Gambling News - 'Business'
Industry
November 26, 2024
Kindred Exits Poland Shortly After Graj Legalnie Scrutiny
Kindred Group, a prominent gaming company, has announced its exit from Poland. The company recently discontinued its casino and poker operations in the country and is now putting an end to its sports betting business there too. Kindred to End Its Business in Poland Kindred Group, which operates the Unibet brand in Poland, pulled back […]
Business
November 25, 2024
Bet-at-Home Weighs Sale amid Operational Challenges
Bet-at-home AG, a veteran in the online gaming and sports betting industry, is reportedly exploring a potential sale, according to a recent NEXT.io report. Despite recent struggles, the company’s resilient financial performance could make the operator an attractive acquisition target. Bet-at-home maintains a presence in several European markets, further aiding its prospects. Unfavorable Developments Hurt […]
Casino
November 25, 2024
Live! Casino Pittsburgh Steps Up Its Game with New Facilities
Live! Casino Pittsburgh, a prominent gaming property in Pennsylvania, has cut the red ribbon of new facilities, offering guests the opportunity to take their gaming experience a step further. The renovation was but the latest improvement in a chain of investments in the venue. The New Facilities Will Enhance the Experience Originally announced this summer, […]
Business
November 25, 2024
Lottoland Celebrates 20M Players Worldwide
Lottery provider Lottoland just celebrated a major milestone as its platform surpassed 20 million customers worldwide. Now over ten years old, the lottery company continues to provide players with engaging lottery games. A Major Milestone for the Company Lottoland was founded in 2013 and has since been going from strength to strength. The company currently […]
Legal
November 25, 2024
Macau Legend to Dispute the Termination of Its Cape Verde Concession
Macau Legend Development Limited, an investment holding company that owns and operates gaming facilities in Macau and beyond, has disagreed with the Cape Verde government’s decision to terminate its concession. The holding plans to dispute the decision and is seeking legal advice. The Inaction Did Not Sit Well with the Government For context, the Cape […]
Industry
November 25, 2024
Playtech Eyes Happybet Sale, Reports Claim
Gaming specialist Playtech is reportedly mulling over a sale of its Happybet betting brand. The brand has struggled to gain traction, prompting the parent company to plan a discontinuation of its operation in Austria. Playtech Onboarded Oakvale Capital to Explore a Sale, Rumors Say Sources told gaming news outlet NEXT.io that a Happybet sale is […]
Business
November 22, 2024
Spreadex to Sell Sporting Index Due to Monopoly Concerns
The UK Competition and Markets Authority (CMA) has ordered Spreadex to divest itself of Sporting Index due to significant competition concerns in the licensed online sports spread betting market. This decision comes after an extensive investigation into the merger concluded that the deal stifled competition and risked negatively impacting consumers. A Consolidated Market Could Hurt […]
Business
November 22, 2024
Star Entertainment Confirms the Execution of $130M Debt Facility
Australian gaming and hospitality giant The Star Entertainment Group unveiled a new debt facility amid a challenging period for the company and continued regulatory scrutiny. The Debt Facility Will Help the Company Get Through the Struggles In a filing to the Australian Securities Exchange (ASX), the company announced that it has executed a commitment letter […]
Business
November 22, 2024
Wynn Shares Al Marjan Casino Update, Says Building Is 55% Complete
Wynn Resorts announced that the construction of its Al Marjan Island casino resort is progressing well, moving the company closer to realizing its UAE casino ambitions. The company hopes to complete the overall property by December 2025. The Construction Is Progressing Well According to Wynn’s announcement, 55% of the structural concrete is now complete. The […]
Sports
November 21, 2024
Analysts: Paul vs. Tyson to Bolster Sportsbooks’ Q4
Macquarie and JMP Securities analysts have highlighted the benefits of the recent boxing match between Jake Paul and Mike Tyson. While the game was unorthodox and controversial, its extraordinary nature was precisely what glued millions of sports enthusiasts to the screens. Analysts Forecast Strong Q4 for Sport Betting Thanks to the Fight The clash between […]