Business News and Headlines
Business
April 22, 2026
Bally’s Intralot’s Is Eying Up More Mergers After the Expected Evoke Purchase
During Bally’s Intralot’s recent Q1 earnings call, its CEO, Robeson Reeves, explained that the company is looking for other potential merger targets beyond the current bid for indebted British bookmaker Evoke. Bally’s Intralot CEO Says More Mergers Are Ahead Reeves told investors that, beyond Evoke, the company continues to assess the broader merger and acquisition […]
Business
April 22, 2026
Evolution’s Q1 Held Back by Weak USD & Decline in Europe
Evolution has published its interim report for the period ended March 31 (Q1), highlighting slight decreases in revenue and EBITDA. The suboptimal results were attributed to lackluster performances in Europe. Evolution’s Financials Experienced a Slight Decline In Q1 2026, Evolution reported a 1.5% decline in net revenues to EUR 513 million ($602.3 million). While the […]
Business
April 22, 2026
Gaming Stocks Lag As Regional Casinos Show Steady Strength
In February, Truist Securities analyst Barry Jonas expressed his view on early-year gaming stocks, saying they remained weak amid investor caution toward prediction markets, despite consistent trends in the gaming market. In a fresh April 21 note, the analyst reiterated his opinion: gaming stocks keep sitting out of favor with investors, though early signs of […]
Business
April 21, 2026
Gaming Arts Unveils “The Forge” as Its New Manufacturing Facility
Gaming Arts, a Las Vegas-based subsidiary of Merkur Gaming, is pursuing further growth in the US, reflected in the launch of its new manufacturing facility, The Forge. This comes as the company outgrew its previous facility. Gaming Arts’ Rapid Growth Necessitated the Move The Forge is located on West Harmon Avenue and held its grand […]
Business
April 20, 2026
Bet365 Enters Michigan as Its 17th US Market
Leading online betting and gaming operator bet365, announced that it has entered Michigan as its 17th US jurisdiction. The move aligns with the company’s North American strategy and its broader pursuit of an expanded global footprint. Players in the Great Lake State Will Get the Full Bet365 Experience According to the announcement, bet365 has made […]
Business
April 20, 2026
Industry Veteran Giles Potter Joins ThrillTech as CMO
ThrillTech, a leader in side bet jackpot technology, announced the expansion of its C-suite with the addition of a new chief marketing officer. The one up to the task is Giles Potter, who boasts years of industry experience and was deemed “ideal” to scale the company’s global presence. Potter Is a Proven Industry Veteran In […]
Business
April 20, 2026
Bally’s Intralot Sees 35% Revenue Increase, But Merger Might Hide Issues
Bally’s Intralot reported a 34.8% year-over-year increase in group revenue for 2025, driven by the merger of the two companies late last year. Despite that, costs and other financial challenges led to some losses. Merger Contributed a Lot to the Revenue Increase In 2025, the company reported revenue of over $609 million, a significant increase […]
Business
April 17, 2026
Racecourse Media Group to Part Ways with Chair Conor Grant
Racecourse Media Group (RMG), an organization uniting 37 British racecourse shareholders, announced that its chairman, Conor Grant, will be stepping down from the role. The outgoing chair cited increasing work commitments and travel to the US as the reason for his decision. Grant to Depart Upon the Conclusion of His Term On April 17, RMG […]
Business
April 16, 2026
The Star Entertainment Adds MGM China Ex-CEO to Board
The Star Entertainment Group Limited, an Australian casino and hospitality company, announced a new addition to its board of directors. The company said that the appointment aligns with its ongoing recovery efforts and ambition to achieve strong sustainability. Another Strong Addition to The Star’s New Management According to The Star’s official ASX announcement, industry heavyweight […]
Business
April 15, 2026
Kjerulf Ainsworth Pushes Back Against Novomatic’s Growing Control of ATG
Austrian gambling company Novomatic, a majority shareholder of Australian slot machine supplier Ainsworth Game Technology (AGT), apparently wants to limit the takeover powers of minority parties. However, Kjerulf Ainsworth, the son of company founder Len Ainsworth and a prominent minority shareholder in ATG, has warned against such a move, arguing that this would be a […]