Business
November 20, 2025
The Star Entertainment to Lay off 40 Senior Members, Reports Say
The Star Entertainment Group is reportedly preparing to cut dozens of senior roles ahead of Bally’s takeover. The alleged changes are coming shortly after the Australian operator added a new non-executive director to its team. AFR Reports Leadership Changes Across The Star According to a report by the Australian Financial Review, people familiar with the […]
Business
November 20, 2025
GiG Software Posts Robust Q3 Financials, Underpinned by Strong Business Growth
Leading iGaming technology provider GiG Software has published its financial report for the third quarter of the year, highlighting strong metrics across the board. At the same time, the company delivered three new launches, expanding its global presence. An Encouragingly Strong Quarter for GiG In the three months ended September 30, GiG Software reported revenue […]
Business
November 19, 2025
Gaming Compliance International Buys Yield Sec
Gaming Compliance International (GCI), which launched earlier this summer, has purchased Yield Sec for an undisclosed figure and will fold the company’s technology, workflows, and staff into its broader compliance operations. GCI Buys Yield Sec GCI stated that Yield Sec will become a central component of its service portfolio, reinforcing the company’s broader goal of […]
Business
November 19, 2025
Sky Bet’s Relocation to Malta Sparks Scrutiny
Flutter-owned UK operator Sky Bet has relocated its HQ to Malta, potentially saving it millions of pounds in taxes. The relocation was announced earlier this year alongside plans for layoffs. Sky Bet Relocates HQ to Malta The relocation of Sky Bet’s HQ to Malta was announced to employees in June, when the company warned […]
Business
November 18, 2025
Steve Wynn Shaves Another $10M off Beverly Hills Estate Asking Price
Steve Wynn has once again slashed the price of his gigantic Beverly Hills estate, marking the latest adjustment in his long-running efforts to find a buyer for one of the city’s most high-profile luxury listings. The 80-year-old casino mogul is asking $65 million for the property in Benedict Canyon, which is $10 million less than […]
Business
November 17, 2025
PlayUp’s Future Hangs in the Balance as Acquisition by CrossBet Seems Increasingly Likely
PlayUp’s ongoing search for a way to escape its long-running regulatory and financial challenges is nearing a decisive moment. According to a recent Next.io report, shareholders are set for a December 10 vote for the sale of the company’s Australian gaming assets for AUD 18.6 million (12.11 million) to CrossBet. This proposal, shared with investors […]
Business
November 17, 2025
Codere Online’s Q3 Revenue Held Back by Headwinds in Mexico
Codere Online, a leading Spain and LATAM-facing gaming operator, has published its unaudited financial results for the third quarter of the year. The company, which reported significant growth earlier this year, reported stable results amid a significant decrease in net loss. Codere Online Experienced Setbacks in Mexico Codere Online’s Q3 results revealed net gaming revenue […]
Casino
November 17, 2025
Wind Creek Casino Revenue Boosts Over 40 Towns’ Income
Wind Creek Chicago Southland opened last year, and now, a total of 43 towns across the south and southwest suburbs of the city have each collected $118,154 in casino revenue, while two others have received significantly more. Wind Creek Pays Many Towns and Suburbs Around Chicago Many of the municipalities are underfunded and rely on […]
Business
November 14, 2025
Everbay Capital Cites Concerns Over Golden Entertainment CEO Buyout
New York–based investment firm Everbay Capital has sent a letter to Golden Entertainment’s board raising serious concerns about last week’s announcement that the company’s CEO, Blake Sartini, plans to purchase the business. Everbay Capital argues that the proposed price of $2.75 per share for the remaining company, following the real estate divestiture, significantly undervalues its […]
Business
November 14, 2025
AQR Weighs a Move into Sports Betting as Prediction Markets Continue to Expand
AQR Capital Management, one of the leading global quantitative hedge funds, is carefully evaluating whether sports betting could be its next frontier. Co-founder and CIO Cliff Asness discussed this possibility during a special 10th anniversary episode of the Odd Lots podcast, noting that the firm is examining what such a move would entail. Prediction Markets […]
