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Gambling News - 'Business'
Industry
September 8, 2025
Tipico Completes ATLAS Group Acquisition from NOVOMATIC
Tipico Group, a leading sports betting and iGaming company in the German-speaking region, has confirmed the completion of its acquisition of ATLAS Group, the parent company of Austria’s ADMIRAL Group. The company said that this transaction aligns with its local strategy. Tipico Will Divest Some of Its Land-Based Shops According to Tipico’s official press release, […]
Industry
September 8, 2025
Casino and Hotel Mogul Tilman Fertitta Lists $192M Superyacht for Sale
Houston billionaire Tilman Fertitta, owner of the Landry’s restaurant and hospitality empire, the NBA’s Houston Rockets, as well as chairman and chief executive officer of Red Rock Resorts, is parting ways with his 250-foot (76.5-meter) superyacht named Boardwalk. He also announced plans for buying a much larger 384-foot (117-meter) vessel. Fertitta Is Selling His Yacht […]
Industry
September 8, 2025
MGM China Rolls out Labubu and Rolex Promotions to Defend Market Share
MGM China has launched a new promotional campaign allowing players to redeem points for mini Labubu toys as part of its strategy to maintain market share. Additionally, players who place side bets totaling HKD5,000 (around $640) or more have a chance to win a Rolex watch. MGM China Unveils New Promotions George Choi and Timoth […]
Business
September 8, 2025
MIXI Australia Achieves Majority Stake in PointsBet
MIXI Australia, the Australian arm of the Japanese tech giant MIXI, has acquired majority control of PointsBet Holdings, marking another win for the company, despite competitor Betr Entertainment’s efforts to acquire the sportsbook. A Major Step for MIXI On September 5, MIXI Australia reached 51.86% shareholding in PointsBet, which is equivalent to some 180.3 million […]
Industry
September 8, 2025
Tech Startups Seek to Revolutionize Betting with AI Agents
Since the repeal of the PASPA, more and more US jurisdictions have been launching their own betting markets, capitalizing on the fast-growing demand for wagering products. With more Americans than ever placing bets, many turn to novel solutions to optimize their chances of winning. While the most fervent of sports fans love the thrill of […]
Business
September 5, 2025
Vancouver’s Parq Casino Eyes Expansion with 300 New Slot Machines
Parq Casino Vancouver is seeking to significantly grow its gambling operations through a new proposal that would increase its number of slot machines by 50 per cent. The downtown casino has submitted an application to add 300 more machines, bringing the total from 600 to 900. Parq Casino Vancouver Says Expansion Is Needed to Meet […]
Industry
September 5, 2025
Sweden’s Gambling Market Shows Modest Growth amid Policy Debates
Sweden’s regulated gambling industry experienced a slight increase in second-quarter revenues, rising to SEK 7.02 billion ($750 million). According to recent data released by Spelinspektionen, the Swedish Gambling Authority, the figure represents an improvement of 1.9% compared to the same period last year and a more notable 5.9% increase from the previous quarter. However, some […]
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 […]