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Business
March 26, 2025
Evoke Returns to Profitability But Stock Continues to Underperform
Gaming and betting leader evoke, formerly known as 888, has issued a report containing its preliminary unaudited financial results for 2024. The company’s business remained mostly stable, although its stock continued to struggle. The Financials Showed Recovery But the Shares Struggled In 2024, the company behind William Hill, 888, and Mr Green, reported revenue of […]
Business
March 26, 2025
PCH Teams Up with SCCG Management, Reportedly Considers Social Casino Gaming
Publishers Clearing House (PCH), an American sweepstakes company, is reportedly looking to expand into the social casino sector. The business, best known for its door-to-door marketing and prize-based games, has now unveiled a partnership with gaming advisory giant SCCG Management. PCH Reportedly Seeks Online Sweepstakes Opportunities SCCG Management describes itself as a “leading advisory firm […]
Business
March 26, 2025
Tilman Fertitta Boosts Wynn Shareholding to Over 10%
Billionaire Tilman Fertitta has further increased his stake in Wynn Resorts, consistent with an earlier announcement. In February, Wynn confirmed that Fertitta intends to bolster his shareholding by May 13. Fertitta Can Play a Role in Wynn’s Decision-Making On Tuesday, Fertitta acted on his plan, purchasing the extra shares he was interested in. According to […]
Business
March 26, 2025
Tilman Fertitta Eyes CEO Exit for US Ambassador Role
The billionaire businessman, owner of a range of entertainment venues, hotel and casinos in Nevada, who also owns NBA’s Houston Rockets, Tilman Fertitta, announced his plans to resign from a range of companies, if he is confirmed as the new US ambassador to Italy and San Marino. Letter Describes the Billionaire’s Intentions If Administrative Role […]
Business
March 25, 2025
Merkur Casino Sells Lowestoft Bingo Club to Real Fun Group
Merkur Casino has finalized its sale of the Merkur Bingo Club in Lowestoft, England. The buyer, Real Fun Group, announced that it has “big plans” for the club. Real Fun Will Change the Club’s Identity While Keeping the Fun The sale was consistent with Merkur’s continued efforts to streamline its operations and focus on higher-profit […]
Business
March 25, 2025
Bet365 Reportedly Prepares to Exit China
Gambling giant bet365 is reportedly considering quitting China as its shift toward regulated markets continues. Once a grey market powerhouse, the company is now increasingly focused on its operations in mature and emerging regulated jurisdictions. Bet365 Will Stop Taking Bets in China from March 27 Gaming news outlet EGR, which broke the news on the […]
Business
March 25, 2025
The Star Extends Its Refinancing Negotiations with Salter Brothers Capital
The Star Entertainment Group, an Australian casino and hospitality operator, confirmed that it has given investment firm Salter Brothers Capital (SBC) a few extra days to complete its refinancing offer. This comes amid continued financial struggles for the embattled gambling operator. The Deadline Has Been Extended The latest announcement is related to The Star’s ASX […]
Business
March 25, 2025
Flutter Changes Reporting from 2025, Recasts Financials for 2021-2024
Online gaming and sports betting powerhouse Flutter Entertainment has revealed upcoming changes to its reporting. Set to take effect from the company’s upcoming quarterly report, the changes will see its reports split into two segments. Flutter Will Change Its Reporting Flutter Entertainment announced that its new approach will see it report the financials of its […]
Business
March 24, 2025
CEO Becker to Depart After a Decade at the Helm of ZEAL Network
ZEAL Network, a leading Hamburg-based provider of online lottery products, announced that it will be parting ways with Helmut Becker, its chief executive officer. Until his term is over, however, Becker will remain on board and ensure a smooth transition of his duties. Becker Led ZEAL for a Decade According to the company’s official announcement, […]
Business
March 24, 2025
Sun International Appoints Ulrik Bengtsson as Chief Executive
Last week, Raketech, the leading online affiliate and content marketing company, announced that its chairman, Ulrik Bengtsson, would be stepping down from his role. At the time, the company confirmed that the executive had accepted a full-time CEO role with an international company. On Monday, Sun International Limited, the premier entertainment and holiday destination company […]
