Gambling News - 'Business'
Business
August 20, 2025
SkyCity Requests Trading Halt Ahead of FY 2025 Report & Capital Raise
SkyCity Entertainment Group Limited, a major tourism, leisure and entertainment company in New Zealand and Australia, has requested a trading halt ahead of its next financial report. The company noted that the halt will allow it to wrap up the details of a potential capital raise. SkyCity Wants to Maintain an Orderly Market In its […]
Business
August 20, 2025
Novomatic Submits Improved Bid for Ainsworth
Not too long after major stakeholders of Ainsworth Game Technology (ATG) lambasted Novomatic’s takeover offer, saying that it undervalues the business, the latter company returned with another proposal. Novomatic Returns with an Unconditional Offer Novomatic, a European gaming powerhouse, has launched a new bid to acquire all of Ainsworth’s outstanding shares. The new proposal outlines […]
Business
August 19, 2025
PointsBet Weighs in on Betr’s Improved Disclosure
PointsBet has welcomed Betr Entertainment’s improved disclosure, although the former company’s leaders have remained unconvinced by its suitor’s acquisition proposal. In any case, this small victory is a ray of light for Betr, the latest proposals of which have been largely dismissed by PointsBet. Betr Continues Its Efforts to Acquire PointsBet Betr has long sought […]
Business
August 18, 2025
Bragg Gaming Reports Cybersecurity Incident
Bragg Gaming Group, a leading B2B provider of content and technology to the global iGaming industry, has announced a cybersecurity incident. Bragg added that there has been no indication that any personal information was affected. No Personal Information Has Been Leaked In its official announcement, the provider said that it became aware of the cybersecurity […]
Business
August 14, 2025
Bragg Gaming Group Publishes Q2 Results, Expresses FY 2025 Confidence
Bragg Gaming Group, a B2B provider of iGaming tech and content, has published its financial report for Q2 2025, highlighting an increase in revenue, despite a slight drop in adjusted EBITDA. The company also updated its full-year forecasts, as it shifts toward high-quality earnings. The Adj. EBITDA Decreased Despite an Increase in Revenue In Q2 […]
Business
August 13, 2025
Catena Media’s Q2 Report Highlights the Impact of Optimization
Leading affiliate Catena Media has published its financial report for the second quarter of the year, highlighting the positive impact of its business optimization measures. While the company experienced certain setbacks, its leadership was happy with the effect of the stabilization efforts so far. Catena Media’s Stabilization Efforts Yield Results In the three months ended […]
Industry
August 12, 2025
Entain Prepared for Potential AUSTRAC Penalties
Entain, a global leader in sports betting and gaming, announced its interim results for H1, which ended 30 June 2025, revealing that a recent reorganization has helped it innovate better and is also prepared for potential penalties from Australia’s financial crime watchdog AUSTRAC. Entain Officials Talk About AUSTRAC Legal Issues During the earnings call, Entain […]
Business
August 12, 2025
Entain Raises FY 2025 Guidance Following Strong H1
Global sports betting and gaming giant Entain has published its interim H1 report, highlighting results that exceeded its leadership’s initial expectations. As a result, the company has updated its guidance and raised its FY 2025 forecasts. Entain’s H1 Was Very Strong In the first half of the year, Entain’s total net gaming revenue, including its […]
Business
August 12, 2025
Full House Resorts Posts Q2 Report, Highlights Stable Revenue
Casino and hospitality company Full House Resorts has published its financial results for the second quarter of the year. The company’s revenue remained mostly stable, with its team continuing its efforts to identify and address inefficiencies. Full House Resorts’ Revenue Was Mostly Stable In its report, Full House Resorts outlined revenues of $73.9 million – […]
Business
August 12, 2025
Novig’s Latest Funding Round Nets the Company $18M
Novig, a US-focused peer-to-peer sports prediction market, has announced the completion of its latest Series A funding round. The round saw participation from a variety of longtime Novig allies and netted the company some $18 million. Supporters Fueled Novig’s Future Growth Per Novig’s official announcement, the latest funding round was led by Forerunner and saw […]