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Industry
June 19, 2025
MGM China Sets the Pace in Macau’s Rebound
MGM China is rapidly emerging as one of the frontrunners in Macau’s evolving gaming landscape, outpacing rivals in profitability and market share, according to a recent report by Morningstar. While gross gaming revenue in the region remains below pre-COVID levels, MGM China’s aggressive expansion and operational improvements have put the company at the forefront of […]
Business
June 19, 2025
Rivalry to Complete Delayed Annual Filings by the End of June
TSX Venture Exchange-listed next-gen betting operator Rivalry has released an update on the Management Cease Trade Order it was hit with earlier this year. The company, which had failed to submit its 2024 financial statements in time, had trading of its securities restricted and is now looking to catch up on submitting the necessary documents. […]
Business
June 18, 2025
PENN Shareholders Demand Course Correction amid Leadership Shakeup
Leading US gaming operator PENN Entertainment has experienced a milestone shift in corporate governance following a dramatic shareholder mobilization that has outlined growing concerns. In the recent election at the company’s 2025 Annual Meeting of Shareholders, the two director nominees, Johnny Hartnett and Carlos Ruisanchez, backed by the activist investor HG Vora Capital Management, secured […]
Business
June 18, 2025
Cirsa Plans to Generate $430M After Listing on Four Spanish Exchanges
Gaming company Cirsa announced Wednesday its intention to float on the Spanish stock exchanges, with plans to raise €400 million ($430 million) through an initial public offering of newly issued shares. Cirsa Announces IPO Plans to Raise $430M The Spanish gaming operator officially announced its plans for an initial public offering, aiming to raise the […]
Business
June 18, 2025
Lottery.com Onboards Film Expert as President of Sports.com Studios
Lottery.com, a leading tech giant at the intersection of gaming, sports and entertainment, announced the appointment of a media veteran as president of its Sports.com Studios division. The one up to the task is Tamer Hassan, who boasts decades in the film and TV sectors. Hassan Has a Unique Blend of Experience According to Lottery.com’s […]
Casino
June 18, 2025
Leicester Square’s Horizons Casino Wraps up Renovation, Welcomes Guests
Horizons Casino, a poplar gambling property in London, has just reopened after wrapping up a major refurbishment of its gaming floor. Now boasting a new and luxurious look, the casino is ready to welcome guests once again and set new standards for gaming in the area. Visitors Can Look Forward to Elevated Experiences Located at […]
Business
June 17, 2025
Hacksaw Promises to Raise $378M Through the Sale of Over 50 Million Shares
Popular iGaming supplier Hacksaw AB announced in its initial public offering (IPO) prospectus that its shareholders plan to raise up to €351.1 million (approximately $378 million) by offering up to 50 million shares, each priced at SEK77 (about $7.55). Hacksaw AB Moves Closer to IPO with Prospectus Release According to Hacksaw group CEO Christoffer Källberg, […]
Business
June 17, 2025
IGT Rebrands as Brightstar to Highlight Its Visionary Approach
International Game Technology (IGT) unveiled a new brand identity which it is set to adopt as the sale of its Gaming and Digital business (IGT Gaming) looms. The rebrand will see IGT trade as Brightstar – a company committed to becoming a “ premier pure play lottery business designed to elevate lotteries and inspire players.” The […]
Business
June 16, 2025
PointsBet Rejects Betr’s Takeover Proposal as MIXI Offers Superior Value
Gaming operator PointsBet has finally chosen between its suitors, opting to proceed with MIXI’s takeover proposal. The former company’s board argued that MIXI offered a superior proposal despite competitor Betr’s projected synergies. MIXI and Betr Clashed over PointsBet PointsBet has been in the crosshairs of potential buyers for a while, with BlueBet seeking to acquire […]
Business
June 16, 2025
BetMGM Updates Full-Year Guidance Due to Strong Performance
Global sports betting and gaming giant Entain has published an update to the full-year guidance of the BetMGM brand due to its continued strength. The company promised to provide more details upon the release of its upcoming H1 update. Entain Updated the Guidance Entain, which co-owns BetMGM together with MGM Resorts International, reported that the […]
