Business
September 5, 2025
Allwyn Posts Unaudited Q2 Report, Highlights Strong Results
International lottery giant Allwyn International has published its preliminary unaudited financial report for the second quarter of 2025 (the three-month period ended June 30, 2025). The report outlined favorable increases across the board, with the exception of the company’s operating EBITDA, which suffered a hit. Another Quarter of Solid Financial Performance Allwyn’s unaudited Q2 report […]
Industry
September 5, 2025
Jefferies Improves Its Macau Casino Forecasts
Investment banking firm Jefferies has updated its Macau forecasts, increasing its gambling revenue projections for the region. Despite its previous reservations, the firm now seems much more optimistic about the local industry’s potential. Jefferies Is Optimistic About Macau Despite the Slower Start to 2025 Jefferies‘s previous forecast predicted that Macau’s casinos would reach MOP […]
Business
September 4, 2025
FanDuel Names RG Veteran Keith Whyte as Responsible Gaming Strategic Advisor
Leading online sportsbook FanDuel announced the addition of Keith Whyte as responsible gaming strategic advisor. His appointment to the role comes just in time for September, which marks Responsible Gaming Education Month in the US. The Appointee Boasts Decades of RG Experience As the responsible gaming strategic advisor of FanDuel, Whyte will assume responsibility for […]
Casino
September 4, 2025
Penn Entertainment to Open New Tower at M Resort in December
Penn Entertainment announced that a new second tower at M Resort in Henderson, Nevada, will open on December 1 following a $206 million expansion. The 384-room addition will nearly double the resort’s total capacity to 765 rooms, and guests can also look forward to a new restaurant from a celebrity chef. Penn Entertainment Announces Date […]
Business
September 4, 2025
Kambi Appoints Former Disney HR Boss Michelle Unsworth as Chief People Officer
Kambi has appointed Michelle Unsworth as its new chief people officer, overseeing all aspects of the company’s global people strategy, including talent acquisition, leadership development, and employee experience. Michelle Unsworth Announced as Kambi’s Chief People Officer Over the past 20 years, the London-based industry professional has accumulated rich experience leading people functions and driving transformation […]
Business
September 3, 2025
Jason Ader’s 26 Capital Collapses into Bankruptcy After Failed Okada Manila Deal
Wall Street investor Jason Ader, well-known for his high-profile ventures into the gaming sector, has placed 26 Capital Acquisition Corp, his special purpose acquisition company (SPAC), into Chapter 11 bankruptcy. The filing marks a dramatic fall from grace for a company that once aimed to bring one of Asia’s largest integrated resorts, Okada Manila, onto […]
Business
September 3, 2025
Holland Casino Swings Back to Profitability Despite Rising Tax Pressures
As the first half of 2025 draws to an end, Holland Casino posted a profit of EUR 14.2 million ($16.6 million), reversing the loss in the same period last year. While positive, these gains are the result of significant cost-cutting measures, strategic restructuring, and the sale of two properties, rather than stemming from an increase […]
Business
September 3, 2025
VIP Play Adds Gaming Industry Veteran Robert Rippee as Interim CMO
VIP Play, an up-and-coming mobile sports betting and interactive gaming company, has enhanced its team with the appointment of a new C-level member. According to the announcement, gambling industry veteran Robert Rippee will join VIP Play as interim chief marketing officer. Rippee Will Boost VIP Play’s Marketing Efforts VIP Play described Rippee as an incredibly […]
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 […]
