Business
August 5, 2025
Betr’s PointsBet Takeover Secures Shareholder Backing, Regulatory Approvals
Betr Entertainment is not ready to give up on its ambition to acquire PointsBet, despite the latter company’s apparent preference for MIXI’s takeover proposal. The two suitors have been locking horns over the Australian company for several months, with both raising the stakes several times. Canada Greenlights Betr’s Takeover Betr Entertainment’s latest proposal confirmed that […]
Lottery
August 5, 2025
Maryland Rejects Intralot’s Lottery Bid, Company Eyes Legal Remedies
Lottery solutions specialist Intralot has informed its investors about the rejection of its bid for the award of a contract for a new Central Lottery Monitoring and Control System in the state of Maryland. In addition to warning that the state stands to lose a “substantial financial benefit,” Intralot implied that it is weighing its […]
Business
August 4, 2025
Donaco Shareholders Give the Thumbs Up to On Nut Road’s Takeover Offer
Donaco International, a company that operates leisure and entertainment businesses across the Asia Pacific region, has inched closer to becoming a part of On Nut Road as shareholders have approved the latter company’s takeover offer. The Deal Underscores Trust in Donaco’s Long-Term Potential On Nut Road, a Hong Kong-based, Argyle-backed special purpose vehicle, set out […]
Business
August 4, 2025
Escalante to Complete VGW Ownership as Shareholders Approve $2.1B Takeover
Laurence Escalante, founder of sweepstakes powerhouse Virtual Gaming Worlds (VGW), has inched closer to acquiring the entirety of the company as shareholders have approved his latest offer. With this, the company prepares to go private. Shareholders Gave the Thumbs Up to Escalante’s Latest Proposal VGW, which runs Chumba Casino, Global Poker, and Luckyland Slots, has […]
Sports
August 1, 2025
Genius Sports Pens Data Rights & GeniusIQ Deal with European Leagues Association
Genius Sports, a company that powers the global sports, betting and media ecosystem with data, tech, and broadcasting solutions, has unveiled a major agreement with the European Leagues Association, an organization that ties 40 leading professional soccer leagues together. Genius Sports Expands Its Soccer Footprint According to Genius Sports’ announcement, it has now secured the […]
Business
August 1, 2025
The Star Entertainment’s Shares Plummet as DBC Sale Fails
The Star Entertainment Group announced that the planned sale of its interest in the Destination Brisbane Consortium (DBC) has fallen through, with its joint venture partners refusing to further extend the heads of agreement deadline. This major setback has caused the company’s stock to take a major dip. The Star Sought to Sell Its DBC […]
Industry
August 1, 2025
Tribal Casinos Hit $43.9B Record in 2024 Despite Mounting Challenges
Tribal-owned casinos reported an all-time high $43.9 billion in gross gaming revenues in fiscal year 2024, the National Indian Gaming Commission (NIGC) revealed in a report published Thursday. The milestone marks the fourth consecutive year of growth, highlighting the sector’s enduring resilience following the pandemic-induced slump of 2020. Tribal Gaming Enjoyed Nationwide Growth NIGC’s data […]
Business
August 1, 2025
Robinhood’s Leaders Hail Strong Q2 Performance
Robinhood’s leaders announced that its event contracts have more than doubled in the second quarter of the year, underpinned by the rapid growth of prediction markets as a whole. Robinhood’s Growth Continued According to the company’s co-founder and chief executive, Vladimir Tenev, Robinhood experienced tremendous growth in several key areas. He elaborated that Robinhood ended […]
Business
July 31, 2025
MyPrize Secures $21M from Investors, Eyes Further Growth
Social casino specialist MyPrize has closed its latest funding round, securing millions. The money will help the company bolster its growth efforts and improve its platform. MyPrize Closes $21M Funding Round at a Valuation Cap of $250M MyPrize, which launched in 2024, has just closed its latest funding round, securing $21 million from its investors. […]
Business
July 31, 2025
Flutter Entertainment Completes Boyd Agreement, Cements 100% Ownership in FanDuel
Earlier this month, Flutter Entertainment announced the purchase of the last 5% of FanDuel from Boyd Gaming Corporation. The deal has now officially closed, cementing Flutter’s ownership in the leading sportsbook. Flutter Set Out to Acquire All of FanDuel The transaction valued FanDuel at $31 billion, forcing FanDuel to secure a $1.75 billion loan for […]
