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Business News and Headlines
Business
January 14, 2025
Donald Trump Jr. Becomes Kalshi’s Strategic Adviser
Donald Trump Jr., the President-elect’s son, has taken on a role as a strategic adviser at Kalshi, a platform for prediction markets. This step highlights the increasing importance of political betting markets in the US following Kalshi’s legal victory that paved the way for betting on election outcomes. Kalshi Secures Trump Jr. Partnership Amid Legal […]

Business
January 13, 2025
Stake Expands European Footprint with VinderCasino Acquisition in Denmark
Global online gambling operator Stake announced it had acquired MocinoPlay’s VinderCasino. The brand is well-known in the Danish casino market, representing another significant milestone in Stake’s ongoing strategy to expand its presence across regulated markets in Europe and beyond. This acquisition follows similar deals in 2024 and will likely not be the company’s last such […]

Business
January 13, 2025
Play’n GO Enters Michigan, Pens Its First Tribal Operator Deal
Play’n GO, a leading provider of content to the global casino industry, has unveiled a new tie-up with an American tribal gaming operator. According to the announcement, the Swedish supplier will deliver its world-class content to Eagle Casino & Sports, a tribal online gaming company in Michigan. Play’n GO’s First Tribal Gaming Deal Play’n GO’s […]

Business
January 13, 2025
Star Entertainment Risks Going Bust, Putting Thousands of Jobs on the Line
Star Entertainment Group, a big name in Australia’s casino and hotel business, stands on the brink of going broke. With just $79 million in the bank and growing problems, including fewer customers and over $100 million in fines from regulators, the company might run out of money in a month and a half. Brisbane’s $3.6B […]

Business
January 10, 2025
Betfred Leaves Nevada, US Exit May Be Imminent
Gaming company Betfred has just exited Nevada’s gaming market, leaving it operational in a single US jurisdiction. The operator has been gradually scaling down its American operations, hinting at a possible exit from the region. All Outstanding Bets Will Be Respected On its official website, Betfred confirmed the exit, warning patrons about its exit from […]

Business
January 10, 2025
Hollywood Casino Unveils New ESPN BET Retail Sportsbooks at Two Locations
Hollywood Casino at Penn National Race Course and Hollywood Casino York today announced the official opening of their new ESPN BET retail sportsbooks, a significant milestone in the partnership between PENN Entertainment and the premier sports media brand. A ribbon-cutting ceremony will commemorate the grand opening at both locations this Saturday at 1 p.m. The […]

Business
January 10, 2025
J&J Gaming Completes Leisure Gaming Takeover in Nevada
The national leader in the operation and installation of regulated gaming devices, J&J Gaming, announced that it has successfully completed the acquisition of a Nevada-based operator of nonrestricted casinos, Leisure Gaming. Golden Route Operations Acquires Leisure Gaming The strategic acquisition was finalized on December 16, 2024, after the former secured the required regulatory approvals from […]

Business
January 9, 2025
Hard Rock and Seminole Gaming Double Efforts to Combat Human Trafficking
With a series of new and ongoing initiatives, Hard Rock International and Seminole Gaming intend to raise more awareness about the issue of human trafficking. Hard Rock & Seminole Gaming Reaffirm Commitment to Combat the Issue Hard Rock International and Seminole Gaming recently announced they will continue the fight against human trafficking using expanded prevention […]

Business
January 9, 2025
Star Entertainment Shares Drop as Company Reports Decline in Cash
The Star Entertainment Group, an Australian casino and hospitality company, remains in peril amid regulatory and financial challenges. The company, which was extensively scrutinized over regulatory violations, negligence and overall lack of oversight, continues to see its share price plummet. The Company Reported a Drastic Drop in Available Cash Yesterday, the group, which is trading […]

Business
January 8, 2025
Kambi Partners with Stake to Drive Sports Betting Expansion
Sports betting solutions provider Kambi Group plc announced a strategic partnership with rapidly growing global operator Stake, which is seeking to expand its reach into regulated markets. The collaboration debuted with the launch of Stake’s Kambi-powered sportsbook in Brazil as the country’s modernized gambling jurisdiction made it one of the world’s most anticipated sports betting […]
