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 […]
Business
November 14, 2025
Everbay Capital Cites Concerns Over Golden Entertainment CEO Buyout
New York–based investment firm Everbay Capital has sent a letter to Golden Entertainment’s board raising serious concerns about last week’s announcement that the company’s CEO, Blake Sartini, plans to purchase the business. Everbay Capital argues that the proposed price of $2.75 per share for the remaining company, following the real estate divestiture, significantly undervalues its […]
Business
November 14, 2025
AQR Weighs a Move into Sports Betting as Prediction Markets Continue to Expand
AQR Capital Management, one of the leading global quantitative hedge funds, is carefully evaluating whether sports betting could be its next frontier. Co-founder and CIO Cliff Asness discussed this possibility during a special 10th anniversary episode of the Odd Lots podcast, noting that the firm is examining what such a move would entail. Prediction Markets […]
Business
November 14, 2025
Former Nevada Governor to Chair Resorts World Las Vegas
Resorts World Las Vegas, one of Sin City’s top properties, announced major leadership changes. In addition to the transition of Jim Murren to the role of chairman emeritus, the business named ex-Nevada Governor Brian Sandoval as chair. The Property Named Nevada’s Former Governor as Chair Resorts World Las Vegas confirmed that Jim Murren will end […]
