Gambling News - 'Business'
Business
July 31, 2025
RSI’s Q2 Was Its 9th Quarter of Revenue and EBITDA Growth
Casino and sports betting giant Rush Street Interactive (RSI) has published its financials for the second quarter of the year, reporting double-digit growth in revenue and EBITDA. The leadership praised the period as an exceptional quarter and used the opportunity to raise the company’s full-year guidance. The Company Continued to Go from Strength to Strength […]
Business
July 30, 2025
Caesars Entertainment Posts Its Q2 Operating Results
Caesars Entertainment highlighted progress in its digital division, offsetting growth in online gaming against softer results from its land-based hospitality operations in Las Vegas. The Digital Segment Saw a Positive Development Caesars Entertainment CEO Tom Reeg stated that the Caesars Digital segment delivered one of its strongest quarters to date. He explained that the momentum […]
Business
July 30, 2025
Takeovers Panel Restrains Betr’s Latest Bid for PointsBet
As MIXI and Betr continue to court PointsBet, the Australian Takeovers Panel has intervened to halt Betr’s latest proposal. Despite the latter company’s recent decision to increase its bid, the panel argued that there were certain disclosure issues. Betr Has Been Hellbent on Acquiring PointsBet Betr has sought to acquire PointsBet, which operates sports betting […]
Business
July 30, 2025
Sydney Bowling Club Prevents Bally’s Corp to Trademark Name in Australia
The Balgowlah Bowling Club, fondly referred to as “The Bally” by its local community on Sydney’s northern beaches, has effectively prevented US casino giant Bally’s from trademarking its name in connection with the potential acquisition of Star Entertainment Group. Sidney Bowling Club Blocks Bally’s Trademark Bid in Australia Balgowlah Bowling Club, situated on Sydney’s north […]
Business
July 30, 2025
Star Entertainment’s Q4 Shows Continued Softness Despite Bally’s Help
The Star Entertainment Group Limited has published its unaudited quarterly report for the three-month period ended June 30, 2025 (Q4). The results highlighted continued financial struggles amid Bally’s investment. The Company’s Q4 Was Soft, if Stable In the fourth quarter of the fiscal year, The Star reported revenue of AUD 270 million ($175 million), which […]
Industry
July 29, 2025
Spreadex Pushes Back Against CMA over Sporting Index Merger Decision
Spreadex refuses to concede in the ongoing drama involving the UK Competition and Markets Authority (CMA). The company argues that the regulator’s proposed solution to its acquisition of Sporting Index’s consumer-focused business is based on outdated assumptions, ignoring the realities of a struggling market where many operators run on razor-thin margins. A Struggling Market Could […]
Business
July 25, 2025
Apple iSports to Boost Business Via LBC Enterprises Acquisition
Apple iSports, an emerging gaming, entertainment, and technology services provider, announced that it has penned a definitive agreement to acquire LBC Enterprises, an online gaming, betting and payment systems company. The agreement will boost Apple iSports’ business, allowing it to expand its presence in the US. Apple iSports Is Pursuing Growth in the US Based […]
Casino
July 25, 2025
Boyd Gaming to Create New Par-A-Dice Casino in Peoria, Illinois
Boyd Gaming CEO Keith Smith announced this week that the company is in the final stages of designing and securing regulatory approval for a “modern, new entertainment facility” that will replace the Par-A-Dice Riverboat Casino in East Peoria. Boyd Gaming Announces New Casino Plans Smith did not share specific details about the project during the […]
Industry
July 25, 2025
Drive by DraftKings to Invest More in Real-Money Gaming
Venture capital firm Drive by DraftKings has announced its intention to intensify its focus on real-money gaming (RMG) with the launch of its second fund, highlighting the sector’s rapid growth and its transformative impact on user engagement with entertainment. Drive by DraftKings to Double Down on the Evolving RMG Market Drive’s confidence comes at a […]
Business
July 25, 2025
Boyd Gaming’s Q2 Report Outlines Growth in Revenue and EBITDA
Boyd Gaming Corporation has published its financial report for the quarter ended June 30, 2025 (Q2), highlighting a stable increase in revenue and EBITDA. The strong performance was praised by Keith Smith, the company’s president and chief executive officer, who said that Boyd is bullish on creating more shareholder value. The Quarter Was a Favorable […]