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Business
August 21, 2025
Flutter Entertainment Holds Its Place on Goldman Sachs Hedge Fund VIP List
Flutter Entertainment has maintained its position on Goldman Sachs’ highly regarded “Hedge Fund VIP” list. The company remains the only gaming operator to make it among the investment bank’s leading stocks. Goldman’s breakdown, based on the latest 13-F US Securities and Exchange Commission filings, found that the basket of stocks most favored by hedge funds […]
Legal
August 20, 2025
Trade Secrets Battle Between Aristocrat and Light & Wonder Shows No Signs of Subsiding
The long-running legal dispute between Aristocrat and Light & Wonder (L&W) over alleged trade secret theft is showing little sign of winding down after the Australian supplier recently brought new claims in US federal court. While both companies currently enjoy significant momentum, the result of the lawsuit could have substantial implications. Aristocrat Accused Its Competitor […]
Business
August 20, 2025
Donaco Delists from ASX Due to On Nut Road Merger
Donaco International Limited (DNA) announced the completion of its delisting ahead of its acquisition by On Nut Road Limited. This follows the recent approval of the latter company’s takeover of the former. Donaco Ceases Trading Earlier this month, New South Wales’ Supreme Court greenlit On Nut Road Limited’s acquisition of Donaco International, an Asia Pacific […]
Business
August 20, 2025
SkyCity Requests Trading Halt Ahead of FY 2025 Report & Capital Raise
SkyCity Entertainment Group Limited, a major tourism, leisure and entertainment company in New Zealand and Australia, has requested a trading halt ahead of its next financial report. The company noted that the halt will allow it to wrap up the details of a potential capital raise. SkyCity Wants to Maintain an Orderly Market In its […]
Business
August 20, 2025
Novomatic Submits Improved Bid for Ainsworth
Not too long after major stakeholders of Ainsworth Game Technology (ATG) lambasted Novomatic’s takeover offer, saying that it undervalues the business, the latter company returned with another proposal. Novomatic Returns with an Unconditional Offer Novomatic, a European gaming powerhouse, has launched a new bid to acquire all of Ainsworth’s outstanding shares. The new proposal outlines […]
Business
August 19, 2025
PointsBet Weighs in on Betr’s Improved Disclosure
PointsBet has welcomed Betr Entertainment’s improved disclosure, although the former company’s leaders have remained unconvinced by its suitor’s acquisition proposal. In any case, this small victory is a ray of light for Betr, the latest proposals of which have been largely dismissed by PointsBet. Betr Continues Its Efforts to Acquire PointsBet Betr has long sought […]
Business
August 18, 2025
Bragg Gaming Reports Cybersecurity Incident
Bragg Gaming Group, a leading B2B provider of content and technology to the global iGaming industry, has announced a cybersecurity incident. Bragg added that there has been no indication that any personal information was affected. No Personal Information Has Been Leaked In its official announcement, the provider said that it became aware of the cybersecurity […]
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 […]
