Business
July 21, 2025
Allwyn Acquires Stoiximan, Divests Assets in Australia and Germany
Lottery and casino powerhouse Allwyn has completed its acquisition of Stoiximan by acquiring the remaining shares in the company. At approximately the same time, the company divested casino assets in Australia and Germany, furthering its online focus. The Company Set Out to Acquire the Remainder of Stoiximan According to Allwyn’s official announcement, Stoiximan, which is […]
Business
July 18, 2025
MIXI Submits All-Cash Offer as the Duel for PointsBet Continues
MIXI Australia has formally submitted its latest takeover offer for PointsBet, once again challenging rival Betr. This comes shortly after the latter company updated its own offer for PointsBet. MIXI Submits an All-Cash Offer MIXI, which previously failed to secure sufficient shareholder backing for its acquisition of PointsBet, has now returned with a new offer. […]
Business
July 18, 2025
Betsson’s Shares Plummet in Spite of Favorable Q2 Report
Betsson Group has published its report for the second quarter of 2025, reporting a significant organic increase in revenue. Despite that, the company’s shares have taken a dip. Betsson’s Report Outlined Double-Digit Revenue Growth According to Betsson’s report, its group revenue stood at EUR 303.7 million ($353 million) for the period, up 12% year-on-year. This […]
Business
July 17, 2025
Posh Monkey Studios Secures Investment from Velo & Deal with Games Global
Posh Monkey Studios, an ambitious developer of iGaming products, has secured a strategic investment from Velo Partners. The extra funding will help the studio accelerate its growth on a global scale. At the same time, the studio inked a deal with Games Global. The Exact Sum Was Not Disclosed Although the announcement didn’t specify the […]
Sports
July 17, 2025
Stake Welcomes Patrice Evra as Its Latest Brand Ambassador
Stake.com has onboarded yet another extremely recognizable sports personality as a brand ambassador, expanding its portfolio of partnering athletes. This time, the online and crypto gaming powerhouse has teamed up with Patrice Evra, a French former soccer pro. Stake Onboards Another Famous Athlete Patrice Evra is a name that will be known to most fans […]
Industry
July 17, 2025
New Jersey Gaming Posts $581.6M in Revenue for June
The New Jersey Division of Gaming Enforcement has published its official report about the performance of the state’s gambling industry in June. As it turns out, the overall revenue reflected significant growth, underpinned by strong performance across all verticals. The Nine Casinos’ Revenues Increased Slightly The NJ DGE reported that the total casino win recorded […]
Business
July 16, 2025
Betr Rejoins the Fight for PointsBet with a New Proposal
Betr has once again submitted a proposal for the acquisition of PointsBet despite the latter company’s apparent contentment with the MIXI proposal. This time, Betr has put AUD 1.89 per PointsBet share on the table. Betr Resumes the Negotiations Betr has resumed the negotiations with a new all-share takeover proposal, offering AUD 1.89 per […]
Business
July 16, 2025
Las Vegas Sands Kicks off $8B Marina Bay Sands Expansion
Casino and hospitality giant Las Vegas Sands has kicked off the construction of its Marina Bay Sands expansion. The $8 billion endeavor will significantly improve the company’s Singapore portfolio. A Game Changer for Both LVS and Singapore The works kicked off on Tuesday and should wrap up by June 2030. LVS held the groundbreaking ceremony […]
Business
July 15, 2025
Rivalry’s Exceptional Q1 Highlights the Success of Its Restructuring
Leading sports betting and media company Rivalry has published its belated Q1 results, highlighting significant progress. The company’s restructured model has been a success, according to the leadership, which lauded the “full emergence of Rivalry 2.0.” Rivalry Opens a New Chapter Rivalry, which underwent a significant restructuring, announced that these efforts have helped it reduce […]
Business
July 8, 2025
Kambi Extends LeoVegas Sportsbook Deal, Pens Odds Feed+ Agreement
Kambi Group, a leading provider of game-changing sports betting solutions, has unveiled an extension of its partnership with LeoVegas Group. Under the agreement, the former company will continue to supply the latter with its cutting-edge technology. LeoVegas Extends Its Partnership with Kambi According to the announcement, the two parties’ turnkey sportsbook partnership was extended until […]
