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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 […]
Business
June 16, 2025
PointsBet Rejects Betr’s Takeover Proposal as MIXI Offers Superior Value
Gaming operator PointsBet has finally chosen between its suitors, opting to proceed with MIXI’s takeover proposal. The former company’s board argued that MIXI offered a superior proposal despite competitor Betr’s projected synergies. MIXI and Betr Clashed over PointsBet PointsBet has been in the crosshairs of potential buyers for a while, with BlueBet seeking to acquire […]
Business
June 16, 2025
BetMGM Updates Full-Year Guidance Due to Strong Performance
Global sports betting and gaming giant Entain has published an update to the full-year guidance of the BetMGM brand due to its continued strength. The company promised to provide more details upon the release of its upcoming H1 update. Entain Updated the Guidance Entain, which co-owns BetMGM together with MGM Resorts International, reported that the […]
Business
June 16, 2025
Melco Resorts Adds Finance Heavyweight John Peter Ben Wang as Independent NED
Melco Resorts & Entertainment Limited, a major developer, owner, and operator of integrated resorts with casino facilities, announced the addition of a finance veteran to its team. The company leadership welcomed the new member, expressing confidence in his abilities. John Peter Ben Wang Joins as Independent NED On Friday, Melco Resorts & Entertainment announced that […]
Business
June 13, 2025
Novibet Designates Vasili Rappos as Chief Product Officer
Novibet, an established GameTech company, has made a key C-suite appointment, adding the experienced Vasili Rappos as its new chief product officer. Rappos, who thanked the company for its trust, vowed to bring a mindset of care and commitment to the company and help its products remain ahead of the curve. Rappos Boasts a Strong […]
Business
June 13, 2025
Australia Gives the Go-Ahead to MIXI’s Takeover of PointsBet
The Australian arm of the Japanese consumer tech giant MIXI recently revised its proposal for the acquisition of PointsBet, an Australian sports betting giant. Now, the government has approved the arrangement, allowing the two companies to proceed. MIXI and BlueBet Fought for PointsBet Earlier this year, MIXI Australia put forward a proposal to acquire PointsBet […]
Business
June 12, 2025
Raketech to Sell Its Remaining US Tipster Assets
Raketech Group has announced, following a strategic review, that it has reached an agreement to sell its non-core US tipster and subscription business for a total consideration of €1.25 million ($1.44 million). Raketech Divests Remaining US Tipster Assets to Sharpen Strategic Focus Of this amount, €450,000 ($482,000) will b֔e paid at closing, €350,000 ($375,000) after […]
Business
June 12, 2025
Oddsgate Reaffirms Commitment to Integrity by Becoming IBIA’s Latest Member
Oddsgate, a B2B provider of iGaming platform and solutions, announced that it has become the latest member of the International Betting Integrity Association (IBIA). This move was consistent with the company’s values and highlighted its firm commitment to integrity. Oddsgate Joins the IBIA By joining the IBIA, Oddsgate has become a part of a global […]
Business
June 12, 2025
Future Anthem Secures License in New Jersey, Powers PlayStar with Amplifier AI
Future Anthem, a company that leverages artificial intelligence to personalize the player experience for gaming operators, announced a foray into New Jersey’s iGaming market. This entry will significantly expand the company’s North American presence, allowing it to tap into one of the biggest US gaming markets. Future Anthem Enters the Garden State In its official […]
