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Business News and Headlines
Business
September 5, 2025
MGM CEO Hornbuckle: “Las Vegas Is Not Dead”
On Thursday, MGM Resorts International chief executive officer Bill Hornbuckle reiterated his belief that social media claims that Las Vegas visitors are being overcharged are not valid. “We Ran 98% This Weekend” Speaking at the Bank of America Securities 2025 Gaming and Lodging Conference in New York City, Hornbuckle, who previously expressed his confidence in […]

Business
September 4, 2025
FanDuel Names RG Veteran Keith Whyte as Responsible Gaming Strategic Advisor
Leading online sportsbook FanDuel announced the addition of Keith Whyte as responsible gaming strategic advisor. His appointment to the role comes just in time for September, which marks Responsible Gaming Education Month in the US. The Appointee Boasts Decades of RG Experience As the responsible gaming strategic advisor of FanDuel, Whyte will assume responsibility for […]

Business
September 4, 2025
Kambi Appoints Former Disney HR Boss Michelle Unsworth as Chief People Officer
Kambi has appointed Michelle Unsworth as its new chief people officer, overseeing all aspects of the company’s global people strategy, including talent acquisition, leadership development, and employee experience. Michelle Unsworth Announced as Kambi’s Chief People Officer Over the past 20 years, the London-based industry professional has accumulated rich experience leading people functions and driving transformation […]

Business
September 4, 2025
Polymarket Cleared to Relaunch US Prediction Market
Polymarket, the world’s largest prediction market, is making its way back to the US after more than three years on the sidelines. The U.S. Commodity Futures Trading Commission (CFTC) gave the green light on Wednesday, as announced by chief executive Shayne Coplan, clearing its path for relaunch after fixing a series of past regulatory hurdles. […]

Business
September 3, 2025
Jason Ader’s 26 Capital Collapses into Bankruptcy After Failed Okada Manila Deal
Wall Street investor Jason Ader, well-known for his high-profile ventures into the gaming sector, has placed 26 Capital Acquisition Corp, his special purpose acquisition company (SPAC), into Chapter 11 bankruptcy. The filing marks a dramatic fall from grace for a company that once aimed to bring one of Asia’s largest integrated resorts, Okada Manila, onto […]

Business
September 3, 2025
Holland Casino Swings Back to Profitability Despite Rising Tax Pressures
As the first half of 2025 draws to an end, Holland Casino posted a profit of EUR 14.2 million ($16.6 million), reversing the loss in the same period last year. While positive, these gains are the result of significant cost-cutting measures, strategic restructuring, and the sale of two properties, rather than stemming from an increase […]

Business
September 3, 2025
VIP Play Adds Gaming Industry Veteran Robert Rippee as Interim CMO
VIP Play, an up-and-coming mobile sports betting and interactive gaming company, has enhanced its team with the appointment of a new C-level member. According to the announcement, gambling industry veteran Robert Rippee will join VIP Play as interim chief marketing officer. Rippee Will Boost VIP Play’s Marketing Efforts VIP Play described Rippee as an incredibly […]

Business
September 2, 2025
Analysts Flag Structural Challenges for Tabcorp Despite Earnings Lift
Australian gambling giant Tabcorp is expected to post improved financial results in Q2 2025. However, analysts warn that deeper structural issues continue to loom over the company’s future. Recent regulatory issues and policy changes in key regions could further undermine the operator’s position if it fails to adapt. On-Course Shops Will Be the First to […]

Business
September 2, 2025
Glitnor Group Secures EUR 55M Facility from HG Vora Capital
Glitnor Group has secured a significant financial investment following a contribution of EUR 55 million ($64.2 million) from the US-based HG Vora Capital Management. This capital injection will support the operator’s expansion via mergers and acquisitions while bolstering strategic growth initiatives in regulated markets across Europe and North America. The deal should also help Glitnor […]

Business
September 2, 2025
Pine Sports and SharpSports Merge to Reach Greater Heights
Pine Sports has merged with SharpSports in a deal that will leverage the two companies’ unique qualities to help them reach greater heights. The Deal Will Speed Up SharpSports’ Production Pipeline The deal was first announced on the 179th episode of Betting Startups, a podcast dedicated to emerging companies within the North American gaming sector. […]
