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Business
October 13, 2025
Flutter Brazil CEO Reveals the Company’s Next Steps in the Region
Flutter Brazil recently opened its new office in São Paulo, Brazil. Set in the heart of Faria Lima Square, Latin America’s leading financial hub, the 731-square-meter area reflects the company’s ambitions for the future of Brazil’s fast-growing betting market. According to Flutter Brazil CEO João Studart, this development symbolizes the company’s continued confidence in the […]
Business
October 13, 2025
Kalshi Secures $300M Funding, Hits $5B Valuation
Tarek Mansour, CEO of Kalshi, has confirmed in a LinkedIn post the long-rumored $300 million investment secured in the company’s latest funding round, bringing the company’s valuation to $5 billion, as stated last month. Kalshi’s CEO Announces the Company Hit Its Previously-Stated Validation This new capital injection boosts the valuation of the prediction market leader […]
Business
October 13, 2025
Allwyn Unveils Historic Merger with OPAP
Allwyn International has announced a strategic merger with OPAP, Greece’s leading gaming company. The resulting entity will be called Allwyn and will position itself as the second-largest listed lottery and gaming company in the world. The Creation of Gaming’s Second-Largest Business According to the announcement, Allwyn will merge with OPAP through an all-share transaction that […]
Business
October 13, 2025
Elon Musk Firm Accused of Environmental Breaches in Las Vegas Tunnel Project
Nevada environmental regulators have accused Elon Musk’s Boring Company of 800 violations related to its ongoing Las Vegas tunneling project. This has renewed attention on the company’s compliance practices and workplace safety record. Stop-Work Order Targets Boring Company for Alleged Wrongdoing The Nevada Division of Environmental Protection (NDEP) sent a cease-and-desist letter detailing the alleged […]
Business
October 13, 2025
High Interest Rates Put Casino M&A Activity on Hold
Mergers and acquisitions in the casino industry seem to have slowed down, as steep borrowing costs continue to discourage big deals. Talks at the recent Global Gaming Expo (G2E) in Las Vegas suggest that the usual excitement around deal-making has died down this year. Caution Dominates G2E as Casino M&A Waits for Interest Rate Relief […]
Business
October 10, 2025
Splash Sports’ Latest Funding Round Nets the Company $14.5M
Splash Sports, a leader in skill-based social sports gaming, announced that it has completed a Series B funding round, securing millions of dollars to expand its business across North America. The Funding Round Will Allow Splash to Scale Its US Business According to Splash Sports’ announcement, the DFS company has raised $14.5 million in a […]
Business
October 10, 2025
Fast Track Comments on Recent Cyberattack
Fast Track, a CRM company that harnesses the power of artificial intelligence and real-time data to deliver unparalleled player engagement to iGaming operators, released a statement on a recent cyberattack. In addition to confirming that the damage was not extensive, the firm said that everyone affected has been informed. Fast Track Says the Damage Has […]
Business
October 10, 2025
Bally’s Sells Interactive Arm to Intralot for EUR 2.7B
Bally’s Corporation, the worldwide casino-entertainment company that operates 19 casinos, has officially completed the sale of its international interactive division to Intralot S.A., combining the business with Intralot’s global lottery and gaming operations. Liquidity Growth and Faster Global Expansion The deal, originally announced through a binding agreement signed this summer, values Bally’s International Interactive at […]
Business
October 9, 2025
Arsen Tadevosyan Becomes 18Peaches’s New Chief Strategy Officer
Next-generation slot game provider 18Peaches has named Arsen Tadevosyan as its new chief strategy officer. With over ten years of leadership experience in the iGaming industry, Arsen brings deep expertise in product strategy, gaming operations, and business development to support the company’s rapid growth. 18Peaches Welcomes Arsen Tadevosyan At 18Peaches, Arsen Tadevosyan will lead efforts […]
Business
October 9, 2025
Glitnor Group Chooses Kambi as Its New Sportsbook Provider
Glitnor Group, an international iGaming and sports betting company, unveiled a major partnership with sports betting solutions leader Kambi that will see the latter company replace the former’s existing B2B sportsbook provider. Glitnor Selects Kambi as Its Latest Ally The new turnkey sportsbook partnership will see Kambi power Glitnor with its premium sportsbook technology and […]
