Gambling News - 'Business'
Business
May 12, 2026
Waterhouse VC Secures Option to Buy Stake in Spinlab Studio
Waterhouse VC, an Australian investment fund specializing in global publicly listed and private businesses operating in wagering and gaming, has secured a three-year option to acquire a stake in Spinlab Studio, a no-code iGaming platform allowing clients to build, launch, and scale their own platforms. Waterhouse Could Acquire a Non-Controlling Stake in the Company Waterhouse […]
Business
May 12, 2026
ReferOn Changes Hands as Alex Bukin Completes Management Buyout
ReferOn, an iGaming-oriented affiliate management platform, confirmed its acquisition by Alex Bukin. Bukin, who previously served as the business’s general manager, will now be named CEO and will spearhead ReferOn’s next phase of growth. Bukin to Head ReferOn as CEO In its official announcement, ReferOn confirmed that former general manager Alex Bukin has completed a […]
Business
May 12, 2026
Super Group Posts Record-Breaking Q1 Results, Reaffirms 2026 Guidance
Super Group, the company behind Betway and Spin, has published its financials for the three months ended March 31. In its report, the company revealed double-digit growth in revenue and EBITDA, highlighting a strong period for its business. The Company’s Metrics Improved Across the Board Super Group’s unaudited consolidated results for Q1 2026 outlined revenue […]
Business
May 11, 2026
The Cosmopolitan Strikes New Labor Deal with Its Workers
The Cosmopolitan of Las Vegas, an on-Strip Sin City casino, has struck a new deal with its unionized workers. The arrangement was confirmed by the union, which celebrated the achievement. IUOE Local 501 Ratifies New Labor Deal A few days ago, the International Union of Operating Engineers (IUOE) Local 501 announced that more than 100 […]
Business
May 8, 2026
DraftKings Reports Growth in First Quarter of 2026
DraftKings Inc. just revealed its financial results for the first quarter of 2026, reporting a revenue of $1,646 million, which is a 17% increase compared to the $1,409 million during the same period last year. Here Are Some Important Numbers Interestingly, these results come as monthly unique payers (“MUPs”) declined 4% year over year to 4.2 […]
Business
May 8, 2026
Wynn Plans New Macau Hotel Due to High Wynn Palace Occupancy
Wynn Resorts unveiled plans for a new hotel in Macau, citing the high occupancy rates of its existing Cotai property. The new building will feature 432 rooms and is expected to be completed in early 2029. The New Tower Will Add 432 Rooms The new project was announced alongside the company’s Q1 results. The new […]
Business
May 8, 2026
Genius Sports Q1: Company Enhances Revenue Projections Due to Legend Acquisition
Genius Sports has published its Q1 report, highlighting double-digit growth across both of its divisions. Despite revenue and EBITDA improvements, however, the company’s net loss broadened due to its recent acquisition of Legend. Genius Sports Recorded Double-Digit Revenue & EBITDA Growth Genius Sports reported that in the three-month period ended March 31, 2026, its group […]
Industry
May 7, 2026
Maryland’s Casinos Generate More Revenue Тhis April Compared to Last Year
Maryland’s six casinos brought in a combined $172.2 million in slot machine and table game revenue in April 2026. This represents a 5.9% increase over April 2025, and also marks the best-performing month of the fiscal year so far. Casinos See a Rise in Revenue Despite April’s strong results, however, total casino revenue for the […]
Business
May 7, 2026
LCKY Group to Acquire RoyalCasino for an Undisclosed Sum
LCKY Group (formerly Glitnor) has set out to acquire RoyalCasino, a leading online casino brand in Denmark. The former company projected that the arrangement could drive an EBITDA increase of up to 31%. The Deal Will Expand LCKY’s Presence in Denmark In its announcement, LCKY Group confirmed that it has entered into an agreement for […]
Business
May 7, 2026
FanDuel Parts Ways with CEO Amy Howe, Christian Genetski Named as Her Successor
Flutter Entertainment, a leading online betting and iGaming company, announced that Amy Howe has stepped down from her role as the chief executive officer of FanDuel. In an official statement, Flutter CEO Peter Jackson said that it was the right moment for new leadership. Genetski Steps in as CEO as Howe Steps Down On May […]