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Business News and Headlines
Business
June 16, 2025
BetMGM Updates Full-Year Guidance Due to Strong Performance
Global sports betting and gaming giant Entain has published an update to the full-year guidance of the BetMGM brand due to its continued strength. The company promised to provide more details upon the release of its upcoming H1 update. Entain Updated the Guidance Entain, which co-owns BetMGM together with MGM Resorts International, reported that the […]

Business
June 16, 2025
Melco Resorts Adds Finance Heavyweight John Peter Ben Wang as Independent NED
Melco Resorts & Entertainment Limited, a major developer, owner, and operator of integrated resorts with casino facilities, announced the addition of a finance veteran to its team. The company leadership welcomed the new member, expressing confidence in his abilities. John Peter Ben Wang Joins as Independent NED On Friday, Melco Resorts & Entertainment announced that […]

Business
June 13, 2025
Novibet Designates Vasili Rappos as Chief Product Officer
Novibet, an established GameTech company, has made a key C-suite appointment, adding the experienced Vasili Rappos as its new chief product officer. Rappos, who thanked the company for its trust, vowed to bring a mindset of care and commitment to the company and help its products remain ahead of the curve. Rappos Boasts a Strong […]

Business
June 13, 2025
Australia Gives the Go-Ahead to MIXI’s Takeover of PointsBet
The Australian arm of the Japanese consumer tech giant MIXI recently revised its proposal for the acquisition of PointsBet, an Australian sports betting giant. Now, the government has approved the arrangement, allowing the two companies to proceed. MIXI and BlueBet Fought for PointsBet Earlier this year, MIXI Australia put forward a proposal to acquire PointsBet […]

Business
June 12, 2025
Raketech to Sell Its Remaining US Tipster Assets
Raketech Group has announced, following a strategic review, that it has reached an agreement to sell its non-core US tipster and subscription business for a total consideration of €1.25 million ($1.44 million). Raketech Divests Remaining US Tipster Assets to Sharpen Strategic Focus Of this amount, €450,000 ($482,000) will b֔e paid at closing, €350,000 ($375,000) after […]

Business
June 12, 2025
Oddsgate Reaffirms Commitment to Integrity by Becoming IBIA’s Latest Member
Oddsgate, a B2B provider of iGaming platform and solutions, announced that it has become the latest member of the International Betting Integrity Association (IBIA). This move was consistent with the company’s values and highlighted its firm commitment to integrity. Oddsgate Joins the IBIA By joining the IBIA, Oddsgate has become a part of a global […]

Business
June 12, 2025
Future Anthem Secures License in New Jersey, Powers PlayStar with Amplifier AI
Future Anthem, a company that leverages artificial intelligence to personalize the player experience for gaming operators, announced a foray into New Jersey’s iGaming market. This entry will significantly expand the company’s North American presence, allowing it to tap into one of the biggest US gaming markets. Future Anthem Enters the Garden State In its official […]

Business
June 11, 2025
Flutter May Lay Off 200 Employees in Britain and Ireland
Flutter, the owner of Paddy Power, may cut over 200 jobs across the UK and Ireland as part of a broader plan to unify its brands under a single technology platform later this year. Flutter Talking About Potential Mass Layoffs The company has not yet specified which areas will be affected by the redundancies, stating […]

Business
June 11, 2025
Digitain Names IT Heavyweight Mary Ann Calleja as Chief Product Officer
Digitain, a leading sports betting and casino platform provider, has further enhanced its leadership team with a new appointment. The latest addition to the company’s C-suite is Mary Ann Calleja who will serve as the company’s new chief product officer. Calleja Joins Digitain as CPO Calleja was described by Digitain as a seasoned IT and […]

Business
June 10, 2025
Catena Media Divests Esports Division to Focus on Other Goals
Catena Media, a major affiliate marketing specialist, has divested its esports assets, marking an end to its participation in the esports sector. Representatives confirmed the transaction and justified it with Catena’s decision to focus on higher-margin products. The Affiliate Sold Its Esports Products to an Undisclosed Buyer The sale, which was confirmed to company members […]
