Gambling News - 'Business'
Industry
September 15, 2025
Rumors Say Polymarket Considers $9B Valuation While Kalshi Targets $5B
Polymarket and Kalshi, two leading platforms in the prediction market space, are reportedly pursuing new funding rounds at valuations of $9 billion and $5 billion, respectively, marking a huge growth compared to just relatively recently. Polymarket and Kalshi Eye Multi-Billion-Dollar Valuations According to The Information, Polymarket has received offers valuing the company as high as […]
Business
September 15, 2025
Bragg Gaming Secures New Financing Deal to Boost Growth
Bragg Gaming Group has reached a new milestone thanks to a recent financing agreement with the Bank of Montreal (BMO) that will bolster the company’s financial position. This development will grant the iGaming technology provider access to fresh credit of up to $6 million. The funding will be instrumental in Bragg’s continued growth and expansion […]
Business
September 15, 2025
EveryMatrix Pens the “Largest Casino Aggregation Deal” in Its History with Bet365
EveryMatrix, a leading supplier of gaming content and solutions, announced a major partnership deal with gambling giant bet365. The former company added that this would be the largest casino aggregation deal in its history. Bet365 Joins Forces with SlotMatrix In its official press release, EveryMatrix announced that it will supply bet365 with a mix of […]
Business
September 15, 2025
ATG Encourages Shareholders to OK Novomatic’s Takeover Bid
Gaming machine manufacturer Ainsworth Game Technology (ATG) has encouraged its shareholders to accept Novomatic’s latest takeover offer. In its latest Australian Securities Exchange release, the company defined the offer as “fair and reasonable.” Novomatic Returned with an Improved Bid Ainsworth Game Technology has issued a statement in response to Novomatic’s takeover offer through which the […]
Business
September 12, 2025
Webis Holdings Forms Strategic Partnership with XST Capital Group
Webis Holdings, a prominent operator in licensed international pool wagering, is pleased to announce it has entered a partnership with XST Capital Group (XST), a leading investment bank specializing in the digital gaming sector. Both companies will now focus on advancing strategic opportunities. Webis Holdings and XST Sign Partnership The partnership was initially announced on […]
Business
September 12, 2025
Flutter Names Stefan Bomhard Non-Executive Director
Flutter Entertainment has announced the appointment of Stefan Bomhard to its board of directors. The new hire will serve as a non-executive director (NED), bringing significant experience to the gambling company’s team. The Company Appoints a New NED According to Flutter Entertainment’s official announcement, Bomhard joins the company from Imperial Brands, where he serves as […]
Industry
September 12, 2025
BetMGM Launches The Price Is Right-Themed Title & Adds New Game to the Original Show
Gaming powerhouse BetMGM has unleashed a digital game based on The Price Is Right game show. Developed by NetGaming, the new title will allow fans to experience some of the show’s most iconic games for themselves. NetGaming’s New Game Captures the Essence of The Price Is Right NetGaming’s chief executive officer, Pallavi Deshmukh, announced the […]
Business
September 12, 2025
Aristocrat Unveils Leadership Appointments, Including New Interactive CEO
Aristocrat Leisure Limited, an Australian gambling machine manufacturer, has unveiled changes to the leadership of its Aristocrat Interactive division and Group Corporate Affairs & Marketing team. These include the appointment of a new Aristocrat Interactive CEO, as well as the designation of a new chief corporate affairs & marketing officer. Dylan Slaney Replaces Moti Malul […]
Industry
September 11, 2025
ASIC Probes Private Equity Firm for Allegedly Gambling with Investor Funds
Australia’s top financial authority is stepping up its investigation into a private equity group accused of siphoning tens of millions of dollars in investor funds into gambling. The Australian Securities & Investments Commission (ASIC) claims that First Mutual Private Equity raised approximately $53 million from investors between March 2024 and July 2025, presenting their operations […]
Industry
September 11, 2025
PointsBet Encourages Shareholders to Back MIXI’s Takeover Offer
PointsBet has once again encouraged its shareholders to accept MIXI Australia’s takeover proposal. In the meantime, the Australian sportsbook reiterated its skepticism about Betr’s rival offer, citing significant risks. PointsBet Prefers MIXI’s Proposal MIXI Australia, the Australian arm of the Japanese tech giant MIXI, has continued the fight for PointsBet, hoping to acquire the sports […]