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Business
April 30, 2025
Bragg Gaming Group Appoints Holly Gagnon as Board Chair
Bragg Gaming Group, a leading global B2B iGaming content and technology provider has unveiled a new appointment to its board of directors. Per the announcement, Bragg has added the experienced Holly Gagnon as the new chair of its board of directors. Gagnon Steps in as Mazij Resigns as Chair Gagnon was described as a seasoned […]
Business
April 30, 2025
Shareholder Tensions Rise After Novomatic’s Ainsworth Takeover Bid
Austrian gaming powerhouse Novomatic’s push for full ownership of Ainsworth Game Technology is running into increasing resistance from some minority shareholders despite support from Ainsworth’s Independent Board Committee (IBC). This resistance could potentially complicate what Novomatic had hoped would be a straightforward process in its bid to fully acquire the ASX-listed slot machine manufacturer. Some […]
Business
April 30, 2025
Kambi Confident in Long-Term Success Despite Mixed Q1
Kambi has published its financial report for the first quarter of the year. The company noted that its results for the three-month period have been in line with expectations and that the company is positioned for further growth. Kambi’s Q1 Performance Slowed Down Kambi’s revenue for Q1 reached EUR 41.5 million, marking a decrease of […]
Business
April 30, 2025
Evolution Stock Plummets Following Suboptimal Q1 Report
Evolution Gaming’s stock has experienced a sharp decline following the company’s recent Q1 report. The company’s stock, which was worth approximately SEK 835.60 ($86.69) apiece, has plummeted to SEK 674.20 ($69.95) as of the time of this writing. The Q1 Results Did Not Meet Expectations Evolution Gaming saw its shares plummet following the publication of […]
Business
April 29, 2025
Betr Puts Forward Proposal to Acquire PointsBet
Sports betting company Betr Entertainment has unveiled a revised takeover proposal for competitor PointsBet. The former company, which just became PointsBet’s largest shareholder, is now seeking to complete its buyout. Betr Challenges MIXI’s Proposal Earlier this week, Betr acquired a 19.9% stake in PointsBet, immediately positioning itself as one of the latter company’s biggest shareholders. […]
Business
April 29, 2025
Betsson Records Double-Digit Q1 Growth Thanks to LatAm Revenue
Betsson posted an 18.3% year-on-year rise in group revenue for Q1, driven by a record-high level of customer deposits during the quarter. Betsson Records Sizable Growth in Q1 of 2025 For the first quarter of the year, revenue reached $334.7 million, significantly up from $282.8 million in the same period last year, though 4.3% lower […]
Business
April 28, 2025
BetMGM Turns EBITDA-Positive as Q1 Report Shows Strength
Sports betting and online gaming giant BetMGM has reported its financials for the first quarter of the year, highlighting spectacular performance across both verticals. Most importantly, the brand posted EBITDA-positive results for the first time ever, heralding a new era for the business. The growth of the company, which is jointly owned by Entain and […]
Industry
April 28, 2025
1st Black Labor Secretary and MGM Board Member Alexis Herman Passes Away
MGM Resorts International is mourning the loss of Alexis Herman, a longtime board member and former US Secretary of Labor, who passed away earlier this week at 77. Herman, a pioneer in government service and the private sector forged an impressive legacy across decades of leadership. Her community-facing initiatives helped improve millions of lives while […]
Business
April 28, 2025
NOVOMATIC to Acquire the Remaining Ainsworth Shares for $1 Apiece
NOVOMATIC, Europe’s largest gaming technology group, announced that it has signed a deal with Ainsworth Game Technology to cement its ownership in the latter company. NOVOMATIC to Acquire the Rest of Ainsworth According to NOVOMATIC’s official announcement, it has entered into a scheme implementation deed with Ainsworth, agreeing to acquire its remaining shares for a […]
Casino
April 25, 2025
Gary Green Gaming Buys Lithium Boomtown Casino in Nevada
Popular singer and entrepreneur Gary Green has acquired the Say When casino in McDermitt, Nevada, betting that it would be the next boomtown thanks to its nearby lithium mine. Gary Green Gaming Buys Historic Casino Say When, a historic casino, is located next to Thacker Pass and the lithium mine in Humboldt County, believed to […]
