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Business News and Headlines
Business
October 24, 2025
Games Global Cuts Isle of Man Roles amid Global Restructuring
Games Global, one of the leading employers in the Isle of Man’s online gaming sector, has begun to downsize its workforce at its Douglas headquarters as part of the international restructuring. The decision has sparked concerns among staff and attracted the attention of the local authorities, who have confirmed that several positions have been made […]
Business
October 24, 2025
Kjerulf Ainsworth Launches New Bid for AGT Shares
Kjerulf Ainsworth, son of Ainsworth Game Technology (AGT) founder Len Ainsworth, is making a fresh move to increase his stake in the Australian slot machine supplier. To this extent, he has launched a proportional takeover bid to acquire an additional 2.9% of AGT, offering existing shareholders AU 1.30 ($0.84) per share. The price is roughly […]
Business
October 23, 2025
Power Struggles Deepen at Ainsworth Game Technology
Ainsworth Game Technology (AGT), the Australian slot machine developer founded by the legendary Len Ainsworth, continues to suffer from significant internal power struggles. The latest twist comes from Len’s son, Kjerulf Ainsworth, who has launched a proportional bid to lift his stake in the company from 7.27% to just under 10% as he seeks to […]
Business
October 23, 2025
EveryMatrix Announces Expanded Turnkey Deal with BetGoodwin
iGaming software and solutions powerhouse EveryMatrix announced an expansion of its partnership with UK operator BetGoodwin. Under the expanded deal, EveryMatrix will power the brand with a full turnkey sports solution, allowing it to remain ahead of the curve when it comes to sports betting. EveryMatrix Expands Its Portfolio of UK Partners As mentioned, this […]
Business
October 23, 2025
Evolution Posts Mixed Q3 Report, Vows to Continue Improving
Evolution has published its Q3 2024 report, highlighting a slight decrease in revenue for the quarter and a slight increase for the year-to-date period. In any case, the leadership remained convinced in the company’s “exciting future” and vowed to take action against the authors of the controversial 2021 report. Evolution’s Q3 Results Were Mixed In […]
Business
October 23, 2025
LVS Q3: Company Continues to Overperform in Macau and Singapore
International gaming and hospitality giant Las Vegas Sands has published its financial report for the third quarter of the year (Q3), reporting a strong financial position. As a result, the company’s board announced an increase in dividend. A Successful Quarter for the Company In its report, the company outlined net revenue of $3.33 billion for […]
Business
October 22, 2025
Winvia Entertainment Targets UK Prize Draw Sector in November IPO
Winvia Entertainment PLC has announced plans to raise £40 million ($53.5 million) through a share placing ahead of its expected initial public offering on London’s AIM market in early November. This development marks a vital milestone for the technology-driven entertainment group as it seeks to consolidate its presence in the UK prize draw sector and […]
Business
October 22, 2025
TrueLayer to Acquire Zimpler and Champion Pay by Bank in Europe
TrueLayer, a leading European payment provider, announced that it has signed an agreement to acquire fellow payment provider Zimpler for an undisclosed sum. While the deal is still subject to regulatory approvals, the former company called it a “clear step forward” in its mission to drive innovation within the sector. The Deal Will Cement TrueLayer […]
Business
October 21, 2025
Evoke Parts Ways with Chair Mendelsohn, Appoints New Board Members
Evoke, the gaming company behind leading brands, such as Mr Green, William Hill and 888, has unveiled major changes to its board, including the departure of its board chair, Lord Jon Mendelsohn. In the meantime, the company welcomed Mark Summerfield as its new permanent non-executive chair and Anne de Kerckhove as its permanent deputy chair. […]
Business
October 20, 2025
Mohegan Parts Ways with CEO Ray Pineault
Mohegan said that its president and chief executive officer, Ray Pineault, is set to step down after over two decades with the company. According to the official announcement, Pineault took this decision in order to spend more time with his family Pineault to Step Down on December 28 In its announcement, Mohegan clarified that Pineault […]