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Business
May 21, 2025
SharpLink Gaming Sets $4.5M Public Offering amid Push into Crypto iGaming
SharpLink Gaming, Inc. (Nasdaq: SBET) has posted an official press release announcing the pricing of a new public offering to raise approximately $4.5 million in gross proceeds. The offering, structured on a “reasonable best efforts” basis, includes the sale of up to 1,530,612 shares of common stock, or their equivalents, at $2.94 per share. SharpLink […]
Business
May 20, 2025
GR8 Tech Names Technology Veteran Edward Smyshliaiev as CTO
GR8 Tech, a B2B provider of custom iGaming solutions, announced the appointment of a new chief technology officer. The one up to the task is Edward Smyshliaiev, a tech veteran who will enable the company to enter its next phase of growth. A Seasoned Tech Veteran Joins as CTO Smyshliaiev was described as a seasoned […]
Business
May 20, 2025
Sega Sammy to Close Its Acquisition of GAN on May 27
Sega Sammy published an update on its acquisition of GAN Limited, announcing that it is on track to satisfy the conditions necessary to proceed with the deal. Although Sega Sammy confirmed that the deal would affect its financial report for the year, it has yet to estimate the impact. Sega Sammy Hopes to Close the […]
Casino
May 19, 2025
Wynn Resorts Drops from the Downstate New York Casino License Race
Wynn Resorts has taken a step back, deciding to give up on its plans for a New York casino. The casino and hospitality giant will therefore drop from the race for one of the three downstate New York gaming licenses. Wynn’s Project Had Recently Secured a Major Approval A few weeks ago, Wynn Resorts secured […]
Business
May 19, 2025
Light & Wonder Closes Acquisition of Grover Gaming’s Charitable Gaming Assets
Light & Wonder announced that it has completed its acquisition of Grover Gaming’s charitable gaming assets. The transaction was announced earlier this year and was praised by the former company due to “strong cultural alignment” between the two parties. Light & Wonder Closes the Deal On May 19, Light & Wonder confirmed that it has […]
Business
May 19, 2025
Codere Online Reports Significant Growth in Q1 2025
Codere Online announces significant growth in the first quarter of 2025, posting a €54.3 million (about $61 million) revenue, up 8% compared to the same period of 2024. Codere Online Announces Its Q1 Revenue CEO of Codere Online, Aviv Sher, said that the company is off to a great start in 2025. He noted that […]
Business
May 16, 2025
Gambling.com Group Surpasses Q1 2025 Estimates with Record Earnings
Gambling.com Group Limited’s newest report for Q1 2025 earnings shows the company has surpassed the initial estimates and is highly optimistic about the rest of the year. Gambling.com Records Great Q1 Finances The fast-growing provider of marketing and sports data services has recorded earnings of $0.46 per share, which is twice what was initially projected. […]
Casino
May 16, 2025
CWC Signs Heads of Agreement to Redevelop The Bahamas’ Grand Lucayan Resort
Concord Wilshire Capital (CWC) has taken major steps to redevelop the Grand Lucayan Resort, a major casino hotel in The Bahamas. This move was hailed by the government which seeks to bolster the local tourism sector. CWC to Invest $827M in the Complex On Thursday, CWC signed a heads of agreement with The Bahamas’ government, […]
Business
May 16, 2025
Bragg Gaming’s Momentum Continues as Company Reports Strong Q1
Bragg Gaming Group, a leading supplier of content to the iGaming industry, has published its financial report for the first three months of 2025, highlighting “diversified revenue growth, significant margin expansion, and strong cash generation.” The company also updated its outlook for the year, saying that it anticipates double-digit growth in revenue and adjusted EBITDA. […]
Business
May 12, 2025
PointsBet Considers Betr’s Takeover Proposal, Eyes Due Diligence
Australian sports betting giant PointsBet has published a new update regarding Betr Entertainment’s recent acquisition proposal. Betr Seeks to Acquire PointsBet Last month, Betr Entertainment revealed a revised proposal to acquire PointsBet, confirming that it is looking to complete its buyout of the latter company. This came shortly after the former company acquired a 19.9% […]
