Gambling News - 'Business'
Casino
November 3, 2025
Snuneymuxw Buys Two Casinos, Becomes Canada’s Biggest Indigenous Operator
Petroglyph Development Group (PDG), a wholly owned corporation of the Snuneymuxw First Nation, and Great Canadian Entertainment announced that they have finalized a deal under which the former will acquire two casino businesses from the latter. With these purchases, PDG will become the largest Indigenous owned gaming operator by revenue in Canada. Petroglyph Development Group […]
Business
November 3, 2025
Sportradar Completes Its Acquisition of IMG ARENA
Sportradar announced that it has closed its acquisition of IMG ARENA, which marks a major milestone for both companies. This follows recent approval from the UK Competition and Markets Authority (CMA). The Deal Has Been Sealed Earlier this year, sports data specialist Sportradar set out to acquire IMG ARENA from Endeavor Group Holdings. The former […]
Industry
November 3, 2025
Virginia Publishes September Betting Report, Highlights Increase in Handle
The Virginia Lottery, which regulates gaming in the Old Dominion, has published its sports betting financial report for September. The official data shows that the total money wagered increased drastically, demonstrating the local gaming industry’s strength. Betting Handle Increased by 18.5% Year-on-Year In its official report, the Virginia Lottery said that Virginians bet a total […]
Business
October 31, 2025
RSI Posts Q3 Results, Reports 10th Consecutive Quarter of Growth
Online gaming and betting leader Rush Street Interactive (RSI) has published its financials for the three-month period ended September 30, 2025 (Q3), reporting record-breaking quarterly revenue. The company’s favorable performance caused it to increase its full-year guidance. RSI’s Revenues Continued to Soar In its report, RSI outlined revenue of $277.9 million, representing an increase of […]
Business
October 30, 2025
MGM Resorts Misses Q3 Estimates amid Las Vegas Weakness
MGM Resorts International did not meet Wall Street’s expectations for the third quarter of 2025, as poor performance on the Las Vegas Strip and one-time charges related to its Empire City exit impacted financial results. Shares of the casino and hospitality giant dropped by more than 5% in after-hours trading on Wednesday after the release […]
Business
October 30, 2025
Jumbo Interactive Sets Sail for America with $36M Dream Giveaway Acquisition
Australian iLottery expert Jumbo Interactive announced the completion of its AUD 55.4 million ($36.3 million) acquisition of US prize draw company Dream Giveaway. This will allow the former business to make a foray into the US, capitalizing on the growing demand for lottery products. Jumbo Penetrates the US Market The deal was closed on October […]
Business
October 29, 2025
Industry Veterans Launch Big Daddy Gaming, a Disruptive Game Studio
A trio of esteemed gaming industry veterans has joined forces to disrupt the slots sector with a new studio. Titled Big Daddy Gaming, the project seeks to breathe new life into the slots market. Gaming Experts Unveil Big Daddy Gaming As mentioned, Big Daddy Gaming was founded by a trio of gaming industry veterans. These […]
Business
October 29, 2025
Reports Say Polymarket Could Launch in the US by the End of November
Reports have teased that Polymarket’s official launch in the US could happen sooner than many have imagined. According to Bloomberg, the prediction markets platform could go live in America by the end of November, allowing it to potentially capitalize on the remainder of the football season and other upcoming events. Polymarket’s US Return Looms Bloomberg […]
Business
October 28, 2025
Evoke Posts Q3 Report, Remains on Track to Beating Market Expectations
Gambling leader evoke has published its financial results for the three-month period ended September 30, 2025 (Q3). The company highlighted slight increases across the board and expressed confidence in delivering adjusted EBITDA ahead of current market expectations. Evoke Reports Its Fifth Consecutive Quarter of Growth In its report, evoke highlighted revenue of GBP 435 million […]
Industry
October 28, 2025
Musk’s Boring Co. Is Buying More Properties Along the Las Vegas Loop
The Boring Co. is acquiring real estate along planned expansions of its underground Las Vegas Loop, a move that some analysts view as a potentially risky investment with uncertain returns. Why Is Musk’s Company Buying More Properties in Las Vegas? Since the project’s launch in 2021, subsidiaries of the Boring Co. have bought eight properties […]