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Business
April 8, 2025
Aristocrat Leisure Solidifies Leadership Position amid Sector Volatility
Despite a challenging consumer landscape and recent share price uncertainty, Aristocrat Leisure has cemented its role as a powerhouse in the global gaming market. Analysts point to continued dominance in gaming machine rentals and a robust pipeline of high-quality content, noting that the company remains perfectly positioned to capitalize on shifting industry trends. Aristocrat Remains […]
Business
April 8, 2025
The Star Enters Binding Term Sheet with Bally’s, Completes Sydney Asset Sale
The Star Entertainment Group, Australia’s embattled casino operator, announced that it has struck a definitive debt financing deal with Bally’s Corporation. In addition to that, the former company confirmed the completion of its sale of The Star Sydney Event Centre. The Deal with Bally’s Progresses In line with its recent announcement, The Star entered into […]
Business
April 8, 2025
EveryMatrix Onboards Marc Burroughes as CasinoEngine CCO
EveryMatrix has announced yet another C-suite appointment, this time naming the experienced Marc Burroughes as the chief commercial officer (CCO) of its Casino division. The group’s CEO welcomed the appointee and highlighted his impressive track record across the B2B sector. The Appointee Will Lead the CasinoEngine Division As CEO of the casino division, driven by […]
Casino
April 8, 2025
The STRAT Las Vegas Adds More Player-Friendly Games
The STRAT Hotel, Casino & Tower, an iconic gaming venue in Las Vegas, has decided to expand its lineup of player-friendly games in an attempt to channel more gamblers toward the property. Visitors can look forward to better payouts across a variety of gaming tables. The STRAT Goes Player-Friendly As reported by the Las Vegas […]
Business
April 7, 2025
Rivalry Seeks Strategic Opportunities, Initiates Review
Rivalry, a gaming company describing itself as “the leading sportsbook and iGaming operator for digital-first players,” has unveiled a new strategic initiative. According to the company, it has onboarded the services of a third-party advisory firm to explore strategic opportunities. In addition to that, Rivalry announced that it has secured a new loan. Rivalry Considers […]
Business
April 7, 2025
Gambling Stocks Slide as Trump Tariffs Rattle Global Markets
International gambling stocks took a tumble on Monday morning as escalating anxiety over the Trump administration’s aggressive tariff policy sent the markets into a tailspin. The economic uncertainty triggered by a new wave of trade measures ripped into multiple industries, with the gaming sector emerging as one of the unintended casualties. Tariffs Exacerbated Existing Issues […]
Business
April 2, 2025
Sportradar Bullish on Annual Revenue of $1.8B for 2027
Sports data and tech firm Sportradar has disclosed its long-term financial targets, saying that it hopes to generate at least $1.84 billion in revenue for 2027. The company also targets continued EBITDA growth, hoping to retain its existing momentum. Sportradar Targets Significant Growth for the Next Three Years On April 1’s investor day, company executives […]
Business
April 2, 2025
Star Entertainment’s Search for Liquidity Continues as Salter Brothers Deal Falls Through
The Star Entertainment Group’s financial woes continue as its negotiations with Salter Brothers Capital fall through. The latter company had expressed interest in financing the Australian operator’s debt but has seemingly withdrawn the deal. The Deal Fell Through Just when things were beginning to look better for Australia’s embattled Star Entertainment Group, the company announced […]
Industry
April 1, 2025
Macau Retains Optimistic Outlook Amidst Diversification Efforts
Macau’s economy remains in a state of cautious growth as it closely balances the recovery of its gaming industry with broader restructuring efforts. Despite slightly underwhelming metrics, industry experts have drawn attention to several factors that could accelerate growth and improve Macau’s attractiveness as a tourist destination for visitors from China and abroad. Q1 Financials […]
Business
April 1, 2025
Veikkaus Adds Two New Directors, Reaffirms Olkkonen as Chair
Veikkaus Oy, Finland’s gambling monopoly, announced changes to its board of directors. In addition to reaffirming Kaisa Olkkonen as chair of the board, the company announced the addition of industry veterans Martti Ala-Härkönen and Charles Cohen to the team. The Board Will Be Comprised of Seven Directors Veikkaus, which remains Finland’s only legal gambling operator, […]
