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Industry
April 16, 2025
Macau Chief: Budget Deficit Awaits if Gaming Underperforms
Macau’s leader highlighted budget concerns shortly after the special administrative region reported a slowdown in its gaming revenue growth. This highlights the region’s strong dependence on gaming despite its recent efforts to diversify its revenue streams. Macau’s Chief Warns of Possible Financial Trouble Macau, which is a special administrative region of China and the only […]
Business
April 15, 2025
Star Entertainment Publishes H1 FY25 Report as Challenges Continue
The Star Entertainment Group has published its financial report for the first half of the fiscal year (H1 FY25), highlighting its continued financial trouble. The company, which recently agreed to give control to Bally’s, hopes to turn the tables soon. The Company’s Revenue Declined In the first half of the year, The Star reported AUD […]
Business
April 15, 2025
Midnite Secures Millions of Dollars in Latest Funding Round
UK sportsbook and casino disruptor Midnite announced that it has raised a staggering $10 million in funding, bringing its total capital to over $35 million. Following the funding round, a member of one of its major investors was appointed as director. The Series B Funding Round Was a Success According to the announcement, Midnite’s Series […]
Business
April 15, 2025
Ebaka Games Launches, Promising to Shake Up iGaming
Led by iGaming entrepreneur Dmitry Belianin and created by a collection of some of the biggest names in the gambling industry, Ebaka Games promises to shake up the online casino experience. What Is Ebaka Games? The studio is one of the most highly anticipated new entrants in the industry, and its motto is that it […]
Industry
April 14, 2025
BetMGM Voids Four Winning Bets to a Chicago Player’s Dismay
A BetMGM user has accused the sportsbook of not honoring winning bets. While the company acknowledged that it had indeed terminated the bets in question, it insisted that this was necessary due to errors in the wagers. A Chicago Man’s Bets Were Voided CBS News, which broke the news, said that Chicago resident Mark Aiello […]
Business
April 14, 2025
Already Media Acquires Live Casino Comparer in “Fastest M&A Deal in iGaming History”
Tech-driven gaming affiliate and media firm Already Media has acquired Live Casino Comparer, a review portal focused on live dealer gaming. The acquisition will reinforce the former company’s affiliate capacities, allowing it to reach new heights. Already Media Continues Its M&A Efforts According to the announcement, Already Media acquired Live Casino Comparer to expand its […]
Business
April 11, 2025
Rank Group Posts Strong Q3 Report, Optimistic about FY 2024/25
Rank Group has published its financial results for the third quarter of the fiscal year, highlighting an increase in net gaming revenue. All of the group’s divisions experienced growth, cementing Q3 (the three-month period ended March 31, 2025) as a strong time for the company. The Company’s Metrics Increased Across the Board In the third […]
Business
April 11, 2025
Publishers Clearing House Goes Bankrupt, Starts Digital Shift
Publishers Clearing House (PCH), the well-known sweepstakes company famous for its TV prize giveaways and big checks, has filed for Chapter 11 bankruptcy to change its business strategy. The Jericho, New York-based firm plans to move away from its old reliance on direct mail and catalog marketing to focus on digital ads and entertainment instead. […]
Industry
April 10, 2025
Portnoy Banked on Trump for a Stock Market Win
David Portnoy, the founder of Barstool Sports, is relieved that President Trump delivered the financial “victory” that the sports betting businessman was hoping for. Portnoy Says Trump Is Playing a “Hight-Stakes Game” David Portnoy has been an avid supporter of President Donald Trump, whose recent introduction of new tariffs has sent shockwaves across businesses in […]
Business
April 10, 2025
Regulators Greenlight Flutter’s Takeover of Snaitech
Flutter Entertainment, a company describing itself as the world’s leading online sports betting and iGaming operator, announced that its acquisition of Snaitech (Snai), one of Italy’s leading omni-channel operators, has secured the necessary regulatory approvals to proceed. The Takeover Can Move Forward Flutter elaborated that its takeover of Snai has received all necessary antitrust, gaming […]
