Gambling News - 'Business'
Business
August 7, 2025
Super Group’s Q2 Broke Its Revenue and EBITDA Records
Global gaming giant Super Group has published its financial report for the second quarter of 2025, highlighting a new quarterly revenue record. The leadership praised the results and said that the investments in technology should position the group for long-term growth. The Company’s Quarterly Performance Was the Strongest on Record In the second quarter of […]
Business
August 7, 2025
Penn Entertainment Posts Strong Q2 Results as Interactive Segment Marks New Record
American gaming giant Penn Entertainment has published its financial report for the second quarter of the year, reporting an increase in revenue and EBITDA, as well as a significant narrowing of the company’s net loss. Penn’s Interactive Segment Reported Record-Breaking Figures In the second quarter of 2025, Penn Entertainment’s revenue reached almost $1.8 billion, marking […]
Business
August 6, 2025
Genius Sports’ Q2 Net Loss Offsets Double-Digit Revenue Growth
Genius Sports Limited, a company that powers sports, betting and media businesses with data, technology and broadcast services, has published its financial results for the second quarter of 2025. The company reported a double-digit increase in revenue and unveiled its outlook for the year. The Company’s Strong Revenues Were Offset by Net Loss of $53.9M […]
Business
August 6, 2025
Inspired Entertainment Posts Strong Q2 Results, Appoints New VP of Investor Relations
Inspired Entertainment, a leading provider of content, technology and solutions to the gaming industry, has published its financials for the second quarter of the year. In addition to that, the company unveiled the appointment of Aimee Remey as its new vice president of investor relations. The Company’s Financial Growth Was Driven by the Interactive Segment […]
Industry
August 5, 2025
Bazaar Meat Set to Reopen at Las Vegas Venetian
According to the José Andrés Group, Bazaar Meat is set to reopen on September 4 at its new location in the Palazzo at the Venetian Resort. The popular Las Vegas restaurant closed its venue at the Sahara on July 31, 2025, in preparation for the move. Bazaar Meat to Re-Open With Renewed Menu Bazaar Meat’s […]
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 […]