Business
November 14, 2025
Everbay Capital Cites Concerns Over Golden Entertainment CEO Buyout
New York–based investment firm Everbay Capital has sent a letter to Golden Entertainment’s board raising serious concerns about last week’s announcement that the company’s CEO, Blake Sartini, plans to purchase the business. Everbay Capital argues that the proposed price of $2.75 per share for the remaining company, following the real estate divestiture, significantly undervalues its […]
Business
November 14, 2025
AQR Weighs a Move into Sports Betting as Prediction Markets Continue to Expand
AQR Capital Management, one of the leading global quantitative hedge funds, is carefully evaluating whether sports betting could be its next frontier. Co-founder and CIO Cliff Asness discussed this possibility during a special 10th anniversary episode of the Odd Lots podcast, noting that the firm is examining what such a move would entail. Prediction Markets […]
Business
November 14, 2025
Bragg Gaming’s Stellar Q3 Growth Was Offset by Dutch Headwinds
Bragg Gaming Group, a major gaming content and tech provider, has published its Q3 report, highlighting its financials for the period. While the company’s revenue increased, its losses did as well. The Netherlands Offset Significant Revenue Gains Bragg Gaming’s Q3 report outlined EUR 26.8 million ($31.2 million) in revenue for Q3 2025. Excluding the Netherlands, […]
Business
November 14, 2025
Gambling.com Reports Strong Q3, Despite Continued Setbacks
Gaming and betting affiliate Gambling.com Group has published its financial results for Q3, reporting continued revenue growth. The company’s positive revenue and EBITDA metrics, however, were offset by an increase in losses. The Company’s Revenue Increased, But Losses Also Mounted Gambling.com reported Q3 revenue of $39 million, marking a double-digit growth of 21% year-on-year. On […]
Business
November 13, 2025
Flutter Lowers Its 2025 Guidance Due to Q3 Trouble
Online sports betting and iGaming powerhouse Flutter Entertainment has published its Q3 results. While the company’s revenue experienced double-digit growth, its net loss broadened due to a variety of headwinds. Flutter’s Revenue Was Strong, But Losses Mounted Flutter’s report for the three months ended September 30 outlined revenue of $3.8 billion, marking an increase of […]
Business
November 13, 2025
Catalist Sports Onboards Betting Veteran James Monk as VP & GM
Catalist Sports, an emerging provider of licensed sports-betting content in the US, announced a major addition that will further boost its growth in America. According to the company’s latest announcement, the experienced James Monk has joined its team as vice president & general manager. The Company Onboarded a Seasoned Betting Executive Monk, who was described […]
Industry
November 12, 2025
Macau’s November Revenue Expected to Hit Over $2.5B
Macau’s casino industry is expected to generate approximately MOP 20.5 billion (around $2.55 billion) in gross gaming revenue (GGR) for November, despite a more difficult start to the month, which saw a 4% weekly drop. Experts Estimate Macau’s November Revenue The drop in revenue was a lot milder than expected, however, and experts attribute it […]
Business
November 12, 2025
Intralot Announces Board Changes, Names Bally’s Head Reeves as CEO
Intralot has announced changes to its leadership in the aftermath of its acquisition of Bally’s online gaming business and Bally’s acquisition of a majority stake in the former company. With Bally’s now serving as the majority owner of Intralot, Robeson Mandela Reeves was named as the latter business’s new chief executive officer. Reeves Joins Intralot […]
Business
November 12, 2025
Aristocrat’s Strong FY Report Highlights $915M in Shareholder Returns
Australian gaming manufacturer Aristocrat has published its financial results for the fiscal year, reporting strong performance in the second half of the year. Thanks to that, the company returned AUD 1.4 billion ($915M) to shareholders. Aristocrat Recorded Double-Digit Growth Across Key Metrics In its report, Aristocrat highlighted revenue of AUD 6.3 billion ($4.1 billion), up […]
Business
November 11, 2025
Far East Consortium to Sell Ritz-Carlton Perth Stake to AMTD
Far East Consortium International (FEC) announced its plans to sell a stake in The Ritz-Carlton Perth, a luxury, 5-star hotel on the riverfront at Elizabeth Quay. The buyer, according to a Hong Kong Stock Exchange filing, is AMTD Group, a conglomerate with a portfolio spanning across the media and entertainment, education and training, and premium […]
