marjan Island casino resort is progressing well, moving the company closer to realizing its UAE casino ambitions. The company hopes to complete the overall property by December 2025. The Construction Is Progressing Well According to Wynn’s announcement, 55% of the structural concrete is now complete. The […]
Business
November 21, 2024
Entain Intends to Close Beloved Crayford Racing Track
Gambling giant Entain intends to put an end to its greyhound racing track in Crayford. The gambling giant revealed that the racetrack is no longer as profitable as it once was, leading to this difficult decision. The Racetrack Is No Longer Profitable The Crayford Greyhound Stadium has been operating since 1986. Because of its […]
