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Business News and Headlines
Business
May 28, 2025
Playtech Offloads Happybet Franchise to pferdewetten.de
Leading online gambling platform, content, and service provider Playtech is handing over the reins of its German sports betting brand, Happybet, to NetX Betting, a subsidiary of German gambling operator pferdewetten.de AG. The Shift Continues The move marks a key milestone in Playtech’s shift away from consumer-facing operations as it continues to focus solely on […]

Business
May 28, 2025
PENN Entertainment Fights Back Against Investor Claims Before Board Meeting
With a crucial proxy fight coming to a climax, PENN Entertainment has countered what it labels a string of deceptive accusations from HG Vora Capital Management, one of its biggest investors. The gaming firm put out an addition this week to challenge statements the activist hedge fund made in a recent 116-slide presentation. PENN Backs […]

Business
May 27, 2025
Crown Perth Ushers in New Era with Leadership Overhaul
Crown Perth has started a new chapter in its continuing transformation with the appointment of Brian Pereira as chief executive officer, along with the appointment of ex-Western Australian Treasurer Ben Wyatt as chair-elect of the board. The leadership shake-up announced on Monday continues Crown Resorts’ ongoing efforts to reinvent itself as a transformed and forward-looking […]

Business
May 27, 2025
Sega Sammy Completes Its Acquisition of GAN
GAN Limited, a leading B2B provider of solutions to the iGaming industry confirmed that its merger with Sega Sammy, a Japanese global holding company, has been completed. This is consistent with Sega Sammy’s earlier announcement, which said that the deal would close on May 27. GAN Joins the Sega Sammy Family As outlined in Sega […]

Business
May 27, 2025
Scientific Games Becomes the UAE’s Latest Licensed Supplier
Scientific Games, a leading provider of innovative, secure, and purpose-driven iLottery products, announced that it has become the latest gaming supplier to secure a license in the United Arab Emirates’ budding gaming market. GCGRA Gives the Green Light to Scientific Games In its official announcement, Scientific Games confirmed that it has secured a Gaming-Related Vendor’s […]

Business
May 27, 2025
BetMGM to Foray into Missouri Via Century Casinos Partnership
Century Casinos, a Colorado-based casino entertainment company, announced that it has formed a new partnership with the leading sports betting operator BetMGM. Under this agreement, BetMGM will be able to operate online sports betting in Missouri. BetMGM Secures Missouri Entry In its official release, Century Casinos announced that it has penned a new partnership arrangement […]

Business
May 27, 2025
The Star Entertainment Encourages Shareholders to Approve Bally’s Proposal
As The Star Entertainment Group’s next General Meeting approaches, the company asked its shareholders to consider Bally’s Corporation’s proposed takeover. The company leadership encouraged investors to greenlight the deal, highlighting that no better opportunity exists at the moment. The Star Shareholders to Vote on Bally’s Proposal In an ASX release published yesterday, The Star Entertainment […]

Business
May 27, 2025
Betfair Cost-Cutting for UK and Ireland Means No More Affiliates
In an email shared with affected partners, Betfair, one of the foremost sports betting and gaming companies, informed that it is planning to discontinue affiliate marketing efforts in the United Kingdom and Ireland. Betfair Set to Pull the Plug on Marketing Affiliates While the move is attributed to cost-cutting, Betfair must have concluded that it […]

Business
May 23, 2025
Codere Online Asks Nasdaq to Stay the Suspension of Its Stock
Codere Online confirmed its intention to challenge The Nasdaq Stock Market’s delisting threat. To that end, the company requested a hearing and a further say of suspension of trading. Codere’s 2024 Report Was Delayed Consistent with a prediction Codere Online made in its Q1 report, the company received a staff determination letter from the Nasdaq […]

Business
May 22, 2025
Intralot Quashes Max Gaming Acquisition Rumors
Intralot, a reliable lottery partner and licensed gaming provider, has commented on rumors regarding an M&A deal it allegedly considered. Coming shortly after a report by a major Australian news outlet, the Greek company’s statement denied the rumored arrangement. Report Implied Intralot Could Acquire Max Gaming A recent report by The Australian made headlines after […]
