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Business
June 23, 2025
Sportradar Positioned for Further Growth, Macquarie Report Finds
According to a new report from Macquarie Equity Research, the sports data and analytics company Sportradar is well-positioned for significant growth as more US states legalize online sports betting and in-play betting continues to increase in popularity. Macquarie Reveals Interesting Findings about Sportradar Macquarie contends that the $8 billion market-cap company remains undervalued by investors, […]
Business
June 23, 2025
Light & Wonder’s Executive Vice President James Sottile to Retire
James Sottile, Light & Wonder’s Executive Vice President, Chief Legal Officer, and Corporate Secretary, will retire by the end of 2025. Susan Dawson, current Senior Vice President and Deputy General Counsel, will take his place. James Sottile to Retire from Light & Wonder On June 16, 2025, Sottile notified the company of his decision to […]
Business
June 23, 2025
JPMorgan Bullish on Penn Entertainment’s Long-Term Trading Prospects
JPMorgan has shared an optimistic outlook for Penn Entertainment’s stock, expecting it to experience a significant recovery. The favorable forecast was largely due to Penn’s upcoming projects and market presence. JP Morgan Is Optimistic About the Company’s Trading Future JPMorgan’s coverage outlined a price target of $24.00 for Penn, expecting it to experience growth of […]
Business
June 23, 2025
PointsBet Reiterates Support for MIXI Deal Despite Betr’s Latest Proposal
PointsBet has reaffirmed its preference for MIXI Australia’s merger offer amid continued efforts from Betr Entertainment to acquire the operator. While Betr insisted that its proposal offered superior value and suggested that PointsBet had not considered its offer in good faith, the Australian sportsbook firmly rejected the allegations. Betr’s Duel with MIXI Continues For context, […]
Business
June 20, 2025
NetGaming Agrees to Supply Content to RSI in Ontario, Further Launches Loom
NetGaming, a leading supplier of solutions to the iGaming industry, announced that it has launched in Ontario with Rush Street Interactive (RSI). This launch expands the former company’s North American footprint and is the first of many launches planned with the operator. NetGaming Joins Forces with RSI in Ontario In its official announcement, NetGaming said […]
Industry
June 20, 2025
L&W Releases The Wizard of Oz – Follow the Yellow Brick Road Exclusively on BetMGM
Light & Wonder, a leading gambling content supplier, has expanded its partnership with gaming and betting giant BetMGM with the release of another exclusive game. The new title is called The Wizard of Oz – Follow the Yellow Brick Road and will only be available at BetMGM Casino. Join Dorothy and the Gang on Another […]
Business
June 19, 2025
Yolo Investments Completes Fund II, Reaching Its $115M Target
Yolo Investments, a venture capital, focused on seed- and A-stage investment opportunities across gaming and fintech has closed its flagship Fund II after reaching its target. The firm’s leadership was thrilled to have completed this milestone despite the challenging market conditions. Yolo Invested in 12 Companies, Plans to Invest in 10 More Yolo Investments announced […]
Business
June 19, 2025
Betr Alleges PointsBet Didn’t Act in Good Faith in Favoring MIXI’s Proposal
Betr Entertainment Limited has responded to PointsBet’s decision to pick MIXI as its preferred suitor, saying that it will vote against the MIXI proposal. In the meantime, Betr reiterated its claim that its own proposal is superior. Betr Suggests Pointsbet Did Not Act in Good Faith In an official ASX release, Betr regretted that PointsBet […]
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. […]
