Business
November 11, 2025
Genting Issues $217M in MTNs to Support Genting Malaysia Takeover
Malaysian conglomerate Genting Berhad recently announced its intention to buy the remaining 50.64% stake in its listed subsidiary Genting Malaysia Bhd for MYR 6.74 billion ($1.6 billion). In an update on November 10, the former company unveiled the issuance of medium-term notes (MTNs) to support the transaction. The Issuance Will Enable the Acquisition of Genting […]
Business
November 10, 2025
Gaming Heavyweight Ramiro Atucha Unveils LATAM-Focused Gaming Consultancy
Gaming industry heavyweight Ramiro Atucha has unveiled the launch of a new consultancy firm called Atucha Strategic Advisory. The firm will have an initial focus on the Latin American market, helping companies tap into the opportunities inherent to the rapidly growing sector. The New Consultancy Will Be LATAM-Focused at First According to the announcement, Atucha […]
Business
November 7, 2025
Golden Entertainment CEO to Buy the Company in a Private Buyout
Golden Entertainment, a company operating a diversified entertainment platform that includes gaming and hospitality assets, announced that it has reached a definitive agreement to sell its operating assets to its CEO and founder, Blake Sartini, along with his affiliates. In addition, seven of Golden Entertainment’s casino real estate properties will be sold to VICI Properties […]
Industry
November 7, 2025
Raketech Publishes Q3 Results, Hails Streamlining Efforts
Leading iGaming affiliate Raketech has disclosed its financial results for the third quarter of the year. The company reported mostly stable results although its revenue declined amid its ongoing streamlining measures. Raketech’s EBITDA Remained Stable Raketech reported EUR 6.2 million ($7.2 million) in revenue from continued operations, marking a decrease from EUR 10.7 million in […]
Business
November 7, 2025
DraftKings Posts Q3 Reports, Prepares to Launch Prediction Markets Soon
US gaming and betting giant DraftKings has published its business results for the third quarter of 2025 (Q3), highlighting stable financials. In addition to that, the company revised its guidance and teased that the launch of its prediction markets platform could happen very soon. A Strong Quarter for the Betting Giant In its Q3 update, […]
Industry
November 6, 2025
ESPN Bet to Shut Down as Penn Ends $1.5B Partnership Deal
Penn Entertainment has announced its decision to withdraw from the 10-year, $1.5 billion collaboration with ESPN, effectively ending the ESPN Bet project, the joint sportsbook the two companies launched just over two years ago. The decision, announced on Thursday during Penn’s quarterly earnings call, concludes one of the most ambitious but ultimately unsuccessful experiments in […]
Business
November 6, 2025
Pragmatic Solutions Onboards Cybersecurity Heavyweight Kieren Lovell as CISO
Player account management (PAM) platform specialist Pragmatic Solutions announced a major addition to its C-suite. According to the company’s latest announcement, the experienced Kieren Lovell will join its team as its new chief information security officer (CISO). The Appointee Is a Cybersecurity Veteran On November 5, Pragmatic Solutions confirmed Lovell’s appointment as CISO, saying that […]
Business
November 6, 2025
Sportradar Reports Robust Q3 Metrics, Despite Profit Headwinds
Sportradar Group has published its financial results for the third quarter of the year, reporting double-digit revenue growth. The company attributed its stable financials to its strong performance in the key US market. The Company’s Metrics Increased In its report, Sportradar outlined Q3 revenue of EUR 293 million ($338 million), up 14% year-on-year. This was […]
Business
November 5, 2025
Genius Sports Publishes Q3 Report, Updates Guidance
Genius Sports has released its Q3 report, outlining double-digit revenue growth and leading to a raise of the company’s full-year guidance. The growth was driven by the strong performance of the Media division. The Company Had a Favorable Quarter In its official report, Genius Sports highlighted group revenue of $166.3 million, up 38% year-on-year. As […]
Business
November 5, 2025
ClearStake Secures GBP 1.5 Million to Expand Player Verification Technology
UK-based player verification and affordability platform ClearStake has completed a new funding round, raising GBP 1.5 million ($1.96 million), thanks to several prominent investors from the online gaming and fintech sectors. The extra capital will support the launch of the company’s new ID by Bank product, which enables gaming operators to check player identities directly […]
