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Business
April 7, 2025
Mark Giannantonio Envisions Bright Future for Atlantic City
The global market took a hit last week after President Donald Trump’s sweeping tariffs shook investor confidence, triggering a major sell-off and erasing trillions in wealth across U.S. markets. These tariffs, which will likely drive up the cost of nearly everything from consumer goods to raw materials, are also expected to impact operating costs for […]
Business
April 4, 2025
WyoLotto COO Medina to Join NCPG Gambling Committee
Established in 2013 and launched one year later to generate revenue for cities, towns, and counties in Wyoming using “responsible management and sale of readily available, low-cost, fun, and entertaining lottery products,” WyoLotto has become a part of the unique culture of the state that carries the untamed spirit of the West. Over the years, the […]
Business
April 4, 2025
Playtech Live Veteran Edo Haitin Leaves After 9 Years on the Job
Edo Haitin, one of the longest-serving Playtech senior executives, has announced in a LinkedIn post that he will be withdrawing from the company to pursue other opportunities. Haitin joined Playtech, as part of a portfolio company he headed at the time, in 2016 and spent nine years with the gambling major in various positions. Edo […]
Business
April 3, 2025
Kalshi Lawyer to Join DOGE, Report Says
Eliezer Mishory, a lawyer at event-based trading platform firm Kalshi, is supposedly taking a position at the Department of Government Efficiency (DOGE) at the US Securities and Exchange Commission. Kalshi Lawyer to Join Musk’s DOGE, Rumors Say According to recent reports, Mishory, the chief regulatory officer and general counsel at Kalshi, is set to join […]
Business
April 3, 2025
Casino Mogul Steve Wynn Among Reported Indirect Bidders for TikTok
Wall Street Journal reports that Steve Wynn, the casino mogul and billionaire, has been asked to back a play for TikTok, although he would not be doing so directly. According to the publication, another company, AppLovin, has placed a purchasing bid and has reached out to Wynn, trying to solicit additional funding. Steve Wynn Not […]
Business
April 3, 2025
Light & Wonder Withdraws Jewel of the Dragon Overshadowed by Aristocrat
Light & Wonder has been under a lot of pressure from competitor Aristocrat, which accused the former company of copying its acclaimed Dragon Link game series by developing its own Dragon Train games. Jewel of the Dragon Withdraw by Light & Wonder Preemptively Although Light & Wonder denied the accusation at first, a court ruling […]
Business
April 2, 2025
Sportradar Bullish on Annual Revenue of $1.8B for 2027
Sports data and tech firm Sportradar has disclosed its long-term financial targets, saying that it hopes to generate at least $1.84 billion in revenue for 2027. The company also targets continued EBITDA growth, hoping to retain its existing momentum. Sportradar Targets Significant Growth for the Next Three Years On April 1’s investor day, company executives […]
Business
April 2, 2025
Star Entertainment’s Search for Liquidity Continues as Salter Brothers Deal Falls Through
The Star Entertainment Group’s financial woes continue as its negotiations with Salter Brothers Capital fall through. The latter company had expressed interest in financing the Australian operator’s debt but has seemingly withdrawn the deal. The Deal Fell Through Just when things were beginning to look better for Australia’s embattled Star Entertainment Group, the company announced […]
Business
April 2, 2025
BlueBet Stays Confident About Buying PointsBet Despite Competing Offer
Australian betting company BlueBet keeps pushing to buy PointsBet even though Japanese firm MIXI wants it too. BlueBet CEO Andrew Menz feels good about their chances, saying talks with PointsBet shareholders have gone well overall. BlueBet Challenges PointsBet’s MIXI Deal, Emphasizes Strength of Its Own Offer The company still wants to make the deal happen […]
Business
April 1, 2025
Nevada Gaming Revenue Down in February
The Nevada Gaming Control Board (NGCB) has published its official financial report for February 2025, highlighting a decrease in operator revenue and an increase in contributions to the state. The decrease was due to weaker performance across multiple markets, including a drastic revenue decline across Vegas Strip casinos. Nevada Gaming Earned $1.2B The statewide gaming […]
