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Gambling News - 'Business'
Business
October 21, 2025
Evoke Parts Ways with Chair Mendelsohn, Appoints New Board Members
Evoke, the gaming company behind leading brands, such as Mr Green, William Hill and 888, has unveiled major changes to its board, including the departure of its board chair, Lord Jon Mendelsohn. In the meantime, the company welcomed Mark Summerfield as its new permanent non-executive chair and Anne de Kerckhove as its permanent deputy chair. […]
Business
October 20, 2025
GiG Software Announces Launch on OTCQX Market
GiG Software, a leading provider of online gaming technology, has announced that it has started trading on the OTCQX Best Market. According to the company’s leadership, this move will increase the company’s already significant market presence. GiG Goes Live on the OTCQX Under the GIGXF Symbol In its official announcement, GiG Software said that its […]
Business
October 20, 2025
Flutter Brazil Onboards Dyego Cabral de Jesus as Head of Compliance
A week after teasing its plans for the near future, Flutter Brazil, the Brazil-facing arm of the sports betting juggernaut Flutter Entertainment, has appointed a new head of compliance. The one up to the task was Dyego Cabral de Jesus, whom the company described as a veteran when it comes to compliance-related matters. Flutter Names […]
Business
October 16, 2025
MGM Resorts to Sell MGM Northfield Park for $546M
International casino & hospitality giant MGM Resorts International has unveiled an agreement to sell the operations of its MGM Northfield Park. According to the company’s official press release, the buyers are private equity funds managed by Clairvest Group. MGM Originally Bought the Property for $275M The announcement clarified that MGM Resorts will sell the operations […]
Business
October 15, 2025
Rank Group Posts Q1 Results, Highlights Growth Despite Setbacks
Rank Group has published its financials for the three-month period ended September 30, 2025 (Q1), highlighting increases across the board. Rank Group’s Revenues Increased Across the Board In its report, Rank Group highlighted Q1 net gaming revenue (NGR) of GBP 210 million ($281.4 million), up 9% year-on-year. Taking a look at how the serious segments […]
Business
October 15, 2025
Entain Posts Q3 Results, Reiterates FY 2025 Guidance
Entain has published its Q3 financial update, highlighting favorable metrics. Thanks to the increasing financials, the company reiterated its FY 2025 guidance. Entain Experienced Stable Growth In its report for the three-month period from July 1 to September 30, 2025, Entain recorded a total group net gaming revenue (NGR) increase of 7% on a constant […]
Business
October 14, 2025
BetMGM Posts Q3 2025 Update, Highlights Double-Digit Increase in Revenue
Leading sports betting and iGaming operator BetMGM has published its Q3 2025 update, highlighting a double-digit increase in revenue. Revenues Continued to Soar In its report, BetMGM emphasized that its Q3 performance has been ahead of expectations due to tailwinds across both its betting and online gaming divisions. As a result, the company’s net revenue […]
Business
October 14, 2025
Xtremepush Secures Investment of Almost $13M from AshGrove Capital
Xtremepush, an AI-driven CRM and gamification platform, has raised $12.6 million in new funding from long-standing investment partner AshGrove Capital, aiming to use the new funds for further expansion into new markets. Xtremepush and AshGrove Capital Sign Financing Deal According to a press release, the B2B software-focused investor has provided the company with a flexible […]
Business
October 14, 2025
Yolo’s Bombay Group Makes Key C-Suite Appointments
Bombay Group, a subsidiary of Yolo Group, has unveiled major appointments to its leadership team, including a new chief marketing officer and a new chief digital officer. The appointments come at an important time for the growing luxury brand. Bach to Strengthen Bombay’s Brand Identity According to the announcement, the experienced Rhiannon Bach and Lauren […]
Legal
October 13, 2025
Gambling Mogul Marcel Boekhoorn Ordered to Divest His Novum Bank Shares
Dutch billionaire Marcel Boekhoorn, a major investor in the gambling sector, has been directed by the Malta Financial Services Authority (MFSA) to divest his shares in Novum Bank after losing his “fit and proper” status. MFSA Orders Boekhoorn to Divest His Shares Boekhoorn, who has significant investments in casino game developer Habanero Systems, is among […]