Business
November 14, 2025
Everbay Capital Cites Concerns Over Golden Entertainment CEO Buyout
New York–based investment firm Everbay Capital has sent a letter to Golden Entertainment’s board raising serious concerns about last week’s announcement that the company’s CEO, Blake Sartini, plans to purchase the business. Everbay Capital argues that the proposed price of $2.75 per share for the remaining company, following the real estate divestiture, significantly undervalues its […]
Business
November 14, 2025
AQR Weighs a Move into Sports Betting as Prediction Markets Continue to Expand
AQR Capital Management, one of the leading global quantitative hedge funds, is carefully evaluating whether sports betting could be its next frontier. Co-founder and CIO Cliff Asness discussed this possibility during a special 10th anniversary episode of the Odd Lots podcast, noting that the firm is examining what such a move would entail. Prediction Markets […]
Business
November 14, 2025
Former Nevada Governor to Chair Resorts World Las Vegas
Resorts World Las Vegas, one of Sin City’s top properties, announced major leadership changes. In addition to the transition of Jim Murren to the role of chairman emeritus, the business named ex-Nevada Governor Brian Sandoval as chair. The Property Named Nevada’s Former Governor as Chair Resorts World Las Vegas confirmed that Jim Murren will end […]
Business
November 14, 2025
Bragg Gaming’s Stellar Q3 Growth Was Offset by Dutch Headwinds
Bragg Gaming Group, a major gaming content and tech provider, has published its Q3 report, highlighting its financials for the period. While the company’s revenue increased, its losses did as well. The Netherlands Offset Significant Revenue Gains Bragg Gaming’s Q3 report outlined EUR 26.8 million ($31.2 million) in revenue for Q3 2025. Excluding the Netherlands, […]
Business
November 14, 2025
Gambling.com Reports Strong Q3, Despite Continued Setbacks
Gaming and betting affiliate Gambling.com Group has published its financial results for Q3, reporting continued revenue growth. The company’s positive revenue and EBITDA metrics, however, were offset by an increase in losses. The Company’s Revenue Increased, But Losses Also Mounted Gambling.com reported Q3 revenue of $39 million, marking a double-digit growth of 21% year-on-year. On […]
Business
November 13, 2025
Flutter Lowers Its 2025 Guidance Due to Q3 Trouble
Online sports betting and iGaming powerhouse Flutter Entertainment has published its Q3 results. While the company’s revenue experienced double-digit growth, its net loss broadened due to a variety of headwinds. Flutter’s Revenue Was Strong, But Losses Mounted Flutter’s report for the three months ended September 30 outlined revenue of $3.8 billion, marking an increase of […]
Business
November 13, 2025
Flutter & CME Group Unveil FanDuel Predicts Platform
Gambling powerhouse Flutter Entertainment is preparing to foray into the hot prediction markets space via a partnership between its FanDuel brand and CME Group. The arrangement will result in the launch of the FanDuel Predicts app, allowing Flutter to tap into the growing demand for event contracts. FanDuel Predicts to Hit the Market in December […]
Business
November 13, 2025
Catalist Sports Onboards Betting Veteran James Monk as VP & GM
Catalist Sports, an emerging provider of licensed sports-betting content in the US, announced a major addition that will further boost its growth in America. According to the company’s latest announcement, the experienced James Monk has joined its team as vice president & general manager. The Company Onboarded a Seasoned Betting Executive Monk, who was described […]
Business
November 13, 2025
Aristocrat Reports Strong Year, Shifts Focus to Social Casino
Australian gambling machine manufacturer Aristocrat Leisure had a strong year, posting a profit of $1.6 billion, up 12%, helped by the full-year inclusion of NeoGames. The increase was partly offset by higher corporate costs, including legal expenses, lower interest income, and a higher effective tax rate. Market Share Up 43% The company experienced significant growth […]
Business
November 12, 2025
Intralot Announces Board Changes, Names Bally’s Head Reeves as CEO
Intralot has announced changes to its leadership in the aftermath of its acquisition of Bally’s online gaming business and Bally’s acquisition of a majority stake in the former company. With Bally’s now serving as the majority owner of Intralot, Robeson Mandela Reeves was named as the latter business’s new chief executive officer. Reeves Joins Intralot […]
