Business
November 20, 2025
Sky Bet Faces Political Backlash in the UK After Shifting Headquarters to Malta
Sky Bet’s move to Malta has sparked a fresh political debate in the UK, with former prime minister Gordon Brown urging MPs to examine whether gambling companies are using relocation strategies to reduce their tax obligations in the UK. Brown released a sharply worded statement, following revelations that Flutter Entertainment, Sky Bet’s parent company, could […]
Business
November 20, 2025
Entain Unveils Job Cuts in Australia and New Zealand
Entain has unveiled significant job cuts in Australia and New Zealand as it looks to streamline its business and reduce its local costs. This follows earlier job cuts that saw the company lay off dozens of workers. Entain Seeks to Reduce Costs by Up to $60M According to the announcement, Entain is set to cut […]
Business
November 20, 2025
The Star Entertainment to Lay off 40 Senior Members, Reports Say
The Star Entertainment Group is reportedly preparing to cut dozens of senior roles ahead of Bally’s takeover. The alleged changes are coming shortly after the Australian operator added a new non-executive director to its team. AFR Reports Leadership Changes Across The Star According to a report by the Australian Financial Review, people familiar with the […]
Business
November 20, 2025
GiG Software Posts Robust Q3 Financials, Underpinned by Strong Business Growth
Leading iGaming technology provider GiG Software has published its financial report for the third quarter of the year, highlighting strong metrics across the board. At the same time, the company delivered three new launches, expanding its global presence. An Encouragingly Strong Quarter for GiG In the three months ended September 30, GiG Software reported revenue […]
Business
November 19, 2025
Gaming Compliance International Buys Yield Sec
Gaming Compliance International (GCI), which launched earlier this summer, has purchased Yield Sec for an undisclosed figure and will fold the company’s technology, workflows, and staff into its broader compliance operations. GCI Buys Yield Sec GCI stated that Yield Sec will become a central component of its service portfolio, reinforcing the company’s broader goal of […]
Business
November 19, 2025
Sky Bet’s Relocation to Malta Sparks Scrutiny
Flutter-owned UK operator Sky Bet has relocated its HQ to Malta, potentially saving it millions of pounds in taxes. The relocation was announced earlier this year alongside plans for layoffs. Sky Bet Relocates HQ to Malta The relocation of Sky Bet’s HQ to Malta was announced to employees in June, when the company warned […]
Business
November 18, 2025
Steve Wynn Shaves Another $10M off Beverly Hills Estate Asking Price
Steve Wynn has once again slashed the price of his gigantic Beverly Hills estate, marking the latest adjustment in his long-running efforts to find a buyer for one of the city’s most high-profile luxury listings. The 80-year-old casino mogul is asking $65 million for the property in Benedict Canyon, which is $10 million less than […]
Business
November 18, 2025
Brightstar Pens Formal Deal to Operate Italy Lotto Through 2034
Brightstar Lottery, an innovative, forward-thinking global leader in lottery, announced that it has finally signed the agreement to operate Italy Lotto. This comes after a bidding battle against Flutter, which sought to scoop up the license. LottoItalia to Continue Operating Italy Lotto In its latest announcement, Brightstar (formerly IGT Lottery) confirmed that its Italian subsidiary, […]
Business
November 17, 2025
PlayUp’s Future Hangs in the Balance as Acquisition by CrossBet Seems Increasingly Likely
PlayUp’s ongoing search for a way to escape its long-running regulatory and financial challenges is nearing a decisive moment. According to a recent Next.io report, shareholders are set for a December 10 vote for the sale of the company’s Australian gaming assets for AUD 18.6 million (12.11 million) to CrossBet. This proposal, shared with investors […]
Business
November 17, 2025
Codere Online’s Q3 Revenue Held Back by Headwinds in Mexico
Codere Online, a leading Spain and LATAM-facing gaming operator, has published its unaudited financial results for the third quarter of the year. The company, which reported significant growth earlier this year, reported stable results amid a significant decrease in net loss. Codere Online Experienced Setbacks in Mexico Codere Online’s Q3 results revealed net gaming revenue […]
