Gambling News - 'Business'
Legal
February 18, 2026
Nevada Sues Kalshi in Escalating Battle over Sports Event Contracts
Kalshi’s efforts to establish itself as a nationwide sports event contract operator have hit a wall in Nevada, where state regulators have launched a fresh legal challenge to restrict the platform. On Tuesday, the Nevada Gaming Control Board filed suit to block the New York-based company from offering contracts tied to professional and collegiate sports. […]
Business
February 18, 2026
Caesars Entertainment’s Q4 Report Highlights Strong Revenues Amid Higher Net Loss
American casino and hospitality giant Caesars Entertainment has published its financial results for Q4 2025, reporting a slight increase in revenue and EBITDA, despite an increase in net loss. The increase in revenue was underpinned by the rapid growth of the Caesars Digital division. Caesars’ Net Loss Broadened Despite Its Strong Revenues In its announcement, […]
Business
February 17, 2026
Rank Group Adds Former Manchester United CFO to Its C-Suite
The Rank Group announced the addition of a new chief financial officer on an interim basis. The one who will temporarily fill the role is Cliff Baty, an experienced finance expert with an impressive corporate track record. Rank Group Welcomes a New Interim CFO In a regulatory filing submitted on February 17, 2026, Rank Group […]
Business
February 16, 2026
FanDuel Strengthens Team with Ari Avishay as SVP of Marketing
Leading betting brand FanDuel has onboarded veteran marketer Ari Avishay as its new senior vice president of marketing. The new appointee is a former Paramount+ member and boasts significant experience in promoting products to a global audience. FanDuel Onboards Marketing Veteran Avishay joins FanDuel, bringing what company executives called a “proven track record” of driving […]
Industry
February 16, 2026
Sweepstakes Casinos Seek Visibility Despite Regulatory Headwinds
This year’s Daytona 500 featured a sight impossible to overlook. The race featured two cars bearing the branding of sweepstakes casinos, marking a significant shift for an event long associated with traditional sponsors and regulated sportsbooks. For operators in the sector, the exposure represents more than a marketing win as their brands are becoming increasingly […]
Business
February 16, 2026
Las Vegas Sands Confirms Patrick Dumont as CEO & Chair, Goldstein Steps Down
International casino and hospitality giant Las Vegas Sands unveiled a significant change to its leadership, naming the experienced Patrick Dumont as its new chairman and chief executive officer. Dumont has also been named chair of the company’s China-facing subsidiary, Sands China. Las Vegas Sands to Welcome a New CEO on March 1 On February 13, […]
Business
February 11, 2026
Novomatic’s Takeover of Ainsworth Game Technology Falls Through
A few days after announcing that its planned acquisition by NOVOMATIC has been postponed once again, Ainsworth Game Technology Limited, an Australia-based gaming provider, confirmed that the deal has fallen through. NOVOMATIC Sought to Acquire the Rest of Ainsworth In its official announcement, Ainsworth commented on NOVOMATIC’s effort to acquire the remainder of the Australian […]
Business
February 11, 2026
Q4 Was Catena Media’s Strongest Quarter Since Its Organizational Reset
Leading gaming affiliate Catena Media has published its financials for Q4, highlighting a strong end to the year. Despite the weaker revenue for the year, the company’s EBITDA metrics increased significantly in 2025. Another Solid Quarter for Catena Media Coming after a “solid” Q3, Catena Media’s report outlined Q4 revenue of EUR 15.6 million […]
Business
February 10, 2026
Shareholders Show Strong Confidence in the Allwyn–OPAP Merger
Shareholders signal significant support for the proposed merger between Allwyn and OPAP as the deal promises to redefine Europe’s lottery and gaming landscape. OPAP held an extraordinary general meeting at the beginning of January, allowing investors to exit the company. Only 6.7% of OPAP’s outstanding shares were compensated in this manner, signaling that most shareholders […]
Casino
February 10, 2026
Hard Rock Atlantic City Details $50M Renovation Project
Hard Rock Atlantic City has unveiled plans for major renovations that would significantly improve its hospitality offerings. In addition to refurbishing hundreds of new rooms, the renovation would also renovate various corridors and pathways. Hard Rock Prepares to Renovate Hundreds of Rooms The renovation of Hard Rock Atlantic City’s hotel come less than a decade […]