Business
May 22, 2025
Intralot Quashes Max Gaming Acquisition Rumors
Intralot, a reliable lottery partner and licensed gaming provider, has commented on rumors regarding an M&A deal it allegedly considered. Coming shortly after a report by a major Australian news outlet, the Greek company’s statement denied the rumored arrangement. Report Implied Intralot Could Acquire Max Gaming A recent report by The Australian made headlines after […]
Business
May 22, 2025
Blackstone Considers Selling Clarion Events amid Broader Market Uncertainty
Blackstone is now searching for buyers interested in acquiring Clarion Events, a leading privately held event and exhibition business. The sudden announcement drew significant attention from industry experts, with some believing it could set off more high-profile sales. As for Clarion, the company’s future remains uncertain despite its substantial post-pandemic recovery, as political headwinds and […]
Business
May 22, 2025
Better Collective Q1 in Line with Expectations, Company Announces Share-Buyback
Better Collective, a digital sports media group, has published its financial report for Q1 2025, highlighting a slight decrease in revenue. Despite the temporary setback, the company’s leaders, who are still looking forward to a favorable 2025, reaffirmed the revenue guidance. Better Collective Experienced Setbacks In Q1 2025, Better Collective’s revenue reached EUR 83 million […]
Business
May 21, 2025
Playtech Shares Decline Amid Strong US Growth and LATAM Challenges
Playtech shares were trading down 2.55% at 343.50 pence (about $4.59) per share in London as of May 21, following a trend in the decline of the company’s shares that has been observed over the past months. Playtech Shares See Prominent Shifts Despite this, in a report earlier today, the gambling software developer said it […]
Business
May 21, 2025
SharpLink Gaming Sets $4.5M Public Offering amid Push into Crypto iGaming
SharpLink Gaming, Inc. (Nasdaq: SBET) has posted an official press release announcing the pricing of a new public offering to raise approximately $4.5 million in gross proceeds. The offering, structured on a “reasonable best efforts” basis, includes the sale of up to 1,530,612 shares of common stock, or their equivalents, at $2.94 per share. SharpLink […]
Business
May 20, 2025
GR8 Tech Names Technology Veteran Edward Smyshliaiev as CTO
GR8 Tech, a B2B provider of custom iGaming solutions, announced the appointment of a new chief technology officer. The one up to the task is Edward Smyshliaiev, a tech veteran who will enable the company to enter its next phase of growth. A Seasoned Tech Veteran Joins as CTO Smyshliaiev was described as a seasoned […]
Business
May 20, 2025
Sega Sammy to Close Its Acquisition of GAN on May 27
Sega Sammy published an update on its acquisition of GAN Limited, announcing that it is on track to satisfy the conditions necessary to proceed with the deal. Although Sega Sammy confirmed that the deal would affect its financial report for the year, it has yet to estimate the impact. Sega Sammy Hopes to Close the […]
Casino
May 19, 2025
Wynn Resorts Drops from the Downstate New York Casino License Race
Wynn Resorts has taken a step back, deciding to give up on its plans for a New York casino. The casino and hospitality giant will therefore drop from the race for one of the three downstate New York gaming licenses. Wynn’s Project Had Recently Secured a Major Approval A few weeks ago, Wynn Resorts secured […]
Business
May 19, 2025
Light & Wonder Closes Acquisition of Grover Gaming’s Charitable Gaming Assets
Light & Wonder announced that it has completed its acquisition of Grover Gaming’s charitable gaming assets. The transaction was announced earlier this year and was praised by the former company due to “strong cultural alignment” between the two parties. Light & Wonder Closes the Deal On May 19, Light & Wonder confirmed that it has […]
Business
May 19, 2025
Codere Online Reports Significant Growth in Q1 2025
Codere Online announces significant growth in the first quarter of 2025, posting a €54.3 million (about $61 million) revenue, up 8% compared to the same period of 2024. Codere Online Announces Its Q1 Revenue CEO of Codere Online, Aviv Sher, said that the company is off to a great start in 2025. He noted that […]
