Gambling News - 'Business'
Business
March 12, 2026
LCKY Group Names Industry Veteran Alex Manning as CTO
LCKY Group, the company formerly known as Glitnor, announced a major new appointment, saying that the experienced Alex Manning will join its fold as its group chief technology officer. The new addition to the company’s C-suite comes not long after its strategic rebrand. LCKY Onboards Former L&W CTO to Its C-Suite LCKY Group hailed Manning’s […]
Business
March 12, 2026
Wynn Resumes Work on Al Marjan Island Project Following Brief Pause
International gaming and hospitality giant Wynn Resorts has published an update on its Wynn Al Marjan Island project in the UAE, confirming that construction has resumed after a short pause related to the ongoing war in Iran. Wynn Had Halted the Construction Due to the War in Iran Wynn Resorts previously halted its […]
Business
March 11, 2026
Genius Sports to Continue Investment in Sports Firm Legend and Prediction Markets
Sports technology company Genius Sports has recently released its FY25 financial results, reporting group-wide revenue growth of 31%, rising from $510 million the previous year to $669.6 million. The company expects to exceed $1 billion in revenue by the end of 2026 following its acquisition of sports content and media firm Legend earlier this year, […]
Industry
March 11, 2026
Officials Assure Higher Gas Prices from the Iran War Won’t Affect Las Vegas Tourism
Steve Hill, president and CEO of the Las Vegas Convention and Visitors Authority (LVCVA), said it is still too soon for Las Vegas to respond to the recent surge in gasoline prices that have followed the start of the Iran war. Las Vegas Tourism Won’t Be Affected, LVCVA President Says Hill noted after Tuesday’s LVCVA […]
Industry
March 11, 2026
AGEM Index Slides in February as More Tech Stocks Post Losses
The AGEM Index declined significantly in February, extending a losing streak that has exacerbated the uncertainty within the casino technology sector. The index, which tracks the share price performance of major gaming equipment suppliers, declined by 194.49 points. This figure represents a 10.7% decrease from January and an almost 9% drop year-over-year. The results follow […]
Industry
March 11, 2026
Kaizen Gaming Bolsters AI Capabilities with GameplAI Acquisition
Kaizen Gaming, a leader in gaming technology, announced that it has acquired AI-driven sports trading and analytics provider GameplAI for an undisclosed sum. According to the former company, the acquisition will bolster its sports trading, player markets, and performance analytics capabilities. The Deal Reflects Kaizen’s Commitment to Innovation In its announcement, Kaizen explained that the […]
Sports
March 9, 2026
Bet365 Becomes the UFC’s Official Betting Partner for US & CA
Global betting and gaming leader bet365 has penned a major deal with the UFC, replacing DraftKings as the MMA organization’s official sports betting partner for the US and Canada. Bet365 Becomes the UFC’s Latest Betting Ally In its announcement, the UFC confirmed the operator as its official sports betting partner. This arrangement comes shortly after […]
Business
March 9, 2026
Underdog Acquires Aristotle Exchange to Launch Event Contracts on Its Own
Underdog, an up-and-coming US sports business, confirmed that it has acquired the Aristotle Exchange DCM and Aristotle Exchange DCO. The first of these two businesses is a designated contract market (DCM), while the other is a derivatives clearing organization (DCO). Underdog to Offer Event Contracts Under Its Own Exchange According to the announcement, the acquisition […]
Business
March 6, 2026
FanDuel Reportedly Parts Ways with Sports Prez Mike Raffensperger
Mike Raffensperger, FanDuel’s president of sports, is reportedly preparing to exit the company. His departure comes amid a somewhat turbulent period of FanDuel’s parent company, Flutter Entertainment, although sources suggested that his decision is unrelated to that fact. FanDuel to Distribute Raffensperger’s Responsibilities Among Its Team According to reports, Raffensperger announced his departure in an […]
Business
March 5, 2026
Entain Reports Strong FY2025 as BetMGM Reaches Profitability
Entain achieved substantial growth in fiscal year 2025, propelled by solid online expansion and successful operational results from its BetMGM venture. The London-based betting and gaming company generated stronger earnings and improved cash flow. It also achieved its first full year of profitability through its American business partnership, signaling a shift from years of heavy […]