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Business
September 2, 2025
Analysts Flag Structural Challenges for Tabcorp Despite Earnings Lift
Australian gambling giant Tabcorp is expected to post improved financial results in Q2 2025. However, analysts warn that deeper structural issues continue to loom over the company’s future. Recent regulatory issues and policy changes in key regions could further undermine the operator’s position if it fails to adapt. On-Course Shops Will Be the First to […]
Business
September 2, 2025
Glitnor Group Secures EUR 55M Facility from HG Vora Capital
Glitnor Group has secured a significant financial investment following a contribution of EUR 55 million ($64.2 million) from the US-based HG Vora Capital Management. This capital injection will support the operator’s expansion via mergers and acquisitions while bolstering strategic growth initiatives in regulated markets across Europe and North America. The deal should also help Glitnor […]
Business
September 2, 2025
Pine Sports and SharpSports Merge to Reach Greater Heights
Pine Sports has merged with SharpSports in a deal that will leverage the two companies’ unique qualities to help them reach greater heights. The Deal Will Speed Up SharpSports’ Production Pipeline The deal was first announced on the 179th episode of Betting Startups, a podcast dedicated to emerging companies within the North American gaming sector. […]
Legal
August 29, 2025
A23 Challenges India’s Controversial Gaming Ban
A week ago, India passed a fresh bill that outlines a full ban on online money-based games, effectively ending the local skill games industry overnight. This controversial decision met fierce opposition from the industry, which has finally struck back. India Ended Gaming with a Sweeping Bill While India has had a strict prohibition of online […]
Industry
August 28, 2025
Inspired Entertainment to Sell Holiday Parks Business to GENDA
Inspired Entertainment, a leading B2B provider of content, technology, hardware, and services to the gaming industry, has unveiled the planned sale of its holiday parks business and certain associated leisure assets. Inspired Offloads Its Holiday Parks Business In its official press release, Inspired Entertainment said that it has entered into a definitive agreement with entertainment […]
Business
August 28, 2025
KKCG Offloads 4.27% Allwyn Stake
Czech investment company KKCG announced that it has sold a 4.27% stake in its subsidiary, the leading lottery operator Allwyn International. The buyer of the stake was J&T ARCH Investments, a Prague Stock Exchange-listed investor fund. J&T ARCH Joins Allwyn’s Investor Lineup According to the announcement, the Czech investment firm KKCG has sold the 4.27% […]
Industry
August 27, 2025
The Star Fails to Negotiate Covenant Waivers with Lenders
The Star Entertainment Group’s financial troubles continued, as the company found itself unable to secure lender waivers that would have allowed it to breach the terms of its debt agreements without risking penalties. The Terms Are Unacceptable to The Star In an official Australian Securities Exchange (ASX) release, the company responded to a recent publication […]
Industry
August 25, 2025
Team King Buys Saipan’s Imperial Pacific for $13M
Saipan’s failed casino resort has found a new owner several months after the initial bid for the property. The Resort Has Been Defunct for Years The Imperial Pacific resort in Saipan was formerly owned by Imperial Pacific International (IPI). The company’s $2 billion plans envisioned a lavish casino that would have nurtured the local tourism […]
Business
August 25, 2025
Dream11 Ends Paid Contests, Cancels National Cricket Team Sponsorship
Indian online fantasy sports giant Dream11 has reportedly put an end to a multi-million-dollar sponsorship agreement with India’s national cricket team. This decision comes shortly after the country passed a landmark bill that prohibits real-money online gaming. Dream11 Pivots to a Free-to-Play Model On August 22, Dream11 announced a major change to its business model […]
Business
August 22, 2025
Hann Holdings Defers $236M IPO as Casino Markets Change
Hann Holdings Inc. has chosen to postpone its PHP 13 billion ($236 million) initial public offering (IPO). Prior to this decision, the company remained undeterred by the struggles facing the country’s brick-and-mortar casinos. Hann Holdings Inc. Takes a Step Back Hann stated that the decision was prompted by current market conditions and sentiment, which the […]
