Gambling News - 'Business'
Business
November 28, 2025
Betr Officials Praise the Company’s 2025 Progress and Outline 2026’s Goals
In a recent shareholder address, Betr executive chairman Matthew Tripp explained that the company saw rapid growth and financial improvement in 2025 – all things that Betr puts on top of its priority list for the upcoming 2026 financial year. Executive director Andrew Menz echoed those words, adding that 2025 was a transformative year for […]
Business
November 28, 2025
China Construction America and BML Settle over $1.6B Baha Mar Construction
China Construction America, Inc. (CCA), serving as the general contractor for the Bahamas’ Baha Mar casino resort, have stated that they reached a “comprehensive agreement” with the project’s original owner, BML Properties Ltd., resolving a $1.6 billion legal dispute without acknowledging any wrongdoing. CCA and BML Properties Reach an Agreement The deal follows a New […]
Casino
November 26, 2025
Rivers Casino Pittsburgh Valued Near $1B in Major Recapitalization
Rivers Casino Pittsburgh has been valued at nearly $1 billion amid a recapitalization of the land-based casino and hotel situated along the Ohio River by Chicago-based Rush Street Gaming. Rivers Casino Pittsburgh Revalued at almost $1B The deal results in Rivers Enterprise Borrower, LLC (an affiliate of Rush) becoming the sole owner of the property. […]
Business
November 26, 2025
Allwyn’s Q3 Profitability Was Strong Despite Setbacks
Gaming giant Allwyn International has published its unaudited financial report for the third quarter of the year, reporting stable financials. Officials highlighted the company’s significant strategic progress and expressed optimism about its future. Allwyn’s Growth Was Offset by High Costs and Customer-Friendly Results In its Q3 report, Allwyn reported good top-line growth momentum. The company’s […]
Business
November 26, 2025
Robinhood & Susquehanna to Launch New Exchange
Robinhood has unveiled a new partnership with Susquehanna International Group that will expand the two companies’ presence in the prediction markets space. The tie-up comes amid rapidly increasing demand for event contracts and other betting alternatives. Robinhood Expands Its Prediction Markets Presence According to the official announcement, Robinhood and Susquehanna will launch a CFTC-Licensed exchange […]
Business
November 25, 2025
The Star Entertainment to Welcome Bally’s as Majority Stakeholder by the End of the Week
The Star Entertainment Group is bracing for Bally’s takeover, hoping that it will finally help it open a new chapter. According to the latest announcement, the takeover should happen later this week. The Star Expects to Complete the Bally’s Transaction Very Soon In an ASX release published on November 25, The Star’s leadership addressed the […]
Business
November 24, 2025
Hub88 Adds Player-Funded ThrillTech Jackpots to Its Platform
Hub88 has enhanced its offering with the addition of ThrillTech Jackpots. Designed to create player-funded jackpots, this new solution will help the provider’s clients enhance their product offerings. A Faster Way to Offer Jackpots That Keep Players Locked in According to Hub88’s announcement, ThrillTech Jackpots, or ThrillPots, allows operators to offer fans the thrill they […]
Business
November 24, 2025
EveryMatrix Acquires Front-End Specialist Goma Gaming
EveryMatrix announced another major acquisition that will further bolster its position as a leader in gaming content. The latest deal saw the business acquire Goma Gaming, a front-end solutions specialist. Goma Gaming Will Bolster EveryMatrix’s Front-End Capabilities In its announcement, EveryMatrix described Goma Gaming as a front-end expert with some 20 years of experience in […]
Business
November 20, 2025
Sky Bet Faces Political Backlash in the UK After Shifting Headquarters to Malta
Sky Bet’s move to Malta has sparked a fresh political debate in the UK, with former prime minister Gordon Brown urging MPs to examine whether gambling companies are using relocation strategies to reduce their tax obligations in the UK. Brown released a sharply worded statement, following revelations that Flutter Entertainment, Sky Bet’s parent company, could […]
Business
November 20, 2025
Entain Unveils Job Cuts in Australia and New Zealand
Entain has unveiled significant job cuts in Australia and New Zealand as it looks to streamline its business and reduce its local costs. This follows earlier job cuts that saw the company lay off dozens of workers. Entain Seeks to Reduce Costs by Up to $60M According to the announcement, Entain is set to cut […]