Business News and Headlines
Business
November 12, 2025
Aristocrat’s Strong FY Report Highlights $915M in Shareholder Returns
Australian gaming manufacturer Aristocrat has published its financial results for the fiscal year, reporting strong performance in the second half of the year. Thanks to that, the company returned AUD 1.4 billion ($915M) to shareholders. Aristocrat Recorded Double-Digit Growth Across Key Metrics In its report, Aristocrat highlighted revenue of AUD 6.3 billion ($4.1 billion), up […]
Business
November 11, 2025
Far East Consortium to Sell Ritz-Carlton Perth Stake to AMTD
Far East Consortium International (FEC) announced its plans to sell a stake in The Ritz-Carlton Perth, a luxury, 5-star hotel on the riverfront at Elizabeth Quay. The buyer, according to a Hong Kong Stock Exchange filing, is AMTD Group, a conglomerate with a portfolio spanning across the media and entertainment, education and training, and premium […]
Business
November 11, 2025
Genting Issues $217M in MTNs to Support Genting Malaysia Takeover
Malaysian conglomerate Genting Berhad recently announced its intention to buy the remaining 50.64% stake in its listed subsidiary Genting Malaysia Bhd for MYR 6.74 billion ($1.6 billion). In an update on November 10, the former company unveiled the issuance of medium-term notes (MTNs) to support the transaction. The Issuance Will Enable the Acquisition of Genting […]
Business
November 10, 2025
Gaming Heavyweight Ramiro Atucha Unveils LATAM-Focused Gaming Consultancy
Gaming industry heavyweight Ramiro Atucha has unveiled the launch of a new consultancy firm called Atucha Strategic Advisory. The firm will have an initial focus on the Latin American market, helping companies tap into the opportunities inherent to the rapidly growing sector. The New Consultancy Will Be LATAM-Focused at First According to the announcement, Atucha […]
Business
November 10, 2025
OKTO Rolls Out Direct Cash-in Solution in Mexico
Next-gen payment service provider OKTO announced that its direct card-in solution is now available in Mexico, amid increased demand for such services. The company said that this will empower online casino players, providing them with unprecedented convenience. The Launch Aligns with OKTO’s LATAM Strategy According to OKTO’s announcement, the new direct card-in solution service is […]
Business
November 7, 2025
Golden Entertainment CEO to Buy the Company in a Private Buyout
Golden Entertainment, a company operating a diversified entertainment platform that includes gaming and hospitality assets, announced that it has reached a definitive agreement to sell its operating assets to its CEO and founder, Blake Sartini, along with his affiliates. In addition, seven of Golden Entertainment’s casino real estate properties will be sold to VICI Properties […]
Business
November 7, 2025
DraftKings Posts Q3 Reports, Prepares to Launch Prediction Markets Soon
US gaming and betting giant DraftKings has published its business results for the third quarter of 2025 (Q3), highlighting stable financials. In addition to that, the company revised its guidance and teased that the launch of its prediction markets platform could happen very soon. A Strong Quarter for the Betting Giant In its Q3 update, […]
Business
November 6, 2025
Pragmatic Solutions Onboards Cybersecurity Heavyweight Kieren Lovell as CISO
Player account management (PAM) platform specialist Pragmatic Solutions announced a major addition to its C-suite. According to the company’s latest announcement, the experienced Kieren Lovell will join its team as its new chief information security officer (CISO). The Appointee Is a Cybersecurity Veteran On November 5, Pragmatic Solutions confirmed Lovell’s appointment as CISO, saying that […]
Business
November 6, 2025
Sportradar Reports Robust Q3 Metrics, Despite Profit Headwinds
Sportradar Group has published its financial results for the third quarter of the year, reporting double-digit revenue growth. The company attributed its stable financials to its strong performance in the key US market. The Company’s Metrics Increased In its report, Sportradar outlined Q3 revenue of EUR 293 million ($338 million), up 14% year-on-year. This was […]
Business
November 6, 2025
Light & Wonder Posts Strong Q3 Ahead of ASX Move
It’s been a few busy months for the global leader in gaming content and hardware, Light & Wonder. The company cleared for launch in the UAE in July, inked a new partnership with Betson Enterprises, marking its entry into Nevada in mid-August, and announced its readiness to penetrate the Philippines gaming market in September. Now, […]