Industry
May 19, 2026
Macquarie Bullish on US iGaming as the Sector’s Revenues Soar
Financial services firm Macquarie has expressed strong confidence in the US iGaming sector, citing its strong performance amid a mixed period for sports betting. The iGaming Industry Is in a Good Spot Macquarie said that US online casino gaming is on the rise, despite its limited reach compared to sports betting. Whereas over half of […]
Business
May 19, 2026
Sporttrade to Exit the US Online Betting Market
Sporttrade announced that it is putting an end to its online sports betting operations in the US and confirmed June 26 as the closure date for its US-facing platform. This decision seems to mark a U-turn from Spottrade’s previous attempt to secure CFTC approval to offer prediction market products. Sporttrade to Exit the US OSB […]
Business
May 18, 2026
A Fertitta-Caesars Deal Could Trigger Broader Consolidation Efforts Across the US
The idea of Tilman Fertitta acquiring Caesars Entertainment has reignited discussions about broader market shifts. If the deal goes forward, it could reshape the US casino scene, affecting more than just the two companies. If Fertitta’s Golden Nugget properties and restaurant empire were combined with Caesars’ impressive portfolio, the result would be a gaming and […]
Business
May 14, 2026
Bragg Gaming to Acquire Drayton International
Bragg Gaming Group, a leading iGaming content and platform tech provider, announced that it has signed a deal to acquire Drayton International, a diversified gaming technology and content platform. Additionally, Bragg said that Tekkorp Capital’s founder & chair, Matt Davey, has been named as non-executive chair of the Bragg board. A Bold Step Forward Bragg […]
Business
May 14, 2026
Super Group Promotes from Within, Names Kristy Ross COO
Super Group has enhanced its C-suite with the appointment of a new chief operating officer. The one stepping up to the task is Kristy Ross, the company’s chief of staff, who will now take on the COO mantle. The Group Names Kristy Ross as Its New COO Ross announced the happy news on LinkedIn, confirming […]
Business
May 14, 2026
Macquarie Analyst Chad Beynon Says DraftKings Will Continue Growing Fast
In a May 8 investor note, Macquarie analyst Chad Beynon explained that DraftKings has seen one of the most compelling structural growth stories in the gambling industry in recent times. Macquarie Analyst Has Faith In DraftKings’ Business Model Beynon highlighted DraftKings’ leadership in both online sports betting and iGaming, emphasizing the company’s expanding range of offerings, […]
Business
May 13, 2026
Allwyn Doubles Down on Expansion Plans Despite Investor Apprehension
At Allwyn’s recent Ordinary and Extraordinary General Meetings, the company approved all proposed resolutions, such as board reappointments and the relocation of its registered office to Switzerland. However, some lingering concerns remain, particularly concerning the company’s share price. Following the merger with OPAP, the stock dropped from above EUR 20 ($23.42) to just over EUR […]
Business
May 13, 2026
Flutter Executives Remain Confident in Growth Despite LSE Exit Rumors
Flutter Entertainment’s leading executives have sent a clear message, backing the business with their own money despite rumors of a London Stock Exchange (LSE) exit. In recent weeks, senior figures at Flutter Entertainment, including CEO Jeremy Peter Jackson, have been buying shares following a steep drop in the company’s stock price. The purchases likely aim […]
Business
May 13, 2026
Scientific Games on the Lookout for New CFO After Nick Negro Departs
Scientific Games, an international provider of lottery games, technology, analytics and services to government-sponsored lotteries, announced that it is to part ways with Nick Negro, its chief financial officer. Negro is set to exit the company in a few days, and will be replaced by Ray Anderson on an interim basis. The Outgoing CFO Wanted […]
Business
May 13, 2026
Brightstar Reports Stable Q1 Results Due to Tailwinds
Brightstar Lottery has published its financial results for Q1 2026, reporting stable revenue. The company also published its FY 2026 forecasts, saying that it expects an increase in adjusted EBITDA. The Company Started 2026 on a Strong Note Brightstar Lottery’s Q1 report outlined revenue of $587 million for the three-month period ended March 31. This […]
