Gambling News - 'Business'
Business
February 25, 2026
Light & Wonder’s 2025 Results Take a Blow Due to Dragon Train Lawsuit
Light & Wonder, a leading provider of gaming content, has published its results for the final quarter of 2025, as well as for the full fiscal year. Despite its strong performance, the company’s results were offset by costs associated with the Dragon Link settlement. Light & Wonder’s Record Results Were Offset by Legal Costs Light […]
Industry
February 24, 2026
PENN Entertainment Reaches Milestone Agreement with Minority Shareholders
PENN Entertainment has reached a truce with activist investor HG Vora Capital Management, ending the mounting internal frictions that have been plaguing the company for the past year. PENN announced a new cooperation agreement with the hedge fund and will appoint three new independent directors to its board: Heather Ace, Jeffrey Fox, and Fabio Schiavolin. […]
Business
February 24, 2026
Bragg Gaming’s Preliminary FY 2025 Report Forecasts Upcoming Challenges
Bragg Gaming Group, a leading iGaming content and technology solutions provider, published its preliminary unaudited financial results for FY 2025. The company expects its results to be within its previously issued guidance ranges, but the company’s unimpressive 2026 guidance caused its shares to take a dip. Bragg’s 2025 Results Were Stable Bragg’s projected Q4 results […]
Business
February 24, 2026
DraftKings Slashes Workforce Due to Changes in Priorities
DraftKings is undergoing another round of internal changes, resulting in layoffs. Speaking to gaming news outlet NEXT.io, a DraftKings spokesperson explained that this reorganization comes amid changes in priorities. DraftKings’ Priorities Continue to Evolve As numerous DraftKings workers suddenly found themselves without a job, a DraftKings spokesperson contacted NEXT.io to make some clarifications. The layoffs […]
Casino
February 23, 2026
Carnival Cruise Line Expands Carnival Conquest’s Onboard Casino
Carnival Cruise Line, an international Florida-headquartered cruise line, has unveiled major improvements to its ships, including an expanded casino at Carnival Conquest. This change seeks to capitalize on the growing demand for onboard entertainment. Carnival Boosts Conquest’s Appeal with Expanded Casino With Bahamas cruises becoming more and more popular, Carnival Cruise Line is adding […]
Business
February 19, 2026
FDJ Unveils Leadership Changes, Initiates Search for New CFO
FDJ United, a leading gaming group describing itself as a “European gaming and betting champion,” has unveiled changes to its leadership, including the exit of Nils Andén as chief online betting and gaming officer and the beginning of a search for a new chief financial officer. Andén to Explore Other Opportunities In its official announcement, […]
Business
February 19, 2026
Aviatrix Launches Metaverse Solution to Create a Connected Player Journey
Crash game specialist Aviatrix has launched its Aviatrix iGaming Metaverse, taking its products to the next level. The new solution will unite Aviatrix’s games into a single, multi-game ecosystem, as the company seeks to launch new titles. Aviatrix Plans to Add New Games to Its Lineup Aviatrix, which has been a single-game business for three […]
Legal
February 18, 2026
Nevada Sues Kalshi in Escalating Battle over Sports Event Contracts
Kalshi’s efforts to establish itself as a nationwide sports event contract operator have hit a wall in Nevada, where state regulators have launched a fresh legal challenge to restrict the platform. On Tuesday, the Nevada Gaming Control Board filed suit to block the New York-based company from offering contracts tied to professional and collegiate sports. […]
Business
February 18, 2026
Caesars Entertainment’s Q4 Report Highlights Strong Revenues Amid Higher Net Loss
American casino and hospitality giant Caesars Entertainment has published its financial results for Q4 2025, reporting a slight increase in revenue and EBITDA, despite an increase in net loss. The increase in revenue was underpinned by the rapid growth of the Caesars Digital division. Caesars’ Net Loss Broadened Despite Its Strong Revenues In its announcement, […]
Business
February 17, 2026
Rank Group Adds Former Manchester United CFO to Its C-Suite
The Rank Group announced the addition of a new chief financial officer on an interim basis. The one who will temporarily fill the role is Cliff Baty, an experienced finance expert with an impressive corporate track record. Rank Group Welcomes a New Interim CFO In a regulatory filing submitted on February 17, 2026, Rank Group […]