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Gambling News - 'Business'
Business
August 14, 2025
Bragg Gaming Group Publishes Q2 Results, Expresses FY 2025 Confidence
Bragg Gaming Group, a B2B provider of iGaming tech and content, has published its financial report for Q2 2025, highlighting an increase in revenue, despite a slight drop in adjusted EBITDA. The company also updated its full-year forecasts, as it shifts toward high-quality earnings. The Adj. EBITDA Decreased Despite an Increase in Revenue In Q2 […]
Business
August 13, 2025
Catena Media’s Q2 Report Highlights the Impact of Optimization
Leading affiliate Catena Media has published its financial report for the second quarter of the year, highlighting the positive impact of its business optimization measures. While the company experienced certain setbacks, its leadership was happy with the effect of the stabilization efforts so far. Catena Media’s Stabilization Efforts Yield Results In the three months ended […]
Industry
August 12, 2025
Entain Prepared for Potential AUSTRAC Penalties
Entain, a global leader in sports betting and gaming, announced its interim results for H1, which ended 30 June 2025, revealing that a recent reorganization has helped it innovate better and is also prepared for potential penalties from Australia’s financial crime watchdog AUSTRAC. Entain Officials Talk About AUSTRAC Legal Issues During the earnings call, Entain […]
Business
August 12, 2025
Entain Raises FY 2025 Guidance Following Strong H1
Global sports betting and gaming giant Entain has published its interim H1 report, highlighting results that exceeded its leadership’s initial expectations. As a result, the company has updated its guidance and raised its FY 2025 forecasts. Entain’s H1 Was Very Strong In the first half of the year, Entain’s total net gaming revenue, including its […]
Business
August 12, 2025
Full House Resorts Posts Q2 Report, Highlights Stable Revenue
Casino and hospitality company Full House Resorts has published its financial results for the second quarter of the year. The company’s revenue remained mostly stable, with its team continuing its efforts to identify and address inefficiencies. Full House Resorts’ Revenue Was Mostly Stable In its report, Full House Resorts outlined revenues of $73.9 million – […]
Business
August 12, 2025
Novig’s Latest Funding Round Nets the Company $18M
Novig, a US-focused peer-to-peer sports prediction market, has announced the completion of its latest Series A funding round. The round saw participation from a variety of longtime Novig allies and netted the company some $18 million. Supporters Fueled Novig’s Future Growth Per Novig’s official announcement, the latest funding round was led by Forerunner and saw […]
Business
August 12, 2025
Star Entertainment Offloads Queen’s Wharf Stake to Hong Kong Partners
Star Entertainment has agreed to offload its 50% stake in Brisbane’s Queen’s Wharf casino to its Hong Kong-based partners, Chow Tai Fook Enterprises and Far East Consortium, for AUD 53 million ($34.62 million). This deal marks the culmination of months of stalled negotiations and marks a vital milestone in the property’s ongoing efforts to restructure […]
Business
August 11, 2025
Betr Asks Takeovers Panel to Restrain MIXI’s Latest PointsBet Acquisition Proposal
Betr has once again struck back against MIXI in an attempt to block its takeover of PointsBet. The two companies continue to clash over the Australian and Canadian sportsbook, with each adopting a different tactic in the negotiations. Betr Is Looking to Outbid MIXI Betr Entertainment and MIXI Australia have been courting PointsBet for several […]
Business
August 11, 2025
Ainsworth Shareholders Say Novomatic’s Takeover Undervalues the Company
Novomatic’s plan to acquire the remainder of gaming machine manufacturer Ainsworth Game Technology and take the company private might fall through amid shareholder dissent. Major stakeholders criticized Novomatic’s deal, saying that it has put them in a difficult position. Novomatic Seeks to Acquire Ainsworth Novomatic, which is among Europe’s largest gaming tech giants, set out […]
Business
August 8, 2025
PlayUp Nears Potential CrossBet Deal Amid Ongoing Turbulence
PlayUp, once a rising name in the Australian wagering market, may be on the verge of a significant shake-up. Industry sources suggest the operator is close to finalizing a deal with CrossBet, another Australian operator, in a move that could take the form of an outright merger or the sale of specific assets. Individuals familiar […]