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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 The latter company had expressed interest in financing the Australian operator’s debt but has seemingly withdrawn the deal.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, […]
Business
April 1, 2025
EveryMatrix Adds Industry Expert Sjöberg as CCO of SlotMatrix
EveryMatrix, a leading provider of iGaming products and solutions, has announced the appointment of a new chief commercial officer for its SlotMatrix content platform. The one up to the task is industry heavyweight Björn Sjöberg who joins the team from competitor Evolution Gaming. Sjöberg Will Be Responsible for EveryMatrix’s Content Division According to EveryMatrix’s announcement, […]
Business
March 31, 2025
Group Partouche to Sell Former Cannes Casino Site
French gaming powerhouse Groupe Partouche announced that it is divesting one of its properties in France. While the company didn’t go into details about the sale, it confirmed that it expects to close the agreement very soon. The Casino Was Relocated Last Year Groupe Partouche confirmed that it has decided to sell the building where […]
Business
March 31, 2025
The Jockey Club Names Jim Mullen as Its New Group CEO
The Jockey Club, the largest group in British horseracing, announced the appointment of industry heavyweight Jim Mullen as its new group chief executive officer. The current interim CEO will remain on board to ensure a smooth transition of responsibilities. According to the announcement, Mullen joins The Jockey Club from Reach, the largest commercial news publisher […]
Business
March 26, 2025
YourTopCasino Launches in the UK with an Emphasis on Responsible Gambling
YourTopCasino, a new UK-focused affiliate platform committed to supporting easier, safer, and more informed player decision-making in the online casino sector, has announced its official launch. With a team of experienced iGaming professionals at the helm, the casino and sportsbook comparison service seeks to encourage player agency while placing significant emphasis on safe and responsible […]
